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Registration approved Residential/Group Housing project

SAI CAMBRIDGE RESIDENCY

By kruthi developers

RG-KA-09151 · RERA PRM/KA/RERA/1251/446/PR/171215/000878 · Last updated on RERA Karnataka portal: 10 Oct 2020

Source: official RERA Karnataka filing

Red flags

  • 10 complaints at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Oct 2020Possession promisedmoved 12 months from the original
10Complaints at RERA Karnatakaon this registration
Jump to the 21 documents Report an error

SAI CAMBRIDGE RESIDENCY is a Residential/Group Housing project by kruthi developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171215/000878 on 15 Dec 2017. Possession is promised by 30 Oct 2020. The completion date has moved by 12 months from the original filing. 10 complaints are on record with the regulator.

At a glance

Project

  • NameSAI CAMBRIDGE RESIDENCY
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/171215/000878
  • ReraGenie IDRG-KA-09151

Builder

  • Namekruthi developers
  • Entity typePartnership Firm
  • Authorized Signatoryk.a.ashwathanarayana
  • Otherssai cambridge residency

Key dates

this monthRegisteredDec 2017First promiseOct 2019Revised toOct 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Dec 2017
  • Promised completion30 Oct 2020
  • Revised completionRevised to 30 Oct 2020 (originally 31 Oct 2019)
  • BuildingsNot stated in filing
  • Documents filed21 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 area1,979 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 10.40 cr

Certifying professionals and partners2

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

RoleName
ArchitectPAPANNA ASSOCIATES
EngineerPAPANNA ASSOCIATES

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EX/PRM/KA/RERA/1251/446/PR/220620/000878Oct 2019 → Oct 2020

Reason as filed by the promoterForce Majeure

Complaints filed with RERA Karnataka10

Case no.ComplainantRespondentFiled
CMP/190215/0002148-kruthi developers15/02/2019
CMP/191010/0004453-kruthi developers10/10/2019
CMP/200321/0005755-kruthi developers21/03/2020
CMP/201123/0007111-kruthi developers23/11/2020
CMP/210108/0007417-kruthi developers08/01/2021
CMP/210127/0007504-kruthi developers27/01/2021
CMP/210127/0007509-kruthi developers27/01/2021
CMP/210203/0007567-kruthi developers03/02/2021
CMP/210205/0007574-kruthi developers05/02/2021
CMP/220322/0009237-kruthi developers22/03/2022

Documents filed21

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/171215/000878 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
occupancy certificateFile: PAGE 1.jpeg10 Oct 2020
occupancy certificateFile: PAGE 2.jpeg10 Oct 2020
CertificateFile: vat certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: architect certificate.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: engineer Certificate.pdf-
CA Certificate for Funds UtilizationFile: CA Fund Utilization Certificate.pdf-
Architect Certificate for Pending Work Completion Schedule.File: architect certificate.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: engineer Certificate.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Fund requirement Certificate.pdf-
AffidavitFile: MSM Affidavit.pdf-
Latest Encumbrance CertificateFile: Latest EC.pdf-
Consent letter from 2/3rd of AllotteesFile: allotee latter.pdf-
Details Of Sold/ Un-sold UnitsFile: re.xlsx-
Document 1File: BBMP Noc.pdf-
Document 2File: RECEIPTS BESCOM.pdf-
Document 3File: RERA BANK.pdf-
Document 4File: CA CERTIFICATE.pdf-
Document 5File: kruthi.jpg-
Document 6File: Affidavit revised.pdf-
Document 7File: BANK STATEMENT.pdf-
EC CL-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 months
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: kruthi developers

kruthi developers has 1 registration on RERA Karnataka, including SAI CAMBRIDGE RESIDENCY. 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 SAI CAMBRIDGE RESIDENCY is delayed beyond 30 Oct 2020?

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 CAMBRIDGE RESIDENCY?

The registered promoter entity is kruthi developers, 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 CAMBRIDGE RESIDENCY?

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.

How do I read the complaint cases filed against SAI CAMBRIDGE RESIDENCY?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at SAI CAMBRIDGE RESIDENCY?

The professionals named in the filing: Architect: PAPANNA ASSOCIATES; Engineer: PAPANNA ASSOCIATES. 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 CAMBRIDGE RESIDENCY?

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; why the completion date was revised and what the new timeline depends on.

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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About SAI CAMBRIDGE RESIDENCY. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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