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Registration approved Plotted Development project

V M Township

By V.M Builder and Developers

RG-KA-25507 · RERA PRM/KA/RERA/1265/339/PR/181122/002189

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
Jul 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 26 documents Report an error

V M Township is a Plotted Development project by V.M Builder and Developers in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/181122/002189 on 22 Nov 2018. Possession is promised by 20 Jul 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameV M Township
  • TypePlotted Development
  • Location
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/339/PR/181122/002189
  • ReraGenie IDRG-KA-25507

Builder

  • NameV.M Builder and Developers
  • Entity typePartnership Firm
  • Authorized SignatoryGeetha

Key dates

this monthRegisteredNov 2018First promiseOct 2021Revised toJul 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on22 Nov 2018
  • Promised completion20 Jul 2022
  • Revised completionRevised to 20 Jul 2022 (originally 20 Oct 2021)
  • BuildingsNot stated in filing
  • Documents filed26 files

The full filing

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

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 area59,409 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 15.00 cr

Extensions applied for1

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

ExtensionOct 2021 → Jul 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed26

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/1265/339/PR/181122/002189 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Firm Reg.pdf-
Approved Plan-
KAtha (RTC FOR Owner)-
EC-
KAtha (RTC FOR Owner)-
JDA-
Conversion-
Approved Plan-
Change OF Land Use-
Prospectus/BrochureFile: VM-TOWNSHIP - Brouchure - Advt.pdf-
Advertisement Copy 1File: VM-TOWNSHIP - Brouchure - Advt.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1265_339_PR_181122_002189.xlsx-
Final plan technical sanction LetterFile: Kolar Realise Order.pdf-
Final layout plan sanctionedFile: Vm township Final Plan_compressed.pdf-
Completion CertificateFile: Kolar Realise Order.pdf-
Site release order Copies(1st,2nd phase and final release order)File: Kolar Realise Order.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishing Deed .pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: PWD NOC VM Township.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: BESCOM NOC V M Township.pdf-
Certificate issued by KSPCB, consent for operation of STP plantFile: PCB NOC VM Township_compressed.pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: BESCOM NOC V M Township.pdf-
Chartered Accountant Certificate (Form-4)File: Form 4 C A VmTownship Completion Certifcate_compressed.pdf-
Architect's Certificate (Form-5)File: Form 5 Arch Completion Certificate V M Township.pdf-
Engineer's Certificate (Form-6)File: Form 4 Engg Completion Certificate V M TownShip.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affadavit V M Township.pdf-
Sale DeedFile: Sale Deed.pdf-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one moved by 9 months
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Other projects near Kolar190+ in Kolar

Builder: V.M Builder and Developers

V.M Builder and Developers has 1 registration on RERA Karnataka, including V M Township. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if V M Township is delayed beyond 20 Jul 2022?

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 Township?

The registered promoter entity is V.M Builder 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 V M Township?

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.

What should I check before booking in V M Township?

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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