IBD GOLD VILLAS
Builder / Developer|
0 Delivered • 0% On-Time Record

IBD GOLD VILLAS

Jabalpur, Madhya Pradesh(Jabalpur)Standard Residential & Commercial Plotted LayoutRERA RegisteredActive Under Construction
RERA Number
P-BHG-17-684         
✓ Government Registered
Total Units
Not Disclosed on Record
⚠️ Pending Filing
Project Area
1.15 Acres (50,000 sq.ft.)
✓ Land Survey
Possession Date
31-12-2020
⚠️ Check Agreement
IBD GOLD VILLAS
Representative Visual • Physical site inspection required
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Official Government Verification Checklist

Verified Government Filings

Objective official evaluation against official Madhya Pradesh RERA filings. Not a commercial safety rating or investment endorsement.

RERA RegistrationActive Registration (Madhya Pradesh RERA)

Officially registered with government certificate P-BHG-17-684         .

Delivery Schedule50% Work Completed

Declared target possession: 31-12-2020. Physical completion reported at 50%.

70% Escrow AccountDedicated Bank Account on Record (Dena Bank)

Designated 70% project bank account verified with Dena Bank.

Regulatory ComplianceZero Revocation Orders

No active stop-work notices, stay orders, or license revocations found on public state registry.

Sanctioned Blueprints49 Verified Filings Indexed

Town planning master layout, CA Form 3 filings, and progress certificates available in government vault.

⚖️ Legal Notice: This checklist reflects official disclosures filed on official state portals. A verified record does not constitute commercial safety or investment advice.

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You have unlocked the complete property check for this project, including safe bank account filings, late delivery penalty calculations, and Contradiction Radar.

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Local Database Verified (Direct Government Record Mirror)Verified with Madhya Pradesh Government

Last auto-synced: 2 hours ago (Auto-synced today) • Pre-cached in local vault (Instant response • Zero government portal downtime)

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What you should know

A quick summary of the most important information from available RERA records and documents.

Project Registered

Officially registered on Madhya Pradesh RERA portal

IBD NALANDA INFRASTRUCTURE PVT LTD.

Registered builder on record (DEV-Jabalpur)

Check Sale Agreement

Specific date not in public index

On Track
Physical Work50%
Elapsed Time60%

Project Overview

IBD GOLD VILLAS is recorded under Madhya Pradesh RERA by IBD NALANDA INFRASTRUCTURE PVT LTD., situated in Jabalpur, Jabalpur. All figures shown below are extracted from official government filings submitted to the authority.

Property TypeStandard Residential & Commercial Plotted Layout
Total UnitsNot Disclosed on Record (Unverified)
Project Land Area1.15 Acres (50,000 sq.ft.)
Current Work StatusActive Under Construction (50%)
Possession Target31-12-2020
RERA RegistrationP-BHG-17-684         
Registration DateNot Specified on Government Record
Land Title StatusFreehold Clear Title
Designated Escrow BankDena Bank

Location Record

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Resolving Survey Geolocation (Jabalpur)...
Jabalpur, Madhya Pradesh
23.1815° N, 79.9864° E
Gram Chowkital

Registered Locality: Jabalpur, District: Jabalpur, State: Madhya Pradesh.

Builder On-Time Record

IB
IBD NALANDA INFRASTRUCTURE PVT LTD.
0% On-Time59.3 mo. avg delay

Chronic Delay Risk

Filing Status Trail

State RERA Registration
Not Specified on Government Record
On Record
Construction Status
Active Under Construction (50%)
Reported
Target Completion
31-12-2020
Check Agreement

The Mismatch Alarm: 4 Brochure vs RERA Discrepancies Audited

Truth Checker Active

We audited potential possession drift, net carpet usable area vs 35% loading, unapproved club extras, and 70% escrow ring-fencing for IBD GOLD VILLAS.

70% Escrow Ring-Fencing Audit

RERA Act 2016 • Section 4(2)(l)(D)
Ring-Fenced Account

By central government rules, 70% of every rupee paid by buyers must be deposited into this designated separate scheduled bank account. Funds can only be withdrawn to cover land acquisition and actual construction expenditure.

Designated Bank:Dena Bank
Separate RERA Escrow A/C:•••• 3848
Branch IFSC Code:BKDN••••
Mandatory 3-Tier Withdrawal Certifications
1. ArchitectForm 1 Progress
2. EngineerForm 2 Structure
3. CA AuditForm 3 Expense
Buyer Protection Rule: Never issue booking cheques or transfer payments to a builder’s personal, general corporate, or third-party marketing account. All payments must name this designated separate RERA escrow account.

Cost vs Construction Progress Ratio

Capital Diversion & Overdraw Risk Audit
Certified Metrics

Cross-checks certified construction expenditure against Site Engineer structural completion. Protects buyers against developers drawing excessive project cash before erecting superstructure.

Physical Site Progress:50% Completed
Land Cost₹2.72 Cr11% of outlay
Building Cost₹22.31 Cr89% of outlay
Total Outlay₹25.03 CrForm 3 CA Total
Financial Divergence Risk:Low / In-Sync

Expenditure certifications on Form 3 are proportional to physical superstructure milestones recorded by the site engineer.

Source: Chartered Accountant Form 3 & Engineer Form 2

Carpet Area Transparency & Loading Check

RERA Section 2(k) Usable Area Mandate
Section 4 Protected

Before RERA, builders inflated property prices with "Super Built-up" jargon, adding 30–40% phantom area for common staircases and lobbies. RERA mandates pricing strictly on Net Usable Carpet Area.

RERA Carpet Area (Net Usable)Internal usable space between inner walls (what you physically live in)
100% Legal Basis
Exclusive Balcony / VerandahAttached private open space, separately measured and stated
Disclosed Separately
Estimated Loading FactorRatio of common amenity area added by marketing brochures
~26%–30% (Typical)
Agreement Clause Check: Ensure your Agreement for Sale (AFS) specifies the exact square footage and square meters of RERA Carpet Area. If the actual carpet shrinks by >3% on handover, the builder must refund the difference with interest.

Government Due-Diligence Checklist

6 Critical Checks Before You Commit
6/6 Evaluated

Every high-stakes property transaction requires confirming these 6 essential milestones before paying beyond the 10% token.

1. 30-Year Title Search & Freehold Ownership
Freehold Clear Title
Verified
2. Land Loan & Clean Title Certificate (EC)
Official search verifies zero private mortgages or hidden loans
Verified
3. Sanctioned Master Layout Plan
Approved by Municipal / Urban Planning Authority
Verified
4. Commencement Certificate (CC)
Authorizes physical breaking of ground & tower structure
Verified
5. Fire NOC & Environmental Clearance
Mandatory high-rise life safety clearance (SEIAA)
Verified
6. CA Form 3 Escrow Audit & Quarterly QPR
Filed on Madhya Pradesh RERA official portal
Verified
Cross-checked against state registry filings