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OPTIMUM SUN VALLEY PHASE 1
RG-KA-64698 · RERA PRM/KA/RERA/1254/465/PR/270922/005270 · Last updated on RERA Karnataka portal: 16 Sep 2022
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
Saved.
OPTIMUM SUN VALLEY PHASE 1 is a Plotted Development project by OPTIMUM SHELTERS in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/465/PR/270922/005270 on 27 Sep 2022. Possession is promised by 31 Dec 2024.
At a glance
Project
- NameOPTIMUM SUN VALLEY PHASE 1
- TypePlotted Development
- Location
- Sidlaghatta
- Chikkaballapura
- PincodeNot stated
- RERA no.PRM/KA/RERA/1254/465/PR/270922/005270
- ReraGenie IDRG-KA-64698
Builder
- NameOPTIMUM SHELTERS
- Entity typePartnership Firm
- Authorized SignatoryLokesh.V
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on27 Sep 2022
- Promised completion31 Dec 2024
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed115 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
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 |
|---|---|---|
| OPTIMUM SHELTERS | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 4.89 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Vimal Kumar Shetty.B |
| Chartered Accountant | POONACHA and CO |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed115
As listed on the registration, under the names the promoter filed them with; the newest 80 of 115 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1254/465/PR/270922/005270 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Supplementary Partnership DeedFile: Supplementary Partnership Deed.pdf | 16 Sep 2022 |
| Supplementary Partnership DeedFile: Supplementary Partnership Deed.pdf | 9 Sep 2022 |
| CA Certificate with RERA Bank Account NumberFile: CA Certificate Form 1.pdf | 3 Aug 2022 |
| RERA Bank Account Statement and Confirmation - As per Bank CircularFile: Confirmation OPTIMUM SHELTERS RERA DESIGNATED ACCOUNT FOR OPTIMUM SUN VALLEY PHASE 1.pdf | 3 Aug 2022 |
| Advocate Search ReportFile: Advocate Search Report.pdf | 3 Aug 2022 |
| MR for Sy No 73/4File: Sy No 73-4 MR H5.pdf | 3 Aug 2022 |
| MR for Sy No 74/3AFile: Sy No 74-3A MR H4.pdf | 3 Aug 2022 |
| MR for Sy No 74/3BFile: Sy No 74-3B MR H7.pdf | 3 Aug 2022 |
| P and L Balance Sheet with CA UIDN 2019-20File: Financial 2019-20 with CA UDIN.pdf | 12 Jul 2022 |
| P and L Balance Sheet with CA UIDN 2020-21File: Financial 2020-21 with CA UDIN.pdf | 12 Jul 2022 |
| Mutation for All Survey NumbersFile: MR All Survey Numbers.pdf | 12 Jul 2022 |
| Form BFile: Form B.pdf | 12 Jul 2022 |
| Non Litigation AffidavitFile: Affidavit Non Litigation.pdf | 12 Jul 2022 |
| AffidavitFile: Affidavit 3-1.pdf | 12 Jul 2022 |
| Sale agreement ProformaFile: RERA Sale Agreement Proforma.pdf | 12 Jul 2022 |
| Village Map DemarcationFile: Village Map Demarcation.pdf | 12 Jul 2022 |
| Water NOC Fees Paid receiptFile: Water NOC Charges Receipt .pdf | 12 Jul 2022 |
| BESCOM NOC Fees paid receiptFile: BESCOM NOC Fees Receipt.pdf | 12 Jul 2022 |
| STP Demarcation Layout PlanFile: DTCP Layout Plan for STP.pdf | 12 Jul 2022 |
| Conversion Order Sy No 73/4File: Sy No 73-4 Conversion Order.pdf | 12 Jul 2022 |
| Financials - 2020-21File: Financial 2020-21.pdf | 11 Jun 2022 |
| Sub Registrar Guidance ValueFile: Sub Registrar Certified Copy - Guideline value.pdf | 11 Jun 2022 |
| CA CertificateFile: Form 1 - CA Certificate.pdf | 11 Jun 2022 |
| Engineer CertificateFile: Engineer CERTIFICATE - FORM 3_compressed.pdf | 11 Jun 2022 |
| Architect CertificateFile: Architect certificate - FORM 2.pdf | 11 Jun 2022 |
| Allotment Letter and BrochureFile: Allotment Letter and Brouchure.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 74/1BFile: Sale Deed - Sy No 74-1B.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 74/2File: Sale Deed for Sy No -74-2.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 76/6File: Sale Deed Sy no 76-6 Old No 76-1.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 74/3B1File: Sale Deed - Sy No 74-3B1.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 76/3File: Sale Deed 76-3 Old No 76-1.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 74/3BFile: Sale Deed - Sy No 74-3B.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 74/1AFile: Sale Deed - Sy No 74-1A.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 73/4File: Sale Deed - Sy No 73-4.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 74/3AFile: Sale Deed Sy No 74-3A.pdf | 11 Jun 2022 |
| Sale Deed For Survey No 79/3File: Sale Deed Sy No 79-3 Old No 79-2.pdf | 11 Jun 2022 |
| EC from 2004 to till date for All Survey NumbersFile: EC From 2004 to till date.pdf | 11 Jun 2022 |
| MutationFile: Mutation.pdf | 11 Jun 2022 |
| Conversion Order for All Survey NumbersFile: Conversion Order for All sy nos.pdf | 11 Jun 2022 |
| RTC for All Survey NumbersFile: RTC For All Sy Nos Latest.pdf | 11 Jun 2022 |
| RTC, survey 79/3 | - |
| Mutation, survey 79/3 | - |
| Encumbrance Certificate, survey 79/3 | - |
| Conversion/Alienation Order, survey 79/3 | - |
| Sale/Title/Gift Deed, survey 79/3 | - |
| Khatha, survey 79/3 | - |
| Registration CertificateFile: Partnership Register Certificate.pdf | - |
| Partnership DeedFile: Partnership Register Certificate.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form 1 - CA Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Engineer CERTIFICATE - FORM 3_compressed.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Affidavit Non Litigation.pdf | - |
| Certificate from Chartered AccountFile: Form 1 - CA Certificate.pdf | - |
| Certificate issued by ArchitectFile: Architect certificate - FORM 2.pdf | - |
| Balance Sheet 2020 - 2021File: ITR 2021-22.pdf | - |
| Balance Sheet 2019 - 2020File: ITR 2020-21.pdf | - |
| Balance Sheet 2018 - 2019File: ITR 2019-20.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: ITR 2021-22.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: ITR 2020-21.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: ITR 2019-20.pdf | - |
| Cash Flow Statement 2020 - 2021File: ITR 2021-22.pdf | - |
| Cash Flow Statement 2019 - 2020File: ITR 2020-21.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 2020-21.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR 2019-20.pdf | - |
| NOC - Electricity supply from BESCOM | - |
| NOC - Water supply form Panchayath | - |
| Singel Layout Plan | - |
| Partnership Deed 1-Optimum | - |
| Single Layout Plan Technical Approval | - |
| Singel Layout Plan | - |
| Amenities - Optimum Sun Valley Phase I | - |
| Sale deed Sy No 74-2-1-36 | - |
| EC Sy No 74-1B | - |
| relinquishment Deed | - |
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Builder: OPTIMUM SHELTERS
OPTIMUM SHELTERS has 1 registration on RERA Karnataka, including OPTIMUM SUN VALLEY PHASE 1. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Chikkaballapura district page.
Frequently asked questions
What are my rights if OPTIMUM SUN VALLEY PHASE 1 is delayed beyond 31 Dec 2024?
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 OPTIMUM SUN VALLEY PHASE 1?
The registered promoter entity is OPTIMUM SHELTERS, 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 OPTIMUM SUN VALLEY 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 OPTIMUM SUN VALLEY PHASE 1?
The professionals named in the filing: Engineer: Vimal Kumar Shetty.B; Chartered Accountant: POONACHA and 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 OPTIMUM SUN VALLEY 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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