Home / Browse projects / Belagavi, Karnataka / Vijaylaxmi Arcade
Vijaylaxmi Arcade
By Vijay Builders and Devlopers
RG-KA-15387 · RERA PRM/KA/RERA/1249/447/PR/210804/004231 · Last updated on RERA Karnataka portal: 16 Jul 2021
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
Vijaylaxmi Arcade is a Residential/Group Housing project by Vijay Builders and Devlopers in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/210804/004231 on 4 Aug 2021. Possession is promised by 31 Mar 2023.
At a glance
Project
- NameVijaylaxmi Arcade
- TypeResidential/Group Housing
- Location
- Belagavi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1249/447/PR/210804/004231
- ReraGenie IDRG-KA-15387
Builder
- NameVijay Builders and Devlopers
- Entity typePartnership Firm
- Authorized SignatoryRavindar Kadam
- OthersSneha Kadam
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on4 Aug 2021
- Promised completion31 Mar 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed41 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership1
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 |
|---|---|---|
| Vijay Builders and Developers | - | - |
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 | Ajit Patil |
| Engineer | Vinay Bhere |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed41
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/1249/447/PR/210804/004231 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 account name as per bank account direction circularFile: Rera Account details of the Project as per circular.pdf | 16 Jul 2021 |
| Bank statement as bank name of Promoter and project nameFile: Bank account statement.pdf | 5 Jul 2021 |
| payment receipt of Rs. 290File: payment receipt of 290.pdf | 25 Jun 2021 |
| declaration for not uploading the financial statement for the year 2020-21File: Declaration for financial 2020-21statement.jpeg | 25 Jun 2021 |
| project specificationFile: Specification (2).pdf | 25 Jun 2021 |
| CertificateFile: Firm Certificate.pdf | - |
| APPROVED CERTIFICATE | - |
| APPROVED PLAN | - |
| LAYOUT- | - |
| Not yet done | - |
| Not yet done | - |
| Sale Deed of Firm | - |
| APPROVED PLAN | - |
| APPROVED PLAN | - |
| Not yet done | - |
| Not yet done | - |
| Not yet done | - |
| EC for 15 yrs | - |
| Affidavit Sec 3 (1) | - |
| cts | - |
| Title Deed of Girish Joshi | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| pollution | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| APPROVED PLAN | - |
| APPROVED PLAN | - |
| Unnamed document | - |
| Form B | - |
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Builder: Vijay Builders and Devlopers
Vijay Builders and Devlopers has 1 registration on RERA Karnataka, including Vijaylaxmi Arcade. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Belagavi district page.
Frequently asked questions
What are my rights if Vijaylaxmi Arcade is delayed beyond 31 Mar 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 Vijaylaxmi Arcade?
The registered promoter entity is Vijay Builders and Devlopers, 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 Vijaylaxmi Arcade?
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 Vijaylaxmi Arcade?
The professionals named in the filing: Architect: Ajit Patil; Engineer: Vinay Bhere. 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 Vijaylaxmi Arcade?
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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