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Registration approved No litigation declared Residential/Group Housing project

Sai Padma

By M/S. Yamini builders & developers

RG-KA-54837 · RERA PRM/KA/RERA/1257/334/PR/020722/005042 · Last updated on RERA Karnataka portal: 18 Jun 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
Jul 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 66 documents Report an error

Sai Padma is a Residential/Group Housing project by M/S. Yamini builders & developers in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/020722/005042 on 2 Jul 2022. Possession is promised by 31 Jul 2024.

At a glance

Project

  • NameSai Padma
  • TypeResidential/Group Housing
  • Location
    • Mangalore
    • Dakshina Kannada
    • 575003
  • Pincode575003
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/020722/005042
  • ReraGenie IDRG-KA-54837

Builder

  • NameM/S. Yamini builders & developers
  • Entity typePartnership Firm
  • GSTIN29AABFY1906A1ZI
  • Authorized SignatoryDamodar D
  • Other registrations1 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredJul 2022PromisedJul 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on2 Jul 2022
  • Promised completion31 Jul 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed66 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Sai Padma---24024

The full filing

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

Construction progress by building1

As on 18 Jun 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:

ActivityProgress
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)Not applicable
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-
Weather Proof work(tile,concrete)-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work-
Internal and External work including landscapes as per sanctioned drawingsNot applicable

Progress on shared amenities40

As on 18 Jun 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 facilityProposedProgress
Water SupplyYes-
Sewage and Drainage SystemYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes-
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes-
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
Piped GasNoNot applicable
Water and SanitationYes-
Air ConditioningNoNot applicable
StaircasesYes-
LiftsYes-
Corridor/LobbiesYes-
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership7

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

Land area1,056 sq m
Named landowners7
LandownerVillageDistrict
PUSHPALATHA V. ANCHAN--
MANISH LAXMAN KOTIAN--
KALAVATHI RAGHU KARKERA--
SULEKHA PRAKASH SALIAN--
TILAKESH LAXMAN KOTIAN--
LOKESH T. SALIAN--
PURUSHOTHAM T. SALIAN--

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 5.66 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 5.37 cr-
On-site expenditure-Site OverheadRs 10.00 lakh-
On-site expenditure-Consultants FeesRs 9.50 lakh-
On-site expenditure-Salaries of workersRs 6.90 lakh-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 2.33 lakh-

Certifying professionals and partners3

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

RoleName
ArchitectLathish kotian
EngineerDevadas C Kamath
Chartered AccountantShravana dota

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed66

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/020722/005042 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
K2 ChallanFile: PAYMENT SAI PADMA_380.pdf18 Jun 2022
Notarized Form-B AffidavitFile: declaration form-b.pdf18 Jun 2022
certified copy obtained by Sub-registrarFile: Guidance Value (2).pdf18 Jun 2022
Project SpecificationFile: sai padma project specification.pdf18 Jun 2022
STPFile: STP LOCATION AND DRAWING SAI PADMA.pdf18 Jun 2022
approved building planFile: Approved builidng plan.pdf18 Jun 2022
RTC, survey 935&936-
Mutation, survey 935&936-
Encumbrance Certificate, survey 935&936-
Conversion/Alienation Order, survey 935&936-
Sale/Title/Gift Deed, survey 935&936-
JDA, survey 935&936-
Khatha, survey 935&936-
Registration CertificateFile: PARTNER SHIP REGISTRTATION YBD.pdf-
Partnership DeedFile: Partership deed.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1 CA.pdf-
Certificate issued by Architect Form 2File: Form 2 Architects certificate.pdf-
Certificate issued by Engineer Form 3File: Form-3 engineers certificate.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: No-litigation Affidavit sai padma.pdf-
Certificate from Chartered AccountFile: CA Fund Utilization Certificate.pdf-
Balance Sheet 2020 - 2021File: Balance sheet 21-22 Ybd.pdf-
Balance Sheet 2019 - 2020File: Balance sheet 20-21 Ybd.pdf-
Balance Sheet 2018 - 2019File: balance sheet 19-20 Ybd.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Profit and loss21-22 Ybd.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit and loss 20-21 Ybd.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit and loss 19-20 Ybd.pdf-
Auditor's Report 2020 - 2021File: audit report AY 2021-22.pdf-
Auditor's Report 2019 - 2020File: audit report AY 20-21.pdf-
Auditor's Report 2018 - 2019File: audit report AY 19-20.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: IT return 21-22 Ybd.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: IT return 20-21 Ybd.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT return 19-20 ybd.pdf-
ApprovalCertificate-
Electricity permission letter-
Approved builidng plan-
sectional drawing of the apartment-
Project specifications-
sectional drawing of the apartment-
sai padma structural stability report-
Advocate search report-
Joint Development Agreement1-
CONVERSION ORDER_compressed-
other documents(purchase of muli rights)-
Proforma of agreement for sale-
A-RERA Alltmnt SAI APDMA-
Brochure Sai Padma-
Declaration form B sai padma-
Section3(1)Notarised Affidavit sai padma-
JD Affidavit cum declaration Sai padma-
Electricity NOC-
Water NOC-
Single Site Combined-
fire noc-
kspcb noc-
Relinquishment Deed-
Prospectus/BrochureFile: Sai Padma brochure.pdf-
Advertisement Copy 1File: sai.pdf-
Occupancy CertificateFile: completion letter.pdf-
Completion certificate issued by the competent authorityFile: completion letter.pdf-
Registered Agreement of SaleFile: Sale agreement saipadma.pdf-
Registered conveyance deed for an individual unitFile: sale deed agreement sai Padma_compressed.pdf-

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 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
DayaVijaya ResidencyDayaVijaya Residency, Airport Road Yeyyadi, MangaloreCompleted-No date filed

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one has not
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 PadmaOther 71Dot size: filed unitsN

Filed coordinates, straight-line distance. 71 registered projects within 2 km.

Builder: M/S. Yamini builders & developers

M/S. Yamini builders & developers has 2 registrations on RERA Karnataka, including Sai Padma and SAMBRUDHI. Its filings declare 3 earlier projects, 3 of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if Sai Padma is delayed beyond 31 Jul 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 Padma?

The registered promoter entity is M/S. Yamini builders & developers, a partnership firm as per the filing. Its GSTIN 29AABFY1906A1ZI 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 Padma?

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 Padma?

The professionals named in the filing: Architect: Lathish kotian; Engineer: Devadas C Kamath; Chartered Accountant: Shravana dota. 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 Padma?

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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