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Registration approved Plotted Development project

SAKETHARAMA BADAVANE

By Y S Bhagyalakshmi

RG-KA-73659 · RERA PRM/KA/RERA/1271/294/PR/211117/004502 · Last updated on RERA Karnataka portal: 24 Sep 2021

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Sep 2021Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 56 documents Report an error

SAKETHARAMA BADAVANE is a Plotted Development project by Y S Bhagyalakshmi in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/294/PR/211117/004502 on 17 Nov 2021. Possession is promised by 30 Sep 2021.

At a glance

Project

  • NameSAKETHARAMA BADAVANE
  • TypePlotted Development
  • Location
    • Tirthahalli
    • Shivamogga
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1271/294/PR/211117/004502
  • ReraGenie IDRG-KA-73659

Builder

  • NameY S Bhagyalakshmi
  • Declared earlier projects1 →

Key dates

Registered
17 Nov 2021
Promised
30 Sep 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Nov 2021
  • Promised completion30 Sep 2021
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed56 files

The full filing

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

Land and ownership1

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area4,047 sq m
Named landowners1
LandownerVillageDistrict
Y S Bhagyalakshmi--

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 26.05 lakh

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed56

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/1271/294/PR/211117/004502 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
) Bank account name should be as per bank account opening direction circular - AS REQUIRED BY AUTHORFile: BANK DETAIL.pdf24 Sep 2021
Please upload the NOC issued by Power supply and Water supply authorities - UPLOADEDFile: 2 BWSSB and MESCOM NOC.pdf24 Sep 2021
BANK ACCOUNT - THE PROJECT IS BEEN DEVELOPED BY THE PROMMOTER IN HIS INDIVIDUAL CAPACITY.CURRENTFile: BANK PASS BOOK & AFFIDAVIT.pdf6 Aug 2021
CERTIFICATE OF AGRICULTURIST ISSUED BY GOVERNMENT OF KARNATAKAFile: Agriculturist Cert.jpeg16 Jul 2021
BANK ACCOUNT - THE PROJECT IS BEEN DEVELOPED BY THE PROMMOTER IN HIS INDIVIDUAL CAPACITY.CURRENT ACCFile: BANK PASS BOOK & AFFIDAVIT.pdf16 Jul 2021
Agriculturist AckwonledgementFile: acknowledgment.jpeg5 Jul 2021
Bank AffidavitFile: BANK PASS BOOK & AFFIDAVIT.pdf5 Jul 2021
Area StatementFile: Area statement.pdf5 Jul 2021
Upload financial statement and ITR- DECLARATION IS ATTACHED FOR THE SAME AS FINACIAL STATEMENT IS NOFile: 2 ITR - self declaration.pdf14 Jun 2021
Bank account name should be as per bank account direction circular - SINCE IT IS INDIVIDUAL PROJECTFile: 3 BANK PASS BOOK & AFFIDAVIT.pdf14 Jun 2021
Sale deed and mutation - UPLOADEDFile: 4 sale deed.pdf14 Jun 2021
Uploaded EC incomplete hence reupload EC from 01-04-2000 to upto date in form -15 in the name of prFile: 5 EC.pdf14 Jun 2021
Promoter has uploaded the Plan License letter and Layout plan - UPLOADEDFile: 6 plan.pdf14 Jun 2021
Relinquishment Deed - UPLOADED VIDE DOCUMENTATION NUMBER I-1861 DATED 26-11-2020File: 7 Relinquishment Deed.pdf14 Jun 2021
Area statement - UPLOADEDFile: AREA STATEMENT.pdf14 Jun 2021
Technical Sanction Letter-
plan-
SALE DEED & RTC-
TECHNICAL APPROVAL-
Specification_Layout-
Specification_Layout-
EC-
Affidavit Sec3(1)-
SALE DEED-
DC CONVERSION ORDER-
MESCOM-
BWSSB-
Unnamed document-
legal report-
Balance Sheet 2019 - 2020File: self declaration.pdf-
Balance Sheet 2018 - 2019File: self declaration.pdf-
Balance Sheet 2017 - 2018File: self declaration.pdf-
Audited Profit and Loss Statement 2019 - 2020File: self declaration.pdf-
Audited Profit and Loss Statement 2018 - 2019File: self declaration.pdf-
Audited Profit and Loss Statement 2017 - 2018File: self declaration.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: self declaration.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: self declaration.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: self declaration.pdf-
form B Affidavit-
Plot Excel SheetFile: PRM_KA_RERA_1271_294_PR_211117_004502.xlsx-
Final plan technical sanction LetterFile: Technical Sanction Letter.pdf-
Final layout plan sanctionedFile: Technical Sanction Letter.pdf-
Completion CertificateFile: Completion Certificate.pdf-
Site release order Copies(1st,2nd phase and final release order)File: Completion Certificate.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: NA (2).pdf-
Certificate issued by the Karnataka Urban Water supplyFile: NA (2).pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: electric service certificate.pdf-
Certificate issued by KSPCB, consent for operation of STP plantFile: NA (2).pdf-
Whether the structures,civic amenities and other services handed over to local authority for maintenanceFile: NA (2).pdf-
Brief description of Water supply and Underground drainage worksFile: NA (2).pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: electric service certificate.pdf-
Chartered Accountant Certificate (Form-4)File: Form 4.pdf-
Architect's Certificate (Form-5)File: Form 5.pdf-
Engineer's Certificate (Form-6)File: Form 6.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit cum Declaration.pdf-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
SAKETHARAMA BADAVANE-OngoingSep 2021Not delivered

How this compares with Shivamogga

14%of Shivamogga projects moved their completion datethis one has not
0%of Shivamogga registrations are shown as withdrawn or revokedthis one is not

Computed across the 140+ Shivamogga projects on ReraGenie, from their own filings.

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Builder: Y S Bhagyalakshmi

Y S Bhagyalakshmi has 1 registration on RERA Karnataka, including SAKETHARAMA BADAVANE. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Shivamogga district page.

Frequently asked questions

What are my rights if SAKETHARAMA BADAVANE is delayed beyond 30 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 SAKETHARAMA BADAVANE?

The registered promoter entity is Y S Bhagyalakshmi. 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 SAKETHARAMA BADAVANE?

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 SAKETHARAMA BADAVANE?

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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About SAKETHARAMA BADAVANE. 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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