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Registration approved Residential/Group Housing project

SAI SANNIDHI

By K V V S V PRASAD

RG-KA-64128 · RERA PRM/KA/RERA/1259/479/PR/181010/002042

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 40 documents Report an error

SAI SANNIDHI is a Residential/Group Housing project by K V V S V PRASAD in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/479/PR/181010/002042 on 10 Oct 2018. Possession is promised by 24 May 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSAI SANNIDHI
  • TypeResidential/Group Housing
  • Location
    • Hubballi
    • Dharwad
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1259/479/PR/181010/002042
  • ReraGenie IDRG-KA-64128

Builder

  • NameK V V S V PRASAD

Key dates

this monthRegisteredOct 2018First promiseAug 2020Revised toMay 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on10 Oct 2018
  • Promised completion24 May 2021
  • Revised completionRevised to 24 May 2021 (originally 24 Aug 2020)
  • BuildingsNot stated in filing
  • Documents filed40 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 area713 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 1.27 cr

Certifying professionals and partners2

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

RoleName
ArchitectK V V S V PRASAD
EngineerSADASHIVARADHYA N

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 filed40

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/1259/479/PR/181010/002042 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Building Permission-
APPROVED PLAN-
GANGA & SANGAM-
SALE DEED PROFORMA-
Revised Agreement of Sale as on 09-05-2018-
SALE DEED-
Sectional plan-
APPROVED PLAN-
ALLOTMENT LETTER PROFORMA-
BROCHURE-
POJECT SPECIFICATIONS-
ENCUMBRANCE CERTIFICATE-
MUTATION-
JDA-
GPA-
CA CERTIFICATE-
ENGINEER CERTIFICATE-
Sectional plan-
APPROVED PLAN-
Sectional plan-
RELINQUISHMENT DEED-
LEGAL OPINION-
Balance Sheet 2016 - 2017File: B S 17.pdf-
Balance Sheet 2015 - 2016File: B S 16.pdf-
Balance Sheet 2014 - 2015File: B S 15.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L 17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L 16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L 15.pdf-
Director's Report 2016 - 2017File: DIRECTORS REPORT.pdf-
Director's Report 2015 - 2016File: DIRECTORS REPORT.pdf-
Director's Report 2014 - 2015File: DIRECTORS REPORT.pdf-
Cash Flow Statement 2016 - 2017File: CASHFLOW.pdf-
Cash Flow Statement 2015 - 2016File: CASHFLOW.pdf-
Auditor's Report 2016 - 2017File: AUDIT REPORT 17.pdf-
Auditor's Report 2015 - 2016File: AUDIT REPORT 16.pdf-
Auditor's Report 2014 - 2015File: AUDIT REPORT 15.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 17-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 16-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR 15-16.pdf-
new affidavit-

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one moved by 9 months
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Other projects near Dharwad250+ in Dharwad

2 kmSAI SANNIDHIOther 22Dot size: filed unitsN

Filed coordinates, straight-line distance. 22 registered projects within 2 km.

Builder: K V V S V PRASAD

K V V S V PRASAD has 1 registration on RERA Karnataka, including SAI SANNIDHI. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if SAI SANNIDHI is delayed beyond 24 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 SANNIDHI?

The registered promoter entity is K V V S V PRASAD. 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 SANNIDHI?

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 SANNIDHI?

The professionals named in the filing: Architect: K V V S V PRASAD; Engineer: SADASHIVARADHYA N. 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 SANNIDHI?

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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About SAI SANNIDHI. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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