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Registration approved Plotted Development project

SIDDHANTHA ENCLAVE

By ARYAN BUILDERS & DEVELOPERS

RG-KA-31298 · RERA PRM/KA/RERA/1249/447/PR/190219/002395

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
May 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 41 documents Report an error

SIDDHANTHA ENCLAVE is a Plotted Development project by ARYAN BUILDERS & DEVELOPERS in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/190219/002395 on 19 Feb 2019. Possession is promised by 31 May 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSIDDHANTHA ENCLAVE
  • TypePlotted Development
  • Location
    • Belagavi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1249/447/PR/190219/002395
  • ReraGenie IDRG-KA-31298

Builder

  • NameARYAN BUILDERS & DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryVIJAY GULABANI

Key dates

this monthRegisteredFeb 2019First promiseMay 2019Revised toMay 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Feb 2019
  • Promised completion31 May 2020
  • Revised completionRevised to 31 May 2020 (originally 31 May 2019)
  • BuildingsNot stated in filing
  • Documents filed41 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 area18,695 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 2.50 cr

Extensions applied for2

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

ExtensionMay 2019 → Feb 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1249/447/PR/191102/002395Feb 2021 → May 2020

Reason as filed by the promoterShortage of Labour

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed41

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/1249/447/PR/190219/002395 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: ARYAN GST CERTIFICATE.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate Work Completion Schedule till Date.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate Work Completion Schedule till Date.pdf-
CA Certificate for Funds UtilizationFile: CA CERTIFICATE FOR FUND UTILISATION.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Certificate Pending Work Completion Schedule.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate Pending Work Completion Schedule.pdf-
CA Certificate for Funds required for Project CompletionFile: CA CERTIFICATE FOR FUND REQUIRED FOR PROJECT COMPLETION.pdf-
AffidavitFile: FORM- B.pdf-
Latest Encumbrance CertificateFile: NILL ENCUMBERANCE CERTIFICATE.pdf-
Details Of Sold/ Un-sold UnitsFile: Details of Sold Unsold Units.xlsx-
Document 1File: Bank Statement 112901055.pdf-
Document 2File: Consent Letter.pdf-
Document 3File: Notarized Affidavit for extension of project registration.pdf-
Document 4File: Notarized Affidavit 1.pdf-
Document 5File: Affidavit under Sec 18.pdf-
PLOT LAYOUT ORDER COPY-
Layout + Permission-
Layout + Permission-
Proforma SE Sale Deed-
Proforma SE Agreement to Sale-
RTC & Sale Deed-
Layout + Permission-
Layout + Permission-
Proforma SE Allotment Letter-
NEW EC-
Affidavit 3(1)-
RTC - Khatha-
NA ORDER - 3-
Unnamed document-
Layout + Permission-
Balance Sheet 2017 - 2018File: ITR-2018-19.pdf-
Balance Sheet 2016 - 2017File: ITR-2017-18.pdf-
Balance Sheet 2015 - 2016File: ITR-2016-17.pdf-
Audited Profit and Loss Statement 2017 - 2018File: 2018-19-P & L & Balance Sheet.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 2017-18-P& L & Balance Sheet.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2016 -17- P & L Balance Sheet.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR-2018-19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR-2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR-2016-17.pdf-
Declaration Form B-
Plot Excel SheetFile: PRM_KA_RERA_1249_447_PR_190219_002395.xlsx-

How this compares with Belagavi

24%of Belagavi projects moved their completion datethis one moved by 12 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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Other projects near Belagavi460+ in Belagavi

2 kmSIDDHANTHA ENCLAVEOther 44Dot size: filed unitsN

Filed coordinates, straight-line distance. 44 registered projects within 2 km.

Builder: ARYAN BUILDERS & DEVELOPERS

ARYAN BUILDERS & DEVELOPERS has 1 registration on RERA Karnataka, including SIDDHANTHA ENCLAVE. 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 SIDDHANTHA ENCLAVE is delayed beyond 31 May 2020?

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 SIDDHANTHA ENCLAVE?

The registered promoter entity is ARYAN BUILDERS & DEVELOPERS, 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 SIDDHANTHA 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 SIDDHANTHA 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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About SIDDHANTHA ENCLAVE. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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