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Registration approved Residential/Group Housing project

Silver Oak Residences

By Hilltop Arcade Residency

RG-KA-79772 · RERA PRM/KA/RERA/1251/309/PR/171214/001186 · Last updated on RERA Karnataka portal: 6 Oct 2020

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Dec 2018Possession promisedmoved 12 months from the original
1Complaints at RERA Karnatakaon this registration
Jump to the 72 documents Report an error

Silver Oak Residences is a Residential/Group Housing project by Hilltop Arcade Residency in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171214/001186 on 14 Dec 2017. Possession is promised by 31 Dec 2018. The completion date has moved by 12 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameSilver Oak Residences
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/171214/001186
  • ReraGenie IDRG-KA-79772

Builder

  • NameHilltop Arcade Residency
  • Entity typePartnership Firm
  • Authorized SignatoryKaran Singhania
  • Board MemberRajnush Agarwal

Key dates

this monthRegisteredDec 2017First promiseDec 2017Revised toDec 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on14 Dec 2017
  • Promised completion31 Dec 2018
  • Revised completionRevised to 31 Dec 2018 (originally 31 Dec 2017)
  • BuildingsNot stated in filing
  • Documents filed72 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 area2,332 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 13.25 cr

Certifying professionals and partners2

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

RoleName
ArchitectVernekar Associates Pvt Ltd
EngineerGroup Ventech Design Consultants

Extensions applied for1

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

EX/PRM/KA/RERA/1251/309/PR/220711/001186Dec 2017 → Dec 2018

Reason as filed by the promoterAwaiting OC

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/190712/0003045-Hilltop Arcade Residency12/07/2019

Documents filed72

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/1251/309/PR/171214/001186 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Copy of OC - 1File: SOR - OC Partial Received 10042019.pdf6 Oct 2020
Copy of OC - FullFile: HILLTOP OC 20082020.pdf6 Oct 2020
Architect Certificate for Work Completion Schedule till DateFile: Completion Certificate - Feb 2018.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Structural Stability Certificate - SOR - Group Ventech.pdf-
CA Certificate for Funds UtilizationFile: SOR - Funds Utilised - CA Certificate.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Completion Certificate - Feb 2018.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Structural Stability Certificate - SOR - Group Ventech.pdf-
CA Certificate for Funds required for Project CompletionFile: SOR - Funds Required - CA Certificate.pdf-
AffidavitFile: Form B - RERA - SOR.pdf-
Latest Encumbrance CertificateFile: EC Hilltop - 2019.pdf-
Relevant Document/sFile: Silver Oak Residences - RERA Compensation.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: HILLTOP OC 20082020.pdf-
BBMP - Commencement Certificate - DOC-1-
Approved Plans - Hessarghatta-compressed-
Approved Plans - Hessarghatta-compressed-
SOR Conveyance Deed-
SOR - Agreement for Sale-
Sale Deed for Ashok Leyland-
Approved Plans - Hessarghatta-compressed-
Approved Plans - Hessarghatta-compressed-
Mother Deed-ilovepdf-compressed-
Silver Oak Residences - eBrochure-
Hessargatta BWSSB NOC-
SOR - Specifications-
SOR - EC - 2017-
Khata extract 2014-
JDA-
HAR NA-
conversion order-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR - BESCOM-
Hessargatta BWSSB NOC-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
HAR NA-
Balance Sheet 2015 - 2016File: HAR BS FY 2015 16.pdf-
Balance Sheet 2014 - 2015File: HAR BS FY 2014 15.pdf-
Balance Sheet 2013 - 2014File: HAR 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: HAR NA.pdf-
Audited Profit and Loss Statement 2014 - 2015File: HAR NA.pdf-
Audited Profit and Loss Statement 2013 - 2014File: HAR 2014.pdf-
Director's Report 2015 - 2016File: HAR NA.pdf-
Director's Report 2014 - 2015File: HAR NA.pdf-
Director's Report 2013 - 2014File: HAR 2014.pdf-
Cash Flow Statement 2015 - 2016File: HAR NA.pdf-
Cash Flow Statement 2014 - 2015File: HAR NA.pdf-
Auditor's Report 2015 - 2016File: HAR Auditor Report.pdf-
Auditor's Report 2014 - 2015File: HAR Auditor Report.pdf-
Auditor's Report 2013 - 2014File: HAR 2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: HAR ITR FY 2015 16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: HAR ITR FY 2014 15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: HAR 2014.pdf-
Form B - RERA - SOR-
Occupancy CertificateFile: SOR - OC Partial Received 10042019.jpg-
Completion certificateFile: Completion Certificate - Feb 2018.pdf-
Registered Agreement of SaleFile: SOR - Agreement for Sale.pdf-
Registered conveyance deed for an individual unitFile: SOR Conveyance Deed.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 months
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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmSilver Oak ResidencesOther 11Dot size: filed unitsN

Filed coordinates, straight-line distance. 11 registered projects within 2 km.

Builder: Hilltop Arcade Residency

Hilltop Arcade Residency has 1 registration on RERA Karnataka, including Silver Oak Residences. 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 Silver Oak Residences is delayed beyond 31 Dec 2018?

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 Silver Oak Residences?

The registered promoter entity is Hilltop Arcade Residency, 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 Silver Oak Residences?

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.

How do I read the complaint cases filed against Silver Oak Residences?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at Silver Oak Residences?

The professionals named in the filing: Architect: Vernekar Associates Pvt Ltd; Engineer: Group Ventech Design Consultants. 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 Silver Oak Residences?

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 Silver Oak Residences. 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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