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Registration approved Mixed Development project

Saideep Hulas

By Shri Saideep Estates

RG-KA-38342 · RERA PRM/KA/RERA/1250/304/PR/171027/000774

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Jul 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 46 documents Report an error

Saideep Hulas is a Mixed Development project by Shri Saideep Estates in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/171027/000774 on 27 Oct 2017. Possession is promised by 1 Jul 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSaideep Hulas
  • TypeMixed Development
  • Location
    • Hosakote
    • Bengaluru Rural
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/304/PR/171027/000774
  • ReraGenie IDRG-KA-38342

Builder

  • NameShri Saideep Estates
  • Entity typePartnership Firm
  • Authorized SignatorySukesh Reddy

Key dates

this monthRegisteredOct 2017First promiseJul 2019Revised toJul 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on27 Oct 2017
  • Promised completion1 Jul 2020
  • Revised completionRevised to 1 Jul 2020 (originally 1 Jul 2019)
  • Buildings2 building records
  • Documents filed46 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SAIDEEP HULAS---1040104
SAIDEEP SHRINIDHI---077

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 workNot applicable
Retaining wall (All types)Not applicable
Plinth level BeamNot applicable
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 etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
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)Not applicable
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable

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 LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
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 waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolYes-
GymYes-
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsNoNot applicable
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceNoNot applicable
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 area7,966 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 60.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectKgd Architecture
EngineerKgd Architecture

Extensions applied for2

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

ExtensionJul 2019 → Apr 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1250/304/PR/191102/000774Apr 2021 → Jul 2020

Reason as filed by the promoterShortage of Labour; Shortage of Building Materials, Concrete, Jalli etc

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed46

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/1250/304/PR/171027/000774 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: doc09307220170731180137.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect certificate - work completed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engg certificate - work completed.pdf-
CA Certificate for Funds UtilizationFile: CA- FUND UTILISED.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect certificate - work pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engg certificate - work pending.pdf-
CA Certificate for Funds required for Project CompletionFile: CA -FUND REQUIRED.pdf-
AffidavitFile: AFFIDAVIT UNDER SECTION 18 FORM B AND APPLICATION FOR OC.pdf-
Latest Encumbrance CertificateFile: ENCUMBRANCE CERTIFICATE1.pdf-
Consent letter from 2/3rd of AllotteesFile: Consent Letter.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Statement of Account.pdf-
Document 2File: Consent letter.pdf-
BDA-
SITE PLAN-
layout-
Agreement_for_Sale_of_RERA-
blank-
SALE DEED & RTC-
APPROVED FLOOR PLANS-
Area development plan-
blank-
SAIDEEP- ALL NOC-
specifications-
ENCUMBRANCE CERTIFICATE1-
KHATHA-
JDA, GPA & MUTATION-
ADVOCATES REPORT-
3) CONVERSION-
FIRE NOC-
AIRPORT AUTHORITY-
BESCOM-
PCB-
MOEF NOC-
7)ELEVATION & SECTION-
Balance Sheet 2015 - 2016File: BALANE 16 -17.pdf-
Balance Sheet 2014 - 2015File: BALANCE 15 -16.pdf-
Audited Profit and Loss Statement 2015 - 2016File: PROFIT & LOSS 16-17.pdf-
Audited Profit and Loss Statement 2014 - 2015File: PROFIT & LOSS 15-16.pdf-
Cash Flow Statement 2015 - 2016File: FUND FLOW 16-17.pdf-
Cash Flow Statement 2014 - 2015File: FUND FLOW 15-16.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR-16-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR -15-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR 14-15.pdf-
blank-
Tower Excel SheetFile: PRM_KA_RERA_1250_304_PR_171027_000774.xlsx-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one moved by 12 months
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Builder: Shri Saideep Estates

Shri Saideep Estates has 1 registration on RERA Karnataka, including Saideep Hulas. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if Saideep Hulas is delayed beyond 1 Jul 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 Saideep Hulas?

The registered promoter entity is Shri Saideep Estates, 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 Saideep Hulas?

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 Saideep Hulas?

The professionals named in the filing: Architect: Kgd Architecture; Engineer: Kgd Architecture. 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 Saideep Hulas?

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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