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Registration approved Residential/Group Housing project

SNEHA APARTMENT

By Prashanth K

RG-KA-33887 · RERA PRM/KA/RERA/1271/486/PR/190330/002507

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
Aug 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 32 documents Report an error

SNEHA APARTMENT is a Residential/Group Housing project by Prashanth K in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/486/PR/190330/002507 on 30 Mar 2019. Possession is promised by 30 Aug 2019.

At a glance

Project

  • NameSNEHA APARTMENT
  • TypeResidential/Group Housing
  • Location
    • Shivamogga
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1271/486/PR/190330/002507
  • ReraGenie IDRG-KA-33887

Builder

  • NamePrashanth K

Key dates

this monthRegisteredMar 2019PromisedAug 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Mar 2019
  • Promised completion30 Aug 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed32 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 area476 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 3.56 cr

Certifying professionals and partners2

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

RoleName
ArchitectS SHAMSUNDER
EngineerINDIRESH .R

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed32

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/1271/486/PR/190330/002507 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Buliding Licence Copy-compressed (1)-
plan copy-
Approved Building Plan-
AGREEMENT TO SELL BETWEEN SIDDA CONSTRUCTIONS AND BUYERS-
AGREEMENT TO SELL BETWEEN SIDDA CONSTRUCTIONS AND BUYERS-
13 Sale Deed-
MYSCAN_20190131_0001 (1)-
Prashanth K_ Draw Chart-
Proforma for sale agreement-
JV SPECIFICATIONS-
ec (2)-
Affidavit-
22 Khatha-
20 Joint Development Agreement-
Approved Building Plan-
Approved Building Plan-
Investagation compressed-
Balance Sheet 2017 - 2018File: Prashanth K - BS - 18.pdf-
Balance Sheet 2016 - 2017File: Prashanth K - BS-17.pdf-
Balance Sheet 2015 - 2016File: Prashanth K- BS-16.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Prashanth K - P&L- 18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Prashanth K - P&L-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Prashanth K - P&L-16.pdf-
Cash Flow Statement 2017 - 2018File: Cashflow_FY 2017-18.pdf-
Cash Flow Statement 2016 - 2017File: Cashflow_FY 2016-17.pdf-
Auditor's Report 2017 - 2018File: Prashanth K_Auditor Report_2017-18_reduce (1).pdf-
Auditor's Report 2016 - 2017File: Prashanth K_Auditor Report_2016-17_reduce.pdf-
Auditor's Report 2015 - 2016File: Prashanth K_Auditor Report_2015-16 compressed-ilovepdf-compressed.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR Acknowledgement_2017-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR Acknowledgement_2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR Acknowledgement_2015-16.pdf-
Form B-

How this compares with Shivamogga

14%of Shivamogga projects moved their completion datethis one has not
0%of Shivamogga registrations are shown as withdrawn or revokedthis one is not

Computed across the 140+ Shivamogga projects on ReraGenie, from their own filings.

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Other projects near Shivamogga140+ in Shivamogga

2 kmSNEHA APARTMENTOther 4Dot size: filed unitsN

Filed coordinates, straight-line distance. 4 registered projects within 2 km.

Builder: Prashanth K

Prashanth K has 1 registration on RERA Karnataka, including SNEHA APARTMENT. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Shivamogga district page.

Frequently asked questions

What are my rights if SNEHA APARTMENT is delayed beyond 30 Aug 2019?

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 SNEHA APARTMENT?

The registered promoter entity is Prashanth K. 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 SNEHA APARTMENT?

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 SNEHA APARTMENT?

The professionals named in the filing: Architect: S SHAMSUNDER; Engineer: INDIRESH .R. 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 SNEHA APARTMENT?

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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