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Registration approved Residential/Group Housing project

SRINIVAS NILAYA

By MS BRICKS CONSTRUCTIONS

RG-KA-25543 · RERA PRM/KA/RERA/1273/319/PR/201029/003681 · Last updated on RERA Karnataka portal: 21 Oct 2020

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
Oct 2019Possession promisedno revision filed
0 of 15Construction stages donefurthest along: Earth work and other leveling..., 0%
12 of 12Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 60 documents Report an error

SRINIVAS NILAYA is a Residential/Group Housing project by MS BRICKS CONSTRUCTIONS in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/319/PR/201029/003681 on 29 Oct 2020. Possession is promised by 1 Oct 2019. 0 of the 12 units on this registration are recorded sold or booked, and 0 of 15 construction stages are filed complete.

At a glance

Project

  • NameSRINIVAS NILAYA
  • TypeResidential/Group Housing
  • Location
    • Karkala
    • Udupi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/319/PR/201029/003681
  • ReraGenie IDRG-KA-25543

Builder

  • NameMS BRICKS CONSTRUCTIONS
  • Entity typePartnership Firm
  • Authorized SignatoryRADHA NAYAK
  • Board MemberB NARAYANA BALIGA

Key dates

Registered
29 Oct 2020
Promised
1 Oct 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Oct 2020
  • Promised completion1 Oct 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed60 files

Current status

0%0 of 12 units booked

Figures as on 21 Oct 2020, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SRINIVAS NILAYA---12012

The full filing

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

Construction progress by building1

As on 21 Oct 2020, the date of the latest filing. 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.

0 of 15 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.

Building: 0% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
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 networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 21 Oct 2020, the date of the latest filing. 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 plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
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 facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
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-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

Land and ownership2

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

Land area606 sq m
Land owned byNot the promoter
Named landowners2
LandownerVillageDistrict
B NARAYANA BALIGA--
RADHA NAYAK--

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 1.08 cr

Certifying professionals and partners2

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

RoleName
ArchitectAMITH SHENOY
EngineerKANIPURA DESIGNERS

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed60

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/1273/319/PR/201029/003681 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
EC 16.09.2019 TO 19.10.2020File: EC 16092019 TO 19102020.pdf21 Oct 2020
EC 01.04.1989 TO 15.09.2019File: EC.pdf21 Oct 2020
CertificateFile: FIRM REGISTRTION CERTIFICATE &PARTNERSHIP DEED.pdf-
Commencement Certificate-
TMC APPROVED DRAWING-
SANCATION PLAN-
PROFORMA OF - DEED OF SALE (1)-converted-
PROFORMA OF AGREEMENT FOR SALE (1)-converted-
SALE DEED-
Allotment Letter (1)-converted-
Brochure karkala-
specification-
EC-
Section 3(1) Notarized Affidavit-
Section 3(1) Notarized Affidavit-
KATHA-
MOTHER DEED-
DEED OF DECLERATION-
Conversation Order_compressed-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
NOC-MESCOM-
OC-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
RTC-148-10-B1-
SANCATION PLAN-
SANCATION PLAN-
Commencement Certificate-
Unnamed document-
Balance Sheet 2019 - 2020File: BALANCE SHEET-min.jpg-
Audited Profit and Loss Statement 2019 - 2020File: PROFIT AND LOSS ACCOUNT 201-20.pdf-
Director's Report 2019 - 2020File: STATEMENT OF INCOME.pdf-
Cash Flow Statement 2019 - 2020File: CASH FLOW-min.jpg-
Auditor's Report 2019 - 2020File: AUDIT REORT-min.jpg-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019-20-min.jpg-
Form B-min-
Prospectus/BrochureFile: Brochure karkala.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1273_319_PR_201029_003681.xlsx-
Occupancy CertificateFile: Occupancy Certificate.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: MESCOM Sanction Letter.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: WATER CONNECTION CHALLAN.jpeg-
Architect certificate for having completed the work(in format no 5)File: Architect's Certificate.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: form 4 ca certficate.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: completion affidavith.pdf-
ENGINEER CERTFICATEFile: Engineer's Certificate.pdf-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

2 kmSRINIVAS NILAYAOther 5Dot size: filed unitsN

Filed coordinates, straight-line distance. 5 registered projects within 2 km.

Builder: MS BRICKS CONSTRUCTIONS

MS BRICKS CONSTRUCTIONS has 1 registration on RERA Karnataka, including SRINIVAS NILAYA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if SRINIVAS NILAYA is delayed beyond 1 Oct 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 SRINIVAS NILAYA?

The registered promoter entity is MS BRICKS CONSTRUCTIONS, 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 SRINIVAS NILAYA?

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 SRINIVAS NILAYA?

The professionals named in the filing: Architect: AMITH SHENOY; Engineer: KANIPURA DESIGNERS. 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 SRINIVAS NILAYA?

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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