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Registration approved Residential/Group Housing project

Signature Apartment

By VASANT CONSTRUCTIONS PRIVATE LIMITED

RG-KA-06058 · RERA PRM/KA/RERA/1274/351/PR/180519/001753

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
Jul 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 44 documents Report an error

Signature Apartment is a Residential/Group Housing project by VASANT CONSTRUCTIONS PRIVATE LIMITED in Uttara Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1274/351/PR/180519/001753 on 19 May 2018. Possession is promised by 31 Jul 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSignature Apartment
  • TypeResidential/Group Housing
  • Location
    • Karwar
    • Uttara Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1274/351/PR/180519/001753
  • ReraGenie IDRG-KA-06058

Builder

  • NameVASANT CONSTRUCTIONS PRIVATE LIMITED
  • Entity typeCompany
  • Authorized SignatoryDINESH VASANTHAN
  • DirectorsKRUNAL ANIL LAXMESHWAR, DINESH VASANTHAN

Key dates

this monthRegisteredMay 2018First promiseOct 2021Revised toJul 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 May 2018
  • Promised completion31 Jul 2022
  • Revised completionRevised to 31 Jul 2022 (originally 31 Oct 2021)
  • Buildings1 building record
  • Documents filed44 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SIGNATURE APARTMENT---2170217

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)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
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 network-
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 conservationNoNot applicable
Energy managementYes-
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 energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolYes-
GymNoNot applicable
ParksNoNot applicable
Power BackupNoNot applicable
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area5,770 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 60.00 cr

Extensions applied for1

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

ExtensionOct 2021 → Jul 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed44

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/1274/351/PR/180519/001753 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.pdf-
Commencement Certificate-
Building Plan-
Approved plan-
Sale deed performa-
Agreement for Sale-
Sale deed & RTC-
Building Plan-
Area Development Plan-
Provisional Allotment Letter Format-
Brochure-
Project specification-
EC-
Khata-
Agreement for Joint Development-
Conversion Order Final-
Approved layout plan-
Section Plan and specification-
Conversion Order Final-
Balance Sheet 2016 - 2017File: Balance Sheet as on 31st March 2017.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet declaration.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet declaration.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit and Loss Statement as on 31st March 2017.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L declaration.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P & L declaration.pdf-
Director's Report 2016 - 2017File: Directors report 31 march 2017.pdf-
Director's Report 2015 - 2016File: Directos Report.pdf-
Director's Report 2014 - 2015File: Directos Report.pdf-
Cash Flow Statement 2016 - 2017File: Cash-Flow Statement 31 march 2017.pdf-
Cash Flow Statement 2015 - 2016File: Cash flow statement declaration.pdf-
Auditor's Report 2016 - 2017File: Auditors Report as on 31st March 2017-.pdf-
Auditor's Report 2015 - 2016File: Auditor’s Report declaration.pdf-
Auditor's Report 2014 - 2015File: Auditor’s Report declaration.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR declaration.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR declaration.pdf-
Form B-
Prospectus/BrochureFile: SIGNATURE BOUCHER (1).pdf-
Advertisement Copy 1File: SIGNATURE BOUCHER (1).pdf-
Tower Excel SheetFile: PRM_KA_RERA_1274_351_PR_180519_001753.xlsx-
Occupancy CertificateFile: OC for Signature.pdf-
Architect certificate for having completed the work(in format no 5)File: Form 6.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: FORM -4 CC.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit cum declaration form RERA Completion.pdf-

How this compares with Uttara Kannada

22%of Uttara Kannada projects moved their completion datethis one moved by 9 months
0%of Uttara Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 100+ Uttara Kannada projects on ReraGenie, from their own filings.

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Builder: VASANT CONSTRUCTIONS PRIVATE LIMITED

VASANT CONSTRUCTIONS PRIVATE LIMITED has 1 registration on RERA Karnataka, including Signature Apartment. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Uttara Kannada district page.

Frequently asked questions

What are my rights if Signature Apartment is delayed beyond 31 Jul 2022?

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 Signature Apartment?

The registered promoter entity is VASANT CONSTRUCTIONS PRIVATE LIMITED, 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 Signature Apartment?

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 Signature Apartment?

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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