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Registration approved Residential/Group Housing project

Sruthika Springfields

By SRUTHIKA BUILDERS & DEVELOPERS

RG-KA-18414 · RERA PRM/KA/RERA/1251/309/PR/171031/001505 · Last updated on RERA Karnataka portal: 7 Oct 2020

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
Mar 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 66 documents Report an error

Sruthika Springfields is a Residential/Group Housing project by SRUTHIKA BUILDERS & DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171031/001505 on 31 Oct 2017. Possession is promised by 31 Mar 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSruthika Springfields
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/171031/001505
  • ReraGenie IDRG-KA-18414

Builder

  • NameSRUTHIKA BUILDERS & DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryKIRAN KUMAR KASETTY
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredOct 2017First promiseMar 2019Revised toMar 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Oct 2017
  • Promised completion31 Mar 2020
  • Revised completionRevised to 31 Mar 2020 (originally 31 Mar 2019)
  • Buildings1 building record
  • Documents filed66 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block A and B---3750375

The full filing

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

Construction progress by building1

As on 7 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.

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 networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 7 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 waterYes-
Solid waste management and disposalYes-
Water conservationNoNot applicable
Energy managementNoNot applicable
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 SurveillanceNoNot applicable
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityYes-
Swimming PoolNoNot applicable
GymYes-
ParksNoNot applicable
Power BackupNoNot applicable
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementYes-
TerraceNoNot applicable
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
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 area16,190 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 75.57 cr

Certifying professionals and partners1

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

RoleName
EngineerVANKAYALA SURESH

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/1251/309/PR/201021/001505Mar 2019 → Mar 2020

Reason as filed by the promoterAwaiting OC

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed66

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/1251/309/PR/171031/001505 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Occupancy CertificateFile: SRUHTIKA BUILDERS OCCUPANCY CERTIFICATE.pdf7 Oct 2020
CertificateFile: Registration of Firm.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Archietect Certificate for Work Status.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate for Work Status.pdf-
CA Certificate for Funds UtilizationFile: CA Fund Utilisation Certificate.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Archietect Certificate for Pendig works.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate for Pending Works.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Fund Required Certificate.pdf-
AffidavitFile: Affidavit.pdf-
Latest Encumbrance CertificateFile: Latest EC dt 18 10 2019.jpg-
Consent letter from 2/3rd of AllotteesFile: Consent.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Bank Statement.pdf-
Document 2File: Comencement certificate for all blocks.pdf-
Document 3File: Affidavit for Seeking Project Extension.pdf-
Commencement Certificate-
Approved Building Plotting Plan-
Approved Layout Plan-
Sale deed - Draft-
Sale Agreement Draft-
LOCATION Google-
Approved Building Plotting Plan-
PROVISIONAL ALLOTMENT LETTER DRAFT SBD-
sruthikabrochure-
NOC-
SPECIFICATION-
EC Latest 17-18-
Katha Sale Deed Conversion Order-
JDA-
Land Owner Partition Deed-
Convertion Certificate-
Convertion Certificate-
Relinquishment Deed-
Not Required-
Not Required-
BESCOM-
NOC BWSSB-
KSPCB-
SEIAA NOC-
Not Required-
Not Required-
Unnamed document-
Not Required-
Not Required-
Not Required-
Not Required-
Not Required-
STRUCTURAL STABILITY CERTIFICATE123-
Permission Plans-
Balance Sheet 2015 - 2016File: BAL SHT FY 2015-16.jpg-
Balance Sheet 2014 - 2015File: BAL SHT FY 2014-15.jpg-
Balance Sheet 2013 - 2014File: BAL SHT FY 2013-14.jpg-
Audited Profit and Loss Statement 2015 - 2016File: P&L FY 2015-16.jpg-
Audited Profit and Loss Statement 2014 - 2015File: P&L FY 2014-15.jpg-
Audited Profit and Loss Statement 2013 - 2014File: P&L FY 2013-14.jpg-
Auditor's Report 2015 - 2016File: Auditor Report FY 2015-16.pdf-
Auditor's Report 2014 - 2015File: Auditor Report FY 2014-15.pdf-
Auditor's Report 2013 - 2014File: Auditor Report FY 2013-14.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR ACK FY 2015-16.jpg-
Income Tax Return Acknowledgement 2014 - 2015File: ITR ACK FY 2014-15.jpg-
Income Tax Return Acknowledgement 2013 - 2014File: ITR ACK FY 2013-14.jpg-
FORM B SBD-
Prospectus/BrochureFile: sruthikabrochure.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_309_PR_171031_001505 (3).xlsx-
Occupancy CertificateFile: Occupancy Certificate.pdf-
Completion certificateFile: Completion Certificate.pdf-

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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmSruthika SpringfieldsOther 10Dot size: filed unitsN

Filed coordinates, straight-line distance. 10 registered projects within 2 km.

Builder: SRUTHIKA BUILDERS & DEVELOPERS

SRUTHIKA BUILDERS & DEVELOPERS has 2 registrations on RERA Karnataka, including Sruthika Springfields and THE PINNACLE. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Sruthika Springfields is delayed beyond 31 Mar 2020?

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 Sruthika Springfields?

The registered promoter entity is SRUTHIKA BUILDERS & 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 Sruthika Springfields?

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 Sruthika Springfields?

The professionals named in the filing: Engineer: VANKAYALA SURESH. 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 Sruthika Springfields?

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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