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POONAM NAGAR
By VAGATAVARMAL GHEVARCHAND PAREKH HUF
RG-KA-77008 · RERA PRM/KA/RERA/1275/448/PR/200103/003100 · Last updated on RERA Karnataka portal: 28 Dec 2019
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.
POONAM NAGAR is a Plotted Development project by VAGATAVARMAL GHEVARCHAND PAREKH HUF in Vijayapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1275/448/PR/200103/003100 on 3 Jan 2020. Possession is promised by 9 Aug 2020.
At a glance
Project
- NamePOONAM NAGAR
- TypePlotted Development
- Location
- Bijapur
- Vijayapura
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1275/448/PR/200103/003100
- ReraGenie IDRG-KA-77008
Builder
- NameVAGATAVARMAL GHEVARCHAND PAREKH HUF
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on3 Jan 2020
- Promised completion9 Aug 2020
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed42 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.
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 partners1
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | RAVIKUMAR BADIGER |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed42
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/1275/448/PR/200103/003100 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Section 3 (1) AffidavitFile: Sy No 99 Affidavit.pdf | 28 Dec 2019 |
| Layout Plan Sanction LetterFile: TECHNICAL SANCTION LETTER.pdf | 28 Dec 2019 |
| WORK ORDER | - |
| LAYOUT MAP | - |
| LAYOUT MAP | - |
| SALE DEED | - |
| SALE DEED | - |
| sale deed rtc | - |
| 2 | - |
| LAYOUT MAP | - |
| SPECIFICATION | - |
| - | |
| - | |
| DC OFF | - |
| NA COPY | - |
| Unnamed document | - |
| DC OFF-1 | - |
| LAYOUT MAP | - |
| NA COPY | - |
| ADVOCATE | - |
| Balance Sheet 2017 - 2018File: 1.jpeg | - |
| Balance Sheet 2016 - 2017File: 1.jpeg | - |
| Balance Sheet 2015 - 2016File: 1.jpeg | - |
| Audited Profit and Loss Statement 2017 - 2018File: 2.jpeg | - |
| Audited Profit and Loss Statement 2016 - 2017File: 2.jpeg | - |
| Audited Profit and Loss Statement 2015 - 2016File: 2.jpeg | - |
| Director's Report 2017 - 2018File: 3.jpeg | - |
| Director's Report 2016 - 2017File: 3.jpeg | - |
| Director's Report 2015 - 2016File: 3.jpeg | - |
| Cash Flow Statement 2017 - 2018File: 4.jpeg | - |
| Cash Flow Statement 2016 - 2017File: 4.jpeg | - |
| Auditor's Report 2017 - 2018File: 5.jpeg | - |
| Auditor's Report 2016 - 2017File: 5.jpeg | - |
| Auditor's Report 2015 - 2016File: 5.jpeg | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR 2017-18.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR 17-18.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR 2016-17.pdf | - |
| FORM B | - |
| Occupancy CertificateFile: Completion Certificate.pdf | - |
| Completion certificateFile: Completion Certificate.pdf | - |
| Registered Agreement of SaleFile: Completion Certificate.pdf | - |
| Registered conveyance deed for an individual unitFile: Completion Certificate.pdf | - |
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Computed across the 56 Vijayapura projects on ReraGenie, from their own filings.
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Builder: VAGATAVARMAL GHEVARCHAND PAREKH HUF
VAGATAVARMAL GHEVARCHAND PAREKH HUF has 1 registration on RERA Karnataka, including POONAM NAGAR. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayapura district page.
Frequently asked questions
What are my rights if POONAM NAGAR is delayed beyond 9 Aug 2020?
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 POONAM NAGAR?
The registered promoter entity is VAGATAVARMAL GHEVARCHAND PAREKH HUF. 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 POONAM NAGAR?
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 POONAM NAGAR?
The professionals named in the filing: Engineer: RAVIKUMAR BADIGER. 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 POONAM NAGAR?
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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