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Registration approved Plotted Development project

MSR SHANTHINIKETHAN

By SRS ENTERPRISES

RG-KA-84423 · RERA PRM/KA/RERA/1272/394/PR/171222/001286

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
May 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 47 documents Report an error

MSR SHANTHINIKETHAN is a Plotted Development project by SRS ENTERPRISES in Tumakuru, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1272/394/PR/171222/001286 on 22 Dec 2017. Possession is promised by 24 May 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameMSR SHANTHINIKETHAN
  • TypePlotted Development
  • Location
    • Tumakuru
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1272/394/PR/171222/001286
  • ReraGenie IDRG-KA-84423

Builder

  • NameSRS ENTERPRISES
  • Entity typePartnership Firm
  • Authorized SignatoryM R Seetharam
  • DirectorsM S Raksha Ramaiah, M S Sunder Ram

Key dates

this monthRegisteredDec 2017First promiseAug 2020Revised toMay 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on22 Dec 2017
  • Promised completion24 May 2021
  • Revised completionRevised to 24 May 2021 (originally 24 Aug 2020)
  • BuildingsNot stated in filing
  • Documents filed47 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 area151,730 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 25.00 cr

Extensions applied for1

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

ExtensionAug 2020 → May 2021

No reason recorded in the filing

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/1272/394/PR/171222/001286 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: SRS-Firm Registration Certificate (2).pdf-
commencement (2)-
Plan-
Plan-
sale agreement-
sale agreement-
Sale Deed-
compressed_modified plan-
Plan-
commencement (2)-
IMG-20170812-WA0105-
commencement (2)-
IMG-20170812-WA0105-
EC-
TUDA Approval-
Conversion Order-
Relinquishment Deed-
Balance Sheet 2015 - 2016File: Balalnce Sheet & P& L 2016-17.pdf-
Balance Sheet 2014 - 2015File: compressed_P&L Balance Sheet 2015-16.pdf-
Balance Sheet 2013 - 2014File: P&L Balancs Sheet 2014-15.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Balalnce Sheet & P& L 2016-17.pdf-
Audited Profit and Loss Statement 2014 - 2015File: compressed_P&L Balance Sheet 2015-16.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P&L Balancs Sheet 2014-15.pdf-
Director's Report 2015 - 2016File: Directors report.pdf-
Director's Report 2014 - 2015File: Directors report.pdf-
Director's Report 2013 - 2014File: Directors report.pdf-
Cash Flow Statement 2015 - 2016File: cash low.pdf-
Cash Flow Statement 2014 - 2015File: cash low.pdf-
Auditor's Report 2015 - 2016File: Auditors report.pdf-
Auditor's Report 2014 - 2015File: Auditors report.pdf-
Auditor's Report 2013 - 2014File: Auditors report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR 2015-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR 2014-15.pdf-
Form B-
Plot Excel SheetFile: PRMKARERA1272394PR171222001286.xlsx-
Final plan technical sanction LetterFile: SRS Enterprise TUDA Release Order.pdf-
Final layout plan sanctionedFile: SRS Final Plan.PDF-
Completion CertificateFile: Mahanagara Palike NOC.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed Shanthinikethan.pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: Mahanagara Palike NOC.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: Water Work Completion Letter.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: BESCOM Work Completion.pdf-
Certificate issued by KSPCB, consent for operation of STP plantFile: KPSCB Letter.pdf-
Chartered Accountant Certificate (Form-4)File: RERA CA FORM 4 cc MSR shanthinikethan.pdf-
Engineer's Certificate (Form-6)File: Form 6CC - MSR Shantinikethan.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Closure Affidavit-MSR Shanthinikethan,Tumkur.pdf-

How this compares with Tumakuru

3%of Tumakuru projects moved their completion datethis one moved by 9 months
0%of Tumakuru registrations are shown as withdrawn or revokedthis one is not

Computed across the 220+ Tumakuru projects on ReraGenie, from their own filings.

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Builder: SRS ENTERPRISES

SRS ENTERPRISES has 1 registration on RERA Karnataka, including MSR SHANTHINIKETHAN. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Tumakuru district page.

Frequently asked questions

What are my rights if MSR SHANTHINIKETHAN is delayed beyond 24 May 2021?

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 MSR SHANTHINIKETHAN?

The registered promoter entity is SRS ENTERPRISES, 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 MSR SHANTHINIKETHAN?

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 MSR SHANTHINIKETHAN?

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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About MSR SHANTHINIKETHAN. 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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