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Shanthi Nagar
By Kichadi Srinivas and Rajkumar Gandhi
RG-KA-75424 · RERA PRM/KA/RERA/1669/440/PR/110823/006151 · Last updated on RERA Karnataka portal: 9 Aug 2023
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.
Shanthi Nagar is a Plotted Development project by Kichadi Srinivas and Rajkumar Gandhi in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1669/440/PR/110823/006151 on 11 Aug 2023. Possession is promised by 27 Jun 2023.
At a glance
Project
- NameShanthi Nagar
- TypePlotted Development
- Location
- Hospet
- Vijayanagara
- 583201
- Pincode583201
- RERA no.PRM/KA/RERA/1669/440/PR/110823/006151
- ReraGenie IDRG-KA-75424
Builder
- NameKichadi Srinivas and Rajkumar Gandhi
- Entity typeOther ( Joint Development )
- Authorized SignatoryKichadi Srinivas
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on11 Aug 2023
- Promised completion27 Jun 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed86 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership2
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 |
|---|---|---|
| Nagaraj N | - | - |
| Nagaraj N | - | - |
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 1.63 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Vishnu Kumar |
| Chartered Accountant | Srikanth Agnihotri |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed86
As listed on the registration, under the names the promoter filed them with; the newest 80 of 86 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1669/440/PR/110823/006151 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| EC 27-1 2004 to 2020File: 1 EC 27-1 2004 to 2020.pdf | 9 Aug 2023 |
| Mutation copy 27-1 kn halli before conversionFile: 2 Mutation copy 27-1 kn halli before conversion.pdf | 9 Aug 2023 |
| Mutation copy of 23-2A kn halli before land conversionFile: 3 Mutation copy of 23-2A kn halli before land conversion.pdf | 9 Aug 2023 |
| Sale Deed in favour of Nagaraj Nayak 23-2AFile: 4 Sale Deed in favour of Nagaraj Nayak 23-2A.pdf | 9 Aug 2023 |
| Title Deed Sy No 23File: 5 Title Deed Sy No 23.pdf | 9 Aug 2023 |
| NOC on land conversion 5-42 AcresFile: 6 NOC on land conversion 5-42 Acres.pdf | 9 Aug 2023 |
| Village Map DemarcationFile: 7 Village Map Demarcation.pdf | 9 Aug 2023 |
| RTC, survey 27/1 | - |
| Mutation, survey 27/1 | - |
| Encumbrance Certificate, survey 27/1 | - |
| Conversion/Alienation Order, survey 27/1 | - |
| Sale/Title/Gift Deed, survey 27/1 | - |
| JDA, survey 27/1 | - |
| Khatha, survey 27/1 | - |
| RTC, survey 23/2A | - |
| Mutation, survey 23/2A | - |
| Encumbrance Certificate, survey 23/2A | - |
| Conversion/Alienation Order, survey 23/2A | - |
| Sale/Title/Gift Deed, survey 23/2A | - |
| JDA, survey 23/2A | - |
| Khatha, survey 23/2A | - |
| Certificate issued by CA Form 1File: Form Reg-1-K Srinivasa and Rajkumar Gandhi.pdf | - |
| Certificate issued by Engineer Form 3File: Form-3 Engineer Certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Affidavit for non litigation.pdf | - |
| Certificate from Chartered AccountFile: Form Reg-1-K Srinivasa and Rajkumar Gandhi.pdf | - |
| Certificate issued by ArchitectFile: Form-2 Shanthi Nagar.pdf | - |
| Balance Sheet 2021 - 2022File: BalanceSheet 2022-23.pdf | - |
| Balance Sheet 2020 - 2021File: Balance Sheet and Profit and Loss 2021-22.pdf | - |
| Balance Sheet 2019 - 2020File: Balance Sheet 2020-21.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: P&L 2022-23.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Balance Sheet and Profit and Loss 2021-22.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Profit and Loss 2020 - 2021.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ITR 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR Ack.pdf | - |
| Initial Sanction Letter | - |
| GESCOM NOC with fee paid receipt | - |
| Water NOC with fee paid receipt | - |
| Initial Project Plan | - |
| Initial Project Plan | - |
| Initial Project Plan | - |
| PROJECT SPECIFICAITON | - |
| PROJECT SPECIFICAITON | - |
| KN halli site legal opinion | - |
| JDA and GPA | - |
| CDP | - |
| Proforma Agreement of Sale | - |
| Proforma Allotment Letter | - |
| Form B Affidavit | - |
| Sec 3(1) Affidavit | - |
| JDA Affidavit | - |
| GESCOM NOC with fee paid receipt | - |
| Water NOC with fee paid receipt | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Relinquishment Deed | - |
| Work Completion Letter | - |
| Plan Approval Letter | - |
| PWD NOC kn halli plot | - |
| UGD demarcation plan | - |
| RajKumar Gandhi Financials 2019-20 | - |
| Rajkumar Gandhi Financials 2020-21 | - |
| Rajkumar Gandhi Financials 2021-22 | - |
| UDIN number K srinivasa | - |
| Final Order and Plan | - |
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Builder: Kichadi Srinivas and Rajkumar Gandhi
Kichadi Srinivas and Rajkumar Gandhi has 1 registration on RERA Karnataka, including Shanthi Nagar. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayanagara district page.
Frequently asked questions
What are my rights if Shanthi Nagar is delayed beyond 27 Jun 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 Shanthi Nagar?
The registered promoter entity is Kichadi Srinivas and Rajkumar Gandhi, an other ( joint development ) 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 Shanthi Nagar?
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 Shanthi Nagar?
The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: Srikanth Agnihotri. 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 Shanthi Nagar?
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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