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VISHWAS TRADE CENTRE
RG-KA-47609 · RERA PRM/KA/RERA/1257/334/PR/201125/003718 · Last updated on RERA Karnataka portal: 3 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
Saved.
VISHWAS TRADE CENTRE is a Commercial project by VISHWAS REALTY in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/201125/003718 on 25 Nov 2020. Possession is promised by 20 Oct 2022.
At a glance
Project
- NameVISHWAS TRADE CENTRE
- TypeCommercial
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/334/PR/201125/003718
- ReraGenie IDRG-KA-47609
Builder
- NameVISHWAS REALTY
- Entity typePartnership Firm
- Authorized SignatoryKarkala Suleman Shaikh
- OthersKarkala Suleman Shaikh, Abdul Rauf Puttige
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on25 Nov 2020
- Promised completion20 Oct 2022
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed50 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 |
|---|---|---|
| ABDUL HAMEED | - | - |
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 | Raviprasad Upadyaya |
| Engineer | Raviprasad Upadyaya |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed50
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/1257/334/PR/201125/003718 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Project Head DetailsFile: Project Head Details.pdf | 3 Nov 2020 |
| Audited Statement DeclarationFile: 3.Declaration.pdf | 3 Nov 2020 |
| EC in the name of PromoterFile: 4.EC.jpg | 3 Nov 2020 |
| Notarised Form BFile: 5.FormB.pdf | 3 Nov 2020 |
| Sanctioned PlanFile: 6.approved plan.PDF | 3 Nov 2020 |
| AffidavithFile: 7.affidavith.pdf | 3 Nov 2020 |
| Bank CertificateFile: Bank certificate & cancelled cheque.pdf | 3 Nov 2020 |
| Ticket GeneratedFile: Ticket Generated - TP03112011580.png | 3 Nov 2020 |
| CertificateFile: 1 Certificate of registration.pdf | - |
| Licence_compressed | - |
| approved plan | - |
| Layout plan | - |
| sale deed porforma | - |
| sale deed porforma | - |
| RTC & Sale Deed-1 | - |
| approved plan | - |
| Layout plan | - |
| allotment | - |
| Project Specification | - |
| Ec | - |
| JD AFFIDAVIT CUM DECLARATION | - |
| form911 | - |
| JD | - |
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| form911 | - |
| approved plan | - |
| conversion_compressed | - |
| Legal opinion_compressed (1) | - |
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See every Dakshina Kannada project, with the district possession charts
Builder: VISHWAS REALTY
VISHWAS REALTY has 1 registration on RERA Karnataka, including VISHWAS 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 VISHWAS TRADE CENTRE is delayed beyond 20 Oct 2022?
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 VISHWAS TRADE CENTRE?
The registered promoter entity is VISHWAS REALTY, 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 VISHWAS 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 VISHWAS TRADE CENTRE?
The professionals named in the filing: Architect: Raviprasad Upadyaya; Engineer: Raviprasad Upadyaya. 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 VISHWAS 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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