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Registration approved Plotted Development project

NAVALDI LAYOUT PHASE1

By SHARANAGOUDA

RG-KA-67015 · RERA PRM/KA/RERA/1263/419/PR/171208/002297

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
Feb 2020Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 22 documents Report an error

NAVALDI LAYOUT PHASE1 is a Plotted Development project by SHARANAGOUDA in Kalaburagi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1263/419/PR/171208/002297 on 8 Dec 2017. Possession is promised by 26 Feb 2020.

At a glance

Project

  • NameNAVALDI LAYOUT PHASE1
  • TypePlotted Development
  • Location
    • Kalaburagi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1263/419/PR/171208/002297
  • ReraGenie IDRG-KA-67015

Builder

Key dates

this monthRegisteredDec 2017PromisedFeb 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Dec 2017
  • Promised completion26 Feb 2020
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed22 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 area24,281 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 1.20 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed22

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/1263/419/PR/171208/002297 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
LAYOUT -11-2-
LAYOUT -11-2-
LAYOUT -11-2-
PLOT-1-
AGREEMENT TO SELL-
SALE DEED 11-2 REVISED-
LAYOUT -11-2-
LAYOUT -11-2-
EC-FORM 16-
RTC-form-16-1-
conversion order 11-2-
LAYOUT -11-2-
LAYOUT -11-2-
NA 11-2-
Income Tax Return Acknowledgement 2016 - 2017File: ay1718.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ay1617.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ay1516.pdf-
AFFADEVIT FORM B-
Plot Excel SheetFile: PRM_KA_RERA_1263_419_PR_171208_002297 (2).xlsx-
Occupancy CertificateFile: Navaldi Layout Phase-1-GDA Completion certificate.pdf-
Completion certificateFile: Navaldi Layout Phase-1-GDA Completion certificate.pdf-
Registered conveyance deed for an individual unitFile: Navaldi Layout Phase-1-Sale-deed.pdf-

How this compares with Kalaburagi

32%of Kalaburagi projects moved their completion datethis one has not
0%of Kalaburagi registrations are shown as withdrawn or revokedthis one is not

Computed across the 210+ Kalaburagi projects on ReraGenie, from their own filings.

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Other projects near Kalaburagi210+ in Kalaburagi

Builder: SHARANAGOUDA

SHARANAGOUDA has 5 registrations on RERA Karnataka, including NAVALDI LAYOUT PHASE1 and NAVALDI LAYOUT PHASE 3. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kalaburagi district page.

Frequently asked questions

What are my rights if NAVALDI LAYOUT PHASE1 is delayed beyond 26 Feb 2020?

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 NAVALDI LAYOUT PHASE1?

The registered promoter entity is SHARANAGOUDA. 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 NAVALDI LAYOUT PHASE1?

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 NAVALDI LAYOUT PHASE1?

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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