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Registration approved Plotted Development project

GEOMAC PARK

By GEOMAC DEVELOPERS

RG-KA-93942 · RERA PRM/KA/RERA/1259/410/PR/171015/000873

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
Jul 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

GEOMAC PARK is a Plotted Development project by GEOMAC DEVELOPERS in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/410/PR/171015/000873 on 15 Oct 2017. Possession is promised by 31 Jul 2019.

At a glance

Project

  • NameGEOMAC PARK
  • TypePlotted Development
  • Location
    • Dharwad
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1259/410/PR/171015/000873
  • ReraGenie IDRG-KA-93942

Builder

  • NameGEOMAC DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryIRFAN AHMED KASIMSAB SAMSI
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredOct 2017PromisedJul 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Oct 2017
  • Promised completion31 Jul 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed34 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.

Land area22,361 sq m
Named landownersNone

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 1.86 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed34

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/1259/410/PR/171015/000873 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Certificate of Registration of Firm.pdf-
Work Order-
Plotting Plan-
Approved Layout Plan-
SALE DEED-
AGREEMENT OF SALE-
SD_JDA_RTC_MUTATION-
Area Development Plan NA-
Letter of Allotment-
Geomac Park Brouchure-
NOC from Town Planning-
Project Specifications-
Encumbrance Certificate-
JDA-
Title Deed - Legal Opinion-
Conversion Certificate - NA Order-
Balance Sheet 2015 - 2016File: Balance Sheet 2016.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet 2015.PDF-
Audited Profit and Loss Statement 2015 - 2016File: Profit Loss Statement 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Profit Loss Statement 2015.pdf-
Director's Report 2015 - 2016File: Director Report.pdf-
Director's Report 2014 - 2015File: Director Report.pdf-
Director's Report 2013 - 2014File: Director Report.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement 2016.pdf-
Cash Flow Statement 2014 - 2015File: Cash Flow Statement 2015.pdf-
Auditor's Report 2015 - 2016File: Auditors Report 2016.pdf-
Auditor's Report 2014 - 2015File: Audit Report NA.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT Return Acknowledgement 2016.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT Return Acknowledgement 2015.pdf-
FORM B-
Prospectus/BrochureFile: BROCHURE.pdf-
Advertisement Copy 1File: BROCHURE.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1259_410_PR_171015_000873.xlsx-
Completion certificateFile: Completion Certificate_Geomac Park.pdf-

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one has not
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Builder: GEOMAC DEVELOPERS

GEOMAC DEVELOPERS has 2 registrations on RERA Karnataka, including GEOMAC PARK and EVERNEST. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if GEOMAC PARK is delayed beyond 31 Jul 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 GEOMAC PARK?

The registered promoter entity is GEOMAC DEVELOPERS, 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 GEOMAC PARK?

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 GEOMAC PARK?

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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