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Registration approved Residential/Group Housing project

Sai Matha Garden

By Matha Developers Pvt Ltd

RG-KA-15828 · RERA PRM/KA/RERA/1257/334/PR/180208/001011

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
May 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 61 documents Report an error

Sai Matha Garden is a Residential/Group Housing project by Matha Developers Pvt Ltd in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/180208/001011 on 8 Feb 2018. Possession is promised by 31 May 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSai Matha Garden
  • TypeResidential/Group Housing
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/180208/001011
  • ReraGenie IDRG-KA-15828

Builder

  • NameMatha Developers Pvt Ltd
  • Entity typeCompany
  • CINU45205KA2011PTC061006
  • Authorized SignatorySanthosh Kumar Shetty N
  • Other registrations6 more →

Key dates

this monthRegisteredFeb 2018First promiseMay 2019Revised toMay 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Feb 2018
  • Promised completion31 May 2020
  • Revised completionRevised to 31 May 2020 (originally 31 May 2019)
  • Buildings8 building records
  • Documents filed61 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MATHA EMERALD---36036
MATHA OPAL---48048
MATHA DIAMOND---36036
MATHA RUBY---36036
MATHA PEARL---36036
MATHA CRYSTAL---48048
MATHA SHAPPIRE---40040
SAIMATHA COMPLEX---303

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
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-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsNoNot applicable
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityNoNot applicable
Swimming PoolYes-
GymNoNot applicable
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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 area9,874 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 45.18 cr

Extensions applied for2

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

ExtensionMay 2019 → Feb 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1257/334/PR/200702/001011Feb 2021 → May 2020

Reason as filed by the promoterShortage of Building Materials, Concrete, Jalli etc

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed61

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/1257/334/PR/180208/001011 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Comapany reg 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 Certificate - Funds Utilized.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 Certificate - Funds Required.pdf-
AffidavitFile: Resolution & Affidavit_.pdf-
Latest Encumbrance CertificateFile: up to October 2019_.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Paper cuttings.PDF-
Document 2File: affidavit under under sec 18(1).pdf-
Document 3File: Explanation.pdf-
Document 4File: PDF.pdf-
Document 5File: RERA - 819.pdf-
Document 6File: CA Certificate - Funds Utilized.pdf-
Document 7File: CA Certificate - Funds Required.pdf-
Document 8File: Clarification on Account Change.pdf-
Document 9File: Account Change Request.PDF-
Document 10File: affidavit under under sec 18(1).pdf-
Document 11File: Old account statement.pdf-
Document 12File: New Account.PDF-
Document 13File: Saimatha Garden Collection Account.pdf-
Document 14File: CA Certificate - Funds Utilized.pdf-
Commencement cert 1-
8-
Sai matha Approved plan-
Sale Deed Draft - Copy-
sale Agreement sai matha-
sai matha khata-
Approve Plan-
9-
allotement Sai matha-
Brochure Sai matha-
Noc All 1-
specifiation sai matha-
sai matha EC-
sai matha khata-
Sai Matha Garden JDA-
Title Deed & sale Deed-
Conversion-
Fire Noc Sai matha (2)-
Balance Sheet 2015 - 2016File: Balance sheet 2016.pdf-
Balance Sheet 2014 - 2015File: Balance sheet 2015.pdf-
Balance Sheet 2013 - 2014File: Balance sheet 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P&L 2014.pdf-
Director's Report 2015 - 2016File: Directors report.pdf-
Director's Report 2014 - 2015File: Directors report.pdf-
Director's Report 2013 - 2014File: Directors report.pdf-
Cash Flow Statement 2015 - 2016File: Cash flow.pdf-
Cash Flow Statement 2014 - 2015File: Cash flow.pdf-
Auditor's Report 2015 - 2016File: Audit report LOW.pdf-
Auditor's Report 2014 - 2015File: Audit report LOW.pdf-
Auditor's Report 2013 - 2014File: Audit report LOW.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR.pdf-
Affidavit Sai matha-
Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_180208_001011.xlsx-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 12 months
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

2 kmSai Matha GardenOther 16Dot size: filed unitsN

Filed coordinates, straight-line distance. 16 registered projects within 2 km.

Builder: Matha Developers Pvt Ltd

Matha Developers Pvt Ltd has 7 registrations on RERA Karnataka, including Matha Shushiganga Residency and Matha Residency. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if Sai Matha Garden is delayed beyond 31 May 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 Matha Garden?

The registered promoter entity is Matha Developers Pvt Ltd, a company as per the filing. Its CIN U45205KA2011PTC061006 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 Matha Garden?

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 Matha Garden?

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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