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Registration approved Residential/Group Housing project

YASH VATIKA

By Swasthik Developers

RG-KA-48035 · RERA PRM/KA/RERA/1248/469/PR/190701/002636

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 21 months
  • 2 extensions taken

Clear

  • Separate project account declared
Jump to the 12 documents Report an error

YASH VATIKA is a Residential/Group Housing project by Swasthik Developers in Ballari, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/469/PR/190701/002636 on 1 Jul 2019. Possession is promised by 1 Jun 2023. The completion date has moved by 21 months from the original filing.

At a glance

Project

  • NameYASH VATIKA
  • TypeResidential/Group Housing
  • Location
    • Ballari
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1248/469/PR/190701/002636
  • ReraGenie IDRG-KA-48035

Builder

  • NameSwasthik Developers
  • Entity typePartnership Firm
  • Authorized SignatoryMr.Naresh Kumar Chirania

Key dates

this monthRegisteredJul 2019First promiseSep 2021Revised toJun 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Jul 2019
  • Promised completion1 Jun 2023
  • Revised completionRevised to 1 Jun 2023 (originally 1 Sep 2021)
  • BuildingsNot stated in filing
  • Documents filed12 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 area11,275 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 11.00 cr

Extensions applied for2

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

ExtensionSep 2021 → Jun 2022

No reason recorded in the filing

EX/PRM/KA/RERA/1248/469/PR/221227/002636Jun 2022 → Jun 2023

Reason as filed by the promoterShortage of Labour

Documents filed12

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/1248/469/PR/190701/002636 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: PH SW.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate_Work Done.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate_Work Done.pdf-
CA Certificate for Funds UtilizationFile: CA certificate - fund Utilized.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Certificate_Work Pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate_Work Pending.pdf-
CA Certificate for Funds required for Project CompletionFile: CA certificate - fund Required.pdf-
AffidavitFile: Affidivat cum Declearation_Notary.pdf-
Latest Encumbrance CertificateFile: Latest_EC.pdf-
Details Of Sold/ Un-sold UnitsFile: Sold & Unsold details.pdf-
Document 1File: Form B_Affidivat_Notary.pdf-
Document 2File: Project Development_Summary.pdf-

How this compares with Ballari

2%of Ballari projects moved their completion datethis one moved by 21 months
0%of Ballari registrations are shown as withdrawn or revokedthis one is not

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

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Other projects near Ballari190+ in Ballari

Builder: Swasthik Developers

Swasthik Developers has 1 registration on RERA Karnataka, including YASH VATIKA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Ballari district page.

Frequently asked questions

What are my rights if YASH VATIKA is delayed beyond 1 Jun 2023?

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 YASH VATIKA?

The registered promoter entity is Swasthik 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 YASH VATIKA?

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 YASH VATIKA?

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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