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Registration transferred Residential/Group Housing project

JP TULIPS

By V R VENTURES

RG-KA-69413 · RERA PRM/KA/RERA/1250/304/PR/200722/003504 · Last updated on RERA Karnataka portal: 8 Jul 2020

Source: official RERA Karnataka filing

Red flags

  • Registration transferred

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Dec 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 77 documents Report an error

JP TULIPS is a Residential/Group Housing project by V R VENTURES in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/200722/003504 on 22 Jul 2020. Possession is promised by 31 Dec 2023.

At a glance

Project

  • NameJP TULIPS
  • TypeResidential/Group Housing
  • Location
    • Hosakote
    • Bengaluru Rural
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1250/304/PR/200722/003504
  • ReraGenie IDRG-KA-69413

Builder

  • NameV R VENTURES
  • Entity typePartnership Firm
  • Authorized SignatoryJaya Prasad H.V
  • Board MemberRamesh Naidu
  • Other registrations12 more →
  • Declared earlier projects12 →

Key dates

this monthRegisteredJul 2020PromisedDec 2023

Key facts

Registration and timeline

  • StatusRegistration transferred
  • Registered on22 Jul 2020
  • Promised completion31 Dec 2023
  • Revised completionNone
  • Buildings2 building records
  • Documents filed77 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block A---65065
Block B---88088

The full filing

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

Construction progress by building1

As on 8 Jul 2020, 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)Not applicable
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 networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 8 Jul 2020, 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 SurveillanceYes-
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 spacesNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

Land and ownership1

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

Land area7,183 sq m
Named landowners1
LandownerVillageDistrict
Syed Masood Matheen--

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 32.00 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectSathish Babu Associates
EngineerSathish Babu Associates

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed77

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/1250/304/PR/200722/003504 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Bank Pass Book - CopyFile: Bank Pass Book - RERA.pdf8 Jul 2020
Single PlanFile: Single Site Plan.pdf8 Jul 2020
Ground Floor PlanFile: Ground Floor Plan.pdf8 Jul 2020
Basement PlanFile: Basement Plan.pdf8 Jul 2020
All Floors PlanFile: All Floors Plan.pdf8 Jul 2020
Firm Registration Certificate Legible CopyFile: Firm Registration.pdf5 Jul 2020
2019-20 Balance Sheet P and LFile: Complete ITR VR VENTURES 2019-20.pdf5 Jul 2020
Sale Deed Survey Number 350-1File: sale deed of Survey Number 350-1.pdf5 Jul 2020
Relinquishment DeedFile: Relinquishment Deed.pdf5 Jul 2020
Area Statement - Single Site PlanFile: Single Site Plan.pdf5 Jul 2020
Basement PlanFile: Basement Plan.pdf5 Jul 2020
Ground Floor PlanFile: Ground Floor Plan.pdf5 Jul 2020
All Floors PlanFile: All Floors Plan.pdf5 Jul 2020
CertificateFile: Firm Registration - Uploaded.pdf-
Commencement Certificate-
Ground Floor Plan-
Basement Plan-
Partition Deed Matheen-
All Floors Plan-
All Floors Plan-
Project Specifications-
EC All Survey Numbers Till Date-
AFFIDAVIT-
JOINT AFFIDAVIT Builder and Land Owner-
Katha-
Joint Development Agreement-
Unnamed document-
Conversion Order All Survey Numbers-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Bescom NOC-
Water NOC-
Karnataka State Pollution Control Board - NOC-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Basement Plan-
All Floors Plan-
Unnamed document-
Balance Sheet 2018 - 2019File: Complete ITR VR VENTURES 2019-20.pdf-
Balance Sheet 2017 - 2018File: Complete ITR VR VENTURES 2018-2019.pdf-
Balance Sheet 2016 - 2017File: Complete ITR VR VENTURES 2017-18.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Complete ITR VR VENTURES 2019-20.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Complete ITR VR VENTURES 2018-2019.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Complete ITR VR VENTURES 2017-18.pdf-
Director's Report 2018 - 2019File: Complete ITR VR VENTURES 2019-20.pdf-
Director's Report 2017 - 2018File: Complete ITR VR VENTURES 2018-2019.pdf-
Director's Report 2016 - 2017File: Complete ITR VR VENTURES 2017-18.pdf-
Cash Flow Statement 2018 - 2019File: Complete ITR VR VENTURES 2019-20.pdf-
Cash Flow Statement 2017 - 2018File: Complete ITR VR VENTURES 2018-2019.pdf-
Auditor's Report 2018 - 2019File: Complete ITR VR VENTURES 2019-20.pdf-
Auditor's Report 2017 - 2018File: Complete ITR VR VENTURES 2018-2019.pdf-
Auditor's Report 2016 - 2017File: Complete ITR VR VENTURES 2017-18.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: Complete ITR VR VENTURES 2019-20.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Complete ITR VR VENTURES 2018-2019.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Complete ITR VR VENTURES 2017-18.pdf-
FORM B-
Prospectus/BrochureFile: jp tulips final broucher.pdf-
Advertisement Copy 1File: jp tulips final broucher.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1250_304_PR_200722_003504.xlsx-
Occupancy CertificateFile: JP Tulips_OC (1).pdf-
Completion certificate issued by the competent authorityFile: JP Tulips_OC (1).pdf-
Registered Agreement of SaleFile: Sale Deed FLAT.pdf-
Registered conveyance deed for an individual unitFile: Sale Deed FLAT.pdf-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one has not
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Builder: V R VENTURES

V R VENTURES has 13 registrations on RERA Karnataka, including VR HANUMAN ENCLAVE-2 and VR SUNSHINE. Its filings declare 12 earlier projects, none of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if JP TULIPS is delayed beyond 31 Dec 2023?

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 JP TULIPS?

The registered promoter entity is V R VENTURES, 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 JP TULIPS?

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 JP TULIPS?

The professionals named in the filing: Architect: Sathish Babu Associates; Engineer: Sathish Babu Associates. 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 JP TULIPS?

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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