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BASAVASHREE NAGARA
RG-KA-74344 · RERA PRM/KA/RERA/1669/440/PR/220823/006191 · Last updated on RERA Karnataka portal: 16 Aug 2023
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
BASAVASHREE NAGARA is a Plotted Development project by BASAVASHREE DEVELOPERS in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1669/440/PR/220823/006191 on 22 Aug 2023. Possession is promised by 1 Jul 2023.
At a glance
Project
- NameBASAVASHREE NAGARA
- TypePlotted Development
- Location
- Hospet
- Vijayanagara
- 583203
- Pincode583203
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1669/440/PR/220823/006191
- ReraGenie IDRG-KA-74344
Builder
- NameBASAVASHREE DEVELOPERS
- Entity typePartnership Firm
- Authorized Signatoryk Ravishankar
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on22 Aug 2023
- Promised completion1 Jul 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed95 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.
| Landowner | Village | District |
|---|---|---|
| Basavashree Developers | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 2.77 cr | - |
| Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for construction | Rs 18.00 lakh | - |
| On-site expenditure-Site Overhead | Rs 10.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 6.35 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | D Chandrashekar |
| Chartered Accountant | Seenam Bhat |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed95
As listed on the registration, under the names the promoter filed them with; the newest 80 of 95 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1669/440/PR/220823/006191 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Railway line reply letterFile: railway line reply lettter.pdf | 16 Aug 2023 |
| UGD & ParkFile: UGD & Park.pdf | 16 Aug 2023 |
| CD ReportFile: Basavasree developers CD.xlsx | 16 Aug 2023 |
| Work OrderFile: Work Order.pdf | 16 Aug 2023 |
| Relinquishment deedFile: Relinquishment deed.pdf | 26 Jul 2023 |
| Village MapFile: Village Map.pdf | 26 Jul 2023 |
| Layout Work OrderFile: Work Order.pdf | 26 Jul 2023 |
| Balace Sheet profit and loss account 2021-22File: IT P & L Account 2021-22.pdf | 26 Jul 2023 |
| Balace Sheet profit and loss account 2022-23File: IT Balance Sheet 2022-23.pdf | 26 Jul 2023 |
| B L Rani Samyuktha To RavishankarFile: Sale Deed.pdf | 26 Jul 2023 |
| GUIDANCE VALUE CERTIFICATEFile: Guidence Value.pdf | 26 Jul 2023 |
| ECFile: EC.pdf | 26 Jul 2023 |
| Chartered accountant Membership certificate.File: Auditor Certificate.pdf | 26 Jul 2023 |
| Electricity NOC Fees RecieptFile: CESCOM Fees Reciept.pdf | 26 Jul 2023 |
| Engineer liecenseFile: Engineer registration.pdf | 26 Jul 2023 |
| Project CD ReportFile: project CD Report.pdf | 26 Jul 2023 |
| Engineer CertificateFile: Form-3 Engineer Certificate.pdf | 26 Jul 2023 |
| Partnership deedFile: PartnerShip Deed.pdf | 26 Jul 2023 |
| RTC, survey 159/2 | - |
| Mutation, survey 159/2 | - |
| Encumbrance Certificate, survey 159/2 | - |
| Conversion/Alienation Order, survey 159/2 | - |
| Sale/Title/Gift Deed, survey 159/2 | - |
| Khatha, survey 159/2 | - |
| Registration CertificateFile: Company Incorporation Certificate.pdf | - |
| Partnership DeedFile: Partnership Deed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form 1 CA Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Form 3 Engineer Certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Certificate from Chartered AccountFile: Form 1 CA Certificate.pdf | - |
| Certificate issued by ArchitectFile: Form 2 Architect Certificate.pdf | - |
| Plan Sanction Letter | - |
| Gescom NOC work completion letter | - |
| Water NOC and completion letter | - |
| Approved Layout plan | - |
| Approved Layout plan | - |
| Approved Layout plan | - |
| Project Specification Basavasharee Nagara | - |
| Project Specification Basavasharee Nagara | - |
| Legal opinion | - |
| CLU | - |
| Title Deed | - |
| Agreement of Sale Proforma | - |
| Proforma Allotment Letter | - |
| Form B Affidavit | - |
| Sec 3(1) Non-Violation | - |
| Gescom NOC work completion letter | - |
| Water NOC and completion letter | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Relinquishment Deed | - |
| Guidlines Values | - |
| CDP Extract | - |
| Gescom NOC work completion letter | - |
| Horticulture NOC | - |
| UGD & WATER SUUPY DEMARK PLAN | - |
| demarcation of location of layout | - |
| Akarband | - |
| Survey Sketch | - |
| Source of Funds V1 | - |
| Basavashree Developers ITR 2021-22 | - |
| Partners ITR 2020-21 | - |
| Partners ITR 2019-20 | - |
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Builder: BASAVASHREE DEVELOPERS
BASAVASHREE DEVELOPERS has 1 registration on RERA Karnataka, including BASAVASHREE NAGARA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayanagara district page.
Frequently asked questions
What are my rights if BASAVASHREE NAGARA is delayed beyond 1 Jul 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 BASAVASHREE NAGARA?
The registered promoter entity is BASAVASHREE 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 BASAVASHREE NAGARA?
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 BASAVASHREE NAGARA?
The professionals named in the filing: Engineer: D Chandrashekar; Chartered Accountant: Seenam Bhat. 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 BASAVASHREE NAGARA?
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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