RERA Property Intelligence Report · Preview
VATSALA CONSTRUCTIONS MADAN D DESHPANDE HUF · · K-RERA PRM/KA/RERA/1249/447/PR/160124/006552
Report coverage
K-RERA registry & builder-record report
What this report covers
To confirm directly with the builder
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk rating, the specific red-flag findings, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the builder before you commit.
Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.
| Disclosure | Official value | Why it matters |
|---|---|---|
| Registered units | 17 | Total inventory registered with K-RERA. |
| Official carpet area | 2,312 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Official built-up area | 2,388 sqm | Useful scale context when comparing density and project cost. |
| Registered land area | 836 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 2.86 | Higher FAR generally means a denser vertical build, subject to site layout and open-space design. |
| Registered towers/wings | 1 | Official tower/wing count in the K-RERA detail page. |
| Parking disclosed | 17 total (17 covered, 0 open) — 1.00 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Approved plan number | BGM-LBPAS-22714/23-24/BP | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 03-11-2023 | |
| Project start date | 15-11-2023 |
K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.
Registered inventory mix
| Type | Units | Share | Official carpet area |
|---|---|---|---|
| 3BHK | 6 | 35% | 597 sqm |
| 2BHK | 9 | 53% | 655 sqm |
| COMMERCIAL (COMPUTER INSTITUTE) | 2 | 12% | 1,060 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| HARI NIKHUNJ | 5 | 17 | 17 | 14.95 m |
K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 17 official flat/unit rows, matching the 17 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.
By unit type
| Unit type | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| 2 BHK | 9 | 69.1-79.9 sqft | 25.0-30.7 sqft | 9 |
| 3 BHK | 6 | 89.9-108.9 sqft | 33.7-41.2 sqft | 6 |
| COMMERCIAL | 2 | 527.4-533.1 sqft | 180.9-182.9 sqft | 2 |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| HARI NIKHUNJ | 17 | 69.1-533.1 sqft | 25.0-182.9 sqft | 17 |
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| G-001 | HARI NIKHUNJ | 0 | COMMERCIAL | 533.1 sqft | 182.9 sqft | 1 |
| F-101 | HARI NIKHUNJ | 1 | COMMERCIAL | 527.4 sqft | 180.9 sqft | 1 |
| F-201 | HARI NIKHUNJ | 2 | 2 BHK | 79.9 sqft | 30.7 sqft | 1 |
| F-202 | HARI NIKHUNJ | 2 | 2 BHK | 69.1 sqft | 26.5 sqft | 1 |
| F-203 | HARI NIKHUNJ | 2 | 2 BHK | 69.4 sqft | 25.0 sqft | 1 |
| F-204 | HARI NIKHUNJ | 2 | 3 BHK | 89.9 sqft | 33.7 sqft | 1 |
What the numbers tell you
Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.
🔒 Unit-by-unit guidance · Unit Guidance report
Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.
🔒 Full records — land title, amenities paperwork & document catalog · Compliance report
The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.
No litigation declared on this project's K-RERA filing.
4 of 27 compliance document slots are filed as Not Applicable; the remaining 23 slots have usable uploaded filings.
No completion certificate (OC) on file yet — project has not been declared complete.
Named utility/regulatory approvals
"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.
Clean approvals profile: every applicable statutory NOC is on file — including pollution-control clearance (KSPCB), the clearances buyers most often find still pending. Nothing is outstanding among the statutory NOCs — which compliance documents are filed versus still under process is a separate matter, covered in Litigation & compliance above. Note Fire NOC and environmental clearance are not among the approvals K-RERA marks applicable to this project — if the named-approvals check shows them as "not found in catalog", that is why; ask the builder directly whether they apply here. Since these are developer-filed portal statuses, have your lawyer confirm them against the linked NOC copies.
7 further authority slots are marked not applicable by the regulator.
| Authority / NOC | Status | Date | File |
|---|---|---|---|
| Water supply and sewage board | Approved | 15-07-2023 | Water NOC.pdf |
| KSPCB- PCB (10 Acres to 125 Acres) | Approved | 30-11-2022 | KSPCB NOC (1) (1).pdf |
| KPTCL- BESCOM | Approved | 27-07-2023 | HESCOM NOC.pdf |
K-RERA names 4 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.
| Role | Name | Registration / licence | Since | Locality |
|---|---|---|---|---|
| Chartered accountant | CA SANJEEV R AYACHIT | 257536 | 2021 | Belagavi, Karnataka - 590001 |
| Engineer | Er. ANUJ. M. DESHPANDE | CCB/PWD/DM/LCN-1316/2023-24 | 2023 | Belagavi, Karnataka - 590006 |
| Architect | Ar. MILIND BELGOANKAR | BGM/BL-610/2023-24 | 2021 | Belagavi, Karnataka - 590006 |
| Contractor | VATSALA CONSTRUCTIONS MADAN DESHPANDE (HUF) | - | 2017 | Belagavi, Karnataka - 590006 |
Latest quarterly filing (2025-Q4): ₹0.93 Cr collected from buyers, ₹2.04 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹2.04 Cr) exceeded buyer collections (₹0.93 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.
| Construction progress | 88% → 100% (+12 pts) |
| Units sold/booked as registered | 17/17 (100%) |
| Buyer collections in available QPRs | ₹2.55 Cr |
| Escrow withdrawals in available QPRs | ₹3.17 Cr (1.25x collections) |
QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.
Declared construction cost ÷ registered units averages to ₹41.8 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.
RERA 70% project account is on file: Saraswat Co-operative Bank Ltd.. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.
The nearest major job hub is ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| MG Road / city centre | 3 km |
| Outer Ring Road / Manyata | 10 km |
| Bellandur–Marathahalli belt | 12 km |
| Electronic City | 16 km |
| Whitefield IT hub | 19 km |
| Kempegowda Int'l Airport | 30 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.
Should you buy in HARI NIKHUNJ?
This page is the free K-RERA filing summary. The full RERA Property Intelligence Report gives you buyer-complaint history, regulatory flags, builder track record, the official unit register, land title, NOCs, and (where the sanctioned plans support it) room-by-room unit data and an annotated site plan. See a real one first:
Sample: Sobha Silicon Oasis → · browse all sample reports →
Compliance Report · ₹999
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Everything, down to which unit · 1 working day
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Built by Vatsala Constructions.
Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.
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Last checked against the RERA register: 16 Jul 2026