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Registration approved No litigation declared Plotted Development project

SREE SAI ENCLAVE

By MAGNUM DEVELOPERS

RG-KA-15942 · RERA PRM/KA/RERA/1248/469/PR/040422/004815 · Last updated on RERA Karnataka portal: 3 Mar 2022

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Dec 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 122 documents Report an error

SREE SAI ENCLAVE is a Plotted Development project by MAGNUM DEVELOPERS in Ballari, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/469/PR/040422/004815 on 4 Apr 2022. Possession is promised by 31 Dec 2022.

At a glance

Project

  • NameSREE SAI ENCLAVE
  • TypePlotted Development
  • Location
    • Ballari
    • 583101
  • Pincode583101
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1248/469/PR/040422/004815
  • ReraGenie IDRG-KA-15942

Builder

  • NameMAGNUM DEVELOPERS
  • Entity typePartnership Firm
  • GSTIN29ABQFM2445J1ZQ
  • Authorized SignatoryEERESHI

Key dates

this monthRegisteredApr 2022PromisedDec 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Apr 2022
  • Promised completion31 Dec 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed122 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership7

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners7
LandownerVillageDistrict
K KALYANI--
K PRABHAKAR RAO--
T PARVATHI--
B PARVATHI--
B HONNUR SWAMY--
B BALARAM--
B GOPAL KRISHNA--

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 2.00 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 2.00 cr-

Certifying professionals and partners2

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

RoleName
EngineerKARTHIK A
Chartered AccountantVENKATESWARA PRASAD K

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed122

As listed on the registration, under the names the promoter filed them with; the newest 80 of 122 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1248/469/PR/040422/004815 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Audited Profit and loss account and Balance sheet for the FY 20-21 with Chartered accountant UDIN.File: P&l and Balance sheet.pdf3 Mar 2022
RTC of sy.no 170/*/E1a3 is attached.File: RTC OF HONNURSWAMY, BALRAM, GOPALKRISHNA.pdf3 Mar 2022
Mutation of sy.no 170/*/E1a3 is attached.File: Mutation.pdf3 Mar 2022
Conversion Order of sy.no 170/*/E1a3 is attached.File: NA OF HONNURSWAMY.pdf3 Mar 2022
Sale Deed of sy.no 170/*/E/2 ( K.kalyani) is attachedFile: k kalyani sale deed.pdf3 Mar 2022
Sale Deed of sy.no 170/*/4 ( K.Prabhakar Rao) is attachedFile: prabhakar rao.pdf3 Mar 2022
Sale Deed of sy.no 170/*/5 ( T.Parvathi) is attachedFile: T PARVATHI SALE DEED.pdf3 Mar 2022
Sale Deed of sy.no 170/*/6 (B.Parvathi) is attachedFile: B parvathi sale deed.pdf3 Mar 2022
Sale Deed of sy.no 170/*/E1a3 (B.Honnurswamy,B.Balaram & B.Gopalkrishna) is attachedFile: Honnurswany.pdf3 Mar 2022
Sub-registrar regarding value of the property on the basis of guidance value is attachedFile: Guidence Value.pdf3 Mar 2022
Notarized Non- litigation affidavit is is attached.File: NON LITIGATION.pdf3 Mar 2022
EC from 10-11-2020 to up to date of sy.no 170/*/E/2 is attachedFile: EC of K kalyani.pdf3 Mar 2022
EC from 10-11-2020 to up to date of sy.no 170/*/4 is attached.File: EC of K prabhakar rao.pdf3 Mar 2022
EC from 10-11-2020 to up to date of sy.no 170/*/5 is attached.File: EC of T parvathi.pdf3 Mar 2022
EC from 10-11-2020 to up to date of sy.no 170/*/6 is attached.File: EC of B parvathi.pdf3 Mar 2022
EC from 10-11-2020 to up to date of sy.no 170/*/E1a3 is attached.File: EC of B honnurswamy,balaram & gopal.pdf3 Mar 2022
section 3(1) notarized affidavit is attached.File: AFFIDAVIT SEC 3(1).pdf3 Mar 2022
Proforma of Agreement of Sale (AOS) notified by GOK is attached.File: AGREEMENT OF SALE OF MAGNUM DEVELOPERS.pdf3 Mar 2022
Signed copy of project specification is attachedFile: PROJECT SPECIFICATIONS.pdf3 Mar 2022
Septic tank, Soak pit and sewer line demarcation Layout plan is attached.File: DC & septic tank.pdf3 Mar 2022
RTC, survey 170/*/E/2-
Mutation, survey 170/*/E/2-
Encumbrance Certificate, survey 170/*/E/2-
Conversion/Alienation Order, survey 170/*/E/2-
JDA, survey 170/*/E/2-
Khatha, survey 170/*/E/2-
RTC, survey 170/*/4-
Mutation, survey 170/*/4-
Encumbrance Certificate, survey 170/*/4-
Conversion/Alienation Order, survey 170/*/4-
JDA, survey 170/*/4-
Khatha, survey 170/*/4-
RTC, survey 170/*/5-
Mutation, survey 170/*/5-
Encumbrance Certificate, survey 170/*/5-
Conversion/Alienation Order, survey 170/*/5-
JDA, survey 170/*/5-
Khatha, survey 170/*/5-
RTC, survey 170/*/6-
Mutation, survey 170/*/6-
Encumbrance Certificate, survey 170/*/6-
Conversion/Alienation Order, survey 170/*/6-
JDA, survey 170/*/6-
Khatha, survey 170/*/6-
RTC, survey 170/*/E1a3-
Mutation, survey 170/*/E1a3-
Encumbrance Certificate, survey 170/*/E1a3-
Conversion/Alienation Order, survey 170/*/E1a3-
JDA, survey 170/*/E1a3-
Khatha, survey 170/*/E1a3-
Registration CertificateFile: partner ship registration magnum.pdf-
Partnership DeedFile: MAGNUM PARTNERSHIP DEED.pdf-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: CA Certificate.pdf-
Certificate issued by Engineer Form 3File: Engineers Certificate.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: NON LITIGATION.pdf-
Certificate from Chartered AccountFile: CA Certificate.pdf-
Certificate issued by ArchitectFile: Architects Certificate.pdf-
BUDA approval-
GESCOM_compressed-
water permission-
PLAN OF MAGNUM-
PLAN OF MAGNUM-
PLAN OF MAGNUM-
PLAN OF MAGNUM-
NA 1-
PROJECT SPECIFICATIONS-
PLAN OF MAGNUM-
PLAN OF MAGNUM-
Legal Opinion-
JDA of magnum -

How this compares with Ballari

2%of Ballari projects moved their completion datethis one has not
0%of Ballari registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Ballari projects on ReraGenie, from their own filings.

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Other projects near Ballari190+ in Ballari

2 kmSREE SAI ENCLAVEOther 3Dot size: filed unitsN

Filed coordinates, straight-line distance. 3 registered projects within 2 km.

Builder: MAGNUM DEVELOPERS

MAGNUM DEVELOPERS has 1 registration on RERA Karnataka, including SREE SAI ENCLAVE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Ballari district page.

Frequently asked questions

What are my rights if SREE SAI ENCLAVE is delayed beyond 31 Dec 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 SREE SAI ENCLAVE?

The registered promoter entity is MAGNUM DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29ABQFM2445J1ZQ can be cross-checked on the MCA and GST portals. 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 SAI 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.

Who certifies construction progress at SREE SAI ENCLAVE?

The professionals named in the filing: Engineer: KARTHIK A; Chartered Accountant: VENKATESWARA PRASAD K. 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 SREE SAI 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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