Ira Elevate
IRA GREAT LIVING LLP · Rangareddy · RERA P02400004595
IRA ELEVATE is a residential project in Mamidipally, Balapur Mandal, Ranga Reddy District, developed by registered promoter IRA GREAT LIVING LLP. The site covers 75,755.86 sq.mts.; the RERA filing lists 101 total building units, including 100 4BHK homes and a clubhouse/common-area row. Residential buildings are approved as Ground + 2 Upper Floors, and the clubhouse as Ground + 2 upper floors. The project is registered under TG-RERA number P02400004595, with proposed completion stated as 12/05/2028.
01What we found
Read from TG-RERA filings, approvals, land and registration records and court records. A court case is counted only when the court record states this project's survey number with its village, or names the project.
02Check before you pay
10 items to check before you pay, 3 high - from the title chain, court records and approvals, each with what to ask the builder or your advocate. An item may not be a problem with the project: records can be incomplete.
1. Project at a glance
Project identity
| Item | Project record |
|---|---|
| Registered name | IRA ELEVATE RERA record |
| Project type | Residential project; the filed approval documents describe a gated-community/group-development layout with residential buildings and a clubhouse. RERA record |
| Phase / registered portion | No phase name or phase number is disclosed. The registered land is identified by the survey numbers listed below. RERA record |
| TG-RERA registration | P02400004595 RERA record |
| Registration validity | 13/06/2022–12/01/2028, as stated in the registration certificate. This is registration validity, not the stated construction-completion deadline. RERA record |
| Registered promoter | IRA GREAT LIVING LLP RERA record Corporate record |
| RERA status | The supplied record identifies the project as “New Project.” The registration certificate records registration under section 5; the supplied certificate says it has not been extended. RERA record |
Land and geographic identity
| Item | Project record |
|---|---|
| Locality / revenue village | Mamidipally (also styled Mamidipalle in some filed records); the RERA record gives Mamidipally. RERA record |
| Mandal | Balapur RERA record |
| District | Ranga Reddy RERA record |
| PIN | 500016 RERA record |
| Survey numbers and subdivisions | 22/A/3, 23/A/3, 24/AA/3, 26/A/1, 26/AA/1, 28/A/4, 28/AA/4, 35/U1/1, 36/A/1, 36/E/1, 36/EE/1, 37/A/1, 37/EE/1, 40/A/1, 40/E/1, 40/AA/1, 42/U1, 42/AA/1 & 42/EE2/1. RERA record Land records |
| Site extent | RERA land record: 75,755.86 sq.mts. The filed layout approval also states 75,755.86 Sq. mts. Land records |
| Boundaries | North: ROAD WIDTH; South, East and West: OTHER LAND. Land records |
| Net / total area | RERA land record gives total and net area as 75,755.86 sq.mts. Land records |
Development identity
| Item | Project record |
|---|---|
| Sanctioning authority | HMDA technical/layout approval, with the draft layout letter issued by Badangpet Municipal Corporation under delegated authority. Approvals record |
| Principal layout approval | 13/LO/Plg/HMDA/2022, approved 28-04-2022; the Badangpet Municipal Corporation draft layout letter records G1/01/2022-23, dated 25.05.2022. Approvals record |
| Approved built-up area | Draft layout letter records residential buildings of 58,317.80 Sq.mts. and clubhouse amenities of 1,953.96 Sq.mts.; combined figure recorded in the letter is 60,271.76 Sq.mts. |
| Building / block count | The RERA filing lists 101 total building units; the unit table identifies 100 homes and one clubhouse/common-area row. The approval describes residential buildings and a separate clubhouse but does not provide a count of residential buildings in the supplied extraction. RERA record RERA unit table |
| Sanctioned floors and heights | Residential buildings: Ground + 2 Upper Floors, height 10.8 mts. Clubhouse: Ground + 2 upper floors, height 13.25 mts. |
| Parking levels / sanctioned parking count | Parking levels and a sanctioned parking-space count are not disclosed in the supplied extracted records. |
| Approved versus RERA-filed count | Approval letter: 100 plots for housing; RERA unit record: 100 4BHK homes and one clubhouse/common-area row; RERA land fields state 101 total building units. RERA record RERA unit table |
Offering and status
| Item | Project record |
|---|---|
| RERA-filed configuration | 4BHK, 100 units; filed saleable area 568.15 sq.m. per unit. RERA unit table RERA unit details |
| Booked / available | Portal-derived counts show 0 booked / 100 available for the 4BHK configuration. The portal record has no stated as-of date, so counts are indicative. RERA unit table RERA unit details |
| Construction stage | RERA record labels the project “New Project”; no independently verified construction progress or site inspection status is supplied. RERA record Document index |
| Completion dates | Promoter Form B declares completion by 12/01/2028; the draft layout letter states completion before 24 May 2028. These are recorded completion commitments, not registration validity dates. |
| Occupancy / completion certificate | No occupancy certificate or completion certificate is included in the supplied documents. No tower-wise or phase-wise OC status is provided. Document index |
2. The project story
IRA ELEVATE is registered as a residential project on land at Mamidipally, Balapur Mandal, Ranga Reddy District. Its filed planning record describes a gated-community housing development organized as 100 residential plots with residential construction and a separate clubhouse. The layout approval lists internal roads, open-space/park land and utility land as components of the scheme. RERA record
The RERA unit record lists 100 4BHK homes and a clubhouse/common-area row. The RERA filing reports all 100 homes as available and none booked, but the portal-derived count is undated and should be treated as indicative. The supplied evidence does not establish construction progress by building or plot, independently verified completion, or occupancy certification. RERA unit table RERA unit details Document index
3. Master plan, architecture & building design
The filed draft layout identifies a site extent of 75,755.86 Sq. mts. and allocates land to housing plots, roads, open space, clubhouse amenities and utility space. The approval’s land-use schedule lists 41,805.913 Sq.mts. for housing plots, 18,521.47 Sq.mts. for roads, 12,620.87 Sq. mts. for open space, 1,962.87 Sq.mts. for clubhouse amenities and 844.73 Sq. mts. for utility space.
The approved residential configuration is Ground + 2 Upper Floors, with stated height 10.8 mts. The clubhouse is also Ground + 2 upper floors, with stated height 13.25 mts. Approved built-up areas are listed as 58,317.80 Sq.mts. for residential buildings and 1,953.96 Sq.mts. for clubhouse amenities, with 60,271.76 Sq.mts. recorded as total built-up area including amenities. These are approval-document figures, not saleable or carpet areas.
The supplied floor-plan package contains 18 drawings, but all 18 are recorded as scans pending measurement; no drawing-based room dimensions, carpet-area measurements, building footprints, flats-per-floor arrangements, lift or stair details, or circulation measurements are available in the supplied data. Floor plans
4. Homes, configurations & floor plans
| Configuration | Units | Booked | Available | RERA saleable area | Measured carpet area | Loading (if supplied) |
|---|---|---|---|---|---|---|
| 4BHK | 100 | 0 | 100 | 568.15 sq.m. | Not measured from drawings | Not supplied |
The RERA filing identifies the 4BHK configuration and its saleable area. Saleable area is the filed area figure; it is not a drawing-measured carpet area. The supplied floor-plan drawings have not been measured, so no carpet-area or room-layout measurements can be reported. RERA unit table RERA unit details Floor plans
The unit table also contains one CLUB HOUSE row with a filed saleable area of 538.2 sq.m. It is identified as a common-area/amenity row, not a home for sale. RERA unit table RERA unit table
5. Parking & vehicle circulation
The supplied extracted records do not establish the number or type of parking spaces, parking levels, resident or visitor allocation, accessible spaces, ramps, vehicle entry/exit arrangement, EV charging, or unit-specific parking allotments. The layout approval requires the approved internal circulation and parking arrangement to be maintained, but the extracted information does not provide parking counts or a detailed parking schedule.
6. Amenities, recreation & open spaces
The following facilities appear in the project’s RERA amenity record or the filed planning approval. A recorded availability entry is not evidence that a facility is complete; the RERA amenity progress fields supplied here show 0 where a percentage is recorded. RERA amenities
| Description / size | Approved clubhouse, Ground + 2 upper floors; 1,953.96 Sq.mts. approved built-up area. |
|---|---|
| Evidence source | Sanctioned layout / RERA unit record |
| Declared progress / verified status | No completion evidence supplied; progress not established. |
| Description / size | Tot-lot and children’s play area are referenced in the approval/amenity records; no size supplied. RERA amenities |
|---|---|
| Evidence source | Sanctioned condition and RERA amenity record |
| Declared progress / verified status | Not independently verified complete; RERA progress recorded as 0. |
| Description / size | 12,620.87 Sq. mts. open-space area in the draft layout schedule. |
|---|---|
| Evidence source | Sanctioned layout |
| Declared progress / verified status | No completion evidence supplied; RERA progress recorded as 0. |
| Description / size | Listed in the RERA amenity record; no separate size or count supplied. RERA amenities |
|---|---|
| Evidence source | RERA amenity record |
| Declared progress / verified status | Progress recorded as 0; completion not verified. |
| Description / size | Listed in the RERA amenity record; approval schedule states 18,521.47 Sq.mts. roads area. RERA amenities |
|---|---|
| Evidence source | RERA amenity record and sanctioned layout |
| Declared progress / verified status | Progress recorded as 0; completion not verified. |
| Description / size | Listed in the RERA amenity record; approval conditions refer to greenery and open-space development. RERA amenities |
|---|---|
| Evidence source | RERA amenity record and sanctioned condition |
| Declared progress / verified status | Progress recorded as 0; completion not verified. |
| Description / size | Promoter-marketed facilities listed in vendor material; no sizes or capacities supplied. Promoter website |
|---|---|
| Evidence source | Promoter/vendor material, not established by the supplied sanction extracts |
| Declared progress / verified status | Delivery and approval status not established in the supplied evidence. |
7. Utilities, building services & safety
The layout approval lists a common septic tank/STP, internal water-supply pipelines and overhead tank, transformer, rainwater-harvesting pits, storm-water drains, underground drainage, electrical supply lines and street lighting as development works or conditions. These are approval-record provisions; the supplied material does not verify installation, operating status or capacity.
The RERA amenity record lists water supply, sewerage, storm-water drains, rainwater harvesting, energy management, fire protection and fire-safety requirements, solid-waste management and disposal, and electrical meter/sub-station/receiving-station facilities. Progress fields are recorded as 0 where supplied, and no independent completion evidence or service capacities are provided. RERA amenities
Vendor material additionally describes a centralized underground sump, hydro-pneumatic water supply, water-softening plant, sewage-treatment plant with treated water for landscaping, 100% DG backup, intercom and CCTV in identified common areas. These are promoter/vendor descriptions; the supplied evidence does not independently verify them or provide capacities. Promoter website
8. Location, access & connectivity
The registered location is Mamidipally, Balapur Mandal, Ranga Reddy District, PIN 500016. The RERA record gives the north boundary as ROAD WIDTH and the other three boundaries as OTHER LAND. RERA record Land records
The supplied location record gives a software-geocoded cadastral parcel centroid of 17.09018, 78.43012 and an approximate sampled distance of 15.5 km to the nearest sampled Outer Ring Road interchange. This is a location-data measurement, not a stated travel time. Location record
9. Developer & development status
The registered legal promoter is IRA GREAT LIVING LLP, an LLP; the supplied corporate record lists GSTIN 36AAIFI7619H1Z4. The RERA certificate gives the promoter office as Village: Mandal: Gandipet, District: Ranga Reddy, Pin: 500032. A separate project-address record identifies Vattinagulapally, Balapur, Mamidipally, Ranga Reddy, PIN 500016. Corporate record Parties record
The project record states proposed completion as 12/05/2028; Form B declares 12/01/2028, and the layout letter states completion before 24 May 2028. These are recorded dates, not evidence of construction progress. No phase-wise progress, verified site inspection or occupancy status is supplied. RERA record
10. Approvals, official records & documents
| Identifier / date | P02400004595, issued 13/06/2022 |
|---|---|
| What the supplied record establishes | Registration certificate records the project and its stated validity through 12/01/2028. |
| Identifier / date | 21221/LO/Plg/SHZ/HMDA/2021, dated 12-01-2022 |
|---|---|
| What the supplied record establishes | Proposal examined subject to charges and conditions; the letter states further action is required before release of the draft layout and building plans. |
| Identifier / date | 13/LO/Plg/HMDA/2022, dated 28-04-2022 |
|---|---|
| What the supplied record establishes | Filed approval record for the gated-community layout and housing, with conditions and infrastructure requirements. |
| Identifier / date | G1/01/2022-23, dated 25.05.2022; file G1/LP/1519/TPS/2022 |
|---|---|
| What the supplied record establishes | Draft layout letter describes 100 housing plots, residential buildings and clubhouse parameters, with conditions including commencement, completion and occupancy-certificate requirements. |
| Identifier / date | Form B filed by authorized signatory Ashish Kumar Ahuja |
|---|---|
| What the supplied record establishes | Promoter declaration includes title, encumbrance, completion and separate-account statements. |
| Identifier / date | Not present in supplied documents |
|---|---|
| What the supplied record establishes | The supplied record does not establish that an occupancy or completion certificate has been issued. Document index |
1. Project at a glance
Project identity
Registered name: IRA ELEVATE
Project type: Residential project; the filed approval documents describe a gated-community/group-development layout with residential buildings and a clubhouse.
Phase / registered portion: No phase name or phase number is disclosed. The registered land is identified by the survey numbers listed below.
TG-RERA registration: P02400004595
Registration validity: 13/06/2022–12/01/2028, as stated in the registration certificate. This is registration validity, not the stated construction-completion deadline.
Registered promoter: IRA GREAT LIVING LLP
RERA status: The supplied record identifies the project as “New Project.” The registration certificate records registration under section 5; the supplied certificate says it has not been extended.
Land and geographic identity
Locality / revenue village: Mamidipally (also styled Mamidipalle in some filed records); the RERA record gives Mamidipally.
Mandal: Balapur
District: Ranga Reddy
PIN: 500016
Survey numbers and subdivisions: 22/A/3, 23/A/3, 24/AA/3, 26/A/1, 26/AA/1, 28/A/4, 28/AA/4, 35/U1/1, 36/A/1, 36/E/1, 36/EE/1, 37/A/1, 37/EE/1, 40/A/1, 40/E/1, 40/AA/1, 42/U1, 42/AA/1 & 42/EE2/1.
Site extent: RERA land record: 75,755.86 sq.mts. The filed layout approval also states 75,755.86 Sq. mts.
Boundaries: North: ROAD WIDTH; South, East and West: OTHER LAND.
Net / total area: RERA land record gives total and net area as 75,755.86 sq.mts.
Development identity
Sanctioning authority: HMDA technical/layout approval, with the draft layout letter issued by Badangpet Municipal Corporation under delegated authority.
Principal layout approval: 13/LO/Plg/HMDA/2022, approved 28-04-2022; the Badangpet Municipal Corporation draft layout letter records G1/01/2022-23, dated 25.05.2022.
Approved built-up area: Draft layout letter records residential buildings of 58,317.80 Sq.mts. and clubhouse amenities of 1,953.96 Sq.mts.; combined figure recorded in the letter is 60,271.76 Sq.mts.
Building / block count: The RERA filing lists 101 total building units; the unit table identifies 100 homes and one clubhouse/common-area row. The approval describes residential buildings and a separate clubhouse but does not provide a count of residential buildings in the supplied extraction.
Sanctioned floors and heights: Residential buildings: Ground + 2 Upper Floors, height 10.8 mts. Clubhouse: Ground + 2 upper floors, height 13.25 mts.
Parking levels / sanctioned parking count: Parking levels and a sanctioned parking-space count are not disclosed in the supplied extracted records.
Approved versus RERA-filed count: Approval letter: 100 plots for housing; RERA unit record: 100 4BHK homes and one clubhouse/common-area row; RERA land fields state 101 total building units.
Offering and status
RERA-filed configuration: 4BHK, 100 units; filed saleable area 568.15 sq.m. per unit.
Booked / available: Portal-derived counts show 0 booked / 100 available for the 4BHK configuration. The portal record has no stated as-of date, so counts are indicative.
Construction stage: RERA record labels the project “New Project”; no independently verified construction progress or site inspection status is supplied.
Completion dates: Promoter Form B declares completion by 12/01/2028; the draft layout letter states completion before 24 May 2028. These are recorded completion commitments, not registration validity dates.
Occupancy / completion certificate: No occupancy certificate or completion certificate is included in the supplied documents. No tower-wise or phase-wise OC status is provided.
2. The project story
IRA ELEVATE is registered as a residential project on land at Mamidipally, Balapur Mandal, Ranga Reddy District. Its filed planning record describes a gated-community housing development organized as 100 residential plots with residential construction and a separate clubhouse. The layout approval lists internal roads, open-space/park land and utility land as components of the scheme.
The RERA unit record lists 100 4BHK homes and a clubhouse/common-area row. The RERA filing reports all 100 homes as available and none booked, but the portal-derived count is undated and should be treated as indicative. The supplied evidence does not establish construction progress by building or plot, independently verified completion, or occupancy certification.
3. Master plan, architecture & building design
The filed draft layout identifies a site extent of 75,755.86 Sq. mts. and allocates land to housing plots, roads, open space, clubhouse amenities and utility space. The approval’s land-use schedule lists 41,805.913 Sq.mts. for housing plots, 18,521.47 Sq.mts. for roads, 12,620.87 Sq. mts. for open space, 1,962.87 Sq.mts. for clubhouse amenities and 844.73 Sq. mts. for utility space.
The approved residential configuration is Ground + 2 Upper Floors, with stated height 10.8 mts. The clubhouse is also Ground + 2 upper floors, with stated height 13.25 mts. Approved built-up areas are listed as 58,317.80 Sq.mts. for residential buildings and 1,953.96 Sq.mts. for clubhouse amenities, with 60,271.76 Sq.mts. recorded as total built-up area including amenities. These are approval-document figures, not saleable or carpet areas.
The supplied floor-plan package contains 18 drawings, but all 18 are recorded as scans pending measurement; no drawing-based room dimensions, carpet-area measurements, building footprints, flats-per-floor arrangements, lift or stair details, or circulation measurements are available in the supplied data.
4. Homes, configurations & floor plans
| Configuration | Units | Booked | Available | RERA saleable area | Measured carpet area | Loading (if supplied) |
|---|---|---|---|---|---|---|
| 4BHK | 100 | 0 | 100 | 568.15 sq.m. | Not measured from drawings | Not supplied |
The RERA filing identifies the 4BHK configuration and its saleable area. Saleable area is the filed area figure; it is not a drawing-measured carpet area. The supplied floor-plan drawings have not been measured, so no carpet-area or room-layout measurements can be reported.
The unit table also contains one CLUB HOUSE row with a filed saleable area of 538.2 sq.m. It is identified as a common-area/amenity row, not a home for sale.
5. Parking & vehicle circulation
The supplied extracted records do not establish the number or type of parking spaces, parking levels, resident or visitor allocation, accessible spaces, ramps, vehicle entry/exit arrangement, EV charging, or unit-specific parking allotments. The layout approval requires the approved internal circulation and parking arrangement to be maintained, but the extracted information does not provide parking counts or a detailed parking schedule.
6. Amenities, recreation & open spaces
The following facilities appear in the project’s RERA amenity record or the filed planning approval. A recorded availability entry is not evidence that a facility is complete; the RERA amenity progress fields supplied here show 0 where a percentage is recorded.
| Description / size | Approved clubhouse, Ground + 2 upper floors; 1,953.96 Sq.mts. approved built-up area. |
|---|---|
| Evidence source | Sanctioned layout / RERA unit record |
| Declared progress / verified status | No completion evidence supplied; progress not established. |
| Description / size | Tot-lot and children’s play area are referenced in the approval/amenity records; no size supplied. |
|---|---|
| Evidence source | Sanctioned condition and RERA amenity record |
| Declared progress / verified status | Not independently verified complete; RERA progress recorded as 0. |
| Description / size | 12,620.87 Sq. mts. open-space area in the draft layout schedule. |
|---|---|
| Evidence source | Sanctioned layout |
| Declared progress / verified status | No completion evidence supplied; RERA progress recorded as 0. |
| Description / size | Listed in the RERA amenity record; no separate size or count supplied. |
|---|---|
| Evidence source | RERA amenity record |
| Declared progress / verified status | Progress recorded as 0; completion not verified. |
| Description / size | Listed in the RERA amenity record; approval schedule states 18,521.47 Sq.mts. roads area. |
|---|---|
| Evidence source | RERA amenity record and sanctioned layout |
| Declared progress / verified status | Progress recorded as 0; completion not verified. |
| Description / size | Listed in the RERA amenity record; approval conditions refer to greenery and open-space development. |
|---|---|
| Evidence source | RERA amenity record and sanctioned condition |
| Declared progress / verified status | Progress recorded as 0; completion not verified. |
| Description / size | Promoter-marketed facilities listed in vendor material; no sizes or capacities supplied. |
|---|---|
| Evidence source | Promoter/vendor material, not established by the supplied sanction extracts |
| Declared progress / verified status | Delivery and approval status not established in the supplied evidence. |
7. Utilities, building services & safety
The layout approval lists a common septic tank/STP, internal water-supply pipelines and overhead tank, transformer, rainwater-harvesting pits, storm-water drains, underground drainage, electrical supply lines and street lighting as development works or conditions. These are approval-record provisions; the supplied material does not verify installation, operating status or capacity.
The RERA amenity record lists water supply, sewerage, storm-water drains, rainwater harvesting, energy management, fire protection and fire-safety requirements, solid-waste management and disposal, and electrical meter/sub-station/receiving-station facilities. Progress fields are recorded as 0 where supplied, and no independent completion evidence or service capacities are provided.
Vendor material additionally describes a centralized underground sump, hydro-pneumatic water supply, water-softening plant, sewage-treatment plant with treated water for landscaping, 100% DG backup, intercom and CCTV in identified common areas. These are promoter/vendor descriptions; the supplied evidence does not independently verify them or provide capacities.
8. Location, access & connectivity
The registered location is Mamidipally, Balapur Mandal, Ranga Reddy District, PIN 500016. The RERA record gives the north boundary as ROAD WIDTH and the other three boundaries as OTHER LAND.
The supplied location record gives a software-geocoded cadastral parcel centroid of 17.09018, 78.43012 and an approximate sampled distance of 15.5 km to the nearest sampled Outer Ring Road interchange. This is a location-data measurement, not a stated travel time.
9. Developer & development status
The registered legal promoter is IRA GREAT LIVING LLP, an LLP; the supplied corporate record lists GSTIN 36AAIFI7619H1Z4. The RERA certificate gives the promoter office as Village: Mandal: Gandipet, District: Ranga Reddy, Pin: 500032. A separate project-address record identifies Vattinagulapally, Balapur, Mamidipally, Ranga Reddy, PIN 500016.
The project record states proposed completion as 12/05/2028; Form B declares 12/01/2028, and the layout letter states completion before 24 May 2028. These are recorded dates, not evidence of construction progress. No phase-wise progress, verified site inspection or occupancy status is supplied.
10. Approvals, official records & documents
| Identifier / date | P02400004595, issued 13/06/2022 |
|---|---|
| What the supplied record establishes | Registration certificate records the project and its stated validity through 12/01/2028. |
| Identifier / date | 21221/LO/Plg/SHZ/HMDA/2021, dated 12-01-2022 |
|---|---|
| What the supplied record establishes | Proposal examined subject to charges and conditions; the letter states further action is required before release of the draft layout and building plans. |
| Identifier / date | 13/LO/Plg/HMDA/2022, dated 28-04-2022 |
|---|---|
| What the supplied record establishes | Filed approval record for the gated-community layout and housing, with conditions and infrastructure requirements. |
| Identifier / date | G1/01/2022-23, dated 25.05.2022; file G1/LP/1519/TPS/2022 |
|---|---|
| What the supplied record establishes | Draft layout letter describes 100 housing plots, residential buildings and clubhouse parameters, with conditions including commencement, completion and occupancy-certificate requirements. |
| Identifier / date | Form B filed by authorized signatory Ashish Kumar Ahuja |
|---|---|
| What the supplied record establishes | Promoter declaration includes title, encumbrance, completion and separate-account statements. |
| Identifier / date | Not present in supplied documents |
|---|---|
| What the supplied record establishes | The supplied record does not establish that an occupancy or completion certificate has been issued. |
Frequently asked questions
Is IRA ELEVATE registered with Telangana RERA?
Yes. IRA ELEVATE is registered with the Telangana Real Estate Regulatory Authority as P02400004595; the registration status is New Project.
Who is the developer of IRA ELEVATE?
The promoter named in the RERA registration is IRA GREAT LIVING LLP.
Where is IRA ELEVATE located?
IRA ELEVATE is in MAMIDIPALLY, Balapur, Rangareddy, Telangana (500016).
When will IRA ELEVATE be completed?
The promoter's proposed date of completion filed with RERA is 12/05/2028. This is the promoter's declaration, not a guarantee.
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