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Registration approved Residential/Group Housing project

Century Indus Phase 2

By Vinayaka Builders and Developers

RG-KA-53528 · RERA PRM/KA/RERA/1251/310/PR/170905/000135 · Last updated on RERA Karnataka portal: 10 Jan 2022

Source: official RERA Karnataka filing

Red flags

  • 17 complaints at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Dec 2019Possession promisedmoved 12 months from the original
17Complaints at RERA Karnatakaon this registration
Jump to the 58 documents Report an error

Century Indus Phase 2 is a Residential/Group Housing project by Vinayaka Builders and Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/170905/000135 on 5 Sep 2017. Possession is promised by 31 Dec 2019. The completion date has moved by 12 months from the original filing. 17 complaints are on record with the regulator.

At a glance

Project

  • NameCentury Indus Phase 2
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/170905/000135
  • ReraGenie IDRG-KA-53528

Builder

  • NameVinayaka Builders and Developers
  • Entity typePartnership Firm
  • Authorized SignatoryMahesh A Prabhu
  • OthersNeelakantha Patil
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredSep 2017First promiseDec 2018Revised toDec 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on5 Sep 2017
  • Promised completion31 Dec 2019
  • Revised completionRevised to 31 Dec 2019 (originally 31 Dec 2018)
  • Buildings2 building records
  • Documents filed58 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---98098
B---98098

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 10 Jan 2022, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 10 Jan 2022, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area23,747 sq m
Named landownersNone

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.

Separate project accountDeclared
Estimated costRs 100.80 cr

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EX/PRM/KA/RERA/1251/310/PR/220315/000135Dec 2018 → Dec 2019

Reason as filed by the promoterShortage of Labour

Complaints filed with RERA Karnataka17

Case no.ComplainantRespondentFiled
CMP/200813/0006281-Vinayaka Builders and Developers13/08/2020
CMP/200827/0006436-Vinayaka Builders and Developers27/08/2020
CMP/200828/0006452-Vinayaka Builders and Developers28/08/2020
CMP/200907/0006530-Vinayaka Builders and Developers07/09/2020
CMP/200907/0006531-Vinayaka Builders and Developers07/09/2020
CMP/200909/0006545-Vinayaka Builders and Developers09/09/2020
CMP/200909/0006544-Vinayaka Builders and Developers09/09/2020
CMP/200909/0006549-Vinayaka Builders and Developers09/09/2020
CMP/200912/0006563-Vinayaka Builders and Developers12/09/2020
CMP/200912/0006564-Vinayaka Builders and Developers12/09/2020
CMP/200915/0006566-Vinayaka Builders and Developers15/09/2020
CMP/200923/0006644-Vinayaka Builders and Developers23/09/2020
CMP/200923/0006652-Vinayaka Builders and Developers23/09/2020
CMP/200928/0006695-Vinayaka Builders and Developers28/09/2020
CMP/210129/0007518-Vinayaka Builders and Developers29/01/2021
01878/2023-Vinayaka Builders and Developers28/12/2023
00879/2024-Vinayaka Builders and Developers12/09/2024

Documents filed58

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/310/PR/170905/000135 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Status of ComplaintsFile: List Of All Complaints.pdf10 Jan 2022
Affidavit under Section 18(1)File: Affidavit Sec18.pdf3 Dec 2020
Affidavit - Section 18(1)File: Vinayaka Sec 18.pdf13 Nov 2020
Reply Letter on pending ComplaintsFile: Letter - Indus Phase II.pdf13 Nov 2020
Commencement CertificateFile: Indus-CC for block-A &B.pdf8 Oct 2020
Occupancy CertificateFile: Indus-Phase2-OC.pdf8 Oct 2020
Consent LettersFile: Indus Extension Letters.pdf8 Oct 2020
CertificateFile: Registration Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate - Status of Work.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineers Certificate - Status of Work.pdf-
CA Certificate for Funds UtilizationFile: CA Certificate - Funds Utilised.PDF-
Architect Certificate for Pending Work Completion Schedule.File: Architect Certificate - Pending Work.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineers Certificate - Pending Work.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Certificate - Funds Required.PDF-
AffidavitFile: Form B - Vinayaka IndusP2.pdf-
Latest Encumbrance Certificate-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Vinayaka Extension.pdf-
Document 2File: Vinayaka Sec 18.pdf-
Document 3File: Bank Stmt - Indus Ph2.pdf-
Document 4File: Vinayaka Sec 18.pdf-
CC-
BBMP-PlanApproval-
Layout Plan-
Indus - Sale Deed-
PROFARMA AGREEMENT 2017-
Title opinion-
Section drawings-
Layout Plan-
Allotment letter-
INDUS brochure A4 RERA COMPLIANT-
NOC-
SPECIFICATIONS FOR INDUS-
EC-
Balance Sheet 2015 - 2016File: BS 2016.pdf-
Balance Sheet 2014 - 2015File: BS 2015.pdf-
Balance Sheet 2013 - 2014File: BS 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P&L 2014.pdf-
Director's Report 2015 - 2016File: NA sheet.pdf-
Director's Report 2014 - 2015File: NA sheet.pdf-
Director's Report 2013 - 2014File: NA sheet.pdf-
Cash Flow Statement 2015 - 2016File: NA sheet.pdf-
Cash Flow Statement 2014 - 2015File: NA sheet.pdf-
Auditor's Report 2015 - 2016File: Auditors Report 2016.pdf-
Auditor's Report 2014 - 2015File: Auditors Report 2015.pdf-
Auditor's Report 2013 - 2014File: Auditors Report 2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR Ack 2016.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR Ack 2015.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR Ack 2014.pdf-
Form B Declaration-
Prospectus/BrochureFile: INDUS brochure A4 RERA NO.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_310_PR_170905_000135.xlsx-
Occupancy CertificateFile: Indus-Phase2-OC reduced.pdf-
Completion certificateFile: Indus-Phase2-OC reduced.pdf-
Registered Agreement of SaleFile: Indus Letter on Sale Agreements.pdf-
Registered conveyance deed for an individual unitFile: Sale Deed Draft - Indus II -- New Revised.pdf-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Century Indus - Phase 1-CompletedJul 2017No date filed

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: Vinayaka Builders and Developers

Vinayaka Builders and Developers has 2 registrations on RERA Karnataka, including Century Indus Phase 2 and VINAYAKA. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Century Indus Phase 2 is delayed beyond 31 Dec 2019?

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 Century Indus Phase 2?

The registered promoter entity is Vinayaka Builders and Developers, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 Century Indus Phase 2?

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.

How do I read the complaint cases filed against Century Indus Phase 2?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

What should I check before booking in Century Indus Phase 2?

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; why the completion date was revised and what the new timeline depends on.

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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