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Registration approved No litigation declared Plotted Development project

Samruddhi Nagara

By Samruddhi Greens

RG-KA-72619 · RERA PRM/KA/RERA/1248/440/PR/041122/005395 · Last updated on RERA Karnataka portal: 12 Oct 2022

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Dec 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 103 documents Report an error

Samruddhi Nagara is a Plotted Development project by Samruddhi Greens in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/440/PR/041122/005395 on 4 Nov 2022. Possession is promised by 31 Dec 2022.

At a glance

Project

  • NameSamruddhi Nagara
  • TypePlotted Development
  • Location
    • Hospet
    • Vijayanagara
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1248/440/PR/041122/005395
  • ReraGenie IDRG-KA-72619

Builder

  • NameSamruddhi Greens
  • Entity typePartnership Firm
  • Authorized SignatoryH V Sharanaswamy
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredNov 2022PromisedDec 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Nov 2022
  • Promised completion31 Dec 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed103 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.

Named landowners1
LandownerVillageDistrict
Samruddi Greens--

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 1.38 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 82.00 lakh-
Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for constructionRs 30.00 lakh-
Payment of taxesRs 25.00 lakh-
On-site expenditure-Consultants FeesRs 50,000-
On-site expenditure-Site OverheadRs 5,000-

Certifying professionals and partners2

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

RoleName
EngineerVishnu Kumar
Chartered AccountantSeenam Bhat

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed103

As listed on the registration, under the names the promoter filed them with; the newest 80 of 103 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1248/440/PR/041122/005395 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Initial Sanction letterFile: 1 Initial Sanction letter.pdf12 Oct 2022
Work Completion orderFile: 2 Work Completion order.pdf12 Oct 2022
PWD Completion Letter and NOCFile: 3 PWD Completion Letter and NOC.pdf12 Oct 2022
Final Approved PlanFile: 4 Final Approved Plan.pdf12 Oct 2022
Final Release OrderFile: 5 Final Release Order.pdf12 Oct 2022
Relinquishment deedFile: 6 Relinquishment deed.pdf12 Oct 2022
Supplementary Partnership DeedFile: 7 Supplementary Partnership Deed.pdf12 Oct 2022
Response from Promoter on the 2nd Notice from authorityFile: 1 Response to 2nd Notice from authority.pdf23 Sep 2022
COI and Partnership DeedFile: 2 COI and Partnership Deed.pdf23 Sep 2022
MR H10 Yamunamma to MallinathaFile: 3 MR H10 Yamunamma to Mallinatha.pdf23 Sep 2022
RTC Sy No 21-B-1File: 4 RTC Sy No 21-B-1.pdf23 Sep 2022
Initial Sanction letterFile: 5 Initial Sanction letter.pdf23 Sep 2022
Initial Approved PlanFile: 6 Initial Approved Plan.pdf23 Sep 2022
Clarification on Relinquishment DeedFile: 7 Clarification on Relinquishment Deed.pdf23 Sep 2022
Query Response DocumentFile: Reply to rera remarks dated 16-7-2022.pdf26 Jul 2022
Attested Company PANFile: Signed PAN.pdf26 Jul 2022
Self Attested PANFile: Self Attested PAN.pdf26 Jul 2022
Clear Layout PlanFile: Approved Plan.pdf26 Jul 2022
Hissa phody copyFile: Survey Sketch and Phodi document.pdf26 Jul 2022
Partnership DeedFile: Partnership Deed.pdf26 Jul 2022
Water NOC with Fee paid receiptFile: Water NOC with Fee paid receipt.pdf26 Jul 2022
Sec 3(1) AffidavitFile: Sec 3(1) Affidavit.pdf26 Jul 2022
MR Sy No 21/B1File: MR Sy No 21:B1.pdf26 Jul 2022
Electricity NOC with Fee paid detailsFile: Electricity NOC.pdf26 Jul 2022
Layout Work OrderFile: Initial Sanction letter.pdf26 Jul 2022
RTC, survey 21/B1-
Mutation, survey 21/B1-
Encumbrance Certificate, survey 21/B1-
Conversion/Alienation Order, survey 21/B1-
Sale/Title/Gift Deed, survey 21/B1-
Khatha, survey 21/B1-
Registration CertificateFile: Company Incorporation letter.pdf-
Partnership DeedFile: Partnership Deed.pdf-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1.pdf-
Certificate issued by Engineer Form 3File: Form 3.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non Litigation affidavit with page nos.pdf-
Certificate from Chartered AccountFile: Form 1.pdf-
Certificate issued by ArchitectFile: Form 2 Samruddhi Greens.pdf-
Balance Sheet 2020 - 2021File: Financials FY-21-22 Balance Sheet.pdf-
Balance Sheet 2019 - 2020File: Financials FY-20-21 Samruddhi Greens.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Financials FY-21-22 Profit & Loss.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Financials FY-20-21 Samruddhi Greens.pdf-
Cash Flow Statement 2019 - 2020File: Financials FY-20-21 Samruddhi Greens.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2020-21.pdf-
Initial Sanction letter-
Electricity NOC-
Water NOC-
Initial Approved Plan-
Initial Approved Plan-
Initial Approved Plan-
Project Specification-
Project Specification-
Legal Opinion-
Title deed-
Agreement of Sale Proforma-
Allotment Letter-
Form B Affidavit-
Sec 3(1) Affidavit-
Electricity NOC-
Water NOC-
Unnamed document-
Unnamed document-
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Unnamed document-
Unnamed document-
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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 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
SAMRUDDHI NAGARSy.No:279A/2 at Amaravathi Village, Hospet Taluk, Bellary DistrictCompleted-No date filed

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

Builder: Samruddhi Greens

Samruddhi Greens has 2 registrations on RERA Karnataka, including Samruddhi Nagara and BHUVANESHWARI NAGARA. Its filings declare 1 earlier project, 1 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 Nagara is delayed beyond 31 Dec 2022?

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 Nagara?

The registered promoter entity is Samruddhi Greens, 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 Nagara?

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 Nagara?

The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: Seenam Bhat. 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 Nagara?

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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