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Registration approved Mixed Development project

VISHAL TRADE CENTRE

By VISHAL DEVELOPERS

RG-KA-26274 · RERA PRM/KA/RERA/1257/478/PR/201125/003707 · Last updated on RERA Karnataka portal: 13 Nov 2020

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
Oct 2020Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 80 documents Report an error

VISHAL TRADE CENTRE is a Mixed Development project by VISHAL DEVELOPERS in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/478/PR/201125/003707 on 25 Nov 2020. Possession is promised by 31 Oct 2020.

At a glance

Project

  • NameVISHAL TRADE CENTRE
  • TypeMixed Development
  • Location
    • Moodabidri
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/478/PR/201125/003707
  • ReraGenie IDRG-KA-26274

Builder

  • NameVISHAL DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryRAJESH KOTEGAR
  • OthersWILFRED D SOUZA, WILMA LAVEENA D SOUZA, Shilpa Rajesh

Key dates

Registered
25 Nov 2020
Promised
31 Oct 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on25 Nov 2020
  • Promised completion31 Oct 2020
  • Revised completionNone
  • Buildings1 building record
  • Documents filed80 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
VISHAL TRADE CENTRE-----31

The full filing

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

Construction progress by building1

As on 13 Nov 2020, 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 Beam-
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 13 Nov 2020, 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 & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes-
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupNoNot applicable
GasNoNot applicable
Water and SanitationNoNot applicable
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallNoNot applicable
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area728 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 2.12 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectPrashanth Kumar
EngineerPrashanth Kumar

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed80

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/1257/478/PR/201125/003707 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
SANCTION PLANFile: SANCTION PLAN.jpg13 Nov 2020
AFFIDAVITH FIRM REGISTATIONFile: AFFIDAVITH FIRM REGISTATION.pdf13 Nov 2020
FIRM REGISTRATION APPLIED COPYFile: FIRM REGISTRATION APPLIED COPY.jpeg13 Nov 2020
SALE DEEDFile: DEED OF SALE_compressed.pdf13 Nov 2020
BANK ACCOUNT DETAILSFile: BANK ACCOUNT DETAILS.jpeg13 Nov 2020
Blue PrintFile: BLUE PRINT.jpeg5 Nov 2020
NOC DeclarationFile: NOC Declaration.pdf5 Nov 2020
Balance Sheet 2019File: PL BSHEET 19.pdf24 Oct 2020
Balance Sheet 2020File: PL BSHEET 20.pdf24 Oct 2020
CertificateFile: VISHAL DEVLOPERS PAN.pdf-
building licence-
layout-
layout-
Performa of sale deed-
Performa of Agreement for sale (7)-
SALE DEED & RTC-
layout-
Area Development-
Provisional Allotment Letter Format-
Brochure-
Project Specification-
EC-
AFFIDAVIT 1-
JDA-
RTC-
JDA-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
layout-
Layout & Project Specification-
NA ORDER-
Unnamed document-
Balance Sheet 2019 - 2020File: balance sheet 2020.pdf-
Balance Sheet 2018 - 2019File: balance sheet 2019.pdf-
Balance Sheet 2017 - 2018File: balance sheet 2018.pdf-
Audited Profit and Loss Statement 2019 - 2020File: p&l 2020.pdf-
Audited Profit and Loss Statement 2018 - 2019File: p&l 2019.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P&L 2018.pdf-
Director's Report 2019 - 2020File: DR.pdf-
Director's Report 2018 - 2019File: DR.pdf-
Director's Report 2017 - 2018File: DR.pdf-
Cash Flow Statement 2019 - 2020File: CFS.pdf-
Cash Flow Statement 2018 - 2019File: CFS.pdf-
Auditor's Report 2019 - 2020File: AR.pdf-
Auditor's Report 2018 - 2019File: AR.pdf-
Auditor's Report 2017 - 2018File: AR.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2020-21.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2019-20.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 2018-19.pdf-
FORM B-
Prospectus/BrochureFile: broucher.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1257_478_PR_201125_003707.xlsx-
Occupancy CertificateFile: occupancy-certificate.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: mescom.pdf-
Architect certificate for having completed the work(in format no 5)File: ARCHITECT COMPLETION.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: FORM 4 ca certficate.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: affidavith.pdf-
ENGINEER CERTFICATEFile: ENGINEER COMPLETION.pdf-
BORE-WELL NOCFile: bore-well noc.pdf-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one has not
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

Builder: VISHAL DEVELOPERS

VISHAL DEVELOPERS has 1 registration on RERA Karnataka, including VISHAL TRADE CENTRE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if VISHAL TRADE CENTRE is delayed beyond 31 Oct 2020?

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 VISHAL TRADE CENTRE?

The registered promoter entity is VISHAL DEVELOPERS, 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 VISHAL TRADE CENTRE?

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 VISHAL TRADE CENTRE?

The professionals named in the filing: Architect: Prashanth Kumar; Engineer: Prashanth Kumar. 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 VISHAL TRADE CENTRE?

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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