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Registration approved No litigation declared Plotted Development project

SAI METROCITY 8TH PHASE

By SAI RENIIT PROJECTS PVT LTD

RG-KA-01350 · RERA PRM/KA/RERA/1251/308/PR/310123/005670 · Last updated on RERA Karnataka portal: 19 Jan 2023

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No litigation declared
  • Separate project account declared
Jun 2025Possession promisedmoved 12 months from the original
1Complaints at RERA Karnatakaon this registration
Jump to the 116 documents Report an error

SAI METROCITY 8TH 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/310123/005670 on 31 Jan 2023. Possession is promised by 25 Jun 2025. The completion date has moved by 12 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameSAI METROCITY 8TH PHASE
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
    • 562125
  • Pincode562125
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/308/PR/310123/005670
  • ReraGenie IDRG-KA-01350

Builder

  • NameSAI RENIIT PROJECTS PVT LTD
  • Entity typeCompany
  • CINU70100KA2013PTC072016
  • Authorized SignatoryK MUNIKRISHNAPPA
  • Managing DirectorK MUNIKRISHNAPPA
  • DirectorMANJULA V
  • Project HeadP M VINOD
  • Other registrations4 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredJan 2023First promiseJun 2024Revised toJun 2025

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Jan 2023
  • Promised completion25 Jun 2025
  • Revised completionRevised to 25 Jun 2025 (originally 30 Jun 2024)
  • BuildingsNot stated in filing
  • Documents filed116 files

The full filing

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

Land and ownership8

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners8
LandownerVillageDistrict
N RAMASWAMY--
CHANDRASHEAKRA REDDY P K--
T KRISHNAREDDY--
K L NAGESH--
T KRISHNAREDDY--
T KRISHNAREDDY--
CHOWDAPPA--
CHOWDAPPA--

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 4.50 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 3.50 cr-
Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for constructionRs 50.00 lakh-
On-site expenditure-Salaries of workersRs 30.00 lakh-
On-site expenditure-Consultants FeesRs 5.00 lakh-
On-site expenditure-Site OverheadRs 5.00 lakh-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 5.00 lakh-
Payment of taxesRs 5.00 lakh-

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
EngineerP KRISHNAMURHTY
Chartered AccountantR. NATARAJAN

Extensions applied for1

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

EX/PRM/KA/RERA/1251/308/PR/241010/005670Jun 2024 → Jun 2025

Reason as filed by the promoterShortage of Labour; Applied for modification

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
00146/2024-SAI RENIIT PROJECTS PVT LTD30/01/2024

Documents filed116

As listed on the registration, under the names the promoter filed them with; the newest 80 of 116 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/310123/005670 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
COMPLYING TO QUERIES RAISED ON 16.01.2023File: query 16 1 23 agreement allotment letter & keb receipt.pdf19 Jan 2023
AGREEMENT OF SALE - PROFORMAFile: AGREEMENT OF SALE NEW.pdf19 Jan 2023
ALLOTMENT LETTERFile: ALLOTMENT LETTER NEW.pdf19 Jan 2023
BESCOM APPLICATION/NOC/RECEIPTFile: keb application & receipt.pdf19 Jan 2023
COMPLYING TO QUERIES RAISED ON 30-12-2022File: QUERY REPORTS_compressed (1).pdf7 Jan 2023
RTC, survey 39/4-
Mutation, survey 39/4-
Encumbrance Certificate, survey 39/4-
Conversion/Alienation Order, survey 39/4-
Sale/Title/Gift Deed, survey 39/4-
Khatha, survey 39/4-
RTC, survey 96/2-
Mutation, survey 96/2-
Encumbrance Certificate, survey 96/2-
Conversion/Alienation Order, survey 96/2-
Sale/Title/Gift Deed, survey 96/2-
Khatha, survey 96/2-
RTC, survey 96/3-
Mutation, survey 96/3-
Encumbrance Certificate, survey 96/3-
Conversion/Alienation Order, survey 96/3-
Sale/Title/Gift Deed, survey 96/3-
Khatha, survey 96/3-
RTC, survey 97/3-
Mutation, survey 97/3-
Encumbrance Certificate, survey 97/3-
Conversion/Alienation Order, survey 97/3-
Sale/Title/Gift Deed, survey 97/3-
Khatha, survey 97/3-
RTC, survey 98/2-
Mutation, survey 98/2-
Encumbrance Certificate, survey 98/2-
Conversion/Alienation Order, survey 98/2-
Sale/Title/Gift Deed, survey 98/2-
Khatha, survey 98/2-
RTC, survey 98/5-
Mutation, survey 98/5-
Encumbrance Certificate, survey 98/5-
Conversion/Alienation Order, survey 98/5-
Sale/Title/Gift Deed, survey 98/5-
Khatha, survey 98/5-
RTC, survey 98/3-
Mutation, survey 98/3-
Encumbrance Certificate, survey 98/3-
Conversion/Alienation Order, survey 98/3-
Sale/Title/Gift Deed, survey 98/3-
Khatha, survey 98/3-
RTC, survey 98/4-
Mutation, survey 98/4-
Encumbrance Certificate, survey 98/4-
Conversion/Alienation Order, survey 98/4-
Sale/Title/Gift Deed, survey 98/4-
Khatha, survey 98/4-
Registration CertificateFile: INCORPORATTION - SAIRENIIT.pdf-
Organization StructureFile: Orgenization structure.xlsx-
Certificate issued by CA Form 1File: for 1 ca certificte for regn.pdf-
Certificate issued by Engineer Form 3File: form2 engg cert registration.jpg-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non Litigation Affidavit.pdf-
Certificate from Chartered AccountFile: for 1 ca certificte for regn.pdf-
Certificate issued by ArchitectFile: form architech registration.jpg-
Balance Sheet 2021 - 2022File: BALANCE SHEET 2021-22.pdf-
Balance Sheet 2020 - 2021File: BS 2020-21.pdf-
Balance Sheet 2019 - 2020File: BS 19-20.pdf-
Audited Profit and Loss Statement 2021 - 2022File: P&l 2021-22.pdf-
Audited Profit and Loss Statement 2020 - 2021File: P&L 2020-21.pdf-
Audited Profit and Loss Statement 2019 - 2020File: P&l 19-20.pdf-
Director's Report 2021 - 2022File: DIRECTORS REPORT 2021-22_compressed.pdf-
Director's Report 2020 - 2021File: DIRECTORS REPORT 20-21_compressed.pdf-
Director's Report 2019 - 2020File: DIRECTORS REPORT 19-20_compressed.pdf-
Cash Flow Statement 2021 - 2022File: CASH FLOW STATEMENT 2021-22.pdf-
Cash Flow Statement 2020 - 2021File: CASH FLOW 20-21.pdf-
Auditor's Report 2021 - 2022File: AUDIT REPORT 2021-22_compressed_compressed.pdf-
Auditor's Report 2020 - 2021File: DIRECTORS REPORT 20-21_compressed.pdf-
Auditor's Report 2019 - 2020File: AUDIT REPORT 19-20_compressed.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: INCOMETAX RETURN ACK 2021-22.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: IRV ACK 2020-21.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITRV 19-20.pdf-
Commencement Certificate-

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.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
SAI METROCITY 5TH PHASESY NO 28/1 29/2 & 29/5 SAI METROCITY 5TH PAHSE CHIKKANAHALLI /KAMANAHALLI SARJAPURA HOBLI ANEKAL TALUK BANGALORE URBAN DISTRICTOngoingJan 2023Not delivered

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmSAI METROCITY 8TH PHASEOther 6Dot size: filed unitsN

Filed coordinates, straight-line distance. 6 registered projects within 2 km.

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 METROCITY 8TH PHASE is delayed beyond 25 Jun 2025?

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 METROCITY 8TH 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 METROCITY 8TH 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 METROCITY 8TH 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.

Who certifies construction progress at SAI METROCITY 8TH PHASE?

The professionals named in the filing: Engineer: P KRISHNAMURHTY; Chartered Accountant: R. NATARAJAN. 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 METROCITY 8TH 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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