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THE RETREAT PHASE 2
By Sri Satya Sai Constructions
RG-KA-88177 · RERA PRM/KA/RERA/1250/303/PR/300322/004793 · Last updated on RERA Karnataka portal: 16 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.
THE RETREAT PHASE 2 is a Plotted Development project by Sri Satya Sai Constructions in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/300322/004793 on 30 Mar 2022. Possession is promised by 30 Dec 2020.
At a glance
Project
- NameTHE RETREAT PHASE 2
- TypePlotted Development
- Location
- Devanahalli
- Bengaluru Rural
- 562157
- Pincode562157
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1250/303/PR/300322/004793
- ReraGenie IDRG-KA-88177
Builder
- NameSri Satya Sai Constructions
- Entity typePartnership Firm
- GSTIN29ABCFS1665C1Z9
- Authorized SignatoryMr.PRAKASH CHALLA
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on30 Mar 2022
- Promised completion30 Dec 2020
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed162 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership11
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 |
|---|---|---|
| Maddipatla Venkata Srinivasu | - | - |
| E.Bhaskar Rao | - | - |
| E.Bhaskar Rao | - | - |
| Maddipatla Venkata Srinivasu | - | - |
| Maddipatla Venkata Srinivasu | - | - |
| Sri Satya Sai Constructions | - | - |
| E.Bhaskar Rao | - | - |
| E.Bhaskar Rao | - | - |
| E.Bhaskar Rao | - | - |
| E.Bhaskar Rao | - | - |
| E.Bhaskar Rao | - | - |
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 1.53 cr | - |
| Other Costs | Rs 1.38 cr | - |
| On-site expenditure-Salaries of workers | Rs 76.49 lakh | - |
| Principal sum and interest payable to financial institutions-Scheduled Banks | Rs 75.44 lakh | - |
| Payment of fees | Rs 42.67 lakh | - |
| On-site expenditure-Site Overhead | Rs 33.88 lakh | - |
| Payment of charges | Rs 23.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 14.12 lakh | - |
| Payment of taxes | Rs 6.87 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Syed Adnan Khader |
| Chartered Accountant | DINESH VITTAL NAYAK |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed162
As listed on the registration, under the names the promoter filed them with; the newest 80 of 162 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/303/PR/300322/004793 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| percent Release dt April 2011File: 60 percent Release dt April 2011.pdf | 16 Feb 2022 |
| percent Release dt Nov 2020File: 100 percent Release dt Nov 2020.pdf | 16 Feb 2022 |
| Prov Plan Sanction dt 28 feb 2019File: Prov Plan Sanction dt 28 feb 2019.pdf | 16 Feb 2022 |
| % release order - Nov 2020File: 100 percent Release dt Nov 2020.pdf | 11 Feb 2022 |
| % release order during April 2011File: 60 percent Release dt April 2011.pdf | 11 Feb 2022 |
| Sold and Unsold units with Site DetailsFile: Declaration Sold units.pdf | 11 Feb 2022 |
| Plan Demarcation with showing all Plan with STP, Septic Tank, Sewerlane, SoakpitFile: Plan Demarcation.pdf | 11 Feb 2022 |
| Development details with Size of the PlotsFile: Development Details.pdf | 11 Feb 2022 |
| Covering letter with ReplyFile: Covering letter with Reply.pdf | 29 Jan 2022 |
| Partnership Firm Reg CertificaeFile: 1 Partnership Firm Reg Certificae_.pdf | 29 Jan 2022 |
| 2. Bal Sheet, PL with UDINoFile: 2 Bal Sheet PL with UDINo.pdf | 29 Jan 2022 |
| SY NO 55-1 - OM - BHASKARFile: 3 SY NO 55-1 - OM - BHASKAR.pdf | 29 Jan 2022 |
| sale deed IndrammaFile: 4 sale deed Indramma.pdf | 29 Jan 2022 |
| SY NO 55 1 EBR -SDFile: 4 SY NO 55 1 EBR -SD.pdf | 29 Jan 2022 |
| SY NO 121 2 EBR - SDFile: 4 SY NO 121 2 EBR - SD.pdf | 29 Jan 2022 |
| SY NO 122 1 EBR - SDFile: 4 SY NO 122 1 EBR - SD.pdf | 29 Jan 2022 |
| SY NO 122 2 EBR - SDFile: 4 SY NO 122 2 EBR - SD.pdf | 29 Jan 2022 |
| SY NO 122 3 EBR - SDFile: 4 SY NO 122 3 EBR - SD.pdf | 29 Jan 2022 |
| SY NO 122 5 EBR - SDFile: 4 SY NO 122 5 EBR - SD.pdf | 29 Jan 2022 |
| SY NO 122 6 EBR - SDFile: 4 SY NO 122 6 EBR - SD.pdf | 29 Jan 2022 |
| SY NO 55 1 MVS - SDFile: 4 SY NO 55 1 MVS - SD.pdf | 29 Jan 2022 |
| SY NO 121 1 MVS - SDFile: 4 SY NO 121 1 MVS - SD.pdf | 29 Jan 2022 |
| SY NO 121 3 MVS - SDFile: 4 SY NO 121 3 MVS - SD.pdf | 29 Jan 2022 |
| Affidavit NO LITTIGATIONFile: 5 Affidavit NO LITTIGATION.pdf | 29 Jan 2022 |
| MR 121 2 ALL SY NOFile: MR 121 2 ALL SY NO.pdf | 29 Jan 2022 |
| Relinquishment DeedFile: Relinquishment Deed.pdf | 29 Jan 2022 |
| Site release order BIAPPAFile: 8 Site release order BIAPPA.pdf | 29 Jan 2022 |
| Area statement and Development DetailsFile: 9 Area statement and Development Details.pdf | 29 Jan 2022 |
| 10Estimated cost of the ProjectFile: Estimated cost of the Project.pdf | 29 Jan 2022 |
| Final Release orderFile: 8 Site release order BIAPPA.pdf | 29 Jan 2022 |
| Water NOCFile: Water NOC.jpg | 29 Jan 2022 |
| BESCOM SERVICE CERTIFICATEFile: 13 BESCOM SERVICE CERTIFICATE.pdf | 29 Jan 2022 |
| Affidavit 3(1)File: 14 Affidavit 3(1).pdf | 29 Jan 2022 |
| Declaration_Sold_UnsoldFile: Declaration_Sold_Unsold.pdf | 29 Jan 2022 |
| Plan with STP, Septic Tank, Sewerlane, SoakpitFile: Plan with STP, Septic Tank, Sewerlane, Soakpit.pdf | 29 Jan 2022 |
| Proforma Allotment letterFile: 17 Proforma Allotment letter.pdf | 29 Jan 2022 |
| Project BroucherFile: 17 Project Broucher.pdf | 29 Jan 2022 |
| FormB-AffidavitFile: FormB-Affidavit.pdf | 29 Jan 2022 |
| JointDeclaration-280122File: JointDeclaration-280122.pdf | 29 Jan 2022 |
| RTC, survey 55/1 | - |
| Mutation, survey 55/1 | - |
| Encumbrance Certificate, survey 55/1 | - |
| Conversion/Alienation Order, survey 55/1 | - |
| JDA, survey 55/1 | - |
| Khatha, survey 55/1 | - |
| RTC, survey 55/1 | - |
| Mutation, survey 55/1 | - |
| Encumbrance Certificate, survey 55/1 | - |
| JDA, survey 55/1 | - |
| Khatha, survey 55/1 | - |
| RTC, survey 121/2 | - |
| Mutation, survey 121/2 | - |
| Encumbrance Certificate, survey 121/2 | - |
| Conversion/Alienation Order, survey 121/2 | - |
| JDA, survey 121/2 | - |
| Khatha, survey 121/2 | - |
| RTC, survey 121/1 | - |
| Mutation, survey 121/1 | - |
| Conversion/Alienation Order, survey 121/1 | - |
| JDA, survey 121/1 | - |
| RTC, survey 121/3 | - |
| Mutation, survey 121/3 | - |
| Encumbrance Certificate, survey 121/3 | - |
| Conversion/Alienation Order, survey 121/3 | - |
| JDA, survey 121/3 | - |
| RTC, survey 121/4 | - |
| Mutation, survey 121/4 | - |
| Encumbrance Certificate, survey 121/4 | - |
| Conversion/Alienation Order, survey 121/4 | - |
| Sale/Title/Gift Deed, survey 121/4 | - |
| RTC, survey 122/2 | - |
| Mutation, survey 122/2 | - |
| Encumbrance Certificate, survey 122/2 | - |
| Conversion/Alienation Order, survey 122/2 | - |
| JDA, survey 122/2 | - |
| RTC, survey 122/1 | - |
| Mutation, survey 122/1 | - |
| Encumbrance Certificate, survey 122/1 | - |
| Conversion/Alienation Order, survey 122/1 | - |
| JDA, survey 122/1 | - |
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Builder: Sri Satya Sai Constructions
Sri Satya Sai Constructions has 1 registration on RERA Karnataka, including THE RETREAT PHASE 2. 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 THE RETREAT PHASE 2 is delayed beyond 30 Dec 2020?
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 THE RETREAT PHASE 2?
The registered promoter entity is Sri Satya Sai Constructions, a partnership firm as per the filing. Its GSTIN 29ABCFS1665C1Z9 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 THE RETREAT PHASE 2?
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 THE RETREAT PHASE 2?
The professionals named in the filing: Engineer: Syed Adnan Khader; Chartered Accountant: DINESH VITTAL NAYAK. 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 THE RETREAT PHASE 2?
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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