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Registration approved Residential/Group Housing project

THE ICON NORTH Towers C , D and E (Cluster III)

By GCORP HOMES PVT LTD

RG-KA-22645 · RERA PRM/KA/RERA/1251/446/PR/171015/000326

Source: official RERA Karnataka filing

Red flags

  • 4 complaints at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
May 2019Possession promisedno revision filed
4Complaints at RERA Karnatakaon this registration
Jump to the 64 documents Report an error

THE ICON NORTH Towers C , D and E (Cluster III) is a Residential/Group Housing project by GCORP HOMES PVT LTD in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171015/000326 on 15 Oct 2017. Possession is promised by 31 May 2019. 4 complaints are on record with the regulator.

At a glance

Project

  • NameTHE ICON NORTH Towers C , D and E (Cluster III)
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/446/PR/171015/000326
  • ReraGenie IDRG-KA-22645

Builder

  • NameGCORP HOMES PVT LTD
  • Entity typeCompany
  • CINU70102KA2006PTC040256
  • Authorized SignatoryRAMESH N
  • DirectorSADANAND G BYAKOD
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredOct 2017PromisedMay 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Oct 2017
  • Promised completion31 May 2019
  • Revised completionNone
  • Buildings3 building records
  • Documents filed64 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TOWER C---1080108
TOWER D---1080108
TOWER E---1060106

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes-

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area76,889 sq m
Named landownersNone

Project account and cost

70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Estimated costRs 208.48 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectARCOP Associates Private Limited
EngineerOptimization Consultants Pvt ltd

Complaints filed with RERA Karnataka4

Case no.ComplainantRespondentFiled
00667/2023-GCORP HOMES PVT LTD04/05/2023
00780/2023-GCORP HOMES PVT LTD20/05/2023
00784/2023-GCORP HOMES PVT LTD20/05/2023
00957/2023-GCORP HOMES PVT LTD22/06/2023

Documents filed64

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/171015/000326 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Company registraction certificate.pdf-
Commencement Certificate-
approved building plan-
SITE DEVELOPMENT PLAN with details-
Proforma of Sale Deed-
Sale Agreement-
SALE DEED and RTC-
Approved section of building-
Area Development Plan of project-
Proforma of Allotment Letter-
Brochure of current project-
Cover Letter-NOC's-
Project Specifications-
Encumbrance Certificate-
KHATA-
Joint Developement Agreement(JDA)-
ADDITIONAL DOCUMENTS-
Letter for Conversion certificate-
NOC Fire Force Dept-
NOC-Airport Authority-
NOC BESCOM-
NOC BWSSB-
NOC KSPCB-
NOC SEIAA-
NOC BSNL-
Sectional and Elevational Drawing-
Balance Sheet 2015 - 2016File: Balance Sheet 2016.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet 2015.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit and Loss statement 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Profit and Loass statement 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Profit and Loss 2014.pdf-
Director's Report 2015 - 2016File: Directors report 2016.pdf-
Director's Report 2014 - 2015File: Directors report 2015.pdf-
Director's Report 2013 - 2014File: Directors Report 2014.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement 2016.pdf-
Cash Flow Statement 2014 - 2015File: Cash Flow statement 2015.pdf-
Auditor's Report 2015 - 2016File: Auditor Report 2016.pdf-
Auditor's Report 2014 - 2015File: Auditor report 2015.pdf-
Auditor's Report 2013 - 2014File: Auditor report 2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Homes AY 2016-17ITRV.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Homes AY 2015-16ITRV.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: Homes Ay 2014-15ITRV.pdf-
Declaration in form B CD&E-
Prospectus/BrochureFile: 01 G Corp_Brochure_.pdf-
Advertisement Copy 1File: 02-The Icon ADV COPY.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_171015_000326 (5).xlsx-
Loan raised documentFile: No dues Closure Letter Gcorp Homes P Ltd.pdf-
Stability CertificateFile: 1CDE Stability CErt.pdf-
Road cutting permission letter issued by the planning Authority for laying Water supply line, sanitary line, UFile: 2road cutting - Bwssb + Bescom.pdf-
NOC issued by the Fire Force department after completion of workFile: 3FIRE RENEWAL CLEARANCE CERTIFICATE.pdf-
Occupancy CertificateFile: 4TIN CDE Occupancy Certificate BBMP.pdf-
Consent for operation issued by KSPCBFile: 5CDE-KSPCB Consent to Operate STP.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: 7CDE BESCOM Sanction Letter Transformer.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: 8CDE-BWSSB.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: 9,10,11Declaration The Icon CDE.pdf-
Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: 9,10,11Declaration The Icon CDE.pdf-
Details of undivided share of land handed over to the association of allotteesFile: 9,10,11Declaration The Icon CDE.pdf-
Architect certificate for having completed the work(in format no 5)File: 12 TIN CDE ARCH CERT Proj Comp.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: CA Completion Certificate - ICON NORTH Tower CDE_compressed.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: 14Affidavit TIN CDE Project Completion.pdf-
Chartered Engineer Certificate Project CompletionFile: 15TIN CDE FORM 6 ENGG CERT Proj Compl.pdf-
Certificate of Satisfaction of DischargeFile: certificate of Satisfaction of charge.pdf-
No Dues Letter Bank LoanFile: No dues Closure Letter Gcorp Homes P Ltd.pdf-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
THE ICON NORTH - Towers A and B-Completed-No date filed

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmTHE ICON NORTH Towers C Other 28Dot size: filed unitsN

Filed coordinates, straight-line distance. 28 registered projects within 2 km.

Builder: GCORP HOMES PVT LTD

GCORP HOMES PVT LTD has 2 registrations on RERA Karnataka, including THE ICON NORTH Towers C , D and E (Cluster III) and THE ICON NORTH Tower F. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if THE ICON NORTH Towers C , D and E (Cluster III) is delayed beyond 31 May 2019?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.

How do I verify and contact the developer of THE ICON NORTH Towers C , D and E (Cluster III)?

The registered promoter entity is GCORP HOMES PVT LTD, a company as per the filing. Its CIN U70102KA2006PTC040256 can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.

Is my payment protected in THE ICON NORTH Towers C , D and E (Cluster III)?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How do I read the complaint cases filed against THE ICON NORTH Towers C , D and E (Cluster III)?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at THE ICON NORTH Towers C , D and E (Cluster III)?

The professionals named in the filing: Architect: ARCOP Associates Private Limited; Engineer: Optimization Consultants Pvt ltd. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in THE ICON NORTH Towers C , D and E (Cluster III)?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.

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