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Sai Sristi
RG-KA-10026 · RERA PRM/KA/RERA/1271/486/PR/051224/007265 · Last updated on RERA Karnataka portal: 22 Nov 2024
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
Saved.
Sai Sristi is a Residential/Group Housing project by Emerald Group in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/486/PR/051224/007265 on 5 Dec 2024. Possession is promised by 15 Mar 2029.
At a glance
Project
- NameSai Sristi
- TypeResidential/Group Housing
- Location
- Shivamogga
- 577201
- Pincode577201
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1271/486/PR/051224/007265
- ReraGenie IDRG-KA-10026
Builder
- NameEmerald Group
- Entity typePartnership Firm
- GSTIN29AALFE2343R1ZS
- Authorized SignatoryChannagiri Somasundar Setty Prasad
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on5 Dec 2024
- Promised completion15 Mar 2029
- Revised completionNone
- Buildings1 building record
- Documents filed67 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower 1 | - | - | - | 72 | 0 | 72 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 22 Nov 2024, 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:
| Activity | Progress |
|---|---|
| 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) | Not applicable |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per sanctioned drawings | Not applicable |
Progress on shared amenities40
As on 22 Nov 2024, 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | - |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| P Srinivas Nayak | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 14.80 cr | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Ankith J |
| Engineer | Chethan Kumar D A |
| Chartered Accountant | Phani & Bharadwaz |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed67
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/1271/486/PR/051224/007265 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Registration Certificate of the firmFile: Certificate of Registration of Firm.pdf | 22 Nov 2024 |
| EC Till DateFile: ECC-07112024-6288962(2).pdf | 22 Nov 2024 |
| MRFile: MR and katha extract.pdf | 22 Nov 2024 |
| KhataFile: Khata.pdf | 22 Nov 2024 |
| Sale DeedFile: Sai sristi Sale Deed.pdf | 22 Nov 2024 |
| Area StatementFile: 15-SEP-24 RERA AREA STATEMENT GROUND FLOOR SAISRISTI APARTMENT SHIVAMOGGA.xlsx | 22 Nov 2024 |
| Area StatementFile: 15-SEP-24 RERA AREA STATEMENT FIRST FLOOR SAISRISTI APARTMENT SHIVAMOGGA.xlsx | 22 Nov 2024 |
| Legal OpinionFile: Madhusudan opinion.pdf | 22 Nov 2024 |
| Form BFile: Form B.pdf | 29 Oct 2024 |
| Sec 3 AffidavitFile: Sec 3.pdf | 29 Oct 2024 |
| JD AffidavitFile: JD Affidavit.pdf | 29 Oct 2024 |
| No Litigation AffidavitFile: No Litigation Affidavit.pdf | 29 Oct 2024 |
| Bank AffidavitFile: Bank Affidavit.pdf | 29 Oct 2024 |
| Legal ReportFile: Madhusudan opinion.pdf | 29 Oct 2024 |
| Sanction LetterFile: SRC Sai Sristi muncipality Shimoga sanction .pdf | 29 Oct 2024 |
| Stilt Floor PlanFile: Stlit floor and section drawing 1.pdf | 29 Oct 2024 |
| MESCOM NOCFile: MESCOM NOC.pdf | 29 Oct 2024 |
| MESCOM Fee ReceiptFile: MESCOM Fee Paid Receipt.pdf | 29 Oct 2024 |
| Water NOC UndertakingFile: Water.pdf | 29 Oct 2024 |
| PCB NOCFile: PCB.pdf | 29 Oct 2024 |
| IT Tax paid Receipt AcknowledgemntFile: Tax prasad ITRV ACK_FY 2023-24 .pdf | 29 Oct 2024 |
| Financials of the projectFile: Tax Computation_Prasad Shetty 23-24.pdf | 29 Oct 2024 |
| SpecificationFile: Specifications Signed.pdf | 29 Oct 2024 |
| ECFile: EC Till date.pdf | 29 Oct 2024 |
| Financials 22-23File: ITR AY 22-23.pdf | 29 Oct 2024 |
| Financials 23-24File: ITR AY 23-24.pdf | 29 Oct 2024 |
| Financials 24-25File: ITR AY 24-25.pdf | 29 Oct 2024 |
| Financials 22-23File: Statement_of_Income_ALBPP0922G AY 22-23.pdf | 29 Oct 2024 |
| Financials 23-24File: Statement_of_Income_ALBPP0922G AY 23-24.pdf | 29 Oct 2024 |
| Financials24-25File: Statement_of_Income_ALBPP0922G AY 24-25.pdf | 29 Oct 2024 |
| Sale Deed Legible copyFile: Sai sristi documents.pdf | 29 Oct 2024 |
| MR and Khata ExtractFile: MR and katha extract.pdf | 29 Oct 2024 |
| KhataFile: Khata.pdf | 29 Oct 2024 |
| Engineer LicenceFile: Engineer Lice.pdf | 29 Oct 2024 |
| ATSFile: Agreement of Sale Proforma (1).pdf | 29 Oct 2024 |
| Guideline ValueFile: Guideline value sheet.pdf | 29 Oct 2024 |
| SpecificationFile: Spcefication for apartment.jpeg | 1 Oct 2024 |
| Single PlanFile: Single plot signed drawing approved .pdf | 1 Oct 2024 |
| Floor PlansFile: GROUND & TYPICAL FLOOR PLAN.pdf | 1 Oct 2024 |
| Stilt PlanFile: Stlit floor and section drawing 1.pdf | 1 Oct 2024 |
| PCB NOCFile: Sai sristi pollution control approval .pdf | 1 Oct 2024 |
| RTC, survey 75/8 | - |
| Mutation, survey 75/8 | - |
| Encumbrance Certificate, survey 75/8 | - |
| Conversion/Alienation Order, survey 75/8 | - |
| Sale/Title/Gift Deed, survey 75/8 | - |
| JDA, survey 75/8 | - |
| Khatha, survey 75/8 | - |
| Registration CertificateFile: Partrnership Deed.pdf | - |
| Partnership DeedFile: Partrnership Deed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Certificate (3)_signed.pdf | - |
| Certificate issued by Architect Form 2File: Form-2 Architect Certificate Emerald.pdf | - |
| Certificate issued by Engineer Form 3File: Form-3 engineer Certificate Emerald Signed.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: No Litigation Affidavit.pdf | - |
| Plan Order | - |
| Plan 2 | - |
| Plan 2 | - |
| Plan 1 | - |
| Plan 1 | - |
| Plan 1 | - |
| Conversion Order | - |
| Agreement of Sale Proforma | - |
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Builder: Emerald Group
Emerald Group has 1 registration on RERA Karnataka, including Sai Sristi. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Shivamogga district page.
Frequently asked questions
What are my rights if Sai Sristi is delayed beyond 15 Mar 2029?
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 Sristi?
The registered promoter entity is Emerald Group, a partnership firm as per the filing. Its GSTIN 29AALFE2343R1ZS 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 Sristi?
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 Sristi?
The professionals named in the filing: Architect: Ankith J; Engineer: Chethan Kumar D A; Chartered Accountant: Phani & Bharadwaz. 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 Sristi?
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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