RERA Property Intelligence Report · Preview

PARAMOUNT ASPIRE

PARAMOUNT CONSTRUCTION COMPANY · · K-RERA PRM/KA/RERA/1268/378/PR/180217/002689

Report coverage

K-RERA registry & builder-record report

What this report covers

  • Official K-RERA registry facts — units, cost, land area, towers, approvals
  • Complaint / litigation & compliance history
  • Builder delivery record across their K-RERA portfolio
  • Construction trajectory & sales pace from quarterly filings

To confirm directly with the builder

  • No dimensioned unit layouts could be confidently extracted from the filed plans.
Not yet
Completion certificate
None declared
Legal status
7
Other RERA projects by builder

🔒 The verdict & buyer playbook · Compliance report

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55
Registered units
₹16.5 Cr
Est. construction cost
Units profiled
42
RERA documents on file

Official Registry Facts

Official project scale

RERA filing

Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.

DisclosureOfficial valueWhy it matters
Registered units55Total inventory registered with K-RERA.
Registered land area3,805 sqmThe land area attached to this K-RERA registration.
Sanctioned FAR/FSI2.25Higher FAR generally means a denser vertical build, subject to site layout and open-space design.
Registered towers/wings1Official tower/wing count in the K-RERA detail page.
Parking disclosed55 total (0 open) — 1.00 spaces/unitConfirm whether your quoted unit includes an allotted parking space and where it sits.
Project start date29-01-2018

Official inventory & towers

RERA filing

K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.

Registered tower / wing summary

Tower/wingFloorsUnitsParkingHeight
PARAMOUNT ASPIRE45555-

Official unit register

RERA filing

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 55 official flat/unit rows, matching the 55 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.

By unit type

Unit typeRowsCarpet areaUDSParking lots
3BHK301,356.0-2,063.0 sqft700.0-903.0 sqft30
2BHK251,133.0-1,650.0 sqft585.0-722.0 sqft25

By tower / wing

Tower/wingRowsCarpet areaUDSParking lots
PARAMOUNT ASPIRE551,133.0-2,063.0 sqft585.0-903.0 sqft55
Show sample official unit rows
UnitTowerFloorTypeCarpetUDSParking
G-1PARAMOUNT ASPIRE02BHK1,176.0 sqft609.0 sqft1
G-2PARAMOUNT ASPIRE02BHK1,174.0 sqft605.0 sqft1
G-3PARAMOUNT ASPIRE02BHK1,174.0 sqft605.0 sqft1
G-4PARAMOUNT ASPIRE02BHK1,133.0 sqft585.0 sqft1
G-5PARAMOUNT ASPIRE03BHK1,450.0 sqft749.0 sqft1
G-6PARAMOUNT ASPIRE03BHK1,381.0 sqft714.0 sqft1

What the numbers tell you

Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.

Unit formatAverage official carpet area is ~1,655 sqft — large-format homes (3BHK-and-up territory), not compact stock. This is a boutique, low-density project — 55 homes across 1 tower. Carpet is the RERA-defined usable area, so compare it against the 'super built-up' a broker quotes (typically 25–35% larger).
ParkingThe project declares 55 parking spaces for 55 homes (~1.0 per home) — about one space per home — adequate but tight if you have two cars.
Your land share (UDS)Undivided land share averages ~745 sqft per home; across all 55 homes that is ~100% of the plot — a healthy sign: buyers collectively hold close to all the land. Low UDS relative to land can mean the builder keeps land value the flat owners think they're buying.

🔒 Unit-by-unit guidance · Unit Guidance report

Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.

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🔒 Full records — land title, amenities paperwork & document catalog · Compliance report

The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.

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Legal, Approvals & Project Team

Litigation & compliance

RERA filing

No litigation declared on this project's K-RERA filing.

1 of 35 compliance document slots are filed as Not Applicable; the remaining 34 slots have usable uploaded filings.

No completion certificate (OC) on file yet — project has not been declared complete.

⚠ Registration validity has lapsed: originally due 15 Jul 2021, extended (Covid Extension) to 15 Apr 2022 — both dates have passed with no OC on file.

Named utility/regulatory approvals

Electricity (BESCOM/ESCOM)✓ On file (BESCOM)
Water & sewage (BWSSB/KWSSB)✓ On file (BWSSB)
Fire NOC✓ On file (Fire Force Department)
Pollution control (KSPCB)✓ On file (KSPCB)
Environmental clearance✓ On file (SEIAA)
Airport Authority height clearance✓ On file (Airport Authority of India)

"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.

Builder track record

RERA filing

Paramount Construction has 7 other K-RERA-registered projects in our records (average reported construction progress 73%). 0 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder. That is a lower delayed rate than the K-RERA average across Bengaluru on the same measure.

Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.

Financials & Construction Progress

Financial disclosures

RERA filing

⚠ No quarterly financial disclosures (collections, escrow withdrawals) on record, despite no completion certificate yet — meaning we can't verify the project's cashflows against its construction progress. Worth asking the builder directly why no quarterly filings are available.

Declared construction cost ÷ registered units averages to ₹30.0 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.

RERA 70% project account is on file: FEDERAL BANK OF INDIA Jayalakshmipuram branch, mysore (IFSC FDRL0001382, a/c …1382). RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.

Location & Connectivity

The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Bellandur–Marathahalli belt5 km
MG Road / city centre6 km
Whitefield IT hub9 km
Outer Ring Road / Manyata9 km
Electronic City14 km
Kempegowda Int'l Airport25 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

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Built by Paramount Construction. View Paramount Construction's full track record →
Paramount Construction has 7 projects registered in Bangalore, 1 completed.

Other projects by this builder in Bangalore

Paramount Boulevard-1
Filing overdue · 99% built · 48% sold
Paramount Boulevard-2
Filing overdue · 55% built · 38% sold
Paramount Oasis
Filing overdue · 88% built · 58% sold
Paramount Rhapsody
Filing overdue · 50% built · 62% sold

Other RERA-registered projects in New Thippasandra

Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.

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Last checked against the RERA register: 16 Jul 2026