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Registration approved Plotted Development project

BANASHANKARI DEVELOPERS

By BANASHANKARI DEVELOPERS

RG-KA-14903 · RERA PRM/KA/RERA/1249/367/PR/201201/003734 · Last updated on RERA Karnataka portal: 24 Nov 2020

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
Apr 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 37 documents Report an error

BANASHANKARI DEVELOPERS is a Plotted Development project by BANASHANKARI DEVELOPERS in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/367/PR/201201/003734 on 1 Dec 2020. Possession is promised by 28 Apr 2023.

At a glance

Project

  • NameBANASHANKARI DEVELOPERS
  • TypePlotted Development
  • Location
    • Chikkodi
    • Belagavi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1249/367/PR/201201/003734
  • ReraGenie IDRG-KA-14903

Builder

  • NameBANASHANKARI DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatorySanjaykumar Argi
  • Board MembersAnwar Dadiwale, Sarika Argi, Jayananda Jadhav

Key dates

this monthRegisteredDec 2020PromisedApr 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Dec 2020
  • Promised completion28 Apr 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed37 files

The full filing

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

Land and ownership1

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

Land area21,094 sq m
Named landowners1
LandownerVillageDistrict
Sanjaykumar Argi--

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 1.04 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed37

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/1249/367/PR/201201/003734 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Bank account detailsFile: Bank statement Banashankari Developers.pdf24 Nov 2020
DeclarationFile: DECLARATION.pdf24 Nov 2020
ECFile: ENCUMBRANCE 330 1A JUNE TO NOV.pdf24 Nov 2020
Partnership deedFile: patnership deed notery.pdf24 Nov 2020
Commencement Certificate_compressed (1)-
Approved Plan-
Approved Plan-
Sale Deed and RTC-
SPECIFICATION 330 1A_compressed-
EC-
Affidavit-
MOU-
Unnamed document-
Conversion Order_compressed (2)-
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Unnamed document-
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water supply noc application-
Unnamed document-
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Form B_compressed-

How this compares with Belagavi

24%of Belagavi projects moved their completion datethis one has not
0%of Belagavi registrations are shown as withdrawn or revokedthis one is not

Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.

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Other projects near Belagavi460+ in Belagavi

2 kmBANASHANKARI DEVELOPERSOther 7Dot size: filed unitsN

Filed coordinates, straight-line distance. 7 registered projects within 2 km.

Builder: BANASHANKARI DEVELOPERS

BANASHANKARI DEVELOPERS has 1 registration on RERA Karnataka, including BANASHANKARI DEVELOPERS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Belagavi district page.

Frequently asked questions

What are my rights if BANASHANKARI DEVELOPERS is delayed beyond 28 Apr 2023?

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 BANASHANKARI DEVELOPERS?

The registered promoter entity is BANASHANKARI DEVELOPERS, 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 BANASHANKARI DEVELOPERS?

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.

What should I check before booking in BANASHANKARI DEVELOPERS?

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 BANASHANKARI DEVELOPERS. 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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