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Registration approved Residential/Group Housing project

DS MAX SISTA NEST

By K V SATISH

RG-KA-27131 · RERA PRM/KA/RERA/1251/310/PR/190823/002824

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 43 documents Report an error

DS MAX SISTA NEST is a Residential/Group Housing project by K V SATISH in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/190823/002824 on 23 Aug 2019. Possession is promised by 31 Dec 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameDS MAX SISTA NEST
  • 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/190823/002824
  • ReraGenie IDRG-KA-27131

Builder

  • NameK V SATISH
  • Other registrations3 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredAug 2019First promiseMar 2023Revised toDec 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 Aug 2019
  • Promised completion31 Dec 2023
  • Revised completionRevised to 31 Dec 2023 (originally 31 Mar 2023)
  • Buildings1 building record
  • Documents filed43 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
DS MAX SISTA NEST---80080

The full filing

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

Construction progress by building1

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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationNoNot applicable
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupNoNot applicable
GasNoNot applicable
Water and SanitationNoNot applicable
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsNoNot applicable
Staircases and Lift lobbies, corridor,lobbies, corridorNoNot applicable
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area2,529 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 6.78 cr

Certifying professionals and partners2

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

RoleName
ArchitectKAVYA S P
EngineerPRAKASH HATHWAR

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionMar 2023 → Dec 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed43

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/190823/002824 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Sista Nest license-
Sista Nest Plan-
Sista Nest Plan-
RERA- SALE DEED DRAFT- SISTA NEST-
RERA AGREEMENT DRAFT- SISTA NEST-
Sale deed-
Sista Nest license-
Sista Nest license-
ALLOTMENT LETTER-
Sista Nest KSPCB & Plan_compressed-
Specifications-
EC-
Sista Nest Affidavit_compressed-
JD AFFIDAVIT CUM DECLARATION-
SISTA NEST KATHA DS MAX-
RTC_2014-15 TO 2017-18-
Conversion Order_compressed-
SISTA NEST KSPCB CFE-
Sista Nest license-
Sista Nest Plan-
Sista Nest Plan-
Conversion Order_compressed-
Balance Sheet 2017 - 2018File: FS 2017-18.pdf-
Balance Sheet 2016 - 2017File: Financials FY 2016-17.pdf-
Balance Sheet 2015 - 2016File: Financials FY 2015-16_compressed.pdf-
Audited Profit and Loss Statement 2017 - 2018File: FS 2017-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Financials FY 2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Financials FY 2015-16_compressed.pdf-
Auditor's Report 2017 - 2018File: AR 2017-18.pdf-
Auditor's Report 2016 - 2017File: Audit report FY 2016-17.pdf-
Auditor's Report 2015 - 2016File: Audit report FY 2015-16.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: KVSIR ITR FY 2017-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: KVS ITR FY 2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 201516.pdf-
Sista Nest ACD_compressed-
Prospectus/BrochureFile: ds-max-sista-nest-brochure-web-1.jpg-
Advertisement Copy 1File: sista_nest.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_190823_002824.xlsx-
Loan raised documentFile: loanDetails.xlsx-
Occupancy CertificateFile: OCCUPANCY CERTIFICATE-Sista nest project.pdf-
Consent for operation issued by KSPCBFile: SISTA NEST CFO.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: sistanest documents .pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit.pdf-

Promoter's earlier projects3

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.

3 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
DS MAX STONESCAPE-OngoingSep 2020Not delivered
DS MAX SPARK NEST-OngoingJun 2020Not delivered
DS MAX STAR NEST-OngoingApr 2020Not delivered

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
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 kmDS MAX SISTA NESTOther 24Dot size: filed unitsN

Filed coordinates, straight-line distance. 24 registered projects within 2 km.

Builder: K V SATISH

K V SATISH has 4 registrations on RERA Karnataka, including DS MAX - SPARK NEST and DS MAX STAR NEST. Its filings declare 3 earlier projects, none of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if DS MAX SISTA NEST is delayed beyond 31 Dec 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 DS MAX SISTA NEST?

The registered promoter entity is K V SATISH. 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 DS MAX SISTA NEST?

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 DS MAX SISTA NEST?

The professionals named in the filing: Architect: KAVYA S P; Engineer: PRAKASH HATHWAR. 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 DS MAX SISTA NEST?

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; why the completion date was revised and what the new timeline depends on.

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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