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Registration approved No litigation declared Commercial project

Heda Arcade

By VIJAYKUMAR RATANLAL HEDA PROP OF VIJAY ENTERPRISES

RG-KA-45501 · RERA PRM/KA/RERA/1249/447/PR/200524/006908 · Last updated on RERA Karnataka portal: 1 Apr 2026

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
Sep 2027Possession promisedno revision filed
15 of 15Construction stages doneevery applicable stage filed complete
11 of 22Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 125 documents Report an error

Heda Arcade is a Commercial project by VIJAYKUMAR RATANLAL HEDA PROP OF VIJAY ENTERPRISES in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/200524/006908 on 20 May 2024. Possession is promised by 30 Sep 2027. 11 of the 22 units on this registration are recorded sold or booked, and 15 of 15 construction stages are filed complete.

At a glance

Project

  • NameHeda Arcade
  • TypeCommercial
  • Location
    • Belagavi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1249/447/PR/200524/006908
  • ReraGenie IDRG-KA-45501

Builder

  • NameVIJAYKUMAR RATANLAL HEDA PROP OF VIJAY ENTERPRISES
  • Entity typeProprietorship
  • GSTIN29AAHPH9156R1ZR
  • Authorized SignatoryVIJAYKUMAR RATANLAL HEDA
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMay 2024PromisedSep 2027

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on20 May 2024
  • Promised completion30 Sep 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed125 files

Current status

50%11 of 22 units booked
16.4%Of the estimated cost spent so far

Figures as on 1 Apr 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
HEDA ARCADE---02222

The full filing

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

Construction progress by building1

As on 1 Apr 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

15 of 15 construction stages are filed complete.

Building: 100% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work100%
Foundation footing work100%
Upto Plinth Level100%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)100%
Retaining wall (All types)100%
RCC or MS Framed structure100%
Masonry Construction100%
Plastering inside , outside & Ceiling100%
Joinery: Doors, Windows, Ventilators etc100%
Basic work of Water supply, Sanitary and Electrification100%
Dadoing, Skirting, Flooring, Tiles work (All types)100%
Railing and Grill fixing100%
Electrification, Water supply and Sanitary Finishing100%
Painting100%
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work100%
Internal and External work including landscapes as per sanctioned drawingsNot applicable

Progress on shared amenities40

As on 1 Apr 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes100%
Sewage and Drainage SystemYes100%
Water conservation/rain water harvesting/recharge of ground waterYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes100%
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes100%
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupNoNot applicable
Piped GasNoNot applicable
Water and SanitationYes100%
Air ConditioningNoNot applicable
StaircasesYes100%
LiftsYes100%
Corridor/LobbiesYes100%
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes100%
BasementYes100%
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes100%
Common storage spacesNoNot applicable

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.

Named landowners1
LandownerVillageDistrict
Vijay Kumar Heda Prop. Vijay Enterprises--

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 7.88 cr
Cost incurredRs 1.29 cr
Spent of the estimate16.35%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 7.88 crRs 1.29 cr

Certifying professionals and partners3

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

RoleName
ArchitectPANKAJ CHINDAK
EngineerDILEEP LINGOPANT KULKARNI
Chartered AccountantBHAKTI BHIDE

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed125

As listed on the registration, under the names the promoter filed them with; the newest 80 of 125 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/447/PR/200524/006908 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4.pdf1 Apr 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: ARCHITECT & ENG CERTIFICATE Q-4_compressed.pdf1 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: ARCHITECT & ENG CERTIFICATE Q-4_compressed.pdf1 Apr 2026
Q4 2025-26 Water supply and sewage board1 Apr 2026
Q4 2025-26 KSPCB- PCB (10 Acres to 125 Acres)1 Apr 2026
Q4 2025-26 KPTCL- BESCOM1 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 QU 3 25-26.pdf29 Jan 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Arch QU 3 25-26.pdf29 Jan 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Eng QU 3 25-26 .pdf29 Jan 2026
Q3 2025-26 Water supply and sewage board29 Jan 2026
Q3 2025-26 KPTCL- BESCOM29 Jan 2026
alternate document in support of the sameFile: alternative documetn for conversion confirmation.pdf25 Apr 2024
reply NoticeFile: Reply to Notice.pdf25 Apr 2024
NA orderFile: NA ORDER_organized.pdf25 Apr 2024
Source of fund with supporting documentsFile: source of fund with supporting document.pdf11 Apr 2024
about certified copy of NA order letter issued by the office of D C of BelagaviFile: Certified copy of NA Order.pdf11 Apr 2024
NA orderFile: NA ORDER_organized.pdf11 Apr 2024
the latest self attested copy of the renewed Engineer license certificateFile: self attested copy of the renewed Engineer license certificate.pdf11 Apr 2024
signed copy of the fofrm-6, Engineer certificateFile: original signed copy of the fofrm-6, Engineer certificate.pdf11 Apr 2024
Reply to NoticeFile: Reply to Notice (1).pdf11 Apr 2024
the Proprietorship registration certificateFile: Prop certificate.pdf18 Mar 2024
about annual auditFile: Declaration about Annual Audit.pdf18 Mar 2024
profit and loss account and balance sheet 2020-21 with CA UDIN along with schedulFile: Balance sheet, P and L and audit report with Schedule 2020-21 with CA UDIN and schedule.pd18 Mar 2024
profit and loss account and balance sheet 2021-22 with CA UDIN along with schedulFile: Balance sheet, P and L and audit report with Schedule 2021-22 with CA UDIN and schedule.pd18 Mar 2024
profit and loss account and balance sheet 2022-23 with CA UDIN along with schedulFile: Balance sheet, P and L, audit report 2022-23 with CA UDIN and schedule.pdf18 Mar 2024
about unsecured loan and borrowingsFile: about loan amount (1).pdf18 Mar 2024
latest Khata certificate issued by CCBFile: Latest Khata By BCC.pdf18 Mar 2024
about single plot layout order and planFile: about single plot layout order and plan.pdf18 Mar 2024
certified carpet area calculationsFile: Certified carpet area calcluations.jpeg18 Mar 2024
Village Map (CTS Map) of project siteFile: Village Map (CTS map).pdf18 Mar 2024
about commencement certificateFile: about commencment.pdf18 Mar 2024
latest self attested copy of the renewed Engineer license certificate.File: self attested Engineer license certificate.jpeg18 Mar 2024
Engineer certificate in prescribed formatFile: Form -6, Engineer (QU).pdf18 Mar 2024
calculation sheet of amenities and common area details certified by engineerFile: certified common area and amenities calculations.jpeg18 Mar 2024
about the Construction Cost Details properly from Sl. no. (2) to (13)File: about cost of construction in sr 2 to 13.pdf18 Mar 2024
self attested Land cost calculationsFile: ABOUT COST OF LAND.pdf18 Mar 2024
undertaking for water supplyFile: Undertaking for water supply.pdf18 Mar 2024
NA OrderFile: NA ORDER_organized.pdf18 Mar 2024
Reply to NoticeFile: Notice.pdf18 Mar 2024
Registration CertificateFile: GST Reg Certificate.pdf-
Certificate issued by CA Form 1File: CA CERTIFICATE (1).pdf-
Certificate issued by Architect Form 2File: Form 2- Arch.jpeg-
Certificate issued by Engineer Form 3File: Form 3- Eng.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: notarized no litigation affidavit.pdf-
Certificate from Chartered AccountFile: CA CERTIFICATE (1).pdf-
Balance Sheet 2022 - 2023File: Balance sheet, P and L, audit report 2022-23.pdf-
Balance Sheet 2021 - 2022File: Balance sheet, P and L and audit report with Schedule 2021-22_compressed.pdf-
Balance Sheet 2020 - 2021File: Balance sheet, P and L and audit report with Schedule 2020-21_compressed.pdf-
Audited Profit and Loss Statement 2022 - 2023File: Balance sheet, P and L, audit report 2022-23.pdf-
Audited Profit and Loss Statement 2021 - 2022File: Balance sheet, P and L and audit report with Schedule 2021-22_compressed.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Balance sheet, P and L and audit report with Schedule 2020-21_compressed.pdf-
Auditor's Report 2021 - 2022File: Balance sheet, P and L and audit report with Schedule 2021-22_compressed.pdf-
Auditor's Report 2020 - 2021File: Balance sheet, P and L and audit report with Schedule 2020-21_compressed.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: IT RETURN AY_2023-24.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: IT RETURN AY_2022-23.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: IT RETURN AY_2021-22.pdf-
Aprroved Letter-
HESCOM NOC-
WATER NOC (1)-
angol approved copy-
angol approved copy-
angol approved copy-
angol approved copy-
angol approved copy-
specification-
angol approved copy-
angol approved copy-
STABILITY CERTIFICATE-
LIGAL OPINION-
Agreement of Sale Proforma (1)-
Allotment Letter-
Notarized Form B-
Notarized Sec 3 Affidavit-
HESCOM NOC-
WATER NOC (1)-
Unnamed document-
Unnamed document-

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
MANORATH- Luxury Homes by HedaR S NO. 79/1, CTS NO. 2867 ,BHAGYANAGAR (ADARSH NAGAR), ANGOLOngoingFeb 2026Not delivered

How this compares with Belagavi

50%of this project is bookeddistrict median 39%
24%of Belagavi projects moved their completion datethis one has not
0%of Belagavi registrations are shown as withdrawn or revokedthis one is not

Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.

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Builder: VIJAYKUMAR RATANLAL HEDA PROP OF VIJAY ENTERPRISES

VIJAYKUMAR RATANLAL HEDA PROP OF VIJAY ENTERPRISES has 2 registrations on RERA Karnataka, including MANORATH- Luxury Homes by Heda and Heda Arcade. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Belagavi district page.

Frequently asked questions

What are my rights if Heda Arcade is delayed beyond 30 Sep 2027?

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 Heda Arcade?

The registered promoter entity is VIJAYKUMAR RATANLAL HEDA PROP OF VIJAY ENTERPRISES, a proprietorship as per the filing. Its GSTIN 29AAHPH9156R1ZR 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 Heda Arcade?

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 Heda Arcade?

The professionals named in the filing: Architect: PANKAJ CHINDAK; Engineer: DILEEP LINGOPANT KULKARNI; Chartered Accountant: BHAKTI BHIDE. 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 Heda Arcade?

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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