Home / Browse projects / Bengaluru Rural, Karnataka / MERUSRI SPRINGS PHASE 1
MERUSRI SPRINGS PHASE 1
By MERUSRI REAL ESTATE DEVELOPERS Pvt Ltd
RG-KA-84031 · RERA PRM/KA/RERA/1250/303/PR/180328/001537
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.
MERUSRI SPRINGS PHASE 1 is a Plotted Development project by MERUSRI REAL ESTATE DEVELOPERS Pvt Ltd in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/180328/001537 on 28 Mar 2018. Possession is promised by 30 Jun 2017.
At a glance
Project
- NameMERUSRI SPRINGS PHASE 1
- TypePlotted Development
- Location
- Devanahalli
- Bengaluru Rural
- PincodeNot stated
- RERA no.PRM/KA/RERA/1250/303/PR/180328/001537
- ReraGenie IDRG-KA-84031
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on28 Mar 2018
- Promised completion30 Jun 2017
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed29 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.
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed29
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/180328/001537 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: COI-MERUSRI.pdf | - |
| SPRINGS COMMENCEMENT CERT | - |
| springs APROVAL PLAN | - |
| springs APROVAL PLAN | - |
| Draft sale deed | - |
| Draft Sale Agreement | - |
| docs | - |
| ALOTMENT DRAFT | - |
| springs Brochure | - |
| NOC'S SPRINGS | - |
| SPRINGS AMENITIES | - |
| SPRONGS EC | - |
| to land lods saledeeds | - |
| merusri sale agrmnt | - |
| Balance Sheet 2014 - 2015File: Balance sheet 2015.pdf | - |
| Balance Sheet 2013 - 2014File: Balance sheet 2014.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: profit loss 2015.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: profit loss 2014.pdf | - |
| Cash Flow Statement 2014 - 2015File: cash flow state ment 2014.pdf | - |
| Auditor's Report 2014 - 2015File: Auditors Report-2015-16.pdf | - |
| Auditor's Report 2013 - 2014File: Auditors Report-2014-15.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR acnol 2015.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: ITR acnol 2014.pdf | - |
| Prospectus/BrochureFile: HAVDHABFB.PNG | - |
| Advertisement Copy 1File: HAVDHABFB.PNG | - |
| Plot Excel SheetFile: PRM_KA_RERA_1250_303_PR_180328_001537.xlsx | - |
| Occupancy CertificateFile: 1M5A3279.JPG | - |
| Completion certificateFile: 1M5A3278.JPG | - |
| Registered Agreement of SaleFile: ALL RELEASE.pdf | - |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Bengaluru Rural
Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.
Keep MERUSRI SPRINGS PHASE 1 on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near Bengaluru Rural650+ in Bengaluru Rural
BARCA AT GODREJ MSR CITY
M S RAMAIAH VENTURES LLP
Ozone Urbana
Ozone Urbana Infra Developers Pvt Ltd
Pashmina Brookwoods
Shashwati Realty Pvt Ltd
Godrej Royale Woods
Godrej Projects North Star LLP
Prestige Jindal City-Phase II
PRESTIGE SOUTHCITY HOLDINGS
Provident Botanico
Provident Housing Limited
See every Bengaluru Rural project, with the district possession charts
Builder: MERUSRI REAL ESTATE DEVELOPERS Pvt Ltd
MERUSRI REAL ESTATE DEVELOPERS Pvt Ltd has 2 registrations on RERA Karnataka, including MERUSRI SPRINGS PHASE 1 and Merusri Springs Phase 2. Its filings declare 1 earlier project, 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 SPRINGS PHASE 1 is delayed beyond 30 Jun 2017?
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 SPRINGS PHASE 1?
The registered promoter entity is MERUSRI REAL ESTATE DEVELOPERS Pvt Ltd, a company as per the filing. Its CIN U70102KA2014PTC075252 can be cross-checked on the MCA and GST portals. 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 SPRINGS PHASE 1?
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 SPRINGS PHASE 1?
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.
Report an error Share feedback