Compliance Disclosures
Official regulatory disclosures, RERA Karnataka registration certificates, BMRDA layout approvals, and legal title compliance data for Nalanda Neo Developers projects across Bangalore & Karnataka.
1. Commitment to RERA Karnataka Governance
Nalanda Neo Developers (operating under Sunquest Developers) strictly adheres to the mandates of the Real Estate (Regulation and Development) Act, 2016 (RERA) and the Karnataka Real Estate (Regulation and Development) Rules, 2017.
We ensure 100% statutory transparency in project registration, layout approvals, land title declarations, escrow account management, and customer possession commitments. Every residential plot and villa layout launched by Nalanda Neo carries valid planning sanctions and registered RERA numbers.
2. Project RERA Registration & Layout Sanction Matrix
Verify current regulatory approvals and RERA Karnataka registration details across active Nalanda Neo land developments:
| Project Name | Location Corridor | Planning Authority | RERA Registration No. | Compliance Status |
|---|---|---|---|---|
| Nelamangala Plotted Estate | Nelamangala West Corridor | BMRDA / Local Planning Authority | PRM/KA/RERA/1251/309/PR/2024/006123 | RERA Approved |
| Doddaballapura Farmland Estate | Doddaballapura Belt | Bengaluru Rural Revenue Sanction | PRM/KA/RERA/1251/309/PR/2024/007452 | Sanctioned |
| Chikkamangalur Hill Retreat | Chikmagalur Coffee Belt | Hill Area Planning Sanction | PRM/KA/RERA/1251/309/PR/2025/008104 | RERA Registered |
| Misty Malenadu Luxury Villas | Chikmagalur Hills | Eco Housing Planning Board | PRM/KA/RERA/1251/309/PR/2025/008912 | Active Build |
| Sun Sanctuary Wellness Farms | Doddaballapur Corridor | Agro Farmland Sanction | Statutory Farmland Clearance | Clear Title |
3. 70% Escrow Account & Quarterly Progress Disclosures
In full accordance with Section 4(2)(l)(D) of the RERA Act:
- Dedicated Escrow Accounts: 70% of all funds collected from plot buyers for each specific layout are deposited into a dedicated scheduled bank escrow account, utilized exclusively for infrastructure execution and land development expenses.
- Quarterly RERA Filings: Nalanda Neo Developers submits mandatory quarterly status updates to the Karnataka RERA portal, including construction photos, road paving progress, subterranean drainage installation, and plot booking counts.
4. Consumer Protection & Standard Sale Agreements
All property agreements executed by Nalanda Neo Developers conform strictly to the standard format prescribed under the Karnataka Real Estate (Regulation and Development) Rules:
- Transparent Dimensions: Plot dimensions, carpet areas, and common open green space percentages are clearly demarcated in square feet and square meters without ambiguous terms.
- Zero Hidden Costs: Price schedules include explicit breakdowns of plot costs, statutory stamp duties, registration fees, and electricity/water connection deposits.
- Possession Timelines: Handover dates are legally backed with RERA interest clause guarantees in case of unexcused delay.
5. 30-Year Encumbrance Certificates & Title Copies
Nalanda Neo Developers maintains an open-door policy for legal verification. Prospective plot and villa buyers are entitled to inspect the following legal documents at our corporate office:
- 30-Year Encumbrance Certificates (EC) issued by the Sub-Registrar’s office.
- Official Non-Agricultural (NA) Land Conversion Orders issued by the Deputy Commissioner (DC).
- Master Layout Plan approvals and NOCs from Pollution Control, Water Supply, and Electricity Boards.
- Legal Title Search Opinions prepared by independent legal advocates.
6. RERA Karnataka Portal & Grievance Redressal Desk
Buyers can independently verify our project registration certificates on the official Karnataka RERA portal: https://rera.karnataka.gov.in/.
Nalanda Neo Developers — RERA Statutory Officer Desk
Sunquest Developers Corporate Head Office, Bangalore, Karnataka
RERA Desk Email: rera@sunquestdevelopers.com
Customer Helpline: +91 93802 22322