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Registration approved Residential/Group Housing project

SV ELEGANT

By M/s. Venkateshwara Builders

RG-KA-59290 · RERA PRM/KA/RERA/1251/446/PR/190131/002323 · Last updated on RERA Karnataka portal: 25 Feb 2021

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka
  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2022Possession promisedmoved 9 months from the original
1Complaints at RERA Karnatakaon this registration
Jump to the 54 documents Report an error

SV ELEGANT is a Residential/Group Housing project by M/s. Venkateshwara Builders in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/190131/002323 on 31 Jan 2019. Possession is promised by 30 Sep 2022. The completion date has moved by 9 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameSV ELEGANT
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/190131/002323
  • ReraGenie IDRG-KA-59290

Builder

  • NameM/s. Venkateshwara Builders
  • Entity typePartnership Firm
  • Authorized SignatoryMr.Vijayakumar.D

Key dates

this monthRegisteredJan 2019First promiseDec 2021Revised toSep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Jan 2019
  • Promised completion30 Sep 2022
  • Revised completionRevised to 30 Sep 2022 (originally 31 Dec 2021)
  • Buildings1 building record
  • Documents filed54 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SV ELEGANT---1080108

The full filing

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

Construction progress by building1

As on 25 Feb 2021, 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)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)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities42

As on 25 Feb 2021, 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 & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes-
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
ELECTRICITY SUPPLY TRANSFORMER AND SUBSTATIONYes-
Electricity supply transformer and substationNoNot applicable
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
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-
GasNoNot applicable
Water and SanitationNoNot applicable
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/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallNoNot applicable
Open parking areas and common storage spacesNoNot applicable
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 area3,757 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 18.00 cr

Extensions applied for1

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

ExtensionDec 2021 → Sep 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
00765/2023-M/s. Venkateshwara Builders17/05/2023

Documents filed54

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/1251/446/PR/190131/002323 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Floor plansFile: Floor plans.pdf25 Feb 2021
Stilt floor planFile: Modified site plan.pdf25 Feb 2021
Quarterly Declaration letterFile: Quarterly report declaration.pdf25 Feb 2021
Quarterly Update is not made due to Covid-19, we will upload the same once modification is approvedFile: 3 Quarterly Update.pdf6 Jan 2021
Clear copy of Modified PlanFile: Modified Plan.pdf6 Jan 2021
Inventory Details with all detailsFile: inventory details.pdf6 Jan 2021
CA CERTIFICATEFile: 1 CA CERTIFICATE.pdf8 Dec 2020
BANK STATEMENTFile: 2 BANK STATEMENT.pdf8 Dec 2020
QUARTERLY UPDATEFile: 3 Quarterly Update.pdf8 Dec 2020
KHATHAFile: 3. Katha & Extract New No.439.pdf8 Dec 2020
SALE DEED FOR SY NO 2/7File: SALE DEED 2-7.pdf8 Dec 2020
EC CERTIFICATE SY NO 2/7,2/1File: EC SY NO 2-1.pdf8 Dec 2020
JDA SY NO 2/7File: JDA SY NO 2-7.pdf8 Dec 2020
AMALGAMATION DEEDFile: AMALGAMATION DEED.pdf8 Dec 2020
BWSSB NOCFile: BWSSB.pdf8 Dec 2020
CLARIFICATION FOR INCREASING UNITSFile: Clarification for Increase in Units.pdf8 Dec 2020
CONVERSION ORDER SY NO 2/7File: CONVERSION ORDER.pdf8 Dec 2020
INVENTORY DETAILSFile: inventory details.pdf8 Dec 2020
KSPCB NOCFile: KSPCB NOC.pdf8 Dec 2020
MODIFICATION OF PLANFile: MODIFIED PLAN AREA DETAILS.pdf8 Dec 2020
REGISTYERED PROJECT DETAILSFile: Registered Project Details.pdf8 Dec 2020
SUBMISSION DATE FOR MODIFICATIONFile: submission for modification.pdf8 Dec 2020
CA CERTIFICATE, MODIFIED PLAN AND DEVELOPMENT DETAILS.File: SV ELEGANT.pdf22 Oct 2020
CertificateFile: Comp.jpg-
Modified plan details site plan, floor plans, Plan Licence LetterFile: Modified LICENSE.pdf-
Elevation, Sections, Specifications ( If changes are there )File: sv modified plan.pdf-
List Of AllotteesFile: LIST OF ALLOTTEES20201008_12172319.pdf-
List Of ComplaintsFile: LIST OF COMPLAINTS20201008_12135019.pdf-
Consent LetterFile: CONSENT LETTER NA20201007_17061441.pdf-
List Of Pending LitigationsFile: LIST OF LITIGATIONS20201008_12101678.pdf-
Chartered Accountant CertificateFile: CA CERTIFICATE NEW MODIFICATION PLAN20201022_13185902.pdf-
Notarized AffidavitFile: affidavit cum declaration20201008_10171860.pdf-
Engineer CertificateFile: ENGINEER CERTIFICATE.pdf-
Architect CertificateFile: ARCHITECT CERTIFICATE.pdf-
Structural Engineer Certificate for stability of structureFile: ENGINEER CERTIFICATE.pdf-
Modification of Plan DetailsFile: Plan-SV Elegant.pdf-
Modification of Plan DetailsFile: sv modified plan.pdf-
Modification of Plan DetailsFile: SV ELEGANT CC.pdf-
Modification of Plan DetailsFile: SV ELEGANT CC.pdf-
Modification of Plan DetailsFile: TOTAL UNITS SOLD AND UNSOLD UNITS DETAILS20201008_12360318.pdf-
Modification of Plan DetailsFile: TOTAL UNITS SOLD AND UNSOLD UNITS DETAILS20201008_12360318.pdf-
SD-
Plan-SV Elegant-
Spec-
EC-
Notarized_Affidavit-
Katha-
JD-
RTC-
Conv-SV-
Tower Excel SheetFile: PRMKARERA1251446PR190131002323.xlsx-
Change in inventory/specification detailsFile: MODIFIED PLAN SANCTION.pdf-
Occupancy CertificateFile: 03 08 21 OC SV ELEGANT.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: AFFIDAVIT FOR COMPLETION.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 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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Builder: M/s. Venkateshwara Builders

M/s. Venkateshwara Builders has 1 registration on RERA Karnataka, including SV ELEGANT. 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 SV ELEGANT is delayed beyond 30 Sep 2022?

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 SV ELEGANT?

The registered promoter entity is M/s. Venkateshwara Builders, 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 SV ELEGANT?

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.

How do I read the complaint cases filed against SV ELEGANT?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

What should I check before booking in SV ELEGANT?

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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