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SAI VAIBHAV
RG-KA-20709 · RERA PRM/KA/RERA/1251/310/PR/180516/001710
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
Saved.
SAI VAIBHAV is a Residential/Group Housing project by SAI KIRAN CONSTRUCTIONS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180516/001710 on 16 May 2018. Possession is promised by 31 Dec 2020. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NameSAI VAIBHAV
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/310/PR/180516/001710
- ReraGenie IDRG-KA-20709
Builder
- NameSAI KIRAN CONSTRUCTIONS
- Entity typeCompany
- Authorized SignatoryG S PRIYA
- Other registrations2 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on16 May 2018
- Promised completion31 Dec 2020
- Revised completionRevised to 31 Dec 2020 (originally 31 Mar 2020)
- BuildingsNot stated in filing
- Documents filed23 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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | V SIVA KUMAR |
| Engineer | SRINIVAS RAO BOLIMUNTA |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed23
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/180516/001710 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| PLAN KENGERI | - |
| PARTITION DEED AND RTC | - |
| PLAN KENGERI | - |
| ALLOTMENT LETTER | - |
| BROCHER | - |
| SPECIFICATIONS | - |
| EC | - |
| KHATA | - |
| JOINT DEVELOPMENT AGREEMENT | - |
| MEMORANDUM OF UNDERSTANDING | - |
| CONVERTION ORDER | - |
| RELINQUISH DEED | - |
| NOC KSPCB | - |
| Balance Sheet 2016 - 2017File: B S 2017-18.pdf | - |
| Balance Sheet 2015 - 2016File: B S 2016-17.pdf | - |
| Balance Sheet 2014 - 2015File: B S 2015-16.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: P & L 2017-18.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: P & L 2016-17.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: P & L 2015-16.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR ACKNOWLEDGEMENT 2017-18.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR ACKNOWLEDGEMENT 2016-17.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR ACKNOWLEDGEMENT 2015-16.pdf | - |
| FORM B | - |
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Builder: SAI KIRAN CONSTRUCTIONS
SAI KIRAN CONSTRUCTIONS has 3 registrations on RERA Karnataka, including JYOTHI NIVAS and GARDEN SQUARE. 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 VAIBHAV is delayed beyond 31 Dec 2020?
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 VAIBHAV?
The registered promoter entity is SAI KIRAN CONSTRUCTIONS, a company 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 VAIBHAV?
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 VAIBHAV?
The professionals named in the filing: Architect: V SIVA KUMAR; 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 VAIBHAV?
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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