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SARASWATHI REGENCY
RG-KA-45397 · RERA PRM/KA/RERA/1273/318/PR/190701/002639 · Last updated on RERA Karnataka portal: Not stated
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
Saved.
SARASWATHI REGENCY is a Residential/Group Housing project by PRAJNA SHETTY in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/190701/002639 on 1 Jul 2019. Possession is promised by 30 Sep 2018.
At a glance
Project
- NameSARASWATHI REGENCY
- TypeResidential/Group Housing
- Location
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/318/PR/190701/002639
- ReraGenie IDRG-KA-45397
Builder
- NamePRAJNA SHETTY
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on1 Jul 2019
- Promised completion30 Sep 2018
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed42 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.
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed42
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/1273/318/PR/190701/002639 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| LICENSE | - |
| PLAN JPG (2) | - |
| LAND0009 | - |
| AFFIDAVIT | - |
| AF2 | - |
| LAND | - |
| PLAN JPG (2) | - |
| PLAN JPG (2) | - |
| AF2 | - |
| AF2 | - |
| OCCUPANCY | - |
| SPECIFICATION | - |
| EC | - |
| affidavit | - |
| KATHA | - |
| CA CERTIFICATE | - |
| OCCUPANCY | - |
| LAND0009 | - |
| PLAN | - |
| CONVERTION | - |
| Balance Sheet 2017 - 2018File: new project.jpg | - |
| Balance Sheet 2016 - 2017File: new project.jpg | - |
| Balance Sheet 2015 - 2016File: new project.jpg | - |
| Audited Profit and Loss Statement 2017 - 2018File: new project.jpg | - |
| Audited Profit and Loss Statement 2016 - 2017File: new project.jpg | - |
| Audited Profit and Loss Statement 2015 - 2016File: new project.jpg | - |
| Director's Report 2017 - 2018File: new project.jpg | - |
| Director's Report 2016 - 2017File: new project.jpg | - |
| Director's Report 2015 - 2016File: new project.jpg | - |
| Cash Flow Statement 2017 - 2018File: new project.jpg | - |
| Cash Flow Statement 2016 - 2017File: new project.jpg | - |
| Auditor's Report 2017 - 2018File: new project.jpg | - |
| Auditor's Report 2016 - 2017File: new project.jpg | - |
| Auditor's Report 2015 - 2016File: new project.jpg | - |
| Income Tax Return Acknowledgement 2017 - 2018File: new project.jpg | - |
| Income Tax Return Acknowledgement 2016 - 2017File: new project.jpg | - |
| Income Tax Return Acknowledgement 2015 - 2016File: new project.jpg | - |
| formb | - |
| Occupancy CertificateFile: completion udupi.pdf | - |
| Completion certificateFile: completion udupi.pdf | - |
| Registered Agreement of SaleFile: sale deed udupi_compressed.pdf | - |
| Registered conveyance deed for an individual unitFile: sale deed udupi_compressed.pdf | - |
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Builder: PRAJNA SHETTY
PRAJNA SHETTY has 1 registration on RERA Karnataka, including SARASWATHI REGENCY. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.
Frequently asked questions
What are my rights if SARASWATHI REGENCY is delayed beyond 30 Sep 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 SARASWATHI REGENCY?
The registered promoter entity is PRAJNA SHETTY. 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 SARASWATHI REGENCY?
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 SARASWATHI REGENCY?
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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