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Registration approved Plotted Development project

Shrinidhi Enclave

By Sri Someshwara Developers and Builders

RG-KA-68915 · RERA PRM/KA/RERA/1268/378/PR/190913/002870

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
Feb 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 45 documents Report an error

Shrinidhi Enclave is a Plotted Development project by Sri Someshwara Developers and Builders in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/190913/002870 on 13 Sep 2019. Possession is promised by 5 Feb 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameShrinidhi Enclave
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1268/378/PR/190913/002870
  • ReraGenie IDRG-KA-68915

Builder

  • NameSri Someshwara Developers and Builders
  • Entity typePartnership Firm
  • Authorized SignatorySwamy S P
  • OthersSwamy S P

Key dates

this monthRegisteredSep 2019First promiseMay 2021Revised toFeb 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on13 Sep 2019
  • Promised completion5 Feb 2022
  • Revised completionRevised to 5 Feb 2022 (originally 5 May 2021)
  • BuildingsNot stated in filing
  • Documents filed45 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 area59,590 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 12.00 cr

Extensions applied for1

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

ExtensionMay 2021 → Feb 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed45

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/1268/378/PR/190913/002870 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 Inorporation Certificate.JPG-
Plan Approval Letter-
Chescom-
SITE PLAN-
Sale Deed-
Sale Deed-
Relinquishment Deed-
Conversion Order-
Brochure-
Project Specification_compressed-
EC-
Notaraised Affidavit-
JDA AFFIDAVIT LANDONWER REGISTRATION UNDERTAKING LETTER-
Khatha undertking letter-
Partnership Deed-
Conversion Order-
previous Project Undertaking letter-
Undertaking Letter_compressed-
MR-
NOC Undertaking letter-
BWSSB-
KSPCB NOC_compressed-
RTC_128-
Relinquishment Deed-
RTC-
SITE PLAN-
RTC-
Balance Sheet 2017 - 2018File: BS 2016.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet 2017.pdf-
Balance Sheet 2015 - 2016File: Balanca sheet_compressed.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P N L 2016.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L 2017.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L 2018.pdf-
Director's Report 2017 - 2018File: DIRECTORS REPORT UNDER TAKING LETTER .pdf-
Director's Report 2016 - 2017File: DIRECTORS REPORT UNDER TAKING LETTER .pdf-
Director's Report 2015 - 2016File: DIRECTORS REPORT UNDER TAKING LETTER .pdf-
Cash Flow Statement 2017 - 2018File: CF 2015-16.pdf-
Cash Flow Statement 2016 - 2017File: CF 2016-17.pdf-
Auditor's Report 2017 - 2018File: Audit Report 2016-1.pdf-
Auditor's Report 2016 - 2017File: Auditor Repot 2017.pdf-
Auditor's Report 2015 - 2016File: Auditors Report 2017.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT Return 2016-17.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: IT Return 2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT Return.pdf-
Form B-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one moved by 9 months
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Builder: Sri Someshwara Developers and Builders

Sri Someshwara Developers and Builders has 1 registration on RERA Karnataka, including Shrinidhi Enclave. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if Shrinidhi Enclave is delayed beyond 5 Feb 2022?

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 Shrinidhi Enclave?

The registered promoter entity is Sri Someshwara Developers and 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 Shrinidhi Enclave?

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 Shrinidhi Enclave?

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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