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SVARNA SAMRUDDHI PARADISE
RG-KA-73051 · RERA PRM/KA/RERA/1250/301/PR/010422/004807 · Last updated on RERA Karnataka portal: 4 Feb 2022
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.
SVARNA SAMRUDDHI PARADISE is a Plotted Development project by Svarna Properties in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/301/PR/010422/004807 on 1 Apr 2022. Possession is promised by 31 Dec 2022.
At a glance
Project
- NameSVARNA SAMRUDDHI PARADISE
- TypePlotted Development
- Location
- Doddaballapura
- Bengaluru Rural
- PincodeNot stated
- RERA no.PRM/KA/RERA/1250/301/PR/010422/004807
- ReraGenie IDRG-KA-73051
Builder
- NameSvarna Properties
- Entity typePartnership Firm
- Authorized SignatoryHemanth Kumar M
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on1 Apr 2022
- Promised completion31 Dec 2022
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed106 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership18
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 |
|---|---|---|
| V.Nagaiah | - | - |
| Kiran B.O | - | - |
| G.V.Srinivasa Verma | - | - |
| G.V.Srinivasa Verma | - | - |
| V.Nagaiah | - | - |
| Nagendra | - | - |
| Chandramani | - | - |
| Girijamma | - | - |
| Shilpashree R | - | - |
| Lakshmikanth | - | - |
| Late. L.Narasimhamurthy | - | - |
| Jamuna | - | - |
| Balraj | - | - |
| Yeshwanth | - | - |
| Parthasarathi | - | - |
| Gayathri | - | - |
| Ramraj | - | - |
| Raghunath N | - | - |
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 3.50 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Vishnu Kumar |
| Chartered Accountant | Mahaveer Bhansali |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed106
As listed on the registration, under the names the promoter filed them with; the newest 80 of 106 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/301/PR/010422/004807 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Balance Sheet 18-19 with UDINFile: Balance Sheet 18-19.pdf | 4 Feb 2022 |
| Income and Expenditure 18-19 with UDINFile: Income and Expenditure 18-19.pdf | 4 Feb 2022 |
| Balance Sheet 19-20 with UDINFile: 1 Balance Sheet 19-20.pdf | 4 Feb 2022 |
| Income and Expenditure 19-20 with UDINFile: 2 Income and Expenditure 19-20.pdf | 4 Feb 2022 |
| Balance Sheet 20-21 with UDINFile: Balance Sheet 20-21.pdf | 4 Feb 2022 |
| Income and Expenditure 20-21 with UDINFile: Income and Expenditure 20-21.pdf | 4 Feb 2022 |
| Profile and Loss 20-21 with UDINFile: Profile and Loss 20-21.pdf | 4 Feb 2022 |
| ITR 20-21File: ITR 20-21.pdf | 4 Feb 2022 |
| Bank Account StatementFile: Bank Account Statement.pdf | 4 Feb 2022 |
| Water NOCFile: Water NOC.jpg | 4 Feb 2022 |
| JDA Affidavit NotarisedFile: JDA Affidavit.pdf | 4 Feb 2022 |
| Form B Affidavit NotarisedFile: Form B Affidavit.pdf | 4 Feb 2022 |
| Section 3(1) Affidavit NotarisedFile: Section 3(1) Affidavit.pdf | 4 Feb 2022 |
| Non-Litigation Affidavit NotarisedFile: Non-Litigation Affidavit.pdf | 4 Feb 2022 |
| Form 3 Engineer CertificateFile: Form 3.pdf | 4 Feb 2022 |
| Form 2 Architect CertificateFile: Form 2.pdf | 4 Feb 2022 |
| Form 1 CA CertificateFile: Form 1.pdf | 4 Feb 2022 |
| Septic Tank LocationFile: Septic Tank Demarcation.pdf | 4 Feb 2022 |
| RTC, survey 8/1 | - |
| Mutation, survey 8/1 | - |
| Encumbrance Certificate, survey 8/1 | - |
| Conversion/Alienation Order, survey 8/1 | - |
| Sale/Title/Gift Deed, survey 8/1 | - |
| JDA, survey 8/1 | - |
| Khatha, survey 8/1 | - |
| RTC, survey 8/2 | - |
| Mutation, survey 8/2 | - |
| Encumbrance Certificate, survey 8/2 | - |
| Conversion/Alienation Order, survey 8/2 | - |
| Sale/Title/Gift Deed, survey 8/2 | - |
| JDA, survey 8/2 | - |
| Khatha, survey 8/2 | - |
| RTC, survey 8/3 | - |
| Mutation, survey 8/3 | - |
| Encumbrance Certificate, survey 8/3 | - |
| Conversion/Alienation Order, survey 8/3 | - |
| Sale/Title/Gift Deed, survey 8/3 | - |
| JDA, survey 8/3 | - |
| Khatha, survey 8/3 | - |
| RTC, survey 9/3 | - |
| Mutation, survey 9/3 | - |
| Encumbrance Certificate, survey 9/3 | - |
| Conversion/Alienation Order, survey 9/3 | - |
| Sale/Title/Gift Deed, survey 9/3 | - |
| JDA, survey 9/3 | - |
| Khatha, survey 9/3 | - |
| RTC, survey 9/4 | - |
| Mutation, survey 9/4 | - |
| Encumbrance Certificate, survey 9/4 | - |
| Conversion/Alienation Order, survey 9/4 | - |
| Sale/Title/Gift Deed, survey 9/4 | - |
| JDA, survey 9/4 | - |
| Khatha, survey 9/4 | - |
| RTC, survey 8/2 | - |
| Mutation, survey 8/2 | - |
| Encumbrance Certificate, survey 8/2 | - |
| Conversion/Alienation Order, survey 8/2 | - |
| JDA, survey 8/2 | - |
| Khatha, survey 8/2 | - |
| Registration CertificateFile: Company Incorporation Certificate.pdf | - |
| Partnership DeedFile: Partnership Deed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form 1.pdf | - |
| Certificate issued by Engineer Form 3File: Form 2.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Non-Litigation Affidavit.pdf | - |
| Certificate issued by ArchitectFile: Form 3.pdf | - |
| Balance Sheet 2020 - 2021File: Balance sheet 2020-21.pdf | - |
| Balance Sheet 2019 - 2020File: Balance Sheet 2019-20.pdf | - |
| Balance Sheet 2018 - 2019File: Balance Sheet 2018-19.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Profit and Loss 2020-21.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Profit and Loss 2019-20.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Profit and Loss 2018-19.pdf | - |
| Cash Flow Statement 2020 - 2021File: Comutation of Income 2020-21.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: IRT 2020-21.pdf | - |
| Sanction letter | - |
| NOC-BESCOM | - |
| Water NOC (3) | - |
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Builder: Svarna Properties
Svarna Properties has 1 registration on RERA Karnataka, including SVARNA SAMRUDDHI PARADISE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if SVARNA SAMRUDDHI PARADISE is delayed beyond 31 Dec 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 SVARNA SAMRUDDHI PARADISE?
The registered promoter entity is Svarna Properties, 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 SVARNA SAMRUDDHI PARADISE?
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 SVARNA SAMRUDDHI PARADISE?
The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: Mahaveer Bhansali. 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 SVARNA SAMRUDDHI PARADISE?
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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