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Registration approved Plotted Development project

VARNA RESIDENCY

By Heddari Engineers (India) Limited

RG-KA-37640 · RERA PRM/KA/RERA/1267/374/PR/180217/001793

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
Feb 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 33 documents Report an error

VARNA RESIDENCY is a Plotted Development project by Heddari Engineers (India) Limited in Mandya, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1267/374/PR/180217/001793 on 17 Feb 2018. Possession is promised by 20 Feb 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameVARNA RESIDENCY
  • TypePlotted Development
  • Location
    • Shrirangapattna
    • Mandya
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1267/374/PR/180217/001793
  • ReraGenie IDRG-KA-37640

Builder

  • NameHeddari Engineers (India) Limited
  • Entity typeCompany
  • Authorized SignatoryG.R.Vijayashree
  • DirectorN.R.Ramsesh
  • Other registrations1 more →

Key dates

this monthRegisteredFeb 2018First promiseMay 2020Revised toFeb 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Feb 2018
  • Promised completion20 Feb 2021
  • Revised completionRevised to 20 Feb 2021 (originally 20 May 2020)
  • BuildingsNot stated in filing
  • Documents filed33 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 area9,565 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

Extensions applied for1

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

ExtensionMay 2020 → Feb 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed33

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/1267/374/PR/180217/001793 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Regn cert.pdf-
Comenment cerificate-
Approved Layout Plan-11-
Proforma for Sale Deed-20-
Proforma of Agrmt of Sale-12-
Land Documents-13-
Area Devpt Plan-15-
Proforma Allotment Letter-16-
Brochure-17-
NOC-18-
SPECIFICATION OF PROJECTS-22-
Encumbrance cert-8-
Sale Deed-
Unnamed document-
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: Audited P & L Stmt 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Auditor report 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Auditor report 2014.pdf-
Director's Report 2015 - 2016File: Directors report 2016.pdf-
Director's Report 2014 - 2015File: Directors report 2015.pdf-
Director's Report 2013 - 2014File: Directors report 2014.pdf-
Auditor's Report 2015 - 2016File: Auditorreport 2016.pdf-
Auditor's Report 2014 - 2015File: Auditor report 2015.pdf-
Auditor's Report 2013 - 2014File: Auditor report 2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 2016-17_1.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR 2015-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR 2014-15.pdf-
Declaration Form B-
Prospectus/BrochureFile: Broucher 17.pdf-
Advertisement Copy 1File: Broucher 17.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1267_374_PR_180217_001793.xlsx-

How this compares with Mandya

18%of Mandya projects moved their completion datethis one moved by 9 months
0%of Mandya registrations are shown as withdrawn or revokedthis one is not

Computed across the 81 Mandya projects on ReraGenie, from their own filings.

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Other projects near Mandya81 in Mandya

Builder: Heddari Engineers (India) Limited

Heddari Engineers (India) Limited has 2 registrations on RERA Karnataka, including VARNA RESIDENCY and Nallan Chakravarthy Enclave II. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mandya district page.

Frequently asked questions

What are my rights if VARNA RESIDENCY is delayed beyond 20 Feb 2021?

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 VARNA RESIDENCY?

The registered promoter entity is Heddari Engineers (India) Limited, a company 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 VARNA 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.

What should I check before booking in VARNA 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; 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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