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SAI KRISHNA ELITE
RG-KA-26220 · RERA PRM/KA/RERA/1251/446/PR/181122/005484 · Last updated on RERA Karnataka portal: 15 Nov 2022
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
SAI KRISHNA ELITE is a Residential/Group Housing project by SAI KRISHNA DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/181122/005484 on 18 Nov 2022. Possession is promised by 31 Mar 2024.
At a glance
Project
- NameSAI KRISHNA ELITE
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/446/PR/181122/005484
- ReraGenie IDRG-KA-26220
Builder
- NameSAI KRISHNA DEVELOPERS
- Entity typePartnership Firm
- GSTIN29ABFFS8980H1ZG
- Authorized SignatoryG BHASKAR NAIDU
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on18 Nov 2022
- Promised completion31 Mar 2024
- Revised completionNone
- Buildings1 building record
- Documents filed81 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SAI KRISHNA ELITE | - | - | - | 48 | 0 | 48 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 Nov 2022, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | - |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | - |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
As on 15 Nov 2022, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | Yes | - |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | - |
| Basement | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas | Yes | - |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership1
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 |
|---|---|---|
| SAI KRISHNA DEVELOPERS Rep. by Its Managing Partner Mr. G Bhaskar Naidu | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 18.13 cr | - |
| Payment of taxes | Rs 1.00 cr | - |
| Principal sum and interest payable to financial institutions-Scheduled Banks | Rs 72.00 lakh | - |
| On-site expenditure-Site Overhead | Rs 50.00 lakh | - |
| Payment of fees | Rs 50.00 lakh | - |
| On-site expenditure-Salaries of workers | Rs 22.00 lakh | - |
| Payment of cess | Rs 21.43 lakh | - |
| On-site expenditure-Consultants Fees | Rs 4.50 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 1 | - |
| Payment of charges | Rs 1 | - |
| Payment of Premiums | Rs 1 | - |
| Principal sum and interest payable to financial institutions-Non Banking financial institution (NBFC) | Rs 1 | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | G BHANUMATHY |
| Engineer | SRINIVAS RAO BOLIMUNTA |
| Chartered Accountant | M PRASAD |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed81
As listed on the registration, under the names the promoter filed them with; the newest 80 of 81 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/181122/005484 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Inam regarnt orderFile: Inam Regret Copy.pdf | 15 Nov 2022 |
| Phody MRFile: Phody MR Elite.pdf | 15 Nov 2022 |
| Partnership DeedFile: Partnership Deed_Sai Krishna.pdf | 23 Oct 2022 |
| 2021-22 Balance sheet, profit and loss accountFile: Sai Krishna Developers 22-23 IT Returns.pdf | 23 Oct 2022 |
| inam regrant orderFile: Inam Regrant Order.pdf | 23 Oct 2022 |
| certified copy obtained by the concerned Sub-registrarFile: Sub Registrar.pdf | 23 Oct 2022 |
| hissa phody copyFile: Hissa Phody Copy.jpg | 23 Oct 2022 |
| akarband and survey sketchFile: Akarbandh_Survey Sketch.pdf | 23 Oct 2022 |
| brief estimated cost of constructionFile: Sai Krishna Estimation.pdf | 23 Oct 2022 |
| Certificate from Registered Engineer indicating the structural safetyFile: Stability Certificate.pdf | 23 Oct 2022 |
| Change of land use copyFile: Elite Change of Land.pdf | 23 Oct 2022 |
| RTC, survey 8/2 | - |
| Mutation, survey 8/2 | - |
| Encumbrance Certificate, survey 8/2 | - |
| Sale/Title/Gift Deed, survey 8/2 | - |
| Khatha, survey 8/2 | - |
| Registration CertificateFile: Registration Certificate.jpg | - |
| Partnership DeedFile: Partnership Deed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form - Reg 1.pdf | - |
| Certificate issued by Architect Form 2File: Arc Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Eng Certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Affidavit NON Litigation.pdf | - |
| Certificate from Chartered AccountFile: CA Certificate-1.pdf | - |
| Balance Sheet 2020 - 2021File: BS 20-21.pdf | - |
| Balance Sheet 2019 - 2020File: BS 19-20.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: PL 20-21.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: PL 19-20.pdf | - |
| Auditor's Report 2020 - 2021File: Auditor Report 20-21.pdf | - |
| Auditor's Report 2019 - 2020File: Audit Report 19-20.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR 20-21.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 19-20.pdf | - |
| Commencement Certificate | - |
| BESCOM NOC | - |
| BWSSB NOC | - |
| Approved Plan PDF | - |
| Section Plan | - |
| Section Plan | - |
| Specifications | - |
| Section Plan | - |
| Approved Plan PDF | - |
| Advocate Seach Report | - |
| Sale Deed | - |
| Conversion Order Copy | - |
| Sale Deed | - |
| Proforma - Sale Agreement | - |
| Allotment Letter | - |
| Form B | - |
| Affidavit 3(1) Voliation | - |
| BESCOM NOC | - |
| BWSSB NOC | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| KSPCB NOC | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| BBMP Property Tax Receipt | - |
| SBR_DesignDetails_40 KLD_WI | - |
| ITR 18-19 | - |
| Building Licence Copy | - |
| Sub Registrar | - |
| Gift Deed | - |
| Partiton Deed - P Anitha | - |
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Builder: SAI KRISHNA DEVELOPERS
SAI KRISHNA DEVELOPERS has 1 registration on RERA Karnataka, including SAI KRISHNA ELITE. 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 KRISHNA ELITE is delayed beyond 31 Mar 2024?
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 KRISHNA ELITE?
The registered promoter entity is SAI KRISHNA DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29ABFFS8980H1ZG can be cross-checked on the MCA and GST portals. 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 KRISHNA ELITE?
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 KRISHNA ELITE?
The professionals named in the filing: Architect: G BHANUMATHY; Engineer: SRINIVAS RAO BOLIMUNTA; Chartered Accountant: M PRASAD. 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 KRISHNA ELITE?
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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