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Registration approved Plotted Development project

Shiv Tek

By Sudhakar Otari

RG-KA-37314 · RERA PRM/KA/RERA/1249/369/PR/200117/003202 · Last updated on RERA Karnataka portal: 13 Jan 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 58 documents Report an error

Shiv Tek is a Plotted Development project by Sudhakar Otari in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/369/PR/200117/003202 on 17 Jan 2020. Possession is promised by 30 Sep 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameShiv Tek
  • TypePlotted Development
  • Location
    • Hukkeri
    • Belagavi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1249/369/PR/200117/003202
  • ReraGenie IDRG-KA-37314

Builder

  • NameSudhakar Otari

Key dates

this monthRegisteredJan 2020First promiseDec 2020Revised toSep 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Jan 2020
  • Promised completion30 Sep 2021
  • Revised completionRevised to 30 Sep 2021 (originally 31 Dec 2020)
  • BuildingsNot stated in filing
  • Documents filed58 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.

Land area12,647 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 50.00 lakh

Extensions applied for1

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

ExtensionDec 2020 → Sep 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed58

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/1249/369/PR/200117/003202 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Auditor Report 2016-17File: Auditor Report (2).pdf13 Jan 2020
Auditor Report 2017-18File: Auditor Report (2).pdf13 Jan 2020
Auditor Report 2018-19File: Auditor Report (2).pdf13 Jan 2020
P AND L 2016-17File: P AND L 2016-17.jpg8 Jan 2020
P AND L 2017-18File: P and L 2017-18.jpg8 Jan 2020
P AND L 2018-19File: P AND L 2018-19.jpg8 Jan 2020
BALANCE SHEET 2016-17File: Balance Sheet 2016-17.jpg8 Jan 2020
BALANCE SHEET 2017-18File: Balance Sheet 2017-18.jpg8 Jan 2020
BALANCE SHEET 2018-19File: Balance sheet 2018-19.jpg8 Jan 2020
AUDITOR REPORTFile: Auditor report.pdf8 Jan 2020
yrs EC in Form 15File: 15 yrs EC.pdf1 Jan 2020
Khata with MRFile: Khata 1.pdf1 Jan 2020
NOC from Gram PanchayatFile: Gram Panchayat NOC.jpg1 Jan 2020
layout plan with sign and seal of the authorityFile: Layout plan.jpg1 Jan 2020
Balance Sheet 2016-17File: balance sheet 2016-17.pdf1 Jan 2020
Balance Sheet 2017-18File: balance sheet 2017-18.pdf1 Jan 2020
Balance Sheet 2018-19File: balance sheet 2018-19.pdf1 Jan 2020
P & L 2016-17File: P &L 2016-17.pdf1 Jan 2020
P & L 2017-18File: P & L 2017-18.pdf1 Jan 2020
P & L 2018-19File: P & L 2018-19.pdf1 Jan 2020
Development DetailsFile: Development details.pdf1 Jan 2020
layout order-
layout-
layout-
Not yet done-
Not yet done-
title document-
layout - 5MB-
layout-
Not yet done-
Not yet done-
Specification-
EC 12 yrs-
aff-
Khata-
layout-
layout-
NA order-
Balance Sheet 2018 - 2019File: balance sheet 2018-19.pdf-
Balance Sheet 2017 - 2018File: balance sheet 2017-18.pdf-
Balance Sheet 2016 - 2017File: balance sheet 2016-17.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P & L 2018.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P & L 2017.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P &L 2016.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT 2019-20.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT 2017-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: IT 2016-17.pdf-
declaration-
Prospectus/BrochureFile: No Broucher.pdf-
Advertisement Copy 1File: No ad.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1249_369_PR_200117_003202.xlsx-
Final plan technical sanction LetterFile: layout order.pdf-
Final layout plan sanctionedFile: Layout plan.jpg-
Completion CertificateFile: Completion Certificate.jpeg-
Site release order Copies(1st,2nd phase and final release order)File: 100% Release Order.pdf-
Relinquishment deed executed handed over detailsFile: Release Deed.pdf-
Chartered Accountant Certificate (Form-4)File: 4CC-CA.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: AFFIDAVIT.pdf-

How this compares with Belagavi

24%of Belagavi projects moved their completion datethis one moved by 9 months
0%of Belagavi registrations are shown as withdrawn or revokedthis one is not

Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.

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Builder: Sudhakar Otari

Sudhakar Otari has 1 registration on RERA Karnataka, including Shiv Tek. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Belagavi district page.

Frequently asked questions

What are my rights if Shiv Tek is delayed beyond 30 Sep 2021?

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 Shiv Tek?

The registered promoter entity is Sudhakar Otari. 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 Shiv Tek?

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 Shiv Tek?

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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