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V M s Lotus city Phase-2B
RG-KA-49553 · RERA PRM/KA/RERA/1265/339/PR/010225/007470 · Last updated on RERA Karnataka portal: 14 Oct 2026
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.
V M s Lotus city Phase-2B is a Plotted Development project by VM BUILDER AND DEVELOPERS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/010225/007470 on 1 Feb 2025. Possession is promised by 31 Dec 2027.
At a glance
Project
- NameV M s Lotus city Phase-2B
- TypePlotted Development
- Location
- Kolar
- PincodeNot stated
- RERA no.PRM/KA/RERA/1265/339/PR/010225/007470
- ReraGenie IDRG-KA-49553
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on1 Feb 2025
- Promised completion31 Dec 2027
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed108 files
Current status
Figures as on 14 Oct 2026, this project's latest RERA Karnataka filing.
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership4
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 |
|---|---|---|
| VM BUILDER AND DEVELOPERS Rep By Partners Venkatachalapathy B.V | - | - |
| V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V | - | - |
| TARUN SAI D.N | - | - |
| C.M.MANJUNATH | - | - |
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 1.80 cr | Rs 1.63 cr |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Mohammed Moyunddin |
| Chartered Accountant | Venkataramana P |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed108
As listed on the registration, under the names the promoter filed them with; the newest 80 of 108 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1265/339/PR/010225/007470 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: FORM-4 2026-27.pdf | 14 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: FORM-6 2026-27.pdf | 14 Oct 2026 |
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form-4 Q1 2026-27.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form-6 Q1 2026-27.pdf | 15 Jul 2026 |
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form-4 Q4 2025-26.pdf | 15 Apr 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form-6 Q4 2025-26.pdf | 15 Apr 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Q3 2025-26 Form-4.pdf | 14 Feb 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Q3 2025-26 Form-6.pdf | 14 Feb 2026 |
| sources of fundsFile: Source of fund.pdf | 8 Jan 2025 |
| Form-6, Engineer certificateFile: Form-6 Lotuscity 2B.pdf | 8 Jan 2025 |
| Land cost calculation sheet as per the guidance valueFile: GK New GuideLine Value.pdf | 8 Jan 2025 |
| Agreement for SaleFile: Agreement of sale VM Lotuscity 2B.pdf | 8 Jan 2025 |
| sources of fundsFile: Source Of Fund 2B.pdf | 3 Jan 2025 |
| ECFile: EC Lotus city 2B.pdf | 3 Jan 2025 |
| sharing agreementFile: Sharing Agreement Lotuscity 2B.pdf | 3 Jan 2025 |
| Approval Layout OrderFile: LOtus CIty 2b Release order.pdf | 3 Jan 2025 |
| Layout plan blue printsFile: Lotuscity 2b Plan.pdf | 3 Jan 2025 |
| Master Plan proposedFile: SIPL12112401CLU-LAND USE.pdf | 3 Jan 2025 |
| ZR copyFile: 1Kolar Master Plan and Zonal Regulations.pdf | 3 Jan 2025 |
| Village MapFile: SIPL12112401CLU-VILLAGE MAP.pdf | 3 Jan 2025 |
| ADLR Survey SketchFile: GK ADLR Sketch and Signature Lotus city 2B.pdf | 3 Jan 2025 |
| Relinquishment deed of Park, CA site and roads REQ letterFile: REQ For NOC.pdf | 3 Jan 2025 |
| Construction Cost DetailsFile: Estimation and project specfication of Lotuscity 2B.pdf | 3 Jan 2025 |
| Land cost calculation sheetFile: GK New GuideLine Value.pdf | 3 Jan 2025 |
| Agreement for SaleFile: Agreement of sale VM Lotuscity 2B.pdf | 3 Jan 2025 |
| BESCOM EStimation formFile: Bescom Letter.pdf | 3 Jan 2025 |
| financial statements with scheduleFile: VM ITR 2023-24_compressed.pdf | 10 Dec 2024 |
| sources of fundsFile: chalapathy sir networth.pdf | 10 Dec 2024 |
| chartered accountant's KYCFile: membership details.pdf | 10 Dec 2024 |
| ECFile: EC Lotus city 2B.pdf | 10 Dec 2024 |
| Layout OrderFile: LOtus CIty 2b Release order.pdf | 10 Dec 2024 |
| Layout planFile: Lotuscity 2b D Plan.pdf | 10 Dec 2024 |
| Master PlanFile: SIPL12112401CLU-LAND USE.pdf | 10 Dec 2024 |
| ZRFile: 1Kolar Master Plan and Zonal Regulations.pdf | 10 Dec 2024 |
| ADLR Survey SketchFile: GK ADLR Sketch and Signature Lotus city 2B.pdf | 10 Dec 2024 |
| Village MapFile: SIPL12112401CLU-VILLAGE MAP.pdf | 10 Dec 2024 |
| Engineer license certificateFile: Engg License moyddin.pdf | 10 Dec 2024 |
| Common area detailsFile: Common Area Details Lotuscity 2B.pdf | 10 Dec 2024 |
| Construction Cost DetailsFile: Estimation and project specfication of Lotuscity 2B.pdf | 10 Dec 2024 |
| Engineer certificateFile: Form-3 Lotuscity 2B.pdf | 10 Dec 2024 |
| STP/Septic tank, Soak pit, and sewer line drawing certified by the EngineerFile: STP Lotuscity 2B.pdf | 10 Dec 2024 |
| Estimation of Lotuscity 2bFile: Estimation of Lotuscity 2b.pdf | 10 Dec 2024 |
| Land cost calculationFile: GK New GuideLine Value.pdf | 10 Dec 2024 |
| source of water supplyFile: Water source lotuscity 2B.jpeg | 10 Dec 2024 |
| Agreement for Sale and proforma of the Allotment letterFile: Allotment letter vm lotuscity 2b.pdf | 10 Dec 2024 |
| project specificationFile: Project Specifications.pdf | 10 Dec 2024 |
| RTC, survey 38/3 | - |
| Mutation, survey 38/3 | - |
| Encumbrance Certificate, survey 38/3 | - |
| Conversion/Alienation Order, survey 38/3 | - |
| Sale/Title/Gift Deed, survey 38/3 | - |
| Khatha, survey 38/3 | - |
| RTC, survey 39/2 | - |
| Mutation, survey 39/2 | - |
| Encumbrance Certificate, survey 39/2 | - |
| Conversion/Alienation Order, survey 39/2 | - |
| Sale/Title/Gift Deed, survey 39/2 | - |
| Khatha, survey 39/2 | - |
| RTC, survey 38/2 and 39/3 | - |
| Mutation, survey 38/2 and 39/3 | - |
| Encumbrance Certificate, survey 38/2 and 39/3 | - |
| Conversion/Alienation Order, survey 38/2 and 39/3 | - |
| Sale/Title/Gift Deed, survey 38/2 and 39/3 | - |
| JDA, survey 38/2 and 39/3 | - |
| Khatha, survey 38/2 and 39/3 | - |
| Registration CertificateFile: Registration Certificate V M (2).pdf | - |
| GST CertificateFile: GST Certificate V M.pdf | - |
| Partnership DeedFile: Partnership deed V M_11zon.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form-1 CA Lotuscity 2B.pdf | - |
| Certificate issued by Engineer Form 3File: Form-3 Lotuscity 2B.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: AFFIDAVIT NON LITIGATION.pdf | - |
| Certificate from Chartered AccountFile: Form-1 CA Lotuscity 2B.pdf | - |
| Certificate issued by ArchitectFile: VM Lotus city Form-2 Architect (PR).pdf | - |
| Balance Sheet 2023 - 2024File: AUDIT REPORT_merged.pdf | - |
| Balance Sheet 2022 - 2023File: VM ITR 20212211zon (1).pdf | - |
| Balance Sheet 2021 - 2022File: CA letter VM Builder and Developers (1).pdf | - |
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Builder: VM BUILDER AND DEVELOPERS
VM BUILDER AND DEVELOPERS has 9 registrations on RERA Karnataka, including VMS LOTUSCITY PHASE-2A and V M s Lotus city Phase-2B. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Kolar district page.
Frequently asked questions
What are my rights if V M s Lotus city Phase-2B is delayed beyond 31 Dec 2027?
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 V M s Lotus city Phase-2B?
The registered promoter entity is VM BUILDER AND DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29AAVFV8656Q1ZJ 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 V M s Lotus city Phase-2B?
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 V M s Lotus city Phase-2B?
The professionals named in the filing: Engineer: Mohammed Moyunddin; Chartered Accountant: Venkataramana P. 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 V M s Lotus city Phase-2B?
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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