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Registration approved Residential/Group Housing project

Saibya Sterling

By SAIBYA STRUCTURES PVT LTD

RG-KA-52198 · RERA PRM/KA/RERA/1251/310/PR/171024/000648

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
Sep 2018Possession promisedno revision filed
1Complaints at RERA Karnatakaon this registration
Jump to the 47 documents Report an error

Saibya Sterling is a Residential/Group Housing project by SAIBYA STRUCTURES PVT LTD in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171024/000648 on 24 Oct 2017. Possession is promised by 30 Sep 2018. 1 complaint is on record with the regulator.

At a glance

Project

  • NameSaibya Sterling
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/171024/000648
  • ReraGenie IDRG-KA-52198

Builder

  • NameSAIBYA STRUCTURES PVT LTD
  • Entity typeCompany
  • CINU45205KA2013PTC069908
  • Authorized SignatorySIDDHARTH KUMAR GUPTA
  • DirectorSIDDHARTH KUMAR GUPTA
  • Other registrations2 more →

Key dates

this monthRegisteredOct 2017PromisedSep 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on24 Oct 2017
  • Promised completion30 Sep 2018
  • Revised completionNone
  • Buildings2 building records
  • Documents filed47 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A Block---48048
B Block---48048

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)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
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 network-
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 plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalNoNot applicable
Water conservationYes-
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 drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityYes-
Swimming PoolNoNot applicable
GymNoNot applicable
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 WallNoNot applicable
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 area3,628 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 1.65 cr

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/190423/0002740-SAIBYA STRUCTURES PVT LTD23/04/2019

Documents filed47

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/171024/000648 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 INCORPORATION.PDF-
Sterling CC-
Sterling Plan copy Doc 10-14-2017 12-33-05-
Sterling Plan copy Doc 10-14-2017 12-33-05-
Sale deed-
Sale agg-
sterling RTC Doc 10-14-2017 15-33-27-
Sterling Plan copy Doc 10-14-2017 12-33-05-
Sterling Plan copy Doc 10-14-2017 12-33-05-
Allotment letter-
Sterling brochure-ilovepdf-compressed-
Noc-
Specica-
Sterling till date-
KHATA Certificate-
JDA Sterling Doc 10-14-2017 16-14-55-
Sale deed Sterling Doc 10-14-2017 15-46-01-
sterling conversion Doc 10-14-2017 15-23-39-
Noc-
BWSSB NOC LETTER-
Noc-
sterling mutation Doc 10-14-2017 15-29-49-
Balance Sheet 2015 - 2016File: 2016.PDF-
Balance Sheet 2014 - 2015File: 2015.PDF-
Balance Sheet 2013 - 2014File: 2014.PDF-
Audited Profit and Loss Statement 2015 - 2016File: 2016.PDF-
Audited Profit and Loss Statement 2014 - 2015File: 2015.PDF-
Audited Profit and Loss Statement 2013 - 2014File: 2014.PDF-
Director's Report 2015 - 2016File: 2016.PDF-
Director's Report 2014 - 2015File: 2015.PDF-
Director's Report 2013 - 2014File: 2014.PDF-
Cash Flow Statement 2015 - 2016File: Cash flow.PDF-
Cash Flow Statement 2014 - 2015File: Cash flow.PDF-
Auditor's Report 2015 - 2016File: 2016.PDF-
Auditor's Report 2014 - 2015File: 2015.PDF-
Auditor's Report 2013 - 2014File: 2014.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: 2016.PDF-
Income Tax Return Acknowledgement 2014 - 2015File: 2015.PDF-
Income Tax Return Acknowledgement 2013 - 2014File: 2014.PDF-
Affidat-
Prospectus/BrochureFile: Brochure_Sterling.pdf-
Advertisement Copy 1File: Advertisement Copy_Sterling.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_171024_000648.xlsx-
Occupancy CertificateFile: OC original Sterling.PDF-
Completion certificate issued by the competent authorityFile: OC original Sterling.PDF-
Registered Agreement of SaleFile: OC original Sterling.PDF-
Registered conveyance deed for an individual unitFile: OC original Sterling.PDF-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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: SAIBYA STRUCTURES PVT LTD

SAIBYA STRUCTURES PVT LTD has 3 registrations on RERA Karnataka, including SAIBYA SQUARE and Saibya Senary. 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 Saibya Sterling is delayed beyond 30 Sep 2018?

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 Saibya Sterling?

The registered promoter entity is SAIBYA STRUCTURES PVT LTD, a company as per the filing. Its CIN U45205KA2013PTC069908 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 Saibya Sterling?

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 Saibya Sterling?

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.

What should I check before booking in Saibya Sterling?

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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