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River Oaks
RG-KA-18001 · RERA PRM/KA/RERA/1257/334/PR/171031/001431 · Last updated on RERA Karnataka portal: 12 Feb 2021
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
Saved.
River Oaks is a Residential/Group Housing project by Vasushyam ventures in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171031/001431 on 31 Oct 2017. Possession is promised by 28 Mar 2019. The completion date has moved by 12 months from the original filing.
At a glance
Project
- NameRiver Oaks
- TypeResidential/Group Housing
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- RERA no.PRM/KA/RERA/1257/334/PR/171031/001431
- ReraGenie IDRG-KA-18001
Builder
- NameVasushyam ventures
- Entity typePartnership Firm
- Authorized SignatoryGautham Naronha
- DirectorVasantha
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on31 Oct 2017
- Promised completion28 Mar 2019
- Revised completionRevised to 28 Mar 2019 (originally 31 Mar 2018)
- Buildings1 building record
- Documents filed54 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| river oaks | - | - | - | - | - | 58 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 12 Feb 2021, 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:
| Activity | Progress |
|---|---|
| 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 work | Not 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 12 Feb 2021, 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | Yes | - |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | Yes | - |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | Yes | - |
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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Madhukar Amin |
| Engineer | Krishna Shetty |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterShortage of Building Materials, Concrete, Jalli etc
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed54
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/1257/334/PR/171031/001431 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| completion certificateFile: completion certificate.pdf | 12 Feb 2021 |
| COMPLETION CERTIFICATEFile: completion c.pdf | 4 Feb 2021 |
| LicenceFile: 1.jpg | 13 Nov 2020 |
| licenceFile: 2.jpg | 13 Nov 2020 |
| licenceFile: 3.jpg | 13 Nov 2020 |
| licenceFile: 4.jpg | 13 Nov 2020 |
| bank change requestFile: bank change request.jpg | 13 Nov 2020 |
| consent letterFile: 1.jpg | 13 Nov 2020 |
| consent letterFile: 2.jpg | 13 Nov 2020 |
| consent letterFile: 3.jpg | 13 Nov 2020 |
| 10,115/- Fees paidFile: payment.jpeg | 7 Oct 2020 |
| CA certificateFile: Ca Fund required.jpg | 7 Oct 2020 |
| CA CertificateFile: CA Fund utilized certificate.jpg | 7 Oct 2020 |
| Applied for completion for corporationFile: Completion applied.jpg | 7 Oct 2020 |
| CertificateFile: registration.jpg | - |
| Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate- work completed.jpg | - |
| Engineer Certificate for Work Completion Schedule till DateFile: Eng Certificate- work completed.jpg | - |
| CA Certificate for Funds UtilizationFile: CA Fund utilized certificate.jpg | - |
| Architect Certificate for Pending Work Completion Schedule.File: Ach certificate- work pending.jpg | - |
| Engineer Certificate for Pending Work Completion Schedule.File: Eng Certificate- work pending.jpg | - |
| CA Certificate for Funds required for Project CompletionFile: Ca Fund required.jpg | - |
| AffidavitFile: affidavit.jpg | - |
| Latest Encumbrance Certificate | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx | - |
| Document 1File: Completion applied.jpg | - |
| licence | - |
| basement | - |
| floor area | - |
| Draft agreement (1) | - |
| deed | - |
| ground | - |
| MYSCAN_20170823_0001 | - |
| letter of allotment | - |
| Brochure | - |
| pollution, fire | - |
| 3 | - |
| EC | - |
| katha | - |
| conversion | - |
| deed | - |
| conversion | - |
| Balance Sheet 2015 - 2016File: BS 15 16.jpg | - |
| Balance Sheet 2014 - 2015File: B S 14 15.jpg | - |
| Balance Sheet 2013 - 2014File: BS 13 14.jpg | - |
| Audited Profit and Loss Statement 2015 - 2016File: P L 15 16.jpg | - |
| Audited Profit and Loss Statement 2014 - 2015File: P L 14 15.jpg | - |
| Audited Profit and Loss Statement 2013 - 2014File: P L 13 14.jpg | - |
| Cash Flow Statement 2015 - 2016File: 2015-16.pdf | - |
| Cash Flow Statement 2014 - 2015File: 2014-15.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: 14 15 ack.jpg | - |
| Income Tax Return Acknowledgement 2013 - 2014File: Ack 13 14.jpg | - |
| Prospectus/BrochureFile: 1.jpg | - |
| Advertisement Copy 1File: flex.jpeg | - |
| Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_171031_001431 (7).xlsx | - |
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Builder: Vasushyam ventures
Vasushyam ventures has 1 registration on RERA Karnataka, including River Oaks. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.
Frequently asked questions
What are my rights if River Oaks is delayed beyond 28 Mar 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 River Oaks?
The registered promoter entity is Vasushyam 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 River Oaks?
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 River Oaks?
The professionals named in the filing: Architect: Madhukar Amin; Engineer: Krishna Shetty. 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 River Oaks?
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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