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Sai Balaji Nagar
RG-KA-33026 · RERA PRM/KA/RERA/1248/440/PR/201029/003680 · Last updated on RERA Karnataka portal: 29 Oct 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
Saved.
Sai Balaji Nagar is a Plotted Development project by Sai Balaji Builders in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/440/PR/201029/003680 on 29 Oct 2020. Possession is promised by 31 Mar 2021.
At a glance
Project
- NameSai Balaji Nagar
- TypePlotted Development
- Location
- Hospet
- Vijayanagara
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1248/440/PR/201029/003680
- ReraGenie IDRG-KA-33026
Builder
- NameSai Balaji Builders
- Entity typePartnership Firm
- Authorized SignatoryA Suresh Babu
- Board MembersKolli Sree Usha, A Saroja, A Sunil Kumar
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on29 Oct 2020
- Promised completion31 Mar 2021
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed80 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 |
|---|---|---|
| A Saroja | - | - |
| A Suresh Babu | - | - |
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Kolli Sree Usha |
| Engineer | Raviprasad N P |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed80
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/1248/440/PR/201029/003680 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 StatementFile: Bank Statement.pdf | 29 Oct 2020 |
| Axis Bank letter about project account in the name of projectFile: Passbook with statement.pdf | 29 Oct 2020 |
| Cheque leafFile: Cheque leaf.pdf | 29 Oct 2020 |
| Clarification about covered and open area and total area about residential unitFile: Clarification about covered and open are and total area.PDF | 29 Oct 2020 |
| Passbook and Bank StatementFile: Passbook with statement.pdf | 28 Oct 2020 |
| Encumbrance Certificate from 30-06-2020File: EC from 30-06-2020 to till date.pdf | 28 Oct 2020 |
| Clarification letter about Area StatementFile: Clarification letter.pdf | 28 Oct 2020 |
| Relinquishment Deed to HUDAFile: Relinguishment Deed to HUDA.pdf | 28 Oct 2020 |
| Relinguishment Deed to CMCFile: Relinquishment Deed to CMC.pdf | 28 Oct 2020 |
| CertificateFile: Company Incorporation Certificate.pdf | - |
| Approval Letter | - |
| Approved plan | - |
| layout plan with demarcation plan | - |
| All Sale Deeds | - |
| Approved plan | - |
| layout plan with demarcation plan | - |
| Specification | - |
| upto date EC | - |
| Sec 3(1) Non violation Affidavit | - |
| Joint Declaration Affidavit | - |
| KHATHA MR AND RTC | - |
| MOU | - |
| Sai Balaji Builders Partnership deed_compressed | - |
| Conversion Order | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| GESCL NOC | - |
| water NOC | - |
| 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 | - |
| layout plan with demarcation plan | - |
| approval letter plan specifications | - |
| Unnamed document | - |
| Balance Sheet 2019 - 2020File: statement.pdf | - |
| Balance Sheet 2018 - 2019File: statement.pdf | - |
| Balance Sheet 2017 - 2018File: statement.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: statement.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: statement.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: statement.pdf | - |
| Director's Report 2019 - 2020File: statement.pdf | - |
| Director's Report 2018 - 2019File: statement.pdf | - |
| Director's Report 2017 - 2018File: statement.pdf | - |
| Cash Flow Statement 2019 - 2020File: statement.pdf | - |
| Cash Flow Statement 2018 - 2019File: statement.pdf | - |
| Auditor's Report 2019 - 2020File: statement.pdf | - |
| Auditor's Report 2018 - 2019File: statement.pdf | - |
| Auditor's Report 2017 - 2018File: statement.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: statement.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: statement.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: statement.pdf | - |
| Form B affidavit | - |
| Prospectus/BrochureFile: advt prop.pdf | - |
| Advertisement Copy 1File: advt prop.pdf | - |
| Plot Excel SheetFile: PRM_KA_RERA_1248_440_PR_201029_003680.xlsx | - |
| Final plan technical sanction LetterFile: reraDocument.pdf | - |
| Final layout plan sanctionedFile: reraDocument LAY.pdf | - |
| Completion CertificateFile: Completion Certificate from HUDA 20112020.JPG | - |
| Relinquishment deed executed handed over detailsFile: all documents pages suresh babu.pdf | - |
| Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: Completion certificate from PWD 31082020.JPG | - |
| Certificate issued by the Karnataka Urban Water supplyFile: Completion Certificate from Water Board 27032020.JPG | - |
| Certificate issued by the concerned power supply(ESCOM'S)File: Completion Certificate from GESCOM 10072020.JPG | - |
| Chartered Accountant Certificate (Form-4)File: Form 4 c c.pdf | - |
| Architect's Certificate (Form-5)File: Kaagaz_20210329_130034851.pdf | - |
| Engineer's Certificate (Form-6)File: Sai Balaji Builders Eng Certificate.pdf | - |
| Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Sai Balaji Builders Notary copy.pdf | - |
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Builder: Sai Balaji Builders
Sai Balaji Builders has 1 registration on RERA Karnataka, including Sai Balaji Nagar. 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 Sai Balaji Nagar is delayed beyond 31 Mar 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 Sai Balaji Nagar?
The registered promoter entity is Sai Balaji Builders, 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 Sai Balaji Nagar?
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 Sai Balaji Nagar?
The professionals named in the filing: Architect: Kolli Sree Usha; Engineer: Raviprasad N P. 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 Sai Balaji Nagar?
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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