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Registration approved Plotted Development project

Someshwara Layout

By T.R. SHARADAMMA

RG-KA-50366 · RERA PRM/KA/RERA/1251/310/PR/200515/003404 · Last updated on RERA Karnataka portal: 12 May 2020

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
Jan 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 64 documents Report an error

Someshwara Layout is a Plotted Development project by T.R. SHARADAMMA in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/200515/003404 on 15 May 2020. Possession is promised by 10 Jan 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSomeshwara Layout
  • TypePlotted Development
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/310/PR/200515/003404
  • ReraGenie IDRG-KA-50366

Builder

  • NameT.R. SHARADAMMA

Key dates

this monthRegisteredMay 2020First promiseApr 2021Revised toJan 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 May 2020
  • Promised completion10 Jan 2022
  • Revised completionRevised to 10 Jan 2022 (originally 10 Apr 2021)
  • BuildingsNot stated in filing
  • Documents filed64 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 area3,844 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 78.63 lakh

Extensions applied for1

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

ExtensionApr 2021 → Jan 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed64

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/1251/310/PR/200515/003404 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Reply to Enquiry on 08.05.2020File: Form - B.pdf12 May 2020
Reply to query - ACK/KA/RERA/1251/310/PR/200225/003921File: uploaded documents 13 03 2020.pdf13 Mar 2020
Replay to enquiry dated:03.03.2020 by RERAFile: uploaded documents.pdf5 Mar 2020
Commencement Certficate Work Order-
Plan-
Plan-
Sale deed draft-
Agreement of Sale draft-
Sale deed and RTC-
Plan-
Plan-
Sale deed draft-
Not Applicalbe-
Specification-
Encumbrance Certficate-
Affidavit-
Not Applicalbe-
RTC-
Not Applicalbe-
Unnamed document-
Conversion Order-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
BESCOM-
BWSSB Sulikere-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Plan-
Plan-
Change of Land Use-
Unnamed document-
Balance Sheet 2018 - 2019File: Balance Sheet- 19-20.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet-18-19.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet- 17-18.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit Loss -19-20.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit Loss -18-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit Loss -17-18.pdf-
Director's Report 2018 - 2019File: Directors report.pdf-
Director's Report 2017 - 2018File: Directors report.pdf-
Director's Report 2016 - 2017File: Directors report.pdf-
Cash Flow Statement 2018 - 2019File: Cash Flow Statement.pdf-
Cash Flow Statement 2017 - 2018File: Cash Flow Statement.pdf-
Auditor's Report 2018 - 2019File: Audit Report.pdf-
Auditor's Report 2017 - 2018File: Audit Report.pdf-
Auditor's Report 2016 - 2017File: Audit Report.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR -2019 - 20.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR - 2018-19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR-17-18.pdf-
Affidavit-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 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 kmSomeshwara LayoutOther 7Dot size: filed unitsN

Filed coordinates, straight-line distance. 7 registered projects within 2 km.

Builder: T.R. SHARADAMMA

T.R. SHARADAMMA has 1 registration on RERA Karnataka, including Someshwara Layout. 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 Someshwara Layout is delayed beyond 10 Jan 2022?

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 Someshwara Layout?

The registered promoter entity is T.R. SHARADAMMA. 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 Someshwara Layout?

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 Someshwara Layout?

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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