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Registration approved No litigation declared Plotted Development project

Nisarga Phase - 1

By S K Properties

RG-KA-13898 · RERA PRM/KA/RERA/1268/378/PR/010923/006219 · Last updated on RERA Karnataka portal: 23 Aug 2023

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Oct 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 63 documents Report an error

Nisarga Phase - 1 is a Plotted Development project by S K Properties in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/010923/006219 on 1 Sep 2023. Possession is promised by 31 Oct 2023.

At a glance

Project

  • NameNisarga Phase - 1
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1268/378/PR/010923/006219
  • ReraGenie IDRG-KA-13898

Builder

  • NameS K Properties
  • Entity typeOther ( Hindu Undivided Family )
  • GSTIN29AALHB9212N1ZT
  • Authorized SignatoryB K Puttamadappa

Key dates

this monthRegisteredSep 2023PromisedOct 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Sep 2023
  • Promised completion31 Oct 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed63 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership1

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners1
LandownerVillageDistrict
B K Puttamadappa--

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 1.03 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 85.00 lakh-
On-site expenditure-Salaries of workersRs 8.50 lakh-
On-site expenditure-Consultants FeesRs 5.00 lakh-
Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for constructionRs 3.00 lakh-
Payment of taxesRs 1.50 lakh-

Certifying professionals and partners2

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

RoleName
EngineerPrajna Constructions and CAD Centre
Chartered AccountantRama krishna AnimiReddi

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed63

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/1268/378/PR/010923/006219 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
BALANCE SHEET AND PROFIT LOSS STATEMENT 2022 23File: BS and PL Signed.pdf23 Aug 2023
Individual ITRFile: Puttamadapppa ITR.jpeg18 Aug 2023
Individual Balance SheetFile: Balance Sheet.pdf18 Aug 2023
CA Certificate Form 1File: FORM 1_0001.pdf18 Aug 2023
Self Bank BalanceFile: SELF BANK BALANCE.jpeg18 Aug 2023
Release Deed PLD BankFile: Release Deed PLD Bank.jpeg18 Aug 2023
Form B UpdatedFile: FormB Updated.pdf18 Aug 2023
Layout Work OrderFile: Layout Work Order.pdf18 Aug 2023
Village MapFile: Village Map.pdf18 Aug 2023
Form 6File: Form 6.pdf18 Aug 2023
Water and Electricity NOC Self AttestedFile: Water and electricity NOC Certified.pdf18 Aug 2023
STP DrawingFile: STP Drawing.pdf18 Aug 2023
Estimated CostFile: Civil works estimated cost.pdf18 Aug 2023
Section 3 Affidavit UpdatedFile: Section 3 Affidavit Updated.pdf18 Aug 2023
Land Cost CalculationsFile: Land Cost.pdf18 Aug 2023
Updated AFSFile: Nisarga 1 AFS Updated.pdf18 Aug 2023
Allotment LetterFile: Nisarga Allotment Letter.pdf18 Aug 2023
RTC, survey 145/3-
Mutation, survey 145/3-
Encumbrance Certificate, survey 145/3-
Conversion/Alienation Order, survey 145/3-
Sale/Title/Gift Deed, survey 145/3-
Khatha, survey 145/3-
Registration CertificateFile: GST.pdf-
Certificate issued by CA Form 1File: FORM 1_0001.pdf-
Certificate issued by Engineer Form 3File: Form3.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non Litigation Affidavit.pdf-
Certificate from Chartered Account-
Technical Sanction Letter-
Electricity2-
Water-
plan-
plan-
project specifications-
plan-
EC 20 years-
Conversion Order-
Sale Deed-
Nisarga AFS-
Form B-
Section 3 Affidavit-
Electricity-
Water-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Relinquishment Deed-
guidance Value-
Plot Excel SheetFile: Nisarga Phase 1.xlsx-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Other projects near Mysore700+ in Mysore

Builder: S K Properties

S K Properties has 1 registration on RERA Karnataka, including Nisarga Phase - 1. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if Nisarga Phase - 1 is delayed beyond 31 Oct 2023?

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 Nisarga Phase - 1?

The registered promoter entity is S K Properties, an other ( hindu undivided family ) as per the filing. Its GSTIN 29AALHB9212N1ZT 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 Nisarga 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.

Who certifies construction progress at Nisarga Phase - 1?

The professionals named in the filing: Engineer: Prajna Constructions and CAD Centre; Chartered Accountant: Rama krishna AnimiReddi. 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 Nisarga 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.

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