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Registration approved Plotted Development project

Gacchinakatti Nagar

By V G Parekh and Co

RG-KA-47121 · RERA PRM/KA/RERA/1275/448/PR/200908/003586 · Last updated on RERA Karnataka portal: 1 Sep 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
Apr 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 74 documents Report an error

Gacchinakatti Nagar is a Plotted Development project by V G Parekh and Co in Vijayapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1275/448/PR/200908/003586 on 8 Sep 2020. Possession is promised by 20 Apr 2019.

At a glance

Project

  • NameGacchinakatti Nagar
  • TypePlotted Development
  • Location
    • Bijapur
    • Vijayapura
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1275/448/PR/200908/003586
  • ReraGenie IDRG-KA-47121

Builder

  • NameV G Parekh and Co
  • Entity typePartnership Firm
  • Authorized SignatoryMAHAVEERCHAND G PAREKH
  • Other registrations4 more →
  • Declared earlier projects2 →

Key dates

Registered
8 Sep 2020
Promised
20 Apr 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Sep 2020
  • Promised completion20 Apr 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed74 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 area20,234 sq m
Named landowners1
LandownerVillageDistrict
Shri Hanamanth Gurappa Gacchinakatti--

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 86.00 lakh

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed74

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/1275/448/PR/200908/003586 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Joint Affidavit Cum DeclarationFile: Joint Affidavit cum Declaration.pdf1 Sep 2020
Joint Development AgreementFile: Annexure 1.pdf1 Sep 2020
Completion Certificate from BDAFile: Annexure 2.pdf1 Sep 2020
CA Certificate for Completion of Work.File: CA Certificate for Completion of Work.pdf8 Aug 2020
Completion CertificateFile: COMPLETITION CERTIFICATE.pdf8 Aug 2020
Joint Affidavit cum declaration.File: Notarized Joint Affidavit Cum Declaration.pdf8 Aug 2020
Separate Bank Account- Clarification Given.File: Clarification.pdf21 Jul 2020
Notarized Joint Affidavit Cum DeclarationFile: Notarized Joint Affidavit Cum Declaration.pdf21 Jul 2020
EC from 01-01-2020File: EC From 01-01-2020.pdf21 Jul 2020
Approved Layout PlanFile: Approved Layout Plan.pdf21 Jul 2020
Project Specification.File: Project Specification.pdf21 Jul 2020
Affidavit Under Sec 3(1)File: Affidavit Under Sec 3(1).pdf21 Jul 2020
Completition Certificate.File: COMPLETITION CERTIFICATE.pdf21 Jul 2020
Maintain of Separate Accounts. Clarification Enclosed.File: Clarification.pdf22 Jun 2020
Conversion OrderFile: Conversion Order.pdf22 Jun 2020
Notarized From-B and Notarized Joint Affidavit cum DeclarationFile: Affidavit Cum Declaration.pdf22 Jun 2020
Approved Layout Plan Project SpecificationFile: Approved Layout Plan Project Specification.pdf22 Jun 2020
Affidavit Under Sec 3(1)File: Affidavit Under Sec 3(1).pdf22 Jun 2020
Approved Layout Plan by Urban Development AuthorityFile: Approved Layout Plan by Urban Development Authority.pdf22 Jun 2020
Firm Started in 1999 only. Partnership Deed enclosedFile: Partnership Deed 1999.pdf22 Jun 2020
Firm Started in 1999 only. Firm Registration Certificate, Check Page No 3File: Firm Registration Certificate.pdf22 Jun 2020
Layout Completition CertificateFile: Layout Completition Certificate.pdf22 Jun 2020
CertificateFile: PAGE 1.jpeg-
Commencement Certificate-
Approved Plotting Plan-
Approved Layout Plan-
SALE DEED AND RTC-
Approved Infrastructure Plan of Plotting-
Area Development Plan of Project Area-
EC-
DEVELOPMENT AGREEMENT-
POWER OF ATTORNEY-
Unnamed document-
Unnamed document-
Utilization Certificate-
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Existing Layout Plan-
Existing Section Plan And Specification-
Unnamed document-
Balance Sheet 2018 - 2019File: 18-19.pdf-
Balance Sheet 2017 - 2018File: 17-18.pdf-
Balance Sheet 2016 - 2017File: 16-17.pdf-
Audited Profit and Loss Statement 2018 - 2019File: 18-19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: 17-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 16-17.pdf-
Auditor's Report 2018 - 2019File: 18-19.pdf-
Auditor's Report 2017 - 2018File: 17-18.pdf-
Auditor's Report 2016 - 2017File: 16-17.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: 18-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: 17-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: 16-17.pdf-
Prospectus/BrochureFile: BROCHER.pdf-
Advertisement Copy 1File: BROCHER.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1275_448_PR_200908_003586.xlsx-
Completion CertificateFile: Gacchinkatti Nagar Completion Certificate.pdf-
AffiavitFile: AFFIFDAVIT GACCHINKATTI NAGAR.pdf-

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.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Risaldar Colony-OngoingJan 2020Not delivered

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: V G Parekh and Co

V G Parekh and Co has 5 registrations on RERA Karnataka, including Risaldar Colony and Dhanlaxmi Colony. Its filings declare 2 earlier projects, none of them declared completed. Read the full track record. See more projects on the Vijayapura district page.

Frequently asked questions

What are my rights if Gacchinakatti Nagar is delayed beyond 20 Apr 2019?

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 Gacchinakatti Nagar?

The registered promoter entity is V G Parekh and Co, 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 Gacchinakatti Nagar?

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 Gacchinakatti Nagar?

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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