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Registration approved Commercial project

SBR TOWERS

By SBR GROUP

RG-KA-25828 · RERA PRM/KA/RERA/1251/446/PR/200526/003433 · Last updated on RERA Karnataka portal: 21 May 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2024Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 68 documents Report an error

SBR TOWERS is a Commercial project by SBR GROUP in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/200526/003433 on 26 May 2020. Possession is promised by 30 Sep 2024. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSBR TOWERS
  • TypeCommercial
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/200526/003433
  • ReraGenie IDRG-KA-25828

Builder

  • NameSBR GROUP
  • Entity typePartnership Firm
  • Authorized SignatoryT.VENUGOPAL
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMay 2020First promiseDec 2023Revised toSep 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 May 2020
  • Promised completion30 Sep 2024
  • Revised completionRevised to 30 Sep 2024 (originally 31 Dec 2023)
  • Buildings1 building record
  • Documents filed68 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SBR TOWERS---12012

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 21 May 2020, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 21 May 2020, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionYes-
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

Land and ownership1

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area5,200 sq m
Named landowners1
LandownerVillageDistrict
KRISHNA E-CAMPUS PRIVATE LIMITED--

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 105.45 cr

Certifying professionals and partners2

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

RoleName
ArchitectAHIR CONSULTANCY PRIVATE LIMITED
EngineerNADIG CONSULTING

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionDec 2023 → Sep 2024

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed68

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/1251/446/PR/200526/003433 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
EC FROM 01/04/2016 To 20/05/2020File: EC FROM 01042016 TO 20052020.pdf21 May 2020
SITE AND COMMERCIAL PROJECT PLAN AND BBMP LICENCE LETTERFile: SITE AND PROJECT PLAN.pdf21 May 2020
CLARIFICATION LETTERFile: CLARIFICATION LETTER.PDF21 May 2020
CertificateFile: SBR GROUP PARTNERSHIP DEED FORM C.pdf-
9 Commencement Certificate-
10 Approved Building-
11 Approved Layout Plan-
18 SALEDEED DRAFT-
SBR TOWERS AOS-
13 Saledeed RTC-
14 Approved Section of building-
15 Area Development plan of project area-
16 Letter of Allotment-SBR-
BROCHURE SBR TOWERS-
Specifications SBR TOWERS -
8 Encumbrance Certificate-
Affidavit Notarized-
Joint Affidavit Cum Declaration Notarised-
22 Khatha BBMP Certificate-
20 JDA GPA-
20 JDA GPA-
25 Conversion certificate under sec 95 of KLR Act 1961-
26 NOC under sec 14 of KTCP Act-
48 UTILIZATION CERTIFICATE-
TDR DRC-
50 Relinquishment Deed-
FIRE NOC-
28 HAL - NOC-
29 BESCOM NOC pdf-
30 BWSSB Modified NOc and receipt dated-
31 KSPCB NOC-
SEIAA-
33 BSNL-
46 NOC for Neighbouring properties-
Unnamed document-
39 Urban Land Ceiling NOC-
38 BMRCL NOC-
41 Bangalore Urban Arts Commission-
42 Inspector of Factories controller of explosives Railways-
43 District Magistrate-
44 Coastal Regulation Zone Authority-
N A-
40 Sectional Drawing-
35 Existing Layout Plan-
36 Existing Section Plan and Specification-
CHANGE OF LAND-
47 Legal Opinion- Advocate Search Report-
Balance Sheet 2018 - 2019File: Balance sheet 2019.PDF-
Balance Sheet 2017 - 2018File: Balance Sheet 2018.PDF-
Balance Sheet 2016 - 2017File: Balance sheet 2017.PDF-
Audited Profit and Loss Statement 2018 - 2019File: Profit and loss 2019.PDF-
Audited Profit and Loss Statement 2017 - 2018File: Profit and Loss 2018.PDF-
Audited Profit and Loss Statement 2016 - 2017File: Profit and loss 2017.PDF-
Director's Report 2018 - 2019File: N A.pdf-
Director's Report 2017 - 2018File: N A.pdf-
Director's Report 2016 - 2017File: N A.pdf-
Cash Flow Statement 2018 - 2019File: N A.pdf-
Cash Flow Statement 2017 - 2018File: N A.pdf-
Auditor's Report 2018 - 2019File: Balance sheet 2019.PDF-
Auditor's Report 2017 - 2018File: Audit Report 2018.PDF-
Auditor's Report 2016 - 2017File: N A.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2019.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 2018.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 2017.pdf-
FORM B NOTARIZED-
Prospectus/BrochureFile: BROCHURE SBR Towers.PDF-
Advertisement Copy 1File: BROCHURE SBR Towers.PDF-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_200526_003433.xlsx-

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
SBR HORIZON-Completed-No date filed

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
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: SBR GROUP

SBR GROUP has 2 registrations on RERA Karnataka, including SBR HORIZON and SBR TOWERS. 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 SBR TOWERS is delayed beyond 30 Sep 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 SBR TOWERS?

The registered promoter entity is SBR 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 SBR TOWERS?

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 SBR TOWERS?

The professionals named in the filing: Architect: AHIR CONSULTANCY PRIVATE LIMITED; Engineer: NADIG CONSULTING. 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 SBR TOWERS?

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; why the completion date was revised and what the new timeline depends on.

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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