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Risaldar Colony
RG-KA-72314 · RERA PRM/KA/RERA/1275/448/PR/200323/003376 · Last updated on RERA Karnataka portal: 6 Mar 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.
Risaldar Colony is a Plotted Development project by V G Parekh and Co in Vijayapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1275/448/PR/200323/003376 on 23 Mar 2020. Possession is promised by 28 Feb 2020.
At a glance
Project
- NameRisaldar Colony
- TypePlotted Development
- Location
- Bijapur
- Vijayapura
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1275/448/PR/200323/003376
- ReraGenie IDRG-KA-72314
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on23 Mar 2020
- Promised completion28 Feb 2020
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed54 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 |
|---|---|---|
| Aijaz Ahmed Risaldar | - | - |
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed54
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/200323/003376 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| EC In Form No 15 In The name of V G Parekh and Co for 15 YearsFile: EC IN FORM 15.pdf | 6 Mar 2020 |
| EC In Form No 16 In The name of V G Parekh and Co for 15 YearsFile: EC IN FORM 16.pdf | 6 Mar 2020 |
| EC 15 YEARS TO TILL DATE IN FORM 15 WITH PROMOTER NAMEFile: E C 15 YEARS.pdf | 24 Feb 2020 |
| TECHNICAL SANCTION LETTERFile: Technical sanction letter.pdf | 24 Feb 2020 |
| PLAN SANCTIONED DURING 06-09-2010File: PLAN 06-09-2010.jpeg | 24 Feb 2020 |
| AS WE HAVE GIVEN APPLICATION FOR NOC FROM WATER BOARD.File: Application for NOC from Water Board.pdf | 24 Feb 2020 |
| NOC from Local Power Supply, as it will take time for 1 week.File: APPLIED.pdf | 24 Feb 2020 |
| Final Sanctioned Plan issued by the planning authority.File: FINAL SANCTIONED PLAN BY PLANNING AUTHORITY.pdf | 24 Feb 2020 |
| UDIN Number in Balance Sheet for the year 2019-20File: 18-19 BS.pdf | 3 Feb 2020 |
| UDIN Number in Profit and Loss Account for the year 2019-20File: 18-19 PL.pdf | 3 Feb 2020 |
| Self Attested PanFile: SELF ATTESTED PAN.pdf | 3 Feb 2020 |
| Designated Account bank statementFile: Bank Account Statement.pdf | 3 Feb 2020 |
| Sale deed is not matching with survey number mentioned in plan.File: ANSWER.pdf | 3 Feb 2020 |
| Purchase deed has been enclosed for the query of sale deed not matching with sy no mentioned.File: PURCHASE DEED.pdf | 3 Feb 2020 |
| Vatni Patra has been enclosed for the query of sale deed not matching with sy no mentioned.File: VATNI PATRA.pdf | 3 Feb 2020 |
| Form 12 has been enclosed for the query of how the sy no 46/4 has changed to sy no 46/*/3.File: FORM 12.pdf | 3 Feb 2020 |
| KJP plan has been enclosed for the query of how the sy no 46/*/3 changed to 46/CFile: KJP PLAN.pdf | 3 Feb 2020 |
| Notarized form-B and Notarized joint affidavit cum declarationFile: Notarized From-B Affidavit with declaration.pdf | 3 Feb 2020 |
| Land cost as per sub registrar market value.File: MARKET VALUE.pdf | 3 Feb 2020 |
| Sanctioned valid planFile: KJP PLAN.pdf | 3 Feb 2020 |
| Technical sanction letterFile: Technical sanction letter.pdf | 3 Feb 2020 |
| valid planFile: KJP PLAN.pdf | 3 Feb 2020 |
| Completion CertificateFile: Completation Certificate.pdf | 3 Feb 2020 |
| CertificateFile: PAGE 1.jpeg | - |
| Commencement Certificate | - |
| MAP | - |
| MAP | - |
| SALE DEED AND RTC | - |
| MAP | - |
| MAP | - |
| MAP | - |
| EC | - |
| DEVELOPMENT AGREEMENT | - |
| GPA | - |
| N A ORDER | - |
| Unnamed document | - |
| MAP | - |
| MAP | - |
| Balance Sheet 2018 - 2019File: 18-19.jpeg | - |
| Balance Sheet 2017 - 2018File: 17-18.jpg | - |
| Balance Sheet 2016 - 2017File: 16-17.jpg | - |
| Audited Profit and Loss Statement 2018 - 2019File: 18-19.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: 17-18.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: 16-17.pdf | - |
| Auditor's Report 2018 - 2019File: 18-19.pdf | - |
| Auditor's Report 2017 - 2018File: 17-18.pdf | - |
| Auditor's Report 2016 - 2017File: 16-17.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: 18-19.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: 17-18.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: 16-17.pdf | - |
| Prospectus/BrochureFile: BROCHER.pdf | - |
| Advertisement Copy 1File: BROCHER.pdf | - |
| Plot Excel SheetFile: PRM_KA_RERA_1275_448_PR_200323_003376.xlsx | - |
| Completion certificateFile: Completation Certificate-min.pdf | - |
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Builder: V G Parekh and Co
V G Parekh and Co has 5 registrations on RERA Karnataka, including Risaldar Colony and Dhanlaxmi Colony. Its filings declare 2 earlier projects, none of them declared completed. Read the full track record. See more projects on the Vijayapura district page.
Frequently asked questions
What are my rights if Risaldar Colony is delayed beyond 28 Feb 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 Risaldar Colony?
The registered promoter entity is V G Parekh and Co, 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 Risaldar Colony?
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.
What should I check before booking in Risaldar Colony?
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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