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Registration approved Plotted Development project

Sapthagiri Nagar Phase - 1

By Pragathi Group

RG-KA-24371 · RERA PRM/KA/RERA/1251/308/PR/180313/002793

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
Feb 2020Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 44 documents Report an error

Sapthagiri Nagar Phase - 1 is a Plotted Development project by Pragathi Group in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/180313/002793 on 13 Mar 2018. Possession is promised by 11 Feb 2020.

At a glance

Project

  • NameSapthagiri Nagar Phase - 1
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/308/PR/180313/002793
  • ReraGenie IDRG-KA-24371

Builder

  • NamePragathi Group
  • Entity typePartnership Firm
  • Authorized SignatoryY.A .Hari Kishore
  • OthersT.V.Babu, T.V.Satish kumar, T.V. Mahesh kumar
  • Other registrations2 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMar 2018PromisedFeb 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on13 Mar 2018
  • Promised completion11 Feb 2020
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed44 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 area93,890 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 13.92 cr

Certifying professionals and partners1

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

RoleName
EngineerD.A. Vijaya Gopal (Urban Planner)

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed44

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/1251/308/PR/180313/002793 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: FORMD 001.jpg-
Commencement letter-
Approved Plan-
Approved Plan-
SALE DEED DRAFT FINAL-
AGREEMENT FOR SALE FINAL-
89 111 115 1 2 sale deed rtc partnership deed-
Approved Plan-
Approved Plan-
Brochure-
Specification letter-
89 111 115 EC-
89 111 115 1 115 2 MR-
JDA SY NO 115-1-2-
SY_NO_89_111_115_CONVERSION_ORDER (1)-
STRR Relinqeshment Deed-
Approved Plan-
Approved Plan-
change of land use-
Balance Sheet 2016 - 2017File: Balance Sheet FY 2016-17.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet FY 2015-16.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet FY 2014-15.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L FY 2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L FY 2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L FY 2014-15.pdf-
Director's Report 2016 - 2017File: DR.pdf-
Director's Report 2015 - 2016File: DR.pdf-
Director's Report 2014 - 2015File: DR.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement for 3 years 2014-17.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement for 3 years 2014-17.pdf-
Auditor's Report 2016 - 2017File: Audit report 17-18.pdf-
Auditor's Report 2015 - 2016File: Audit report 16-17.pdf-
Auditor's Report 2014 - 2015File: audit report 15-16.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: IT Return FY 2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT Return FY 2015-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT Return FY 2014-15.pdf-
FORM B-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: Advertise copy.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1267_374_PR_180728_001957.xlsx-
Occupancy CertificateFile: Sarjapura Final Plan Release order_compressed.pdf-
Completion certificateFile: Sarjapura Final Plan Release order_compressed.pdf-
Registered Agreement of SaleFile: RERA AOS CGTIT.pdf-
Registered conveyance deed for an individual unitFile: RERA Convy CGTIT.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 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Prasad Pragathi Nesara-Completed-No date filed

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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmSapthagiri Nagar Phase -Other 13Dot size: filed unitsN

Filed coordinates, straight-line distance. 13 registered projects within 2 km.

Builder: Pragathi Group

Pragathi Group has 3 registrations on RERA Karnataka, including Sapthagiri Nagar Phase - 1 and Pragathi Dreams. Its filings declare 1 earlier project, 1 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 Sapthagiri Nagar Phase - 1 is delayed beyond 11 Feb 2020?

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 Sapthagiri Nagar Phase - 1?

The registered promoter entity is Pragathi Group, 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 Sapthagiri Nagar Phase - 1?

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 Sapthagiri Nagar Phase - 1?

The professionals named in the filing: Engineer: D.A. Vijaya Gopal (Urban Planner). 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 Sapthagiri Nagar Phase - 1?

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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