Vedha Enclave
BOLLEPALLI VIJAYA KUMARI AND RAVURI PAKEERAIAH · Khammam · RERA P00800008764
VEDHA ENCLAVE is a new plotted development in Venkatapuram, Mudigonda Mandal, Khammam. The registered promoter is BOLLEPALLI VIJAYA KUMARI AND RAVURI PAKEERAIAH. The registered site extent is 15072.57 sq.m, and the layout records 45 plots; no building or floor configuration is disclosed. Its TG-RERA registration number is P00800008764, and the promoter’s Form B declares completion by 27/12/2024.
01What we found
Read from TG-RERA filings, approvals, land and registration records and court records. A court case is counted only when the court record states this project's survey number with its village, or names the project.
02Check before you pay
9 items to check before you pay, 3 high - from the title chain, court records and approvals, each with what to ask the builder or your advocate. An item may not be a problem with the project: records can be incomplete.
1. Project at a glance
Project identity
| Field | Record |
|---|---|
| Registered project name | VEDHA ENCLAVE RERA record |
| Project type and registered portion | New plotted development; the RERA record identifies the project as a plotted development. No separate phase name or phase number is disclosed. RERA record RERA filing |
| TG-RERA registration | P00800008764; registered from 09/09/2024 to 27/12/2024 according to the registration certificate. RERA record |
| Registered promoter | BOLLEPALLI VIJAYA KUMARI AND RAVURI PAKEERAIAH RERA record |
| RERA status | New-project registration is recorded. The supplied registration record states its validity dates; no extension or current registration-status record is supplied. Registration validity is distinct from the completion deadline below. RERA record |
Land and geographic identity
| Field | Record |
|---|---|
| Locality / revenue village | Venkatapuram; described in the layout record as VENKATAPURAM (REV.VILL. & G.P.) |
| Mandal / district / PIN | Mudigonda Mandal / Khammam / 507158 RERA record |
| Project survey numbers as recorded | 53 B1/ and 53/B2 RERA record |
| Survey references in layout approval | 53^B1, 53/^B2, and boundary references to 53 and 60 |
| Registered site extent | 15072.57 sq.m RERA record |
| Total and net area | RERA land details record total and net area as 15072.57 sq.m. The layout plan also records Total net layout: 15072.79 sq.m. RERA filing |
| Boundaries in RERA land details | East: EXISTING WIDE ROAD 30 MT; West: SY NO 53; North: SY NO 53; South: SY NO 60 RERA filing |
Development identity
| Field | Record |
|---|---|
| Sanctioning authority | Stambhadri Urban Development Authority (SUDA) |
| Principal layout approval reference | G1/KMC/TP/004/2020; the filed layout details record approved date 03-12-2021. The draft technical layout communication is dated 28 December, 2021 and bears Draft - TLP.NO.3147/Venkatapuram/2021/0588 UDA and Lr.Roc.No.3147/Venkatapuram/2021/0588. Approvals record |
| Development form / plot count | Residential layout with 45 plots, according to the filed layout drawing and SUDA communication. |
| Approved built-up area | The RERA record lists approved built-up area as 9315.49 sq.m. The layout land-use schedule identifies 9315.49 sq.m as plotted area; it separately records Net BUA Built Up Area: 0.00. These are labels from the supplied records, not a building-area measurement. RERA filing |
| Buildings and floors | Not applicable to the supplied plotted-layout plan; no building count, floor configuration or parking levels are disclosed. |
| RERA-listed mortgage area | 1459.05 sq.m RERA filing |
Offering and status
| Field | Record |
|---|---|
| Offering | Plotted development; the filed plan records 45 plots. The RERA record does not provide a plot-by-plot booked or available inventory in the supplied evidence. RERA record |
| Plot-size information | The layout drawing contains a 45-plot schedule. Software extraction reports sizes from 140.75 sq.m to 357.38 sq.m, with a median of 195.48 sq.m; these are drawing-measured figures, not RERA-filed individual plot areas. Layout record |
| RERA completion undertaking | The promoter’s Form B declares completion by 27/12/2024. |
| Development stage | The supplied RERA amenity-progress record reports selected layout works at 80%, 90% or 100%; these are reported percentages, not independently verified site-completion findings. RERA amenities |
| Completion / occupancy certificate | No completion certificate or occupancy certificate is supplied. The project is a plotted layout, and the supplied evidence does not establish an OC status for any building or phase. Document index |
2. The project story
VEDHA ENCLAVE is registered as a residential plotted development at Venkatapuram revenue village, Mudigonda Mandal, Khammam district. The RERA certificate identifies the land as survey numbers 53 B1/ and 53/B2; the layout record also uses the notations 53^B1 and 53/^B2, and refers to survey numbers 53 and 60 in its boundary and plan details. RERA record
The filed layout plan shows a 45-plot arrangement with internal roads, park/open space, social-infrastructure land and utility land. SUDA’s supplied communication is for a draft technical layout pattern and describes infrastructure work to be carried out, including roads, drainage, water supply, street lighting, a park and rainwater-harvesting pits. It calls for development works to be completed within three years and for a final layout process after the stated conditions are met.
The promoter’s Form B undertaking gives 27/12/2024 as the project completion date. The available progress figures are RERA-recorded amenity percentages; no independent site inspection, completion certificate or occupancy certificate is provided in this evidence set. RERA amenities Document index
3. Master plan, architecture & building design
This is a plotted layout rather than a multi-storey building project in the supplied plan. The layout schedule records a total site area of 15072.57 sq.m and allocates land as follows; figures are those printed in the filed layout record.
| Layout use | Area | Printed share |
|---|---|---|
| Plotted area | 9315.49 sq.m | 61.80% |
| Roads | 4096.11 sq.m | 27.18% |
| Organized open space / park | 1133.07 sq.m | 7.52% |
| Social infrastructure | 376.90 sq.m | 2.50% |
| Utility | 151.22 sq.m | 1.00% |
| LIG plotted area | 0.00 sq.m | 0.00% |
| EWS plotted area | 0.00 sq.m | 0.00% |
| Amenity area | 0.00 sq.m | 0.00% |
| Buffer-zone area | 0.00 sq.m | 0.00% |
| Green-belt area | 0.00 sq.m | 0.00% |
| Common-parking area | 0.00 sq.m | 0.00% |
The drawing records 45 plots and internal road widths including 12.19MT. WIDE ROAD and 9.14MT. WIDE ROAD; the layout also identifies an existing and a proposed 30.00 MT WIDE road. The supplied plan does not provide building footprints, building or tower heights, floors, apartment layouts, or building-level parking. The project’s RERA record gives approved built-up area as 9315.49 sq.m, while the layout schedule labels the same figure as plotted area and separately records Net BUA Built Up Area: 0.00; no building-area interpretation is made here. RERA filing
The SUDA communication describes 1459.05 sq.m as the 15% plotted-area mortgage area and states that the mortgaged plots are not for sale until the relevant release conditions are met. It also describes land to be handed over for roads, open space, social infrastructure and utilities, and refers to 5% of plotted area for master-plan facilities, subject to the stated condition.
4. Homes, configurations & floor plans
The RERA-filed offering is plotted development, not a set of apartment configurations. The filed layout schedule records 45 plots. The supplied RERA evidence does not give plot-by-plot bookings, availability, or a RERA-filed plot-size schedule. RERA record
Software extraction from the approved layout drawing reports 45 plots with sizes, ranging from 140.75 sq.m to 357.38 sq.m, with a median of 195.48 sq.m. These are drawing-measured figures and should be checked against the plan; they are not individual RERA-filed saleable-area figures. Layout record The floor-plan review reports two layout sheets and no flat-bearing floor plans; no apartment configuration, carpet area, or loading figure is established by the supplied drawings. Floor plans
5. Parking & vehicle circulation
The filed layout schedule records Proposed Number of Parkings: 0 and Common Parking Area: 0.00. The supplied evidence does not establish resident or visitor parking counts, accessible parking, parking allocation to individual plots, or any building-level parking provision.
The layout drawing identifies internal roads, including 12.19MT. WIDE ROAD and 9.14MT. WIDE ROAD, and a 30.00 MT WIDE EXISTING ROAD and 30.00 MT WIDE PROPOSED ROAD. It does not supply details of driveways, vehicle gates, ramps, pedestrian separation or EV charging.
6. Amenities, recreation & open spaces
The layout plan allocates park/open space, social-infrastructure land and utility land. SUDA’s communication describes the facilities and layout works below. The progress percentages are those reported in the RERA amenity record and are not independent completion certifications. RERA amenities
| Facility | Description / size | Evidence source | Declared progress / verified status |
|---|---|---|---|
| Park / organized open space | 1133.07 sq.m; layout schedule prints 7.52% | Green Strip/TOT LOT/Park reported 80%; independently verified completion not supplied. RERA amenities | |
| Social infrastructure | 376.90 sq.m | No facility-specific progress figure supplied. RERA amenities | |
| Utility land | 151.22 sq.m | No facility-specific progress figure supplied. RERA amenities | |
| Internal roads and footpaths | Layout includes road areas and road widths; SUDA requires road formation with black top | Reported 90%; independently verified completion not supplied. RERA amenities | |
| Street lighting | SUDA communication specifies street lights | Reported 80%; independently verified completion not supplied. RERA amenities | |
| Avenue plantation | Included in SUDA’s listed development works | No separate progress figure supplied. RERA amenities | |
| Rainwater harvesting | SUDA communication specifies rainwater-harvesting pits | Water conservation/rainwater harvesting reported 100%; independently verified completion not supplied. RERA amenities |
The RERA amenity record lists community buildings, treatment and disposal of sewage/sullage water, solid-waste management and disposal, energy management, fire protection/fire-safety requirements, and aggregate recreational open space at 0%. These are recorded status values, not a finding about the eventual provision or legal requirements for this plotted layout. RERA amenities
7. Utilities, building services & safety
SUDA’s layout communication specifies internal water-supply pipelines, an overhead tank and an assured water-supply source; storm-water drains; underground drainage lines and a common septic tank or STP; electrical supply lines, street lights and a transformer; and rainwater-harvesting pits. These are stated development requirements in the supplied approval communication, not independent confirmation that each system is installed or operational.
The RERA amenity record reports water supply at 90%, sewerage (chamber, lines, septic tank, STP) at 90%, storm-water drains at 90%, and electrical meter room/sub-station/receiving station at 80%. It reports water conservation/rainwater harvesting at 100%. The evidence does not give capacities, water-source particulars, treatment specifications, electrical load, backup arrangements, security systems or accessibility details; independent verification is not supplied. RERA amenities
8. Location, access & connectivity
The registered location is Venkatapuram, Mudigonda Mandal, Khammam, 507158. The RERA land record places the site in survey numbers 53 B1/ and 53/B2 and describes its eastern boundary as EXISTING WIDE ROAD 30 MT. The supplied layout drawing also identifies a 30.00 MT WIDE PROPOSED ROAD and internal roads. RERA record RERA filing
The cadastral parcel centroid is 17.170145965815106, 80.08414966905903. A location dataset gives the nearest sampled Outer Ring Road interchange as approximately 152.3 km away. Cadastral map Location record No other project-specific public-transport or landmark distance is supplied.
9. Developer & development status
The registered promoter is BOLLEPALLI VIJAYA KUMARI AND RAVURI PAKEERAIAH. The RERA record gives the organization type as Others and describes it as OTHERS; a more specific legal-entity form is not established in the supplied evidence. The recorded promoter address is B, PANDILLAPALLI, VENKATAPURAM, MUDIGONDA, Mudigonda Mandal, Khammam, 507158. A corporate registration identifier, official contact details and official project website are not supplied. RERA record RERA filing Corporate record
Form B is a promoter declaration by BOLLEPALLI VIJAYA KUMARI that the project would be completed by 27/12/2024. The RERA certificate records registration validity separately as 09/09/2024 to 27/12/2024. The supplied evidence contains reported progress percentages for selected layout works but no independently verified overall completion or final-layout release record. RERA amenities Document index
10. Approvals, official records & documents
| Record | Supplied evidence |
|---|---|
| TG-RERA registration | Form C certificate for VEDHA ENCLAVE, registration P00800008764, with validity 09/09/2024–27/12/2024. |
| Layout approval record | Layout plan details identify G1/KMC/TP/004/2020, SUDA, and approved date 03-12-2021. |
| Draft technical layout communication | SUDA communication dated 28 December, 2021, file Lr.Roc.No.3147/Venkatapuram/2021/0588, draft technical layout number Draft - TLP.NO.3147/Venkatapuram/2021/0588 UDA. The document describes a draft layout and development conditions. |
| Promoter declaration | Form B by BOLLEPALLI VIJAYA KUMARI, including declared title, encumbrance and completion statements. |
| Completion / occupancy record | No completion certificate or occupancy certificate is supplied in the reviewed evidence. Document index |
| Building / commencement records | No building-level commencement certificate or building plan is established; the supplied record concerns a plotted layout. |
The supplied layout approval document is the principal drawing-based source for plot count and land-use allocation. Full compliance assessment and approval conditions are addressed in the approvals review; this overview records the documents and figures available in the evidence set.
1. Project at a glance
Project identity
Registered project name: VEDHA ENCLAVE
Project type and registered portion: New plotted development; the RERA record identifies the project as a plotted development. No separate phase name or phase number is disclosed.
TG-RERA registration: P00800008764; registered from 09/09/2024 to 27/12/2024 according to the registration certificate.
Registered promoter: BOLLEPALLI VIJAYA KUMARI AND RAVURI PAKEERAIAH
RERA status: New-project registration is recorded. The supplied registration record states its validity dates; no extension or current registration-status record is supplied. Registration validity is distinct from the completion deadline below.
Land and geographic identity
Locality / revenue village: Venkatapuram; described in the layout record as VENKATAPURAM (REV.VILL. & G.P.)
Mandal / district / PIN: Mudigonda Mandal / Khammam / 507158
Project survey numbers as recorded: 53 B1/ and 53/B2
Survey references in layout approval: 53^B1, 53/^B2, and boundary references to 53 and 60
Registered site extent: 15072.57 sq.m
Total and net area: RERA land details record total and net area as 15072.57 sq.m. The layout plan also records Total net layout: 15072.79 sq.m.
Boundaries in RERA land details: East: EXISTING WIDE ROAD 30 MT; West: SY NO 53; North: SY NO 53; South: SY NO 60
Development identity
Sanctioning authority: Stambhadri Urban Development Authority (SUDA)
Principal layout approval reference: G1/KMC/TP/004/2020; the filed layout details record approved date 03-12-2021. The draft technical layout communication is dated 28 December, 2021 and bears Draft - TLP.NO.3147/Venkatapuram/2021/0588 UDA and Lr.Roc.No.3147/Venkatapuram/2021/0588.
Development form / plot count: Residential layout with 45 plots, according to the filed layout drawing and SUDA communication.
Approved built-up area: The RERA record lists approved built-up area as 9315.49 sq.m. The layout land-use schedule identifies 9315.49 sq.m as plotted area; it separately records Net BUA Built Up Area: 0.00. These are labels from the supplied records, not a building-area measurement.
Buildings and floors: Not applicable to the supplied plotted-layout plan; no building count, floor configuration or parking levels are disclosed.
RERA-listed mortgage area: 1459.05 sq.m
Offering and status
Offering: Plotted development; the filed plan records 45 plots. The RERA record does not provide a plot-by-plot booked or available inventory in the supplied evidence.
Plot-size information: The layout drawing contains a 45-plot schedule. Software extraction reports sizes from 140.75 sq.m to 357.38 sq.m, with a median of 195.48 sq.m; these are drawing-measured figures, not RERA-filed individual plot areas.
RERA completion undertaking: The promoter’s Form B declares completion by 27/12/2024.
Development stage: The supplied RERA amenity-progress record reports selected layout works at 80%, 90% or 100%; these are reported percentages, not independently verified site-completion findings.
Completion / occupancy certificate: No completion certificate or occupancy certificate is supplied. The project is a plotted layout, and the supplied evidence does not establish an OC status for any building or phase.
2. The project story
VEDHA ENCLAVE is registered as a residential plotted development at Venkatapuram revenue village, Mudigonda Mandal, Khammam district. The RERA certificate identifies the land as survey numbers 53 B1/ and 53/B2; the layout record also uses the notations 53^B1 and 53/^B2, and refers to survey numbers 53 and 60 in its boundary and plan details.
The filed layout plan shows a 45-plot arrangement with internal roads, park/open space, social-infrastructure land and utility land. SUDA’s supplied communication is for a draft technical layout pattern and describes infrastructure work to be carried out, including roads, drainage, water supply, street lighting, a park and rainwater-harvesting pits. It calls for development works to be completed within three years and for a final layout process after the stated conditions are met.
The promoter’s Form B undertaking gives 27/12/2024 as the project completion date. The available progress figures are RERA-recorded amenity percentages; no independent site inspection, completion certificate or occupancy certificate is provided in this evidence set.
3. Master plan, architecture & building design
This is a plotted layout rather than a multi-storey building project in the supplied plan. The layout schedule records a total site area of 15072.57 sq.m and allocates land as follows; figures are those printed in the filed layout record.
| Layout use | Area | Printed share |
|---|---|---|
| Plotted area | 9315.49 sq.m | 61.80% |
| Roads | 4096.11 sq.m | 27.18% |
| Organized open space / park | 1133.07 sq.m | 7.52% |
| Social infrastructure | 376.90 sq.m | 2.50% |
| Utility | 151.22 sq.m | 1.00% |
| LIG plotted area | 0.00 sq.m | 0.00% |
| EWS plotted area | 0.00 sq.m | 0.00% |
| Amenity area | 0.00 sq.m | 0.00% |
| Buffer-zone area | 0.00 sq.m | 0.00% |
| Green-belt area | 0.00 sq.m | 0.00% |
| Common-parking area | 0.00 sq.m | 0.00% |
The drawing records 45 plots and internal road widths including 12.19MT. WIDE ROAD and 9.14MT. WIDE ROAD; the layout also identifies an existing and a proposed 30.00 MT WIDE road. The supplied plan does not provide building footprints, building or tower heights, floors, apartment layouts, or building-level parking. The project’s RERA record gives approved built-up area as 9315.49 sq.m, while the layout schedule labels the same figure as plotted area and separately records Net BUA Built Up Area: 0.00; no building-area interpretation is made here.
The SUDA communication describes 1459.05 sq.m as the 15% plotted-area mortgage area and states that the mortgaged plots are not for sale until the relevant release conditions are met. It also describes land to be handed over for roads, open space, social infrastructure and utilities, and refers to 5% of plotted area for master-plan facilities, subject to the stated condition.
4. Homes, configurations & floor plans
The RERA-filed offering is plotted development, not a set of apartment configurations. The filed layout schedule records 45 plots. The supplied RERA evidence does not give plot-by-plot bookings, availability, or a RERA-filed plot-size schedule.
Software extraction from the approved layout drawing reports 45 plots with sizes, ranging from 140.75 sq.m to 357.38 sq.m, with a median of 195.48 sq.m. These are drawing-measured figures and should be checked against the plan; they are not individual RERA-filed saleable-area figures. The floor-plan review reports two layout sheets and no flat-bearing floor plans; no apartment configuration, carpet area, or loading figure is established by the supplied drawings.
5. Parking & vehicle circulation
The filed layout schedule records Proposed Number of Parkings: 0 and Common Parking Area: 0.00. The supplied evidence does not establish resident or visitor parking counts, accessible parking, parking allocation to individual plots, or any building-level parking provision.
The layout drawing identifies internal roads, including 12.19MT. WIDE ROAD and 9.14MT. WIDE ROAD, and a 30.00 MT WIDE EXISTING ROAD and 30.00 MT WIDE PROPOSED ROAD. It does not supply details of driveways, vehicle gates, ramps, pedestrian separation or EV charging.
6. Amenities, recreation & open spaces
The layout plan allocates park/open space, social-infrastructure land and utility land. SUDA’s communication describes the facilities and layout works below. The progress percentages are those reported in the RERA amenity record and are not independent completion certifications.
| Facility | Description / size | Evidence source | Declared progress / verified status |
|---|---|---|---|
| Park / organized open space | 1133.07 sq.m; layout schedule prints 7.52% | Green Strip/TOT LOT/Park reported 80%; independently verified completion not supplied. | |
| Social infrastructure | 376.90 sq.m | No facility-specific progress figure supplied. | |
| Utility land | 151.22 sq.m | No facility-specific progress figure supplied. | |
| Internal roads and footpaths | Layout includes road areas and road widths; SUDA requires road formation with black top | Reported 90%; independently verified completion not supplied. | |
| Street lighting | SUDA communication specifies street lights | Reported 80%; independently verified completion not supplied. | |
| Avenue plantation | Included in SUDA’s listed development works | No separate progress figure supplied. | |
| Rainwater harvesting | SUDA communication specifies rainwater-harvesting pits | Water conservation/rainwater harvesting reported 100%; independently verified completion not supplied. |
The RERA amenity record lists community buildings, treatment and disposal of sewage/sullage water, solid-waste management and disposal, energy management, fire protection/fire-safety requirements, and aggregate recreational open space at 0%. These are recorded status values, not a finding about the eventual provision or legal requirements for this plotted layout.
7. Utilities, building services & safety
SUDA’s layout communication specifies internal water-supply pipelines, an overhead tank and an assured water-supply source; storm-water drains; underground drainage lines and a common septic tank or STP; electrical supply lines, street lights and a transformer; and rainwater-harvesting pits. These are stated development requirements in the supplied approval communication, not independent confirmation that each system is installed or operational.
The RERA amenity record reports water supply at 90%, sewerage (chamber, lines, septic tank, STP) at 90%, storm-water drains at 90%, and electrical meter room/sub-station/receiving station at 80%. It reports water conservation/rainwater harvesting at 100%. The evidence does not give capacities, water-source particulars, treatment specifications, electrical load, backup arrangements, security systems or accessibility details; independent verification is not supplied.
8. Location, access & connectivity
The registered location is Venkatapuram, Mudigonda Mandal, Khammam, 507158. The RERA land record places the site in survey numbers 53 B1/ and 53/B2 and describes its eastern boundary as EXISTING WIDE ROAD 30 MT. The supplied layout drawing also identifies a 30.00 MT WIDE PROPOSED ROAD and internal roads.
The cadastral parcel centroid is 17.170145965815106, 80.08414966905903. A location dataset gives the nearest sampled Outer Ring Road interchange as approximately 152.3 km away. No other project-specific public-transport or landmark distance is supplied.
9. Developer & development status
The registered promoter is BOLLEPALLI VIJAYA KUMARI AND RAVURI PAKEERAIAH. The RERA record gives the organization type as Others and describes it as OTHERS; a more specific legal-entity form is not established in the supplied evidence. The recorded promoter address is B, PANDILLAPALLI, VENKATAPURAM, MUDIGONDA, Mudigonda Mandal, Khammam, 507158. A corporate registration identifier, official contact details and official project website are not supplied.
Form B is a promoter declaration by BOLLEPALLI VIJAYA KUMARI that the project would be completed by 27/12/2024. The RERA certificate records registration validity separately as 09/09/2024 to 27/12/2024. The supplied evidence contains reported progress percentages for selected layout works but no independently verified overall completion or final-layout release record.
10. Approvals, official records & documents
TG-RERA registration: Form C certificate for VEDHA ENCLAVE, registration P00800008764, with validity 09/09/2024–27/12/2024.
Layout approval record: Layout plan details identify G1/KMC/TP/004/2020, SUDA, and approved date 03-12-2021.
Draft technical layout communication: SUDA communication dated 28 December, 2021, file Lr.Roc.No.3147/Venkatapuram/2021/0588, draft technical layout number Draft - TLP.NO.3147/Venkatapuram/2021/0588 UDA. The document describes a draft layout and development conditions.
Promoter declaration: Form B by BOLLEPALLI VIJAYA KUMARI, including declared title, encumbrance and completion statements.
Completion / occupancy record: No completion certificate or occupancy certificate is supplied in the reviewed evidence.
Building / commencement records: No building-level commencement certificate or building plan is established; the supplied record concerns a plotted layout.
The supplied layout approval document is the principal drawing-based source for plot count and land-use allocation. Full compliance assessment and approval conditions are addressed in the approvals review; this overview records the documents and figures available in the evidence set.
Frequently asked questions
Is VEDHA ENCLAVE registered with Telangana RERA?
Yes. VEDHA ENCLAVE is registered with the Telangana Real Estate Regulatory Authority as P00800008764; the registration status is New Project.
Who is the developer of VEDHA ENCLAVE?
The promoter named in the RERA registration is BOLLEPALLI VIJAYA KUMARI AND RAVURI PAKEERAIAH.
Where is VEDHA ENCLAVE located?
VEDHA ENCLAVE is in MUDIGONDA, Venkatapuram, Mudigonda Mandal, Khammam, Telangana (507158).
When will VEDHA ENCLAVE be completed?
The promoter's proposed date of completion filed with RERA is 27/12/2024. This is the promoter's declaration, not a guarantee.