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Registration approved Plotted Development project

The Lake View Address - Phase 3

By Indiabuild Realty Private Limited

RG-KA-49095 · RERA PRM/KA/RERA/1251/308/PR/191107/002992

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Mar 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 47 documents Report an error

The Lake View Address - Phase 3 is a Plotted Development project by Indiabuild Realty Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/191107/002992 on 7 Nov 2019. Possession is promised by 30 Mar 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameThe Lake View Address - Phase 3
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/191107/002992
  • ReraGenie IDRG-KA-49095

Builder

  • NameIndiabuild Realty Private Limited
  • Entity typeCompany
  • CINU45201KA2010PTC055058
  • Authorized SignatoryVEGESANA MURALI KRISHNAMRAJU
  • DirectorsMr.Santosh Soni, Mr.Pawan Sawhney
  • Other registrations2 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredNov 2019First promiseJun 2021Revised toMar 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Nov 2019
  • Promised completion30 Mar 2022
  • Revised completionRevised to 30 Mar 2022 (originally 30 Jun 2021)
  • BuildingsNot stated in filing
  • Documents filed47 files

The full filing

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

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 area14,721 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 5.92 cr

Certifying professionals and partners2

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

RoleName
ArchitectVenkatramanan Associates
EngineerMr. B E Pruthviraj

Extensions applied for1

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

ExtensionJun 2021 → Mar 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed47

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/1251/308/PR/191107/002992 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 and GST Certificate.pdf-
Plan Approval Letter-
Approved Layout Plan with Letter 5MB-
EC for 12 years-
PROFORMA OF SALE DEED-
PROFORMA AOS-
Sale Deed GR Ramachandra and Radhamma RTC-
Approved Layout Plan with Letter 5MB-
Area CDP Plan-
Allotment Letter Phase -
BROCHURE NA-
Specification and Amenities-
EC Uploaded-
Sec 3(1) Notarised Affidavit-
JDA Affidavit and Agreement-
RTC for all survey number-
JDA GPA-
RTC MR HISS TIPPANY AKARABAND-
Conversion Order-
Relinquishment Deed Phase III-
Declaration for NOCs-
Declaration for NOCs-
KSPCB NOC-
Unnamed document-
Approved Layout Plan with Letter 5MB-
Approved Layout Plan with Letter 5MB-
Conversion Order-
Balance Sheet 2018 - 2019File: Balance Sheet 2017 18.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet 2016 17.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet 2015 16.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit and Loss 2017 18.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit and Loss 2016 17.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit and Loss 2016 17.pdf-
Director's Report 2018 - 2019File: Director Reports 2017 18.pdf-
Director's Report 2017 - 2018File: Director Reports 2016 17.pdf-
Director's Report 2016 - 2017File: Director Reports 2015 16.pdf-
Cash Flow Statement 2018 - 2019File: Cashflow Statemnet 2017 18.pdf-
Cash Flow Statement 2017 - 2018File: Cashflow Statement 2016 17.pdf-
Auditor's Report 2018 - 2019File: Auditor Reports 2017 18.pdf-
Auditor's Report 2017 - 2018File: Auditor Report 2016 17.pdf-
Auditor's Report 2016 - 2017File: Auditor Reports 2015 16.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2017 18.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 2016 17.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 2015 16.pdf-
Form B_Affidavit-
Prospectus/BrochureFile: TLVA-Brochure - Villas & Plots New 32x12in.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1251_308_PR_191107_002992.xlsx-

Promoter's earlier projects2

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.

2 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
The Lake View Address-Phase 2-Completed-No date filed
The Lake View Address -Phase 1-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 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

Builder: Indiabuild Realty Private Limited

Indiabuild Realty Private Limited has 3 registrations on RERA Karnataka, including IVC Northshire Address and The Lake View Address - Apartments. Its filings declare 3 earlier projects, 3 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 Lake View Address - Phase 3 is delayed beyond 30 Mar 2022?

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 Lake View Address - Phase 3?

The registered promoter entity is Indiabuild Realty Private Limited, a company as per the filing. Its CIN U45201KA2010PTC055058 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 Lake View Address - Phase 3?

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 Lake View Address - Phase 3?

The professionals named in the filing: Architect: Venkatramanan Associates; Engineer: Mr. B E Pruthviraj. 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 Lake View Address - Phase 3?

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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