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Registration approved Plotted Development project

Maarq Vista

By Maarq Spaces Private Limited

RG-KA-94785 · RERA PRM/KA/RERA/1254/460/PR/180728/001970

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 49 documents Report an error

Maarq Vista is a Plotted Development project by Maarq Spaces Private Limited in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/460/PR/180728/001970 on 28 Jul 2018. Possession is promised by 30 Sep 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameMaarq Vista
  • TypePlotted Development
  • Location
    • Chikkaballapur
    • Chikkaballapura
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1254/460/PR/180728/001970
  • ReraGenie IDRG-KA-94785

Builder

  • NameMaarq Spaces Private Limited
  • Entity typeCompany
  • CINU74900KA2015PTC082803
  • Authorized SignatoryBalakrishna Kudigram
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredJul 2018First promiseDec 2020Revised toSep 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on28 Jul 2018
  • Promised completion30 Sep 2021
  • Revised completionRevised to 30 Sep 2021 (originally 31 Dec 2020)
  • BuildingsNot stated in filing
  • Documents filed49 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 area17,401 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 1.80 cr

Certifying professionals and partners2

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

RoleName
ArchitectTangance Studio LLP
EngineerTangance Studio LLP

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionDec 2020 → Sep 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed49

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/1254/460/PR/180728/001970 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: COI.pdf-
Kandavara approval-ilovepdf-compressed-
Plan Approval- Vista-ilovepdf-compressed (1)-
Plan Approval- Vista-ilovepdf-compressed (1)-
SALE DEED-
Sale Agreement-
Sale Deed & RTC-
Plan Approval- Vista-ilovepdf-compressed (1)-
Plan Approval- Vista-ilovepdf-compressed (1)-
Allotment Letter-
VistaBrochure-Draft-1-ForRERA-ilovepdf-compressed-
Maarq Vista - Project Specifications-
EC_PM-ilovepdf-compressed-
Absolute Sale Deed in favour of Kumara Raja from Lalitha - Copy-
JDA-
Plan Approval- Vista-ilovepdf-compressed (1)-
Plan Approval- Vista-ilovepdf-compressed (1)-
conversion order copy-
Balance Sheet 2016 - 2017File: Financials 2016-17 Banance sheet.pdf-
Balance Sheet 2015 - 2016File: Financial Statements-15-16 - Balance sheet.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Audited 2016-17 - P&L.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Audited-15-16 - P&L.pdf-
Director's Report 2016 - 2017File: DIR report 16-17.pdf-
Director's Report 2015 - 2016File: Directors Report-FY 2015-16.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement 16-17.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statememt 15-16.pdf-
Auditor's Report 2016 - 2017File: Auditors report 16-17.pdf-
Auditor's Report 2015 - 2016File: Auditors Report FY 2015-16.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITRV 2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITRV 15-16.pdf-
Form B-
Prospectus/BrochureFile: Brochure-VistaForPrint-v2 (5).pdf-
Advertisement Copy 1File: Vista-ForMailer.png-
Plot Excel SheetFile: Plot Details.xlsx-
Final plan technical sanction LetterFile: Final Plan Copy.pdf-
Final layout plan sanctionedFile: Final Plan Copy.pdf-
Completion CertificateFile: Muncipal NOC.pdf-
Site release order Copies(1st,2nd phase and final release order)File: 08 03 22 Vista Release Order.pdf-
Relinquishment deed executed handed over detailsFile: 24 05 18 Relinquishment deed.pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: 24 01 22 PWD NOC.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: 09 02 22 KARNATAKA WATER BOARD NOC.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: 24 06 21 BESCOM NOC.pdf-
Brief description of Water supply and Underground drainage worksFile: Sanitary Drawings.pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: 24 06 21 BESCOM NOC.pdf-
Chartered Accountant Certificate (Form-4)File: Form 4 CC CA Certificate.pdf-
Architect's Certificate (Form-5)File: Form 5 CC Architect Certificate.pdf-
Engineer's Certificate (Form-6)File: Form 6 CC Engineer Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit for Completion.pdf-
STP DrawingsFile: STP Drawings.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
Maarq Alpha-OngoingFeb 2022Not delivered

How this compares with Chikkaballapura

27%of Chikkaballapura projects moved their completion datethis one moved by 9 months
1%of Chikkaballapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 170+ Chikkaballapura projects on ReraGenie, from their own filings.

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Other projects near Chikkaballapura170+ in Chikkaballapura

Builder: Maarq Spaces Private Limited

Maarq Spaces Private Limited has 2 registrations on RERA Karnataka, including Maarq Alpha and Maarq Vista. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Chikkaballapura district page.

Frequently asked questions

What are my rights if Maarq Vista is delayed beyond 30 Sep 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 Maarq Vista?

The registered promoter entity is Maarq Spaces Private Limited, a company as per the filing. Its CIN U74900KA2015PTC082803 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 Maarq Vista?

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 Maarq Vista?

The professionals named in the filing: Architect: Tangance Studio LLP; Engineer: Tangance Studio LLP. 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 Maarq Vista?

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; why the completion date was revised and what the new timeline depends on.

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 Maarq Vista. 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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