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Registration approved Residential/Group Housing project

Samruddhi North Square

By Samruddhi Realty Limited

RG-KA-72563 · RERA PRM/KA/RERA/1251/446/PR/180524/001807

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
Mar 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

Samruddhi North Square is a Residential/Group Housing project by Samruddhi Realty Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180524/001807 on 24 May 2018. Possession is promised by 31 Mar 2019.

At a glance

Project

  • NameSamruddhi North Square
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180524/001807
  • ReraGenie IDRG-KA-72563

Builder

  • NameSamruddhi Realty Limited
  • Entity typeCompany
  • CINU07010KA2003PTC032934
  • Authorized SignatoryMr RAVINDRA M MADHUDI
  • Other registrations1 more →

Key dates

this monthRegisteredMay 2018PromisedMar 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on24 May 2018
  • Promised completion31 Mar 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed34 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 area6,981 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 33.80 cr

Certifying professionals and partners2

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

RoleName
ArchitectMr.Yogeshwar Kulkarni
EngineerM/s Vision Structural Design Aid

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed34

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/1251/446/PR/180524/001807 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: COI.pdf-
North Squarecc ack-
Drawing with seal and sign-
North Square - SECTION & ELEVATION--
Sale Deed NS - Draft RERA-
Agreement Sale NS - Draft RERA-
NS LAND DOCS-
North_Square_-_Ground_Floor_Plan-
North_Square_-_Ground_Floor_Plan-
Allotment letter NS - DRAFT RERA-
NORTH_SQUARE_Brocure (1)-
pcb noc-
NORTH SQUARE Specs-
NS ec-
NS LAND DOCS-
NS LAND DOCS-
Balance Sheet 2015 - 2016File: BS-2015-16.pdf-
Balance Sheet 2014 - 2015File: BS-2014-15.pdf-
Balance Sheet 2013 - 2014File: BS-2013-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: PL-2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: PL-2014-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: PL-2013-14.pdf-
Director's Report 2015 - 2016File: Directors Report-2015-16-new.pdf-
Director's Report 2014 - 2015File: Directors Report-14-15.PDF-
Director's Report 2013 - 2014File: Directors Report-13-14.PDF-
Cash Flow Statement 2015 - 2016File: CF-2015-16.pdf-
Cash Flow Statement 2014 - 2015File: CF-2014-15.pdf-
Auditor's Report 2015 - 2016File: Auditors Report-2015-16.pdf-
Auditor's Report 2014 - 2015File: Audit Report-2014-15.PDF-
Auditor's Report 2013 - 2014File: Audit Report-2013-14.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: ITR-Acknowledgment-2015-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR-Acknowledgment-2014-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR-Acknowledgment-2013-14.pdf-
NS Form B-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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: Samruddhi Realty Limited

Samruddhi Realty Limited has 2 registrations on RERA Karnataka, including Samruddhi Winter Green and Samruddhi North Square. 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 Samruddhi North Square is delayed beyond 31 Mar 2019?

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 North Square?

The registered promoter entity is Samruddhi Realty Limited, a company as per the filing. Its CIN U07010KA2003PTC032934 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 Samruddhi North Square?

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 North Square?

The professionals named in the filing: Architect: Mr.Yogeshwar Kulkarni; Engineer: M/s Vision Structural Design Aid. 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 North Square?

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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