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Registration approved Plotted Development project

Daivik Nisarga City

By Daivik Developers

RG-KA-37871 · RERA PRM/KA/RERA/1268/378/PR/200722/003496 · Last updated on RERA Karnataka portal: 6 Jul 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
Mar 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 74 documents Report an error

Daivik Nisarga City is a Plotted Development project by Daivik Developers in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/200722/003496 on 22 Jul 2020. Possession is promised by 31 Mar 2022.

At a glance

Project

  • NameDaivik Nisarga City
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1268/378/PR/200722/003496
  • ReraGenie IDRG-KA-37871

Builder

  • NameDaivik Developers
  • Entity typePartnership Firm
  • Authorized SignatoryVasudeva Shetty
  • OthersPrathiksha V Shetty
  • DirectorBeena V Shetty
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredJul 2020PromisedMar 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on22 Jul 2020
  • Promised completion31 Mar 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed74 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 area75,473 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 7.10 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed74

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/1268/378/PR/200722/003496 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Daivik Nisarga City Bank AccountFile: Daivik Nisarga City Bank Account.pdf6 Jul 2020
Bank Account for Daivik Nisarga CityFile: Canara Bank Ac Name change.pdf27 Jun 2020
UDIN number in 2018-19 financial statementFile: Udin for 2018-19.pdf27 Jun 2020
EC From 01-05-2015 to up to till date for all the survey numbersFile: EC.pdf27 Jun 2020
Relinquishment DeedFile: Reliquishment Deed.pdf27 Jun 2020
SIte Approved PlanFile: Plan.pdf27 Jun 2020
CertificateFile: firm registration 001.jpg-
Licence-
Plan-com-
Plan-com-
Proforma for Sale Deed-
Agreement of sale-
Sale Deed and RTC-
Plan-com-
Brochure-
Project Specification-
18 acre EC-
Notarized Affidavit-
Khata-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Power-
Drinage and water supply licence-
state polution control board-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Plan-
Plan-
Converstion Order comp-
Unnamed document-
Balance Sheet 2018 - 2019File: BS 2019 min.pdf-
Balance Sheet 2017 - 2018File: BS 2018.pdf-
Balance Sheet 2016 - 2017File: BS 2017.pdf-
Audited Profit and Loss Statement 2018 - 2019File: PL 2019 min.pdf-
Audited Profit and Loss Statement 2017 - 2018File: PL 2018.pdf-
Audited Profit and Loss Statement 2016 - 2017File: PL 2017.pdf-
Auditor's Report 2018 - 2019File: Form 3CB-3CD AY 2019-20.pdf-
Auditor's Report 2017 - 2018File: Form 3CB-3CD AY 2018-19.pdf-
Auditor's Report 2016 - 2017File: Form 3CB-3CD AY 2017-18.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 3.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 2.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 1.pdf-
Form B com-
Plot Excel SheetFile: PRM_KA_RERA_1268_378_PR_200722_003496.xlsx-
Final plan technical sanction LetterFile: Completion Ceritificate_compressed.pdf-
Final layout plan sanctionedFile: Final Layout MUDA Approved Plan.pdf-
Completion CertificateFile: Completion Ceritificate_00001.jpg-
Site release order Copies(1st,2nd phase and final release order)File: Completion Ceritificate_00001.jpg-
Relinquishment deed executed handed over detailsFile: Deed of Relinquishment.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: WATER AND SEVERAGE BOARD.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: ELECTRICITY BOARD.pdf-
Certificate issued by KSPCB, consent for operation of STP plantFile: KSPCB.pdf-
Whether the structures,civic amenities and other services handed over to local authority for maintenanceFile: RERA - IMAGE - NA.pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: ELECTRICITY BOARD.pdf-
Chartered Accountant Certificate (Form-4)File: Form 4CC - Signed_compressed-1.pdf-
Architect's Certificate (Form-5)File: RERA - IMAGE - NA.pdf-
Engineer's Certificate (Form-6)File: Engineer Certificate-Form -6-Nisarga City.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit.pdf-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Daivik Prasad-Completed-No date filed

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Builder: Daivik Developers

Daivik Developers has 3 registrations on RERA Karnataka, including DAIVIK AISHWARYA LAYOUT and Daivik Nisarga City. Its filings declare 2 earlier projects, 1 of them declared completed. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if Daivik Nisarga City is delayed beyond 31 Mar 2022?

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 Daivik Nisarga City?

The registered promoter entity is Daivik 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 Daivik Nisarga City?

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 Daivik Nisarga City?

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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