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Registration approved Residential/Group Housing project

TEJITH ELEGANT

By JAISHITHA SRI BUILDERS AND DEVELOPERS

RG-KA-14593 · RERA PRM/KA/RERA/1251/446/PR/200211/003259 · Last updated on RERA Karnataka portal: 6 Jan 2021

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 15 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2021Possession promisedmoved 15 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 61 documents Report an error

TEJITH ELEGANT is a Residential/Group Housing project by JAISHITHA SRI BUILDERS AND DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/200211/003259 on 11 Feb 2020. Possession is promised by 29 Jun 2021. The completion date has moved by 15 months from the original filing.

At a glance

Project

  • NameTEJITH ELEGANT
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/200211/003259
  • ReraGenie IDRG-KA-14593

Builder

  • NameJAISHITHA SRI BUILDERS AND DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryAKISETTYSAI PRAVEEN
  • OthersUPPARA NAGARAJU

Key dates

this monthRegisteredFeb 2020First promiseMar 2020Revised toJun 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on11 Feb 2020
  • Promised completion29 Jun 2021
  • Revised completionRevised to 29 Jun 2021 (originally 31 Mar 2020)
  • BuildingsNot stated in filing
  • Documents filed61 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 area961 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 4.50 cr

Certifying professionals and partners1

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
Engineerveena creative scales

Extensions applied for2

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

ExtensionMar 2020 → Sep 2020

No reason recorded in the filing

EX/PRM/KA/RERA/1251/446/PR/220712/003259Sep 2020 → Jun 2021

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed61

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/200211/003259 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Due to Covid-19 QU is not made, after the extension the same will be uploadedFile: Covid Certificate.pdf6 Jan 2021
Bank Account StatementFile: Bank Statement.txt6 Jan 2021
Extension Certificate from 31.03.2019 to 30.09.2020File: Covid Certificate.pdf6 Jan 2021
Commencement CertificateFile: CC.pdf6 Jan 2021
Affidavit Under Section 18 (1)File: Affidavit.pdf6 Jan 2021
FINANCIAL OF JISHITHA SRI BUILDERS AND DEVELOPERSFile: Signed Financials.pdf30 Jan 2020
FINANCIALS OF THE PROMOTERFile: financial IT return & Computation20200127_12062067.pdf27 Jan 2020
New firm first project no financials.File: rera letter20200107_12575087.pdf7 Jan 2020
APPROVED PLANFile: APPROVED PLAN.PDF17 Dec 2019
CertificateFile: ROF Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: arc certificate 1.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: eng certificate 1.pdf-
CA Certificate for Funds UtilizationFile: CA Certificate 1.pdf-
Architect Certificate for Pending Work Completion Schedule.File: arc certificate 2.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: eng certificate 2.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Certificate 2.pdf-
AffidavitFile: Affidavit.pdf-
Latest Encumbrance CertificateFile: EC.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Reason for Delay.pdf-
license-
SAI PLAN (2)-
NOT APLICABLE-
NOT APLICABLE-
EC (2)-
Sale deed-
SAI PLAN (2)-
NOT APLICABLE-
NOT APLICABLE-
NOT APLICABLE-
NOT APLICABLE-
EC-
SAI AFFIDAVIT-
JOINT AFFIDIVIT CUM DECLARTION-
KATHA20190507_15311448-
JOINT DEVELOPEMENT AGREMENT-
Epson105-
NOT APLICABLE-
NOT APLICABLE-
NOT APLICABLE-
NOT APLICABLE-
SAI PLAN (2)-
CONVERTION CERTIFICATE-
Balance Sheet 2017 - 2018File: NOT APLICABLE.pdf-
Balance Sheet 2016 - 2017File: NOT APLICABLE.pdf-
Balance Sheet 2015 - 2016File: NOT APLICABLE.pdf-
Audited Profit and Loss Statement 2017 - 2018File: NOT APLICABLE.pdf-
Audited Profit and Loss Statement 2016 - 2017File: NOT APLICABLE.pdf-
Audited Profit and Loss Statement 2015 - 2016File: NOT APLICABLE.pdf-
Director's Report 2017 - 2018File: NOT APLICABLE.pdf-
Director's Report 2016 - 2017File: NOT APLICABLE.pdf-
Director's Report 2015 - 2016File: NOT APLICABLE.pdf-
Cash Flow Statement 2017 - 2018File: NOT APLICABLE.pdf-
Cash Flow Statement 2016 - 2017File: NOT APLICABLE.pdf-
Auditor's Report 2017 - 2018File: NOT APLICABLE.pdf-
Auditor's Report 2016 - 2017File: NOT APLICABLE.pdf-
Auditor's Report 2015 - 2016File: NOT APLICABLE.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: NOT APLICABLE.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: NOT APLICABLE.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: NOT APLICABLE.pdf-
form 3b noto rised (1)-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 15 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: JAISHITHA SRI BUILDERS AND DEVELOPERS

JAISHITHA SRI BUILDERS AND DEVELOPERS has 1 registration on RERA Karnataka, including TEJITH 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 TEJITH ELEGANT is delayed beyond 29 Jun 2021?

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 TEJITH ELEGANT?

The registered promoter entity is JAISHITHA SRI BUILDERS AND DEVELOPERS, 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 TEJITH 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.

Who certifies construction progress at TEJITH ELEGANT?

The professionals named in the filing: Engineer: veena creative scales. 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 TEJITH 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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About TEJITH ELEGANT. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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