Home / Browse projects / Bengaluru Urban, Karnataka / SHAKTI SPRINGS
SHAKTI SPRINGS
By Shakti Homes
RG-KA-63109 · RERA PRM/KA/RERA/1251/310/PR/190215/002378 · Last updated on RERA Karnataka portal: 21 Jun 2022
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 21 months
- 2 extensions taken
Clear
- No complaints on record
- Separate project account declared
Saved.
SHAKTI SPRINGS is a Residential/Group Housing project by Shakti Homes in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/190215/002378 on 15 Feb 2019. Possession is promised by 30 Mar 2023. The completion date has moved by 21 months from the original filing.
At a glance
Project
- NameSHAKTI SPRINGS
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/310/PR/190215/002378
- ReraGenie IDRG-KA-63109
Builder
- NameShakti Homes
- Entity typePartnership Firm
- Authorized SignatoryMUKESH KUMAR DEVGADE
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 Feb 2019
- Promised completion30 Mar 2023
- Revised completionRevised to 30 Mar 2023 (originally 30 Jun 2021)
- Buildings24 building records
- Documents filed73 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| 1 | - | - | - | 1 | 0 | 1 |
| 2 | - | - | - | 1 | 0 | 1 |
| 3 | - | - | - | 1 | 0 | 1 |
| 4 | - | - | - | 1 | 0 | 1 |
| 5 | - | - | - | 1 | 0 | 1 |
| 6 | - | - | - | 1 | 0 | 1 |
| 7 | - | - | - | 1 | 0 | 1 |
| 8 | - | - | - | 1 | 0 | 1 |
| 9 | - | - | - | 1 | 0 | 1 |
| 10 | - | - | - | 1 | 0 | 1 |
| 11 | - | - | - | 1 | 0 | 1 |
| 12 | - | - | - | 1 | 0 | 1 |
| 13 | - | - | - | 1 | 0 | 1 |
| 14 | - | - | - | 1 | 0 | 1 |
| 15 | - | - | - | 1 | 0 | 1 |
| 16 | - | - | - | 1 | 0 | 1 |
| 17 | - | - | - | 1 | 0 | 1 |
| 18 | - | - | - | 1 | 0 | 1 |
| 19 | - | - | - | 1 | 0 | 1 |
| 20 | - | - | - | 1 | 0 | 1 |
| 21 | - | - | - | 1 | 0 | 1 |
| 22 | - | - | - | 1 | 0 | 1 |
| 23 | - | - | - | 1 | 0 | 1 |
| 24 | - | - | - | 1 | 0 | 1 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 21 Jun 2022, 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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | Not applicable |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Not applicable |
| 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 work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| 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 Jun 2022, 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | No | Not applicable |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | Yes | - |
| Swimming Pool | No | Not applicable |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | No | Not applicable |
| Staircases and Lift lobbies, corridor,lobbies, corridor | No | Not applicable |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
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 | yukti constultants |
| Engineer | NR ASSOCIATES |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Reason as filed by the promoterForce Majeure; Shortage of Labour
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed73
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/1251/310/PR/190215/002378 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| DELAY REASONFile: (1) Delay reason.pdf | 21 Jun 2022 |
| EX1File: (1A) form Ex - 1.pdf | 21 Jun 2022 |
| EX-2File: (1B) form Ex - 2.pdf | 21 Jun 2022 |
| COA NO.File: (1C) BBMP RC - Shivakumar- Architect.pdf | 21 Jun 2022 |
| AREA DETAILSFile: Area details.pdf | 21 Jun 2022 |
| COST DETAILSFile: (2) Cost Details.pdf | 21 Jun 2022 |
| LIST OF ALLOTTEESFile: (3) list of allottees.pdf | 21 Jun 2022 |
| AFFIDAVITFile: (4) Afidavit.pdf | 21 Jun 2022 |
| DEVELOPMENT DETAILSFile: (5) Row House wise work complition.pdf | 21 Jun 2022 |
| STRUCTURAL SAFTYFile: (6) structural stability certificate.pdf | 21 Jun 2022 |
| PREFORMA OF AGREEMENT OF SALEFile: (7) Draft copy of Sale Agreement.pdf | 21 Jun 2022 |
| CONTRACTORS DETAILSFile: (8) Self Declaration Regarding Project Contractors.pdf | 21 Jun 2022 |
| PROJECT LOCATIONFile: (9) Location Latitude and longitude.pdf | 21 Jun 2022 |
| NOCFile: (10) NOC KPTCL & BESCOM.pdf | 21 Jun 2022 |
| EC-SEARCH REPORTFile: (11) Advocate search report.jpg | 21 Jun 2022 |
| STP DEMARCATION SITE PLANFile: (12) STP - Demarcation site plan.jpg | 21 Jun 2022 |
| STP DESIGN DRAWINGFile: (12A) STP - Design Drawing.pdf | 21 Jun 2022 |
| PROJECT SPECIFICATIONSFile: (13) Project Specification.pdf | 21 Jun 2022 |
| PROJECT MEMBER DETAILSFile: (14) Project Member Details.pdf | 21 Jun 2022 |
| CertificateFile: Shakti homes Firm Registration.pdf | - |
| Architect Certificate for Work Completion Schedule till DateFile: form-Ex1 Project Extension.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: form- Ex 5 Project Extension.pdf | - |
| CA Certificate for Funds UtilizationFile: Fund Utilized Certificate.PDF | - |
| Architect Certificate for Pending Work Completion Schedule.File: From-Ex2 Project Extension.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: form- Ex 6 Project Extension.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: Fund Requirement Certificate.PDF | - |
| AffidavitFile: form Ex -7.pdf | - |
| Latest Encumbrance CertificateFile: EC.jpg | - |
| Consent letter from 2/3rd of AllotteesFile: Consent -1 (4 files merged).pdf | - |
| Details Of Sold/ Un-sold UnitsFile: Shakti Springs-Sold - UnSold Units.pdf | - |
| Document 1File: form B .pdf | - |
| page | - |
| Sactioned Plan | - |
| Sactioned Plan | - |
| page | - |
| page | - |
| Partition Deed | - |
| Sactioned Plan | - |
| Sactioned Plan | - |
| page | - |
| e-brochure 1 | - |
| NOC - KSPCB | - |
| page | - |
| EC _ 01-04-1940 to 06-06-2018 | - |
| Shakti Homes - Affidavit | - |
| Khatha & Extract | - |
| JDA Rectification | - |
| Conversion | - |
| NOC - KSPCB | - |
| Sactioned Plan | - |
| e-brochure 1 | - |
| page | - |
| Balance Sheet 2017 - 2018File: BS 2018.pdf | - |
| Balance Sheet 2016 - 2017File: BS 2017.pdf | - |
| Balance Sheet 2015 - 2016File: B S- 2016.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: P& L 2018.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: P & L 2017.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: P & L 2016.pdf | - |
| Director's Report 2017 - 2018File: page.pdf | - |
| Director's Report 2016 - 2017File: page.pdf | - |
| Director's Report 2015 - 2016File: page.pdf | - |
| Cash Flow Statement 2017 - 2018File: page.pdf | - |
| Cash Flow Statement 2016 - 2017File: page.pdf | - |
| Auditor's Report 2017 - 2018File: page.pdf | - |
| Auditor's Report 2016 - 2017File: page.pdf | - |
| Auditor's Report 2015 - 2016File: page.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR 5 - Acknowledgement - AY 2018-19.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR 5 - Acknowledgement - AY 2017-18.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR 5 - Acknowledgement - AY 2016-17.pdf | - |
| Form - B - Declaration - | - |
| Prospectus/BrochureFile: Shakti Springs - Brochure.pdf | - |
| Advertisement Copy 1File: IMG-20190713-WA0004.jpg | - |
| Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_190215_002378.xlsx | - |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Bengaluru Urban
Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.
Keep SHAKTI SPRINGS 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 Urban4,100+ in Bengaluru Urban
Prestige Park Grove
PRESTIGE PROJECTS PRIVATE LIMITED
Prestige Lakeside Habitat
Prestige Habitat Ventures
LivingTree by Kalyani Developers
Kalyani Tech Park Private Limited
PRESTIGE FALCON CITY
PRESTIGE NOTTINGHILL INVESTMENTS
SATTVA CITY
SATTVA CITY PRIVATE LIMITED
GM AMBITIOUS ENCLAVE
M/s. Allam Infinite India Private Limited
See every Bengaluru Urban project, with the district possession charts
Builder: Shakti Homes
Shakti Homes has 1 registration on RERA Karnataka, including SHAKTI SPRINGS. 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 SHAKTI SPRINGS is delayed beyond 30 Mar 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 SHAKTI SPRINGS?
The registered promoter entity is Shakti Homes, 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 SHAKTI SPRINGS?
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 SHAKTI SPRINGS?
The professionals named in the filing: Architect: yukti constultants; Engineer: NR ASSOCIATES. 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 SHAKTI SPRINGS?
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.
Report an error Share feedback