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Registration approved Plotted Development project

VIDYA GIRI

By Sri Srinivasa Developers

RG-KA-38634 · RERA PRM/KA/RERA/1248/440/PR/201021/003656 · Last updated on RERA Karnataka portal: 16 Oct 2020

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
Jun 2021Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 67 documents Report an error

VIDYA GIRI is a Plotted Development project by Sri Srinivasa Developers in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/440/PR/201021/003656 on 21 Oct 2020. Possession is promised by 30 Jun 2021.

At a glance

Project

  • NameVIDYA GIRI
  • TypePlotted Development
  • Location
    • Hospet
    • Vijayanagara
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1248/440/PR/201021/003656
  • ReraGenie IDRG-KA-38634

Builder

  • NameSri Srinivasa Developers
  • Entity typePartnership Firm
  • Authorized SignatoryVirupaksha M Biradar
  • Board MemberY Sriniva Rao
  • Other registrations1 more →

Key dates

this monthRegisteredOct 2020PromisedJun 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on21 Oct 2020
  • Promised completion30 Jun 2021
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed67 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.

Land area24,282 sq m
Named landowners1
LandownerVillageDistrict
Sri srinivasa Developers--

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 2.34 cr

Certifying professionals and partners2

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

RoleName
ArchitectSrimathi Adiga
EngineerBharathi Hiremath

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed67

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/1248/440/PR/201021/003656 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Relequishment Deed Part 01File: RELINGQUISHMENT DEED PART 01.pdf16 Oct 2020
Relinguishment Deed Part 02File: RELINGQUISHMENT DEED PART 02.pdf16 Oct 2020
Bank statementFile: ACCOUNT STATMENT.pdf16 Oct 2020
CertificateFile: COMPANY INCORPORATION CERTIFICATE.pdf-
Initial approval letter-
Approved plan-
approval letter plan and specifications-
SALE DEED-
Approved plan-
Approved plan-
SPECIFICATION-
EC-
Sec 3(1) Non violation Affidavit-
RTC MR-
PARTNERSHIP DEED AND AUTHORISATION LETTER-
Conversion Certificate-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
NOC-GESCOM-
NOC of UGD & WATER-
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-
Approved plan-
approval letter plan and specifications-
Unnamed document-
Balance Sheet 2018 - 2019File: Financial Documents.pdf-
Balance Sheet 2017 - 2018File: Financial Documents.pdf-
Balance Sheet 2016 - 2017File: Financial Documents.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Financial Documents.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Financial Documents.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Financial Documents.pdf-
Director's Report 2018 - 2019File: Financial Documents.pdf-
Director's Report 2017 - 2018File: Financial Documents.pdf-
Director's Report 2016 - 2017File: Financial Documents.pdf-
Cash Flow Statement 2018 - 2019File: Financial Documents.pdf-
Cash Flow Statement 2017 - 2018File: Financial Documents.pdf-
Auditor's Report 2018 - 2019File: Financial Documents.pdf-
Auditor's Report 2017 - 2018File: Financial Documents.pdf-
Auditor's Report 2016 - 2017File: Financial Documents.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: Financial Documents.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Financial Documents.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Financial Documents.pdf-
FORM B-
Plot Excel SheetFile: PRM_KA_RERA_1248_440_PR_201021_003656.xlsx-
Final plan technical sanction LetterFile: Final Approval 100% release order.pdf-
Final layout plan sanctionedFile: Final Approval 100% release order.pdf-
Completion CertificateFile: Final Approval 100% release order.pdf-
Relinquishment deed executed handed over detailsFile: RELINGQUISHMENT DEED.pdf-
Chartered Accountant Certificate (Form-4)File: Form 4 Q3 2020-21.pdf-
Architect's Certificate (Form-5)File: Form 5 Q3 2020-21.pdf-
Engineer's Certificate (Form-6)File: Form 6 Q3 20-21 Vidyagiri.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit cum declaration.pdf-

How this compares with Vijayanagara

7%of Vijayanagara projects moved their completion datethis one has not
0%of Vijayanagara registrations are shown as withdrawn or revokedthis one is not

Computed across the 110+ Vijayanagara projects on ReraGenie, from their own filings.

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Other projects near Vijayanagara110+ in Vijayanagara

Builder: Sri Srinivasa Developers

Sri Srinivasa Developers has 2 registrations on RERA Karnataka, including VIDYA GIRI and green acres 2. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayanagara district page.

Frequently asked questions

What are my rights if VIDYA GIRI is delayed beyond 30 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 VIDYA GIRI?

The registered promoter entity is Sri Srinivasa 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 VIDYA GIRI?

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 VIDYA GIRI?

The professionals named in the filing: Architect: Srimathi Adiga; Engineer: Bharathi Hiremath. 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 VIDYA GIRI?

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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