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Registration approved Residential/Group Housing project

SLV DIAMOND

By G.S.RAGHUNATH REDDY

RG-KA-99789 · RERA PRM/KA/RERA/1251/446/PR/190211/002366

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
Jan 2020Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 46 documents Report an error

SLV DIAMOND is a Residential/Group Housing project by G.S.RAGHUNATH REDDY in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/190211/002366 on 11 Feb 2019. Possession is promised by 31 Jan 2020.

At a glance

Project

  • NameSLV DIAMOND
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/446/PR/190211/002366
  • ReraGenie IDRG-KA-99789

Builder

  • NameG.S.RAGHUNATH REDDY

Key dates

this monthRegisteredFeb 2019PromisedJan 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on11 Feb 2019
  • Promised completion31 Jan 2020
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed46 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 area1,081 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 6.75 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed46

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/1251/446/PR/190211/002366 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Architect Certificate for Work Completion Schedule till DateFile: Architects Certificate.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate.pdf-
CA Certificate for Funds UtilizationFile: Chartered Accountant Letter.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architects Certificate.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Architects Certificate.pdf-
CA Certificate for Funds required for Project CompletionFile: Chartered Accountant Letter.pdf-
AffidavitFile: Architects Certificate.pdf-
Latest Encumbrance CertificateFile: Architects Certificate.pdf-
Details Of Sold/ Un-sold UnitsFile: Architects Certificate.pdf-
Document 1File: Form -B.pdf-
Document 2File: affidavit for seeking extension of registered project.pdf-
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IMG-20180728-WA0041-
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IMG-20180728-WA0036-
IMG-20180728-WA0037-
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IMG-20180728-WA0038-
IMG-20180728-WA0038-
IMG_20180728_163251-
IMG-20180521-WA0058-
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Balance Sheet 2016 - 2017File: BS0001.pdf-
Balance Sheet 2015 - 2016File: BS0001.pdf-
Balance Sheet 2014 - 2015File: BS0001.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L0001.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L0001.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L0001.pdf-
Director's Report 2016 - 2017File: ITR ACK0001.pdf-
Director's Report 2015 - 2016File: ITR ACK0001.pdf-
Director's Report 2014 - 2015File: ITR ACK0001.pdf-
Cash Flow Statement 2016 - 2017File: ITR ACK0001.pdf-
Cash Flow Statement 2015 - 2016File: ITR ACK0001.pdf-
Auditor's Report 2016 - 2017File: P&L0001.pdf-
Auditor's Report 2015 - 2016File: ITR ACK0001.pdf-
Auditor's Report 2014 - 2015File: ITR ACK0001.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR ACK0001.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR ACK0001.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR ACK0001.pdf-
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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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmSLV DIAMONDOther 35Dot size: filed unitsN

Filed coordinates, straight-line distance. 35 registered projects within 2 km.

Builder: G.S.RAGHUNATH REDDY

G.S.RAGHUNATH REDDY has 1 registration on RERA Karnataka, including SLV DIAMOND. 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 SLV DIAMOND is delayed beyond 31 Jan 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 SLV DIAMOND?

The registered promoter entity is G.S.RAGHUNATH REDDY. 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 SLV DIAMOND?

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 SLV DIAMOND?

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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