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Registration approved Mixed Development project

Shrinidhi Ramdev Residency

By Srinidhi Builders and Promoters

RG-KA-25397 · RERA PRM/KA/RERA/1257/334/PR/180504/001604

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
May 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 39 documents Report an error

Shrinidhi Ramdev Residency is a Mixed Development project by Srinidhi Builders and Promoters in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/180504/001604 on 4 May 2018. Possession is promised by 12 May 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameShrinidhi Ramdev Residency
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/180504/001604
  • ReraGenie IDRG-KA-25397

Builder

  • NameSrinidhi Builders and Promoters
  • Entity typePartnership Firm
  • Authorized SignatoryK Prakash Shenoy
  • Declared earlier projects1 →

Key dates

this monthRegisteredMay 2018First promiseAug 2020Revised toMay 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 May 2018
  • Promised completion12 May 2021
  • Revised completionRevised to 12 May 2021 (originally 12 Aug 2020)
  • Buildings1 building record
  • Documents filed39 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Shrinidhi Ramdev Residency-----47

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 network-
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 SupplyNoNot applicable
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementYes-
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 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-
GasYes-
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 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 area1,012 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 4.88 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectK Damodar Shenoy
EngineerAnand Bhat

Extensions applied for1

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

ExtensionAug 2020 → May 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed39

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/1257/334/PR/180504/001604 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: New Microsoft Word Document.pdf-
Commencement Certificate -
Muda Aproved Building Plan-pdf-compressed-
existing layout plan-
proforma sale deed-
proforma sale agreement-
sale deed-
approved building plan-
area developmentplan-
proforma allotment letter-
brochure-
project specifications-
Encumburance Certificate-
Katha-
collab agreement-
existing layout plan-
existing section plan-
Commencement Certificate -
Balance Sheet 2016 - 2017File: Balance Sheet 17.PDF-
Balance Sheet 2015 - 2016File: Balance Sheet 16 .PDF-
Balance Sheet 2014 - 2015File: Balance Sheet 15.PDF-
Audited Profit and Loss Statement 2016 - 2017File: Profit & Loss 17.PDF-
Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss 16.PDF-
Audited Profit and Loss Statement 2014 - 2015File: Profit & Loss 15.PDF-
Director's Report 2016 - 2017File: director report.pdf-
Director's Report 2015 - 2016File: director report.pdf-
Director's Report 2014 - 2015File: director report.pdf-
Cash Flow Statement 2016 - 2017File: cashflow statement 17.PDF-
Cash Flow Statement 2015 - 2016File: cashflow statement 16.PDF-
Auditor's Report 2016 - 2017File: Audit Report 17.PDF-
Auditor's Report 2015 - 2016File: Audit Report 16 .PDF-
Auditor's Report 2014 - 2015File: Audit Report 15.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITRV 17.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: ITRV 16.PDF-
Income Tax Return Acknowledgement 2014 - 2015File: ITRV 15 .PDF-
Form B Declaration-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: 1- Advertisement.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_180504_001604 (1) (1).xlsx-

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
Srinidhi Gurji Centre-Completed-No date filed

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 9 months
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

2 kmShrinidhi Ramdev ResidenOther 94Dot size: filed unitsN

Filed coordinates, straight-line distance. 94 registered projects within 2 km.

Builder: Srinidhi Builders and Promoters

Srinidhi Builders and Promoters has 1 registration on RERA Karnataka, including Shrinidhi Ramdev Residency. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if Shrinidhi Ramdev Residency is delayed beyond 12 May 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 Shrinidhi Ramdev Residency?

The registered promoter entity is Srinidhi Builders and Promoters, 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 Ramdev Residency?

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 Shrinidhi Ramdev Residency?

The professionals named in the filing: Architect: K Damodar Shenoy; Engineer: Anand Bhat. 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 Shrinidhi Ramdev Residency?

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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