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Registration approved Residential/Group Housing project

Sai Shakthi Shreya

By Sai Shakthi Developers

RG-KA-77129 · RERA PRM/KA/RERA/1251/309/PR/191025/002967

Source: official RERA Karnataka filing

Red flags

  • 4 complaints at RERA Karnataka
  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2022Possession promisedmoved 9 months from the original
4Complaints at RERA Karnatakaon this registration
Jump to the 25 documents Report an error

Sai Shakthi Shreya is a Residential/Group Housing project by Sai Shakthi Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/191025/002967 on 25 Oct 2019. Possession is promised by 30 Sep 2022. The completion date has moved by 9 months from the original filing. 4 complaints are on record with the regulator.

At a glance

Project

  • NameSai Shakthi Shreya
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/191025/002967
  • ReraGenie IDRG-KA-77129

Builder

  • NameSai Shakthi Developers
  • Entity typePartnership Firm
  • Authorized SignatoryDr.V.Subba Reddy
  • OthersKatpally Mahesh Chandra Reddy, Sudhir Sundar Rao, Anil Kumar Desina

Key dates

this monthRegisteredOct 2019First promiseDec 2021Revised toSep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on25 Oct 2019
  • Promised completion30 Sep 2022
  • Revised completionRevised to 30 Sep 2022 (originally 31 Dec 2021)
  • Buildings1 building record
  • Documents filed25 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SAI SHAKTHI SHREYA---40040

The full filing

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

Construction progress by building1

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-
Retaining wall (All types)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
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-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

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-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymYes-
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area2,232 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 8.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectJeetu Prathiba Associates
EngineerDeshpande and Associates

Extensions applied for1

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

ExtensionDec 2021 → Sep 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka4

Case no.ComplainantRespondentFiled
00758/2024-Sai Shakthi Developers20/08/2024
00774/2024-Sai Shakthi Developers22/08/2024
00775/2024-Sai Shakthi Developers22/08/2024
00783/2024-Sai Shakthi Developers23/08/2024

Documents filed25

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/1251/309/PR/191025/002967 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Certificate Of Firm Registration Of SSD.pdf-
commencement-
plan-2 pages with license-
11 Agreement for Sale format-
5 land document-
plan-2 pages with license-
6 Sai Shakthi Shreya Broucher Template-
7 project specification-
EC from 01 04 2004 to 09 10 2019-
affidavit 3-1-
8 RERA Affidavit Cum Declaration-
Khata of SSD_reduce-
JDA Doc No 10470 2018 19 Dated 06 02 2019 reduced-
GPA Doc No 290 2018 19 Dated 06 02 2019_reduce-
Conversation Order of Herohalli final-
CFE copy 26 06 19-Sai Shakti (2)-
10 Sai Shakthi Sherya Sanction Plan-approved-
BDA Conversation Order No 1387-04 2018-19 Dated 06 04 2018-
Balance Sheet 2017 - 2018File: 1 Balance sheet.pdf-
Audited Profit and Loss Statement 2017 - 2018File: 2 PnL account.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: 3 ITR e- verified Acknowledgement.pdf-
FORM B Affidavit Cum Declaration-
Prospectus/BrochureFile: E-Broucher Of Sai Shakthi Shreya.pdf-
Advertisement Copy 1File: ADS & info_RJN_52issue_Sat.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_309_PR_191025_002967.xlsx-

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: Sai Shakthi Developers

Sai Shakthi Developers has 1 registration on RERA Karnataka, including Sai Shakthi Shreya. 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 Shakthi Shreya is delayed beyond 30 Sep 2022?

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 Shakthi Shreya?

The registered promoter entity is Sai Shakthi Developers, 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 Shakthi Shreya?

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 Shakthi Shreya?

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 Shakthi Shreya?

The professionals named in the filing: Architect: Jeetu Prathiba Associates; Engineer: Deshpande and Associates. 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 Shakthi Shreya?

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 Shakthi Shreya. 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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