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Registration approved Plotted Development project

SAIKAM AANANDA

By Sivachaitanya Reddy Saikam

RG-KA-03350 · RERA PRM/KA/RERA/1251/308/PR/190921/002902

Source: official RERA Karnataka filing

Red flags

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

Clear

  • Separate project account declared
Sep 2021Possession promisedmoved 9 months from the original
1Complaints at RERA Karnatakaon this registration
Jump to the 60 documents Report an error

SAIKAM AANANDA is a Plotted Development project by Sivachaitanya Reddy Saikam in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/190921/002902 on 21 Sep 2019. Possession is promised by 1 Sep 2021. The completion date has moved by 9 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameSAIKAM AANANDA
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/308/PR/190921/002902
  • ReraGenie IDRG-KA-03350

Builder

  • NameSivachaitanya Reddy Saikam

Key dates

this monthRegisteredSep 2019First promiseDec 2020Revised toSep 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on21 Sep 2019
  • Promised completion1 Sep 2021
  • Revised completionRevised to 1 Sep 2021 (originally 1 Dec 2020)
  • BuildingsNot stated in filing
  • Documents filed60 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.

Land area36,902 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 4.05 cr

Certifying professionals and partners2

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

RoleName
ArchitectHANUMESH GOHAL
EngineerR.Syed Khader

Extensions applied for1

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

ExtensionDec 2020 → Sep 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/201123/0006161-Sivachaitanya Reddy Saikam23/11/2020

Documents filed60

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/1251/308/PR/190921/002902 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Approval letter_BMRD-
Existing Sy Plan-
Approval plan-
Performa of Sale deed-
Performa Agreement for Sale-
Sale Deed & RTC-
Existing Sy Plan-
Existing Sy Plan-
Proforma of Allotment Letter-
Brochure-
NOC Declearation-
Approval letter_BMRD-
EC 2019-
Section 3 Affidavit-
JD AFFIDAVIT-
Khatha_Self Declearation-
JDA & GPA Agreement-
JDA & GPA Agreement-
Conversion Certificate Order-
NOC Declearation-
NOC Declearation-
nerige water noc-
NOC Declearation-
NOC Declearation-
NOC Declearation-
Unnamed document-
Approval plan-
Existing Sy Plan-
Conversion Certificate Order-
Advocate Search Report-
Balance Sheet 2017 - 2018File: ITR 18-19.pdf-
Balance Sheet 2016 - 2017File: ITR 17-18.pdf-
Balance Sheet 2015 - 2016File: ITR 16-17.pdf-
Audited Profit and Loss Statement 2017 - 2018File: ITR 18-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: ITR 17-18.pdf-
Audited Profit and Loss Statement 2015 - 2016File: ITR 16-17.pdf-
Director's Report 2017 - 2018File: Director's Report_19-20.pdf-
Director's Report 2016 - 2017File: Director's Report_18-19.pdf-
Director's Report 2015 - 2016File: Director's Report_17-18.pdf-
Cash Flow Statement 2017 - 2018File: Cash Flow Statement_19-20.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement_18-19.pdf-
Auditor's Report 2017 - 2018File: Auditor's Report_19-20.pdf-
Auditor's Report 2016 - 2017File: Auditor's Report_18-19.pdf-
Auditor's Report 2015 - 2016File: Auditor's Report_17-18.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 18-19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 17-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 16-17.pdf-
Form B-
Prospectus/BrochureFile: Brochure_SaikamAananda.pdf-
Advertisement Copy 1File: Brochure_SaikamAananda.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1251_308_PR_190921_002902.xlsx-
Final plan technical sanction LetterFile: BMRDA Final Letter Only.pdf-
Final layout plan sanctionedFile: Final approved Plan.PDF-
Completion CertificateFile: Final approved Plan.PDF-
Relinquishment deed executed handed over detailsFile: Reliqusment Deed.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: BESCOM_NOC.jpeg-
Chartered Accountant Certificate (Form-4)File: Final Chartered Accountant_SAIKAM AANANDA.pdf-
Architect's Certificate (Form-5)File: QU_Architect Certificate.pdf-
Engineer's Certificate (Form-6)File: QU_Engineer Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidivat_Project Completion.pdf-

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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmSAIKAM AANANDAOther 8Dot size: filed unitsN

Filed coordinates, straight-line distance. 8 registered projects within 2 km.

Builder: Sivachaitanya Reddy Saikam

Sivachaitanya Reddy Saikam has 1 registration on RERA Karnataka, including SAIKAM AANANDA. 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 SAIKAM AANANDA is delayed beyond 1 Sep 2021?

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 SAIKAM AANANDA?

The registered promoter entity is Sivachaitanya Reddy Saikam. 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 SAIKAM AANANDA?

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 SAIKAM AANANDA?

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 SAIKAM AANANDA?

The professionals named in the filing: Architect: HANUMESH GOHAL; Engineer: R.Syed Khader. 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 SAIKAM AANANDA?

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 SAIKAM AANANDA. 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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