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Registration approved Mixed Development project

SRI NIDHI SAMRUDDHI

By SHREE NIDHI INFRASTRUCTURES

RG-KA-90348 · RERA PRM/KA/RERA/1257/334/PR/190215/002380

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
Sep 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

SRI NIDHI SAMRUDDHI is a Mixed Development project by SHREE NIDHI INFRASTRUCTURES in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/190215/002380 on 15 Feb 2019. Possession is promised by 1 Sep 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSRI NIDHI SAMRUDDHI
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/190215/002380
  • ReraGenie IDRG-KA-90348

Builder

  • NameSHREE NIDHI INFRASTRUCTURES
  • Entity typeProprietorship Firm
  • Authorized SignatoryKIRAN SHETTY
  • Other registrations2 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredFeb 2019First promiseDec 2021Revised toSep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Feb 2019
  • Promised completion1 Sep 2022
  • Revised completionRevised to 1 Sep 2022 (originally 1 Dec 2021)
  • Buildings1 building record
  • Documents filed34 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Samruddhi-----40

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:

ActivityProgress
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)-
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolNoNot applicable
GymYes-
ParksNoNot applicable
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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 area1,484 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 6.97 cr

Certifying professionals and partners1

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

RoleName
EngineerDesign Spectrum

Extensions applied for1

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

ExtensionDec 2021 → Sep 2022

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/1257/334/PR/190215/002380 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: trade license.jpg-
License-
Approved Plan-
SALE DEED FORMAT-
SALE AGREEMENT FORMAT-
Sale Deed for RERA-
Allotment Letter-
Samrudhi Brochure-
Project Specification-
Latest EC-
output-
Khata-
JDA-
Fire NOC-
Conversion Order-
Balance Sheet 2017 - 2018File: BS 18.pdf-
Balance Sheet 2016 - 2017File: SKMBT_C22018112314250_0004.jpg-
Balance Sheet 2015 - 2016File: SKMBT_C22018112314250_0002.jpg-
Audited Profit and Loss Statement 2017 - 2018File: PL 18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: SKMBT_C22018112314250_0003.jpg-
Audited Profit and Loss Statement 2015 - 2016File: SKMBT_C22018112314250_0001.jpg-
Auditor's Report 2017 - 2018File: AUDIT REPORT 2017-18.pdf-
Auditor's Report 2015 - 2016File: KIRAN SHETTY AR 2016-min.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: 2017 18 FY Ack.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: SKMBT_C22018112314230_0001.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: SKMBT_C22018112314241_0001.jpg-
FORM B-min-
Prospectus/BrochureFile: Samrudhi Brochure.pdf-
Advertisement Copy 1File: Samrudhi Brochure (1).pdf-
Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_190215_002380.xlsx-
Occupancy CertificateFile: occupancy certificate.pdf-
Completion certificate issued by the competent authorityFile: occupancy certificate.pdf-
Registered Agreement of SaleFile: 101 (1)_compressed.pdf-
Registered conveyance deed for an individual unitFile: 203_compressed.pdf-

Promoter's earlier projects2

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.

2 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
SRI NIDHI VENUS HOME-Completed-No date filed
SRI NIDHI RESIDENCY-Completed-No date filed

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 9 months
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

2 kmSRI NIDHI SAMRUDDHIOther 82Dot size: filed unitsN

Filed coordinates, straight-line distance. 82 registered projects within 2 km.

Builder: SHREE NIDHI INFRASTRUCTURES

SHREE NIDHI INFRASTRUCTURES has 3 registrations on RERA Karnataka, including NANDANA and SRI NIDHI SAMRUDDHI. Its filings declare 3 earlier projects, 3 of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if SRI NIDHI SAMRUDDHI is delayed beyond 1 Sep 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 SRI NIDHI SAMRUDDHI?

The registered promoter entity is SHREE NIDHI INFRASTRUCTURES, a proprietorship 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 NIDHI SAMRUDDHI?

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 SRI NIDHI SAMRUDDHI?

The professionals named in the filing: Engineer: Design Spectrum. 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 SRI NIDHI SAMRUDDHI?

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 NIDHI SAMRUDDHI. 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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