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Sai Metro city 5th phase
By Sai Reniit Projects Pvt Ltd
RG-KA-16397 · RERA PRM/KA/RERA/1251/308/PR/200618/003452 · Last updated on RERA Karnataka portal: 4 Jun 2020
Source: official RERA Karnataka filing
Red flags
- 2 complaints at RERA Karnataka
- Completion date moved by 17 months
- 2 extensions taken
Clear
- Separate project account declared
Saved.
Sai Metro city 5th phase is a Plotted Development project by Sai Reniit Projects Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/200618/003452 on 18 Jun 2020. Possession is promised by 10 Jun 2023. The completion date has moved by 17 months from the original filing. 2 complaints are on record with the regulator.
At a glance
Project
- NameSai Metro city 5th phase
- TypePlotted Development
- Location
- Anekal
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/308/PR/200618/003452
- ReraGenie IDRG-KA-16397
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on18 Jun 2020
- Promised completion10 Jun 2023
- Revised completionRevised to 10 Jun 2023 (originally 10 Jan 2022)
- BuildingsNot stated in filing
- Documents filed108 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
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 |
|---|---|---|
| K Munikrishnappa | - | - |
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.
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Reason as filed by the promoterDelay in Approvals
Complaints filed with RERA Karnataka2
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CMP/200923/0006649 | - | Sai Reniit Projects Pvt Ltd | 23/09/2020 |
| CMP/200923/0006648 | - | Sai Reniit Projects Pvt Ltd | 23/09/2020 |
Documents filed108
As listed on the registration, under the names the promoter filed them with; the newest 80 of 108 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/200618/003452 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| COST OF CONSTRUCTIONFile: COST OF CUNSTRUCTION.pdf | 4 Jun 2020 |
| As per query raised to fulfill the total construction area and total covered area detailsFile: Rera.pdf | 2 Jun 2020 |
| COMPLIANCE OF DOCUMENTS VIZ., SALE DEED, JOINT AFFIDVIT, RTC, ETC,File: QUERY DOCUMENTS WITH EXPLTION.pdf | 15 Feb 2020 |
| EC, AFFIDAVIT AND WATER LETTER, ETC.File: EC AFFIDAVIT WATER LETTER.pdf | 12 Feb 2020 |
| MOA, AOA & Incorporation CertificateFile: Company Certificate.pdf | 6 Feb 2020 |
| Directers Repoet 2019-2020File: Directers Repoet 2019-2020.pdf | 24 Jan 2020 |
| Payment ReceiptFile: Payment Receipt.pdf | 24 Jan 2020 |
| Affidavit 3-1File: Affidavit 3-1.pdf | 24 Jan 2020 |
| Relinquishment DeedFile: Relinquishment Deed.pdf | 24 Jan 2020 |
| KhataFile: Khata.pdf | 24 Jan 2020 |
| Cost Of Construction covered areaFile: Cost Of Construction covered area.pdf | 24 Jan 2020 |
| Architect Certificate for Work Completion Schedule till DateFile: FORM EX-1 ARCH CERTIFICATE.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: FORM -EX-5 ENGINEERS CERTIFICATE.pdf | - |
| CA Certificate for Funds UtilizationFile: CA CERF FUND UTILIZED.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: FORM EX-2 ARCH CERTIFICATE STATUS.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: FORM -EX-5 ENGINEERS CERTIFICATE.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: CA CERTF FUNDS REQUIRED_compressed.pdf | - |
| AffidavitFile: Affidavit cum Declaration _compressed.pdf | - |
| Latest Encumbrance CertificateFile: Survey Number29-29 2 3 5.pdf | - |
| Consent letter from 2/3rd of AllotteesFile: Allotee Consent Letter-SMC-V-Phase_compressed.pdf | - |
| Details Of Sold/ Un-sold UnitsFile: Sold & Un-sold-V.xlsx | - |
| NOC DetailsFile: Water letter.jpg | - |
| NOC DetailsFile: Panchyat Raj.jpg | - |
| NOC DetailsFile: KEB NOC-SMC-V-Phase.jpg | - |
| NOC DetailsFile: Park-letter.jpg | - |
| Document 1File: REASONS FOR DELAY LETTER_compressed.pdf | - |
| Commencement Certificate Approval letter | - |
| Transfer of development rights certificate | - |
| Sanction Layout Plan | - |
| Proforma for Sale Deed | - |
| Proforma of Agreement for Sale | - |
| Sale Deed & RTC | - |
| Transfer of development rights certificate | - |
| Transfer of development rights certificate | - |
| Transfer of development rights certificate | - |
| BROCHUR | - |
| Transfer of development rights certificate | - |
| Encumbrance Certificate | - |
| Transfer of development rights certificate | - |
| Transfer of development rights certificate | - |
| Transfer of development rights certificate | - |
| Transfer of development rights certificate | - |
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| Transfer of development rights certificate | - |
| Transfer of development rights certificate | - |
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| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Sanction Layout Plan | - |
| Sanction Layout Plan | - |
| Transfer of development rights certificate | - |
| Unnamed document | - |
| Balance Sheet 2018 - 2019File: Balance Sheet 2019.pdf | - |
| Balance Sheet 2017 - 2018File: Balance Sheet.pdf | - |
| Balance Sheet 2016 - 2017File: Balance Sheet.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Audited Profit and Loss Statement.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: Audited Profit and Loss Statement.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: Audited Profit and Loss Statement.pdf | - |
| Director's Report 2018 - 2019File: Director's Report.pdf | - |
| Director's Report 2017 - 2018File: Director's Report.pdf | - |
| Director's Report 2016 - 2017File: Director's Report.pdf | - |
| Cash Flow Statement 2018 - 2019File: Cash Flow Statement.pdf | - |
| Cash Flow Statement 2017 - 2018File: Cash Flow Statement.pdf | - |
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Builder: Sai Reniit Projects Pvt Ltd
SAI RENIIT PROJECTS PVT LTD has 5 registrations on RERA Karnataka, including SAI METRO CITY 9TH PHASE and SAI PARADISE EXTENSION. Its filings declare 2 earlier projects, none of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if Sai Metro city 5th phase is delayed beyond 10 Jun 2023?
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 Metro city 5th phase?
The registered promoter entity is Sai Reniit Projects Pvt Ltd, a company as per the filing. Its CIN U70100KA2013PTC072016 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 Metro city 5th phase?
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 Metro city 5th phase?
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.
What should I check before booking in Sai Metro city 5th phase?
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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