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VALMARK ORCHARD SQUARE
By SRI NAKODA CONSTRUCTION LTD
RG-KA-77053 · RERA PRM/KA/RERA/1251/310/PR/170915/000204 · Last updated on RERA Karnataka portal: 17 Oct 2020
Source: official RERA Karnataka filing
Red flags
- 1 complaint at RERA Karnataka
- Completion date moved by 12 months
- 2 extensions taken
Clear
- Separate project account declared
Saved.
VALMARK ORCHARD SQUARE is a Residential/Group Housing project by SRI NAKODA CONSTRUCTION LTD in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/170915/000204 on 15 Sep 2017. Possession is promised by 31 Dec 2020. The completion date has moved by 12 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NameVALMARK ORCHARD SQUARE
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/310/PR/170915/000204
- ReraGenie IDRG-KA-77053
Builder
- NameSRI NAKODA CONSTRUCTION LTD
- Entity typeCompany
- CINU85110KA1993PLC013916
- Authorized SignatoryMAHAVEER GULECHA
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 Sep 2017
- Promised completion31 Dec 2020
- Revised completionRevised to 31 Dec 2020 (originally 31 Dec 2019)
- Buildings2 building records
- Documents filed76 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BLOCK A and B | - | - | - | 136 | 0 | 136 |
| BLOCK C and D | - | - | - | 136 | 0 | 136 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 17 Oct 2020, the date of the latest filing. 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) | - |
| 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 | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities41
As on 17 Oct 2020, the date of the latest filing. 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 | Yes | - |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | Yes | - |
| Water conservation | No | Not applicable |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | Yes | - |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| 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 | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| 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 | DAVID ASHOK, DA ARCHITECTURE WORKSHOP |
| Engineer | SUHAS SABNIS |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Reason as filed by the promoterShortage of Labour
Complaints filed with RERA Karnataka1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CMP/190527/0003122 | - | SRI NAKODA CONSTRUCTION LTD | 27/05/2019 |
Documents filed76
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/1251/310/PR/170915/000204 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Bank statementFile: VOS 8099 bank statement.pdf | 17 Oct 2020 |
| Bank change documentsFile: VOS bank change documents merged.pdf | 6 Oct 2020 |
| Consent from buyersFile: Rera signatures merged_compressed.pdf | 6 Oct 2020 |
| Complaint - disposed.File: RERA VoS 2019-11-12 110606 Syed notice.pdf | 6 Oct 2020 |
| AffidavitFile: Affidavit for extension.pdf | 6 Oct 2020 |
| CertificateFile: Registration SNCL.jpg | - |
| Architect Certificate for Work Completion Schedule till DateFile: Architect certificate work completion.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: Engineer certificate for completion.jpg | - |
| CA Certificate for Funds UtilizationFile: CA certificate for funds utilised.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: Architect certificate work pending.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: Engineer certificate for pending works.jpg | - |
| CA Certificate for Funds required for Project CompletionFile: CA Certificate for pending.pdf | - |
| AffidavitFile: affidavit signed.pdf | - |
| Latest Encumbrance CertificateFile: EC latest.pdf | - |
| Consent letter from 2/3rd of AllotteesFile: Rera signatures merged_compressed.pdf | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx | - |
| Document 1File: SNCL Affidavit.pdf | - |
| Document 2File: Bank account change reason.pdf | - |
| Document 3File: Commencement Certificate.pdf | - |
| Document 4File: Affidavit for extension.pdf | - |
| Document 5File: Checklist scan.pdf | - |
| Document 6File: LIST OF SOLD UNSOLD UNIT DETAILS.pdf | - |
| VOS Sanction license copy 2016 | - |
| VOS- approved Ground Floor | - |
| VOS - approved Site Plan | - |
| VOS SALE DEED | - |
| SALE & CONSTRUCTION AGREEMENT | - |
| sale deed part | - |
| VOS approved Section AA | - |
| VOS cdp | - |
| allotment and Cost break up letter draft | - |
| VOS ebrochure | - |
| LIST OF NOCs-VOS | - |
| specifications | - |
| EC | - |
| Khata - 3 Acre 11 Guntas - SNCL | - |
| Conversion ORCHARD SQUARE | - |
| Fire NOC | - |
| AAI-NOC COMPRESSED | - |
| BWSSB NOC_Orchard Square | - |
| CFE (KSPCB) | - |
| SEIAA | - |
| BSNL NOC Orchard Square | - |
| Balance Sheet 2015 - 2016File: Balance Sheet 2016.pdf | - |
| Balance Sheet 2014 - 2015File: Balance Sheet 2015.pdf | - |
| Balance Sheet 2013 - 2014File: Balance Sheet 2014.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss_2016.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: Auditor's report 2015.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: Auditor's report 2014.pdf | - |
| Director's Report 2015 - 2016File: SNCL-DIR REPORT 2016.pdf | - |
| Director's Report 2014 - 2015File: SNCL-DIR REPORT 2015.pdf | - |
| Director's Report 2013 - 2014File: SNCL-DIR REPORT 2014.pdf | - |
| Cash Flow Statement 2015 - 2016File: cash flow_2016.pdf | - |
| Cash Flow Statement 2014 - 2015File: cash flow_2015.pdf | - |
| Auditor's Report 2015 - 2016File: Auditor's report 2016.pdf | - |
| Auditor's Report 2014 - 2015File: Auditor's report 2015.pdf | - |
| Auditor's Report 2013 - 2014File: Auditor's report 2014.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT Returns-2016.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IT Returns-2015.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: IT Returns-2014 .pdf | - |
| Declaration affidavit | - |
| Prospectus/BrochureFile: VOS ebrochure.pdf | - |
| Advertisement Copy 1File: VOS ad.jpg | - |
| Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_170915_000204.xlsx | - |
| Loan raised documentFile: Loan JMFC.pdf | - |
| Stability CertificateFile: Structural Stability Certificate.pdf | - |
| NOC issued by the Fire Force department after completion of workFile: FIRE CLEARANCE CERTIFICATE.pdf | - |
| Occupancy CertificateFile: VOS - OCCUPANCY CERTIFICATE Dtd050221.pdf | - |
| Consent for operation issued by KSPCBFile: VOS -CFO.pdf | - |
| Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: electrical inspector.pdf | - |
| Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: electrical inspector.pdf | - |
| Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: Association.pdf | - |
| Details of undivided share of land handed over to the association of allotteesFile: vos undivided.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: Architect's Project Completion Certificate - 27-10-20.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: Ca certificate.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit.pdf | - |
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Builder: SRI NAKODA CONSTRUCTION LTD
SRI NAKODA CONSTRUCTION LTD has 1 registration on RERA Karnataka, including VALMARK ORCHARD SQUARE. 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 VALMARK ORCHARD SQUARE is delayed beyond 31 Dec 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 VALMARK ORCHARD SQUARE?
The registered promoter entity is SRI NAKODA CONSTRUCTION LTD, a company as per the filing. Its CIN U85110KA1993PLC013916 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 VALMARK ORCHARD SQUARE?
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 VALMARK ORCHARD SQUARE?
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.
Who certifies construction progress at VALMARK ORCHARD SQUARE?
The professionals named in the filing: Architect: DAVID ASHOK, DA ARCHITECTURE WORKSHOP; Engineer: SUHAS SABNIS. 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 VALMARK ORCHARD SQUARE?
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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