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Vakil Magnolia
By Vakil Housing Development Corporation Private Limited
RG-KA-64521 · RERA PRM/KA/RERA/1251/308/PR/171016/001257
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
Saved.
Vakil Magnolia is a Residential/Group Housing project by Vakil Housing Development Corporation Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171016/001257 on 16 Oct 2017. Possession is promised by 30 Jun 2018.
At a glance
Project
- NameVakil Magnolia
- TypeResidential/Group Housing
- Location
- Anekal
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/308/PR/171016/001257
- ReraGenie IDRG-KA-64521
Builder
- NameVakil Housing Development Corporation Private Limited
- Entity typeCompany
- CINU45202KA2002PTC031093
- Authorized SignatoryMohsin Ali Vakil
- OthersNagesh Kumar A
- Declared earlier projects3 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on16 Oct 2017
- Promised completion30 Jun 2018
- Revised completionNone
- Buildings1 building record
- Documents filed41 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VAKIL MAGNOLIA | - | - | - | 100 | 0 | 100 |
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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | Not applicable |
| Plinth level Beam | Not applicable |
| 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 work | - |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Sidda Raj Rawal |
| Engineer | R Syed Khader |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed41
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/1251/308/PR/171016/001257 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: VHDC CoI (2).pdf | - |
| VHDC VML Commencement Certificate | - |
| SITE PLAN | - |
| Vakil Magnolia Plan | - |
| 220817_VML Sale deed - Final Draft | - |
| Vakil Magnolia sale agreement Draft 22082017 | - |
| Sale Deed, RTC, Khatha, Mutation, Conversion and Search Report | - |
| TYPICAL FLOOR PLAN | - |
| STILT FLOOR PLAN | - |
| VHDC VML Booking Form | - |
| Vakil-Magnolia_E-Brochure_Rera 22082017 | - |
| NOCs | - |
| VHDC VML Specifications | - |
| ECs | - |
| Khatha | - |
| ELEVATION AND SECTION | - |
| Balance Sheet 2015 - 2016File: VHDC 2016 Balance Sheet.pdf | - |
| Balance Sheet 2014 - 2015File: VHDC 2015 Balance Sheet.pdf | - |
| Balance Sheet 2013 - 2014File: VHDC 2014 Balance Sheet.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: VHDC 2016 Profit & Loss Statement.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: VHDC 2015 Profit & Loss Statement.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: VHDC 2014 Profit & Loss Statement.pdf | - |
| Director's Report 2015 - 2016File: VHDC 2016 Directors Report.pdf | - |
| Director's Report 2014 - 2015File: VHDC 2015 Directors Report.pdf | - |
| Director's Report 2013 - 2014File: VHDC 2014 Directors Report.pdf | - |
| Cash Flow Statement 2015 - 2016File: VHDC 2016 Cash Flow Statement.pdf | - |
| Cash Flow Statement 2014 - 2015File: VHDC 2015 Cash Floow Statement.pdf | - |
| Auditor's Report 2015 - 2016File: VHDC 2016 Auditor Report.pdf | - |
| Auditor's Report 2014 - 2015File: VHDC 2015 Audit Report.pdf | - |
| Auditor's Report 2013 - 2014File: VHDC 2014 Audit Report.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: VHDC ITRV 2016.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: VHDC ITRV 2015.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: VHDC ITRV 2014.pdf | - |
| Form B Declaration | - |
| Prospectus/BrochureFile: Broucher.pdf | - |
| Advertisement Copy 1File: 300x250_VML_Google ad.jpg | - |
| Tower Excel SheetFile: PRM_KA_RERA_1251_308_PR_171016_001257 (2.xlsx | - |
| Occupancy CertificateFile: VML OC.pdf | - |
| Completion certificateFile: VML COMPELTION CERTIFICATE.pdf | - |
| Registered Agreement of SaleFile: AGREEMENT TO SELL.pdf | - |
| Registered conveyance deed for an individual unitFile: ABSOLOTE SALE DEED.pdf | - |
Promoter's earlier projects3
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| Vakil Whispering Woods Residences-2 | - | Completed | Aug 2017 | No date filed |
| Vakil Marigold | - | Completed | Aug 2017 | No date filed |
| Vakil Deffodil | - | Completed | Aug 2017 | No date filed |
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Builder: Vakil Housing Development Corporation Private Limited
Vakil Housing Development Corporation Private Limited has 1 registration on RERA Karnataka, including Vakil Magnolia. Its filings declare 3 earlier projects, 3 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if Vakil Magnolia is delayed beyond 30 Jun 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 Vakil Magnolia?
The registered promoter entity is Vakil Housing Development Corporation Private Limited, a company as per the filing. Its CIN U45202KA2002PTC031093 can be cross-checked on the MCA and GST portals. 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 Vakil Magnolia?
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 Vakil Magnolia?
The professionals named in the filing: Architect: Sidda Raj Rawal; Engineer: R Syed Khader. 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 Vakil Magnolia?
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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