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The Nest
RG-KA-44196 · RERA PRM/KA/RERA/1268/378/PR/220104/004623 · Last updated on RERA Karnataka portal: 29 Dec 2021
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
The Nest is a Residential/Group Housing project by Milan Vasanth in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/220104/004623 on 4 Jan 2022. Possession is promised by 25 Sep 2023.
At a glance
Project
- NameThe Nest
- TypeResidential/Group Housing
- Location
- MYSORE
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1268/378/PR/220104/004623
- ReraGenie IDRG-KA-44196
Builder
- NameMilan Vasanth
- Entity typeProprietorship Firm
- Authorized SignatoryMilan Vasanth
- OthersMilan Vasanth
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on4 Jan 2022
- Promised completion25 Sep 2023
- Revised completionNone
- Buildings1 building record
- Documents filed79 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| THE NEST | - | - | - | 12 | 0 | 12 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 29 Dec 2021, the date of the latest filing. 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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | Not applicable |
| Plinth level Beam | Not applicable |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Not applicable |
| 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 work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities37
As on 29 Dec 2021, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | Yes | - |
| Use of renewable energy | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | Yes | - |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | Yes | - |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | No | Not applicable |
| Terrace | Yes | - |
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Milan Vasanth | - | - |
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | D S Ramakrishna Rao |
| Engineer | Dr Raghavendra Prasad |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed79
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/1268/378/PR/220104/004623 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Agreement for SaleFile: AFS.pdf | 29 Dec 2021 |
| AOS ScheduleFile: Schedule .pdf | 23 Dec 2021 |
| Schedule DFile: scedule D.pdf | 23 Dec 2021 |
| Schedule EFile: Schedule-E.pdf | 23 Dec 2021 |
| Schedule FFile: ScheduleF.pdf | 23 Dec 2021 |
| Schedule GFile: Schedule-G.pdf | 23 Dec 2021 |
| AffidavitFile: Affidavit.pdf | 7 Dec 2021 |
| Agreement of SaleFile: Agreement of Sale.pdf | 7 Dec 2021 |
| KSPCBFile: STP.pdf | 7 Dec 2021 |
| FINANCIAL UNDERTAKING LETTERFile: FINANCIAL UNDERTAKING LETTERpdf.pdf | 22 Nov 2021 |
| WATER SUPPLY NOCFile: WATER SUPPLY NOC.pdf | 22 Nov 2021 |
| KSPCB NOC DECLARATION LETTERFile: KSPCB DECLARATION LETTER.pdf | 22 Nov 2021 |
| BANK ACCOUNT CHEQUE LEAFFile: MILANA VASANTH BANK CHEQUE LEAF.pdf | 25 Oct 2021 |
| AUDITED FINANCIAL UNDERTAKING LETTERFile: MILANA VASANTH - FINANCIAL UNDERTAKING LETTER.pdf | 25 Oct 2021 |
| CHESCOM NOCFile: BWSSB NOC MILAN VASANTH.pdf | 25 Oct 2021 |
| BWSSB NOCFile: CHESCOM NOC MILANA VASANTH.pdf | 25 Oct 2021 |
| PROPRIETORSHIP UDYAM REGISTRATION CERTIFICATEFile: UDYAM REGISTRATION CERTIFICATE PROPRIETARY.pdf | 16 Sep 2021 |
| BANK PASSBOOKFile: BANK PASSBOOK MILANA VASANTH.pdf | 16 Sep 2021 |
| VISIBLE SITE PLANFile: SITE PLAN MILANA VASANTH.pdf | 16 Sep 2021 |
| PLAN SANCTION LETTERFile: PLAN SANCTION LETTER .pdf | 16 Sep 2021 |
| CHESCOM APPLIED COPYFile: CHESCOM NOC APPLIED COPY.pdf | 16 Sep 2021 |
| BWSSB NOCFile: BWSSB NOC.pdf | 16 Sep 2021 |
| ITRFile: IT Return.pdf | 16 Sep 2021 |
| Plan approval | - |
| Sanction Draw | - |
| Sanction Draw | - |
| Will Document | - |
| Title Deed | - |
| Project Specification | - |
| EC | - |
| Affidavit | - |
| JDA Undertaking Letter | - |
| Katha | - |
| JDA Undertaking Letter | - |
| Probate Document from Milan Vasanth | - |
| Unnamed document | - |
| Unnamed document | - |
| Agent Undertaking Letter | - |
| Developmental Detail | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| NOC Undertakin Letter & Applied Copy | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| legal opinion | - |
| Balance Sheet 2019 - 2020File: Financial Undertaking Letter .pdf | - |
| Balance Sheet 2018 - 2019File: Financial Undertaking Letter .pdf | - |
| Balance Sheet 2017 - 2018File: Financial Undertaking Letter .pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Financial Undertaking Letter .pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Financial Undertaking Letter .pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: Financial Undertaking Letter .pdf | - |
| Director's Report 2019 - 2020File: Financial Undertaking Letter .pdf | - |
| Director's Report 2018 - 2019File: Financial Undertaking Letter .pdf | - |
| Director's Report 2017 - 2018File: Financial Undertaking Letter .pdf | - |
| Cash Flow Statement 2019 - 2020File: Financial Undertaking Letter .pdf | - |
| Cash Flow Statement 2018 - 2019File: Financial Undertaking Letter .pdf | - |
| Auditor's Report 2019 - 2020File: Financial Undertaking Letter .pdf | - |
| Auditor's Report 2018 - 2019File: Financial Undertaking Letter .pdf | - |
| Auditor's Report 2017 - 2018File: Financial Undertaking Letter .pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: Financial Undertaking Letter .pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: IT Return.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: Financial Undertaking Letter .pdf | - |
| Affidavit Form B | - |
| Prospectus/BrochureFile: Brochure.pdf | - |
| Advertisement Copy 1File: Advertisement.pdf | - |
| Tower Excel SheetFile: PRMKARERA1268378PR220104004623 (2).xlsx | - |
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Builder: Milan Vasanth
Milan Vasanth has 1 registration on RERA Karnataka, including The Nest. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mysore district page.
Frequently asked questions
What are my rights if The Nest is delayed beyond 25 Sep 2023?
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 Nest?
The registered promoter entity is Milan Vasanth, a proprietorship firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 Nest?
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 Nest?
The professionals named in the filing: Architect: D S Ramakrishna Rao; Engineer: Dr Raghavendra Prasad. 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 Nest?
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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