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Registration approved Residential/Group Housing project

vinayak residency

By Saraswati promoters and builders

RG-KA-61916 · RERA PRM/KA/RERA/1259/410/PR/180208/001704 · Last updated on RERA Karnataka portal: 3 Apr 2022

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2019Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 62 documents Report an error

vinayak residency is a Residential/Group Housing project by Saraswati promoters and builders in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/410/PR/180208/001704 on 8 Feb 2018. Possession is promised by 31 Dec 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • Namevinayak residency
  • TypeResidential/Group Housing
  • Location
    • Dharwad
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1259/410/PR/180208/001704
  • ReraGenie IDRG-KA-61916

Builder

  • NameSaraswati promoters and builders
  • Entity typePartnership Firm
  • Authorized SignatoryKiran Karkamkar
  • Otherssatish shahapure, Girish Shintre

Key dates

this monthRegisteredFeb 2018First promiseDec 2018Revised toDec 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Feb 2018
  • Promised completion31 Dec 2019
  • Revised completionRevised to 31 Dec 2019 (originally 31 Dec 2018)
  • Buildings1 building record
  • Documents filed62 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
vinayak residency---16016

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 3 Apr 2022, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing workNot applicable
Retaining wall (All types)Not applicable
Plinth level BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja work-
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

As on 3 Apr 2022, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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 area639 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 1.78 cr

Extensions applied for1

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

EX/PRM/KA/RERA/1259/410/PR/220715/001704Dec 2018 → Dec 2019

Reason as filed by the promoterAwaiting OC

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed62

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/1259/410/PR/180208/001704 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Ca certificateFile: Screenshot_20220403-162151_Gmail.jpg3 Apr 2022
C A cerificateFile: PSX_20201114_232138.pdf28 Feb 2022
CaFile: PSX_20201114_232138.pdf10 Oct 2021
CaFile: PSX_20201114_232138.pdf3 Apr 2021
CaFile: PSX_20201114_232138.pdf16 Mar 2021
C aFile: PSX_20201114_232138.pdf21 Feb 2021
CaFile: PSX_20201114_232138.pdf11 Jan 2021
Ca certificateFile: PSX_20201114_232138.pdf21 Dec 2020
Ca certificateFile: PSX_20201114_232138.pdf6 Dec 2020
CaFile: PSX_20201114_232138.pdf6 Dec 2020
Ca certificateFile: PSX_20201114_232138.pdf14 Nov 2020
Ca certificateFile: 20201026_215633.jpg26 Oct 2020
Commencement certificateFile: Screenshot_20201017-222310_WhatsApp.jpg17 Oct 2020
CA certificateFile: 20201017_224723.jpg17 Oct 2020
Architect Certificate for Work Completion Schedule till DateFile: EXTENSION.png-
Engineer Certificate for Work Completion Schedule till DateFile: Rera doucument 3-1.pdf-
CA Certificate for Funds UtilizationFile: 8.png-
Architect Certificate for Pending Work Completion Schedule.File: ARCHITECT EXT.png-
Engineer Certificate for Pending Work Completion Schedule.File: Rera doucument 2.pdf-
CA Certificate for Funds required for Project CompletionFile: 11.png-
AffidavitFile: affidavit 1-compressed.pdf-
Latest Encumbrance Certificate-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
NOC DetailsFile: Rera doucument 3-1.pdf-
Document 1File: ACC STATEMENT.jpg-
Document 2File: Screenshot_2019-06-01-11-37-30-996_com.lcode.kvgb.png-
Document 3File: oc.jpg-
Document 4File: 20201026_215633.jpg-
Document 5File: CERTIFICATE.pdf-
dharwad muncipal santion drawing scan-
dharwad muncipal santion drawing scan-
ABSOLUTE SALE DEED-Vinayak Residency-
IMG_20170831_094446-01-
dharwad municipal27Model-
dharwad municipal27Model-
IMG_20170831_100336-
dharwad municipal27Model-
IMG-20170513-WA0035-
IMG_20170831_094446-01-
IMG-20170513-WA0033-
IMG-20170513-WA0035-
rtc khatha-
dharwad edited-
Balance Sheet 2015 - 2016File: IMG-20171023-WA0015.jpg-
Balance Sheet 2014 - 2015File: IMG-20170831-WA0006.jpg-
Balance Sheet 2013 - 2014File: IMG_20170831_094446-01.jpg-
Audited Profit and Loss Statement 2015 - 2016File: IMG-20171023-WA0014.jpg-
Audited Profit and Loss Statement 2014 - 2015File: IMG-20170831-WA0006.jpg-
Audited Profit and Loss Statement 2013 - 2014File: IMG_20170831_094446-01.jpg-
Director's Report 2013 - 2014File: IMG_20170831_094446-01.jpg-
Cash Flow Statement 2014 - 2015File: IMG_20170831_094446-01.jpg-
Auditor's Report 2015 - 2016File: IMG_20170831_094446-01.jpg-
Auditor's Report 2014 - 2015File: IMG_20170831_094446-01.jpg-
Auditor's Report 2013 - 2014File: IMG_20170831_094446-01.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: IMG-20171023-WA0013.jpg-
Income Tax Return Acknowledgement 2013 - 2014File: IMG_20170831_094446-01.jpg-
Prospectus/BrochureFile: Brochure Dharwad NEW RERA5(1).jpg-
Advertisement Copy 1File: Brochure Dharwad NEW RERA5(1).jpg-
Occupancy CertificateFile: 1.jpg-
Completion certificate issued by the competent authorityFile: 1.jpg-
Registered Agreement of SaleFile: 1.jpg-
Registered conveyance deed for an individual unitFile: 1.jpg-

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one moved by 12 months
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Builder: Saraswati promoters and builders

Saraswati promoters and builders has 1 registration on RERA Karnataka, including vinayak residency. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if vinayak residency is delayed beyond 31 Dec 2019?

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 vinayak residency?

The registered promoter entity is Saraswati promoters and builders, 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 vinayak 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 vinayak 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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