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Registration approved Plotted Development project

NAVALDI PLOTS

By SRIMANTH

RG-KA-16003 · RERA PRM/KA/RERA/1263/419/PR/180120/001848

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2020Possession promisedmoved 6 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 24 documents Report an error

NAVALDI PLOTS is a Plotted Development project by SRIMANTH in Kalaburagi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1263/419/PR/180120/001848 on 20 Jan 2018. Possession is promised by 22 Sep 2020. The completion date has moved by 6 months from the original filing.

At a glance

Project

  • NameNAVALDI PLOTS
  • TypePlotted Development
  • Location
    • Kalaburagi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1263/419/PR/180120/001848
  • ReraGenie IDRG-KA-16003

Builder

  • NameSRIMANTH

Key dates

this monthRegisteredJan 2018First promiseMar 2020Revised toSep 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on20 Jan 2018
  • Promised completion22 Sep 2020
  • Revised completionRevised to 22 Sep 2020 (originally 22 Mar 2020)
  • BuildingsNot stated in filing
  • Documents filed24 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 area28,024 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 98.00 lakh

Extensions applied for1

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

ExtensionMar 2020 → Sep 2020

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed24

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/180120/001848 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
commencement certificate-
Navaldi Plots Approved Plan-
Approved Layout plan-
sale deed-
Agreement for sale and allotment letter-
Sale Deed-
Approved Layout plan-
Approved Layout plan-
Agreement for sale and allotment letter-
broucher-
NOC-
project specification-
EC-
RTC-
JOint development-
Navaldi Plots Conversion-
Income Tax Return Acknowledgement 2016 - 2017File: ay1516.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: AY1415.jpg-
Income Tax Return Acknowledgement 2014 - 2015File: ay1314.jpg-
form B-
Plot Excel SheetFile: PRM_KA_RERA_1263_419_PR_180120_001848 (2).xlsx-
Occupancy CertificateFile: PROJECT COMPLETION.pdf-
Completion certificateFile: PROJECT COMPLETION.pdf-
Registered conveyance deed for an individual unitFile: SALE DEED.pdf-

How this compares with Kalaburagi

32%of Kalaburagi projects moved their completion datethis one moved by 6 months
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: SRIMANTH

SRIMANTH has 1 registration on RERA Karnataka, including NAVALDI PLOTS. 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 PLOTS is delayed beyond 22 Sep 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 PLOTS?

The registered promoter entity is SRIMANTH. 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 PLOTS?

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 PLOTS?

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 NAVALDI PLOTS. 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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