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Registration approved Plotted Development project

The Hexagon

By M/S Vaasa Ventures

RG-KA-00794 · RERA PRM/KA/RERA/1259/410/PR/171026/000791

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
Oct 2019Possession promisedno revision filed
1Complaints at RERA Karnatakaon this registration
Jump to the 42 documents Report an error

The Hexagon is a Plotted Development project by M/S Vaasa Ventures in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/410/PR/171026/000791 on 26 Oct 2017. Possession is promised by 30 Oct 2019. 1 complaint is on record with the regulator.

At a glance

Project

  • NameThe Hexagon
  • TypePlotted Development
  • Location
    • Dharwad
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1259/410/PR/171026/000791
  • ReraGenie IDRG-KA-00794

Builder

  • NameM/S Vaasa Ventures
  • Entity typePartnership Firm
  • Authorized SignatoryN T Sagar

Key dates

this monthRegisteredOct 2017PromisedOct 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 Oct 2017
  • Promised completion30 Oct 2019
  • 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.

Land area404,270 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 12.00 cr

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/210423/0007918-M/S Vaasa Ventures23/04/2021

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/1259/410/PR/171026/000791 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Partnership deed - Vaasa.pdf-
Commencement Certificate 40% Release Order-
Approved Plan-compressed-
Hexagon Approved Plan-
Agreement to Sell Draft-
Agreement to Sell Draft-
Sale Deed Site No 77-
PLOTTING PLAN ATT-1-compressed-
Area plan-
WL - All-
edited_brochure (1)-
DC Conversation Order Copy--
Project Specification-
EC Plot No 77-
Mutation Register - 77, 77 and 78 Bi-
TITLE DEED-
DC Conversation Order Copy-ilovepdf-compressed-
Balance Sheet 2015 - 2016File: BALANCESHEET 15-16.pdf-
Balance Sheet 2014 - 2015File: BALANCESHEET 14-15.pdf-
Balance Sheet 2013 - 2014File: Blank.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L 2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P &L 2014-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Blank.pdf-
Director's Report 2015 - 2016File: Blank.pdf-
Director's Report 2014 - 2015File: Blank.pdf-
Director's Report 2013 - 2014File: Blank.pdf-
Cash Flow Statement 2015 - 2016File: Blank.pdf-
Cash Flow Statement 2014 - 2015File: Blank.pdf-
Auditor's Report 2015 - 2016File: Blank.pdf-
Auditor's Report 2014 - 2015File: Blank.pdf-
Auditor's Report 2013 - 2014File: Blank.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 2015-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR 2014-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: Blank.pdf-
Form B-
Prospectus/BrochureFile: HEXAGON BROCHURE.pdf-
Advertisement Copy 1File: HEXAGON BROCHURE.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1259_410_PR_171026_000791.xlsx-
Occupancy CertificateFile: The Hexagon OC.pdf-
Completion certificateFile: The Hexagon OC.pdf-
Registered Agreement of SaleFile: AFS27 compressed.pdf-
Registered conveyance deed for an individual unitFile: Mr Anup K Phadis Sale Deed_compressed.pdf-

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one has not
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Other projects near Dharwad250+ in Dharwad

2 kmThe HexagonOther 19Dot size: filed unitsN

Filed coordinates, straight-line distance. 19 registered projects within 2 km.

Builder: M/S Vaasa Ventures

M/S Vaasa Ventures has 1 registration on RERA Karnataka, including The Hexagon. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if The Hexagon is delayed beyond 30 Oct 2019?

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 The Hexagon?

The registered promoter entity is M/S Vaasa Ventures, 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 The Hexagon?

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.

How do I read the complaint cases filed against The Hexagon?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

What should I check before booking in The Hexagon?

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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About The Hexagon. 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.

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