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Sthanikam Nagabhushan Balaji Residency
By Medhabalaji Builders (Prop. J R Balaji Naidu)
RG-KA-02504 · RERA PRM/KA/RERA/1251/310/PR/290726/008855 · Last updated on RERA Karnataka portal: 15 Oct 2026
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
Sthanikam Nagabhushan Balaji Residency is a Residential/Group Housing project by Medhabalaji Builders (Prop. J R Balaji Naidu) in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/290726/008855 on 29 Jul 2026. Possession is promised by 31 Mar 2029. 0 of the 11 units on this registration are recorded sold or booked, and 5 of 16 construction stages are filed complete.
At a glance
Project
- NameSthanikam Nagabhushan Balaji Residency
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/310/PR/290726/008855
- ReraGenie IDRG-KA-02504
Builder
- NameMedhabalaji Builders (Prop. J R Balaji Naidu)
- Entity typeProprietorship
- GSTIN29AQRPB0718K2ZL
- Authorized SignatoryJ R Balaji Naidu
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on29 Jul 2026
- Promised completion31 Mar 2029
- Revised completionNone
- Buildings1 building record
- Documents filed73 files
Current status
Figures as on 15 Oct 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Sthanikam Nagaghushan Balaji Residency | - | - | - | 11 | 0 | 11 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 Oct 2026, 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.
5 of 16 construction stages are filed complete. The stage furthest along is Masonry Construction, at 90%.
Building: 52% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 100% |
| Upto Plinth Level | 100% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 100% |
| Retaining wall (All types) | Not applicable |
| RCC or MS Framed structure | 100% |
| Masonry Construction | 90% |
| Plastering inside , outside & Ceiling | 60% |
| Joinery: Doors, Windows, Ventilators etc | 10% |
| Basic work of Water supply, Sanitary and Electrification | 60% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 0% |
| Railing and Grill fixing | 0% |
| Electrification, Water supply and Sanitary Finishing | 60% |
| Painting | 0% |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | 20% |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | 20% |
| Internal and External work including landscapes as per sanctioned drawings | 20% |
Progress on shared amenities40
As on 15 Oct 2026, 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 60% |
| Sewage and Drainage System | Yes | 60% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 60% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | Yes | 0% |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | Yes | 0% |
| Electricity supply transformer and substation | Yes | 20% |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | 20% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 0% |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | 0% |
| Piped Gas | Yes | 0% |
| Water and Sanitation | Yes | 10% |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 60% |
| Lifts | Yes | 60% |
| Corridor/Lobbies | Yes | 60% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | Yes | 20% |
| Outer Wall | Yes | 30% |
| Open parking areas | Yes | 0% |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | Yes | 0% |
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.
| Landowner | Village | District |
|---|---|---|
| Savithri Sthanikam | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 8.02 cr | Rs 3.80 cr |
| Principal sum and interest payable to financial institutions-Non Banking financial institution (NBFC) | Rs 72.00 lakh | Rs 1.19 lakh |
| Administrative Costs | Rs 15.00 lakh | Rs 2.50 lakh |
| Payment of taxes | Rs 10.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 5.00 lakh | Rs 3.00 lakh |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Santosh |
| Engineer | Sahana. G |
| Chartered Accountant | B N Pattabhi |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed73
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/1251/310/PR/290726/008855 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form 4 CA Certificate.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Form 5 Architect Certificate.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form 6 Engineer Certificate.pdf | 15 Oct 2026 |
| Q2 2026-27 KPTCL- BESCOM | 15 Oct 2026 |
| Declaration for Single plot layout planFile: 1 Declaration for Single plot layout plan.pdf | 27 Jul 2026 |
| Declaration for Single plot layout orderFile: 2 Declaration for Single plot layout order.pdf | 27 Jul 2026 |
| BBMP LicenseFile: 3 BBMP License.pdf | 27 Jul 2026 |
| Declaration for ADLR Survey SketchFile: 4 Declaration for ADLR Survey Sketch.pdf | 27 Jul 2026 |
| Project LocationFile: 5 Project Location.pdf | 27 Jul 2026 |
| Building PlanFile: 6 Building Plan.pdf | 27 Jul 2026 |
| Section and Elevation PlanFile: 6 Section and Elevation Plan.pdf | 27 Jul 2026 |
| Demarcated CDP MapFile: 7 Demarcated CDP Map.pdf | 27 Jul 2026 |
| Declaration for CLU (KTCP)File: 8 Declaration for CLU.pdf | 27 Jul 2026 |
| Stability Certificate - SE LicenseFile: 9 Stability Certificate - SE License.pdf | 27 Jul 2026 |
| Proforma of Agreement for SaleFile: 10 Proforma of Agreement for Sale.pdf | 27 Jul 2026 |
| Affidavit for BWSSB NOCFile: 11 Affidavit for BWSSB NOC.pdf | 27 Jul 2026 |
| Query Answer Documnet 27-07-2026File: Query Answer Documnet 27-07-2026.pdf | 27 Jul 2026 |
| Registration CertificateFile: Medhabalaji Builders GST.pdf | - |
| GST CertificateFile: Medhabalaji Builders GST.pdf | - |
| Certificate issued by CA Form 1File: Medhabalaji Builders Form 1 CA Certificate.pdf | - |
| Certificate issued by Architect Form 2File: Medhabalaji Builders Form 5 Architect Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Medhabalaji Builders Form 6 Engineer Certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Medhabalaji Builders Non Litigation Affidavit.pdf | - |
| Balance Sheet 2024 - 2025File: Medhabalaji Builders BS 2024-25.pdf | - |
| Balance Sheet 2023 - 2024File: Medhabalaji Builders BS 2023-24.pdf | - |
| Audited Profit and Loss Statement 2024 - 2025File: Medhabalaji Builders P and L 2024-25.pdf | - |
| Audited Profit and Loss Statement 2023 - 2024File: Medhabalaji Builders P and L 2023-24.pdf | - |
| Income Tax Return Acknowledgement 2024 - 2025File: Medhabalaji Builders ITR 2024-25.pdf | - |
| Income Tax Return Acknowledgement 2023 - 2024File: Medhabalaji Builders ITR 2023-24.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: Medhabalaji Builders ITR 2022-23.pdf | - |
| Medhabalaji Builders BBMP License | - |
| Medhabalaji Builders Building Plan | - |
| Medhabalaji Builders Section and Elevation | - |
| Medhabalaji Builders Stability Certificate - License Validity - License | - |
| Medhabalaji Builders Project Specifications | - |
| Medhabalaji Builders Agreement for sale | - |
| Medhabalaji Builders Allotment Letter | - |
| Medhabalaji Builders Form B Affidavit | - |
| Medhabalaji Builders Sec 3(1) Non Violation Affidavit | - |
| Medhabalaji Builders JDA Affidavit | - |
| Medhabalaji Builders Legal Report | - |
| Medhabalaji Builders BESCOM NOC with Fee receipt | - |
| Unnamed document | - |
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| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Medhabalaji Builders GPA | - |
| Medhabalaji Builders Katha Certificate | - |
| Medhabalaji Builders Gift Deed 6422 | - |
| Medhabalaji Builders Release deed 6755 | - |
| Medhabalaji Builders Title Deed 9011 | - |
| Medhabalaji Builders Death Certificate Nagabhushan S | - |
| Medhabalaji Builders Death Certifiacte of Pushpa | - |
| Medhabalaji Builders Village Map | - |
| Medhabalaji Builders CDP Map | - |
| Medhabalaji Builders Land Cost Calculation | - |
| Medhabalaji Builders STP Declaration | - |
| Medhabalaji Builders Commencement Certificate | - |
| Medhabalaji Builders Amenities Details | - |
| Medhabalaji Builders Area Statement | - |
| Medhabalaji Builders Common Area Details | - |
| Medhabalaji Builders Abstract Estimation | - |
| Medhabalaji Builders No Mortgage Affidavit | - |
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Builder: Medhabalaji Builders (Prop. J R Balaji Naidu)
Medhabalaji Builders (Prop. J R Balaji Naidu) has 1 registration on RERA Karnataka, including Sthanikam Nagabhushan Balaji Residency. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if Sthanikam Nagabhushan Balaji Residency is delayed beyond 31 Mar 2029?
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 Sthanikam Nagabhushan Balaji Residency?
The registered promoter entity is Medhabalaji Builders (Prop. J R Balaji Naidu), a proprietorship as per the filing. Its GSTIN 29AQRPB0718K2ZL can be cross-checked on the MCA and GST portals. 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 Sthanikam Nagabhushan Balaji Residency?
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 Sthanikam Nagabhushan Balaji Residency?
The professionals named in the filing: Architect: Santosh; Engineer: Sahana. G; Chartered Accountant: B N Pattabhi. 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 Sthanikam Nagabhushan Balaji Residency?
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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