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SAHAKARA NORTH CITY
By SAI PANCHAMI DEVELOPERS PRIVATE LIMITED
RG-KA-18715 · RERA PRM/KA/RERA/1250/303/PR/200824/006976 · Last updated on RERA Karnataka portal: 20 Jul 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.
SAHAKARA NORTH CITY is a Plotted Development project by SAI PANCHAMI DEVELOPERS PRIVATE LIMITED in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/200824/006976 on 20 Aug 2024. Possession is promised by 19 Apr 2024.
At a glance
Project
- NameSAHAKARA NORTH CITY
- TypePlotted Development
- Location
- Devanahalli
- Bengaluru Rural
- 562110
- Pincode562110
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1250/303/PR/200824/006976
- ReraGenie IDRG-KA-18715
Builder
- NameSAI PANCHAMI DEVELOPERS PRIVATE LIMITED
- Entity typeCompany
- CINU70102KA2010PTC055468
- GSTIN29AAQCS2955P1Z9
- Authorized SignatoryHarinatha Reddy
- DirectorsHarinatha Reddy, Harinatha Reddy, Adinarayana V
- Project HeadHarinatha Reddy
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on20 Aug 2024
- Promised completion19 Apr 2024
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed141 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership3
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 |
|---|---|---|
| Chik Muniyappa and family | - | - |
| Sai Panchami Developers private Limited | - | - |
| Chik Muniyappa and family | - | - |
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 7.92 cr | - |
| On-site expenditure-Site Overhead | Rs 40.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 7.00 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | VISHNUKUMAR |
| Chartered Accountant | Jayaram Srinivas Bhat |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed141
As listed on the registration, under the names the promoter filed them with; the newest 80 of 141 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/303/PR/200824/006976 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Bank Account ClarificationFile: 1 Bank Account Clarification.pdf | 20 Jul 2024 |
| Bank Account Affidavit - Dyavarahalli - RERAFile: 2 Bank Account Affidavit - Dyavarahalli - RERA.pdf | 20 Jul 2024 |
| Self Attested PANFile: 3 Self Attested PAN.jpeg | 20 Jul 2024 |
| Form 1 CA Certificate_SPDPLFile: 4 Form 1 CA Certificate_SPDPL.pdf | 20 Jul 2024 |
| Expenditures Details of FY 2022-23File: 5 Expenditures Details of FY 2022-23.pdf | 20 Jul 2024 |
| RTC sy_no_19File: 5 RTC sy_no_19.pdf | 20 Jul 2024 |
| RTC sy_no_20_6File: 6 RTC sy_no_20_6.pdf | 20 Jul 2024 |
| RTC Sy_no_20_1File: 7 RTC Sy_no_20_1.pdf | 20 Jul 2024 |
| MR_sy_no-19File: 8 MR_sy_no-19.pdf | 20 Jul 2024 |
| MR_Sy_No_20_1_and_20_6File: 9 MR_Sy_No_20_1_and_20_6.pdf | 20 Jul 2024 |
| EC Sy No 19 1965-2024File: 10 EC Sy No 19 1965-2024.pdf | 20 Jul 2024 |
| EC Sy No 20-6 2004-2024File: 11 EC Sy No 20-6 2004-2024.pdf | 20 Jul 2024 |
| Form - B AffidavitFile: 12 Form - B Affidavit.pdf | 20 Jul 2024 |
| Clarification on Layout Work OrderFile: 13 Clarification on Layout Work Order.pdf | 20 Jul 2024 |
| CDP Map DemarcationFile: 14 CDP Map Demarcation.pdf | 20 Jul 2024 |
| Change of Land use orderFile: 15 Change of Land use order.pdf | 20 Jul 2024 |
| Title Deed Sy No 20-6 and 19File: 16 Title Deeds Sy No 20-6 and 19.pdf | 20 Jul 2024 |
| EC Sy No 20-1 2003-2024File: 17 EC Sy No 20-1 2003-2024.pdf | 20 Jul 2024 |
| Joint Affidavit from promoter & Land OwnerFile: 18 Joint Affidavit from promoter & Land Owner.pdf | 20 Jul 2024 |
| ITR and Statement of Income AdinarayanaFile: 19 ITR and Statement of Income Adinarayana.pdf | 20 Jul 2024 |
| ITR and Statement of Income Harinath ReddyFile: 20 ITR and Statement of Income Harinath Reddy.pdf | 20 Jul 2024 |
| Financials FY 2022-23File: 21 Financials FY 2022-23.pdf | 20 Jul 2024 |
| RTC, survey 19 | - |
| Mutation, survey 19 | - |
| Encumbrance Certificate, survey 19 | - |
| Conversion/Alienation Order, survey 19 | - |
| JDA, survey 19 | - |
| Khatha, survey 19 | - |
| RTC, survey 20/1 | - |
| Mutation, survey 20/1 | - |
| Encumbrance Certificate, survey 20/1 | - |
| Conversion/Alienation Order, survey 20/1 | - |
| Sale/Title/Gift Deed, survey 20/1 | - |
| Khatha, survey 20/1 | - |
| RTC, survey 20/6 | - |
| Mutation, survey 20/6 | - |
| Encumbrance Certificate, survey 20/6 | - |
| Conversion/Alienation Order, survey 20/6 | - |
| JDA, survey 20/6 | - |
| Khatha, survey 20/6 | - |
| Registration CertificateFile: Company Incorporation Certificate.pdf | - |
| Memorandum of AssociationFile: MOA.pdf | - |
| Article of AssociationFile: AOA.pdf | - |
| Certificate issued by CA Form 1File: Form 1 CA Certificate_SPDPL.pdf | - |
| Certificate issued by Engineer Form 3File: Form-3 SAHAKARA NORTH CITY.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Affidavit for Non-Litigation - Dyavrahalli - RERA.pdf | - |
| Certificate from Chartered AccountFile: Form 1 CA Certificate_SPDPL.pdf | - |
| Certificate issued by ArchitectFile: Form-2 Sahakara North City.pdf | - |
| Balance Sheet 2022 - 2023File: Financials FY 2022-23.pdf | - |
| Balance Sheet 2021 - 2022File: Audited SPDPL Financials 21-22.pdf | - |
| Balance Sheet 2020 - 2021File: Audited SPDPL Financials 20-21.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: Financials FY 2022-23.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: Audited SPDPL Financials 21-22.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Audited SPDPL Financials 20-21.pdf | - |
| Director's Report 2022 - 2023File: Financials FY 2022-23.pdf | - |
| Director's Report 2021 - 2022File: Audited SPDPL Financials 21-22.pdf | - |
| Director's Report 2020 - 2021File: Audited SPDPL Financials 20-21.pdf | - |
| Cash Flow Statement 2022 - 2023File: Financials FY 2022-23.pdf | - |
| Cash Flow Statement 2021 - 2022File: Audited SPDPL Financials 21-22.pdf | - |
| Auditor's Report 2022 - 2023File: Financials FY 2022-23.pdf | - |
| Auditor's Report 2021 - 2022File: Audited SPDPL Financials 21-22.pdf | - |
| Auditor's Report 2020 - 2021File: Audited SPDPL Financials 20-21.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: Financials FY 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: Audited SPDPL Financials 21-22.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: Audited SPDPL Financials 20-21.pdf | - |
| Final approval letter | - |
| BESCOM - Completion Cert | - |
| WATER NOC | - |
| Final Approved Plan | - |
| Final Approved Plan | - |
| Project Specification | - |
| Project Specification | - |
| Sy no 19 LEGAL OPINION | - |
| JDA Sy No 20-6 and 19 | - |
| Change of Land use order | - |
| Proforma_Agreement_of_Sale | - |
| Proforma Allotment Letter | - |
| Form - B - Dyavarahalli - RERA | - |
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Builder: SAI PANCHAMI DEVELOPERS PRIVATE LIMITED
SAI PANCHAMI DEVELOPERS PRIVATE LIMITED has 2 registrations on RERA Karnataka, including SAHAKARA NORTH CITY and GURU PUNVAANII EKA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if SAHAKARA NORTH CITY is delayed beyond 19 Apr 2024?
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 SAHAKARA NORTH CITY?
The registered promoter entity is SAI PANCHAMI DEVELOPERS PRIVATE LIMITED, a company as per the filing. Its CIN U70102KA2010PTC055468 and GSTIN 29AAQCS2955P1Z9 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 SAHAKARA NORTH CITY?
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 SAHAKARA NORTH CITY?
The professionals named in the filing: Engineer: VISHNUKUMAR; Chartered Accountant: Jayaram Srinivas Bhat. 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 SAHAKARA NORTH CITY?
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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