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Desai Golden Springs
RG-KA-47153 · RERA PRM/KA/RERA/1251/446/PR/200817/003548 · Last updated on RERA Karnataka portal: 13 Aug 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
Saved.
Desai Golden Springs is a Residential/Group Housing project by M s Desai Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/200817/003548 on 17 Aug 2020. Possession is promised by 5 Mar 2023.
At a glance
Project
- NameDesai Golden Springs
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/446/PR/200817/003548
- ReraGenie IDRG-KA-47153
Builder
- NameM s Desai Developers
- Entity typePartnership Firm
- Authorized SignatoryDr Desai Thippa Reddy
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on17 Aug 2020
- Promised completion5 Mar 2023
- Revised completionNone
- Buildings2 building records
- Documents filed47 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower-A | - | - | - | 143 | 0 | 143 |
| Tower-B | - | - | - | 143 | 0 | 143 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 13 Aug 2020, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | Not applicable |
| Retaining wall (All types) | Not applicable |
| Plinth level Beam | Not applicable |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Not applicable |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | Not applicable |
| Plastering inside , outside & Ceiling | Not applicable |
| Joinery: Doors, Windows, Ventilators etc | Not applicable |
| Basic work of Water supply, Sanitary and Electrification | Not applicable |
| Dadoing, Skirting, Flooring, Tiles work (All types) | Not applicable |
| Railing and Grill fixing | Not applicable |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | Not applicable |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities41
As on 13 Aug 2020, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | Yes | - |
| Community Hall | Yes | - |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | Yes | - |
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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | M RAM PRASAD |
| Engineer | ADHARSHILA |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed47
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/1251/446/PR/200817/003548 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Cheque leafFile: Cheque leaf.pdf | 13 Aug 2020 |
| Reply letterFile: Reply letter.pdf | 13 Aug 2020 |
| bank cancelled cheque of desai developersFile: cancelled cheque of desai developers.pdf | 8 Jul 2020 |
| audited balance sheet of desai developersFile: audited balance sheet of desai.pdf | 8 Jul 2020 |
| P & L account (CA UDIN NUMBER) of desai developersFile: p and l account (ca udin Number).pdf | 8 Jul 2020 |
| 2018-19 ITR Of desai DevelopersFile: ITR-2018-19-desai developers new.pdf | 8 Jul 2020 |
| development and vendor details of desai developersFile: Affidavit of desai of vendor details.pdf | 8 Jul 2020 |
| desai thippareddy pan copyFile: desai thippareddy of pan copy.jpg | 1 Jul 2020 |
| desai developers firm pan copyFile: desai developers of firm pan copy.jpg | 1 Jul 2020 |
| vendor affidavit of desai developersFile: Affidavit of desai of vendor details.pdf | 1 Jul 2020 |
| ITR and P&L aidited balance sheet of desai developers 2018-19File: ITR-2018-19- DESAI.pdf | 1 Jul 2020 |
| local water supply noc of desai developersFile: local water noc of desai.pdf | 1 Jul 2020 |
| Form b of builderFile: form be of desai.pdf | 23 Jun 2020 |
| ITR of 2016-17File: ITR-2016-17 - DESAI.pdf | 23 Jun 2020 |
| ITR 2017-18File: ITR-2017-18- DESAI.pdf | 23 Jun 2020 |
| ITR 2018-19File: ITR-2018-19- DESAI.pdf | 23 Jun 2020 |
| ec of 1/02/2020 to 20/06/2020File: ec of desai.pdf | 23 Jun 2020 |
| KSPCB of desaiFile: kspcb desai.pdf | 23 Jun 2020 |
| licence copy of desaiFile: laicense copy of desai.pdf | 23 Jun 2020 |
| pan copy of desai developersFile: pan copy desai.jpg | 23 Jun 2020 |
| CertificateFile: desai firm copy.pdf | - |
| all plan copy desai | - |
| sale deed and rtc copy desai | - |
| all plan copy desai | - |
| laicence copy desai | - |
| laicence copy desai | - |
| ec copy desai | - |
| katha copy desai | - |
| sale deed and rtc copy desai | - |
| sale deed and rtc copy desai | - |
| Conversation copy desai | - |
| noc fire desai | - |
| HAL air port noc desai | - |
| bescom desai | - |
| environment noc desai | - |
| BSNL noc desai | - |
| Unnamed document | - |
| bda noc desai | - |
| all plan copy desai | - |
| all plan copy desai | - |
| Conversation copy desai | - |
| Prospectus/BrochureFile: golden springs multifolder_19-03-2020.pdf | - |
| Advertisement Copy 1File: commerical hoarding.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_200817_003548-desai.xlsx | - |
| Loan raised documentFile: Loan Statement.pdf | - |
| Occupancy CertificateFile: OC-Desai Golden Springs.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit - Desai Golden Springs.pdf | - |
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Builder: M s Desai Developers
M/s.Desai Developers has 2 registrations on RERA Karnataka, including Desai Grandeur and Desai Golden Springs. 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 Desai Golden Springs is delayed beyond 5 Mar 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 Desai Golden Springs?
The registered promoter entity is M s Desai 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 Desai Golden Springs?
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 Desai Golden Springs?
The professionals named in the filing: Architect: M RAM PRASAD; Engineer: ADHARSHILA. 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 Desai Golden Springs?
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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