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Registration approved No litigation declared Plotted Development project

BVL PREMIO PHASE 4

By BVL PREMIO

RG-KA-89006 · RERA PRM/KA/RERA/1268/378/PR/070622/004963 · Last updated on RERA Karnataka portal: 31 May 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
Dec 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 186 documents Report an error

BVL PREMIO PHASE 4 is a Plotted Development project by BVL PREMIO in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/070622/004963 on 7 Jun 2022. Possession is promised by 1 Dec 2024.

At a glance

Project

  • NameBVL PREMIO PHASE 4
  • TypePlotted Development
  • Location
    • MYSORE
    • 570010
  • Pincode570010
  • RERA no.PRM/KA/RERA/1268/378/PR/070622/004963
  • ReraGenie IDRG-KA-89006

Builder

  • NameBVL PREMIO
  • Entity typePartnership Firm
  • GSTIN29AAYFB1784A1Z6
  • Authorized SignatorySumanth Kumar Degapudi
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredJun 2022PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Jun 2022
  • Promised completion1 Dec 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed186 files

The full filing

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

Land and ownership14

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners14
LandownerVillageDistrict
Suneel--
Bellam Ravichandra--
Sumanth Kumar Degapudi--
Bellam Ravichandra--
Bellam Ravichandra--
Bellam Ravichandra--
Bellam Ravichandra--
Bellam Ravichandra--
Bellam Ravichandra--
Bellam Ravichandra--
Bellam Ravichandra--
Bellam Ravichandra--
Sumanth Kumar Degapudi--
Bellam Ravichandra--

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 18.02 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 13.80 cr-
Payment of taxesRs 2.48 cr-
On-site expenditure-Salaries of workersRs 60.00 lakh-
On-site expenditure-Site OverheadRs 46.00 lakh-
On-site expenditure-Consultants FeesRs 34.50 lakh-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 23.00 lakh-
Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for constructionRs 10.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerH J Radhakrishna Setty
Chartered AccountantSrinivasa Reddy

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed186

As listed on the registration, under the names the promoter filed them with; the newest 80 of 186 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1268/378/PR/070622/004963 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Status of Phase 1, 2 and 3 projects under M/s BVL DevelopersFile: Status.pdf31 May 2022
Updated Sale Agreement ProformaFile: RERA - Agreement Format.pdf10 May 2022
Status of Phase 1, 2 and 3 projects under M/s BVL DevelopersFile: Status Of Phase-1, 2 and 3.pdf10 May 2022
Release Order for Phase -1File: Release Order - Phase -1.pdf10 May 2022
DeclarationFile: Declaration.pdf9 Apr 2022
Agreement of SaleFile: Agreement Format.pdf9 Apr 2022
CHESCOM NOCFile: CHESCOM NOC.pdf11 Mar 2022
BWSSB NOCFile: Water Supply NOC.pdf11 Mar 2022
Partnership DeedFile: Partnership Deed.pdf11 Jan 2022
GPA DeclarationFile: GPA Declaration.pdf11 Jan 2022
Non Litigation AffidavitFile: Non Litigation Affidavit.pdf11 Jan 2022
STP PlanFile: Site Plan.pdf11 Jan 2022
Agreement of SaleFile: Agreement of Sale.pdf11 Jan 2022
Proforma Sale DeedFile: Sale Deed Format.pdf11 Jan 2022
CHESCOM APPLIED COPYFile: CHESCOM.pdf11 Jan 2022
WATER SUPPLY APPLIED COPYFile: Water Supply.jpeg11 Jan 2022
Partnership deedFile: Partnership Deed.pdf27 Dec 2021
GPA undertaking letterFile: GPA Declaration.pdf27 Dec 2021
Litigation AffidavitFile: Non Litigation Affidavit.pdf27 Dec 2021
Guidance Value CertificateFile: Certified Guidance value.pdf27 Dec 2021
Plan approval LetterFile: Plan Approval Letter.pdf27 Dec 2021
KSPCB NOCFile: KSPCB NOC.pdf27 Dec 2021
NOC DeclarationFile: NOC Declaration.pdf27 Dec 2021
Agreement of SaleFile: Agreement of Sale.pdf27 Dec 2021
STP undertaking letterFile: STP Declaration.pdf27 Dec 2021
Allotment LetterFile: Allotment Letter Format.pdf27 Dec 2021
Sale DeedFile: Sale Deed Format.pdf27 Dec 2021
RTC, survey 71/2-
Mutation, survey 71/2-
Encumbrance Certificate, survey 71/2-
Conversion/Alienation Order, survey 71/2-
Sale/Title/Gift Deed, survey 71/2-
Khatha, survey 71/2-
RTC, survey 72/2-
Mutation, survey 72/2-
Encumbrance Certificate, survey 72/2-
Conversion/Alienation Order, survey 72/2-
Sale/Title/Gift Deed, survey 72/2-
Khatha, survey 72/2-
RTC, survey 72/4-
Mutation, survey 72/4-
Encumbrance Certificate, survey 72/4-
Conversion/Alienation Order, survey 72/4-
Sale/Title/Gift Deed, survey 72/4-
Khatha, survey 72/4-
RTC, survey 74/2-
Mutation, survey 74/2-
Encumbrance Certificate, survey 74/2-
Conversion/Alienation Order, survey 74/2-
Sale/Title/Gift Deed, survey 74/2-
Khatha, survey 74/2-
RTC, survey 74/4-
Mutation, survey 74/4-
Encumbrance Certificate, survey 74/4-
Conversion/Alienation Order, survey 74/4-
Sale/Title/Gift Deed, survey 74/4-
Khatha, survey 74/4-
RTC, survey 73-
Mutation, survey 73-
Encumbrance Certificate, survey 73-
Conversion/Alienation Order, survey 73-
Sale/Title/Gift Deed, survey 73-
Khatha, survey 73-
RTC, survey 75/11-
Mutation, survey 75/11-
Encumbrance Certificate, survey 75/11-
Conversion/Alienation Order, survey 75/11-
Sale/Title/Gift Deed, survey 75/11-
Khatha, survey 75/11-
RTC, survey 76/1-
Mutation, survey 76/1-
Encumbrance Certificate, survey 76/1-
Conversion/Alienation Order, survey 76/1-
Sale/Title/Gift Deed, survey 76/1-
Khatha, survey 76/1-
RTC, survey 76/2-
Mutation, survey 76/2-
Encumbrance Certificate, survey 76/2-
Conversion/Alienation Order, survey 76/2-
Sale/Title/Gift Deed, survey 76/2-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Builder: BVL PREMIO

BVL PREMIO has 2 registrations on RERA Karnataka, including BVL PREMIO PHASE 4 and BVL PREMIO PHASE 5. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if BVL PREMIO PHASE 4 is delayed beyond 1 Dec 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 BVL PREMIO PHASE 4?

The registered promoter entity is BVL PREMIO, a partnership firm as per the filing. Its GSTIN 29AAYFB1784A1Z6 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 BVL PREMIO PHASE 4?

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 BVL PREMIO PHASE 4?

The professionals named in the filing: Engineer: H J Radhakrishna Setty; Chartered Accountant: Srinivasa Reddy. 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 BVL PREMIO PHASE 4?

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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About BVL PREMIO PHASE 4. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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