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Registration withdrawn Residential/Group Housing project

THE ICON NORTH Towers G and H in Cluster IV

By G CORP HOMES PVT LTD

RG-KA-70438 · RERA PRM/KA/RERA/1251/446/PR/190614/002616

Source: official RERA Karnataka filing

Red flags

  • Registration withdrawn
  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2024Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 55 documents Report an error

THE ICON NORTH Towers G and H in Cluster IV is a Residential/Group Housing project by G CORP HOMES PVT LTD in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/190614/002616 on 14 Jun 2019. Possession is promised by 30 Sep 2024. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameTHE ICON NORTH Towers G and H in Cluster IV
  • 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/190614/002616
  • ReraGenie IDRG-KA-70438

Builder

  • NameG CORP HOMES PVT LTD
  • Entity typeCompany
  • CINU70102KA2006PTC040256
  • Authorized SignatoryRAMESH.N.
  • OthersSADANAND G BYAKOD
  • Declared earlier projects1 →

Key dates

this monthRegisteredJun 2019First promiseDec 2023Revised toSep 2024

Key facts

Registration and timeline

  • StatusRegistration withdrawn
  • Registered on14 Jun 2019
  • Promised completion30 Sep 2024
  • Revised completionRevised to 30 Sep 2024 (originally 31 Dec 2023)
  • Buildings2 building records
  • Documents filed55 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
G---61061
H---61061

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 etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
G-TOWER - Masonry-
G-TOWER - Water Proofing Work-
G-TOWER - Plastering Work-
G-TOWER - Plumbing & Sanitary Work-
G-TOWER - Fire Alarm and Fire potection work-
G-TOWER - Electrical works-
G-TOWER - Painting work-
H-TOWER - RCC Work - Super Structure Work-
H-TOWER - Masonry Work-
H-TOWER - Water Proofing Work-
H-TOWER - Plastering Work-
H-TOWER - Plumbing & Sanitary Work-
H-TOWER - Fire Alarm and Fire potection work-
H-TOWER - Electrical works-
H-TOWER - Painting work-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable
G-TOWER - Internal Finishing Work-
G-TOWER - External development work-
G-TOWER - Lift installation work-
H-TOWER - Internal Finishing Work-
H-TOWER - External development work-
H-TOWER - Lift installation work-

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 waterNoNot applicable
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 HallNoNot applicable
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 103.41 cr

Certifying professionals and partners2

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

RoleName
ArchitectArcop Associates Pvt Ltd
EngineerOptimization Consultants Pvt ltd

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionDec 2023 → Sep 2024

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed55

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/190614/002616 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-
Legible Approved Plan(bbmp) and Architect certified phase plan-
Proforma of Sale deed-
Proforma of Sale agreement--
SALE DEED and RTC-
Site plan-Development Phases certified by Architect-
Approved Area development plan-
Proforma of Allotment Letter-
Brochure of current project-
Letter for All NOC's-
Project Specifications-
Encumbrance Certificate (1-4-2006 to 18-12-2018)-
AFFIDIVIT-DECLARATION 3(1)-
KHATA AND TAX RECEIPT-
Joint Developement Agreement(JDA)-
Conversion Certificate and MR-
Conversion Order-
Utilisation Certificate-
Utilisation Certificate-
Utilisation Certificate-
NOC Fire Force Dept-
NOC-Airport Authority-
NOC BESCOM-
NOC BWSSB-
NOC KSPCB-
NOC SEIAA-
NOC BSNL-
Approved section of building-
Existing Layout Plan-
Existing section Plan-
Conversion Order-
Title Deed-Legal report-
Balance Sheet 2017 - 2018File: GCHPL-Balance Sheet-2017-18.pdf-
Balance Sheet 2016 - 2017File: GCHPL-Balance Sheet-2016-17.pdf-
Balance Sheet 2015 - 2016File: GCHPL-Balance Sheet-2015-16.pdf-
Audited Profit and Loss Statement 2017 - 2018File: GCHPL-Statement of Profit & Loss-2017-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: GCHPL-Statement of Profit & Loss-2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: GCHPL-Statement of Profit & Loass-2015-16.pdf-
Director's Report 2017 - 2018File: GCHPL-Directors Report-2017-18.pdf-
Director's Report 2016 - 2017File: GCHPL-Directors Report-2016-17.pdf-
Director's Report 2015 - 2016File: GCHPL-Directors Report-2015-16.pdf-
Cash Flow Statement 2017 - 2018File: GCHPL-Cash Flow Statement-2017-18.pdf-
Cash Flow Statement 2016 - 2017File: GCHPL-Cash Flow Statement-2016-17.pdf-
Auditor's Report 2017 - 2018File: GCHPL-Auditors Report-2017-18.pdf-
Auditor's Report 2016 - 2017File: GCHPL-Auditors Report-2016-17.pdf-
Auditor's Report 2015 - 2016File: GCHPL-Auditors Report-2015-16.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Homes FY 1718 AY 1819.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Homes FY 1617 AY 1718.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Homes FY 1516 AY 1617.pdf-
DECLARATION-AFFIDAVIT-
Prospectus/BrochureFile: G&H E-BROCHURE.pdf-
Advertisement Copy 1File: ADV COPY.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_190614_002616.xlsx-

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 B C D and E-Completed-No date filed

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is among them

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 G Other 28Dot size: filed unitsN

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

Builder: G CORP HOMES PVT LTD

G CORP HOMES PVT LTD has 1 registration on RERA Karnataka, including THE ICON NORTH Towers G and H in Cluster IV. 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 does it mean that THE ICON NORTH Towers G and H in Cluster IV shows as registration withdrawn on RERA Karnataka?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the RERA Karnataka portal, and take legal advice before paying any further instalment.

What are my rights if THE ICON NORTH Towers G and H in Cluster IV is delayed beyond 30 Sep 2024?

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 G and H in Cluster IV?

The registered promoter entity is G CORP 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 G and H in Cluster IV?

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.

Who certifies construction progress at THE ICON NORTH Towers G and H in Cluster IV?

The professionals named in the filing: Architect: Arcop Associates Pvt Ltd; 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 G and H in Cluster IV?

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; why the completion date was revised and what the new timeline depends on.

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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