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Registration approved Plotted Development project

SAMRUDDHI NAGAR

By SAMRUDDHI DEVELOPERS

RG-KA-87801 · RERA PRM/KA/RERA/1248/440/PR/210331/004083

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
Dec 2021Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 66 documents Report an error

SAMRUDDHI NAGAR is a Plotted Development project by SAMRUDDHI DEVELOPERS in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/440/PR/210331/004083 on 31 Mar 2021. Possession is promised by 31 Dec 2021.

At a glance

Project

  • NameSAMRUDDHI NAGAR
  • TypePlotted Development
  • Location
    • Hospet
    • Vijayanagara
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1248/440/PR/210331/004083
  • ReraGenie IDRG-KA-87801

Builder

  • NameSAMRUDDHI DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryM.Venkata Reddy
  • Board MembersM.Venkata Reddy, K.Ravishankar
  • Other registrations2 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMar 2021PromisedDec 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Mar 2021
  • Promised completion31 Dec 2021
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed66 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 area5,828 sq m
Named landowners1
LandownerVillageDistrict
Samruddhi Developers--

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 1.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectSrimathi J Adiga
EngineerBharathi Hiremath

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed66

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/1248/440/PR/210331/004083 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Company Incorporation Certificate.pdf-
Layout Approval Letterc-
Approved Plan-
Approved Plan-
Sale Deed-
Approved Plan-
Approved Plan-
Project specification-
Up to date Encumbrance Certificate-
Sec 3(1) Non violation Affidavit-
RTC-
Partnership Deed Samrudhic-
Conversion Order-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
NOC-BESCOM-
NOC-WATER-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Approved Plan-
Plan Approval Letter and Approved Plan-
Unnamed document-
Balance Sheet 2019 - 2020File: Balance Sheet 2019-20c.pdf-
Balance Sheet 2018 - 2019File: Submission.pdf-
Balance Sheet 2017 - 2018File: Submission.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit and loss 2019-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Submission.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Submission.pdf-
Director's Report 2018 - 2019File: Submission.pdf-
Director's Report 2017 - 2018File: Submission.pdf-
Cash Flow Statement 2019 - 2020File: Statement of Income 2019-20.pdf-
Cash Flow Statement 2018 - 2019File: Submission.pdf-
Auditor's Report 2018 - 2019File: Submission.pdf-
Auditor's Report 2017 - 2018File: Submission.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: IT return 2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: Submission.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Submission.pdf-
Form-B Affidavit-
Plot Excel SheetFile: PRMKARERA1248440PR210331004083.xlsx-
Loan raised documentFile: Form 4 Samruddhi Nagara.pdf-
Final plan technical sanction LetterFile: Final Approved Plan.jpeg-
Completion CertificateFile: Final Release Order.jpeg-
Site release order Copies(1st,2nd phase and final release order)File: Final Release Order.jpeg-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: Water NOC.jpeg-
Certificate issued by the concerned power supply(ESCOM'S)File: Electricity NOC.jpeg-
Brief description of Water supply and Underground drainage worksFile: Water NOC.jpeg-
Chartered Accountant Certificate (Form-4)File: Form 4 Samruddhi Nagara.pdf-
Architect's Certificate (Form-5)File: Form 5 Closure Certificate.pdf-
Engineer's Certificate (Form-6)File: Form 6 Engineer Closure Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Completion Affidavit.pdf-

How this compares with Vijayanagara

7%of Vijayanagara projects moved their completion datethis one has not
0%of Vijayanagara registrations are shown as withdrawn or revokedthis one is not

Computed across the 110+ Vijayanagara projects on ReraGenie, from their own filings.

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Other projects near Vijayanagara110+ in Vijayanagara

2 kmSAMRUDDHI NAGAROther 12Dot size: filed unitsN

Filed coordinates, straight-line distance. 12 registered projects within 2 km.

Builder: SAMRUDDHI DEVELOPERS

SAMRUDDHI DEVELOPERS has 3 registrations on RERA Karnataka, including SAMRUDDHI NAGAR and samruddhi pride. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Vijayanagara district page.

Frequently asked questions

What are my rights if SAMRUDDHI NAGAR is delayed beyond 31 Dec 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 SAMRUDDHI NAGAR?

The registered promoter entity is SAMRUDDHI 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 SAMRUDDHI NAGAR?

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 SAMRUDDHI NAGAR?

The professionals named in the filing: Architect: Srimathi J Adiga; Engineer: Bharathi Hiremath. 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 SAMRUDDHI NAGAR?

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 SAMRUDDHI NAGAR. 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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