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Registration approved Plotted Development project

VAIBHAV UPAVAN PHASE-1

RG-KA-61204 · RERA PRM/KA/RERA/1254/465/PR/200811/003509 · Last updated on RERA Karnataka portal: 12 Jul 2020

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
Sep 2024Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 58 documents Report an error

VAIBHAV UPAVAN PHASE-1 is a Plotted Development project by Promoter name not stated in filing in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/465/PR/200811/003509 on 11 Aug 2020. Possession is promised by 30 Sep 2024. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameVAIBHAV UPAVAN PHASE-1
  • TypePlotted Development
  • Location
    • Sidlaghatta
    • Chikkaballapura
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1254/465/PR/200811/003509
  • ReraGenie IDRG-KA-61204

Builder

  • NamePromoter name not stated in filing
  • Entity typePartnership Firm
  • Authorized SignatoryPriyanka Jain
  • OthersM/s Mahaveer Sanvi Developers LLP

Key dates

this monthRegisteredAug 2020First promiseDec 2023Revised toSep 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on11 Aug 2020
  • Promised completion30 Sep 2024
  • Revised completionRevised to 30 Sep 2024 (originally 31 Dec 2023)
  • BuildingsNot stated in filing
  • Documents filed58 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 area30,250 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 8.85 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectSRIMATHI J ADIGA
EngineerVishnu kumar

Extensions applied for1

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

ExtensionDec 2023 → Sep 2024

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed58

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/1254/465/PR/200811/003509 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CLARIFICATIONFile: Clarification.pdf12 Jul 2020
Incorporation Certificate and Partnership Deed of Sanvi Vaibhav Projects LLPFile: Sanvi Vaibhav Projects LLP.pdf12 Jul 2020
Incorporation Certificate and Partnership Deed of Samagiti Ventures LLPFile: Samagiti Ventures LLP.pdf12 Jul 2020
Incorporation Certificate and Partnership Deed of Mahaveer Sanvi LLPLFile: Mahaveer Sanvi LLP.pdf12 Jul 2020
Board ResolutionFile: Board Resolution.pdf12 Jul 2020
Conversion OrderFile: Converison Order.pdf12 Jul 2020
RTCsFile: RTCs.pdf12 Jul 2020
NOC-WATERFile: NOC-WATER.pdf12 Jul 2020
RTC and MR in place of KhataFile: RTCs and MR.pdf23 Jun 2020
Partnership DeedFile: partnership deed sanvi vaibhav.pdf23 Jun 2020
SpecificationFile: specification.pdf23 Jun 2020
NOC clarificationFile: noc.pdf23 Jun 2020
CertificateFile: Certificate of LLP Incorporation.PDF-
Plan Approval Letter_compressed-
approval letter plan and specifications-
APPROVED PLAN_organized-
Sale deed with RTC-
approval letter plan and specifications-
APPROVED PLAN_organized-
SPECIFICATIONS-
UPTO DATE Encumbrance Certificate-
SEC 3(1) NON-VIOLATION AFFIDAVIT-
RTC-
conversion order-
NOC CLARIFICATIONS-
NOC CLARIFICATIONS-
approval letter plan and specifications-
approval letter plan and specifications-
Balance Sheet 2018 - 2019File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Balance Sheet 2017 - 2018File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Balance Sheet 2016 - 2017File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Audited Profit and Loss Statement 2018 - 2019File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Audited Profit and Loss Statement 2017 - 2018File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Audited Profit and Loss Statement 2016 - 2017File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Director's Report 2018 - 2019File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Director's Report 2017 - 2018File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Director's Report 2016 - 2017File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Cash Flow Statement 2018 - 2019File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Cash Flow Statement 2017 - 2018File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Auditor's Report 2018 - 2019File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Auditor's Report 2017 - 2018File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Auditor's Report 2016 - 2017File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: CLARIFICATION WITH INCORPORATION CERTIFICATE.pdf-
FORM B AFFIDAVIT_compressed-
Appeal 1 Order CopyFile: vaibhav upavan phase 2.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1254_465_PR_200811_003509.xlsx-
Loan raised documentFile: Form 4CC Vaibhav Upavan Phase 1.pdf-
Final plan technical sanction LetterFile: Approved Plan Upavan Phase 1.pdf-
Final layout plan sanctionedFile: 40% Release Order.pdf-
Completion CertificateFile: 100 Percent Release Order.pdf-
Site release order Copies(1st,2nd phase and final release order)File: 60% Release Order.pdf-
Relinquishment deed executed handed over detailsFile: Deed Of Relinquishment Upavan P1.pdf-
Chartered Accountant Certificate (Form-4)File: Form 4CC Vaibhav Upavan Phase 1.pdf-
Architect's Certificate (Form-5)File: Form 5 Completion certificate Vaibhav Upavan Phase 1.pdf-
Engineer's Certificate (Form-6)File: Form 6 Vaibhav Upavan Phase 1 Completed Project.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: UP1 RERA Affidavit.pdf-

How this compares with Chikkaballapura

27%of Chikkaballapura projects moved their completion datethis one moved by 9 months
1%of Chikkaballapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 170+ Chikkaballapura projects on ReraGenie, from their own filings.

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Other projects near Chikkaballapura170+ in Chikkaballapura

Builder: Promoter name not stated in filing

The filing does not name a promoter organisation for this registration. See more projects on the Chikkaballapura district page.

Frequently asked questions

What are my rights if VAIBHAV UPAVAN PHASE-1 is delayed beyond 30 Sep 2024?

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 VAIBHAV UPAVAN PHASE-1?

The registered promoter entity is Promoter name not stated in filing, 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 VAIBHAV UPAVAN PHASE-1?

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.

Who certifies construction progress at VAIBHAV UPAVAN PHASE-1?

The professionals named in the filing: Architect: SRIMATHI J ADIGA; Engineer: Vishnu kumar. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in VAIBHAV UPAVAN PHASE-1?

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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