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Registration approved Mixed Development project

Sri Heights

By Narmada Developers

RG-KA-75388 · RERA PRM/KA/RERA/1251/310/PR/171031/001577

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Nov 2019Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 56 documents Report an error

Sri Heights is a Mixed Development project by Narmada Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171031/001577 on 31 Oct 2017. Possession is promised by 1 Nov 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSri Heights
  • TypeMixed Development
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/171031/001577
  • ReraGenie IDRG-KA-75388

Builder

  • NameNarmada Developers
  • Entity typePartnership Firm
  • Authorized SignatoryBS Vidya
  • OthersBS Vidya

Key dates

this monthRegisteredOct 2017First promiseNov 2018Revised toNov 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Oct 2017
  • Promised completion1 Nov 2019
  • Revised completionRevised to 1 Nov 2019 (originally 1 Nov 2018)
  • BuildingsNot stated in filing
  • Documents filed56 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 area2,410 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 12.60 cr

Extensions applied for1

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

EX/PRM/KA/RERA/1251/310/PR/201001/001577Nov 2018 → Nov 2019

Reason as filed by the promoterShortage of Labour; Applied for modification; Awaiting Approvals; Awaiting OC

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed56

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/1251/310/PR/171031/001577 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Narmada vat certificate.jpg-
Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate Work Completed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate Work Completed.jpg-
CA Certificate for Funds UtilizationFile: CA Certificate Fund Utilised.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Certificate Work Pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate Work Pending.jpg-
CA Certificate for Funds required for Project CompletionFile: CA Certificate Fund Required.pdf-
AffidavitFile: FORM B and SECTION 18 AFFIDAVIT.pdf-
Latest Encumbrance CertificateFile: Latest EC 1MB.pdf-
Consent letter from 2/3rd of AllotteesFile: Consent Letters.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: ADDITIONAL DOCUMENTS.pdf-
Document 2File: Bank Statement from 1.11.17 - 2.8.19.pdf-
Document 3File: Affidavit Form B.pdf-
Document 4File: Section 18 Affidavit.pdf-
Document 5File: Consent Letters.pdf-
Document 6File: Sec 18.pdf-
COMMENCEMENT CERTIFICATE-
APPROVED PLAN-
LAYOUT PLAN-
Draft - Agreement to Construct-
Draft - Agreement to Construct-
SALE DEED & RTC-
SECTION PLAN-
LAYOUT PLAN-
Draft - Agreement to Construct-
6 page Brochure-
NOC FIRE-
SPECIFICATION SRI HEIGHTS-
EC PDF-
KHATA-
Convertion Order-
RELENQ DEED-
FIRE NOC-
20170829011223_00054 (2 files merged)-
BESCOM NOC-
BWSSB NOC-
SECTION DRAWING-
Balance Sheet 2015 - 2016File: BS.jpg-
Balance Sheet 2014 - 2015File: BS.jpg-
Balance Sheet 2013 - 2014File: BS.jpg-
Audited Profit and Loss Statement 2015 - 2016File: BS.jpg-
Audited Profit and Loss Statement 2014 - 2015File: BS.jpg-
Audited Profit and Loss Statement 2013 - 2014File: BS.jpg-
Director's Report 2015 - 2016File: BS.jpg-
Director's Report 2014 - 2015File: BS.jpg-
Director's Report 2013 - 2014File: BS.jpg-
Cash Flow Statement 2015 - 2016File: BS.jpg-
Cash Flow Statement 2014 - 2015File: BS.jpg-
Auditor's Report 2015 - 2016File: Auditor report.jpg-
Auditor's Report 2014 - 2015File: Auditor report.jpg-
Auditor's Report 2013 - 2014File: Auditor report.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: ITR narmada.jpg-
Income Tax Return Acknowledgement 2014 - 2015File: ITR narmada.jpg-
Income Tax Return Acknowledgement 2013 - 2014File: ITR narmada.jpg-
Declaration - Form B Promenade-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: Narmada Developers

Narmada Developers has 1 registration on RERA Karnataka, including Sri Heights. 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 Sri Heights is delayed beyond 1 Nov 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 Heights?

The registered promoter entity is Narmada 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 Heights?

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 Heights?

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 Heights. 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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