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Registration approved Plotted Development project

SUNCITY-1

By Mahendra Kumar G Jain

RG-KA-59195 · RERA PRM/KA/RERA/1248/440/PR/210119/003797

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
Dec 2021Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 70 documents Report an error

SUNCITY-1 is a Plotted Development project by Mahendra Kumar G Jain in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/440/PR/210119/003797 on 19 Jan 2021. Possession is promised by 31 Dec 2021.

At a glance

Project

  • NameSUNCITY-1
  • TypePlotted Development
  • Location
    • Hospet
    • Vijayanagara
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1248/440/PR/210119/003797
  • ReraGenie IDRG-KA-59195

Builder

  • NameMahendra Kumar G Jain

Key dates

this monthRegisteredJan 2021PromisedDec 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Jan 2021
  • Promised completion31 Dec 2021
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed70 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 area2,024 sq m
Named landowners1
LandownerVillageDistrict
Mahendra Kumar G Jain--

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 13.25 lakh

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed70

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/1248/440/PR/210119/003797 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
cc-
layout-
layout-
Performa of sale deed-
Performa of Agreement for sale (7)-
Sale Deed & RTC-
layout-
Area Development-
Provisional Allotment Letter Format-
Brochure-
Project Specification-
ec-
AFFIDAVIT-
JDA-
rtc-
JDA-
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-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
layout-
Layout & Project Specification-
NA ORDER-
Unnamed document-
Balance Sheet 2019 - 2020File: BS.pdf-
Balance Sheet 2018 - 2019File: BS.pdf-
Balance Sheet 2017 - 2018File: BS.pdf-
Audited Profit and Loss Statement 2019 - 2020File: P&L.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P&L.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P&L.pdf-
Director's Report 2019 - 2020File: DR.pdf-
Director's Report 2018 - 2019File: DR.pdf-
Director's Report 2017 - 2018File: DR.pdf-
Cash Flow Statement 2019 - 2020File: CFS.pdf-
Cash Flow Statement 2018 - 2019File: CFS.pdf-
Auditor's Report 2019 - 2020File: AR.pdf-
Auditor's Report 2018 - 2019File: AR.pdf-
Auditor's Report 2017 - 2018File: AR.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2020.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2019.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 2018.pdf-
Form b-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: Brochure.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1248_440_PR_210119_003797.xlsx-
Final plan technical sanction LetterFile: POWER SANCTION-PDF FILE.pdf-
Completion CertificateFile: CC.pdf-
Chartered Accountant Certificate (Form-4)File: FORM 4.pdf-
Architect's Certificate (Form-5)File: ARCHI.pdf-
Engineer's Certificate (Form-6)File: Eng.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: AFFIDAVIT.pdf-

How this compares with Vijayanagara

7%of Vijayanagara projects moved their completion datethis one has not
0%of Vijayanagara registrations are shown as withdrawn or revokedthis one is not

Computed across the 110+ Vijayanagara projects on ReraGenie, from their own filings.

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Other projects near Vijayanagara110+ in Vijayanagara

2 kmSUNCITY-1Other 13Dot size: filed unitsN

Filed coordinates, straight-line distance. 13 registered projects within 2 km.

Builder: Mahendra Kumar G Jain

Mahendra Kumar G Jain has 1 registration on RERA Karnataka, including SUNCITY-1. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayanagara district page.

Frequently asked questions

What are my rights if SUNCITY-1 is delayed beyond 31 Dec 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 SUNCITY-1?

The registered promoter entity is Mahendra Kumar G Jain. 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 SUNCITY-1?

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.

What should I check before booking in SUNCITY-1?

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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