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AIRA HILLS
RG-KA-97698 · RERA PRM/KA/RERA/1250/303/PR/150523/005928 · Last updated on RERA Karnataka portal: 6 May 2023
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
AIRA HILLS is a Plotted Development project by Vaarahi Developers Pvt Ltd in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/150523/005928 on 15 May 2023. Possession is promised by 26 Dec 2024.
At a glance
Project
- NameAIRA HILLS
- TypePlotted Development
- Location
- Devanahalli
- Bengaluru Rural
- 562110
- Pincode562110
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1250/303/PR/150523/005928
- ReraGenie IDRG-KA-97698
Builder
- NameVaarahi Developers Pvt Ltd
- Entity typeCompany
- CINU70109KA2021PTC151791
- Authorized SignatoryKONDREDDY GARI RAMALINGA REDDY
- Managing DirectorKONDREDDY GARI RAMALINGA REDDY
- DirectorsKONDREDDY GARI RAMALINGA REDDY, MANCHURU MADHUSUDANA REDDY, SETTYPALLI ASHOK REDDY, MUSKU RACHIT REDDY, LOKANADHA REDDY KETHAM REDDY, ARAVA TATHIREDDY RATHNASEKHAR REDDY
- Project HeadKONDREDDY GARI RAMALINGA REDDY
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 May 2023
- Promised completion26 Dec 2024
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed142 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership7
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| VAARAHI DEVELOPERS PVT LTD | - | - |
| RAMALINGA REDDY | - | - |
| MANCHURU MADHUSUDANA REDDY | - | - |
| RAMALINGA REDDY | - | - |
| MANCHURU MADHUSUDANA REDDY | - | - |
| MANCHURU MADHUSUDANA REDDY | - | - |
| RAMALINGA REDDY | - | - |
Project account and cost
70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 2.42 cr | - |
| Administrative cost | Rs 50.00 lakh | - |
| Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for construction | Rs 20.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 2.50 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | MURALIDHARA S |
| Chartered Accountant | KOPPUGANTI KHAJA HUSSAIN |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed142
As listed on the registration, under the names the promoter filed them with; the newest 80 of 142 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/303/PR/150523/005928 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Asset and liabilities statementFile: Asset and Liabilities statement.pdf | 6 May 2023 |
| Registered GPAFile: Registered GPA infavour of Company.pdf | 6 May 2023 |
| Estimation by engineerFile: Estimation by Engineer.pdf | 26 Apr 2023 |
| geological reportFile: Zeological report.pdf | 26 Apr 2023 |
| renewed engineer licenseFile: renewed Engineer license.pdf | 26 Apr 2023 |
| registered GPA infavour of companyFile: Registered GPA infavour of Company.pdf | 26 Apr 2023 |
| water noc affidavitFile: Water NOC Affidavit.pdf | 26 Apr 2023 |
| water noc permission letterFile: Water NOC permission letter.pdf | 26 Apr 2023 |
| registered GPAFile: Registered GPA infavour of Company.pdf | 26 Apr 2023 |
| Allotment letterFile: Allotment letter.pdf | 7 Apr 2023 |
| approval letterFile: APPROVAL LETTER_compressed (1).pdf | 7 Apr 2023 |
| broucher clarification letterFile: Broucher clarification.pdf | 7 Apr 2023 |
| CA CertificateFile: CA Certificate.pdf | 7 Apr 2023 |
| CC ClarificationFile: CC Clarification.pdf | 7 Apr 2023 |
| Non litigation affidavitFile: Non litigation affidavit.pdf | 7 Apr 2023 |
| order copy BIAPPAFile: ORDER COPY BIAPPA_compressed (1).pdf | 7 Apr 2023 |
| Bank letterFile: RERA Pass Book.pdf | 7 Apr 2023 |
| section 3(1) affidavitFile: Section 3(1) affidavit.pdf | 7 Apr 2023 |
| source of fund detailsFile: Source of fund details.pdf | 7 Apr 2023 |
| specificationFile: Specification.pdf | 7 Apr 2023 |
| STP ClarificationFile: STP Clarification.pdf | 7 Apr 2023 |
| balance sheet and profit and loss account 21-22File: Varahi FS 21-22.pdf | 7 Apr 2023 |
| AOSFile: AOS as per RERA.pdf | 7 Apr 2023 |
| BESCOM FEE PAID RECEIPTFile: Bescom NOC Fee paid receipt.pdf | 7 Apr 2023 |
| ICAI CERTIFICATEFile: ICAI Certificate.jpg | 7 Apr 2023 |
| Water NOCFile: Water NOC Affidavit.pdf | 7 Apr 2023 |
| Zeological reportFile: Zeological report.pdf | 7 Apr 2023 |
| sale deedFile: 32_compressed.pdf | 7 Apr 2023 |
| sale deedFile: 37-1-20220408112014_compressed.pdf | 7 Apr 2023 |
| sale deedFile: 37-1-20220408112014_compressed.pdf | 7 Apr 2023 |
| sale deedFile: 37-3-20220408112948_compressed.pdf | 7 Apr 2023 |
| sale deedFile: 37-4-20220408101737_compressed.pdf | 7 Apr 2023 |
| STP PlanFile: STP Plan.pdf | 7 Apr 2023 |
| NOC WaterFile: NOC WATER.pdf | 7 Apr 2023 |
| estimationFile: estimation copy.pdf | 7 Apr 2023 |
| BESCOM NOCFile: bescom noc.pdf | 7 Apr 2023 |
| SechdulesFile: Sechdules 21-22.pdf | 7 Apr 2023 |
| MR Sy.No.32File: 32-MR.pdf | 24 Feb 2023 |
| RTC Sy.No.32File: 32-RTC.pdf | 24 Feb 2023 |
| EC Sy.No.37-3File: 37-3 EC.pdf | 24 Feb 2023 |
| MR 37-3File: 37-3 MR.pdf | 24 Feb 2023 |
| RTC 37-3File: 37-3 RTC.pdf | 24 Feb 2023 |
| MR SY.NO-37-4File: 37-4 MR.pdf | 24 Feb 2023 |
| RTC 37-4File: 37-4 RTC.pdf | 24 Feb 2023 |
| ARCHITECH CERTIFICATEFile: Architech Certificate.pdf | 24 Feb 2023 |
| EC-32File: EC 32.pdf | 24 Feb 2023 |
| EC 37-1File: EC 37-1.pdf | 24 Feb 2023 |
| ENGINEER CERTIFICATEFile: Engineer Certificate.pdf | 24 Feb 2023 |
| ENGINEER LICESNEFile: Engineer license.pdf | 24 Feb 2023 |
| Guidance value certificateFile: Guidance value certificate.pdf | 24 Feb 2023 |
| MR 37-1File: MR 37-1.pdf | 24 Feb 2023 |
| Relinquishment deed 1File: Relinquish Deed 1.pdf | 24 Feb 2023 |
| Relinquishment deed 2File: Relinquish Deed 2.pdf | 24 Feb 2023 |
| RTC 37-1File: RTC 37-1.pdf | 24 Feb 2023 |
| Form-BFile: form B affidavit cum declaration.pdf | 24 Feb 2023 |
| ECFile: New Document(22) (1).pdf | 24 Feb 2023 |
| ECFile: New Document(24).pdf | 24 Feb 2023 |
| Plan Approval LetterFile: APPROVAL LETTER.pdf | 24 Feb 2023 |
| balance sheet 21-22File: BALANCE SHEET FS 21-22.pdf | 24 Feb 2023 |
| BESCOM NOCFile: bescom noc.pdf | 24 Feb 2023 |
| WATER NOCFile: water connection noc.pdf | 24 Feb 2023 |
| CASH FLOW SATEMENTFile: Vaarahi Cash flow statement .pdf | 24 Feb 2023 |
| PASS BOOKFile: PASSBOOK.pdf | 24 Feb 2023 |
| P & L 2021-22File: P& l FY 20211-22.pdf | 24 Feb 2023 |
| LEGAL REPORTFile: LEGAL REPORT.pdf | 24 Feb 2023 |
| AOSFile: Draft sale agreement.pdf | 24 Feb 2023 |
| Director reprotFile: Directors report_compressed.pdf | 24 Feb 2023 |
| ITRFile: ITR AY 22-23.pdf | 24 Feb 2023 |
| 3(1) AffidavitFile: Notarized Affidavit for 3(1) Voliation.pdf | 24 Feb 2023 |
| Architects certificate clarificationFile: Architech certificate clarification.pdf | 24 Feb 2023 |
| Village mapFile: village map.pdf | 24 Feb 2023 |
| RTC, survey 32 | - |
| Mutation, survey 32 | - |
| Encumbrance Certificate, survey 32 | - |
| Conversion/Alienation Order, survey 32 | - |
| Sale/Title/Gift Deed, survey 32 | - |
| Khatha, survey 32 | - |
| RTC, survey 37/1 | - |
| Mutation, survey 37/1 | - |
| Encumbrance Certificate, survey 37/1 | - |
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Builder: Vaarahi Developers Pvt Ltd
Vaarahi Developers Pvt Ltd has 1 registration on RERA Karnataka, including AIRA HILLS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if AIRA HILLS is delayed beyond 26 Dec 2024?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.
How do I verify and contact the developer of AIRA HILLS?
The registered promoter entity is Vaarahi Developers Pvt Ltd, a company as per the filing. Its CIN U70109KA2021PTC151791 can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.
Is my payment protected in AIRA HILLS?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
Who certifies construction progress at AIRA HILLS?
The professionals named in the filing: Engineer: MURALIDHARA S; Chartered Accountant: KOPPUGANTI KHAJA HUSSAIN. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in AIRA HILLS?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.
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