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Registration approved Plotted Development project

SP Enclave

By V. SHASHIPRAKASH

RG-KA-52275 · RERA PRM/KA/RERA/1268/378/PR/180106/002139

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
Feb 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 37 documents Report an error

SP Enclave is a Plotted Development project by V. SHASHIPRAKASH in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/180106/002139 on 6 Jan 2018. Possession is promised by 15 Feb 2018.

At a glance

Project

  • NameSP Enclave
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1268/378/PR/180106/002139
  • ReraGenie IDRG-KA-52275

Builder

  • NameV. SHASHIPRAKASH
  • Declared earlier projects1 →

Key dates

this monthRegisteredJan 2018PromisedFeb 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on6 Jan 2018
  • Promised completion15 Feb 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed37 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 area19,827 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

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed37

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/1268/378/PR/180106/002139 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Prooject commencement certificate-
Plans-
Plans-
Proforma of Sale deed-
Proforma of Sale deed-
Sale deed-
Plans-
Plans-
Proforma of Sale deed-
Project Specification-
EC-
RTC-
Agreement of Sale and SPA-
Conversion compressed-
Approved layout plan-
Approved Plotting Plan-
Power of Attrney to V shashi prakash-
Balance Sheet 2016 - 2017File: 2016-BS.pdf-
Balance Sheet 2015 - 2016File: 2015 BS.pdf-
Balance Sheet 2014 - 2015File: 2014-BS.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 2016-P&L.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2015 P&L.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2014-P and L.pdf-
Cash Flow Statement 2016 - 2017File: Cash flow statement -NA.pdf-
Cash Flow Statement 2015 - 2016File: Cash flow statement -NA.pdf-
Auditor's Report 2015 - 2016File: 2016-Audit report.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: 2016 IT Return.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 2015 IT Return.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 2014 IT return.pdf-
FORM-B affidavit cum declaration-
Prospectus/BrochureFile: BROCHER.jpg-
Advertisement Copy 1File: BROCHER.jpg-
Plot Excel SheetFile: PRM_KA_RERA_1268_378_PR_180106_002139.xlsx-
Occupancy CertificateFile: Architect Certificate_100 % Completion_compressed.pdf-
Completion certificateFile: CC - MUDA - 100 % Release.pdf-
Registered Agreement of SaleFile: AOS.pdf-
Registered conveyance deed for an individual unitFile: Sale deed.pdf-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
SP Holdings-Completed-No date filed

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Other projects near Mysore700+ in Mysore

2 kmSP EnclaveOther 10Dot size: filed unitsN

Filed coordinates, straight-line distance. 10 registered projects within 2 km.

Builder: V. SHASHIPRAKASH

V. SHASHIPRAKASH has 1 registration on RERA Karnataka, including SP Enclave. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if SP Enclave is delayed beyond 15 Feb 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 SP Enclave?

The registered promoter entity is V. SHASHIPRAKASH. 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 SP 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 SP 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; 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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