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Registration approved No litigation declared Plotted Development project

NIVARA VIENTO

By NIVARA GROUP

RG-KA-67062 · RERA PRM/KA/RERA/1251/309/PR/290323/005826 · Last updated on RERA Karnataka portal: 20 Mar 2023

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
Dec 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 129 documents Report an error

NIVARA VIENTO is a Plotted Development project by NIVARA GROUP in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/290323/005826 on 29 Mar 2023. Possession is promised by 31 Dec 2023.

At a glance

Project

  • NameNIVARA VIENTO
  • TypePlotted Development
  • Location
    • Bengaluru North
    • Bengaluru Urban
    • 562163
  • Pincode562163
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/290323/005826
  • ReraGenie IDRG-KA-67062

Builder

  • NameNIVARA GROUP
  • Entity typePartnership Firm
  • Authorized SignatoryHARSHA VARDHAN REDDY B

Key dates

this monthRegisteredMar 2023PromisedDec 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Mar 2023
  • Promised completion31 Dec 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed129 files

The full filing

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

Land and ownership6

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners6
LandownerVillageDistrict
Indumathi P--
PVSS Gopalakrishnaraju--
P Jyothi--
P Ashok Raju--
Nivara Group--
Nivara Group--

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 9.50 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 5.00 cr-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 2.04 cr-
On-site expenditure-Salaries of workersRs 1.00 cr-
On-site expenditure-Site OverheadRs 1.00 cr-
On-site expenditure-Consultants FeesRs 25.00 lakh-
Payment of taxesRs 5.00 lakh-
Payment of cessRs 5.00 lakh-
Payment of chargesRs 5.00 lakh-
Payment of PremiumsRs 5.00 lakh-
Payment of feesRs 1.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerSiva Kumar V
Chartered AccountantJ Seshachalapathi & Co

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed129

As listed on the registration, under the names the promoter filed them with; the newest 80 of 129 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/290323/005826 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Conversion order for Sy No.73/1File: 73-1 Conversion Order.pdf20 Mar 2023
Conversion order for Sy No.73/19File: 73-19 Conversion Order.pdf20 Mar 2023
Conversion order for Sy No.73/20File: 73-20 Conversion Order.pdf20 Mar 2023
Conversion order for Sy No.73/21File: 73-21 Conversion Order.pdf20 Mar 2023
Conversion order for Sy No.74/16File: 74-16 Conversion Order.pdf20 Mar 2023
Conversion order for Sy No.74/5File: 75-5 Conversion Order.pdf20 Mar 2023
All Conversion OrdersFile: Conversion Order for Sy No 73 Series.pdf20 Mar 2023
profit and loss account and balance sheet, 2021-22 with CA UDINFile: P&L and Balance Sheet.pdf14 Mar 2023
ources of funds to complete the projectFile: Sources of funds details.pdf14 Mar 2023
conversion orders-1File: Conversion Order.pdf14 Mar 2023
Sale deed-1File: Sale deed.pdf14 Mar 2023
registered JDAFile: Registered JDA.pdf14 Mar 2023
joint affidavit cum declarationFile: Joint Affidavit.pdf14 Mar 2023
ECFile: EC's.pdf14 Mar 2023
proforma Allotment letterFile: ALLOTMENT LETTER.pdf14 Mar 2023
Engineer certificate form-3File: Engineers Certificate.pdf14 Mar 2023
proforma agreement for saleFile: Proforma Sale Agreement - Nivara Viento-as per GOK.pdf14 Mar 2023
Sale deed-2File: Sale deed-1.pdf14 Mar 2023
Conversion Order-2File: Conversion Order-1.pdf14 Mar 2023
Account StatementFile: Scanned Copy of Account Statement Nivara.pdf14 Mar 2023
Phodi-1File: Phodi-1.pdf14 Mar 2023
Phodi-2File: Phodi-2.pdf14 Mar 2023
HissaFile: Hissa - Sy no 73 and 74.pdf14 Mar 2023
Chartered accountant certificate in prescribed format form -01File: Ca Certificate in Form - 01.pdf3 Mar 2023
profit and loss account and balance sheet, 2019-20 ,2020-21 & 2021-22 with CA UDIN along with scheduFile: P&L and Balance Sheet.pdf3 Mar 2023
Bank account name should be as per bank account direction circularFile: Bank Acc Statement as per RERA.pdf3 Mar 2023
need sale deed from RTC land owner to conversion land ownerFile: Sale deed Sy No 74 5.pdf3 Mar 2023
need sale deed from RTC land owner to conversion land ownerFile: Sale deed Sy No 74 16.pdf3 Mar 2023
JDA joint affidavit in rera formatFile: Joint Affidavit.pdf3 Mar 2023
ec from 01-04-2005 to upto date in form 15File: EC's in For, 15.pdf3 Mar 2023
need notarized form BFile: Form-B.pdf3 Mar 2023
Sub-registrar regarding value of the property on the basis of guidance valueFile: SRO letter on Guideline Value.pdf3 Mar 2023
Non- litigation affidavitFile: Non-Litigation Affidavit.pdf3 Mar 2023
hissa phody copyFile: Hissa - Sy no 73 and 74.pdf3 Mar 2023
akarbandFile: Aakarbandh.pdf3 Mar 2023
akarband -2File: Aakarbandh-2.pdf3 Mar 2023
survey sketchFile: Survry Sketch.pdf3 Mar 2023
survey sketch - 2File: Survey Sketch-2.pdf3 Mar 2023
Clear and legible Approved layout planFile: Sanctioned Plan Layout with STP demarcation.pdf3 Mar 2023
CDP map showing the proposed siteFile: CDP map showing proposed site.pdf3 Mar 2023
Engineer certificateFile: Engineers Certificate.pdf3 Mar 2023
project Engineer registered license certificateFile: Engineers License Certificate.pdf3 Mar 2023
proforma of Agreement for Sale(AFS)File: Profarma Sale Agreement - Nivara Viento.pdf3 Mar 2023
Allotment letterFile: ALLOTMENT LETTER.pdf3 Mar 2023
STP/Septic Tank, Soak pitFile: Sanctioned Plan Layout with STP demarcation.pdf3 Mar 2023
Bescom NOCFile: BESCOM NOC.pdf9 Feb 2023
HissaFile: Hissa - Sy no 73 and 74.pdf9 Feb 2023
Re const parternship deedFile: Re Const Partnership Deed.pdf9 Feb 2023
Balance sheetFile: P&L and Balance Sheet - 2021-22.pdf9 Feb 2023
P & LFile: P&L and Balance Sheet - 2021-22.pdf9 Feb 2023
Village MAPFile: Village Map -Adde Vishwanathapura.pdf9 Feb 2023
sketchFile: Sketch_16-02-2022 (1).pdf9 Feb 2023
SketchFile: Sketch_16-02-2022.pdf9 Feb 2023
Water Supply NOCFile: Water supply and Panchayat NOC.pdf9 Feb 2023
AkarbandFile: Akarbandh.jpeg9 Feb 2023
akarbndFile: Akarbandh-1.jpeg9 Feb 2023
Contractor detailsFile: Contractor details.jpeg9 Feb 2023
Agreement of saleFile: Draft Sale Agreement - Nivara Viento.pdf9 Feb 2023
Sale deedFile: RERA - Sale deed -Nivara Viento.pdf9 Feb 2023
AffidavitFile: Form-B.pdf9 Feb 2023
Sec 3 AffidavitFile: Under Section 3(1).pdf9 Feb 2023
Joint AffidavitFile: Joint Affidavit.pdf9 Feb 2023
RTC, survey 73/1-
Mutation, survey 73/1-
Encumbrance Certificate, survey 73/1-
Conversion/Alienation Order, survey 73/1-
JDA, survey 73/1-
Khatha, survey 73/1-
RTC, survey 73/19-
Mutation, survey 73/19-
Encumbrance Certificate, survey 73/19-
Conversion/Alienation Order, survey 73/19-
JDA, survey 73/19-
Khatha, survey 73/19-
RTC, survey 73/20-
Mutation, survey 73/20-
Encumbrance Certificate, survey 73/20-
Conversion/Alienation Order, survey 73/20-
JDA, survey 73/20-
Khatha, survey 73/20-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmNIVARA VIENTOOther 12Dot size: filed unitsN

Filed coordinates, straight-line distance. 12 registered projects within 2 km.

Builder: NIVARA GROUP

NIVARA GROUP has 1 registration on RERA Karnataka, including NIVARA VIENTO. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if NIVARA VIENTO is delayed beyond 31 Dec 2023?

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 NIVARA VIENTO?

The registered promoter entity is NIVARA GROUP, 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 NIVARA VIENTO?

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 NIVARA VIENTO?

The professionals named in the filing: Engineer: Siva Kumar V; Chartered Accountant: J Seshachalapathi & Co. 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 NIVARA VIENTO?

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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