ReraGenieLog inGet a buyer report

Home / Browse projects / Bengaluru Rural, Karnataka / Sathya Sai Royal Palm

Registration approved Plotted Development project

Sathya Sai Royal Palm

By Sathya Sai Developers

RG-KA-16878 · RERA PRM/KA/RERA/1250/304/PR/190131/002322

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 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 25 documents Report an error

Sathya Sai Royal Palm is a Plotted Development project by Sathya Sai Developers in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/190131/002322 on 31 Jan 2019. Possession is promised by 30 Jun 2019.

At a glance

Project

  • NameSathya Sai Royal Palm
  • TypePlotted Development
  • Location
    • Hosakote
    • Bengaluru Rural
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1250/304/PR/190131/002322
  • ReraGenie IDRG-KA-16878

Builder

  • NameSathya Sai Developers
  • Entity typeCompany
  • Authorized SignatoryMr.S.Srinivas

Key dates

this monthRegisteredJan 2019PromisedJun 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Jan 2019
  • Promised completion30 Jun 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed25 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 area52,557 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 15.00 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed25

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/1250/304/PR/190131/002322 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: TRADE LICESCE.pdf-
APROVED PLAN-
20181112174349126-
all merg-
20181112174349126-
EC AS 4381-
AFFIDAVITE-
Katha-
JDA-
rera sale deed-
Plot Excel SheetFile: PRMKARERA1250304PR190131002322.xlsx-
Final plan technical sanction LetterFile: Release Order.pdf-
Completion CertificateFile: Release Order.pdf-
Site release order Copies(1st,2nd phase and final release order)File: Release Order.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: NOC -PWD.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: NOC municipal.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: Bescom.pdf-
Certificate issued by KSPCB, consent for operation of STP plantFile: NOC State polution Board.pdf-
Whether the structures,civic amenities and other services handed over to local authority for maintenanceFile: NOC municipal.pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: Bescom.pdf-
Chartered Accountant Certificate (Form-4)File: CA form -4 CC.pdf-
Architect's Certificate (Form-5)File: Architect Certificate.pdf-
Engineer's Certificate (Form-6)File: Engineer Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: COMPLETION AFFIDAVIT.pdf-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one has not
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

Keep Sathya Sai Royal Palm on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Bengaluru Rural650+ in Bengaluru Rural

Builder: Sathya Sai Developers

Sathya Sai Developers has 1 registration on RERA Karnataka, including Sathya Sai Royal Palm. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if Sathya Sai Royal Palm is delayed beyond 30 Jun 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 Sathya Sai Royal Palm?

The registered promoter entity is Sathya Sai Developers, a company 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 Sathya Sai Royal Palm?

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 Sathya Sai Royal Palm?

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.

Report an error Share feedback

Report an error or share feedback

About Sathya Sai Royal Palm. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save Sathya Sai Royal Palm to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.