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Registration approved Commercial project

Shilpitha Tech Park

By Maithri Developers

RG-KA-11965 · RERA PRM/KA/RERA/1250/304/PR/210824/004282 · Last updated on RERA Karnataka portal: 4 Apr 2022

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
May 2023Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 91 documents Report an error

Shilpitha Tech Park is a Commercial project by Maithri Developers in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/210824/004282 on 24 Aug 2021. Possession is promised by 31 May 2023. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameShilpitha Tech Park
  • TypeCommercial
  • Location
    • Hosakote
    • Bengaluru Rural
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1250/304/PR/210824/004282
  • ReraGenie IDRG-KA-11965

Builder

  • NameMaithri Developers
  • Entity typeCompany
  • Authorized SignatoryBVS Reddy
  • Other registrations2 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredAug 2021First promiseMay 2022Revised toMay 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on24 Aug 2021
  • Promised completion31 May 2023
  • Revised completionRevised to 31 May 2023 (originally 31 May 2022)
  • Buildings1 building record
  • Documents filed91 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Shilpitha Tech Park---01212

The full filing

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

Construction progress by building1

As on 4 Apr 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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
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 4 Apr 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 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 managementNoNot applicable
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyNoNot applicable
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 incerntionNoNot applicable
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 energyNoNot 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.

Land area8,087 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 75.00 cr

Extensions applied for1

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

EX/PRM/KA/RERA/1250/304/PR/220810/004282May 2022 → May 2023

Reason as filed by the promoterShortage of Labour

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed91

As listed on the registration, under the names the promoter filed them with; the newest 80 of 91 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/304/PR/210824/004282 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
AFFIDAVITFile: Affidavit.pdf4 Apr 2022
STPFile: S17 STP SHUTT LAYOUT & SECS RO.pdf4 Apr 2022
STP-2File: S18 STP REINF LAYOUT and SECTIONS R0.pdf4 Apr 2022
STP-2.1File: S18 STP REINF LAYOUT and SECTIONS R0 2.pdf4 Apr 2022
SOLD AND UNSOLDFile: sold unsold.pdf4 Apr 2022
AOSFile: AGREEMENT TO SELL Draft.pdf4 Apr 2022
ARCHITECT WORK COMPLETIONFile: Architect cert work completion.pdf4 Apr 2022
ARCHITECT WORK PENDINGFile: Architect certificate pending.pdf4 Apr 2022
SOLD AND UNSOLDFile: sold unsold.pdf4 Apr 2022
STABILITY CERTIFICATEFile: stability certificate.pdf4 Apr 2022
QUERY REPLYFile: Rera Extension Query.pdf4 Apr 2022
Reply to the Final Notice for Shilpitha Tech Park Ack Number: ACK/KA/RERA/1250/304/PR/181128/002847,File: Letter to RERA.pdf23 Jul 2021
Document No 1 (Writ petition no 39231 of 2019(GM-RES)File: document 1.pdf23 Jul 2021
Document No 2( Writ Appeal No 548/2020(GM -RES)File: document2.pdf23 Jul 2021
Document No 3 (we intimated RERA about the stay order dated 21.12.2020 passed in W.A. No. 548/2020,File: document 3.pdf23 Jul 2021
Document No 4( Judgment) (W.A. NO 548/2020(GM-RES)File: document 4.pdf23 Jul 2021
RERA reply change of land useFile: RERA reply change of land use.pdf25 Jan 2020
Reply for Change of land use from industrial hi tech to commercial hi techFile: Reply for change of land use from Industrial Hitech to commercial Hitech.pdf26 Dec 2019
CertificateFile: Maithri developers - Incorporation certificate (1).pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect cert work completion.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer cert work completion.pdf-
CA Certificate for Funds UtilizationFile: CA fund utilization.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect certificate pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer cert work pending.pdf-
CA Certificate for Funds required for Project CompletionFile: CA fund required.pdf-
AffidavitFile: Affidavit.pdf-
Latest Encumbrance CertificateFile: EC.pdf-
Details Of Sold/ Un-sold UnitsFile: sold and unsold.pdf-
Document 1File: Airport authority 18-6-2015.pdf-
Document 2File: Environmental NOC 17-04-2018.pdf-
Document 3File: BWSSB NOC 25-5-2015.pdf-
Document 4File: Fire NOC 27-01-2018.pdf-
Document 5File: Pollution NOC17-07-2018.pdf-
Document 6File: Form B.pdf-
Document 7File: Reason for extension.pdf-
Licence-
scan0042-
Aproved plan with signature and seal-
Scan3 (1)-
Scan3-
Sale deed & RTC-
Scan2-
scan0042-
Scan3 (1)-
Brochur-
Specifications of Building-
EC-
Affidavit-
JD Affidavit (2)-
Katha-
JDA-
Conversion Order-
Conversion Tech park-
Scan1331-
Scan1332-
Airport authority-
BESCOM NOC-
BWSSB NOC-
Scan1330-
BSNL NOC-
Sanction plan-
Sanction plan-
Conversion-
Balance Sheet 2017 - 2018File: Balance sheet 17-18.jpg-
Balance Sheet 2016 - 2017File: Balance sheet 17.jpg-
Balance Sheet 2015 - 2016File: Balance sheet 16.jpg-
Audited Profit and Loss Statement 2017 - 2018File: Profit & Loss 17-18.jpg-
Audited Profit and Loss Statement 2016 - 2017File: Profit & Loss 17.jpg-
Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss 16.jpg-
Director's Report 2017 - 2018File: Balance sheet 17-18.jpg-
Director's Report 2016 - 2017File: Balance sheet 17.jpg-
Director's Report 2015 - 2016File: Balance sheet 16.jpg-
Cash Flow Statement 2017 - 2018File: Balance sheet 17-18.jpg-
Cash Flow Statement 2016 - 2017File: Balance sheet 17.jpg-
Auditor's Report 2017 - 2018File: Balance sheet 17-18.jpg-
Auditor's Report 2016 - 2017File: Balance sheet 17.jpg-
Auditor's Report 2015 - 2016File: Balance sheet 16.jpg-
Income Tax Return Acknowledgement 2017 - 2018File: Incometax Return Ack 18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Incometax Return Ack 17.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: Incometax Return Ack 16.jpg-

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
Shilpitha Sunflower-Completed-No date filed

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one moved by 12 months
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Builder: Maithri Developers

Maithri Developers has 3 registrations on RERA Karnataka, including Shilpitha Royal Oak and Shilpitha Tech Park. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if Shilpitha Tech Park is delayed beyond 31 May 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 Shilpitha Tech Park?

The registered promoter entity is Maithri Developers, a company 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 Shilpitha Tech Park?

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.

What should I check before booking in Shilpitha Tech Park?

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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