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Registration approved Plotted Development project

VALMARK ORCHARDS

By Valmark Estates LLP

RG-KA-12474 · RERA PRM/KA/RERA/1250/303/PR/190706/002652

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
Apr 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 60 documents Report an error

VALMARK ORCHARDS is a Plotted Development project by Valmark Estates LLP in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/190706/002652 on 6 Jul 2019. Possession is promised by 30 Apr 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameVALMARK ORCHARDS
  • TypePlotted Development
  • Location
    • Devanahalli
    • Bengaluru Rural
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/303/PR/190706/002652
  • ReraGenie IDRG-KA-12474

Builder

  • NameValmark Estates LLP
  • Entity typePartnership Firm
  • Authorized SignatoryMahaveer Gulecha
  • DirectorsMahaveer Gulecha, Tejraj Gulecha, Ratan Lath

Key dates

this monthRegisteredJul 2019First promiseJul 2021Revised toApr 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on6 Jul 2019
  • Promised completion30 Apr 2022
  • Revised completionRevised to 30 Apr 2022 (originally 31 Jul 2021)
  • BuildingsNot stated in filing
  • Documents filed60 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 area79,064 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 34.00 cr

Extensions applied for1

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

ExtensionJul 2021 → Apr 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed60

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/1250/303/PR/190706/002652 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 CERTIFICATE.pdf-
Plan Sanction Order by STRR-
VELLP Approved Layout Plan-
VELLP Approved Layout Plan-
Sale deed explanation-
VELLP Sale Agreement draft-
06 Land records (1)-
VELLP Approved Layout Plan-
VELLP Approved Layout Plan-
VO allotment letter-
VELLP E Brochure draft-
Panchayat NOC-
Valmark Orchards Specifications-
ECs compressed into 1-
VELLP nOTARIZED 3(1)Affidavit-
E-Khatas-
ECs merged-
Conversion Orders-
Relinquishment deed-
VELLP CFE-
Unnamed document-
VELLP Approved Layout Plan-
Valmark Orchards Specifications-
Balance Sheet 2017 - 2018File: VELLP 2017-18.pdf-
Balance Sheet 2016 - 2017File: VELLP2016-17.pdf-
Balance Sheet 2015 - 2016File: VEPL 2015-16.pdf-
Audited Profit and Loss Statement 2017 - 2018File: 3 VELLP FY 2017-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 2 VELLP2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: VEPL2015-16.pdf-
Director's Report 2017 - 2018File: Explanation for Designated partners.pdf-
Director's Report 2016 - 2017File: Explanation for Designated partners.pdf-
Director's Report 2015 - 2016File: Directors Report-15-16-VEPL.pdf-
Cash Flow Statement 2017 - 2018File: Explanation for cash flow.pdf-
Cash Flow Statement 2016 - 2017File: Explanation for cash flow.pdf-
Auditor's Report 2017 - 2018File: 5 Audit Report.pdf-
Auditor's Report 2016 - 2017File: 5 Audit Report.pdf-
Auditor's Report 2015 - 2016File: 5 Audit Report.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: 6 ITR FY 2017-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: 6 ITR 2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 6 ITR 15-16.pdf-
Form-B - VELLP-
Prospectus/BrochureFile: VOD ebrochure.pdf-
Advertisement Copy 1File: VOD Ad.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1250_303_PR_190706_002652.xlsx-
Loan raised documentFile: J M Loan VELLP 95Cr.pdf-
Final plan technical sanction LetterFile: VOD final sanction layout.jpg-
Final layout plan sanctionedFile: VOD final sanction layout.jpg-
Completion CertificateFile: STRR Release order 131221.pdf-
Site release order Copies(1st,2nd phase and final release order)File: VOD final sanction layout.jpg-
Relinquishment deed executed handed over detailsFile: Relinquishment deed.pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: Panchayat Noc.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: Panchayat Noc.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: BESCOM NoC 191121.pdf-
Certificate issued by Horticulture/Forest departmentFile: Horitculture 050621.pdf-
Certificate issued by KSPCB, consent for operation of STP plantFile: KSPCB.pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: BESCOM NoC 191121.pdf-
Chartered Accountant Certificate (Form-4)File: RERA CA closure certificate VOD.pdf-
Architect's Certificate (Form-5)File: Form-5 Architect (vod) - DEC 2021-final.pdf-
Engineer's Certificate (Form-6)File: VOD Engineer's Project Completion Certificate -05-01-21.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: RERA Affidavit.pdf-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one moved by 9 months
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Rural650+ in Bengaluru Rural

2 kmVALMARK ORCHARDSOther 20Dot size: filed unitsN

Filed coordinates, straight-line distance. 20 registered projects within 2 km.

Builder: Valmark Estates LLP

Valmark Estates LLP has 1 registration on RERA Karnataka, including VALMARK ORCHARDS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if VALMARK ORCHARDS is delayed beyond 30 Apr 2022?

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 ORCHARDS?

The registered promoter entity is Valmark Estates LLP, 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 VALMARK ORCHARDS?

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 VALMARK ORCHARDS?

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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