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VFIN HERITAGE
By M Prasad
RG-KA-62519 · RERA PRM/KA/RERA/1248/469/PR/210422/004838 · Last updated on RERA Karnataka portal: 4 Apr 2022
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
VFIN HERITAGE is a Plotted Development project by M Prasad in Ballari, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/469/PR/210422/004838 on 21 Apr 2022. Possession is promised by 1 Sep 2023.
At a glance
Project
- NameVFIN HERITAGE
- TypePlotted Development
- Location
- Ballari
- 583103
- Pincode583103
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1248/469/PR/210422/004838
- ReraGenie IDRG-KA-62519
Builder
- NameM Prasad
- Entity typeProprietorship Firm
- Authorized SignatoryM. Prasad
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on21 Apr 2022
- Promised completion1 Sep 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed83 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership3
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| M PRASAD | - | - |
| M PRASAD | - | - |
| M PRASAD | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 1.20 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Poornima S |
| Chartered Accountant | Vinay Thyagaraj |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed83
As listed on the registration, under the names the promoter filed them with; the newest 80 of 83 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1248/469/PR/210422/004838 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| GUIDENCE VALUE CERTIFICATEFile: Guidence Value Certificate.pdf | 4 Apr 2022 |
| Guidance Value CertficateFile: Guidence Value Certificate.pdf | 8 Mar 2022 |
| Firm Registration certificate NaFile: 1 Firm Registration certificate Na.pdf | 17 Feb 2022 |
| Ca certificateFile: 2 CA Certificate.pdf | 17 Feb 2022 |
| PL 2018File: 3 PL 2018.pdf | 17 Feb 2022 |
| PL 2019File: 4 PL 2019.pdf | 17 Feb 2022 |
| PL 2021File: 5 P&L 2021.pdf | 17 Feb 2022 |
| Balance Sheet 2020File: 6 Balance sheet 2020.pdf | 17 Feb 2022 |
| Balance Sheet 2021File: 7 Balance Sheet 2021.pdf | 17 Feb 2022 |
| EC FOR ALL SURVEY NOFile: 8 EC.pdf | 17 Feb 2022 |
| Guidence valueFile: 9 Guidence Value.png | 17 Feb 2022 |
| Section 3File: 10 Section 3(1).pdf | 17 Feb 2022 |
| Power supply NocFile: 11 Power Supply Noc.pdf | 17 Feb 2022 |
| Water Supply NocFile: 12 Water Supply Noc.pdf | 17 Feb 2022 |
| Septic Tank Soak Pit Sewer line & Layout planFile: 13 Spectic Tank Soak Pit Sewer line & Layout Plan.pdf | 17 Feb 2022 |
| Proforma of AosFile: 14 Proforma of AOS- VFIN Heritage.pdf | 17 Feb 2022 |
| No Mortgage AffidavitFile: No Mortagage.pdf | 17 Feb 2022 |
| RTC, survey 92/C | - |
| Mutation, survey 92/C | - |
| Encumbrance Certificate, survey 92/C | - |
| Conversion/Alienation Order, survey 92/C | - |
| Sale/Title/Gift Deed, survey 92/C | - |
| Khatha, survey 92/C | - |
| RTC, survey 92/1 | - |
| Mutation, survey 92/1 | - |
| Encumbrance Certificate, survey 92/1 | - |
| Conversion/Alienation Order, survey 92/1 | - |
| Sale/Title/Gift Deed, survey 92/1 | - |
| Khatha, survey 92/1 | - |
| RTC, survey 105/3 | - |
| Mutation, survey 105/3 | - |
| Encumbrance Certificate, survey 105/3 | - |
| Conversion/Alienation Order, survey 105/3 | - |
| Sale/Title/Gift Deed, survey 105/3 | - |
| Khatha, survey 105/3 | - |
| Registration CertificateFile: CIN.pdf | - |
| Certificate issued by CA Form 1File: CA CERTIFICATE.pdf | - |
| Certificate issued by Engineer Form 3File: Engineer Certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Non Litigation.pdf | - |
| Certificate from Chartered AccountFile: 2 CA Certificate.pdf | - |
| Certificate issued by ArchitectFile: Architect Certificate.pdf | - |
| Balance Sheet 2020 - 2021File: BS 2020.pdf | - |
| Balance Sheet 2019 - 2020File: Balance sheet.pdf | - |
| Balance Sheet 2018 - 2019File: Balance sheet.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: P&L.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: P&L.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: P&L.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR 2020.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR 2018.pdf | - |
| Commencement Certificate | - |
| LAYOUT PLAN | - |
| LAYOUT PLAN | - |
| Project Specification | - |
| Legal Report | - |
| CONVERSION CERT | - |
| Agreement of sale | - |
| Allotement letter | - |
| Form B | - |
| Affidavit | - |
| Power Supply Noc | - |
| Water Supply Noc | - |
| Relinqueshment Deed | - |
| Non Litigation | - |
| No Mortagage | - |
| Proforma sale deed | - |
| Plot Excel SheetFile: VFIN HERITAGE .xlsx | - |
| Final plan technical sanction LetterFile: Final sanction Letter.pdf | - |
| Final layout plan sanctionedFile: Final Layout Plan.pdf | - |
| Completion CertificateFile: Completion Certificate.pdf | - |
| Site release order Copies(1st,2nd phase and final release order)File: 100% Release order.pdf | - |
| Relinquishment deed executed handed over detailsFile: Relinqueshment Deed.pdf | - |
| Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: Grama Panchyath Letter.pdf | - |
| Certificate issued by the Karnataka Urban Water supplyFile: Water Supply Noc.pdf | - |
| Certificate issued by the concerned power supply(ESCOM'S)File: Power Supply Noc.pdf | - |
| Whether the structures,civic amenities and other services handed over to local authority for maintenanceFile: Relinqueshment Deed.pdf | - |
| Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: Power Supply Noc.pdf | - |
| Chartered Accountant Certificate (Form-4)File: FORM 4 CC CA Certificate.pdf | - |
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Builder: M Prasad
M Prasad has 1 registration on RERA Karnataka, including VFIN HERITAGE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Ballari district page.
Frequently asked questions
What are my rights if VFIN HERITAGE is delayed beyond 1 Sep 2023?
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 VFIN HERITAGE?
The registered promoter entity is M Prasad, a proprietorship 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 VFIN HERITAGE?
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 VFIN HERITAGE?
The professionals named in the filing: Engineer: Poornima S; Chartered Accountant: Vinay Thyagaraj. 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 VFIN HERITAGE?
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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