Spr S Rupharshi Heights
B N B INFRA LLP · Rangareddy · RERA P02400006342
SPR S RUPHARSHI HEIGHTS is a residential apartment project in MIYAPUR, Chanda Nagar, Serilingampally mandal, Ranga Reddy district. The registered promoter is B N B INFRA LLP. The project is on a 501.59 sq. m site and comprises one residential building with 1 Stilt + 5 upper floors and 10 3BHK apartments, each with a RERA saleable area of 141.67 sq. m. Its TG-RERA registration number is P02400006342, and its proposed completion date is 15/01/2026.
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
8 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.
Project at a glance
Project identity
| Field | Project record |
|---|---|
| Registered name | SPR S RUPHARSHI HEIGHTS RERA record |
| Project type / phase | Residential apartment project; phase or separately identified registered portion is not disclosed. RERA record |
| TG-RERA registration | P02400006342; granted under section 5. Approvals record |
| Registration validity | 07/07/2023 to 15/01/2026; the certificate records that registration may be extended by the Authority under the Act and Rules. This is the registration period, not a statement of construction completion or occupancy. Approvals record |
| Registered promoter | B N B INFRA LLP, an LLP. RERA record Corporate record |
| RERA status in the supplied record | New Project; certificate records registration. No extension is recorded in the supplied certificate. RERA record |
Land and geographic identity
| Field | Project record |
|---|---|
| Locality / revenue village | Locality: MIYAPUR; revenue village in the project and approval records: Chanda Nagar / CHANDANAGAR. RERA record RERA filing |
| Mandal / district / PIN | Serilingampally / Ranga Reddy / 500049. RERA record |
| Project survey numbers | RERA record: 276,277,278,282AND 286; the GHMC permit specifies 276, 277, 278, 282, 283, 284, 285, 286. The RERA entry does not state subdivisions. RERA filing |
| Plot identifiers | 269 AND 270. RERA filing |
| Site extent | RERA-filed total and net area: 501.59 sq. m. GHMC permit: plot area 501.59 sq. m, road-affected area 0.0, nala-affected area 0.0, and net plot area 501.59 sq. m. RERA filing |
| Boundaries | East: PLOT NO 271; west: PLOT NO 268; north: 30 FEET ROAD; south: PLOT NO 276 AND 277. RERA filing |
Development identity
| Field | Project record |
|---|---|
| Sanctioning authority | Greater Hyderabad Municipal Corporation (GHMC). Approvals record |
| Principal building approval | Building Permit Order 5106/GHMC/SLP/2023-BP, approved 15 January, 2023; file no. 013333/GHMC/6537/SLP2/2022-BP. Approvals record |
| Building and floors | One residential building, identified in the permit as PROP (BUILDING): 1 Stilt + 5 upper floors. The permit records building height 14.99; the unit for that figure is not stated in the extracted field. |
| Approved area | GHMC extraction lists 1,204.00 for residential and 227.92 for stilt; the overall approved built-up area is recorded in the RERA data as 1204 sq. m. These are separately reported figures; the extracted permit does not clarify the area basis for each component. RERA filing |
| Parking | The permit states that cellar and stilt areas approved for parking must be used exclusively for vehicle parking. The extracted permit parameters list Total Parking Area 240.8; a count of spaces is not supplied. |
| Units | RERA-filed and approved-plan unit count: 10; one building. RERA unit table |
Offering and status
| Field | Project record |
|---|---|
| Configuration | 3BHK apartments. RERA unit table RERA unit details |
| RERA saleable area | 141.67 sq. m per unit. RERA unit table RERA unit table |
| Booking snapshot | 0 booked; 10 available, as last read from the TG-RERA portal; the record supplies no as-of date, so these counts are indicative. RERA unit table |
| Construction stage | The supplied record reports project completeness of 90%, but provides no as-of date or independent site verification for that figure. RERA record |
| Completion date | Promoter-declared proposed completion: 15/01/2026. The permit also states construction was to commence before 15 July, 2023 and be completed before 15 January, 2026. RERA record |
| Occupancy / completion certificate | No occupancy or completion certificate is included in the supplied project records; certificate status and any tower-specific OC are therefore not established here. Document index |
The project story
SPR S RUPHARSHI HEIGHTS is registered as a residential apartment project on a 501.59 sq. m site identified by plots 269 AND 270 in Chanda Nagar, Serilingampally, Ranga Reddy district. The project record associates the site with survey numbers 276, 277, 278, 282, 283, 284, 285 and 286, with the RERA land entry listing 276,277,278,282AND 286. RERA record RERA filing
The GHMC building permit authorizes one residential building with 1 stilt and 5 upper floors. The RERA unit schedule lists ten 3BHK apartments, each with a filed saleable area of 141.67 sq. m. The portal snapshot lists all ten as available, but carries no snapshot date. RERA unit table
The project completeness figure is 90% in the supplied record. It is a reported figure, not independent confirmation of site conditions. The available documents do not establish that construction is complete, that the building has received an occupancy certificate, or that any portion is occupied. RERA record Document index
Master plan, architecture & building design
The filed project is a single residential building, rather than a multi-tower or phased development in the supplied records. GHMC’s permit identifies PROP (BUILDING) and approves 1 Stilt + 5 upper floors on a 501.59 sq. m plot. It records 1,204.00 for residential area and 227.92 for stilt area; the RERA filing separately reports approved built-up area of 1204 sq. m. The supplied extraction does not provide a complete area schedule explaining the basis or relationship of these figures. RERA filing
The permit extraction includes setbacks—“Front 3”, 3.5, “Rear 3.5”, and “Side I 3.5”—without fully labelling the first two values’ directions or units. It records one rainwater-harvesting pit and requires a transformer space. The supplied materials do not establish building footprint dimensions, flats per floor, lift or stair arrangement, internal circulation, or a detailed allocation of common/open areas.
The permit is subject to conditions including adherence to the sanctioned plan, submission of commencement and completion notices, and obtaining an occupancy certificate before occupation. It also requires the tot-lot to be fenced and maintained as greenery before issue of an occupancy certificate. These are permit conditions, not evidence that the items have been completed.
Homes, configurations & floor plans
| Configuration | Units | Booked | Available | RERA saleable area | Measured carpet area | Loading (if supplied) |
|---|---|---|---|---|---|---|
| 3BHK | 10 | 0 | 10 | 141.67 sq. m | Software-measured: 80.7–84.5 sq. m; median 80.7 sq. m | 43% |
The unit count, booking figures and saleable area are from the TG-RERA record; the booking snapshot has no as-of date. Carpet area and loading are software measurements from approved floor-plan drawings, not RERA-filed measurements, and the drawing-based measurements are noted as needing review. The saleable area is not the same measurement as carpet area: the supplied drawing-data caveat says saleable area also counts the home’s share of common areas. RERA unit table RERA unit details Floor plans
The measured typical-floor plan identifies bedrooms, a dining/kitchen area, toilets, a wash area and a utility. In one measured 3BHK design, the utility is marked as excluded from carpet area; the extracted room dimensions are drawing-based and should be checked against the plan. RERA unit details
Parking & vehicle circulation
GHMC’s permit identifies the stilt as approved for parking and states that cellar and stilt areas approved for parking must be used exclusively for vehicle parking, without partition walls or rolling shutters. The extracted sanctioned parameters list Total Parking Area 240.8, but do not give the number of car or two-wheeler spaces, visitor or accessible spaces, or any unit-by-unit allocation.
The permit also refers to a site abutting 18 mt. road widths and includes a condition to ensure zero ramps onto the road slope. The supplied record does not provide a detailed parking layout, ramp dimensions, internal driveway plan, EV-charging provision, or pedestrian/vehicle separation details. A drawn or sanctioned parking area does not by itself establish an exclusive parking right for a particular apartment.
Amenities, recreation & open spaces
| Facility | Description / size | Evidence source | Declared progress / verified status |
|---|---|---|---|
| Tot-lot / greenery | Permit condition requires the tot-lot to be fenced and maintained as greenery before issue of an occupancy certificate; no size is supplied. | GHMC permit | Required by permit; completion not established. |
| Green strip / tot-lot / park | Listed in the RERA amenity schedule; no dimensions supplied. | RERA filing | Progress recorded as 0% in the supplied schedule. RERA amenities |
| Community buildings | Listed in the RERA amenity schedule; no size or building details supplied. | RERA filing | Progress recorded as 0%. RERA amenities |
| Internal roads and footpaths | Listed in the RERA amenity schedule; no dimensions supplied. | RERA filing | Progress recorded as 0%. RERA amenities |
| Street lighting | Listed in the RERA amenity schedule. | RERA filing | Progress recorded as 0%. RERA amenities |
| Landscaping / avenue plantation | Permit requires greenery on the site periphery and avenue plantation of at least 2mts height. | GHMC permit | Permit condition; completed status not established. |
The RERA schedule also lists water supply, sewerage, storm-water drains, sewage/sullage treatment and disposal, solid-waste management, rainwater harvesting, energy management, fire protection and safety, and an electrical meter room/sub-station/receiving station. The schedule records 0% progress for these entries; the supplied information does not verify their installation or operation. RERA amenities
Utilities, building services & safety
The RERA amenity schedule marks Water Supply, Sewerage (Chamber, Lines, Septic Tank, STP), Storm Water Drains, Water Conservation, Rain water Harvesting, Energy management, Fire Protection And Fire Safety Requirements, and Electrical Meter Room, Sub-Station, Receiving Station as available (“YES”), while the same schedule reports 0% progress for the listed entries. These are filing disclosures; the supplied material does not verify completed or operational systems, capacities, water sources, treatment arrangements, or reuse. RERA amenities
The GHMC permit parameters specify 1 rainwater-harvesting pit and require space for a transformer. Its conditions also require CCTV installation as specified by the Police Department and an occupancy fire NOC from the Director (EV&DM) before issue of the occupancy certificate. These are permit requirements, not evidence of installation or clearance.
The supplied evidence does not specify lift number or capacity, backup-power capacity, firefighting equipment details, escape-stair configuration, waste-collection arrangements, access-control systems, or accessibility features. Document index RERA amenities
Location, access & connectivity
The registered location is MIYAPUR, with the project site in revenue village Chanda Nagar, Serilingampally mandal, Ranga Reddy district, PIN 500049. The GHMC permit describes the site as Chandanagar, plots 269 & 270, and records a 30 FEET ROAD along the north boundary. RERA record RERA filing RERA filing
A supplied location record places the cadastral parcel centroid at 17.505845025845307, 78.33048263916679 and lists the nearest sampled Outer Ring Road interchange at approximately 7.9 km. The record does not provide a named interchange or a surveyed route distance. Location record
Developer & development status
The registered legal promoter is B N B INFRA LLP, an LLP, with GSTIN 36AAZFB8254E1ZZ. The project records give the promoter’s address as MADHAVA ENCLAVE, MADHINAGUDA, CHANDANAGAR, MIYAPUR, Serilingampally, Ranga Reddy, 500049. The authorized signatory listed in the project records is SIBBADI BHAVISHAY RAO. Corporate record Parties record RERA filing
The RERA record identifies SRINIVASA MURTHY THIRUMALA as a landowner under a revenue-share arrangement. GHMC’s permit names the landowner as applicant and B N B INFRA LLP as developer. Parties record
The promoter’s Form B declaration states a completion undertaking of 15-01-2026 and includes declarations about title, encumbrances and project accounts. These are promoter declarations. The project record reports 90% completeness, but does not give a dated, independently verified construction assessment. RERA record
Approvals, official records & documents
| Identifier / date | P02400006342; issued 07/07/2023; valid through 15/01/2026 as stated in the certificate |
|---|---|
| Scope and evidence | Form C records registration of SPR S RUPHARSHI HEIGHTS under section 5 and includes promoter conditions. No extension is recorded in the supplied certificate. |
| Identifier / date | 5106/GHMC/SLP/2023-BP; 15 January, 2023 |
|---|---|
| Scope and evidence | Building Permit Order for a residential building with 1 stilt and 5 upper floors on a 501.59 sq. m site at Chandanagar, plots 269 & 270. It states that permission does not confer ownership rights. |
| Identifier / date | 013333/GHMC/6537/SLP2/2022-BP |
|---|---|
| Scope and evidence | File number recorded in the GHMC permit extraction. |
| Identifier / date | LRS/3237/CR-12/WestZone/GHMC/2008; LRS/3236/CR-12 |
|---|---|
| Scope and evidence | References listed in the permit; the supplied record does not include a separate approved-layout drawing or layout certificate. |
| Identifier / date | Document 325793 |
|---|---|
| Scope and evidence | Promoter declaration for B N B INFRA LLP, including the stated completion date of 15-01-2026. |
| Identifier / date | Not supplied |
|---|---|
| Scope and evidence | The supplied documents do not establish that an occupancy or completion certificate has been issued. Document index |
Project at a glance
Project identity
Registered name: SPR S RUPHARSHI HEIGHTS
Project type / phase: Residential apartment project; phase or separately identified registered portion is not disclosed.
TG-RERA registration: P02400006342; granted under section 5.
Registration validity: 07/07/2023 to 15/01/2026; the certificate records that registration may be extended by the Authority under the Act and Rules. This is the registration period, not a statement of construction completion or occupancy.
Registered promoter: B N B INFRA LLP, an LLP.
RERA status in the supplied record: New Project; certificate records registration. No extension is recorded in the supplied certificate.
Land and geographic identity
Locality / revenue village: Locality: MIYAPUR; revenue village in the project and approval records: Chanda Nagar / CHANDANAGAR.
Mandal / district / PIN: Serilingampally / Ranga Reddy / 500049.
Project survey numbers: RERA record: 276,277,278,282AND 286; the GHMC permit specifies 276, 277, 278, 282, 283, 284, 285, 286. The RERA entry does not state subdivisions.
Plot identifiers: 269 AND 270.
Site extent: RERA-filed total and net area: 501.59 sq. m. GHMC permit: plot area 501.59 sq. m, road-affected area 0.0, nala-affected area 0.0, and net plot area 501.59 sq. m.
Boundaries: East: PLOT NO 271; west: PLOT NO 268; north: 30 FEET ROAD; south: PLOT NO 276 AND 277.
Development identity
Sanctioning authority: Greater Hyderabad Municipal Corporation (GHMC).
Principal building approval: Building Permit Order 5106/GHMC/SLP/2023-BP, approved 15 January, 2023; file no. 013333/GHMC/6537/SLP2/2022-BP.
Building and floors: One residential building, identified in the permit as PROP (BUILDING): 1 Stilt + 5 upper floors. The permit records building height 14.99; the unit for that figure is not stated in the extracted field.
Approved area: GHMC extraction lists 1,204.00 for residential and 227.92 for stilt; the overall approved built-up area is recorded in the RERA data as 1204 sq. m. These are separately reported figures; the extracted permit does not clarify the area basis for each component.
Parking: The permit states that cellar and stilt areas approved for parking must be used exclusively for vehicle parking. The extracted permit parameters list Total Parking Area 240.8; a count of spaces is not supplied.
Units: RERA-filed and approved-plan unit count: 10; one building.
Offering and status
Configuration: 3BHK apartments.
RERA saleable area: 141.67 sq. m per unit.
Booking snapshot: 0 booked; 10 available, as last read from the TG-RERA portal; the record supplies no as-of date, so these counts are indicative.
Construction stage: The supplied record reports project completeness of 90%, but provides no as-of date or independent site verification for that figure.
Completion date: Promoter-declared proposed completion: 15/01/2026. The permit also states construction was to commence before 15 July, 2023 and be completed before 15 January, 2026.
Occupancy / completion certificate: No occupancy or completion certificate is included in the supplied project records; certificate status and any tower-specific OC are therefore not established here.
The project story
SPR S RUPHARSHI HEIGHTS is registered as a residential apartment project on a 501.59 sq. m site identified by plots 269 AND 270 in Chanda Nagar, Serilingampally, Ranga Reddy district. The project record associates the site with survey numbers 276, 277, 278, 282, 283, 284, 285 and 286, with the RERA land entry listing 276,277,278,282AND 286.
The GHMC building permit authorizes one residential building with 1 stilt and 5 upper floors. The RERA unit schedule lists ten 3BHK apartments, each with a filed saleable area of 141.67 sq. m. The portal snapshot lists all ten as available, but carries no snapshot date.
The project completeness figure is 90% in the supplied record. It is a reported figure, not independent confirmation of site conditions. The available documents do not establish that construction is complete, that the building has received an occupancy certificate, or that any portion is occupied.
Master plan, architecture & building design
The filed project is a single residential building, rather than a multi-tower or phased development in the supplied records. GHMC’s permit identifies PROP (BUILDING) and approves 1 Stilt + 5 upper floors on a 501.59 sq. m plot. It records 1,204.00 for residential area and 227.92 for stilt area; the RERA filing separately reports approved built-up area of 1204 sq. m. The supplied extraction does not provide a complete area schedule explaining the basis or relationship of these figures.
The permit extraction includes setbacks—“Front 3”, 3.5, “Rear 3.5”, and “Side I 3.5”—without fully labelling the first two values’ directions or units. It records one rainwater-harvesting pit and requires a transformer space. The supplied materials do not establish building footprint dimensions, flats per floor, lift or stair arrangement, internal circulation, or a detailed allocation of common/open areas.
The permit is subject to conditions including adherence to the sanctioned plan, submission of commencement and completion notices, and obtaining an occupancy certificate before occupation. It also requires the tot-lot to be fenced and maintained as greenery before issue of an occupancy certificate. These are permit conditions, not evidence that the items have been completed.
Homes, configurations & floor plans
| Configuration | Units | Booked | Available | RERA saleable area | Measured carpet area | Loading (if supplied) |
|---|---|---|---|---|---|---|
| 3BHK | 10 | 0 | 10 | 141.67 sq. m | Software-measured: 80.7–84.5 sq. m; median 80.7 sq. m | 43% |
The unit count, booking figures and saleable area are from the TG-RERA record; the booking snapshot has no as-of date. Carpet area and loading are software measurements from approved floor-plan drawings, not RERA-filed measurements, and the drawing-based measurements are noted as needing review. The saleable area is not the same measurement as carpet area: the supplied drawing-data caveat says saleable area also counts the home’s share of common areas.
The measured typical-floor plan identifies bedrooms, a dining/kitchen area, toilets, a wash area and a utility. In one measured 3BHK design, the utility is marked as excluded from carpet area; the extracted room dimensions are drawing-based and should be checked against the plan.
Parking & vehicle circulation
GHMC’s permit identifies the stilt as approved for parking and states that cellar and stilt areas approved for parking must be used exclusively for vehicle parking, without partition walls or rolling shutters. The extracted sanctioned parameters list Total Parking Area 240.8, but do not give the number of car or two-wheeler spaces, visitor or accessible spaces, or any unit-by-unit allocation.
The permit also refers to a site abutting 18 mt. road widths and includes a condition to ensure zero ramps onto the road slope. The supplied record does not provide a detailed parking layout, ramp dimensions, internal driveway plan, EV-charging provision, or pedestrian/vehicle separation details. A drawn or sanctioned parking area does not by itself establish an exclusive parking right for a particular apartment.
Amenities, recreation & open spaces
| Facility | Description / size | Evidence source | Declared progress / verified status |
|---|---|---|---|
| Tot-lot / greenery | Permit condition requires the tot-lot to be fenced and maintained as greenery before issue of an occupancy certificate; no size is supplied. | GHMC permit | Required by permit; completion not established. |
| Green strip / tot-lot / park | Listed in the RERA amenity schedule; no dimensions supplied. | RERA filing | Progress recorded as 0% in the supplied schedule. |
| Community buildings | Listed in the RERA amenity schedule; no size or building details supplied. | RERA filing | Progress recorded as 0%. |
| Internal roads and footpaths | Listed in the RERA amenity schedule; no dimensions supplied. | RERA filing | Progress recorded as 0%. |
| Street lighting | Listed in the RERA amenity schedule. | RERA filing | Progress recorded as 0%. |
| Landscaping / avenue plantation | Permit requires greenery on the site periphery and avenue plantation of at least 2mts height. | GHMC permit | Permit condition; completed status not established. |
The RERA schedule also lists water supply, sewerage, storm-water drains, sewage/sullage treatment and disposal, solid-waste management, rainwater harvesting, energy management, fire protection and safety, and an electrical meter room/sub-station/receiving station. The schedule records 0% progress for these entries; the supplied information does not verify their installation or operation.
Utilities, building services & safety
The RERA amenity schedule marks Water Supply, Sewerage (Chamber, Lines, Septic Tank, STP), Storm Water Drains, Water Conservation, Rain water Harvesting, Energy management, Fire Protection And Fire Safety Requirements, and Electrical Meter Room, Sub-Station, Receiving Station as available (“YES”), while the same schedule reports 0% progress for the listed entries. These are filing disclosures; the supplied material does not verify completed or operational systems, capacities, water sources, treatment arrangements, or reuse.
The GHMC permit parameters specify 1 rainwater-harvesting pit and require space for a transformer. Its conditions also require CCTV installation as specified by the Police Department and an occupancy fire NOC from the Director (EV&DM) before issue of the occupancy certificate. These are permit requirements, not evidence of installation or clearance.
The supplied evidence does not specify lift number or capacity, backup-power capacity, firefighting equipment details, escape-stair configuration, waste-collection arrangements, access-control systems, or accessibility features.
Location, access & connectivity
The registered location is MIYAPUR, with the project site in revenue village Chanda Nagar, Serilingampally mandal, Ranga Reddy district, PIN 500049. The GHMC permit describes the site as Chandanagar, plots 269 & 270, and records a 30 FEET ROAD along the north boundary.
A supplied location record places the cadastral parcel centroid at 17.505845025845307, 78.33048263916679 and lists the nearest sampled Outer Ring Road interchange at approximately 7.9 km. The record does not provide a named interchange or a surveyed route distance.
Developer & development status
The registered legal promoter is B N B INFRA LLP, an LLP, with GSTIN 36AAZFB8254E1ZZ. The project records give the promoter’s address as MADHAVA ENCLAVE, MADHINAGUDA, CHANDANAGAR, MIYAPUR, Serilingampally, Ranga Reddy, 500049. The authorized signatory listed in the project records is SIBBADI BHAVISHAY RAO.
The RERA record identifies SRINIVASA MURTHY THIRUMALA as a landowner under a revenue-share arrangement. GHMC’s permit names the landowner as applicant and B N B INFRA LLP as developer.
The promoter’s Form B declaration states a completion undertaking of 15-01-2026 and includes declarations about title, encumbrances and project accounts. These are promoter declarations. The project record reports 90% completeness, but does not give a dated, independently verified construction assessment.
Approvals, official records & documents
| Identifier / date | P02400006342; issued 07/07/2023; valid through 15/01/2026 as stated in the certificate |
|---|---|
| Scope and evidence | Form C records registration of SPR S RUPHARSHI HEIGHTS under section 5 and includes promoter conditions. No extension is recorded in the supplied certificate. |
| Identifier / date | 5106/GHMC/SLP/2023-BP; 15 January, 2023 |
|---|---|
| Scope and evidence | Building Permit Order for a residential building with 1 stilt and 5 upper floors on a 501.59 sq. m site at Chandanagar, plots 269 & 270. It states that permission does not confer ownership rights. |
| Identifier / date | 013333/GHMC/6537/SLP2/2022-BP |
|---|---|
| Scope and evidence | File number recorded in the GHMC permit extraction. |
| Identifier / date | LRS/3237/CR-12/WestZone/GHMC/2008; LRS/3236/CR-12 |
|---|---|
| Scope and evidence | References listed in the permit; the supplied record does not include a separate approved-layout drawing or layout certificate. |
| Identifier / date | Document 325793 |
|---|---|
| Scope and evidence | Promoter declaration for B N B INFRA LLP, including the stated completion date of 15-01-2026. |
| Identifier / date | Not supplied |
|---|---|
| Scope and evidence | The supplied documents do not establish that an occupancy or completion certificate has been issued. |
Frequently asked questions
Is SPR S RUPHARSHI HEIGHTS registered with Telangana RERA?
Yes. SPR S RUPHARSHI HEIGHTS is registered with the Telangana Real Estate Regulatory Authority as P02400006342; the registration status is New Project.
Who is the developer of SPR S RUPHARSHI HEIGHTS?
The promoter named in the RERA registration is B N B INFRA LLP.
Where is SPR S RUPHARSHI HEIGHTS located?
SPR S RUPHARSHI HEIGHTS is in MIYAPUR, Chanda Nagar, Serilingampally, Rangareddy, Telangana (500049).
When will SPR S RUPHARSHI HEIGHTS be completed?
The promoter's proposed date of completion filed with RERA is 15/01/2026. This is the promoter's declaration, not a guarantee.
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