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Registration approved Mixed Development project

SAISHREE PLAZA

By NEELKAMAL BUILDERS & DEVELOPERS

RG-KA-90769 · RERA PRM/KA/RERA/1274/351/PR/190330/002504

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
Dec 2020Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 32 documents Report an error

SAISHREE PLAZA is a Mixed Development project by NEELKAMAL BUILDERS & DEVELOPERS in Uttara Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1274/351/PR/190330/002504 on 30 Mar 2019. Possession is promised by 31 Dec 2020. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSAISHREE PLAZA
  • TypeMixed Development
  • Location
    • Karwar
    • Uttara Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1274/351/PR/190330/002504
  • ReraGenie IDRG-KA-90769

Builder

  • NameNEELKAMAL BUILDERS & DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryKAMLESH MAHABALESHWAR BORKAR

Key dates

this monthRegisteredMar 2019First promiseMar 2020Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Mar 2019
  • Promised completion31 Dec 2020
  • Revised completionRevised to 31 Dec 2020 (originally 31 Mar 2020)
  • BuildingsNot stated in filing
  • Documents filed32 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 area1,287 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 8.30 cr

Extensions applied for1

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

ExtensionMar 2020 → Dec 2020

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed32

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/1274/351/PR/190330/002504 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: neelkamal firm reg copy.jpg-
building permission-
Building Plan-
Building Plan-
Proforma of Sale deed-
Proforma of Sale deed-
purchase deed-
Building Plan-
area developement-
Provisional Allotment letter-
brochure-
building permission-
project specification-
EC & conversion & 214(5) (1)-
Affidavit 3(1)-
affidavit cum declaration-
rtc-
jda consent-
Building plan-
Building plan-
change of land use-
Balance Sheet 2016 - 2017File: Doc1.pdf-
Balance Sheet 2015 - 2016File: Doc1.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Doc1.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Doc1.pdf-
Director's Report 2016 - 2017File: Doc1.pdf-
Director's Report 2015 - 2016File: Doc1.pdf-
Auditor's Report 2016 - 2017File: Audit not required.pdf-
Auditor's Report 2015 - 2016File: Audit not required.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: itr v 16-17-min.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: ITR V 15-16-min.jpg-
Form B with authorisation-

How this compares with Uttara Kannada

22%of Uttara Kannada projects moved their completion datethis one moved by 9 months
0%of Uttara Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 100+ Uttara Kannada projects on ReraGenie, from their own filings.

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Other projects near Uttara Kannada100+ in Uttara Kannada

2 kmSAISHREE PLAZAOther 22Dot size: filed unitsN

Filed coordinates, straight-line distance. 22 registered projects within 2 km.

Builder: NEELKAMAL BUILDERS & DEVELOPERS

NEELKAMAL BUILDERS & DEVELOPERS has 1 registration on RERA Karnataka, including SAISHREE PLAZA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Uttara Kannada district page.

Frequently asked questions

What are my rights if SAISHREE PLAZA 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 SAISHREE PLAZA?

The registered promoter entity is NEELKAMAL BUILDERS & DEVELOPERS, 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 SAISHREE PLAZA?

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.

What should I check before booking in SAISHREE PLAZA?

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 SAISHREE PLAZA. 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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