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SAI BALAJI LAYOUT
RG-KA-24765 · RERA PRM/KA/RERA/1256/327/PR/190726/002735
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
Saved.
SAI BALAJI LAYOUT is a Plotted Development project by M BHASKAR REDDY in Chitradurga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1256/327/PR/190726/002735 on 26 Jul 2019. Possession is promised by 7 Jan 2019.
At a glance
Project
- NameSAI BALAJI LAYOUT
- TypePlotted Development
- Location
- Chitradurga
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1256/327/PR/190726/002735
- ReraGenie IDRG-KA-24765
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on26 Jul 2019
- Promised completion7 Jan 2019
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed27 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.
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed27
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/1256/327/PR/190726/002735 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| commencement letter | - |
| Layout plan | - |
| Layout plan | - |
| Proforma of sale deed | - |
| Proforma of sale deed | - |
| Sale Deed & RTC | - |
| Commencement certificate Provisional Approval Letter&Plan | - |
| Commencement certificate Provisional Approval Letter&Plan | - |
| Proforma of sale deed | - |
| Brochure of current project | - |
| Project specification | - |
| EC | - |
| 3 (1) Affidavit | - |
| JD Affidavit cum declaration | - |
| Conversation certificate | - |
| Collaboration agreement | - |
| Conversation certificate | - |
| Relinquishment deed | - |
| BESCOM NOC | - |
| BWSSB | - |
| Commencement certificate Provisional Approval Letter&Plan | - |
| Commencement certificate Provisional Approval Letter&Plan | - |
| Change of land use | - |
| Income Tax Return Acknowledgement 2017 - 2018File: Income tax return 2018-2019.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: Income tax return 2017-18.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: Income tax return 2016-2017.pdf | - |
| Affidavit cum Declaration-ilovepdf-compressed2 | - |
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How this compares with Chitradurga
Computed across the 34 Chitradurga projects on ReraGenie, from their own filings.
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Builder: M BHASKAR REDDY
M BHASKAR REDDY has 2 registrations on RERA Karnataka, including SAI BALAJI LAYOUT and Sri Balaji Layout. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Chitradurga district page.
Frequently asked questions
What are my rights if SAI BALAJI LAYOUT is delayed beyond 7 Jan 2019?
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 SAI BALAJI LAYOUT?
The registered promoter entity is M BHASKAR REDDY. 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 SAI BALAJI LAYOUT?
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.
What should I check before booking in SAI BALAJI LAYOUT?
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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