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Registration approved Plotted Development project

SUVARNA NAGAR

By Vikram Sathish and Suvarna

RG-KA-44483 · RERA PRM/KA/RERA/1263/419/PR/200618/003457 · Last updated on RERA Karnataka portal: 3 Jun 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Mar 2025Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 72 documents Report an error

SUVARNA NAGAR is a Plotted Development project by Vikram Sathish and Suvarna in Kalaburagi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1263/419/PR/200618/003457 on 18 Jun 2020. Possession is promised by 30 Mar 2025. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSUVARNA NAGAR
  • TypePlotted Development
  • Location
    • Kalaburagi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1263/419/PR/200618/003457
  • ReraGenie IDRG-KA-44483

Builder

  • NameVikram Sathish and Suvarna

Key dates

this monthRegisteredJun 2020First promiseJun 2024Revised toMar 2025

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on18 Jun 2020
  • Promised completion30 Mar 2025
  • Revised completionRevised to 30 Mar 2025 (originally 30 Jun 2024)
  • BuildingsNot stated in filing
  • Documents filed72 files

The full filing

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

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 area39,254 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 4.00 cr

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionJun 2024 → Mar 2025

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed72

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/1263/419/PR/200618/003457 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
NOC for local water supplyFile: NOC for water supply.jpeg3 Jun 2020
Declaration for Financial statementsFile: AS THE PROMOTER IS A INDIVIDUALS.pdf20 May 2020
Balance sheet and P L account 2018File: Balance sheet & P L Account 2018.pdf20 May 2020
Cancellation of JDAFile: Cancelation of JDA agreement.pdf20 May 2020
ITR 2017File: ITR 2017.pdf20 May 2020
ITR 2018File: ITR 2018.pdf20 May 2020
MOUFile: MOU.pdf20 May 2020
P L account 2019File: P L account and Balance sheet 2019.pdf20 May 2020
Plan approval letter-
Approved Layout Plan-
Approved Layout Plan-
Proforma of Sale deed-
AGREEMENT FOR SALE-
Sale Deed RTC-
Approved Layout Plan-
CDP MAP-
ALLOTMENT LETTER-
BROCHURE-
PROJECT SPECIFICATION-
EC for 15 years-
NON VIOLATION Affidvait-
RTC-
MR-
ADVT CERTIFICATE-
CONVERSION CERTIFICATE-
Unnamed document-
MOU-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
ALL NOCS-
ALL NOCS-
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-
Approved Layout Plan-
Approved Layout Plan-
CONVERSION CERTIFICATE-
Unnamed document-
Balance Sheet 2018 - 2019File: P L and Balance sheet.pdf-
Balance Sheet 2017 - 2018File: P L account and Balance sheet 2019.pdf-
Balance Sheet 2016 - 2017File: Balance sheet & P L Account.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P L and Balance sheet.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P L account and Balance sheet 2019.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Balance sheet & P L Account.pdf-
Director's Report 2018 - 2019File: AS THE PROMOTER IS A INDIVIDUALS.pdf-
Director's Report 2017 - 2018File: AS THE PROMOTER IS A INDIVIDUALS.pdf-
Director's Report 2016 - 2017File: AS THE PROMOTER IS A INDIVIDUALS.pdf-
Cash Flow Statement 2018 - 2019File: AS THE PROMOTER IS A INDIVIDUALS.pdf-
Cash Flow Statement 2017 - 2018File: AS THE PROMOTER IS A INDIVIDUALS.pdf-
Auditor's Report 2018 - 2019File: AS THE PROMOTER IS A INDIVIDUALS.pdf-
Auditor's Report 2017 - 2018File: AS THE PROMOTER IS A INDIVIDUALS.pdf-
Auditor's Report 2016 - 2017File: AS THE PROMOTER IS A INDIVIDUALS.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2019.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 2018.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR.pdf-
FORM B Affidavit-
Plot Excel SheetFile: PRMKARERA1263419PR200618003457.xlsx-
Completion CertificateFile: Completion Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit.pdf-
Completion CertificateFile: Completion Certificate.pdf-

How this compares with Kalaburagi

32%of Kalaburagi projects moved their completion datethis one moved by 9 months
0%of Kalaburagi registrations are shown as withdrawn or revokedthis one is not

Computed across the 210+ Kalaburagi projects on ReraGenie, from their own filings.

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Other projects near Kalaburagi210+ in Kalaburagi

2 kmSUVARNA NAGAROther 3Dot size: filed unitsN

Filed coordinates, straight-line distance. 3 registered projects within 2 km.

Builder: Vikram Sathish and Suvarna

Vikram Sathish and Suvarna has 1 registration on RERA Karnataka, including SUVARNA NAGAR. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kalaburagi district page.

Frequently asked questions

What are my rights if SUVARNA NAGAR is delayed beyond 30 Mar 2025?

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 SUVARNA NAGAR?

The registered promoter entity is Vikram Sathish and Suvarna. 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 SUVARNA NAGAR?

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 SUVARNA NAGAR?

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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