ReraGenieLog inGet a buyer report

Home / Browse projects / Vijayapura, Karnataka / Spectra City

Registration approved Plotted Development project

Spectra City

By Vijay Mehta

RG-KA-16733 · RERA PRM/KA/RERA/1275/448/PR/171215/000930

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
Jul 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 60 documents Report an error

Spectra City is a Plotted Development project by Vijay Mehta in Vijayapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1275/448/PR/171215/000930 on 15 Dec 2017. Possession is promised by 31 Jul 2018.

At a glance

Project

  • NameSpectra City
  • TypePlotted Development
  • Location
    • Bijapur
    • Vijayapura
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1275/448/PR/171215/000930
  • ReraGenie IDRG-KA-16733

Builder

  • NameVijay Mehta

Key dates

this monthRegisteredDec 2017PromisedJul 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Dec 2017
  • Promised completion31 Jul 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed60 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.

Land area23,876 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 1.20 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed60

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/171215/000930 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Commencement letter-
25 KGP Sheet-
25-BDA and MAP-
Sale Deed-Draft-Vijapur V-
Model Sale Agreement-for plotting - V-
RTC-
25 KGP Sheet-
RTC-
Allotment letter-
Brochure-
NOC'S-
Project Specification-
25-EC-
RTC-
RTC-
NA ORDER-
NOC'S-
Non Apllicable Letter-
Non Apllicable Letter-
Relinquishment Deed-
Non Apllicable Letter-
Non Apllicable Letter-
Non Apllicable Letter-
Non Apllicable Letter-
Non Apllicable Letter-
Non Apllicable Letter-
Non Apllicable Letter-
Unnamed document-
Non Apllicable Letter-
Non Apllicable Letter-
Non Apllicable Letter-
NA ORDER-
Non Apllicable Letter-
Non Apllicable Letter-
Non Apllicable Letter-
Balance Sheet 2015 - 2016File: BSheet 15-16.pdf-
Balance Sheet 2014 - 2015File: 14-15.pdf-
Balance Sheet 2013 - 2014File: BSheet 13-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: PandL 15-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: PandL 14-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: PandL 13-14.pdf-
Director's Report 2015 - 2016File: Director's report.pdf-
Director's Report 2014 - 2015File: Director's report.pdf-
Director's Report 2013 - 2014File: Director's report.pdf-
Cash Flow Statement 2015 - 2016File: Cash flow statement.pdf-
Cash Flow Statement 2014 - 2015File: Cash flow statement.pdf-
Auditor's Report 2015 - 2016File: Auditor's Report 25.pdf-
Auditor's Report 2014 - 2015File: Auditor's Report 25.pdf-
Auditor's Report 2013 - 2014File: Auditor's Report 25.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 15-16 ITR.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 14-15 ITR.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 13-14 ITR.pdf-
Form B Affidavit of Vijay Mehta-
Prospectus/BrochureFile: 25 B.pdf-
Advertisement Copy 1File: 25 B.pdf-
Plot Excel SheetFile: 25.xlsx-
Occupancy CertificateFile: 25 O C copy.pdf-
Completion certificateFile: 25 C C Copy.pdf-
Registered Agreement of SaleFile: 25 Agrement Of sale.pdf-
Registered conveyance deed for an individual unitFile: 25 Conveyance Deed.pdf-

How this compares with Vijayapura

21%of Vijayapura projects moved their completion datethis one has not
0%of Vijayapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 56 Vijayapura projects on ReraGenie, from their own filings.

Keep Spectra City on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Vijayapura56 in Vijayapura

Builder: Vijay Mehta

Vijay Mehta has 1 registration on RERA Karnataka, including Spectra City. 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 Spectra City is delayed beyond 31 Jul 2018?

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 Spectra City?

The registered promoter entity is Vijay Mehta. 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 Spectra City?

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 Spectra City?

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.

Report an error Share feedback

Report an error or share feedback

About Spectra City. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save Spectra City to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.