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Registration approved Residential/Group Housing project

ORACLE OAK

By VBC DEVELOPERS

RG-KA-11910 · RERA PRM/KA/RERA/1251/309/PR/200117/003187 · Last updated on RERA Karnataka portal: 10 Jan 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jan 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 66 documents Report an error

ORACLE OAK is a Residential/Group Housing project by VBC DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/200117/003187 on 17 Jan 2020. Possession is promised by 30 Jan 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameORACLE OAK
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/200117/003187
  • ReraGenie IDRG-KA-11910

Builder

  • NameVBC DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatorySURESH NADELLA
  • OthersSURESH NADELLA
  • Other registrations1 more →

Key dates

this monthRegisteredJan 2020First promiseApr 2022Revised toJan 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Jan 2020
  • Promised completion30 Jan 2023
  • Revised completionRevised to 30 Jan 2023 (originally 30 Apr 2022)
  • Buildings1 building record
  • Documents filed66 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ORACLE OAK---52052

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 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)Not applicable
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 etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
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
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

As on 10 Jan 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 & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationNoNot applicable
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

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 area2,826 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 12.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectT V SRINIVAS
EngineerParimikayala Venkata Naga Rani

Extensions applied for1

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

ExtensionApr 2022 → Jan 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed66

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/1251/309/PR/200117/003187 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Project SpecificationsFile: Project Specifications.pdf10 Jan 2020
Notarized Affidavit under sec 3(1)File: Notarized Affidavit under sec 3(1).pdf10 Jan 2020
KSPCB - CFEFile: KSPCB - CFE .pdf10 Jan 2020
BESCOM NOC- AcknowledgementFile: BESCOM NOC- Acknowledgement.pdf10 Jan 2020
BWSSB NOC- AcknowledgementFile: BWSSB NOC- Acknowledgement.jpeg10 Jan 2020
NOC KSPCBFile: KSPCB - CFE .pdf4 Jan 2020
BWSSB NOC- AcknowledgementFile: BWSSB NOC- Acknowledgement.jpeg4 Jan 2020
BESCOM NOC- AcknowledgementFile: BESCOM NOC- Acknowledgement.pdf4 Jan 2020
COST OF LANDFile: Land Cost .pdf26 Dec 2019
NOC KSPCBFile: Pollution Control Board ACK.pdf26 Dec 2019
NOC BWSSBFile: BWSSB NOC.pdf26 Dec 2019
NOC BESCOMFile: NOC BESCOM .pdf26 Dec 2019
Balance Fee Paid ReceiptFile: Balance Fee Paid Receipt.pdf18 Dec 2019
ITR FY -2016-17File: ITR FY -2016-17.pdf18 Dec 2019
ITR FY -2017-18File: ITR FY -2017-18.pdf18 Dec 2019
ITR FY -2018-19File: ITR FY -2018-19.pdf18 Dec 2019
Oracle Oak Latest EC- 15 YearsFile: Oracle Oak Latest EC- 15 Years .pdf18 Dec 2019
Rera Form-BFile: Rera Form-B .pdf18 Dec 2019
Joint Affidavit from Promoter and LandownerFile: Joint Affidavit from Promoter and Landowner.pdf18 Dec 2019
Land CostFile: Land Cost.pdf18 Dec 2019
Stilt Floor PlanFile: High Resolution - STILT .pdf18 Dec 2019
Floor PlanFile: High Resolution - Floor Plan.pdf18 Dec 2019
Site PlanFile: Site Plan .pdf18 Dec 2019
ARCHITECT SRINIVAS RENEWAL LICENSE COPYFile: ARCHITECT SRINIVAS RENEWAL LICENCE COPY.pdf18 Dec 2019
STRUCTURAL ENGINEER LICENCEFile: STRUCTURAL ENGINEER LICENCE.pdf18 Dec 2019
CertificateFile: VBC Developers - Firm Registration .pdf-
Building License -
Conversion Order-
High Resolution - Floor Plan-
Sale Deed Draft OF ORACLE OAK - DAFT -
Sale Agreement OF ORACLE OAK - DRAFT -
Mother Deed 1-
Katha and Extract -
Building License -
N OBT -
N OBT -
N OBT -
Latest EC -
N OBT -
N OBT -
Katha and Extract -
Joint Development Agreement -
N OBT -
N OBT -
N OBT -
Balance Sheet 2018 - 2019File: ITR FY -2015-16.pdf-
Balance Sheet 2017 - 2018File: ITR FY -2015-16.pdf-
Balance Sheet 2016 - 2017File: ITR FY -2015-16.pdf-
Audited Profit and Loss Statement 2018 - 2019File: ITR FY -2015-16.pdf-
Audited Profit and Loss Statement 2017 - 2018File: ITR FY -2015-16.pdf-
Audited Profit and Loss Statement 2016 - 2017File: ITR FY -2015-16.pdf-
Director's Report 2018 - 2019File: ITR FY -2015-16.pdf-
Director's Report 2017 - 2018File: ITR FY -2015-16.pdf-
Director's Report 2016 - 2017File: ITR FY -2015-16.pdf-
Cash Flow Statement 2018 - 2019File: ITR FY -2015-16.pdf-
Cash Flow Statement 2017 - 2018File: ITR FY -2015-16.pdf-
Auditor's Report 2018 - 2019File: ITR FY -2015-16.pdf-
Auditor's Report 2017 - 2018File: ITR FY -2015-16.pdf-
Auditor's Report 2016 - 2017File: ITR FY -2015-16.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR FY -2015-16.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR FY -2015-16.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR FY -2015-16.pdf-
N OBT -
Prospectus/BrochureFile: BROCHURE VBC -ORACLE OAK.pdf-
Advertisement Copy 1File: BROCHURE VBC -ORACLE OAK.pdf-
Tower Excel SheetFile: PRM-KA-RERA-1251-309-PR-200117-003187.xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmORACLE OAKOther 8Dot size: filed unitsN

Filed coordinates, straight-line distance. 8 registered projects within 2 km.

Builder: VBC DEVELOPERS

VBC DEVELOPERS has 2 registrations on RERA Karnataka, including ORACLE OAK and ORACLE HEAVEN. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if ORACLE OAK is delayed beyond 30 Jan 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 ORACLE OAK?

The registered promoter entity is VBC 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 ORACLE OAK?

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 ORACLE OAK?

The professionals named in the filing: Architect: T V SRINIVAS; Engineer: Parimikayala Venkata Naga Rani. 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 ORACLE OAK?

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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