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SAI GOLDEN ORCHIDS PHASE- 2
RG-KA-40007 · RERA PRM/KA/RERA/1254/464/PR/190107/002279
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 GOLDEN ORCHIDS PHASE- 2 is a Plotted Development project by AASTHA PROPERTIES in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/464/PR/190107/002279 on 7 Jan 2019. Possession is promised by 31 Mar 2018.
At a glance
Project
- NameSAI GOLDEN ORCHIDS PHASE- 2
- TypePlotted Development
- Location
- Gudibanda
- Chikkaballapura
- PincodeNot stated
- RERA no.PRM/KA/RERA/1254/464/PR/190107/002279
- ReraGenie IDRG-KA-40007
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on7 Jan 2019
- Promised completion31 Mar 2018
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed25 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 filed25
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/190107/002279 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: Company Registration Certificate.pdf | - |
| approval_Min | - |
| plan_Compressed | - |
| plan_Compressed | - |
| 111-3 Draft deed (1) | - |
| ADVANCE AGREEMENT FOR SALE | - |
| Sale deed with RTC | - |
| plan_Compressed | - |
| Broucher | - |
| Ameneties | - |
| EC Final | - |
| update rtc | - |
| MOU | - |
| DC CONVERSION OF SYNO 111(3) PH-2 | - |
| plan_Compressed | - |
| plan_Compressed | - |
| DC | - |
| Balance Sheet 2016 - 2017File: under progress.pdf | - |
| Balance Sheet 2015 - 2016File: BS FY 2015-16.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: under progress.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: P&L FY 2015-16.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: under progress.pdf | - |
| Prospectus/BrochureFile: Aastha Properties Paper Add SGO and 68 sites.pdf | - |
| Advertisement Copy 1File: Paper Add Sai Golden Orchids.pdf | - |
| Plot Excel SheetFile: PRM_KA_RERA_1254_464_PR_190107_002279.xlsx | - |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| SAI GOLDEN ORCHIDS | - | Ongoing | Feb 2019 | Not delivered |
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How this compares with Chikkaballapura
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 PHASE- 2 is delayed beyond 31 Mar 2018?
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 PHASE- 2?
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 PHASE- 2?
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 PHASE- 2?
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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