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Registration approved Plotted Development project

vivasv Placida

By Yathish Kumar NK

RG-KA-41601 · RERA PRM/KA/RERA/1265/347/PR/190531/002587

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jul 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 35 documents Report an error

vivasv Placida is a Plotted Development project by Yathish Kumar NK in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/347/PR/190531/002587 on 31 May 2019. Possession is promised by 10 Jul 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • Namevivasv Placida
  • TypePlotted Development
  • Location
    • Maluru
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/347/PR/190531/002587
  • ReraGenie IDRG-KA-41601

Builder

  • NameYathish Kumar NK
  • Entity typePartnership Firm
  • Authorized SignatoryPratibha Shri Pandey
  • OthersVarun Kumar Pandey

Key dates

this monthRegisteredMay 2019First promiseOct 2021Revised toJul 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 May 2019
  • Promised completion10 Jul 2022
  • Revised completionRevised to 10 Jul 2022 (originally 10 Oct 2021)
  • BuildingsNot stated in filing
  • Documents filed35 files

The full filing

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

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 area40,316 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

Extensions applied for1

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

ExtensionOct 2021 → Jul 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed35

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/1265/347/PR/190531/002587 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: registration certificate.pdf-
commencment certificte-
MPA Placida Approved scan-
praforma of sale deed-
AGREEMENT FOR SALE-
Sale Deed and RTC-
MASTER PLAN_05-10-2018-
AGREEMENT FOR SALE-
Placida Brouch-1-
Specifications-
enumbrnace certificates-
Rera Affidavit001-
katha-
JDA-10AcreAnchemuskuru-23rdFeb2016-
Placida Land Convertion001-
Relinquishment-
MPA Placida Approved scan-
MPA Placida Approved scan-
Placida Land Convertion001-
Legal Opinion - Vivassvaath Sai Infra - Varun Pandey Anchemuskur Village Property - 62_1, -
Balance Sheet 2017 - 2018File: BS 17-18-2.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet 15-16-4.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet 14-15.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit & Loss17-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit & Loss 15-16.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss 14-15.pdf-
Cash Flow Statement 2017 - 2018File: Profit & Loss17-18.pdf-
Cash Flow Statement 2016 - 2017File: Profit & Loss 15-16.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: 2018-19-ITR- under process.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: 16-17-ITR.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 16-17-ITR.pdf-
Declaration-
Prospectus/BrochureFile: Placida Broucher.pdf-
Advertisement Copy 1File: Placida add with Rera no.jpg-
Plot Excel SheetFile: PRM_KA_RERA_1265_347_PR_190531_002587 (1).xlsx-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one moved by 9 months
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Other projects near Kolar190+ in Kolar

Builder: Yathish Kumar NK

Yathish Kumar NK has 1 registration on RERA Karnataka, including vivasv Placida. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if vivasv Placida is delayed beyond 10 Jul 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 vivasv Placida?

The registered promoter entity is Yathish Kumar NK, 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 vivasv Placida?

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 vivasv Placida?

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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About vivasv Placida. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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