Krishnaveni Township
PATAPARLA BALU MAHESH · Nagarkurnool · RERA P01600006337
KRISHNAVENI TOWNSHIP is a plotted development in KOLLAPUR, KOLLAPUR Mandal, Nagarkurnool District, developed by registered promoter PATAPARLA BALU MAHESH. The registered site extent is 22,000.67 sq. m, and the tentative layout approval records 92 plots; buildings, floors and plot configurations are not disclosed in the supplied project records. The project is registered under TG-RERA number P01600006337, and the promoter’s Form B declares completion by 16th MAR, 2025.
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
7 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 | KRISHNAVENI TOWNSHIP RERA record |
| Project type | Plotted development RERA record RERA filing |
| Phase / registered portion | Phase not separately identified in the supplied registration record; registration is for the project named above |
| TG-RERA registration | P01600006337 |
| Registration validity | 07/07/2023–16/03/2025; the supplied certificate says it may be extended by the Authority, but no extension is recorded in the supplied evidence |
| Registered promoter | PATAPARLA BALU MAHESH RERA record |
| RERA status | The record labels the project “New Project”; the supplied certificate records registration for the validity period above. Current registration status is not established by these materials RERA filing |
Land and geographic identity
| Field | Record |
|---|---|
| Locality | KOLLAPUR RERA filing |
| Revenue village | The RERA record says “Nagar kurnool”; the tentative-layout approval identifies KOLLAPUR Revenue Village RERA filing |
| Mandal / district | Nagarkurnool / Nagarkurnool in the RERA record; the layout approval states KOLLAPUR Mandal / Nagarkurnool District RERA record |
| PIN | 509102 RERA record |
| Project survey numbers | Sy. Nos. 11/P, 12/P, 14, 15, 16/P and 17/P |
| Registered site extent | 22,000.67 sq. m total area; 1,443.03 sq. m recorded as affected by road widening/FTL/Nala widening; net area 20,557.64 sq. m RERA filing |
| Layout-approval extent | 5 Acer 17.46 Gts; 26,313 Sq. Yds |
| Boundaries | North: 60 FEET WIDE ROAD; West: ROAD; East and South: OWNERS REMAINING LAND RERA filing |
Development identity
| Field | Record |
|---|---|
| Approval authority | KOLLAPUR Municipality/Municipal Corporation |
| Principal approval | Tentative layout approval 0001/LO/3062/2022, dated 16 March 2022; application no. 005264/LO/DTCP/3062/0004/2021 |
| Layout area / plots | The approval extraction records 5 Acer 17.46 Gts and 92 plots |
| Approved built-up area | 11,627.18 sq. m is listed in the RERA land/build-up fields; the supplied evidence does not identify a building scheme or floor configuration for this plotted layout RERA filing |
| Buildings, floors and parking levels | Not disclosed in the supplied project records; this is a plotted development, not a documented apartment-building project RERA filing Document index |
Offering and status
| Field | Record |
|---|---|
| Offering | Plots; the tentative-layout approval records 92 plots RERA filing |
| Plot sizes / booked and available counts | RERA unit-type counts, plot-size schedule and booked/available inventory are not supplied. A third-party listing gives plot sizes of 1077 Sq. Ft. and 1350 Sq. Ft.; these are not established as RERA-filed figures Promoter website |
| Construction / development stage | No independently verified site-progress record is supplied. The approval requires the layout applicant to undertake infrastructure and development works |
| Completion date | The promoter’s Form B declares completion by 16th MAR, 2025; this is a promoter undertaking, distinct from registration validity |
| Occupancy / completion certificate | No occupancy or completion certificate is included in the supplied evidence; OC status is therefore not established Document index |
2. The project story
Krishnaveni Township is registered as a plotted-development project under TG-RERA number P01600006337, promoted by PATAPARLA BALU MAHESH. The RERA record locates it at KOLLAPUR and identifies Sy. Nos. 11/P, 12/P, 14, 15, 16/P and 17/P; the layout approval describes the site as being in KOLLAPUR Revenue Village, KOLLAPUR Mandal, Nagarkurnool District. RERA record RERA filing
The approval on file is for a tentative layout, with 92 plots and a stated approval extent of 5 Acer 17.46 Gts. The approval places responsibility for infrastructure and layout development on the applicant and describes roads, drainage, water-supply works, electrical infrastructure, plantation, park development and rainwater-harvesting works. The records do not establish the current physical completion of those works or provide an independent site inspection.
The promoter’s Form B declares a completion date of 16 March 2025. The RERA certificate’s validity also ended on 16 March 2025, but registration validity and the project completion undertaking are separate records; neither, by itself, establishes an occupancy/completion certificate or verified completion.
3. Master plan, architecture & building design
The available design evidence is a tentative plotted layout, not an apartment floor plan. Its area statement allocates land as follows:
| Layout use | Area stated in approval | Share stated in approval |
|---|---|---|
| Plotted area | 2 Acer 34.92 Gts; 13,906 Sq. Yds | 56.56% |
| Roads | 1 Acer 19.82 Gts; 7,238 Sq. Yds | 29.44% |
| Open space (park) | 0 Acer 21.04 Gts; 2,546 Sq. Yds | 10.36% |
| Social infrastructure | 0 Acer 5.09 Gts; 616 Sq. Yds | 2.51% |
| Utilities | 0 Acer 2.33 Gts; 282 Sq. Yds | 1.15% |
The RERA-filed land details state 22,000.67 sq. m total area, 1,443.03 sq. m affected area and 20,557.64 sq. m net area. The drawing-derived layout record separately reports a land-use-table base of 20,558.23 sq. m and a plot count read from the drawing of 93 (plot numbers 1–93); plot-size extraction is incomplete. These drawing readings are software-derived and should be checked against the original layout drawing. RERA filing Layout record
The layout approval describes a 0 Acer 19.83 Gts (2,400 Sq. Yds) mortgage area, stated as 17.03% of plotted area, comprising plots 68, 55, 69, 54, 70, 53, 50, 35, 51, 34, 52, 33, 31, 14, 13 and 32, under mortgage deed no. 532, in favour of KOLLAPUR Municipality/Municipal Corporation.
No building count, floor configuration, building footprint, apartment arrangement, or floor-level parking design is evidenced for this plotted project. The RERA figure of 11,627.18 sq. m is labelled approved built-up area in the filed fields; it is not a plot saleable-area or carpet-area figure. RERA filing Document index
4. Homes, configurations & floor plans
This is a plotted layout. The supplied RERA material does not include a plot-by-plot inventory table with configuration counts, booked/available status or RERA-filed plot areas. The layout approval states 92 plots; software reading of the drawing identifies plot numbers 1–93, but the drawing-based plot extraction is incomplete and is not a substitute for the RERA inventory. Layout record
| Configuration | Units | Booked | Available | RERA saleable area | Measured carpet area | Loading (if supplied) |
|---|---|---|---|---|---|---|
| Plots | 92 stated in tentative-layout approval | Not disclosed | Not disclosed | Not disclosed | Not applicable | Not disclosed |
The drawing extraction reports no measured floor plans, and no plot-size schedule is supplied in the RERA records available here. A third-party listing states plot sizes of 1077 Sq. Ft. and 1350 Sq. Ft.; these are third-party figures, not confirmed RERA-filed sizes. Floor plans Promoter website
5. Parking & vehicle circulation
The supplied project records do not establish a sanctioned parking count, visitor or accessible parking provision, or plot-wise parking allocation. The tentative-layout approval requires roads to be opened for access to neighbouring sites and describes road formation with black top; the RERA boundaries identify a 60 FEET WIDE ROAD on the north and a road on the west. RERA filing
A third-party listing mentions “Open Parking”; the supplied RERA evidence does not establish its quantity, location or allocation to individual plots. Promoter website
6. Amenities, recreation & open spaces
The tentative-layout approval describes planned layout works and land allocations. The supplied records do not establish independent verification of their completion. RERA amenities
| Description / size | 0 Acer 21.04 Gts; 2,546 Sq. Yds; 10.36% |
|---|---|
| Evidence source | Tentative-layout approval |
| Declared progress / verified status | Reserved in approval; completion/hand-over status not independently verified |
| Description / size | 0 Acer 5.09 Gts; 616 Sq. Yds; 2.51% |
|---|---|
| Evidence source | Tentative-layout approval |
| Declared progress / verified status | Land-use allocation stated; facility details and completion status not established |
| Description / size | 0 Acer 2.33 Gts; 282 Sq. Yds; 1.15% |
|---|---|
| Evidence source | Tentative-layout approval |
| Declared progress / verified status | Land-use allocation stated; completion status not independently verified |
| Description / size | No size or quantity supplied |
|---|---|
| Evidence source | Tentative-layout development-works description |
| Declared progress / verified status | Described as a required layout work; completion not independently verified |
| Description / size | No additional size or facility schedule supplied |
|---|---|
| Evidence source | Tentative-layout development-works description |
| Declared progress / verified status | Described as a required layout work; completion not independently verified |
No clubhouse, indoor recreation facility, sports facility or community-building specification is established in the supplied records. RERA amenities
7. Utilities, building services & safety
The tentative-layout approval describes the following as layout development works: road formation with black top; storm-water drains; underground drainage lines and a common septic tank/STP; internal water-supply pipelines and an overhead tank; an assured water-supply source; electrical supply lines, street lights and a transformer; avenue plantation; park development; and rainwater-harvesting pits. These are approval-described works, not independent evidence that each facility is complete or operational.
The RERA amenities extract marks internal roads and footpaths, water supply, sewerage (chambers, lines, septic tank/STP), green strip/TOT LOT/park, street lighting, energy management, fire protection and safety requirements, and electrical meter room/sub-station/receiving station as “YES” at 100%. It records 0% for storm-water drains, treatment and disposal of sewage and sullage water, solid-waste management and disposal, water conservation/rainwater harvesting, and aggregate recreational open space. These are filed amenity-status entries, not independently verified completion findings. RERA amenities
No capacities or technical schedules are supplied for water storage, treatment, STP, transformer, backup power, fire-fighting equipment, waste handling, access control or CCTV. Apartment-building systems such as lifts and escape stairs are not evidenced for this plotted layout. RERA amenities Document index
8. Location, access & connectivity
The RERA record identifies the project locality as KOLLAPUR, with “Nagar kurnool” recorded as the village; the tentative-layout approval places it in KOLLAPUR Revenue Village, KOLLAPUR Mandal, Nagarkurnool District. The registered land boundaries identify a 60 FEET WIDE ROAD to the north and a ROAD to the west. RERA filing RERA filing
The supplied location record gives an approximate parcel-centroid coordinate of 16.49405, 78.30929 and lists the nearest sampled Outer Ring Road interchange at 82.8 km. A third-party listing names Prism Tiny Tots School (0.7 km), Maangalya Shopping Mall (1.8 km) and Medcure Hospitals (1.5 km); these are vendor-provided distances, not RERA-filed connectivity details. Cadastral map Location record Promoter website
9. Developer & development status
The TG-RERA registration names PATAPARLA BALU MAHESH as promoter. The RERA record identifies the promoter organization as a Proprietorship; the Form B affidavit says PATAPARLA BALU MAHESH acts for BALU MAHESH CONSTRUCTIONS. The supplied records list the promoter’s address as Telugu Veedhi, Kollapur, Nagarkurnool, Telangana, PIN 509102; no official contact details or website are supplied here. RERA record RERA filing Corporate record
The Form B affidavit, dated 30 April 2023, declares completion by 16 March 2025 and includes the promoter’s declarations concerning land title, encumbrances, project funds, audit and pending approvals. These are promoter declarations. No independent construction-progress assessment or occupancy/completion certificate is supplied. Document index
10. Approvals, official records & documents
| Available information | FORM C; registration no. P01600006337; issued 07/07/2023; validity through 16/03/2025; registered promoter Pataparla Balu Mahesh |
|---|
| Available information | Approval no. 0001/LO/3062/2022, dated 16 March 2022; application no. 005264/LO/DTCP/3062/0004/2021; KOLLAPUR Municipality/Municipal Corporation; listed survey numbers and layout conditions |
|---|
| Available information | Deed no. 532, dated 26 February 2022; specified plots mortgaged to KOLLAPUR Municipality/Municipal Corporation |
|---|
| Available information | Dated 30 April 2023; promoter declarations include completion by 16 March 2025 |
|---|
| Available information | Not present in the supplied documents |
|---|---|
| Source | Document index |
| Available information | Drawing record identified as source for software-measured layout data; plot-size extraction incomplete |
|---|---|
| Source | Layout record |
The approval document describes the plan as a tentative layout and sets out development and hand-over conditions. The supplied evidence does not include a final-layout release record or an occupancy/completion certificate. Document index
1. Project at a glance
Project identity
Registered project name: KRISHNAVENI TOWNSHIP
Project type: Plotted development
Phase / registered portion: Phase not separately identified in the supplied registration record; registration is for the project named above
TG-RERA registration: P01600006337
Registration validity: 07/07/2023–16/03/2025; the supplied certificate says it may be extended by the Authority, but no extension is recorded in the supplied evidence
Registered promoter: PATAPARLA BALU MAHESH
RERA status: The record labels the project “New Project”; the supplied certificate records registration for the validity period above. Current registration status is not established by these materials
Land and geographic identity
Locality: KOLLAPUR
Revenue village: The RERA record says “Nagar kurnool”; the tentative-layout approval identifies KOLLAPUR Revenue Village
Mandal / district: Nagarkurnool / Nagarkurnool in the RERA record; the layout approval states KOLLAPUR Mandal / Nagarkurnool District
PIN: 509102
Project survey numbers: Sy. Nos. 11/P, 12/P, 14, 15, 16/P and 17/P
Registered site extent: 22,000.67 sq. m total area; 1,443.03 sq. m recorded as affected by road widening/FTL/Nala widening; net area 20,557.64 sq. m
Layout-approval extent: 5 Acer 17.46 Gts; 26,313 Sq. Yds
Boundaries: North: 60 FEET WIDE ROAD; West: ROAD; East and South: OWNERS REMAINING LAND
Development identity
Approval authority: KOLLAPUR Municipality/Municipal Corporation
Principal approval: Tentative layout approval 0001/LO/3062/2022, dated 16 March 2022; application no. 005264/LO/DTCP/3062/0004/2021
Layout area / plots: The approval extraction records 5 Acer 17.46 Gts and 92 plots
Approved built-up area: 11,627.18 sq. m is listed in the RERA land/build-up fields; the supplied evidence does not identify a building scheme or floor configuration for this plotted layout
Buildings, floors and parking levels: Not disclosed in the supplied project records; this is a plotted development, not a documented apartment-building project
Offering and status
Offering: Plots; the tentative-layout approval records 92 plots
Plot sizes / booked and available counts: RERA unit-type counts, plot-size schedule and booked/available inventory are not supplied. A third-party listing gives plot sizes of 1077 Sq. Ft. and 1350 Sq. Ft.; these are not established as RERA-filed figures
Construction / development stage: No independently verified site-progress record is supplied. The approval requires the layout applicant to undertake infrastructure and development works
Completion date: The promoter’s Form B declares completion by 16th MAR, 2025; this is a promoter undertaking, distinct from registration validity
Occupancy / completion certificate: No occupancy or completion certificate is included in the supplied evidence; OC status is therefore not established
2. The project story
Krishnaveni Township is registered as a plotted-development project under TG-RERA number P01600006337, promoted by PATAPARLA BALU MAHESH. The RERA record locates it at KOLLAPUR and identifies Sy. Nos. 11/P, 12/P, 14, 15, 16/P and 17/P; the layout approval describes the site as being in KOLLAPUR Revenue Village, KOLLAPUR Mandal, Nagarkurnool District.
The approval on file is for a tentative layout, with 92 plots and a stated approval extent of 5 Acer 17.46 Gts. The approval places responsibility for infrastructure and layout development on the applicant and describes roads, drainage, water-supply works, electrical infrastructure, plantation, park development and rainwater-harvesting works. The records do not establish the current physical completion of those works or provide an independent site inspection.
The promoter’s Form B declares a completion date of 16 March 2025. The RERA certificate’s validity also ended on 16 March 2025, but registration validity and the project completion undertaking are separate records; neither, by itself, establishes an occupancy/completion certificate or verified completion.
3. Master plan, architecture & building design
The available design evidence is a tentative plotted layout, not an apartment floor plan. Its area statement allocates land as follows:
| Layout use | Area stated in approval | Share stated in approval |
|---|---|---|
| Plotted area | 2 Acer 34.92 Gts; 13,906 Sq. Yds | 56.56% |
| Roads | 1 Acer 19.82 Gts; 7,238 Sq. Yds | 29.44% |
| Open space (park) | 0 Acer 21.04 Gts; 2,546 Sq. Yds | 10.36% |
| Social infrastructure | 0 Acer 5.09 Gts; 616 Sq. Yds | 2.51% |
| Utilities | 0 Acer 2.33 Gts; 282 Sq. Yds | 1.15% |
The RERA-filed land details state 22,000.67 sq. m total area, 1,443.03 sq. m affected area and 20,557.64 sq. m net area. The drawing-derived layout record separately reports a land-use-table base of 20,558.23 sq. m and a plot count read from the drawing of 93 (plot numbers 1–93); plot-size extraction is incomplete. These drawing readings are software-derived and should be checked against the original layout drawing.
The layout approval describes a 0 Acer 19.83 Gts (2,400 Sq. Yds) mortgage area, stated as 17.03% of plotted area, comprising plots 68, 55, 69, 54, 70, 53, 50, 35, 51, 34, 52, 33, 31, 14, 13 and 32, under mortgage deed no. 532, in favour of KOLLAPUR Municipality/Municipal Corporation.
No building count, floor configuration, building footprint, apartment arrangement, or floor-level parking design is evidenced for this plotted project. The RERA figure of 11,627.18 sq. m is labelled approved built-up area in the filed fields; it is not a plot saleable-area or carpet-area figure.
4. Homes, configurations & floor plans
This is a plotted layout. The supplied RERA material does not include a plot-by-plot inventory table with configuration counts, booked/available status or RERA-filed plot areas. The layout approval states 92 plots; software reading of the drawing identifies plot numbers 1–93, but the drawing-based plot extraction is incomplete and is not a substitute for the RERA inventory.
| Configuration | Units | Booked | Available | RERA saleable area | Measured carpet area | Loading (if supplied) |
|---|---|---|---|---|---|---|
| Plots | 92 stated in tentative-layout approval | Not disclosed | Not disclosed | Not disclosed | Not applicable | Not disclosed |
The drawing extraction reports no measured floor plans, and no plot-size schedule is supplied in the RERA records available here. A third-party listing states plot sizes of 1077 Sq. Ft. and 1350 Sq. Ft.; these are third-party figures, not confirmed RERA-filed sizes.
5. Parking & vehicle circulation
The supplied project records do not establish a sanctioned parking count, visitor or accessible parking provision, or plot-wise parking allocation. The tentative-layout approval requires roads to be opened for access to neighbouring sites and describes road formation with black top; the RERA boundaries identify a 60 FEET WIDE ROAD on the north and a road on the west.
A third-party listing mentions “Open Parking”; the supplied RERA evidence does not establish its quantity, location or allocation to individual plots.
6. Amenities, recreation & open spaces
The tentative-layout approval describes planned layout works and land allocations. The supplied records do not establish independent verification of their completion.
| Description / size | 0 Acer 21.04 Gts; 2,546 Sq. Yds; 10.36% |
|---|---|
| Evidence source | Tentative-layout approval |
| Declared progress / verified status | Reserved in approval; completion/hand-over status not independently verified |
| Description / size | 0 Acer 5.09 Gts; 616 Sq. Yds; 2.51% |
|---|---|
| Evidence source | Tentative-layout approval |
| Declared progress / verified status | Land-use allocation stated; facility details and completion status not established |
| Description / size | 0 Acer 2.33 Gts; 282 Sq. Yds; 1.15% |
|---|---|
| Evidence source | Tentative-layout approval |
| Declared progress / verified status | Land-use allocation stated; completion status not independently verified |
| Description / size | No size or quantity supplied |
|---|---|
| Evidence source | Tentative-layout development-works description |
| Declared progress / verified status | Described as a required layout work; completion not independently verified |
| Description / size | No additional size or facility schedule supplied |
|---|---|
| Evidence source | Tentative-layout development-works description |
| Declared progress / verified status | Described as a required layout work; completion not independently verified |
No clubhouse, indoor recreation facility, sports facility or community-building specification is established in the supplied records.
7. Utilities, building services & safety
The tentative-layout approval describes the following as layout development works: road formation with black top; storm-water drains; underground drainage lines and a common septic tank/STP; internal water-supply pipelines and an overhead tank; an assured water-supply source; electrical supply lines, street lights and a transformer; avenue plantation; park development; and rainwater-harvesting pits. These are approval-described works, not independent evidence that each facility is complete or operational.
The RERA amenities extract marks internal roads and footpaths, water supply, sewerage (chambers, lines, septic tank/STP), green strip/TOT LOT/park, street lighting, energy management, fire protection and safety requirements, and electrical meter room/sub-station/receiving station as “YES” at 100%. It records 0% for storm-water drains, treatment and disposal of sewage and sullage water, solid-waste management and disposal, water conservation/rainwater harvesting, and aggregate recreational open space. These are filed amenity-status entries, not independently verified completion findings.
No capacities or technical schedules are supplied for water storage, treatment, STP, transformer, backup power, fire-fighting equipment, waste handling, access control or CCTV. Apartment-building systems such as lifts and escape stairs are not evidenced for this plotted layout.
8. Location, access & connectivity
The RERA record identifies the project locality as KOLLAPUR, with “Nagar kurnool” recorded as the village; the tentative-layout approval places it in KOLLAPUR Revenue Village, KOLLAPUR Mandal, Nagarkurnool District. The registered land boundaries identify a 60 FEET WIDE ROAD to the north and a ROAD to the west.
The supplied location record gives an approximate parcel-centroid coordinate of 16.49405, 78.30929 and lists the nearest sampled Outer Ring Road interchange at 82.8 km. A third-party listing names Prism Tiny Tots School (0.7 km), Maangalya Shopping Mall (1.8 km) and Medcure Hospitals (1.5 km); these are vendor-provided distances, not RERA-filed connectivity details.
9. Developer & development status
The TG-RERA registration names PATAPARLA BALU MAHESH as promoter. The RERA record identifies the promoter organization as a Proprietorship; the Form B affidavit says PATAPARLA BALU MAHESH acts for BALU MAHESH CONSTRUCTIONS. The supplied records list the promoter’s address as Telugu Veedhi, Kollapur, Nagarkurnool, Telangana, PIN 509102; no official contact details or website are supplied here.
The Form B affidavit, dated 30 April 2023, declares completion by 16 March 2025 and includes the promoter’s declarations concerning land title, encumbrances, project funds, audit and pending approvals. These are promoter declarations. No independent construction-progress assessment or occupancy/completion certificate is supplied.
10. Approvals, official records & documents
| Available information | FORM C; registration no. P01600006337; issued 07/07/2023; validity through 16/03/2025; registered promoter Pataparla Balu Mahesh |
|---|
| Available information | Approval no. 0001/LO/3062/2022, dated 16 March 2022; application no. 005264/LO/DTCP/3062/0004/2021; KOLLAPUR Municipality/Municipal Corporation; listed survey numbers and layout conditions |
|---|
| Available information | Deed no. 532, dated 26 February 2022; specified plots mortgaged to KOLLAPUR Municipality/Municipal Corporation |
|---|
| Available information | Dated 30 April 2023; promoter declarations include completion by 16 March 2025 |
|---|
| Available information | Not present in the supplied documents |
|---|
| Available information | Drawing record identified as source for software-measured layout data; plot-size extraction incomplete |
|---|
The approval document describes the plan as a tentative layout and sets out development and hand-over conditions. The supplied evidence does not include a final-layout release record or an occupancy/completion certificate.
Frequently asked questions
Is KRISHNAVENI TOWNSHIP registered with Telangana RERA?
Yes. KRISHNAVENI TOWNSHIP is registered with the Telangana Real Estate Regulatory Authority as P01600006337; the registration status is New Project.
Who is the developer of KRISHNAVENI TOWNSHIP?
The promoter named in the RERA registration is PATAPARLA BALU MAHESH.
Where is KRISHNAVENI TOWNSHIP located?
KRISHNAVENI TOWNSHIP is in KOLLAPUR, Nagar kurnool, Nagarkurnool, Telangana (509102).
When will KRISHNAVENI TOWNSHIP be completed?
The promoter's proposed date of completion filed with RERA is 16/03/2025. This is the promoter's declaration, not a guarantee.