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The Presidential Tower
By Best Golden Developers Pvt Ltd
RG-KA-90349 · RERA PRM/KA/RERA/1251/309/PR/171014/000565 · Last updated on RERA Karnataka portal: 29 Oct 2026
Source: official RERA Karnataka filing
Red flags
- 11 complaints at RERA Karnataka
- Completion date moved by 72 months
- 3 extensions taken
Clear
- No litigation declared
- Separate project account declared
Saved.
The Presidential Tower is a Residential/Group Housing project by Best Golden Developers Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171014/000565 on 14 Oct 2017. Possession is promised by 30 Jun 2027. The completion date has moved by 72 months from the original filing. 270 of the 368 units on this registration are recorded sold or booked, and 7 of 17 construction stages are filed complete. 11 complaints are on record with the regulator.
At a glance
Project
- NameThe Presidential Tower
- TypeResidential/Group Housing
- Location
- Bengaluru North
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/309/PR/171014/000565
- ReraGenie IDRG-KA-90349
Builder
- NameBest Golden Developers Pvt Ltd
- Entity typeCompany
- CINU70100KA2011PTC061674
- Authorized SignatorySanjay raj C D
- DirectorSanjay raj C D
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on14 Oct 2017
- Promised completion30 Jun 2027
- Revised completionRevised to 30 Jun 2027 (originally 30 Jun 2021)
- Buildings1 building record
- Documents filed86 files
Current status
Figures as on 29 Oct 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| The Presidential Tower | - | - | - | 368 | 0 | 368 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 29 Oct 2026, 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.
7 of 17 construction stages are filed complete. The stage furthest along is Masonry construction: Bricks, at 96%.
Building: 85% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 100% |
| Retaining wall (All types) | 100% |
| Plinth level Beam | 100% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 100% |
| RCC or MS Framed structure | 100% |
| Masonry construction: Bricks, Concrete blocks etc | 96% |
| Plastering inside , outside & Ceiling | 95% |
| Joinery: Doors, Windows, Ventilators etc | 68% |
| Basic work of Water supply, Sanitary and Electrification | 68% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 70% |
| Railing and Grill fixing | 80% |
| Electrification, Water supply and Sanitary Finishing | 50% |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | 100% |
| Weather Proof work(tile,concrete) | 80% |
| Painting | 85% |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per santioned drawings | 50% |
Progress on shared amenities41
As on 29 Oct 2026, 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 | 35% |
| Internal Roads & Footpaths | Yes | 65% |
| Sewage and Drainage System | Yes | 55% |
| Parks & Tree planting | Yes | 35% |
| Street Lighting | Yes | 75% |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | 60% |
| Solid waste management and disposal | Yes | 55% |
| Water conservation | Yes | 20% |
| Energy management | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 100% |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | 80% |
| Emergency Evacuation services | Yes | 100% |
| Storm water drains | Yes | 60% |
| Use of renewable energy | Yes | 50% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 55% |
| Electricity | Yes | 50% |
| Smart Home Automation | Yes | 0% |
| CCTV Surveillance | Yes | 50% |
| Club House | Yes | 75% |
| Community Hall | Yes | 50% |
| Outdoor Sports facility | Yes | 20% |
| Indoor Sports facility | Yes | 55% |
| Swimming Pool | Yes | 82% |
| Gym | Yes | 60% |
| Parks | Yes | 75% |
| Power Backup | Yes | 0% |
| Gas | Yes | 0% |
| Water and Sanitation | Yes | 20% |
| Air Conditioning And incerntion | Yes | 0% |
| Staircases | Yes | 100% |
| Lifts | Yes | 84% |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | 85% |
| Fire escapes | Yes | 100% |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | 65% |
| Basement | Yes | 98% |
| Terrace | Yes | 80% |
| Outer Wall | Yes | 100% |
| Open parking areas and common storage spaces | Yes | 75% |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | 20% |
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.
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 318.35 cr | Rs 288.18 cr |
| On-site expenditure-Salaries of workers | Rs 82.97 cr | Rs 51.34 cr |
| Principal sum and interest payable to financial institutions-Non Banking financial institution (NBFC) | Rs 70.50 cr | - |
| Principal sum and interest payable to financial institutions-Scheduled Banks | Rs 30.15 cr | - |
| Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for construction | Rs 25.56 cr | - |
| Payment of fees | Rs 14.46 cr | Rs 9.04 cr |
| Payment of taxes | Rs 13.46 cr | Rs 5.89 cr |
| On-site expenditure-Site Overhead | Rs 9.96 cr | Rs 22.58 cr |
| Payment of charges | Rs 6.60 cr | Rs 8.38 cr |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 2.82 cr | Rs 4.18 cr |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Rajiv Hanumantaiah |
| Engineer | GH basavaraj |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Reason as filed by the promoterothers
No reason recorded in the filing
Complaints filed with RERA Karnataka11
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CMP/190515/0003030 | - | Best Golden Developers Pvt Ltd | 15/05/2019 |
| CMP/190520/0003099 | - | Best Golden Developers Pvt Ltd | 20/05/2019 |
| CMP/220608/0009606 | - | Best Golden Developers Pvt Ltd | 08/06/2022 |
| 01871/2023 | - | Best Golden Developers Pvt Ltd | 26/12/2023 |
| 00202/2024 | - | Best Golden Developers Pvt Ltd | 19/02/2024 |
| 01156/2025 | - | Best Golden Developers Pvt Ltd | 11/09/2025 |
| 01447/2025 | - | Best Golden Developers Pvt Ltd | 08/12/2025 |
| 01448/2025 | - | Best Golden Developers Pvt Ltd | 08/12/2025 |
| 00456/2026 | - | Best Golden Developers Pvt Ltd | 02/05/2026 |
| 00950/2026 | - | Best Golden Developers Pvt Ltd | 04/08/2026 |
| 01033/2026 | - | Best Golden Developers Pvt Ltd | 20/08/2026 |
Documents filed86
As listed on the registration, under the names the promoter filed them with; the newest 80 of 86 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/171014/000565 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: CA Certificate Q1 26-27.pdf | 29 Oct 2026 |
| Q1 2026-27 Form-5 Certificate issued by ArchitectFile: Architect's Certificate - The Presidential Tower.pdf | 29 Oct 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Engineer certificate-Q1-26-27.pdf | 29 Oct 2026 |
| Q1 2026-27 Water supply and sewage board | 29 Oct 2026 |
| Q1 2026-27 KSPCB- PCB (10 Acres to 125 Acres) | 29 Oct 2026 |
| Q1 2026-27 KPTCL- BESCOM | 29 Oct 2026 |
| Q1 2026-27 Fire and Safety | 29 Oct 2026 |
| Q1 2026-27 Airport Authority of India | 29 Oct 2026 |
| Q1 2026-27 BSNL/Telecommunication Department | 29 Oct 2026 |
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: CA Certificate - Q4.pdf | 11 Jul 2026 |
| Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Architect Certificate Q4.pdf | 11 Jul 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Engineer certificate-Q4-25-26.pdf | 11 Jul 2026 |
| Q4 2025-26 Water supply and sewage board | 11 Jul 2026 |
| Q4 2025-26 KSPCB- PCB (10 Acres to 125 Acres) | 11 Jul 2026 |
| Q4 2025-26 KPTCL- BESCOM | 11 Jul 2026 |
| Q4 2025-26 Fire and Safety | 11 Jul 2026 |
| Q4 2025-26 Airport Authority of India | 11 Jul 2026 |
| Q4 2025-26 BSNL/Telecommunication Department | 11 Jul 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: CA Certificate Q3 Dec 25 Signed Copy.pdf | 6 Mar 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Architect Certificate Q3.pdf | 6 Mar 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: TPT-Engg Certificate-Q3(25-26).pdf | 6 Mar 2026 |
| Q3 2025-26 Water supply and sewage board | 6 Mar 2026 |
| Q3 2025-26 KSPCB- PCB (10 Acres to 125 Acres) | 6 Mar 2026 |
| Q3 2025-26 KPTCL- BESCOM | 6 Mar 2026 |
| Q3 2025-26 Fire and Safety | 6 Mar 2026 |
| Q3 2025-26 Airport Authority of India | 6 Mar 2026 |
| Q3 2025-26 BSNL/Telecommunication Department | 6 Mar 2026 |
| CertificateFile: incorporation certificate.pdf | - |
| Project Details | - |
| Certificate form Architect,Engineer,CA etc.File: Real_Estate_Act.pdf | - |
| Architect Certificate for Work Completion Schedule till DateFile: Arc Certificate work completed.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: Eng Certificate Status of work.pdf | - |
| CA Certificate for Funds UtilizationFile: CA certificate for funds utilisation.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: Arc Certificate work completed.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: Arc Certificate work completed.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: CA certificate for funds required.pdf | - |
| AffidavitFile: Affidavit.pdf | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails for Extension of project_R1.xlsx | - |
| Document 2File: Reason for Delay Letter.pdf | - |
| Document 3File: Affidavit - Form B.pdf | - |
| BBMP - Submitted | - |
| BBMP | - |
| BDA | - |
| Deed of absolutte sale | - |
| AFS_PT_revised by Ramu9 8 17_Defect liabikity 5 years_19Aug 2017 | - |
| BDA- Submitted modify | - |
| Approved section of building- Compressed | - |
| RTC & MUTATION | - |
| secation file(1) | - |
| CDP | - |
| Allotment Letter | - |
| Presidential_Tower Brochure- Comp | - |
| all noc(1) | - |
| TPT specification (1) | - |
| ec | - |
| Khata | - |
| JDA- 07102017 | - |
| Conversion order | - |
| PT FIRE NOC | - |
| AAI revised NOC | - |
| PT BESCOM NOC | - |
| BWSSB NOC | - |
| PT KSPCB NOC | - |
| BSNL NOC | - |
| Advocates search report | - |
| Balance Sheet 2015 - 2016File: 2016-Balance sheet.pdf | - |
| Balance Sheet 2014 - 2015File: 2015-balance sheet.pdf | - |
| Balance Sheet 2013 - 2014File: 2014-balance sheet.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: 2016-Profit and loss.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: 2015-Profit loss statament.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: 2014-Profit and loss report.pdf | - |
| Director's Report 2015 - 2016File: 2016-Directors report.pdf | - |
| Director's Report 2014 - 2015File: 2015-director report.pdf | - |
| Director's Report 2013 - 2014File: 2014-director report.pdf | - |
| Cash Flow Statement 2015 - 2016File: Doc1- Blank.pdf | - |
| Cash Flow Statement 2014 - 2015File: Doc1- Blank.pdf | - |
| Auditor's Report 2015 - 2016File: 2016-auditorreport compresed.pdf | - |
| Auditor's Report 2014 - 2015File: 2015-independent auditor report.pdf | - |
| Auditor's Report 2013 - 2014File: 2014-auditor report.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: 2016-it returns.pdf | - |
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Builder: Best Golden Developers Pvt Ltd
Best Golden Developers Pvt Ltd has 1 registration on RERA Karnataka, including The Presidential Tower. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if The Presidential Tower is delayed beyond 30 Jun 2027?
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 Presidential Tower?
The registered promoter entity is Best Golden Developers Pvt Ltd, a company as per the filing. Its CIN U70100KA2011PTC061674 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 Presidential Tower?
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 Presidential Tower?
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 Presidential Tower?
The professionals named in the filing: Architect: Rajiv Hanumantaiah; Engineer: GH basavaraj. 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 Presidential Tower?
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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