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Completed No litigation declared Residential / Group Housing project

VENKATESHA RESIDENCY

RG-MH-08493 · RERA P52400019922 · Last updated on MahaRERA portal: 28 May 2020

Source: official MahaRERA filing

Buyer report · Rs 499 Download 23 documents (free)

At a glance

Project

  • NameVENKATESHA RESIDENCY
  • TypeResidential / Group Housing
  • Location
    • MALWATI CHOWK NEAR KATKE ICE FACTORY
    • RING ROAD
    • Latur (M Cl)
    • Latur
    • 413512
  • Pincode413512
  • RERA no.P52400019922
  • ReraGenie IDRG-MH-08493

Builder

  • NameVELX INFRA
  • Entity typePartnership

Key dates

Registered
13 Mar 2019
Promised
1 Mar 2024

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on13 Mar 2019
  • Promised completion1 Mar 2024
  • Revised completionNone
  • Buildings59 building records
  • Documents filed23 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A1NA30000
A2NA30000
A3NA30000
A4NA30000
A5NA30000
A6NA30000
A7NA30000
A8NA30000
A9NA30000
A10NA30000
A11NA30000
A12NA30000
A13NA30000
A14NA30000
A15NA30000
A16NA30000
A17NA30000
A18NA30000
A19NA30000
A20NA30000
A21NA30000
A22NA30000
A23NA30000
A24NA30000
A25NA30000
A26NA30000
A27NA30000
A28NA30000
A29NA30000
A30NA30000
A31NA30000
A32NA30000
A33NA30000
A34NA30000
B1NA30000
B2NA30000
B3NA30000
B4NA30000
B5NA30000
B6NA30000
B7NA30000
B8NA30000
B9NA30000
B10NA30000
B11NA30000
B12NA30000
B13NA30000
B14NA30000
B15NA30000
B16NA30000
B17NA30000
B18NA30000
B19NA30000
B20NA30000
B21NA30000
B22NA30000
B23NA30000
B24NA30000
B25NA30000

More on this project

These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.

Promoter contact and registered address

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Landowner and land title details

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Project finance and encumbrances

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Architect, engineer and CA certificates

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Unit configuration and carpet areas

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Bank account and 70 percent compliance

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Builder: VELX INFRA

VELX INFRA has 1 registration in this build, including VENKATESHA RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Latur district page.

Frequently asked questions

What are my rights if VENKATESHA RESIDENCY is delayed beyond 1 Mar 2024?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of VENKATESHA RESIDENCY?

The registered promoter entity is VELX INFRA, a partnership as per the filing. The filing discloses no 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 MahaRERA listing (scan the QR code on any advertisement) and in its filed documents, all downloadable free from this page with a login.

Is my payment protected in VENKATESHA 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; since July 2024 MahaRERA requires a three-account structure for collections. 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 VENKATESHA RESIDENCY?

The professionals named in the filing: Architect: PAVANKUMAR SHIVANAND SWAMI; Engineer: VISHAL SANJAY ANKALKOTE. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) 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 VENKATESHA RESIDENCY?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses 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. The Rs 499 buyer report works through all of them from the filings.

Planning to buy here? The Rs 499 buyer report adds risk flags, the progress-versus-promise read, the document checklist and the exact questions to ask this builder. Get the buyer report · Rs 499
Studying this micro-market? The developer project analysis covers unit configuration, land and FSI, and competition benchmarks for this project. Developer analysis · Rs 2,999 · coming soon