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Registration approved Residential/Group Housing project

Shakthi Kuteera

By Shakthi Golden Home Properties

RG-KA-70823 · RERA PRM/KA/RERA/1251/446/PR/171031/001701

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
Nov 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 33 documents Report an error

Shakthi Kuteera is a Residential/Group Housing project by Shakthi Golden Home Properties in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171031/001701 on 31 Oct 2017. Possession is promised by 8 Nov 2018.

At a glance

Project

  • NameShakthi Kuteera
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/446/PR/171031/001701
  • ReraGenie IDRG-KA-70823

Builder

  • NameShakthi Golden Home Properties
  • Entity typePartnership Firm
  • Authorized SignatoryShashi Kumar VM
  • OthersJagadish DK, Shashi Kumar VM

Key dates

this monthRegisteredOct 2017PromisedNov 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Oct 2017
  • Promised completion8 Nov 2018
  • Revised completionNone
  • Buildings1 building record
  • Documents filed33 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
shakthi kuteera---14014

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 area566 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 4.50 cr

Certifying professionals and partners2

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

RoleName
ArchitectVindya NS
EngineerRamesh S

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed33

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/171031/001701 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Firm registration.pdf-
commencement certificate-
plan scantion and licence - Shakthi kuteera-
Not Avaiable doc-
proforma of sale deed-
proforma of agreement of sale-
Sale deeds - shakthi kuteera-
Not Avaiable doc-
Not Avaiable doc-
Not Avaiable doc-
brochure-
Not Avaiable doc-
specifications-
Ec -shakthi kuteera-
Khatha- shakthi kuteera-
Balance Sheet 2015 - 2016File: balance sheet.pdf-
Balance Sheet 2014 - 2015File: firm incorporation.pdf-
Balance Sheet 2013 - 2014File: firm incorporation.pdf-
Audited Profit and Loss Statement 2015 - 2016File: audited profit and loss account.pdf-
Audited Profit and Loss Statement 2014 - 2015File: firm incorporation.pdf-
Audited Profit and Loss Statement 2013 - 2014File: firm incorporation.pdf-
Director's Report 2015 - 2016File: as it is partnershipfirm.pdf-
Director's Report 2014 - 2015File: as it is partnershipfirm.pdf-
Director's Report 2013 - 2014File: as it is partnershipfirm.pdf-
Cash Flow Statement 2015 - 2016File: as it is partnershipfirm.pdf-
Cash Flow Statement 2014 - 2015File: as it is partnershipfirm.pdf-
Auditor's Report 2015 - 2016File: Not under audit.pdf-
Auditor's Report 2014 - 2015File: Not under audit.pdf-
Auditor's Report 2013 - 2014File: Not under audit.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: income tax return acklogment.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: firm incorporation.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: firm incorporation.pdf-
declaration form b-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmShakthi KuteeraOther 16Dot size: filed unitsN

Filed coordinates, straight-line distance. 16 registered projects within 2 km.

Builder: Shakthi Golden Home Properties

Shakthi Golden Home Properties has 1 registration on RERA Karnataka, including Shakthi Kuteera. 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 Shakthi Kuteera is delayed beyond 8 Nov 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 Shakthi Kuteera?

The registered promoter entity is Shakthi Golden Home Properties, 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 Shakthi Kuteera?

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 Shakthi Kuteera?

The professionals named in the filing: Architect: Vindya NS; Engineer: Ramesh S. 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 Shakthi Kuteera?

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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