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Registration approved Residential/Group Housing project

saptagiri sannidhi

By Saptagiri Developers & Co

RG-KA-48873 · RERA PRM/KA/RERA/1251/309/PR/171015/000835

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
Jun 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 37 documents Report an error

saptagiri sannidhi is a Residential/Group Housing project by Saptagiri Developers & Co in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171015/000835 on 15 Oct 2017. Possession is promised by 30 Jun 2018.

At a glance

Project

  • Namesaptagiri sannidhi
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/309/PR/171015/000835
  • ReraGenie IDRG-KA-48873

Builder

  • NameSaptagiri Developers & Co
  • Entity typePartnership Firm
  • Authorized SignatoryK.Janardhana Rao
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredOct 2017PromisedJun 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Oct 2017
  • Promised completion30 Jun 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed37 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 area3,375 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 16.00 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed37

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/1251/309/PR/171015/000835 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: img027.jpg-
formb20170910_13355782-
approved-building-plan-
approved-building-plan-
formb20170731_22571425-
commence_certificate-
katha-
approved-building-plan-
approved-building-plan-
approved-building-plan-
IMG-20170731-WA0005-
kaveri-
IMG-20170731-WA0002-
ec-
katha-
Balance Sheet 2015 - 2016File: 2016-NOT-APPLICABLE-BALANCESHEET.pdf-
Balance Sheet 2014 - 2015File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Balance Sheet 2013 - 2014File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2016-NOT-APPLICABLE-BALANCESHEET.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Director's Report 2015 - 2016File: 2016-NOT-APPLICABLE-BALANCESHEET.pdf-
Director's Report 2014 - 2015File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Director's Report 2013 - 2014File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Cash Flow Statement 2015 - 2016File: 2016-NOT-APPLICABLE-BALANCESHEET.pdf-
Cash Flow Statement 2014 - 2015File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Auditor's Report 2015 - 2016File: 2016-NOT-APPLICABLE-BALANCESHEET.pdf-
Auditor's Report 2014 - 2015File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Auditor's Report 2013 - 2014File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 2016-NOT-APPLICABLE-BALANCESHEET.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 2014-NOT-APPLICABLE-BALANCESHEET.pdf-
formb20170731_22571425-
Occupancy CertificateFile: 20181227160346576.pdf-
Completion certificateFile: 20181227160326243.pdf-
Registered Agreement of SaleFile: 20181227160624790.pdf-
Registered conveyance deed for an individual unitFile: 20181227160748275.pdf-

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: Saptagiri Developers & Co

Saptagiri Developers & Co has 2 registrations on RERA Karnataka, including saptagiri sannidhi and SAPTAGIRI NIVAS. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if saptagiri sannidhi is delayed beyond 30 Jun 2018?

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 saptagiri sannidhi?

The registered promoter entity is Saptagiri Developers & Co, 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 saptagiri sannidhi?

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 saptagiri sannidhi?

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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