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SREE PALACE
By creative & Srivaru builders
RG-KA-22856 · RERA PRM/KA/RERA/1251/309/PR/171026/000178
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
Saved.
SREE PALACE is a Residential/Group Housing project by creative & Srivaru builders in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171026/000178 on 26 Oct 2017. Possession is promised by 31 Dec 2018.
At a glance
Project
- NameSREE PALACE
- 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/171026/000178
- ReraGenie IDRG-KA-22856
Builder
- Namecreative & Srivaru builders
- Entity typePartnership Firm
- Authorized SignatoryB SATYANARAYANA
- OthersGOPI PALANI, V CHANDRASHEKAR, C BALAJI, G SHANMUKANANDA, V VENU, SUMATHI, PRAKASH PALANI, M SURESH, K G CHANDRASHEKARA GUPTA, R ARUN KUMAR, SRINIVAS G PATEL
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on26 Oct 2017
- Promised completion31 Dec 2018
- Revised completionNone
- Buildings1 building record
- Documents filed41 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Sree palace | - | - | - | 56 | 0 | 56 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Not applicable |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities41
Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | No | Not applicable |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | Yes | - |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | Yes | - |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | Yes | - |
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.
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed41
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/171026/000178 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: Firm Registration-1.jpg | - |
| srivaru CC | - |
| 001 | - |
| 001 | - |
| Sale deed | - |
| AOS_rera_ | - |
| sale deed | - |
| srivaru Plan | - |
| srivaru Plan | - |
| Allotment | - |
| srivaru brouchure | - |
| srivaru NOC's | - |
| srivaru Amenities | - |
| srivaru EC | - |
| Khata Creative srivaru | - |
| KSPCB_rera_CFE | - |
| Balance Sheet 2015 - 2016File: Balance sheet 16-17.pdf | - |
| Balance Sheet 2014 - 2015File: Balance sheet 15-16.pdf | - |
| Balance Sheet 2013 - 2014File: srivaru note on Balance sheet.jpg | - |
| Audited Profit and Loss Statement 2015 - 2016File: Balance sheet 16-17.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: Balance sheet 15-16.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: srivaru note on Balance sheet.jpg | - |
| Director's Report 2015 - 2016File: srivaru note on Balance sheet.jpg | - |
| Director's Report 2014 - 2015File: srivaru note on Balance sheet.jpg | - |
| Director's Report 2013 - 2014File: srivaru note on Balance sheet.jpg | - |
| Cash Flow Statement 2015 - 2016File: srivaru note on Balance sheet.jpg | - |
| Cash Flow Statement 2014 - 2015File: srivaru note on Balance sheet.jpg | - |
| Auditor's Report 2015 - 2016File: srivaru note on Balance sheet.jpg | - |
| Auditor's Report 2014 - 2015File: srivaru note on Balance sheet.jpg | - |
| Auditor's Report 2013 - 2014File: srivaru note on Balance sheet.jpg | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT RETURN_rera 17-18.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IT RETURN_rera_16-17.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: srivaru note on Balance sheet.jpg | - |
| PLAIN SHEET | - |
| Prospectus/BrochureFile: Brochure Final_4 Page.pdf | - |
| Advertisement Copy 1File: Brochure Final_4 Page.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1251_309_PR_171026_000178.xlsx | - |
| Occupancy CertificateFile: Occupancy certificate_Sree palace_1.pdf | - |
| Completion certificate issued by the competent authorityFile: Occupancy certificate_Sree palace_1.pdf | - |
| Registered Agreement of SaleFile: AOS_006.pdf | - |
| Registered conveyance deed for an individual unitFile: SD-213.pdf | - |
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Builder: creative & Srivaru builders
creative & Srivaru builders has 1 registration on RERA Karnataka, including SREE PALACE. 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 SREE PALACE 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 SREE PALACE?
The registered promoter entity is creative & Srivaru builders, 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 SREE PALACE?
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 SREE PALACE?
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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