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Registration approved Plotted Development project

MERUSRI SATYAVAN

By MERUSRI DEVELOPERS

RG-KA-42087 · RERA PRM/KA/RERA/1250/303/PR/191107/002985

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
Aug 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 30 documents Report an error

MERUSRI SATYAVAN is a Plotted Development project by MERUSRI DEVELOPERS in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/191107/002985 on 7 Nov 2019. Possession is promised by 30 Aug 2018.

At a glance

Project

  • NameMERUSRI SATYAVAN
  • TypePlotted Development
  • Location
    • Devanahalli
    • Bengaluru Rural
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/303/PR/191107/002985
  • ReraGenie IDRG-KA-42087

Builder

  • NameMERUSRI DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryM.Venkateswara Reddy
  • OthersS. Venkata Prasada Reddy, V.Veera Reddy, Y. Amarnatha Reddy
  • Other registrations5 more →
  • Declared earlier projects2 →

Key dates

Registered
7 Nov 2019
Promised
30 Aug 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Nov 2019
  • Promised completion30 Aug 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed30 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 area25,596 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 3.67 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed30

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/1250/303/PR/191107/002985 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: MD FIRM CERTIF.pdf-
SATYAVAN PLAN-
SATYAVAN PLAN-
SALEDEED DRAFT-
AGRMNT DRAFT-
all saledeeds and rtc-
SATYAVAN PLAN-
SATYAVAN PLAN-
allotment ltr draft-
Satyavan Brochure-
ALL NOC'S-
aminities-
all ec-
SALE AGREEMENT OF MERUSRI SATYAVAN-
ALL NOC'S-
conversion order-ilovepdf-compressed-
ALL NOC'S-
SATYAVAN PLAN-
SATYAVAN PLAN-
Balance Sheet 2016 - 2017File: 2017-18 balance sheet.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 2017-18 profit loss statement.pdf-
Cash Flow Statement 2016 - 2017File: 2017-18 statement of income.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: itr 2017-2018 aknlogmnt.pdf-
satyavan form B-
Prospectus/BrochureFile: E - BROCHURE final.pdf-
Advertisement Copy 1File: satyavan final ADD compressed.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1250_303_PR_191107_002985.xlsx-
Occupancy CertificateFile: final release sites biaapa ltr.pdf-
Completion certificateFile: FINAL APPROVAL TER_compressed (1).pdf-
Registered conveyance deed for an individual unitFile: RD FIVAL.pdf-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one has not
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Rural650+ in Bengaluru Rural

2 kmMERUSRI SATYAVANOther 28Dot size: filed unitsN

Filed coordinates, straight-line distance. 28 registered projects within 2 km.

Builder: MERUSRI DEVELOPERS

MERUSRI DEVELOPERS has 6 registrations on RERA Karnataka, including CLASSIC MERUSRI CANAAN PHASE - II and Merusri Sunlit Grove Annexe. Its filings declare 2 earlier projects, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if MERUSRI SATYAVAN is delayed beyond 30 Aug 2018?

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 MERUSRI SATYAVAN?

The registered promoter entity is MERUSRI 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 MERUSRI SATYAVAN?

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 MERUSRI SATYAVAN?

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 MERUSRI SATYAVAN. 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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