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SVASA HOMES
By Stumpp Schuele and Somappa Private Limited
RG-KA-30827 · RERA PRM/KA/RERA/1251/310/PR/171015/000215
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 8 months
- 1 extension taken
Clear
- Separate project account declared
Saved.
SVASA HOMES is a Residential/Group Housing project by Stumpp Schuele and Somappa Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171015/000215 on 15 Oct 2017. Possession is promised by 31 Aug 2019. The completion date has moved by 8 months from the original filing.
At a glance
Project
- NameSVASA HOMES
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/310/PR/171015/000215
- ReraGenie IDRG-KA-30827
Builder
- NameStumpp Schuele and Somappa Private Limited
- Entity typeCompany
- CINU31901KA1960PTC001378
- Authorized SignatoryC R Shashidhar
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 Oct 2017
- Promised completion31 Aug 2019
- Revised completionRevised to 31 Aug 2019 (originally 24 Dec 2018)
- BuildingsNot stated in filing
- Documents filed8 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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Gayathri & Namith architects Pvt.Ltd., |
| Engineer | Prasad Consultants (Prc India) |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterothers
Documents filed8
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/171015/000215 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: IC.JPG | - |
| Architect Certificate for Work Completion Schedule till DateFile: Arc certificate - work completed_RERA.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: CE Certificate MachaniAnanda- work completed.pdf | - |
| CA Certificate for Funds UtilizationFile: CA Certificate Funds utilisation.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: Arc certificate - work pending_RERA.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: CE Certificate MachaniAnanda- pending work.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: CA Certificate Funds required.pdf | - |
| AffidavitFile: Form B.pdf | - |
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Builder: Stumpp Schuele and Somappa Private Limited
Stumpp Schuele and Somappa Private Limited has 1 registration on RERA Karnataka, including SVASA HOMES. 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 SVASA HOMES is delayed beyond 31 Aug 2019?
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 SVASA HOMES?
The registered promoter entity is Stumpp Schuele and Somappa Private Limited, a company as per the filing. Its CIN U31901KA1960PTC001378 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 SVASA HOMES?
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 SVASA HOMES?
The professionals named in the filing: Architect: Gayathri & Namith architects Pvt.Ltd.,; Engineer: Prasad Consultants (Prc India). 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 SVASA HOMES?
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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