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Registration approved Residential/Group Housing project

NATURE'S NEST

By SAI ASHRIVAD CONSTRUCTIONS

RG-KA-04498 · RERA PRM/KA/RERA/1251/309/PR/171214/001851

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 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

NATURE'S NEST is a Residential/Group Housing project by SAI ASHRIVAD CONSTRUCTIONS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171214/001851 on 14 Dec 2017. Possession is promised by 1 Aug 2019.

At a glance

Project

  • NameNATURE'S NEST
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/309/PR/171214/001851
  • ReraGenie IDRG-KA-04498

Builder

  • NameSAI ASHRIVAD CONSTRUCTIONS
  • Entity typePartnership Firm
  • Authorized SignatoryDAMODAR NAIDU
  • DirectorDAMODAR NAIDU

Key dates

this monthRegisteredDec 2017PromisedAug 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on14 Dec 2017
  • Promised completion1 Aug 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed34 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 area3,919 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 17.39 cr

Certifying professionals and partners2

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

RoleName
ArchitectCHANDRASHEKAR.P.N
EngineerPENUKONDA ANAND

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed34

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/1251/309/PR/171214/001851 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: IMG-20170831-WA0036.jpg-
COMMENCEMENT CERTIFICATE-
APPROVED BBMP PLAN OF NATURES HOME-
APPROVED BBMP PLAN OF NATURES HOME-
SALE DEED-GF-001-SAI RAM DEVELOPERS-
SALE AGREEMENT-OF NATURES NEST-
PARENT DOCUMENT-
APPROVED BBMP PLAN OF NATURES HOME-
APPROVED BBMP PLAN OF NATURES HOME-
ALLOTMENT LETTER (1)LATEST-
BROCHURE LATEST-
N O C S-
SPECIFICATION (2)-
E C-
PARENT DOCUMENT-
JOINT DEVELOPMENT AGREEMENT-
Balance Sheet 2015 - 2016File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Balance Sheet 2014 - 2015File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Balance Sheet 2013 - 2014File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Audited Profit and Loss Statement 2015 - 2016File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Audited Profit and Loss Statement 2014 - 2015File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Audited Profit and Loss Statement 2013 - 2014File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Director's Report 2015 - 2016File: DIRECTORS REPORT.jpg-
Director's Report 2014 - 2015File: DIRECTORS REPORT.jpg-
Director's Report 2013 - 2014File: DIRECTORS REPORT.jpg-
Cash Flow Statement 2015 - 2016File: CASH FLOW STATEMENT (2).jpg-
Cash Flow Statement 2014 - 2015File: CASH FLOW STATEMENT (2).jpg-
Auditor's Report 2015 - 2016File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Auditor's Report 2014 - 2015File: ITR 2015-16-SRI SAI CONSTRUCTIONS.pdf-
Auditor's Report 2013 - 2014File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR 2015-16-SRI SAI CONSTRUCTIONS.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR 2014-15-iOF SRI SAI CONSTRUCTIONS.pdf-
FORM B 1-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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

Builder: SAI ASHRIVAD CONSTRUCTIONS

SAI ASHRIVAD CONSTRUCTIONS has 1 registration on RERA Karnataka, including NATURE'S NEST. 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 NATURE'S NEST is delayed beyond 1 Aug 2019?

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 NATURE'S NEST?

The registered promoter entity is SAI ASHRIVAD CONSTRUCTIONS, 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 NATURE'S 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 NATURE'S NEST?

The professionals named in the filing: Architect: CHANDRASHEKAR.P.N; Engineer: PENUKONDA ANAND. 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 NATURE'S 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; 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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