Pragna Praveshika
PRAGNA PANORAMA · Yadadri Bhuvanagiri · RERA P02000007690
PRAGNA PRAVESHIKA is a plotted development in ALAIR, Alair Mandal, Yadadri Bhuvanagiri District. The registered promoter is PRAGNA PANORAMA. The site extent is 81,115.20 sq. m, and the tentative layout approval records 283 residential plots across 20 Acer 1.77 Gts / 97,016 Sq. Yds; plot configurations are not stated. The TG-RERA registration is P02000007690, and the project record gives proposed completion as 21/03/2027.
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
6 items to check before you pay, 4 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 | Record |
|---|---|
| Registered project name | PRAGNA PRAVESHIKA RERA record |
| Project type / phase | Plotted development; registered portion or phase details are not separately disclosed. RERA record RERA filing |
| TG-RERA registration | P02000007690; recorded as valid from 2024-02-06 to 2026-11-21. The certificate describes the period as commencing 06/02/2024 and ending 21/11/2026. RERA record Approvals record |
| RERA status | New Project; registration certificate on file. RERA record |
| Registered promoter | PRAGNA PANORAMA; RERA records the entity type as Partnership. RERA record Corporate record |
Land and geographic identity
| Item | Record |
|---|---|
| Locality | ALAIR RERA record RERA filing |
| Revenue village | ALER in the RERA project record; the layout approval describes Alair Revenue Village. RERA record |
| Mandal / district / PIN | Alair / Yadadri Bhuvanagiri / 508101 RERA record |
| Project survey numbers and subdivisions | 291/PART, 292/PART and 293/PART RERA record Land records |
| Registered site extent | 81,115.20 sq. m (RERA land details: total area and net area both 81,115.20 sq. m; affected area reported as 0). RERA filing Land records |
| Boundaries recorded | North: OTHER LAND; South: OTHER LAND; East: OTHER LAND; West: OTHER LAND. RERA filing |
Development identity
| Item | Record |
|---|---|
| Sanctioning authority | ALAIR Municipality/Municipal Corporation Approvals record |
| Principal approval | Tentative layout plan approval 0005/LO/3102/2024; the filed record gives 22/11/2023 as the approved date. Approvals record RERA filing |
| Approved built-up area | RERA record: 42,249.31 sq. m. The plotted-layout material supplied does not specify building counts or a floor configuration. RERA filing |
| Layout scale and composition | The tentative layout approval records 283 residential plots across 20 Acer 1.77 Gts / 97,016 Sq. Yds, with 10 Acer 17.61 Gts / 50,531 Sq. Yds identified as plotted area. |
| Roads, open space and utilities in the approved layout | Roads: 6 Acer 16.11 Gts / 30,990 Sq. Yds (31.94%); open space: 1 Acer 32.19 Gts / 8,735 Sq. Yds (9%); utilities: 0 Acer 8.06 Gts / 975 Sq. Yds (1%). |
| Social infrastructure | 0 Acer 30.98 Gts / 3,749 Sq. Yds (3.86%) reserved for social infrastructure in the tentative layout. |
| Mortgage provision | RERA records a mortgage area of 6,468.87 sq. m. The tentative layout approval separately lists mortgage plots as 0 Acer 63.94 Gts / 7,737 Sq. Yds, comprising specified plots in favour of the Municipality. RERA filing |
| Building / parking levels | Not applicable to the filed plotted-layout description; building-level floors, parking levels and sanctioned building counts are not disclosed. RERA record |
Offering and status
| Item | Record |
|---|---|
| Offering | Residential plots; the RERA record identifies a plotted development. RERA filing |
| Plot count | 283 in the tentative layout approval. A project-wide RERA unit inventory or booked/available plot count is not supplied here. |
| RERA-filed plot size | Not disclosed in the supplied RERA unit data. |
| Marketing-listed plot size | Vendor record lists a plot as saleable 900 sq ft; this is a third-party listing, not a RERA-filed area. Promoter website |
| Construction / development stage | RERA classifies the project as a New Project. No independently verified site-progress evidence is supplied. The RERA amenity entries show 0% progress where reported. RERA record RERA amenities |
| Completion dates | The project record gives proposed completion 21/03/2027; the Form-B promoter declaration states completion within a period ending 21/11/2026. RERA record |
| Registration validity | 21/11/2026 is the stated registration end date; this is distinct from the project completion date. RERA record |
| Occupancy / completion certificate | No occupancy or completion certificate is supplied. Document index |
2. The project story
PRAGNA PRAVESHIKA is recorded with TG-RERA as a residential plotted development at ALAIR, in Alair Mandal, Yadadri Bhuvanagiri District. Its registered land identity is survey numbers 291/PART, 292/PART and 293/PART, at the village recorded as ALER in the RERA certificate. RERA record Land records
The tentative layout plan on file describes 283 residential plots and allocates areas to plots, roads, open space, utilities and social infrastructure. It also records a set of plots mortgaged in favour of the Municipality as part of the layout conditions. The Municipality’s earlier fee-intimation letter concerns the layout application and expressly says that it is not approval of the proposal or permission for development; the later tentative layout approval is the approval document supplied for this project.
The supplied material does not establish construction progress through independent site verification. RERA amenity entries report 0% progress for the listed facilities, while the registration record and promoter declaration provide different completion dates as separately stated above. No occupancy or completion certificate is in the supplied documents. RERA amenities RERA record
3. Master plan, architecture & building design
This is a plotted layout rather than a multi-storey residential building scheme in the supplied project record. The tentative layout approval records 20 Acer 1.77 Gts / 97,016 Sq. Yds in total and identifies the following land-use components:
| Layout component | Area and share recorded |
|---|---|
| Plotted area | 10 Acer 17.61 Gts / 50,531 Sq. Yds (52.09%) |
| Road area | 6 Acer 16.11 Gts / 30,990 Sq. Yds (31.94%) |
| Open space / park | 1 Acer 32.19 Gts / 8,735 Sq. Yds (9%) |
| Social infrastructure | 0 Acer 30.98 Gts / 3,749 Sq. Yds (3.86%) |
| Utilities | 0 Acer 8.06 Gts / 975 Sq. Yds (1%) |
The RERA land record states a site area of 81,115.20 sq. m and the RERA form lists approved built-up area of 42,249.31 sq. m; the supplied drawings do not explain that built-up-area figure in relation to the plotted layout, so it is reported as filed rather than interpreted. RERA filing RERA filing
The tentative layout conditions describe internal road formation, storm-water drains, underground drainage lines, internal water-supply pipelines, an overhead tank, a water-supply source, electrical lines and street lights, avenue planting, park development and rainwater-harvesting pits. No plot-by-plot plan dimensions or plot-size schedule is available in the supplied drawing extraction.
4. Homes, configurations & floor plans
The project is offered as residential plots, not apartments. The supplied RERA data does not include normalized unit counts, booked/available inventory or RERA-filed plot-size bands. The tentative layout approval records 283 plots but does not provide a plot-size schedule in the supplied extraction.
| Configuration | Units | Booked | Available | RERA saleable area | Measured carpet area | Loading (if supplied) |
|---|---|---|---|---|---|---|
| Residential plots | 283 plots in the tentative layout approval | Not supplied | Not supplied | Not supplied | Not applicable | Not supplied |
A third-party vendor listing describes a plot as saleable 900 sq ft; this is a vendor-listed figure, not a RERA-filed plot area. No software-measured plot dimensions are supplied. The floor-plan record indicates that three drawings are scans pending measurement, with no measured drawings available. Promoter website Floor plans
5. Parking & vehicle circulation
The tentative layout approval describes road area of 6 Acer 16.11 Gts / 30,990 Sq. Yds (31.94%). The supplied records do not state a sanctioned count of parking spaces, identify visitor or accessible parking, or describe parking allotments for individual plots. The vendor lists “Open Parking,” but the supplied RERA and approval material does not provide a space count or establish individual parking allocation. The tentative-layout conditions require roads to remain open for accessibility to neighbouring sites. Promoter website
6. Amenities, recreation & open spaces
| Description / size | 1 Acer 32.19 Gts / 8,735 Sq. Yds (9%) reserved as open space/park in the tentative layout |
|---|---|
| Declared progress / verified status | Reserved in the tentative plan; completion not independently verified |
| Description / size | 0 Acer 30.98 Gts / 3,749 Sq. Yds (3.86%) |
|---|---|
| Declared progress / verified status | Reserved in the tentative plan; specific facility and completion status not supplied |
| Description / size | Listed as a layout development work |
|---|---|
| Declared progress / verified status | No completed status supplied |
| Description / size | Listed as a layout development work |
|---|---|
| Declared progress / verified status | No completed status supplied |
| Description / size | Layout roads area: 6 Acer 16.11 Gts / 30,990 Sq. Yds (31.94%); internal roads and footpaths also appear in the RERA amenity record |
|---|---|
| Evidence source | RERA amenities |
| Declared progress / verified status | RERA amenity progress recorded as 0%; completion not independently verified |
| Description / size | Listed in the RERA amenity record; no size or capacity supplied |
|---|---|
| Evidence source | RERA amenities |
| Declared progress / verified status | Progress recorded as 0%; details and completion not supplied |
| Description / size | Rainwater-harvesting pits listed in the tentative layout conditions and water conservation/rainwater harvesting in the RERA amenity record |
|---|---|
| Evidence source | RERA amenities |
| Declared progress / verified status | RERA amenity progress recorded as 0%; completion not independently verified |
| Description / size | Listed in the tentative layout conditions and RERA amenity record |
|---|---|
| Evidence source | RERA amenities |
| Declared progress / verified status | RERA amenity progress recorded as 0%; completion not independently verified |
No clubhouse or indoor-recreation facility is identified in the supplied project records.
7. Utilities, building services & safety
The tentative layout approval lists the following proposed layout infrastructure: an assured water-supply source, internal water-supply pipelines, an overhead tank and water reservoir; storm-water drains; underground drainage lines and a common septic tank or STP; electrical supply lines, a transformer and street lights; solid-waste management; and rainwater-harvesting pits. The approval conditions also require STP and septic-tank provision to the stated standards.
The RERA amenity record includes water supply; sewerage (chambers, lines, septic tank and STP); storm-water drains; sewage and sullage treatment/disposal; solid-waste management; energy management; fire protection and fire-safety requirements; and an electrical meter room/sub-station/receiving station. Each listed item with a progress figure shows 0% in the supplied record. Capacities, completed installations, test results and independently verified compliance are not provided. RERA amenities
The layout approval states that the applicant is responsible for construction-worker safety during development. The supplied material does not specify accessibility features, fire-service access dimensions or a safety-clearance certificate.
8. Location, access & connectivity
The registered location is ALAIR, village ALER, Alair Mandal, Yadadri Bhuvanagiri District, Telangana, PIN 508101. The layout approval identifies the site as being in Alair Revenue Village and refers to the same project survey numbers: 291/PART, 292/PART and 293/PART. RERA record Land records
The location record supplies one measured connectivity point: the nearest sampled Outer Ring Road interchange is approximately 47.1 km away. The supplied project material does not identify approach-road names, public-transport services or other measured landmark distances. Location record
9. Developer & development status
The registered promoter is PRAGNA PANORAMA, recorded as a partnership; its GSTIN is 36AAZFP1040N1ZO. The RERA record identifies VENNA HARIPRASAD REDDY as an authorized signatory. The available registered-address information is incomplete across the supplied records; the registration certificate gives “Hyderabad, Pin: 500049” while the project record lists an Alair address. No official promoter website or contact details are supplied for this section. Corporate record Parties record
The promoter’s Form-B affidavit, dated 30 December 2023, declares a completion period ending 21/11/2026. The project record separately gives a proposed completion date of 21/03/2027. These are reproduced as distinct record entries; no independent progress assessment is supplied. RERA record
10. Approvals, official records & documents
| What the supplied record establishes | Form C certificate for PRAGNA PRAVESHIKA, registration P02000007690, identifying PRAGNA PANORAMA as promoter and survey numbers 291/PART, 292/PART and 293/PART |
|---|
| What the supplied record establishes | Approval for a tentative residential layout of 283 plots, issued by ALAIR Municipality/Municipal Corporation under approval number 0005/LO/3102/2024 |
|---|
| What the supplied record establishes | Application reference 003676/LO/DTCP/3102/0005/2023; the supplied fee-intimation letter expressly says it is not approval of the proposal or permission for development |
|---|
| What the supplied record establishes | Mortgage Deed No. 21054, dated 25 November 2023, is referenced in the tentative layout approval in connection with the reserved mortgage plots |
|---|
| What the supplied record establishes | Affidavit-cum-declaration by VENNA HARIPRASAD REDDY as authorized signatory of PRAGNA PANORAMA, dated 30 December 2023 |
|---|
| What the supplied record establishes | Not supplied |
|---|---|
| Source | Document index |
No building-plan approval, final layout release or occupancy/completion certificate is included in the supplied document set. The tentative-layout approval records that release of the final layout follows completion of development works and release of mortgaged land.
1. Project at a glance
Project identity
Registered project name: PRAGNA PRAVESHIKA
Project type / phase: Plotted development; registered portion or phase details are not separately disclosed.
TG-RERA registration: P02000007690; recorded as valid from 2024-02-06 to 2026-11-21. The certificate describes the period as commencing 06/02/2024 and ending 21/11/2026.
RERA status: New Project; registration certificate on file.
Registered promoter: PRAGNA PANORAMA; RERA records the entity type as Partnership.
Land and geographic identity
Locality: ALAIR
Revenue village: ALER in the RERA project record; the layout approval describes Alair Revenue Village.
Mandal / district / PIN: Alair / Yadadri Bhuvanagiri / 508101
Project survey numbers and subdivisions: 291/PART, 292/PART and 293/PART
Registered site extent: 81,115.20 sq. m (RERA land details: total area and net area both 81,115.20 sq. m; affected area reported as 0).
Boundaries recorded: North: OTHER LAND; South: OTHER LAND; East: OTHER LAND; West: OTHER LAND.
Development identity
Sanctioning authority: ALAIR Municipality/Municipal Corporation
Principal approval: Tentative layout plan approval 0005/LO/3102/2024; the filed record gives 22/11/2023 as the approved date.
Approved built-up area: RERA record: 42,249.31 sq. m. The plotted-layout material supplied does not specify building counts or a floor configuration.
Layout scale and composition: The tentative layout approval records 283 residential plots across 20 Acer 1.77 Gts / 97,016 Sq. Yds, with 10 Acer 17.61 Gts / 50,531 Sq. Yds identified as plotted area.
Roads, open space and utilities in the approved layout: Roads: 6 Acer 16.11 Gts / 30,990 Sq. Yds (31.94%); open space: 1 Acer 32.19 Gts / 8,735 Sq. Yds (9%); utilities: 0 Acer 8.06 Gts / 975 Sq. Yds (1%).
Social infrastructure: 0 Acer 30.98 Gts / 3,749 Sq. Yds (3.86%) reserved for social infrastructure in the tentative layout.
Mortgage provision: RERA records a mortgage area of 6,468.87 sq. m. The tentative layout approval separately lists mortgage plots as 0 Acer 63.94 Gts / 7,737 Sq. Yds, comprising specified plots in favour of the Municipality.
Building / parking levels: Not applicable to the filed plotted-layout description; building-level floors, parking levels and sanctioned building counts are not disclosed.
Offering and status
Offering: Residential plots; the RERA record identifies a plotted development.
Plot count: 283 in the tentative layout approval. A project-wide RERA unit inventory or booked/available plot count is not supplied here.
RERA-filed plot size: Not disclosed in the supplied RERA unit data.
Marketing-listed plot size: Vendor record lists a plot as saleable 900 sq ft; this is a third-party listing, not a RERA-filed area.
Construction / development stage: RERA classifies the project as a New Project. No independently verified site-progress evidence is supplied. The RERA amenity entries show 0% progress where reported.
Completion dates: The project record gives proposed completion 21/03/2027; the Form-B promoter declaration states completion within a period ending 21/11/2026.
Registration validity: 21/11/2026 is the stated registration end date; this is distinct from the project completion date.
Occupancy / completion certificate: No occupancy or completion certificate is supplied.
2. The project story
PRAGNA PRAVESHIKA is recorded with TG-RERA as a residential plotted development at ALAIR, in Alair Mandal, Yadadri Bhuvanagiri District. Its registered land identity is survey numbers 291/PART, 292/PART and 293/PART, at the village recorded as ALER in the RERA certificate.
The tentative layout plan on file describes 283 residential plots and allocates areas to plots, roads, open space, utilities and social infrastructure. It also records a set of plots mortgaged in favour of the Municipality as part of the layout conditions. The Municipality’s earlier fee-intimation letter concerns the layout application and expressly says that it is not approval of the proposal or permission for development; the later tentative layout approval is the approval document supplied for this project.
The supplied material does not establish construction progress through independent site verification. RERA amenity entries report 0% progress for the listed facilities, while the registration record and promoter declaration provide different completion dates as separately stated above. No occupancy or completion certificate is in the supplied documents.
3. Master plan, architecture & building design
This is a plotted layout rather than a multi-storey residential building scheme in the supplied project record. The tentative layout approval records 20 Acer 1.77 Gts / 97,016 Sq. Yds in total and identifies the following land-use components:
Plotted area: 10 Acer 17.61 Gts / 50,531 Sq. Yds (52.09%)
Road area: 6 Acer 16.11 Gts / 30,990 Sq. Yds (31.94%)
Open space / park: 1 Acer 32.19 Gts / 8,735 Sq. Yds (9%)
Social infrastructure: 0 Acer 30.98 Gts / 3,749 Sq. Yds (3.86%)
Utilities: 0 Acer 8.06 Gts / 975 Sq. Yds (1%)
The RERA land record states a site area of 81,115.20 sq. m and the RERA form lists approved built-up area of 42,249.31 sq. m; the supplied drawings do not explain that built-up-area figure in relation to the plotted layout, so it is reported as filed rather than interpreted.
The tentative layout conditions describe internal road formation, storm-water drains, underground drainage lines, internal water-supply pipelines, an overhead tank, a water-supply source, electrical lines and street lights, avenue planting, park development and rainwater-harvesting pits. No plot-by-plot plan dimensions or plot-size schedule is available in the supplied drawing extraction.
4. Homes, configurations & floor plans
The project is offered as residential plots, not apartments. The supplied RERA data does not include normalized unit counts, booked/available inventory or RERA-filed plot-size bands. The tentative layout approval records 283 plots but does not provide a plot-size schedule in the supplied extraction.
| Configuration | Units | Booked | Available | RERA saleable area | Measured carpet area | Loading (if supplied) |
|---|---|---|---|---|---|---|
| Residential plots | 283 plots in the tentative layout approval | Not supplied | Not supplied | Not supplied | Not applicable | Not supplied |
A third-party vendor listing describes a plot as saleable 900 sq ft; this is a vendor-listed figure, not a RERA-filed plot area. No software-measured plot dimensions are supplied. The floor-plan record indicates that three drawings are scans pending measurement, with no measured drawings available.
5. Parking & vehicle circulation
The tentative layout approval describes road area of 6 Acer 16.11 Gts / 30,990 Sq. Yds (31.94%). The supplied records do not state a sanctioned count of parking spaces, identify visitor or accessible parking, or describe parking allotments for individual plots. The vendor lists “Open Parking,” but the supplied RERA and approval material does not provide a space count or establish individual parking allocation. The tentative-layout conditions require roads to remain open for accessibility to neighbouring sites.
6. Amenities, recreation & open spaces
| Facility | Description / size | Evidence source | Declared progress / verified status |
|---|---|---|---|
| Open space / park | 1 Acer 32.19 Gts / 8,735 Sq. Yds (9%) reserved as open space/park in the tentative layout | Reserved in the tentative plan; completion not independently verified | |
| Social infrastructure land | 0 Acer 30.98 Gts / 3,749 Sq. Yds (3.86%) | Reserved in the tentative plan; specific facility and completion status not supplied | |
| Avenue plantation | Listed as a layout development work | No completed status supplied | |
| Park development | Listed as a layout development work | No completed status supplied | |
| Internal roads and footpaths | Layout roads area: 6 Acer 16.11 Gts / 30,990 Sq. Yds (31.94%); internal roads and footpaths also appear in the RERA amenity record | RERA amenity progress recorded as 0%; completion not independently verified | |
| Community buildings | Listed in the RERA amenity record; no size or capacity supplied | Progress recorded as 0%; details and completion not supplied | |
| Water conservation / rainwater harvesting | Rainwater-harvesting pits listed in the tentative layout conditions and water conservation/rainwater harvesting in the RERA amenity record | RERA amenity progress recorded as 0%; completion not independently verified | |
| Street lighting | Listed in the tentative layout conditions and RERA amenity record | RERA amenity progress recorded as 0%; completion not independently verified |
No clubhouse or indoor-recreation facility is identified in the supplied project records.
7. Utilities, building services & safety
The tentative layout approval lists the following proposed layout infrastructure: an assured water-supply source, internal water-supply pipelines, an overhead tank and water reservoir; storm-water drains; underground drainage lines and a common septic tank or STP; electrical supply lines, a transformer and street lights; solid-waste management; and rainwater-harvesting pits. The approval conditions also require STP and septic-tank provision to the stated standards.
The RERA amenity record includes water supply; sewerage (chambers, lines, septic tank and STP); storm-water drains; sewage and sullage treatment/disposal; solid-waste management; energy management; fire protection and fire-safety requirements; and an electrical meter room/sub-station/receiving station. Each listed item with a progress figure shows 0% in the supplied record. Capacities, completed installations, test results and independently verified compliance are not provided.
The layout approval states that the applicant is responsible for construction-worker safety during development. The supplied material does not specify accessibility features, fire-service access dimensions or a safety-clearance certificate.
8. Location, access & connectivity
The registered location is ALAIR, village ALER, Alair Mandal, Yadadri Bhuvanagiri District, Telangana, PIN 508101. The layout approval identifies the site as being in Alair Revenue Village and refers to the same project survey numbers: 291/PART, 292/PART and 293/PART.
The location record supplies one measured connectivity point: the nearest sampled Outer Ring Road interchange is approximately 47.1 km away. The supplied project material does not identify approach-road names, public-transport services or other measured landmark distances.
9. Developer & development status
The registered promoter is PRAGNA PANORAMA, recorded as a partnership; its GSTIN is 36AAZFP1040N1ZO. The RERA record identifies VENNA HARIPRASAD REDDY as an authorized signatory. The available registered-address information is incomplete across the supplied records; the registration certificate gives “Hyderabad, Pin: 500049” while the project record lists an Alair address. No official promoter website or contact details are supplied for this section.
The promoter’s Form-B affidavit, dated 30 December 2023, declares a completion period ending 21/11/2026. The project record separately gives a proposed completion date of 21/03/2027. These are reproduced as distinct record entries; no independent progress assessment is supplied.
10. Approvals, official records & documents
| What the supplied record establishes | Form C certificate for PRAGNA PRAVESHIKA, registration P02000007690, identifying PRAGNA PANORAMA as promoter and survey numbers 291/PART, 292/PART and 293/PART |
|---|
| What the supplied record establishes | Approval for a tentative residential layout of 283 plots, issued by ALAIR Municipality/Municipal Corporation under approval number 0005/LO/3102/2024 |
|---|
| What the supplied record establishes | Application reference 003676/LO/DTCP/3102/0005/2023; the supplied fee-intimation letter expressly says it is not approval of the proposal or permission for development |
|---|
| What the supplied record establishes | Mortgage Deed No. 21054, dated 25 November 2023, is referenced in the tentative layout approval in connection with the reserved mortgage plots |
|---|
| What the supplied record establishes | Affidavit-cum-declaration by VENNA HARIPRASAD REDDY as authorized signatory of PRAGNA PANORAMA, dated 30 December 2023 |
|---|
| What the supplied record establishes | Not supplied |
|---|
No building-plan approval, final layout release or occupancy/completion certificate is included in the supplied document set. The tentative-layout approval records that release of the final layout follows completion of development works and release of mortgaged land.
Frequently asked questions
Is PRAGNA PRAVESHIKA registered with Telangana RERA?
Yes. PRAGNA PRAVESHIKA is registered with the Telangana Real Estate Regulatory Authority as P02000007690; the registration status is New Project.
Who is the developer of PRAGNA PRAVESHIKA?
The promoter named in the RERA registration is PRAGNA PANORAMA.
Where is PRAGNA PRAVESHIKA located?
PRAGNA PRAVESHIKA is in ALAIR, ALER, Yadadri Bhuvanagiri, Telangana (508101).
When will PRAGNA PRAVESHIKA be completed?
The promoter's proposed date of completion filed with RERA is 21/03/2027. This is the promoter's declaration, not a guarantee.