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Registration approved Residential/Group Housing project

SVS TIARA

By svs promoters and Developers

RG-KA-81359 · RERA PRM/KA/RERA/1251/446/PR/180519/001759

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
Aug 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 38 documents Report an error

SVS TIARA is a Residential/Group Housing project by svs promoters and Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180519/001759 on 19 May 2018. Possession is promised by 10 Aug 2018.

At a glance

Project

  • NameSVS TIARA
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180519/001759
  • ReraGenie IDRG-KA-81359

Builder

  • Namesvs promoters and Developers
  • Entity typeCompany
  • Authorized SignatoryBALAKRISHNA M

Key dates

this monthRegisteredMay 2018PromisedAug 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 May 2018
  • Promised completion10 Aug 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed38 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 area901 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 2.70 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed38

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/180519/001759 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Esablishment Certificate.PDF-
ComCertificate-
Plan-
Plan-
Proforma Sale Deed-
Proforma Sale Agreement-
Sale Deed-
Plan-
Plan-
Proforma letter-
Brochure-
Project Details-
EC-
Khata-
JDA-
Conversion Order-
Land Use-
Plan-
Plan-
Land Use-
Balance Sheet 2016 - 2017File: Balance Sheet 2016-17.PDF-
Balance Sheet 2015 - 2016File: Balance Sheet 2015-16.PDF-
Balance Sheet 2014 - 2015File: Balance Sheet 2014-15.PDF-
Audited Profit and Loss Statement 2016 - 2017File: Balance Sheet 2016-17.PDF-
Audited Profit and Loss Statement 2015 - 2016File: Balance Sheet 2015-16.PDF-
Audited Profit and Loss Statement 2014 - 2015File: Balance Sheet 2014-15.PDF-
Director's Report 2016 - 2017File: Director Reports.PDF-
Director's Report 2015 - 2016File: Director Reports.PDF-
Director's Report 2014 - 2015File: Director Reports.PDF-
Cash Flow Statement 2016 - 2017File: Cash Flow.PDF-
Cash Flow Statement 2015 - 2016File: Cash Flow.PDF-
Auditor's Report 2016 - 2017File: Audit Report.PDF-
Auditor's Report 2015 - 2016File: Audit Report.PDF-
Auditor's Report 2014 - 2015File: Audit Report.PDF-
Income Tax Return Acknowledgement 2016 - 2017File: Balance Sheet 2016-17.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: Balance Sheet 2015-16.PDF-
Income Tax Return Acknowledgement 2014 - 2015File: Balance Sheet 2014-15.PDF-
Affidavit-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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: svs promoters and Developers

svs promoters and Developers has 1 registration on RERA Karnataka, including SVS TIARA. 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 SVS TIARA is delayed beyond 10 Aug 2018?

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 SVS TIARA?

The registered promoter entity is svs promoters and Developers, a company 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 SVS TIARA?

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 SVS TIARA?

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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