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Registration approved Residential/Group Housing project

SAIVEN SIESTA

By SAIVEN DEVELOPERS AND CONSTRUCTIONS PVT LTD

RG-KA-64129 · RERA PRM/KA/RERA/1251/308/PR/171015/000559 · Last updated on RERA Karnataka portal: 12 Oct 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 67 documents Report an error

SAIVEN SIESTA is a Residential/Group Housing project by SAIVEN DEVELOPERS AND CONSTRUCTIONS PVT LTD in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171015/000559 on 15 Oct 2017. Possession is promised by 31 Dec 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSAIVEN SIESTA
  • TypeResidential/Group Housing
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/171015/000559
  • ReraGenie IDRG-KA-64129

Builder

  • NameSAIVEN DEVELOPERS AND CONSTRUCTIONS PVT LTD
  • Entity typeCompany
  • CINU70100KA2014PTC075077
  • Authorized SignatoryDARSHAN KRISHNA REDDY SUDHA
  • DirectorsPRITHVI KRISHNA REDDY P, SOUMYA REDDY
  • Other registrations4 more →

Key dates

this monthRegisteredOct 2017First promiseDec 2019Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Oct 2017
  • Promised completion31 Dec 2020
  • Revised completionRevised to 31 Dec 2020 (originally 31 Dec 2019)
  • Buildings4 building records
  • Documents filed67 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A Block---24024
B Block---24024
C Block---40040
D Block---24024

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 12 Oct 2020, the date of the latest filing. 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)Not applicable
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

As on 12 Oct 2020, the date of the latest filing. 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 disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolNoNot applicable
GymYes-
ParksYes-
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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 area4,554 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 17.00 cr

Extensions applied for1

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

EX/PRM/KA/RERA/1251/308/PR/220620/000559Dec 2019 → Dec 2020

Reason as filed by the promoterForce Majeure

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed67

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/171015/000559 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
OCFile: compressed oc.pdf12 Oct 2020
declaration letterFile: RERA Letter.pdf12 Oct 2020
CertificateFile: Certificate of Incorporation.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: RERA Siesta Project Extension(Fund Utilization Certificate).pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect certificate - work pending-pdf.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engg certificate - work pending.pdf-
CA Certificate for Funds required for Project CompletionFile: RERA Siesta Project Extension(Fund Required Certificate).pdf-
AffidavitFile: Affidavit for Extention108.pdf-
Latest Encumbrance CertificateFile: latest EC.pdf-
Details Of Sold/ Un-sold UnitsFile: Copy of SoldUnsoldDetails.xlsx-
Comencement Certificate-
Sanction PLAN-
Single Site Approved Plan-
Blank-
Agreement_Rera-
Sale Deed_3072_13-14-
Single Site Approved Plan-
Single Site Approved Plan-
Blank-
SIESTA final low res-
PCB NOC-
Specifications_Siesta-
EC Siesta-
Khatha and Tax Paid Receipt-
JDA Deed-
MR-
Conversion Copy-
Relinquishment Deed-
Fire Dept NOC-
AAI NOC-
PCB NOC-
Balance Sheet 2015 - 2016File: Balance sheet.pdf-
Balance Sheet 2014 - 2015File: Blank.pdf-
Balance Sheet 2013 - 2014File: Blank.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit and loss.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Blank.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Blank.pdf-
Director's Report 2015 - 2016File: Director's report082.pdf-
Director's Report 2014 - 2015File: Blank.pdf-
Director's Report 2013 - 2014File: Blank.pdf-
Cash Flow Statement 2015 - 2016File: Blank.pdf-
Cash Flow Statement 2014 - 2015File: Blank.pdf-
Auditor's Report 2015 - 2016File: Auditors Report081.pdf-
Auditor's Report 2014 - 2015File: Blank.pdf-
Auditor's Report 2013 - 2014File: Blank.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: It return acknowledgement.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Blank.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: Blank.pdf-
Affidavit2083-
Prospectus/BrochureFile: saiven-siesta-brochure.pdf-
Advertisement Copy 1File: Siesta Flyer Options Low res (1).pdf-
Tower Excel SheetFile: final fill excel.xlsx-
Loan raised documentFile: LOAN CLOSURES.pdf-
NOC issued by the Fire Force department after completion of workFile: FIRE OC.pdf-
Occupancy CertificateFile: SIESTA OC.pdf-
Consent for operation issued by KSPCBFile: PCB NOC.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: LIFT.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: TRANSFORMER.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: DETAILS OF AMENITIES and INFRASTRUCTURES.jpeg-
Architect certificate for having completed the work(in format no 5)File: FORM 6.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: FORM 4.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: AFFIDAVIT.pdf-
BSECOMFile: BSECOM.pdf-
DOD SiestaFile: DOD Siesta.pdf-
FORM 5File: FORM 5.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 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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Builder: SAIVEN DEVELOPERS AND CONSTRUCTIONS PVT LTD

SAIVEN DEVELOPERS AND CONSTRUCTIONS PVT LTD has 5 registrations on RERA Karnataka, including SAIVEN SIESTA and THE HAMPTONS. 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 SAIVEN SIESTA 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 SAIVEN SIESTA?

The registered promoter entity is SAIVEN DEVELOPERS AND CONSTRUCTIONS PVT LTD, a company as per the filing. Its CIN U70100KA2014PTC075077 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 SAIVEN SIESTA?

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 SAIVEN SIESTA?

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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