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Registration approved Residential/Group Housing project

VALENTINE RESIDENCY

By nn developers

RG-KA-56436 · RERA PRM/KA/RERA/1273/318/PR/180523/001793 · Last updated on RERA Karnataka portal: Not stated

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
Dec 2018Possession promisedno revision filed
48 of 48Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

VALENTINE RESIDENCY is a Residential/Group Housing project by nn developers in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/180523/001793 on 23 May 2018. Possession is promised by 25 Dec 2018. 0 of the 48 units on this registration are recorded sold or booked.

At a glance

Project

  • NameVALENTINE RESIDENCY
  • TypeResidential/Group Housing
  • Location
    • Udupi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/318/PR/180523/001793
  • ReraGenie IDRG-KA-56436

Builder

  • Namenn developers
  • Entity typePartnership Firm
  • Authorized SignatoryNEYONS ANTONY D'SOUZA

Key dates

this monthRegisteredMay 2018PromisedDec 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 May 2018
  • Promised completion25 Dec 2018
  • Revised completionNone
  • Buildings1 building record
  • Documents filed34 files

Current status

0%0 of 48 units booked

Figures as on Not stated, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
VALENTINE RESIDENCY---48048

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 area2,023 sq m
Land owned byNot the promoter
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 8.00 cr

Certifying professionals and partners2

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

RoleName
Architectyogishchandra dhara
Engineerm.gopal bhat

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed34

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/1273/318/PR/180523/001793 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: fORM-C.pdf-
licence -
BUILDING PLAN -
SANCATION PLAN-
agreement-
agreement-
LAYOUTPLAN-
building plan-
layout paln-
agreement-
BROCHERS-
SPECIFICATION-
EC DATE 31032018-
KATHA -
DEVELOPMENT DEED-
Converstion NN-
Unnamed document-
layout paln-
SPECIFICATION-
sarch report-
Balance Sheet 2016 - 2017File: Balance sheet 2.pdf-
Balance Sheet 2015 - 2016File: bal sheet 1.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&l Statment 2.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L statment 1.pdf-
Director's Report 2016 - 2017File: statment of income 17-18.pdf-
Director's Report 2015 - 2016File: statment of income16-17.pdf-
Auditor's Report 2016 - 2017File: auditor report 2.pdf-
Auditor's Report 2015 - 2016File: auditor report 1.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: I T ACK 2.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT ack 1.pdf-
Occupancy CertificateFile: Occupancy Certificate - Copy.pdf-
Completion certificateFile: COMPLETIONCertificate.pdf-
Registered Agreement of SaleFile: Agreement For Sale 1mb.pdf-
Registered conveyance deed for an individual unitFile: Reg Conveyancy deed1MB.pdf-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

2 kmVALENTINE RESIDENCYOther 6Dot size: filed unitsN

Filed coordinates, straight-line distance. 6 registered projects within 2 km.

Builder: nn developers

nn developers has 1 registration on RERA Karnataka, including VALENTINE RESIDENCY. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if VALENTINE RESIDENCY is delayed beyond 25 Dec 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 VALENTINE RESIDENCY?

The registered promoter entity is nn developers, 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 VALENTINE RESIDENCY?

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 VALENTINE RESIDENCY?

The professionals named in the filing: Architect: yogishchandra dhara; Engineer: m.gopal bhat. 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 VALENTINE RESIDENCY?

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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