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MVN Aero One Phase 1
By MF FARMLANDS PRIVATE LIMITED
RG-KA-04894 · RERA PRM/KA/RERA/1250/303/PR/201222/003761 · Last updated on RERA Karnataka portal: 9 Dec 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
Saved.
MVN Aero One Phase 1 is a Residential/Group Housing project by MF FARMLANDS PRIVATE LIMITED in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/201222/003761 on 22 Dec 2020. Possession is promised by 31 Jul 2025.
At a glance
Project
- NameMVN Aero One Phase 1
- TypeResidential/Group Housing
- Location
- Devanahalli
- Bengaluru Rural
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1250/303/PR/201222/003761
- ReraGenie IDRG-KA-04894
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on22 Dec 2020
- Promised completion31 Jul 2025
- Revised completionNone
- Buildings3 building records
- Documents filed67 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower 1 | - | - | - | 52 | 0 | 52 |
| Tower 2 | - | - | - | 53 | 0 | 53 |
| Tower 3 | - | - | - | 54 | 0 | 54 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 9 Dec 2020, 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.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities41
As on 9 Dec 2020, 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | Yes | - |
| Community Hall | Yes | - |
| Outdoor Sports facility | Yes | - |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
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.
| Landowner | Village | District |
|---|---|---|
| MF FARMLANDS PRIVATE LIMITED | - | - |
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 partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | InFORM Architects |
| Engineer | Rajendra Kumar Bhola |
| Engineer | Innotech Engineering Consult (P) Limited |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed67
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/1250/303/PR/201222/003761 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Unit clarification letterFile: Units clarification letter.pdf | 9 Dec 2020 |
| KSPCBFile: KSPCB.pdf | 9 Dec 2020 |
| MOEFFile: MOEF.pdf | 9 Dec 2020 |
| BESCOMFile: BESCOM NOC.pdf | 9 Dec 2020 |
| BSNLFile: BSNLl NOC.pdf | 9 Dec 2020 |
| Signed Architect PlanFile: Signed Architect Plan.pdf | 9 Dec 2020 |
| Unit clarification letter & Architect CertificateFile: Unit clarification letter & Architect Plan.pdf | 9 Dec 2020 |
| Area Clarification letterFile: RERA LETTER SEAL SIGN.pdf | 5 Dec 2020 |
| 28/4 ECFile: 28:4EC.pdf | 5 Dec 2020 |
| Site PlanFile: 01 Site Plan.pdf | 5 Dec 2020 |
| Building PlanFile: Building Plan.pdf | 5 Dec 2020 |
| Panchayat Water NOCFile: Bettakote Doc.pdf | 5 Dec 2020 |
| Fire NOCFile: Fire NOC.pdf | 5 Dec 2020 |
| Airport Authority NOCFile: Airport Authority.pdf | 5 Dec 2020 |
| Architect PlanFile: Architect Plan.pdf | 5 Dec 2020 |
| CertificateFile: Company Incorporation Certificate.pdf | - |
| Commencement | - |
| 01 Site Plan | - |
| Sale Deed | - |
| Architect Plan | - |
| Architect Plan | - |
| Project Specification | - |
| EC | - |
| Notarized Affidavit | - |
| Katha | - |
| Conversion Order | - |
| Conversion Order | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Relinquishment Deed | - |
| Fire NOC | - |
| Airport Authority | - |
| Bettakote Doc | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Building Plan | - |
| 01 Site Plan | - |
| Unnamed document | - |
| Balance Sheet 2019 - 2020File: Balance Sheet 2019-20.pdf | - |
| Balance Sheet 2018 - 2019File: Balance Sheet 2018-19.pdf | - |
| Balance Sheet 2017 - 2018File: Balance Sheet 2017-18.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: P & L Account 2019-20.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: P & L Account 2018-19.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: P & L Account 2017-18.pdf | - |
| Director's Report 2019 - 2020File: Directors Report 2019-20.pdf | - |
| Director's Report 2018 - 2019File: Directors Report 2018-19.pdf | - |
| Director's Report 2017 - 2018File: Directors Report 2017-18.pdf | - |
| Cash Flow Statement 2019 - 2020File: Cash Flow 2019-20.pdf | - |
| Cash Flow Statement 2018 - 2019File: Cash Flow 2018-19.pdf | - |
| Auditor's Report 2019 - 2020File: Auditors Report 2019-20.pdf | - |
| Auditor's Report 2018 - 2019File: Auditors Report 2018-19.pdf | - |
| Auditor's Report 2017 - 2018File: Auditors Report 2017-18.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR 18-19.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR 17-18.pdf | - |
| Form B | - |
| Prospectus/BrochureFile: Brouchure.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1250_303_PR_201222_003761.xlsx | - |
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Builder: MF FARMLANDS PRIVATE LIMITED
MF FARMLANDS PRIVATE LIMITED has 3 registrations on RERA Karnataka, including MVN AERO ONE TOWER 4 and MVN AERO ONE T5 & T6. Its filings declare 2 earlier projects, none of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if MVN Aero One Phase 1 is delayed beyond 31 Jul 2025?
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 MVN Aero One Phase 1?
The registered promoter entity is MF FARMLANDS PRIVATE LIMITED, a company as per the filing. Its CIN U01403DL2011PTC213599 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 MVN Aero One Phase 1?
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 MVN Aero One Phase 1?
The professionals named in the filing: Architect: InFORM Architects; Engineer: Rajendra Kumar Bhola; Engineer: Innotech Engineering Consult (P) Limited. 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 MVN Aero One Phase 1?
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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