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Registration approved No litigation declared Plotted Development project

VASANTH NAGAR

By S M R DEVELOPERS

RG-KA-14827 · RERA PRM/KA/RERA/1248/469/PR/290422/004854 · Last updated on RERA Karnataka portal: 9 Apr 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
Jan 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 76 documents Report an error

VASANTH NAGAR is a Plotted Development project by S M R DEVELOPERS in Ballari, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/469/PR/290422/004854 on 29 Apr 2022. Possession is promised by 31 Jan 2024.

At a glance

Project

  • NameVASANTH NAGAR
  • TypePlotted Development
  • Location
    • Ballari
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1248/469/PR/290422/004854
  • ReraGenie IDRG-KA-14827

Builder

  • NameS M R DEVELOPERS
  • Entity typeProprietorship Firm
  • Authorized SignatoryKorrapati Mallikarjuna

Key dates

this monthRegisteredApr 2022PromisedJan 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Apr 2022
  • Promised completion31 Jan 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed76 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

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.

Named landowners1
LandownerVillageDistrict
Korrapati Mallikarjuna--

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 2.03 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 2.03 cr-

Certifying professionals and partners2

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

RoleName
EngineerVishnu Kumar
Chartered AccountantCA SIDDARAMESHWARA GOWDA A

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed76

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/1248/469/PR/290422/004854 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CLU ClarificationFile: CLU Clarification.pdf9 Apr 2022
Non production of completion certificateFile: Non production of completion certificate.pdf9 Apr 2022
Clarification on Location and Demarcation PlanFile: Clarification on Location and Demarcation Plan.pdf9 Apr 2022
Clarification on Water Supply Fee ReceiptFile: Clarification on Water Supply Fee Receipt.pdf9 Apr 2022
Clarification on Relinquishment DeedFile: Clarification on Relinquishment Deed.pdf9 Apr 2022
Clarification on GESCOM Fee receiptFile: Clarification on GESCOM Fee receipt.pdf9 Apr 2022
Septic Tank and UGD DemarcationFile: Septic Tank and UGD Demarcation.pdf9 Apr 2022
Chartered accountant certificateFile: Form 1 Signed.pdf19 Mar 2022
Bank account detailsFile: Rera Account.pdf19 Mar 2022
Clarification on Relinquishment deed for Road and ParkFile: BUDA circular.pdf19 Mar 2022
Horticulture NOCFile: Horticuliture NOC.pdf19 Mar 2022
Change of land Use / Certified Extract of Master PlanFile: master sketch of UDP.pdf19 Mar 2022
Engineer CertificateFile: Form 3 Vasanth Nagar.pdf19 Mar 2022
Fees Paid for Water supply NOCFile: Water NOC KUWS DD.pdf19 Mar 2022
Fees Paid for Power Supply NOCFile: GESCOM DD.pdf19 Mar 2022
Septic Tank LayoutFile: septic tank layout.pdf19 Mar 2022
Water NOCFile: water NOC.pdf19 Mar 2022
Architect CertificateFile: Form 2 Vasanthnagar New.pdf19 Mar 2022
RTC, survey 1098/*/2-
Mutation, survey 1098/*/2-
Encumbrance Certificate, survey 1098/*/2-
Conversion/Alienation Order, survey 1098/*/2-
Sale/Title/Gift Deed, survey 1098/*/2-
Khatha, survey 1098/*/2-
Registration CertificateFile: Trade License.pdf-
Certificate issued by CA Form 1File: Form 1 Signed.pdf-
Certificate issued by Engineer Form 3File: Form 2 Vasanthnagar New.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non-Litigation Affidavit.pdf-
Certificate from Chartered AccountFile: Form 1 Signed.pdf-
Certificate issued by ArchitectFile: Form 3 Vasanth Nagar.pdf-
Balance Sheet 2020 - 2021File: Balancesheet 20-21.pdf-
Balance Sheet 2018 - 2019File: Balancesheet 18-19.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Profit & Loss 20-21.pdf-
Audited Profit and Loss Statement 2019 - 2020File: PandLBalancesheet19-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: ProfitandLoss 18-19.pdf-
Cash Flow Statement 2020 - 2021File: Statement of Income 20-21.pdf-
Cash Flow Statement 2019 - 2020File: Statement of Income 19-20.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: ITR 20-21.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2018-19.pdf-
Sanction Letter_c-
Gescom NOC-
KUWS NOC-
Approved Plan-
Approved Plan-
Approved Plan-
Project Specifications-
Project Specifications-
Title Deed-
AGREEMENT OF SALE-
Allotment Letter-
Form B Affidavit-
Section 3(1) Affidavit-
Gescom NOC-
KUWS NOC-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Relinquishment Deed-
Subregistion valuation rate-
CLARIFICATION ABT SOLD & UNSOLD UNITS-
Plot Excel SheetFile: VASANTH NAGAR.xlsx-

How this compares with Ballari

2%of Ballari projects moved their completion datethis one has not
0%of Ballari registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Ballari projects on ReraGenie, from their own filings.

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Builder: S M R DEVELOPERS

S M R DEVELOPERS has 1 registration on RERA Karnataka, including VASANTH NAGAR. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Ballari district page.

Frequently asked questions

What are my rights if VASANTH NAGAR is delayed beyond 31 Jan 2024?

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 VASANTH NAGAR?

The registered promoter entity is S M R DEVELOPERS, a proprietorship 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 VASANTH NAGAR?

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 VASANTH NAGAR?

The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: CA SIDDARAMESHWARA GOWDA A. 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 VASANTH NAGAR?

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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