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Registration approved Residential/Group Housing project

NVT Life Square

By NVT Quality Lifestyle Projects Pvt. Ltd.

RG-KA-39338 · RERA PRM/KA/RERA/1251/446/PR/171014/000325

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
Jun 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 73 documents Report an error

NVT Life Square is a Residential/Group Housing project by NVT Quality Lifestyle Projects Pvt. Ltd. in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171014/000325 on 14 Oct 2017. Possession is promised by 30 Jun 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameNVT Life Square
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/171014/000325
  • ReraGenie IDRG-KA-39338

Builder

  • NameNVT Quality Lifestyle Projects Pvt. Ltd.
  • Entity typeCompany
  • Authorized SignatoryVivek Garg
  • DirectorNitin Garg
  • Other registrations1 more →
  • Declared earlier projects4 →

Key dates

this monthRegisteredOct 2017First promiseSep 2020Revised toJun 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on14 Oct 2017
  • Promised completion30 Jun 2021
  • Revised completionRevised to 30 Jun 2021 (originally 30 Sep 2020)
  • Buildings1 building record
  • Documents filed73 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Villas---66066

The full filing

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

Construction progress by building1

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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesNoNot applicable
LiftsNoNot applicable
Staircases and Lift lobbies, corridor,lobbies, corridorNoNot applicable
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceNoNot applicable
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes-

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 area19,366 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 32.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectRSP DESIGN CONSULTANTS
EngineerDesign Tree

Extensions applied for1

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

ExtensionSep 2020 → Jun 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed73

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/1251/446/PR/171014/000325 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 Incorporation- NVTQLS.pdf-
Commencement Certificate-
Scan-2 building plan-
Scan-
Performa for Sale Deed-
Agreement to Sell-NVT LIFE SQUARE_RERA-
Scan-
Section and Specification-
Partition Deed, RTC & Mutation-
Scan r 6-
Scan r 6-
Performa of Allotment Letter-
Brochure2-
NOC- KSOCB-
Specifications_Lifesquare_v1-
EC-1-4-2017 to 7-6-2017-
Khatha Certificate and Extract and Amalgamation-
JDA-
Advocate Legal Opinion-
Conversion all survey no (1)-
APPROVAL OR NOC U SEC 14 OF KTCP ACT-
UTITLISATION CERTIFICATE-
TRANSFER OF DEVELOPMENT RIGHTS CERTIFICATE-
RELINQUISHMENT DEED-
FIRE DEPARTMENT-
AIRPORT AUTHORITY-
BESCOM-
Receipt -BWSSB-
NOC- KSOCB-
SEIAA-
BSNL-
NOC IN CASE OF BUILDING PROPOSALS ABUTTING TO NEIGHBOURING PROEPRTIES-
Unnamed document-
URBAN LAND CEILING-
BMRCL-
BANGALORE ARTS COMMISSION-
INPECTOR OF FACTORIES CONTRLLER OF EXPLOSIVES RAILWAYSINSPECTOR OF FACTORIES CONTROL OF EX-
DISTRICT MAGISTRATE-
COASTAL REGULATION ZONE AUTHORITY-
CERTIFICATE FROM REGENG OR STRUCTURAL SAFETY-
Section Drawings for Villa Group Housing-
Balance Sheet 2015 - 2016File: NVTQLSPL 2016.pdf-
Balance Sheet 2014 - 2015File: NVTQL Latest Finance Statements latest.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet NVTQL FY 13-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: NVT Auditor Report 1516.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Audit Report 1415.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Auditor Report 1314.pdf-
Director's Report 2015 - 2016File: Directorreport15_16.pdf-
Director's Report 2014 - 2015File: Director Report F Y 1415.pdf-
Director's Report 2013 - 2014File: Notice & Directors Report 1314.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement.pdf-
Cash Flow Statement 2014 - 2015File: Cash Flow Statement.pdf-
Auditor's Report 2015 - 2016File: NVT Auditor Report 1516.pdf-
Auditor's Report 2014 - 2015File: Audit Report 1415.pdf-
Auditor's Report 2013 - 2014File: Auditor Report 1314.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: NVT QUALITY LIFESTYLE PROJECTS PRIVATE LIMITED_13-Oct-2016_493652511.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: NVT QUALITY LIFESTYLE PROJECTS PRIVATE LIMITED_30-Sep-2015_836333881.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: NVT QUALITY LIFESTYLE PROJECTS PRIVATE LIMITED_30-Sep-2014_377586941.pdf-
Sample-
Prospectus/BrochureFile: NVT Life Square Brochure.pdf-
Advertisement Copy 1File: Lifesquare Advertisement.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_171014_000325.xlsx-
Stability CertificateFile: Stability certifcate.pdf-
Occupancy CertificateFile: Occupancy Certificate.pdf-
Consent for operation issued by KSPCBFile: KSPCB - NOC.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: BESCOM NOC.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: BESCOM NOC.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: Occupancy Certificate.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: Desp of water supply and STP.pdf-
Architect certificate for having completed the work(in format no 5)File: Form 6 - Architect Certificate.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4 - CA certificate.PDF-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Completion Affidavit.pdf-
Engineer certificateFile: Engineer certificate.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
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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Builder: NVT Quality Lifestyle Projects Pvt. Ltd.

NVT Quality Lifestyle Projects Pvt Ltd has 2 registrations on RERA Karnataka, including NVT MYSTIC GARDEN PHASE 2 and NVT Life Square. Its filings declare 4 earlier projects, 3 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if NVT Life Square is delayed beyond 30 Jun 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 NVT Life Square?

The registered promoter entity is NVT Quality Lifestyle Projects Pvt. Ltd., a company 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 NVT Life Square?

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 NVT Life Square?

The professionals named in the filing: Architect: RSP DESIGN CONSULTANTS; Engineer: Design Tree. 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 NVT Life Square?

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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