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Registration approved Residential/Group Housing project

SRI SAI SAMBHRAMA APARTMENT

By GCR HOMES

RG-KA-68386 · RERA PRM/KA/RERA/1271/486/PR/210705/004186 · Last updated on RERA Karnataka portal: 24 May 2021

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
Jun 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 63 documents Report an error

SRI SAI SAMBHRAMA APARTMENT is a Residential/Group Housing project by GCR HOMES in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/486/PR/210705/004186 on 5 Jul 2021. Possession is promised by 30 Jun 2022.

At a glance

Project

  • NameSRI SAI SAMBHRAMA APARTMENT
  • TypeResidential/Group Housing
  • Location
    • Shivamogga
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1271/486/PR/210705/004186
  • ReraGenie IDRG-KA-68386

Builder

  • NameGCR HOMES
  • Entity typePartnership Firm
  • Authorized SignatoryGulabchand D
  • Board MembersVrushali G, Rajesh P Jain, Gulabchand D, Geetha G

Key dates

this monthRegisteredJul 2021PromisedJun 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on5 Jul 2021
  • Promised completion30 Jun 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed63 files

The full filing

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

Land and ownership3

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

Land area2,953 sq m
Named landowners3
LandownerVillageDistrict
Rajesh P Jain--
Geetha G--
Gulabchand D--

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 12.45 cr

Certifying professionals and partners2

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

RoleName
ArchitectSridhar Reddy S
EngineerSiddesh T M

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed63

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/210705/004186 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Clarification to noticeFile: Clarification for first notice.pdf24 May 2021
Technical sanction letterFile: Technical sanction letter.pdf24 May 2021
plansFile: Plans.pdf24 May 2021
Sale Deed MR and RTCFile: Sale Deed MR and RTC.pdf24 May 2021
Khatha for site No 84File: Khatha Site No 84.pdf24 May 2021
Conversion OrderFile: Conversion order.pdf24 May 2021
Encumbrance CertificateFile: Encumbrance Certificate.pdf24 May 2021
CertificateFile: Company Incorporation Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate Completed As on date.pdf-
CA Certificate for Funds UtilizationFile: CA Certificate Funds Utilized.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Certificate Pending Work.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate Pending as on date.pdf-
AffidavitFile: Extension Affidavit.pdf-
Details Of Sold/ Un-sold UnitsFile: Sold and Unsold units.pdf-
Document 1File: Form B.pdf-
Technical sanction letter-
Plansc-
Plans-
Sale Deed MR and RTC-
Plansc-
Plansc-
SPECIFICATIONS-
Encumbrance Certificate-
Sec 3(1) non violation Affidavit-
Khatha Site No 84-
Partnership Deed-
Converion order-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
NOC-Fire-
Unnamed document-
NOC-Mescom-
NOC-Water-
NOC-KSPCB-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Plans-
Sanction letter Plan and specification-
Unnamed document-
Balance Sheet 2019 - 2020File: Balance sheet 2019-20.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 2018-19.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet 2017-18.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit and Loss 2019-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit and loss 2018-19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit and loss 2017-18.pdf-
Cash Flow Statement 2019 - 2020File: Statement of Income 2019-20.pdf-
Cash Flow Statement 2018 - 2019File: Statament of Income 2018-19.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: IT return 2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT return 2018-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT return 2017-18.pdf-
Form-B Affidavit-

How this compares with Shivamogga

14%of Shivamogga projects moved their completion datethis one has not
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: GCR HOMES

GCR HOMES has 1 registration on RERA Karnataka, including SRI SAI SAMBHRAMA APARTMENT. 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 SAI SAMBHRAMA APARTMENT is delayed beyond 30 Jun 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 SAI SAMBHRAMA APARTMENT?

The registered promoter entity is GCR HOMES, 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 SAI SAMBHRAMA APARTMENT?

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 SAMBHRAMA APARTMENT?

The professionals named in the filing: Architect: Sridhar Reddy S; Engineer: Siddesh T M. 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 SAMBHRAMA APARTMENT?

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 SAMBHRAMA APARTMENT. 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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