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Registration approved Residential/Group Housing project

SAI SAMRAKSHA

By SRI RANJANI PROPERTIES

RG-KA-99262 · RERA PRM/KA/RERA/1251/310/PR/180217/001423

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
May 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

SAI SAMRAKSHA is a Residential/Group Housing project by SRI RANJANI PROPERTIES in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180217/001423 on 17 Feb 2018. Possession is promised by 4 May 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSAI SAMRAKSHA
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/180217/001423
  • ReraGenie IDRG-KA-99262

Builder

  • NameSRI RANJANI PROPERTIES
  • Entity typePartnership Firm
  • Authorized SignatoryD. Parandama Naidu

Key dates

this monthRegisteredFeb 2018First promiseAug 2020Revised toMay 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Feb 2018
  • Promised completion4 May 2021
  • Revised completionRevised to 4 May 2021 (originally 4 Aug 2020)
  • BuildingsNot stated in filing
  • Documents filed34 files

The full filing

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

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 area3,989 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 20.50 cr

Certifying professionals and partners2

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

RoleName
ArchitectV. SIVAKUMAR
EngineerSRINIVAS RAO BOLIMUNTA

Extensions applied for1

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

ExtensionAug 2020 → May 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed34

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/1251/310/PR/180217/001423 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: FORM-C-FIRM REGISTRATION CERTIFICATE.pdf-
BBMP LISCENCE-
Plan 03-
Plan 01-
Agreement_for_Sale_of_RERA-
Agreement_for_Sale_of_RERA-
LOCATION-
Plan 01-
Plan 02-
Allotment Letter-
ELEVATION-
POLLISION CONTROL-
Project Specification-
EC-
Sale Deed FOUR-
JDA EDITED-
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 STATEMENT.pdf-
Cash Flow Statement 2014 - 2015File: CASH FLOW STATEMENT.pdf-
Auditor's Report 2015 - 2016File: AUDIT REPORT.pdf-
Auditor's Report 2014 - 2015File: AUDIT REPORT.pdf-
Auditor's Report 2013 - 2014File: AUDIT REPORT.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR-V-2016-17-min.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR-V-2015-16-min.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR-V-2014-15-min.pdf-
FORM B-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 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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Builder: SRI RANJANI PROPERTIES

SRI RANJANI PROPERTIES has 1 registration on RERA Karnataka, including SAI SAMRAKSHA. 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 SAMRAKSHA is delayed beyond 4 May 2021?

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 SAMRAKSHA?

The registered promoter entity is SRI RANJANI PROPERTIES, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 SAMRAKSHA?

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 SAMRAKSHA?

The professionals named in the filing: Architect: V. SIVAKUMAR; Engineer: SRINIVAS RAO BOLIMUNTA. 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 SAMRAKSHA?

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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