RERA: P03270020115RERA Registered Ready to Move (100% Complete)

Vertex Villas 16

Promoter / Developer:Vertex Homes•Yendada, Visakhapatnam, Andhra Pradesh

Data directly synced with APRERA (Government of Andhra Pradesh)
Certified Land Cost

₹55.5 Cr

Form 3 CA Certificate
Construction Budget

Awaiting Filing

Form 2 Site Engineer
Official Possession Date

2023-12-31

Delayed by 1007 days
70% RERA Escrow Bank

HDFC Bank Ltd

A/C: ••••0015

Certified Cost Audit (Form 3 Filing)

CA Certified (Form 3)

Under Section 4(2)(l)(D) of the Real Estate (Regulation and Development) Act 2016, 70% of all amounts realized for the real estate project from the allottees must be deposited in a separate bank account to cover the cost of construction and the land cost.

Certified Land Cost

₹55.5 Cr

Construction Spend

Awaiting Filing

Total Project Outlay

₹177.6 Cr

Mandatory Statutory Buyer Escrow Protection (RERA Act 2016 § 4(2)(l)(D)):

Before transferring any booking token or executing RTGS/cheque transfers, buyers MUST cross-verify the project bank account details against the promoter's physical stamped Form C Registration Certificate. Never transfer funds to any personal, marketing broker, or unverified current account.

Bank: HDFC Bank Ltd•A/C: ••••0015 (Escrow)•IFSC: HDFC0000184

Official Government Filings (6 Documents on Record)

Source: APRERA (Government of Andhra Pradesh)

Official RERA Registration Certificate

Statutory registration certificate granted by APRERA (Government of Andhra Pradesh) confirming legal authority under Reg No. P03270020115.

Official Government Vault Record

Municipal Sanctioned Building Plan & Layout Sanction

Sanctioned layout plans, structural drawings, and statutory municipal clearances.

Official Government Vault Record

Chartered Accountant Form 3 Financial Audit & Cost Ledger

Statutory quarterly ledger verifying ₹55.5 Cr land outlay and ₹177.6 Cr total cost.

Official Government Vault Record

70% Designated Escrow Bank Account Maintenance Declaration

Separate bank escrow account with HDFC Bank Ltd safeguarding buyer funds under RERA Section 4(2)(l)(D).

Official Government Vault Record

Engineer Progress Quarterly Verification Report (Form 2)

Chartered engineer physical inspection verifying 100% civil and structural completion.

Official Government Vault Record

Agreement for Sale (Statutory State RERA Standard Form Draft)

Draft contract guaranteeing delivery dates, carpet area verification, and five-year defect liability.

Official Government Vault Record
Property Verification Audit1 Credit Access

Unlock Full Due-Diligence Report

Protect your advance token with our comprehensive property safety audit.

Contradiction Radar: Form 5 delay & extension detector
Sales Agreement vs RERA Model Contract diff
5 dynamic interrogation questions for builder
Instant watermarked PDF report download
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Land Title & Ownership

Freehold Land (Marketable Title)

Sub-Registrar Record on File

Promoter Track RecordInstitutional Grade

Vertex Homes

Tracked Projects8 Registered
On-Time Score92.5%

Yendada, Visakhapatnam, Andhra Pradesh

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Important Information for Property Buyers

This page brings together the official public papers, progress updates, approved building maps, and notifications submitted by the builder to the government real estate authority (APRERA (Government of Andhra Pradesh)).

OwnProperty shows these government records exactly as filed by the builder. The dates, work progress, and bank details shown here come directly from what the builder reported. Before paying any token money or signing a sale agreement, we strongly advise you to check the original stamped paper certificate and have an experienced lawyer review the property documents.