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Registration approved Residential/Group Housing project

S V NEST

By S V BUILDERS AND DEVELOPERS

RG-KA-68995 · RERA PRM/KA/RERA/1251/308/PR/200827/003556 · Last updated on RERA Karnataka portal: 5 Jul 2020

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
Dec 2021Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 61 documents Report an error

S V NEST is a Residential/Group Housing project by S V BUILDERS AND DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/200827/003556 on 27 Aug 2020. Possession is promised by 31 Dec 2021.

At a glance

Project

  • NameS V NEST
  • TypeResidential/Group Housing
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/200827/003556
  • ReraGenie IDRG-KA-68995

Builder

  • NameS V BUILDERS AND DEVELOPERS
  • Entity typeProprietorship Firm
  • Authorized SignatoryG PURUSHOTHAM NAIDU

Key dates

this monthRegisteredAug 2020PromisedDec 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on27 Aug 2020
  • Promised completion31 Dec 2021
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed61 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.

Land area1,082 sq m
Named landowners1
LandownerVillageDistrict
G PURUSHOTHAM NAIDU--

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 8.10 cr

Certifying professionals and partners2

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

RoleName
ArchitectYukti Architects
EngineerYukti Engineers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed61

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/1251/308/PR/200827/003556 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Proprietor Firm CertificateFile: GST CERTIFICATE.pdf5 Jul 2020
Self Attested PANFile: PAN.PDF5 Jul 2020
ITR 2019-20File: ITR 2019-20.pdf5 Jul 2020
Conversion Order Enitre LayoutFile: Conversion Order - All survey Numbers.pdf5 Jul 2020
KhathaFile: Complete Khata Uploaded.pdf5 Jul 2020
Form BFile: FORM B.PDF5 Jul 2020
AffidavitFile: AFFIDAVIT.PDF5 Jul 2020
BESCOM ReceiptFile: Bescom Deposit.pdf5 Jul 2020
Pollution - NOCFile: POLLUTION - NOC.pdf5 Jul 2020
EC till dateFile: Encumbrance Certificate - EC Till Date.pdf5 Jul 2020
SpecificationsFile: Specifications.pdf5 Jul 2020
Pollution Control Board NOCFile: POLLUTION - NOC.pdf9 Mar 2020
RERA Payment ChallanFile: RERA220120181423 - Payment.pdf9 Mar 2020
FORM BFile: FORM B.PDF9 Mar 2020
BUILDING CONSTRUCTION APPROVAL-
BUILDING CONSTRUCTION APPROVAL-
plan-
ABSOLUTE SALE DEED - Draft-converte-
AGREEMENT OF SALE-
OWN LAND SALE DEED_compressed-
BUILDING CONSTRUCTION APPROVAL-
OWN LAND SALE DEED_compressed-
BUILDING CONSTRUCTION APPROVAL-
BROCHURE-
BROCHURE-
RTC-
OWN LAND SALE DEED_compressed-
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plan-
plan-
RTC-
Unnamed document-
Balance Sheet 2018 - 2019File: N A - NEW FIRM.PDF-
Balance Sheet 2017 - 2018File: N A - NEW FIRM.PDF-
Balance Sheet 2016 - 2017File: N A - NEW FIRM.PDF-
Audited Profit and Loss Statement 2018 - 2019File: N A - NEW FIRM.PDF-
Audited Profit and Loss Statement 2017 - 2018File: N A - NEW FIRM.PDF-
Audited Profit and Loss Statement 2016 - 2017File: N A - NEW FIRM.PDF-
Appeal 1 Order CopyFile: 3851.pdf-

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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: S V BUILDERS AND DEVELOPERS

S V BUILDERS AND DEVELOPERS has 1 registration on RERA Karnataka, including S V NEST. 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 S V NEST is delayed beyond 31 Dec 2021?

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 S V NEST?

The registered promoter entity is S V BUILDERS AND DEVELOPERS, a proprietorship 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 S V NEST?

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 S V NEST?

The professionals named in the filing: Architect: Yukti Architects; Engineer: Yukti Engineers. 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 S V NEST?

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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