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Registration approved Mixed Development project

VIVA MARINA

By V S BUILDERS

RG-KA-14525 · RERA PRM/KA/RERA/1273/318/PR/171215/001782 · Last updated on RERA Karnataka portal: Not stated

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2020Possession promisedmoved 12 months from the original
0 of 19Construction stages donefurthest along: Earth work and other leveling..., 0%
56 of 56Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 55 documents Report an error

VIVA MARINA is a Mixed Development project by V S BUILDERS in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/171215/001782 on 15 Dec 2017. Possession is promised by 31 Dec 2020. The completion date has moved by 12 months from the original filing. 0 of the 56 units on this registration are recorded sold or booked, and 0 of 19 construction stages are filed complete.

At a glance

Project

  • NameVIVA MARINA
  • TypeMixed Development
  • Location
    • Udupi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1273/318/PR/171215/001782
  • ReraGenie IDRG-KA-14525

Builder

  • NameV S BUILDERS
  • Entity typePartnership Firm
  • Authorized SignatorySHAILENDRA BHALCHANDRA SHETTENNAVAR
  • OthersSATHISH SHETTY

Key dates

this monthRegisteredDec 2017First promiseDec 2019Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Dec 2017
  • Promised completion31 Dec 2020
  • Revised completionRevised to 31 Dec 2020 (originally 31 Dec 2019)
  • Buildings2 building records
  • Documents filed55 files

Current status

0%0 of 56 units booked

Figures as on Not stated, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
VIVA MARINA A---28028
VIVA MARINA B---28028

The full filing

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

Construction progress by building1

As on Not stated, 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.

0 of 19 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.

Building: 0% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
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 drawings-

Progress on shared amenities41

As on Not stated, 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 plantingNoNot applicable
Street LightingNoNot applicable
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 requirementsNoNot applicable
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 SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksNoNot applicable
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionYes-
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
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 area3,074 sq m
Land owned byNot the promoter
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 20.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectA G ASSOCIATES
EngineerA G ASSOCIATES

Extensions applied for2

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

ExtensionDec 2019 → Sep 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1273/318/PR/200226/001782Sep 2021 → Dec 2020

Reason as filed by the promoterDelay in getting loan; Finance refusal from Financiers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed55

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/1273/318/PR/171215/001782 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Firm registration.pdf-
Certificate form Architect,Engineer,CA etc.File: Approved Infrastructure Plan.pdf-
Architect Certificate for Work Completion Schedule till DateFile: architect certificate _work completed_compressed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer certificate for work completed_compressed.pdf-
CA Certificate for Funds UtilizationFile: CA certificates for RERA Extension_compressed.pdf-
Architect Certificate for Pending Work Completion Schedule.File: architect certificate for pending work_compressed (1).pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer certificate _pending work_compressed.pdf-
CA Certificate for Funds required for Project CompletionFile: CA certificates for RERA Extension_compressed.pdf-
AffidavitFile: form b_1.pdf-
Latest Encumbrance CertificateFile: ENCUMBRANCE CERTIFICATE.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
NOC DetailsFile: CORPORATION APPROVAL VALID 19-04-2020.pdf-
Document 1File: DECLARATION PAGE 1.pdf-
Document 2File: UDIN of CA.pdf-
Document 3File: Bank statment PDF_compressed in size.pdf-
Document 4File: commencement ceretificate UDUPI Muncipal Corporation_compressed.pdf-
Document 5File: commencement ceretificate UDUPI Muncipal Corporation_compressed.pdf-
Document 6File: affidavit Template 6 ReRa _VS BUILDERS_compressed.pdf-
Firm registration-
Approved building plan-
Legible approved plan-
NOT APPLICABALE-
NOT APPLICABALE-
Absolute sale deed _VSB-
Approved Infrastructure Plan-
Approved Infrastructure Plan-
NOT APPLICABALE-
Brochure of the project-
NOT APPLICABALE-
NOT APPLICABALE-
Emcumbrances documents-
Kathaa-
JD_V S builders-
Land conversion order-
Balance Sheet 2015 - 2016File: Balancesheet.pdf-
Balance Sheet 2014 - 2015File: NOT APPLICABALE.pdf-
Balance Sheet 2013 - 2014File: NOT APPLICABALE.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Balancesheet.pdf-
Audited Profit and Loss Statement 2014 - 2015File: NOT APPLICABALE.pdf-
Audited Profit and Loss Statement 2013 - 2014File: NOT APPLICABALE.pdf-
Director's Report 2015 - 2016File: Balancesheet.pdf-
Director's Report 2014 - 2015File: NOT APPLICABALE.pdf-
Director's Report 2013 - 2014File: NOT APPLICABALE.pdf-
Cash Flow Statement 2015 - 2016File: Balancesheet.pdf-
Cash Flow Statement 2014 - 2015File: NOT APPLICABALE.pdf-
Auditor's Report 2015 - 2016File: AUDITING REPORT.pdf-
Auditor's Report 2014 - 2015File: NOT APPLICABALE.pdf-
Auditor's Report 2013 - 2014File: NOT APPLICABALE.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR VS.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: NOT APPLICABALE.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: NOT APPLICABALE.pdf-
NOT APPLICABALE-
Prospectus/BrochureFile: VS Builders___11-09-2015.pdf-
Advertisement Copy 1File: image1.jpeg-
Tower Excel SheetFile: PRM_KA_RERA_1273_318_PR_171215_001782.xlsx-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one moved by 12 months
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

Builder: V S BUILDERS

V S BUILDERS has 1 registration on RERA Karnataka, including VIVA MARINA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if VIVA MARINA is delayed beyond 31 Dec 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 VIVA MARINA?

The registered promoter entity is V S 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 VIVA MARINA?

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 VIVA MARINA?

The professionals named in the filing: Architect: A G ASSOCIATES; Engineer: A G ASSOCIATES. 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 VIVA MARINA?

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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