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Registration approved Residential/Group Housing project

Shri Balaji Ocean

By M/s.Shri Balaji Builders

RG-KA-62238 · RERA PRM/KA/RERA/1251/308/PR/171030/000953

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
Mar 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 19 documents Report an error

Shri Balaji Ocean is a Residential/Group Housing project by M/s.Shri Balaji Builders in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171030/000953 on 30 Oct 2017. Possession is promised by 29 Mar 2019.

At a glance

Project

  • NameShri Balaji Ocean
  • TypeResidential/Group Housing
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/171030/000953
  • ReraGenie IDRG-KA-62238

Builder

  • NameM/s.Shri Balaji Builders
  • Entity typePartnership Firm
  • Authorized SignatoryMr.D.Vinay Kumar

Key dates

this monthRegisteredOct 2017PromisedMar 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Oct 2017
  • Promised completion29 Mar 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed19 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Shri Balaji Ocean---1520152

The full filing

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

Construction progress by building1

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 networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

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 disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityNoNot applicable
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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 area7,689 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 22.50 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed19

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/1251/308/PR/171030/000953 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: company Registration_1.jpg-
cc_1-
Typical Floor Plan-Balaji-
plan-20170801164331-
email katha_1-
Typical Floor Plan-Balaji-
Brochure_1 (1)-
Noc panchayat_2 (1)-
specification_1-
EC-
JD balaji ocean-
Balance Sheet 2015 - 2016File: New Doc 2017-08-01_1 (1).jpg-
Audited Profit and Loss Statement 2015 - 2016File: profit and loss_1.jpg-
Cash Flow Statement 2015 - 2016File: Cash Flow.pdf-
Auditor's Report 2015 - 2016File: Auditor report_1.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: Income tax 2017_1.JPG-
Vinay Form B-
Prospectus/BrochureFile: BALAJI OCEAN-PDF.pdf-
Tower Excel SheetFile: PRM-KA-RERA-1251-308-PR-171030-000953 shri balaji.xls-

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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Builder: M/s.Shri Balaji Builders

M/s.Shri Balaji Builders has 1 registration on RERA Karnataka, including Shri Balaji Ocean. 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 Shri Balaji Ocean is delayed beyond 29 Mar 2019?

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 Shri Balaji Ocean?

The registered promoter entity is M/s.Shri Balaji Builders, 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 Shri Balaji Ocean?

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 Shri Balaji Ocean?

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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