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Vasavi Sarovar RERA Cert

The Telangana Real Estate Regulatory Authority has granted a registration certificate for the project 'VASAVI SAROVAR' under project registration number P02200006766. The registration is valid for five years from 09/08/2023 to 09/08/2028, subject to various conditions including the requirement for the promoter to maintain a separate account for construction costs and submit quarterly updates. Failure to comply with these conditions may result in penalties or revocation of the registration.

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Yashwanth Reddy
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185 views1 page

Vasavi Sarovar RERA Cert

The Telangana Real Estate Regulatory Authority has granted a registration certificate for the project 'VASAVI SAROVAR' under project registration number P02200006766. The registration is valid for five years from 09/08/2023 to 09/08/2028, subject to various conditions including the requirement for the promoter to maintain a separate account for construction costs and submit quarterly updates. Failure to comply with these conditions may result in penalties or revocation of the registration.

Uploaded by

Yashwanth Reddy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Telangana Real Estate Regulatory Authority

FORM 'C'
[See rule 5(1)]
REGISTRATION CERTIFICATE OF PROJECT

This registration is granted under section 5 to the following project under project registration number : P02200006766
Project: VASAVI SAROVAR, Survey No.: SY.NO.49/A,SY.NO.50A&B,SY.NO.51A,B,C&D,SY.NO.52 A,B&D,SY.NO.53
A&B,SY.NO.54/A,B,C,D,E&G,SY.NO.55A&B,SY.NO.56A&B, SY.NO.57A&B,SY.NO.66,SY.NO.67, SY.NO.68A&B,SY.N
O.69,SY.NO.70,SY.NO.73,SY.N.76, SY.NO.77,SY.NO.78A&C,SY.NO.78 D&B,SY.NO.79,SY.NO.82,SY.NO.83,SY.NO.85,
SY.NO.86,SY.NO.87/A, B&C,SY.NO.88/B,C,D&E,SY.NO.89/A, B,C,D&E,SY.NO.90,SY.NO.91 & SY.NO.99/A,
Plot No. O
f Site: , at Kukatpally, Medchal­Malkajgiri, 500072;

1. M/S Vasavi Group Llp having its registered office / principal place of business at Village: Mandal: District: Hyderabad,
Pin: 500034.

2. This registration is granted subject to the following conditions, namely:­

(i) The promoter shall enter into an agreement for sale with the allottees as prescribed by the appropriate Government;
(ii) The promoter shall execute and register a conveyance deed in favour of the allottee or the association of the
allottees, as the case may be, of the apartment, plot or building, as the case may be, or the common areas as per
section 17;
(iii) The promoter shall deposit 70%. of the amounts realised by the promoter in a separate account to be maintained in
a schedule bank to cover the cost of construction and the land cost to be used only for that purpose as per sub­clause
(D) of clause (l) of sub­section (2) of section 4;
(iv) The registration shall be valid for a period of 5 Year commencing from 09/08/2023 and ending with 09/08/2028
unless extended by the Authority in accordance with the Act and the rules made thereunder;
(v) The promoter shall comply with the provisions of the Act and the rules and regulations made there under;
(vi) The promoter shall not contravene the provisions of any other law for the time being in force as applicable to the
project.
(vii) After receipt of Registration certificate from this Authority, the Promoter shall mandatorily submit Quarterly updates
for every Quarter i.e by till the completion date mentioned in the Form B declaration, failing which penalty would be
imposed as per provision of Act, 2016 & Rules 2017.
(viii) U/s 37 of the RE (R&D) Act, 2016, the promoter shall ensure “Advertisement of Real Estate Projects in the
prospectus, print media, hoardings or any other visual media shall mention “the Competent Authorities PROJECT
PERMISSION NUMBER” and “RERA REGISTRATION NUMBER” in the TOP RIGHT CORNER of the Advertisement”.

3. If the above mentioned conditions are not fulfilled by the promoter, the Authority may take necessary action against the pro
moter including revoking the registration granted herein, as per the Act and the rules and regulations made thereunder.

Digitally Signed By DENDI SRINIVAS REDDY


(TELANGANA REAL ESTATE REGULATORY
AUTHORITY HYDERABAD)
Date : 17-Apr-2025 12:38:33 IST

Dated: 17/04/2025 Signature and seal of the Authorized Officer


Place: Hyderabad Real Estate Regulatory Authority

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