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Registration approved Plotted Development project

SAI GOLDEN ORCHIDS

By AASTHA PROPERTIES

RG-KA-25311 · RERA PRM/KA/RERA/1254/464/PR/180524/001821

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
Feb 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 35 documents Report an error

SAI GOLDEN ORCHIDS is a Plotted Development project by AASTHA PROPERTIES in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/464/PR/180524/001821 on 24 May 2018. Possession is promised by 28 Feb 2019.

At a glance

Project

  • NameSAI GOLDEN ORCHIDS
  • TypePlotted Development
  • Location
    • Gudibanda
    • Chikkaballapura
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1254/464/PR/180524/001821
  • ReraGenie IDRG-KA-25311

Builder

  • NameAASTHA PROPERTIES
  • Entity typePartnership Firm
  • Authorized SignatoryAJAY PRASAD G
  • OthersKALAVATHI S
  • Other registrations4 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredMay 2018PromisedFeb 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on24 May 2018
  • Promised completion28 Feb 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed35 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 area8,599 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 35.00 lakh

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed35

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/1254/464/PR/180524/001821 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Company Registration Certificate.pdf-
APPROVAL COPY-
APPROVAL PLAN-
APPROVAL PLAN-
draft sale deed-
draft sale agreement-
sale deed and RTC-
APPROVAL PLAN-
APPROVAL PLAN-
broucher-
amenities-
EC-
katha-
mou aastha-
dc conversion_Final-
dc conversion_Final-
Balance Sheet 2016 - 2017File: under progress.pdf-
Balance Sheet 2015 - 2016File: under progress.pdf-
Balance Sheet 2014 - 2015File: Balance sheeet-Sd.pdf-
Audited Profit and Loss Statement 2016 - 2017File: under progress.pdf-
Audited Profit and Loss Statement 2015 - 2016File: under progress.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L -Sd.pdf-
Auditor's Report 2016 - 2017File: under progress.pdf-
Auditor's Report 2015 - 2016File: under progress.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: audit.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: audit.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: audit.pdf-
Prospectus/BrochureFile: Paper Add Sai Golden Orchids.pdf-
Advertisement Copy 1File: Aastha Properties Paper Add SGO and 68 sites.pdf-
Advertisement Copy 2File: Aastha Properties Paper Add SGO and 68 sites.pdf-
Advertisement Copy 3File: Aastha Properties Paper Add SGO and 68 sites.pdf-
Advertisement Copy 4File: Aastha Properties Paper Add SGO and 68 sites.pdf-
Advertisement Copy 5File: Aastha Properties Paper Add SGO and 68 sites.pdf-
Advertisement Copy 6File: Aastha Properties Paper Add SGO and 68 sites.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1254_464_PR_180524_001821 (1).xlsx-

How this compares with Chikkaballapura

27%of Chikkaballapura projects moved their completion datethis one has not
1%of Chikkaballapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 170+ Chikkaballapura projects on ReraGenie, from their own filings.

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Builder: AASTHA PROPERTIES

AASTHA PROPERTIES has 5 registrations on RERA Karnataka, including SAI GOLDEN ORCHIDS and SAI GOLDEN ORCHIDS PHASE- 2. Its filings declare 2 earlier projects, none of them declared completed. Read the full track record. See more projects on the Chikkaballapura district page.

Frequently asked questions

What are my rights if SAI GOLDEN ORCHIDS is delayed beyond 28 Feb 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 GOLDEN ORCHIDS?

The registered promoter entity is AASTHA PROPERTIES, 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 GOLDEN ORCHIDS?

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 GOLDEN ORCHIDS?

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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About SAI GOLDEN ORCHIDS. 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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