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Registration approved Residential/Group Housing project

Construction of 500 (G+1) Houses in BasavanaBagew

By Town Municipal Council BasavanaBagewadi

RG-KA-79749 · RERA PRM/KA/RERA/1275/449/PR/210804/004222 · Last updated on RERA Karnataka portal: 15 Jul 2021

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
Dec 2021Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 31 documents Report an error

Construction of 500 (G+1) Houses in BasavanaBagew is a Residential/Group Housing project by Town Municipal Council BasavanaBagewadi in Vijayapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1275/449/PR/210804/004222 on 4 Aug 2021. Possession is promised by 31 Dec 2021.

At a glance

Project

  • NameConstruction of 500 (G+1) Houses in BasavanaBagew
  • TypeResidential/Group Housing
  • Location
    • Basavan Bagevadi
    • Vijayapura
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1275/449/PR/210804/004222
  • ReraGenie IDRG-KA-79749

Builder

  • NameTown Municipal Council BasavanaBagewadi
  • Entity typeUrban Local Bodies
  • Authorized SignatoryChief Officer TMC BasavanaBagewadi

Key dates

this monthRegisteredAug 2021PromisedDec 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Aug 2021
  • Promised completion31 Dec 2021
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed31 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 area48,561 sq m
Named landowners1
LandownerVillageDistrict
Govt of Karnataka TMC BasavanaBagewadi--

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 25.59 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed31

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/1275/449/PR/210804/004222 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Self declaration for financial statement and ITR for 2017-18,2018-19 and 2019-20File: Self declaration for Finanacial statemant ITR.jpg15 Jul 2021
bank account name should be as per bank account direction circularFile: Bank account statement.jpg15 Jul 2021
Architect Certificate for Work Completion Schedule till DateFile: architect certificate.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: architect certificate.pdf-
CA Certificate for Funds UtilizationFile: CA Utilisation.pdf-
Architect Certificate for Pending Work Completion Schedule.File: architect certificate.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: architect certificate.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Utilisation.pdf-
AffidavitFile: Agreement Bond.pdf-
Latest Encumbrance CertificateFile: Latest EC.pdf-
Details Of Sold/ Un-sold UnitsFile: Unit Sold.pdf-
Work Order-
Building Drawing-
Approved Layout-
RTC final-
Building Drawing-
Approved Layout-
Project Specification-
Project Specification-
EC-
RTC final-
Agreement Bond-
Unnamed document-
Unnamed document-
Building Drawing-
Approved Layout-
Approved Layout-
Balance Sheet 2018 - 2019File: Balance Sheet.pdf-
Audited Profit and Loss Statement 2018 - 2019File: I & E.pdf-
Director's Report 2018 - 2019File: CMR.pdf-
Cash Flow Statement 2018 - 2019File: C & P.pdf-

How this compares with Vijayapura

21%of Vijayapura projects moved their completion datethis one has not
0%of Vijayapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 56 Vijayapura projects on ReraGenie, from their own filings.

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Other projects near Vijayapura56 in Vijayapura

Builder: Town Municipal Council BasavanaBagewadi

Town Municipal Council BasavanaBagewadi has 1 registration on RERA Karnataka, including Construction of 500 (G+1) Houses in BasavanaBagew. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayapura district page.

Frequently asked questions

What are my rights if Construction of 500 (G+1) Houses in BasavanaBagew is delayed beyond 31 Dec 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 Construction of 500 (G+1) Houses in BasavanaBagew?

The registered promoter entity is Town Municipal Council BasavanaBagewadi, an urban local bodies 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 Construction of 500 (G+1) Houses in BasavanaBagew?

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.

What should I check before booking in Construction of 500 (G+1) Houses in BasavanaBagew?

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 Construction of 500 (G+1) Houses in BasavanaBagew. 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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