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AVYAK FORTUNE
RG-KA-87242 · RERA PRM/KA/RERA/1251/446/PR/180329/001968
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
Saved.
AVYAK FORTUNE is a Residential/Group Housing project by AVYAK BUILDERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180329/001968 on 29 Mar 2018. Possession is promised by 31 Mar 2018.
At a glance
Project
- NameAVYAK FORTUNE
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/446/PR/180329/001968
- ReraGenie IDRG-KA-87242
Builder
- NameAVYAK BUILDERS
- Entity typePartnership Firm
- Authorized SignatoryVINOD M REDDY
- OthersVINOD REDDY
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on29 Mar 2018
- Promised completion31 Mar 2018
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed21 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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | ASHA MALIGAR |
| Engineer | C.MANJUNATH |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed21
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/180329/001968 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: firm reg.pdf | - |
| Not applied | - |
| Plan Approval | - |
| Draft Sale Deed | - |
| Draft Sale Agreement | - |
| part deed 2 | - |
| IMG-20160502-WA0035 | - |
| SPECIFICATIONS | - |
| EC 2017-2018 | - |
| Katha Certificate | - |
| JDA Full | - |
| Balance Sheet 2015 - 2016File: IT.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: IT.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IT.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: IT.pdf | - |
| Form B | - |
| Occupancy CertificateFile: RERA LETTER.pdf | - |
| Completion certificateFile: Avyak fortune(Completion certificate).pdf | - |
| Registered Agreement of SaleFile: Sale agreement Avyak (1).pdf | - |
| Registered conveyance deed for an individual unitFile: Sale Deed-Avyak Final (1) (1).pdf | - |
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Builder: AVYAK BUILDERS
AVYAK BUILDERS has 1 registration on RERA Karnataka, including AVYAK FORTUNE. 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 AVYAK FORTUNE is delayed beyond 31 Mar 2018?
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 AVYAK FORTUNE?
The registered promoter entity is AVYAK BUILDERS, 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 AVYAK FORTUNE?
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 AVYAK FORTUNE?
The professionals named in the filing: Architect: ASHA MALIGAR; Engineer: C.MANJUNATH. 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 AVYAK FORTUNE?
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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