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VARAD
By SATYAM BUILDERS & DEVELOPERS
RG-KA-56874 · RERA PRM/KA/RERA/1251/310/PR/280324/006731 · Last updated on RERA Karnataka portal: 10 Oct 2026
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.
VARAD is a Residential/Group Housing project by SATYAM BUILDERS & DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/280324/006731 on 28 Mar 2024. Possession is promised by 31 Dec 2027. 35 of the 91 units on this registration are recorded sold or booked, and 5 of 17 construction stages are filed complete.
At a glance
Project
- NameVARAD
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- 560100
- Pincode560100
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/310/PR/280324/006731
- ReraGenie IDRG-KA-56874
Builder
- NameSATYAM BUILDERS & DEVELOPERS
- Entity typePartnership Firm
- GSTIN29AEIFS7335C1ZU
- Authorized SignatoryPrasanna Kumar Mahajan
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on28 Mar 2024
- Promised completion31 Dec 2027
- Revised completionNone
- Buildings2 building records
- Documents filed156 files
Current status
Figures as on 10 Oct 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Block - 1 | - | - | - | 28 | 0 | 28 |
| Block No.2 | - | - | - | 63 | 0 | 63 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 10 Oct 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
5 of 17 construction stages are filed complete. The stage furthest along is Masonry Construction, at 85%.
Building: 80% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 100% |
| Upto Plinth Level | 100% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 100% |
| Retaining wall (All types) | 80% |
| RCC or MS Framed structure | 100% |
| Masonry Construction | 85% |
| Plastering inside , outside & Ceiling | 70% |
| Joinery: Doors, Windows, Ventilators etc | 70% |
| Basic work of Water supply, Sanitary and Electrification | 80% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 60% |
| Railing and Grill fixing | 70% |
| Electrification, Water supply and Sanitary Finishing | 70% |
| Painting | 70% |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | 70% |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | 70% |
| Internal and External work including landscapes as per sanctioned drawings | 70% |
Progress on shared amenities40
As on 10 Oct 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 80% |
| Sewage and Drainage System | Yes | 80% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 80% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | Yes | 0% |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | Yes | 70% |
| Electricity supply transformer and substation | Yes | 100% |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | 100% |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | 80% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 0% |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | 0% |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | 80% |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 100% |
| Lifts | Yes | 50% |
| Corridor/Lobbies | Yes | 70% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | 80% |
| Basement | Yes | 100% |
| Terrace | Yes | 80% |
| Outer Wall | Yes | 80% |
| Open parking areas | Yes | 80% |
| Provision for lodging of management staff and security staff | Yes | 50% |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership1
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 |
|---|---|---|
| M.SHANKARAPPA | - | - |
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 20.00 cr | Rs 67.48 lakh |
| On-site expenditure-Salaries of workers | Rs 1.00 cr | Rs 8.85 lakh |
| Payment of taxes | Rs 1.00 cr | Rs 7.77 lakh |
| Payment of fees | Rs 1.00 cr | - |
| Principal sum and interest payable to financial institutions-Scheduled Banks | Rs 1.00 cr | Rs 68.67 lakh |
| On-site expenditure-Consultants Fees | Rs 50.00 lakh | - |
| On-site expenditure-Site Overhead | Rs 50.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 50.00 lakh | - |
| Payment of cess | Rs 50.00 lakh | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | A.RAVI BABU |
| Engineer | Anshuman Chandrashekar Bhide |
| Chartered Accountant | Sanjay Basavaraj Chikkamath |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed156
As listed on the registration, under the names the promoter filed them with; the newest 80 of 156 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/310/PR/280324/006731 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: CA 01-10-2026 Signed Copy.pdf | 10 Oct 2026 |
| Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Architech 01-10-26 SIGNED COPY.pdf | 10 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Engineering 01-10-2026 Signed Copy.pdf | 10 Oct 2026 |
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: CA RERA CERTIFICATE Q1 26-27_compressed.pdf | 11 Jul 2026 |
| Q1 2026-27 Form-5 Certificate issued by ArchitectFile: Architech Rera Certificate Q1 26-27.pdf | 11 Jul 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Engineer Rera Certificate Q1 26-27.pdf | 11 Jul 2026 |
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: RERA CERTIFICATE_signed_compressed.pdf | 15 Apr 2026 |
| Q4 2025-26 Form-5 Certificate issued by ArchitectFile: FORM-5 31-03-26 SIGNED COPY.pdf | 15 Apr 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Engineer certificate.pdf | 15 Apr 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: RERA CA Certificate_Signed.pdf | 3 Feb 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Architecture Certificate Form-5 Dec 25.pdf | 3 Feb 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Satyam Engineers certificate Dec 31-12-25.pdf | 3 Feb 2026 |
| Q3 2025-26 KSPCB- PCB (10 Acres to 125 Acres) | 3 Feb 2026 |
| Q3 2025-26 KPTCL- BESCOM | 3 Feb 2026 |
| Q3 2025-26 Airport Authority of India | 3 Feb 2026 |
| Q3 2025-26 BSNL/Telecommunication Department | 3 Feb 2026 |
| Water supply NOC from CMC HebbagodiFile: cmc water noc.pdf | 23 Feb 2024 |
| Fee receipt for building licence & others paid to CMC HebbagodiFile: Fee receipt paid to CMC Hebbagodi.pdf | 23 Feb 2024 |
| Building Licence from CMC HebbagodiFile: Building Licence from CMC HEBBAGODI.pdf | 23 Feb 2024 |
| EC showing entries in Columns 5 &6File: ECC.pdf | 28 Jan 2024 |
| Letter regarding correction of FARFile: Letter on FAR.pdf | 28 Jan 2024 |
| Latest ECFile: Latest EC.pdf | 2 Jan 2024 |
| Form B attested by the Notary and the Managing Partner of the correctionsFile: Form-B.pdf | 2 Jan 2024 |
| Copy of application made to Karnaaka Ground Water Auhthority for approval for borewellsFile: Application for approval to borewells.pdf | 2 Jan 2024 |
| Application submitted to CMC Hebbagodi for issue of approval of water supplyFile: Letter to CMC Hebbagodi.pdf | 2 Jan 2024 |
| Application to CMC Hebbagodi for issuing building licenceFile: Application for Building Licence.pdf | 2 Jan 2024 |
| Source of funds= Bank StatementFile: Bank statement.pdf | 2 Jan 2024 |
| ECFile: EC-1_EC-2_EC-3_merged.pdf | 4 Dec 2023 |
| Application for building licenceFile: Application for Building Licence.pdf | 4 Dec 2023 |
| Form-BFile: Affidavit-Form-B.pdf | 4 Dec 2023 |
| Bank Statement for initial source of fundsFile: Bank statement.pdf | 4 Dec 2023 |
| Statement of estimated costFile: Estimation of cost Certificate.pdf | 4 Dec 2023 |
| Land CostFile: Land Cost.pdf | 4 Dec 2023 |
| Proforma Allotment LetterFile: PROFORMA LETTER (1).pdf | 4 Dec 2023 |
| STP CertificateFile: STP Certificate_compressed (1).pdf | 4 Dec 2023 |
| Water supply approvalFile: Water supply-CMC Hebbagodi.pdf | 4 Dec 2023 |
| CA CertificateFile: CA Certificate.pdf | 4 Dec 2023 |
| Three year financial statements of partners -Prasanna Kumar MahajanFile: Mahajan-3 year Financials_compressed.pdf | 14 Nov 2023 |
| Three year financial statement of Partners-MadhukarFile: Madhukar-20=21_merged_compressed.pdf | 14 Nov 2023 |
| Three year financial statement-AshokFile: Ashok-20-21_merged_compressed.pdf | 14 Nov 2023 |
| Three year financial statement-ChandrakanthFile: Chandrakanth-Financials.pdf | 14 Nov 2023 |
| Three financial statement-BalasahebFile: Balasaheb-merged IT.pdf | 14 Nov 2023 |
| Source of funds (Uploeaded in the application form)File: Source of funds.pdf | 14 Nov 2023 |
| CA Certificate showing cost details (Alaready uploaded in the application form)File: CA CERTIFICATE.pdf | 14 Nov 2023 |
| EC in pdf format (already uploaded in the Application form)File: ECs.pdf | 14 Nov 2023 |
| Conversion Order (already uploaded in the Application form)File: Convesion Order.pdf | 14 Nov 2023 |
| Affidavit in Form B mentioning the date of completion of the projectFile: Affidavit-B.pdf | 14 Nov 2023 |
| Relinquishment DeedFile: Relinguishment Deed.pdf | 14 Nov 2023 |
| Single Plot LayoutFile: Single Layout Plan and Order.pdf | 14 Nov 2023 |
| Single Plot Layout OrderFile: Single Layout Plan and Order.pdf | 14 Nov 2023 |
| Certified Carpet Area Calculation by the ArchitectFile: CARPET AREA & COMMON AREA CALCULATIONS FOR RERA 10-11-23.pdf | 14 Nov 2023 |
| CDP Map showing the proposed siteFile: CDP PLAN.pdf | 14 Nov 2023 |
| Kammasandra Village MapFile: Village Map.pdf | 14 Nov 2023 |
| Building LicenceFile: Building Licence.pdf | 14 Nov 2023 |
| All sanctioned drawingsFile: Licence Plan-1_merged_compressed.pdf | 14 Nov 2023 |
| Self attested copy of Engineer's Licence (Alaready uploaded in the application)File: Chartered Engineer- Self attested licence.pdf | 14 Nov 2023 |
| Cost of Construction details statement by the PromoterFile: Details of construction cost.pdf | 14 Nov 2023 |
| Estimated cost of construction -Certificate from the EngineerFile: Estimated cost of construction.pdf | 14 Nov 2023 |
| Project Specification certificate from the EngineerFile: Project Specification Certificate.pdf | 14 Nov 2023 |
| Section 3(1) Notarised AffidavitFile: Affidavit cum Declaration.pdf | 14 Nov 2023 |
| Proforma Allotment LetterFile: PROFORMA LETTER.pdf | 14 Nov 2023 |
| Proforma of Agreement for SaleFile: Sale Agreement.pdf | 14 Nov 2023 |
| BSNL NOC-Self AttestedFile: BSNL-NOC.pdf | 14 Nov 2023 |
| Airport Authority of India NOC - Self AttestedFile: AAI-NOC.pdf | 14 Nov 2023 |
| KSPCB NOC - Self attestedFile: KSPCB NOC.pdf | 14 Nov 2023 |
| Fire Force Exemption Gazzette Notification for hight of the building below 21 Mts -File: Exemption from Firce Force Approval.pdf | 14 Nov 2023 |
| STP Design drawing reportFile: STP DESIGN.pdf | 14 Nov 2023 |
| Structural safety certificateFile: Safety standard-Certificate.pdf | 14 Nov 2023 |
| Land Cost CertificateFile: Land Cost.pdf | 14 Nov 2023 |
| BESCOM NOC-Self AttestedFile: Bescom-NOC.pdf | 14 Nov 2023 |
| Amenities and common areas certificateFile: AMENITIES & COMMON AREAS CERTIFICATE.pdf | 14 Nov 2023 |
| RTC, survey 2-3 | - |
| Mutation, survey 2-3 | - |
| Encumbrance Certificate, survey 2-3 | - |
| Conversion/Alienation Order, survey 2-3 | - |
| Sale/Title/Gift Deed, survey 2-3 | - |
| JDA, survey 2-3 | - |
| Khatha, survey 2-3 | - |
| Registration CertificateFile: p-certificate.pdf | - |
| Partnership DeedFile: Partnership agreement.pdf | - |
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Builder: SATYAM BUILDERS & DEVELOPERS
SATYAM BUILDERS & DEVELOPERS has 1 registration on RERA Karnataka, including VARAD. 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 VARAD is delayed beyond 31 Dec 2027?
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 VARAD?
The registered promoter entity is SATYAM BUILDERS & DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29AEIFS7335C1ZU 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 VARAD?
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 VARAD?
The professionals named in the filing: Architect: A.RAVI BABU; Engineer: Anshuman Chandrashekar Bhide; Chartered Accountant: Sanjay Basavaraj Chikkamath. 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 VARAD?
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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