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Registration approved Residential/Group Housing project

AMARACHANDRA ROYAL

By SAI RAMINENI BUILDERS

RG-KA-71006 · RERA PRM/KA/RERA/1251/310/PR/180130/002120

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Aug 2017Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 32 documents Report an error

AMARACHANDRA ROYAL is a Residential/Group Housing project by SAI RAMINENI BUILDERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180130/002120 on 30 Jan 2018. Possession is promised by 16 Aug 2017.

At a glance

Project

  • NameAMARACHANDRA ROYAL
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/310/PR/180130/002120
  • ReraGenie IDRG-KA-71006

Builder

  • NameSAI RAMINENI BUILDERS
  • Entity typePartnership Firm
  • Authorized SignatoryR C CHITTIBABU NAIDU

Key dates

Registered
30 Jan 2018
Promised
16 Aug 2017

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Jan 2018
  • Promised completion16 Aug 2017
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed32 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area1,451 sq m
Named landownersNone

Project account and cost

70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Estimated costRs 9.50 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectV.SIVA KUMAR
EngineerSRINIVAS RAO BOLIMUNTA

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed32

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/310/PR/180130/002120 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Frim Certificate.pdf-
Plan_1-
Plan-
Preforma Sale Deed-
Preforma Agreement to sell-
Land Doc-
SKM_C22-
Preforma Agreement to sell-
Broucher-
Project Description-
Encumbrance_Cert-7-17-
Katha-
SKM_C22-
NOC-
Balance Sheet 2015 - 2016File: BALANCE SHEET SAI RAMINENI.pdf-
Balance Sheet 2014 - 2015File: BS 14-15.pdf-
Balance Sheet 2013 - 2014File: BS 13-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L AC SAI.pdf-
Audited Profit and Loss Statement 2014 - 2015File: PL 14-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: PL 13-14.pdf-
Director's Report 2015 - 2016File: Directors Report.pdf-
Director's Report 2014 - 2015File: Directors Report.pdf-
Director's Report 2013 - 2014File: Directors Report.pdf-
Cash Flow Statement 2015 - 2016File: Directors Report.pdf-
Cash Flow Statement 2014 - 2015File: Directors Report.pdf-
Auditor's Report 2015 - 2016File: Audit Report 15-16.pdf-
Auditor's Report 2014 - 2015File: Audit Report 14-15.pdf-
Auditor's Report 2013 - 2014File: Audit Report 13-14.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Itr Ack 15-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Itr Ack 14-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: Itr Ack 13-14.pdf-
Declaration-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmAMARACHANDRA ROYALOther 27Dot size: filed unitsN

Filed coordinates, straight-line distance. 27 registered projects within 2 km.

Builder: SAI RAMINENI BUILDERS

SAI RAMINENI BUILDERS has 1 registration on RERA Karnataka, including AMARACHANDRA ROYAL. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if AMARACHANDRA ROYAL is delayed beyond 16 Aug 2017?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.

How do I verify and contact the developer of AMARACHANDRA ROYAL?

The registered promoter entity is SAI RAMINENI BUILDERS, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.

Is my payment protected in AMARACHANDRA ROYAL?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

Who certifies construction progress at AMARACHANDRA ROYAL?

The professionals named in the filing: Architect: V.SIVA KUMAR; Engineer: SRINIVAS RAO BOLIMUNTA. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in AMARACHANDRA ROYAL?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.

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About AMARACHANDRA ROYAL. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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