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Registration approved Plotted Development project

SRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2

By SRI BUILDERS & DEVELOPERS

RG-KA-66978 · RERA PRM/KA/RERA/1271/486/PR/200121/003208 · Last updated on RERA Karnataka portal: 14 Jan 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 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

SRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2 is a Plotted Development project by SRI BUILDERS & DEVELOPERS in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/486/PR/200121/003208 on 21 Jan 2020. Possession is promised by 1 Jan 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2
  • TypePlotted Development
  • Location
    • Shivamogga
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1271/486/PR/200121/003208
  • ReraGenie IDRG-KA-66978

Builder

  • NameSRI BUILDERS & DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryJAYANNA K B

Key dates

this monthRegisteredJan 2020First promiseApr 2022Revised toJan 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on21 Jan 2020
  • Promised completion1 Jan 2023
  • Revised completionRevised to 1 Jan 2023 (originally 1 Apr 2022)
  • BuildingsNot stated in filing
  • Documents filed34 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 area36,118 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 1.52 cr

Extensions applied for1

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

ExtensionApr 2022 → Jan 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed34

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/1271/486/PR/200121/003208 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
ECFile: EC.pdf14 Jan 2020
ITR BS AND PL 2016-17File: ITR BS PL 2016-17.pdf14 Jan 2020
ITR BS PL 2017-18File: ITR BS PL 2017-18.pdf14 Jan 2020
ITR BS PL 2018-19File: ITR BS PL 2018-19.pdf14 Jan 2020
JDAFile: JDA.pdf14 Jan 2020
JDA cum DeclaationFile: TITLE DEED or SALE DEED .pdf14 Jan 2020
TITLE AND SALE DEEDFile: title-Sri.pdf14 Jan 2020
ITR and financialsFile: itr 2016-17.pdf17 Dec 2019
ITR and financialsFile: itr 2017-18.pdf17 Dec 2019
ITR and finacialsFile: itr 2018-19.pdf17 Dec 2019
affidavitFile: affidivit.pdf17 Dec 2019
JDAFile: JDA.pdf17 Dec 2019
Plan total 144 siteFile: plan.pdf17 Dec 2019
form B joint affidavitFile: form b.pdf17 Dec 2019
Final release orderFile: final copy order.pdf17 Dec 2019
RTCFile: rtc_0001.pdf17 Dec 2019
ECFile: ec.pdf17 Dec 2019
CertificateFile: REGISTRATION CERTIFICATE.pdf-
TEMPORARY APPROVALSAIDEVELOPERS-
final copy of approval-
plan-
plan-
PLAN SAIDEVELOPERS-
PLAN SAIDEVELOPERS-
affidivit-
JDA-
Jayanna - REVO DOC-
PLAN SAIDEVELOPERS-
PLAN SAIDEVELOPERS-
DC CONVERSION SAIDEVELOPERS_0001-
Income Tax Return Acknowledgement 2017 - 2018File: itr 2018-19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: itr 2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: itr 2016-17.pdf-
form b-

How this compares with Shivamogga

14%of Shivamogga projects moved their completion datethis one moved by 9 months
0%of Shivamogga registrations are shown as withdrawn or revokedthis one is not

Computed across the 140+ Shivamogga projects on ReraGenie, from their own filings.

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Builder: SRI BUILDERS & DEVELOPERS

SRI BUILDERS & DEVELOPERS has 1 registration on RERA Karnataka, including SRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Shivamogga district page.

Frequently asked questions

What are my rights if SRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2 is delayed beyond 1 Jan 2023?

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 BUILDERS AND DEVELOPERS -108/1,2 &109/1,2?

The registered promoter entity is SRI BUILDERS & DEVELOPERS, 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 SRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2?

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 BUILDERS AND DEVELOPERS -108/1,2 &109/1,2?

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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About SRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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