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Registration approved Plotted Development project

SRI SAI NAGAR

By H G CHANDRASHEKAR

RG-KA-33740 · RERA PRM/KA/RERA/1261/313/PR/201222/003763

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
Mar 2021Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 45 documents Report an error

SRI SAI NAGAR is a Plotted Development project by H G CHANDRASHEKAR in Hassan, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1261/313/PR/201222/003763 on 22 Dec 2020. Possession is promised by 31 Mar 2021.

At a glance

Project

  • NameSRI SAI NAGAR
  • TypePlotted Development
  • Location
    • Holenarsipur
    • Hassan
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1261/313/PR/201222/003763
  • ReraGenie IDRG-KA-33740

Builder

  • NameH G CHANDRASHEKAR

Key dates

this monthRegisteredDec 2020PromisedMar 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on22 Dec 2020
  • Promised completion31 Mar 2021
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed45 files

The full filing

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

Land and ownership1

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

Land area18,412 sq m
Named landowners1
LandownerVillageDistrict
H.G.CHANDRASHEKAR--

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 1.20 cr

Certifying professionals and partners2

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

RoleName
ArchitectSrimathi J Adiga
EngineerVishnu Kumar

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed45

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/1261/313/PR/201222/003763 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Initial Plan Approval and Release order-
Layout Plan-
Approval letter plan release order and specification-
sale deeds-
Layout Plan-
Release order-
Project Specification-
Upto date Encumbrance Certificate-
Sec 3(1) Non Violation Affidavit-
RTC & MR-
Bank Statement Affidavit with Release Order-
Conversion Order-
Unnamed document-
Unnamed document-
Unnamed document-
Relinguishment Deedc-
Unnamed document-
Unnamed document-
NOC- CHESCOMc-
NOC-Grama panchayatc-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Layout Plan-
Approval letter plan release order and specification-
Unnamed document-
Balance Sheet 2019 - 2020File: Balance Sheet 2018-19.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 2017-18.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet 2016-17.pdf-
Cash Flow Statement 2019 - 2020File: Statement of Income.pdf-
Cash Flow Statement 2018 - 2019File: Statement of Income 2017-18.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: IT 2018-19.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT 2017-18.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT return 2016-17.pdf-
Form-B Affidavit-

How this compares with Hassan

5%of Hassan projects moved their completion datethis one has not
0%of Hassan registrations are shown as withdrawn or revokedthis one is not

Computed across the 20 Hassan projects on ReraGenie, from their own filings.

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Other projects near Hassan20 in Hassan

Builder: H G CHANDRASHEKAR

H G CHANDRASHEKAR has 1 registration on RERA Karnataka, including SRI SAI NAGAR. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Hassan district page.

Frequently asked questions

What are my rights if SRI SAI NAGAR is delayed beyond 31 Mar 2021?

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 SAI NAGAR?

The registered promoter entity is H G CHANDRASHEKAR. 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 SAI NAGAR?

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 SAI NAGAR?

The professionals named in the filing: Architect: Srimathi J Adiga; Engineer: Vishnu Kumar. 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 SAI NAGAR?

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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About SRI SAI NAGAR. 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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