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SGM PETALS
RG-KA-22281 · RERA PRM/KA/RERA/1251/308/PR/200811/003522 · Last updated on RERA Karnataka portal: 5 Aug 2020
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.
SGM PETALS is a Residential/Group Housing project by S G M DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/200811/003522 on 11 Aug 2020. Possession is promised by 30 Dec 2023.
At a glance
Project
- NameSGM PETALS
- TypeResidential/Group Housing
- Location
- Anekal
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/308/PR/200811/003522
- ReraGenie IDRG-KA-22281
Builder
- NameS G M DEVELOPERS
- Entity typePartnership Firm
- Authorized SignatoryG.Gajendra
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on11 Aug 2020
- Promised completion30 Dec 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed32 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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | V.SIVA KUMAR |
| Engineer | SRINIVAS RAO BOLIMUNTA |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed32
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/200811/003522 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| KSPCB - NOCFile: KSPCB - NOC.pdf | 5 Aug 2020 |
| BANK STATEMENTFile: BANK.pdf | 5 Aug 2020 |
| BWSSB - NOC - RECEIPTFile: BWSSB - NOC - RECEIPT.pdf | 5 Aug 2020 |
| BWSSB - DEMANDFile: BWSSB-DemandNote (1).pdf | 5 Aug 2020 |
| BWSSB - RECEIPTFile: BWSSB Payment.pdf | 5 Aug 2020 |
| BWSSB NOC CHARGES PAID CHALLANFile: 2.pdf | 15 Jul 2020 |
| EC FROM 1/4/2011 TO 10/7/2020File: EC.pdf | 15 Jul 2020 |
| BWSSB DEMAND NOTEFile: BWSSB-DemandNote (1).pdf | 15 Jul 2020 |
| bank pass bookFile: BANK STATEMENT.pdf | 6 Jul 2020 |
| Conversion OrderFile: Conversion Order.pdf | 6 Jul 2020 |
| BWSSB NOC charges paid receiptFile: BWSSB charges paid Receipt.pdf | 6 Jul 2020 |
| BBMP Plan SanctionFile: PALN SANCTION (3).pdf | 6 Jul 2020 |
| BBMP Plan LicenseFile: BBMP LICENCE.pdf | 6 Jul 2020 |
| Sale deedFile: sale deed No.724-13-14.pdf | 24 Jun 2020 |
| Encumbrance certificateFile: EC 1-4-2004 to 5-1-2019.pdf | 24 Jun 2020 |
| Sanction planFile: Sanction Plan.pdf | 24 Jun 2020 |
| CertificateFile: Partnership deed_compressed.pdf | - |
| SANCTION PLAN | - |
| SANCTION PLAN | - |
| SALE Agreement | - |
| SALE Agreement | - |
| RTC 1969 to 2002 | - |
| SANCTION PLAN | - |
| SANCTION PLAN | - |
| EC 1-4-2004 to 5-1-2019 | - |
| Khatha Certificate and Extract | - |
| Revenue Records | - |
| Nil Tenancy Certificate | - |
| KSPCB -NOC | - |
| Unnamed document | - |
| SANCTION PLAN | - |
| Form -B | - |
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Builder: S G M DEVELOPERS
S G M DEVELOPERS has 1 registration on RERA Karnataka, including SGM PETALS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if SGM PETALS is delayed beyond 30 Dec 2023?
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 SGM PETALS?
The registered promoter entity is S G M DEVELOPERS, 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 SGM PETALS?
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 SGM PETALS?
The professionals named in the filing: Architect: V.SIVA KUMAR; Engineer: SRINIVAS RAO BOLIMUNTA. 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 SGM PETALS?
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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