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Sri Balaji Layout
RG-KA-31741 · RERA PRM/KA/RERA/1256/327/PR/190726/002736
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.
Sri Balaji Layout is a Residential/Group Housing project by M BHASKAR REDDY in Chitradurga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1256/327/PR/190726/002736 on 26 Jul 2019. Possession is promised by 9 Apr 2019.
At a glance
Project
- NameSri Balaji Layout
- TypeResidential/Group Housing
- Location
- Chitradurga
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1256/327/PR/190726/002736
- ReraGenie IDRG-KA-31741
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on26 Jul 2019
- Promised completion9 Apr 2019
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed21 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.
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 filed21
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/1256/327/PR/190726/002736 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Existing layout plan | - |
| Existing layout aproval | - |
| Existing layout aproval | - |
| Saledeed RTC Katha | - |
| Existing layout aproval | - |
| Existing layout aproval | - |
| Project specification | - |
| EC | - |
| 3 (1) Affidavit | - |
| Joint Affidavit cum declaration | - |
| conversion certificate | - |
| Collaboration agreement - Copy | - |
| KEB | - |
| BWSSB | - |
| Existing layout aproval | - |
| Existing layout aproval | - |
| Change of land use12 | - |
| Income Tax Return Acknowledgement 2017 - 2018File: Income tax return 2018-2019.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: Income tax return 2017-18.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: Income tax return 2016-2017.pdf | - |
| Affidavit cum Declaration-ilovepdf-compressed2 | - |
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.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| Sri Sai Balaji Layout | - | Completed | - | No date filed |
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How this compares with Chitradurga
Computed across the 34 Chitradurga projects on ReraGenie, from their own filings.
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Builder: M BHASKAR REDDY
M BHASKAR REDDY has 2 registrations on RERA Karnataka, including SAI BALAJI LAYOUT and Sri Balaji Layout. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Chitradurga district page.
Frequently asked questions
What are my rights if Sri Balaji Layout is delayed beyond 9 Apr 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 Sri Balaji Layout?
The registered promoter entity is M BHASKAR REDDY. 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 Sri Balaji 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 Sri Balaji 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; 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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