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SB SANCTUARY
RG-KA-48594 · RERA PRM/KA/RERA/1250/303/PR/220722/005098 · Last updated on RERA Karnataka portal: 20 Jul 2022
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
SB SANCTUARY is a Plotted Development project by SB PROPERTIES in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/220722/005098 on 22 Jul 2022. Possession is promised by 31 May 2024.
At a glance
Project
- NameSB SANCTUARY
- TypePlotted Development
- Location
- Devanahalli
- Bengaluru Rural
- 562110
- Pincode562110
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1250/303/PR/220722/005098
- ReraGenie IDRG-KA-48594
Builder
- NameSB PROPERTIES
- Entity typePartnership Firm
- GSTIN29ADJFS0686E1ZR
- Authorized SignatoryK Janardhan Reddy
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on22 Jul 2022
- Promised completion31 May 2024
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed133 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership7
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Karan ravi shankar Sarnaik | - | - |
| Karan ravi shankar Sarnaik | - | - |
| Karan ravi shankar Sarnaik | - | - |
| Karan ravi shankar Sarnaik | - | - |
| Karan ravi shankar Sarnaik | - | - |
| M K Muniraju | - | - |
| SB Properties | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 8.35 cr | - |
| On-site expenditure-Consultants Fees | Rs 70.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 40.00 lakh | - |
| Payment of taxes | Rs 35.00 lakh | - |
| On-site expenditure-Salaries of workers | Rs 20.00 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Rajpurohit KaranSingh P |
| Chartered Accountant | C Lokesh |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed133
As listed on the registration, under the names the promoter filed them with; the newest 80 of 133 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/303/PR/220722/005098 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Village map demarcation of the proposed siteFile: Arasaahalli Peddanahalli Survey sketch - village map - village layout plan.pdf | 20 Jul 2022 |
| CDP plan showing the proposed Road Widening.File: Clarification with respect to production of CDP Plan showing proposed road widening c.pdf | 20 Jul 2022 |
| Clarity on water supply to the projectFile: Clarification with respect to confimation of Water supply by Grama Panchayath with NOC.pdf | 20 Jul 2022 |
| BESCOM NOC with fee receiptFile: NOC BESCOM_with receipt.pdf | 20 Jul 2022 |
| Proforma Agreement of SaleFile: Agreement of Sale Proforma.pdf | 20 Jul 2022 |
| Project SpecificationFile: Project Specifications.pdf | 20 Jul 2022 |
| Sec 3(1) Non violation affidavitFile: Sec 3(1) Non Violation Affidavit.pdf | 20 Jul 2022 |
| RTC, survey 92/2 | - |
| Mutation, survey 92/2 | - |
| Encumbrance Certificate, survey 92/2 | - |
| Conversion/Alienation Order, survey 92/2 | - |
| Sale/Title/Gift Deed, survey 92/2 | - |
| JDA, survey 92/2 | - |
| Khatha, survey 92/2 | - |
| RTC, survey 93/2 | - |
| Mutation, survey 93/2 | - |
| Encumbrance Certificate, survey 93/2 | - |
| Conversion/Alienation Order, survey 93/2 | - |
| Sale/Title/Gift Deed, survey 93/2 | - |
| JDA, survey 93/2 | - |
| Khatha, survey 93/2 | - |
| RTC, survey 93/3 | - |
| Mutation, survey 93/3 | - |
| Encumbrance Certificate, survey 93/3 | - |
| Conversion/Alienation Order, survey 93/3 | - |
| Sale/Title/Gift Deed, survey 93/3 | - |
| JDA, survey 93/3 | - |
| Khatha, survey 93/3 | - |
| RTC, survey 94/1 | - |
| Mutation, survey 94/1 | - |
| Encumbrance Certificate, survey 94/1 | - |
| Conversion/Alienation Order, survey 94/1 | - |
| Sale/Title/Gift Deed, survey 94/1 | - |
| JDA, survey 94/1 | - |
| Khatha, survey 94/1 | - |
| RTC, survey 95/1 | - |
| Mutation, survey 95/1 | - |
| Encumbrance Certificate, survey 95/1 | - |
| Conversion/Alienation Order, survey 95/1 | - |
| Sale/Title/Gift Deed, survey 95/1 | - |
| JDA, survey 95/1 | - |
| Khatha, survey 95/1 | - |
| RTC, survey 111/2 | - |
| Mutation, survey 111/2 | - |
| Encumbrance Certificate, survey 111/2 | - |
| Conversion/Alienation Order, survey 111/2 | - |
| Sale/Title/Gift Deed, survey 111/2 | - |
| JDA, survey 111/2 | - |
| Khatha, survey 111/2 | - |
| RTC, survey 93/1 | - |
| Mutation, survey 93/1 | - |
| Encumbrance Certificate, survey 93/1 | - |
| Conversion/Alienation Order, survey 93/1 | - |
| Sale/Title/Gift Deed, survey 93/1 | - |
| JDA, survey 93/1 | - |
| Khatha, survey 93/1 | - |
| Registration CertificateFile: Registration Certificate.pdf | - |
| Partnership DeedFile: 1 Partnership deed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form 1.pdf | - |
| Certificate issued by Engineer Form 3File: Form 3 .pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Affidavit for Non litigation.pdf | - |
| Certificate from Chartered AccountFile: Form 1.pdf | - |
| Certificate issued by ArchitectFile: Form 2.pdf | - |
| Balance Sheet 2019 - 2020File: Balance Sheet 2020 - 2021.pdf | - |
| Balance Sheet 2018 - 2019File: Balance Sheet 2019 - 2020.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: P&L 2020-2021.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: P&L 2019-2020.pdf | - |
| Auditor's Report 2019 - 2020File: Audit Report 2020-21.pdf | - |
| Auditor's Report 2018 - 2019File: Audit report 2019-20.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR 2020-21.pdf | - |
| Initial plan approval | - |
| NOC Electricity with Fee receipt c | - |
| NOC water | - |
| Approved Project Plan | - |
| Approved Plan | - |
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Builder: SB PROPERTIES
SB PROPERTIES has 1 registration on RERA Karnataka, including SB SANCTUARY. 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 SB SANCTUARY is delayed beyond 31 May 2024?
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 SB SANCTUARY?
The registered promoter entity is SB PROPERTIES, a partnership firm as per the filing. Its GSTIN 29ADJFS0686E1ZR 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 SB SANCTUARY?
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 SB SANCTUARY?
The professionals named in the filing: Engineer: Rajpurohit KaranSingh P; Chartered Accountant: C Lokesh. 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 SB SANCTUARY?
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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