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ELV MARVEL
By ELV BUILDERS
RG-KA-42687 · RERA PRM/KA/RERA/1251/446/PR/171031/001384
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.
ELV MARVEL is a Residential/Group Housing project by ELV BUILDERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171031/001384 on 31 Oct 2017. Possession is promised by 31 Aug 2018.
At a glance
Project
- NameELV MARVEL
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/446/PR/171031/001384
- ReraGenie IDRG-KA-42687
Builder
- NameELV BUILDERS
- Entity typePartnership Firm
- Authorized SignatoryE.BHASKAR
- OthersL Ramesh Chandra Reddy, A Nagaraju, Muppavarapu Pradeep
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on31 Oct 2017
- Promised completion31 Aug 2018
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed36 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 | Narendranath Reddy B V |
| Engineer | P.Lingaiah |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed36
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/171031/001384 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: SJN-F.pdf | - |
| Marvel- CC | - |
| ELV Marvel BBMP Approved Plan Scan-min | - |
| ELV Marvel BBMP Approved Plan Scan 1 | - |
| MARVEL - SALE DEED | - |
| AGREEMENT OF SALE MARVEL | - |
| Rtc-Marvel | - |
| ELV Marvel BBMP Approved Plan Scan 1-min | - |
| ELV Marvel BBMP Approved Plan Scan-min | - |
| Flat Allotment | - |
| NEW BROCHURE-ilovepdf-compressed | - |
| NOC | - |
| NEW BROCHURE (1)-page-009 | - |
| EC Marvel | - |
| Marvel katha&Extract | - |
| small_JDA-MARVEL | - |
| Mr -Marvel | - |
| Coversion Copy- Marvel-min | - |
| Balance Sheet 2015 - 2016File: Balance Sheet,P&l and it's Schedules.pdf | - |
| Balance Sheet 2014 - 2015File: ELV BULIDERS ITR 2015-16-min-ilovepdf-compressed.pdf | - |
| Balance Sheet 2013 - 2014File: ITR-ELV Builders-2014-15.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: Balance Sheet,P&l and it's Schedules.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: ELV BULIDERS ITR 2015-16-min-ilovepdf-compressed.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: ITR-ELV Builders-2014-15.pdf | - |
| Director's Report 2015 - 2016File: Balance Sheet,P&l and it's Schedules.pdf | - |
| Director's Report 2014 - 2015File: ELV BULIDERS ITR 2015-16-min-ilovepdf-compressed.pdf | - |
| Director's Report 2013 - 2014File: ITR-ELV Builders-2014-15.pdf | - |
| Cash Flow Statement 2015 - 2016File: Balance Sheet,P&l and it's Schedules.pdf | - |
| Cash Flow Statement 2014 - 2015File: ELV BULIDERS ITR 2015-16-min-ilovepdf-compressed.pdf | - |
| Auditor's Report 2015 - 2016File: 2016-Form 3cB.pdf | - |
| Auditor's Report 2014 - 2015File: jpg2pd.pdf | - |
| Auditor's Report 2013 - 2014File: ITR-ELV Builders-2014-15.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR Return.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ELV BULIDERS ITR 2015-16-min-ilovepdf-compressed.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: ITR-ELV Builders-2014-15.pdf | - |
| Declaration elv | - |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| ELV SIGNATURE | - | Completed | Aug 2017 | No date filed |
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Builder: ELV BUILDERS
ELV BUILDERS has 1 registration on RERA Karnataka, including ELV MARVEL. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if ELV MARVEL is delayed beyond 31 Aug 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 ELV MARVEL?
The registered promoter entity is ELV 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 ELV MARVEL?
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 ELV MARVEL?
The professionals named in the filing: Architect: Narendranath Reddy B V; Engineer: P.Lingaiah. 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 ELV MARVEL?
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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