Baashyaam Peelamedu County Phase II
Builder / Developer|
16 Delivered • 100% On-Time Record

Baashyaam Peelamedu County Phase II

Coimbatore, Tamil Nadu(Peelamedu)900 Sq.Ft., 1200 Sq.Ft., 1650 Sq.Ft.RERA RegisteredWork Going On
RERA Number
TN/14/Building/0228/2024
✓ Government Registered
Total Units
Not Disclosed on Record
⚠️ Pending Filing
Project Area
1.11 Acres (48,217 sq.ft.)
✓ Land Survey
Possession Date
30-10-2027
⚠️ Check Agreement
Baashyaam Peelamedu County Phase II
Representative Visual • Physical site inspection required
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Official Government Verification Checklist

Verified Government Filings

Objective official evaluation against official Tamil Nadu RERA filings. Not a commercial safety rating or investment endorsement.

RERA RegistrationActive Registration (Tamil Nadu RERA)

Officially registered with government certificate TN/14/Building/0228/2024.

Delivery Schedule73% Work Completed

Declared target possession: 30-10-2027. Physical completion reported at 73%.

70% Escrow AccountDedicated Bank Account on Record (ICICI Bank Ltd.)

Designated 70% project bank account verified with ICICI Bank Ltd..

Regulatory ComplianceZero Revocation Orders

No active stop-work notices, stay orders, or license revocations found on public state registry.

Sanctioned Blueprints6 Verified Filings Indexed

Town planning master layout, CA Form 3 filings, and progress certificates available in government vault.

⚖️ Legal Notice: This checklist reflects official disclosures filed on official state portals. A verified record does not constitute commercial safety or investment advice.

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Local Database Verified (Direct Government Record Mirror)Verified with Tamil Nadu Government

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What you should know

A quick summary of the most important information from available RERA records and documents.

Project Registered

Officially registered on Tamil Nadu RERA portal

Baashyaam Coimbatore Builders & Colonisers

Registered builder on record (DEV-18126)

Check Sale Agreement

Specific date not in public index

On Track
Physical Work73%
Elapsed Time75%

Project Overview

Baashyaam Peelamedu County Phase II is recorded under Tamil Nadu RERA by Baashyaam Coimbatore Builders & Colonisers, situated in Peelamedu, Coimbatore. All figures shown below are extracted from official government filings submitted to the authority.

Property Type900 Sq.Ft., 1200 Sq.Ft., 1650 Sq.Ft.
Total UnitsNot Disclosed on Record (Unverified)
Project Land Area1.11 Acres (48,217 sq.ft.)
Current Work StatusWork Going On (73%)
Possession Target30-10-2027
RERA RegistrationTN/14/Building/0228/2024
Registration Date15-07-2023
Land Title StatusBuilder Owns Land 100% (Freehold)
Designated Escrow BankICICI Bank Ltd.

Location Record

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Resolving Survey Geolocation (Coimbatore)...
Coimbatore, Tamil Nadu
11.0168° N, 76.9558° E
Plot / Survey No. 260, Peelamedu, Coimbatore, Tamil Nadu

Registered Locality: Peelamedu, District: Coimbatore, State: Tamil Nadu.

Builder On-Time Record

BA
Baashyaam Coimbatore Builders & Colonisers
100% On-TimePunctual

Tier-1 Institutional Track Record

Filing Status Trail

State RERA Registration
15-07-2023
On Record
Construction Status
Work Going On (73%)
Reported
Target Completion
30-10-2027
Check Agreement

The Mismatch Alarm: 4 Brochure vs RERA Discrepancies Audited

Truth Checker Active

We audited potential possession drift, net carpet usable area vs 35% loading, unapproved club extras, and 70% escrow ring-fencing for Baashyaam Peelamedu County Phase II.

70% Escrow Ring-Fencing Audit

RERA Act 2016 • Section 4(2)(l)(D)
Ring-Fenced Account

By central government rules, 70% of every rupee paid by buyers must be deposited into this designated separate scheduled bank account. Funds can only be withdrawn to cover land acquisition and actual construction expenditure.

Designated Bank:ICICI Bank Ltd.
Separate RERA Escrow A/C:•••• 5181
Branch IFSC Code:ICIC••••
Mandatory 3-Tier Withdrawal Certifications
1. ArchitectForm 1 Progress
2. EngineerForm 2 Structure
3. CA AuditForm 3 Expense
Buyer Protection Rule: Never issue booking cheques or transfer payments to a builder’s personal, general corporate, or third-party marketing account. All payments must name this designated separate RERA escrow account.

Cost vs Construction Progress Ratio

Capital Diversion & Overdraw Risk Audit
Certified Metrics

Cross-checks certified construction expenditure against Site Engineer structural completion. Protects buyers against developers drawing excessive project cash before erecting superstructure.

Physical Site Progress:73% Completed
Land Cost₹7.03 Cr25% of outlay
Building Cost₹21.26 Cr75% of outlay
Total Outlay₹28.29 CrForm 3 CA Total
Financial Divergence Risk:Low / In-Sync

Expenditure certifications on Form 3 are proportional to physical superstructure milestones recorded by the site engineer.

Source: Chartered Accountant Form 3 & Engineer Form 2

Carpet Area Transparency & Loading Check

RERA Section 2(k) Usable Area Mandate
Section 4 Protected

Before RERA, builders inflated property prices with "Super Built-up" jargon, adding 30–40% phantom area for common staircases and lobbies. RERA mandates pricing strictly on Net Usable Carpet Area.

RERA Carpet Area (Net Usable)Internal usable space between inner walls (what you physically live in)
100% Legal Basis
Exclusive Balcony / VerandahAttached private open space, separately measured and stated
Disclosed Separately
Estimated Loading FactorRatio of common amenity area added by marketing brochures
~26%–30% (Typical)
Agreement Clause Check: Ensure your Agreement for Sale (AFS) specifies the exact square footage and square meters of RERA Carpet Area. If the actual carpet shrinks by >3% on handover, the builder must refund the difference with interest.

Government Due-Diligence Checklist

6 Critical Checks Before You Commit
6/6 Evaluated

Every high-stakes property transaction requires confirming these 6 essential milestones before paying beyond the 10% token.

1. 30-Year Title Search & Freehold Ownership
Builder Owns Land 100% (Freehold)
Verified
2. Land Loan & Clean Title Certificate (EC)
Official search verifies zero private mortgages or hidden loans
Verified
3. Sanctioned Master Layout Plan
Approved by Municipal / Urban Planning Authority
Verified
4. Commencement Certificate (CC)
Authorizes physical breaking of ground & tower structure
Verified
5. Fire NOC & Environmental Clearance
Mandatory high-rise life safety clearance (SEIAA)
Verified
6. CA Form 3 Escrow Audit & Quarterly QPR
Filed on Tamil Nadu RERA official portal
Verified
Cross-checked against state registry filings