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Registration approved Residential/Group Housing project

RS SANCHIKE

By RS PROPERTIES

RG-KA-41190 · RERA PRM/KA/RERA/1251/446/PR/180313/001375 · Last updated on RERA Karnataka portal: 26 Mar 2021

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 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 52 documents Report an error

RS SANCHIKE is a Residential/Group Housing project by RS PROPERTIES in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180313/001375 on 13 Mar 2018. Possession is promised by 16 Aug 2018.

At a glance

Project

  • NameRS SANCHIKE
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180313/001375
  • ReraGenie IDRG-KA-41190

Builder

  • NameRS PROPERTIES
  • Entity typePartnership Firm
  • Authorized SignatorySUBRAMANI.S
  • OthersSUBRAMANI.S, S.AMBIKA, C.H.RAMESH, S.N.RAMESH

Key dates

this monthRegisteredMar 2018PromisedAug 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on13 Mar 2018
  • Promised completion16 Aug 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed52 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 area6,067 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 22.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectR-SQUARE DESIGNS PVT LTD
EngineerB.S.SURESH CHANDRA

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed52

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/1251/446/PR/180313/001375 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CA CERTIFICATE BANK ACCOUNTFile: RSP Bank Account Certificate.pdf26 Mar 2021
BBMP OC COPYFile: RSP OC COPY.pdf26 Mar 2021
OC Copy For RS Sanchike ProjectFile: RS Sanchike Kengeri oc Copy.pdf4 Dec 2020
CertificateFile: RS PROPERTIES PARTNERSHIP DEED COPY.pdf-
Certificate form Architect,Engineer,CA etc.File: RSP.pdf-
Architect Certificate for Work Completion Schedule till DateFile: architec completed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: structural complit.pdf-
CA Certificate for Funds UtilizationFile: C A Utilisation cert.pdf-
Architect Certificate for Pending Work Completion Schedule.File: architec pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: structural remaining.pdf-
CA Certificate for Funds required for Project CompletionFile: C A Required Cert.pdf-
AffidavitFile: FORM B.pdf-
Latest Encumbrance Certificate-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Form B RSP.pdf-
Document 2File: bank rsp.pdf-
Document 3File: coustmer.pdf-
Document 4File: OC Rsp.pdf-
3 BBMP CC-
plan-
1-
17 proforma of deed-
6 proforma of sales-
sale deed-
10 approved section-
11 area-
12 porforma allatment letter-
13 brochur-
14 all NOC-
15 project specification-
2 RS Properties EC Latest-
katha-
JDJV-
DC-
Balance Sheet 2015 - 2016File: 2016.pdf-
Balance Sheet 2014 - 2015File: 2015.pdf-
Balance Sheet 2013 - 2014File: 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 2014.pdf-
Director's Report 2015 - 2016File: RSP.pdf-
Director's Report 2014 - 2015File: RSP.pdf-
Director's Report 2013 - 2014File: RSP.pdf-
Cash Flow Statement 2015 - 2016File: cash15-16.pdf-
Cash Flow Statement 2014 - 2015File: 2015.pdf-
Auditor's Report 2015 - 2016File: 2016.pdf-
Auditor's Report 2014 - 2015File: 3CD 3CB 2015.pdf-
Auditor's Report 2013 - 2014File: RSP.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 2016.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 2015.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 2014.pdf-
16 form B-

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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Builder: RS PROPERTIES

RS PROPERTIES has 1 registration on RERA Karnataka, including RS SANCHIKE. 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 RS SANCHIKE is delayed beyond 16 Aug 2018?

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 RS SANCHIKE?

The registered promoter entity is RS PROPERTIES, 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 RS SANCHIKE?

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 RS SANCHIKE?

The professionals named in the filing: Architect: R-SQUARE DESIGNS PVT LTD; Engineer: B.S.SURESH CHANDRA. 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 RS SANCHIKE?

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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