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Registration approved Plotted Development project

URBAN VILLAGE

By M/s. Stanch ventures

RG-KA-93333 · RERA PRM/KA/RERA/1251/309/PR/190307/002481

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
Jan 2020Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 47 documents Report an error

URBAN VILLAGE is a Plotted Development project by M/s. Stanch ventures in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/190307/002481 on 7 Mar 2019. Possession is promised by 15 Jan 2020.

At a glance

Project

  • NameURBAN VILLAGE
  • TypePlotted Development
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/190307/002481
  • ReraGenie IDRG-KA-93333

Builder

  • NameM/s. Stanch ventures
  • Entity typePartnership Firm
  • Authorized SignatoryMADIRAJU THEJESH
  • Board MembersRATHNAMALA, MADIRAJU THEJESH
  • OthersSETHURAJU

Key dates

this monthRegisteredMar 2019PromisedJan 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Mar 2019
  • Promised completion15 Jan 2020
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed47 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 area24,282 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 5.00 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed47

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/1251/309/PR/190307/002481 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Registration of firm Certification_Stanch Ventures.pdf-
Commencement Certificate_Stanch Ventures-
Area Development Plan of project area_Stanch Ventures-
Legible approved plan_Stanch Ventures-
Performa of Sale deed_Stanch ventures-
Performa Agreement for Sale_Stanch ventures-
Sale Deed & RTC_Stanch Ventures-
Project Specification_Stanch Ventures-
Area Development Plan of project area_Stanch Ventures-
Proforma of Allotment Letter_Stanch Ventures-
Brochure of Current_NA-
Project Specification_Stanch Ventures-
Encumbrance Certificate_Sy 71_72_73_Stanch Ventures-
Section 3(1)_Notary_Stanch Ventures-
Khatha_Stanch Ventures-
Joint Development & GPA_Stanch Ventures-
Name clarification_seethu raju-
Airport Authority of India NOC_Stanch Ventures-
Existing Land Plan_Stanch Ventures-
Existing Section Plan and specification_Stanch Ventures-
Change of land use_Stanch Ventures-
Legal Research Report_Stanch Ventures-
Balance Sheet 2017 - 2018File: Balance sheet_2018_Stanch Ventures.pdf-
Balance Sheet 2016 - 2017File: Balance sheet_2017_Stanch Ventures.pdf-
Balance Sheet 2015 - 2016File: Balance sheet_2016_Stanch Ventures.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Audited Profit loss statement_2018_Stanch Ventures.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Audited Profit loss statement_2017_Stanch Ventures.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Audited Profit loss statement_2016_Stanch Ventures.pdf-
Director's Report 2017 - 2018File: Directors Report_2018_Stanch Ventures.pdf-
Director's Report 2016 - 2017File: Directors Report_2017_Stanch Ventures.pdf-
Director's Report 2015 - 2016File: Directors Report_2016_Stanch Ventures.pdf-
Cash Flow Statement 2017 - 2018File: Cash Flow Statement_2018_Stanch Ventures.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement_2017_Stanch Ventures.pdf-
Auditor's Report 2017 - 2018File: Auditor Report_2018_Stanch Ventures.pdf-
Auditor's Report 2016 - 2017File: Auditor Report_2017_Stanch Ventures.pdf-
Auditor's Report 2015 - 2016File: Auditor Report_2016_Stanch Ventures.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Income Tax Return _2018_Stanch Ventures.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Income Tax Return_2017_Stanch Ventures.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Income Tax Return_2016_Stanch Ventures.pdf-
Form-B_ Declaration_Stanch Ventures-
Prospectus/BrochureFile: Prospectus_Brochure Declaration.pdf-
Advertisement Copy 1File: Advertisement Copy_Declaration.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1251_309_PR_190307_002481.xlsx-
Occupancy CertificateFile: Urban Village_Completion 100 % Release.pdf-
Completion certificateFile: Urban Village_Completion 100 % Release.pdf-
Registered Agreement of SaleFile: Sale Agreement_Urban Village.pdf-
Registered conveyance deed for an individual unitFile: conveyance deed_Urban Village.jpeg-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmURBAN VILLAGEOther 13Dot size: filed unitsN

Filed coordinates, straight-line distance. 13 registered projects within 2 km.

Builder: M/s. Stanch ventures

M/s. Stanch ventures has 1 registration on RERA Karnataka, including URBAN VILLAGE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if URBAN VILLAGE is delayed beyond 15 Jan 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 URBAN VILLAGE?

The registered promoter entity is M/s. Stanch 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 URBAN VILLAGE?

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 URBAN VILLAGE?

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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