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PRAKRUTHI PHASE-1
RG-KA-52635 · RERA PRM/KA/RERA/1669/440/PR/300124/006579 · Last updated on RERA Karnataka portal: 19 Jan 2024
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
Saved.
PRAKRUTHI PHASE-1 is a Plotted Development project by SAMRUDDHI INFRA in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1669/440/PR/300124/006579 on 30 Jan 2024. Possession is promised by 30 Jun 2023.
At a glance
Project
- NamePRAKRUTHI PHASE-1
- TypePlotted Development
- Location
- Hospet
- Vijayanagara
- 583201
- Pincode583201
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1669/440/PR/300124/006579
- ReraGenie IDRG-KA-52635
Builder
- NameSAMRUDDHI INFRA
- Entity typeProprietorship
- GSTIN29AJMPR3493F2ZL
- Authorized SignatoryREKHA P N
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on30 Jan 2024
- Promised completion30 Jun 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed87 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership2
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Rekha P N | - | - |
| Rekha P N | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 65.51 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Vishnu Kumar |
| Chartered Accountant | Anil Kumar Narsepalli |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed87
As listed on the registration, under the names the promoter filed them with; the newest 80 of 87 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1669/440/PR/300124/006579 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Financials 2022-23File: 1 Financials 2022-23.pdf | 19 Jan 2024 |
| Financials 2021-22File: 2 Financials 2021-22.pdf | 19 Jan 2024 |
| Financials 2020-21File: 3 Financials 2020-21.pdf | 19 Jan 2024 |
| Bank Account ClarificationFile: 1 Bank Account Clarification.pdf | 10 Jan 2024 |
| Source of Funds with supporting docsFile: 2 Source of Funds with supporting docs.pdf | 10 Jan 2024 |
| Samruddhi Infra GST RegistrationFile: 3 Samruddhi Infra GST Registration.pdf | 10 Jan 2024 |
| Financials 2022-23File: 4 Financials 2022-23.pdf | 10 Jan 2024 |
| Financials 2021-22File: 5 Financials 2021-22.pdf | 10 Jan 2024 |
| Financials 2020-21File: 6 Financials 2020-21.pdf | 10 Jan 2024 |
| Form-1 CA CertificateFile: 7 Form-1 CA Certificate.pdf | 10 Jan 2024 |
| MR CopiesFile: 8 MR Copies.pdf | 10 Jan 2024 |
| Upto Date ECFile: 9 Upto Date EC.pdf | 10 Jan 2024 |
| Title DeedFile: 10 Title Deed.pdf | 10 Jan 2024 |
| RTC, survey 312/1 | - |
| Mutation, survey 312/1 | - |
| Encumbrance Certificate, survey 312/1 | - |
| Conversion/Alienation Order, survey 312/1 | - |
| Sale/Title/Gift Deed, survey 312/1 | - |
| Khatha, survey 312/1 | - |
| RTC, survey 313/1 | - |
| Mutation, survey 313/1 | - |
| Encumbrance Certificate, survey 313/1 | - |
| Conversion/Alienation Order, survey 313/1 | - |
| Sale/Title/Gift Deed, survey 313/1 | - |
| Khatha, survey 313/1 | - |
| Registration CertificateFile: Samruddhi Infra GST Registration.pdf | - |
| Certificate issued by CA Form 1File: Form-1 Prakurthi Phase-1.pdf | - |
| Certificate issued by Engineer Form 3File: Form-3 of PRAKRUTHI PHASE - 1 LAYOUT.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Non-Litigation Affidavit.pdf | - |
| Certificate from Chartered AccountFile: Form-1 Prakurthi Phase-1.pdf | - |
| Certificate issued by ArchitectFile: Form-2 Architect.pdf | - |
| Balance Sheet 2022 - 2023File: Financials 2022-23.pdf | - |
| Balance Sheet 2021 - 2022File: Financials 2021-22.pdf | - |
| Balance Sheet 2020 - 2021File: Financials 2020-21.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: Financials 2022-23.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: Financials 2021-22.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Financials 2020-21.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: Financials 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: Financials 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: Financials 2020-21.pdf | - |
| 100 % release order | - |
| GESCOM NOC | - |
| Water NOC with fee paid receipt | - |
| Initial Approved Plan | - |
| Initial Approved Plan | - |
| Initial Approved Plan | - |
| Project Specification | - |
| Project Specification | - |
| Legal Opinion 88 Mudlapur 312-1 & 313-1 | - |
| Proforma Agreement of Sale | - |
| Proforma Allotment Letter | - |
| Form-B Affidavit | - |
| Sec 3(1) Affidavit | - |
| GESCOM NOC | - |
| Water NOC with fee paid receipt | - |
| 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 | - |
| Horticulture NOC | - |
| MUDDLAPURA_VILLAGE_MAP | - |
| MUDDLAPURA_GOOGLE_MAP | - |
| Final Technical Plan | - |
| Final Release order | - |
| UGD Demarcation | - |
| PWD NOC Work Completion Letter | - |
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Builder: SAMRUDDHI INFRA
SAMRUDDHI INFRA has 1 registration on RERA Karnataka, including PRAKRUTHI PHASE-1. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayanagara district page.
Frequently asked questions
What are my rights if PRAKRUTHI PHASE-1 is delayed beyond 30 Jun 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 PRAKRUTHI PHASE-1?
The registered promoter entity is SAMRUDDHI INFRA, a proprietorship as per the filing. Its GSTIN 29AJMPR3493F2ZL 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 PRAKRUTHI 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 PRAKRUTHI PHASE-1?
The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: Anil Kumar Narsepalli. 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 PRAKRUTHI 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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