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Registration approved Residential/Group Housing project

The Wisdom Tree Community

By Expat Projects & Development Pvt Ltd

RG-KA-92981 · RERA PRM/KA/RERA/1251/446/PR/171015/000251

Source: official RERA Karnataka filing

Red flags

  • 3 complaints at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2018Possession promisedno revision filed
3Complaints at RERA Karnatakaon this registration
Jump to the 42 documents Report an error

The Wisdom Tree Community is a Residential/Group Housing project by Expat Projects & Development Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171015/000251 on 15 Oct 2017. Possession is promised by 31 Dec 2018. 3 complaints are on record with the regulator.

At a glance

Project

  • NameThe Wisdom Tree Community
  • 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/171015/000251
  • ReraGenie IDRG-KA-92981

Builder

  • NameExpat Projects & Development Pvt Ltd
  • Entity typeCompany
  • CINU45202KA2007PTC043869
  • Authorized SignatoryDebanjan Roy

Key dates

this monthRegisteredOct 2017PromisedDec 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Oct 2017
  • Promised completion31 Dec 2018
  • Revised completionNone
  • Buildings5 building records
  • Documents filed42 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Wing-I (Tower-2A)---48048
Wing-II (Tower-2CE)---50050
Wing-III (Tower-2CW)---50050
Wing-IV (Tower-2BS)---38038
Wing-V (Tower-2BN)---50050

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 Beam-
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 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 SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
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-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
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 area15,883 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 84.40 cr

Certifying professionals and partners2

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

RoleName
ArchitectAbstract Reality Pvt Ltd (Formerly : Living Space Design)
EngineerDesign ventures Engineering Consultants (I) Pvt Ltd

Complaints filed with RERA Karnataka3

Case no.ComplainantRespondentFiled
CMP/200716/0006197-Expat Projects & Development Pvt Ltd16/07/2020
CMP/201104/0007011-Expat Projects & Development Pvt Ltd04/11/2020
CMP/201112/0007051-Expat Projects & Development Pvt Ltd12/11/2020

Documents filed42

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/171015/000251 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: EPDPL_Registration Certificate.pdf-
Commencement certificate-
Approved Building Plan-
Approved Layout Plan-
Wisdom Tree_Proforma Sale Deed-
Wisdom Tree_Proforma of AoS-
Existing Layout Plan-
Existing Section Plan-
Abraham Ninan Sale deed-
1 Approved Section of Building-
Area Development Plan of Project Area-
Wisdom Tree_Proforma Allotment Letter-
1 Wisdom Tree_Brochure-
BBMP Approval-
Wisdom Tree_Specification-
1 EC Mar 16 (AN)-
Wisdom Tree_Khata-
120502-165-NOC-AAI-
120919-165-NOC-BESCOM-
130118-165-NOC-BWSSB-
120522-165-NOC-BSNL-
Balance Sheet 2015 - 2016File: 1 EPDPL - Balance Sheet - 2016.pdf-
Balance Sheet 2014 - 2015File: 2 EPDPL - Balance Sheet - 2015.pdf-
Balance Sheet 2013 - 2014File: 3 EPDPL - Balance Sheet - 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 1 EPDPL - Profit and Loss Account - 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2 EPDPL - Profit and Loss Account - 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 3 EPDPL - Profit and Loss Account - 2014.pdf-
Director's Report 2015 - 2016File: EPDPL - Directors Report - 2016.pdf-
Director's Report 2014 - 2015File: EPDPL - Directors Report - 2015.pdf-
Director's Report 2013 - 2014File: EPDPL - Directors Report - 2014.pdf-
Cash Flow Statement 2015 - 2016File: 1 EPDPL - Cash Flow Statement - 2016.pdf-
Cash Flow Statement 2014 - 2015File: 2 EPDPL - Cash Flow Statement - 2015.pdf-
Auditor's Report 2015 - 2016File: EPDPL - Auditors Report - 2016.pdf-
Auditor's Report 2014 - 2015File: EPDPL - Auditors Report - 2015.pdf-
Auditor's Report 2013 - 2014File: EPDPL - Auditors Report - 2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 1 ITR 6 - AY - 2015-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 2 ITR 6 - AY - 2014-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 3 ITR 6 - AY - 2013-14.pdf-
Affidavit cum Declaration - FORM - B-
Prospectus/BrochureFile: Wisdom Tree Brochure 2019 for web.pdf-
Advertisement Copy 1File: WTC Ad.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_171015_000251.xlsx-

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 Wisdom Tree CommunitOther 35Dot size: filed unitsN

Filed coordinates, straight-line distance. 35 registered projects within 2 km.

Builder: Expat Projects & Development Pvt Ltd

Expat Projects & Development Pvt Ltd has 1 registration on RERA Karnataka, including The Wisdom Tree Community. 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 Wisdom Tree Community is delayed beyond 31 Dec 2018?

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 Wisdom Tree Community?

The registered promoter entity is Expat Projects & Development Pvt Ltd, a company as per the filing. Its CIN U45202KA2007PTC043869 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 Wisdom Tree Community?

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 Wisdom Tree Community?

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 Wisdom Tree Community?

The professionals named in the filing: Architect: Abstract Reality Pvt Ltd (Formerly : Living Space Design); Engineer: Design ventures Engineering Consultants (I) 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 Wisdom Tree Community?

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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