Home / Browse projects / Vijayanagara, Karnataka / V Sadashiva Layout Phase-2
V Sadashiva Layout Phase-2
By V S DEVAKI
RG-KA-94735 · RERA PRM/KA/RERA/1248/440/PR/210302/003978 · Last updated on RERA Karnataka portal: 24 Feb 2021
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
V Sadashiva Layout Phase-2 is a Plotted Development project by V S DEVAKI in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/440/PR/210302/003978 on 2 Mar 2021. Possession is promised by 9 Sep 2022.
At a glance
Project
- NameV Sadashiva Layout Phase-2
- TypePlotted Development
- Location
- Hospet
- Vijayanagara
- PincodeNot stated
- RERA no.PRM/KA/RERA/1248/440/PR/210302/003978
- ReraGenie IDRG-KA-94735
Builder
- NameV S DEVAKI
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on2 Mar 2021
- Promised completion9 Sep 2022
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed70 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership3
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 |
|---|---|---|
| C H SWETHA | - | - |
| V S Devaki | - | - |
| HARISH BABU V S | - | - |
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 | Srimathi J Adiga |
| Engineer | Vishnu Kumar |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed70
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/1248/440/PR/210302/003978 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Affidavit to confirm bank accountFile: Affidavit to confirm the Bank Account as Project Account.pdf | 24 Feb 2021 |
| Bank passbook with statementFile: Passbook with statement.pdf | 10 Feb 2021 |
| MOU executed among land ownersFile: MOU Devaki.pdf | 10 Feb 2021 |
| Joint Declaration AffidavitFile: Joint Declaration Affidavit.pdf | 10 Feb 2021 |
| Conversion OrderFile: Conversion Order.pdf | 10 Feb 2021 |
| Plan Approval letter | - |
| Approved PlanO | - |
| Approved PlanO | - |
| Sale Deeds | - |
| Approved PlanO | - |
| Project Specification | - |
| Up to date Encumbrance Certificate | - |
| Sec 3(1) Non-Violation Affidavit | - |
| RTC and MR | - |
| Conversion Order | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| PARK NOC | - |
| GESCOM NOC | - |
| UGD CMC NOC | - |
| PWD 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 | - |
| Approved PlanO | - |
| license plan and specification | - |
| Unnamed document | - |
| Balance Sheet 2019 - 2020File: Statement of Income 19-20.pdf | - |
| Balance Sheet 2018 - 2019File: Statement of Income 18-19.pdf | - |
| Balance Sheet 2017 - 2018File: Statement of Income 2016-17.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Submission.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Submission.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: Submission.pdf | - |
| Director's Report 2019 - 2020File: Submission.pdf | - |
| Director's Report 2018 - 2019File: Submission.pdf | - |
| Director's Report 2017 - 2018File: Submission.pdf | - |
| Cash Flow Statement 2019 - 2020File: Submission.pdf | - |
| Cash Flow Statement 2018 - 2019File: Submission.pdf | - |
| Auditor's Report 2019 - 2020File: Submission.pdf | - |
| Auditor's Report 2018 - 2019File: Submission.pdf | - |
| Auditor's Report 2017 - 2018File: Submission.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 19-20.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: IT Returnc 18-19.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR 2016-17.pdf | - |
| Form-B Affidavit | - |
| Plot Excel SheetFile: PRMKARERA1248440PR210302003978.xlsx | - |
| Final plan technical sanction LetterFile: Final Release Order.jpeg | - |
| Final layout plan sanctionedFile: Final Plan.jpeg | - |
| Completion CertificateFile: Final Release Order.jpeg | - |
| Relinquishment deed executed handed over detailsFile: Relinquishmet Deed.pdf | - |
| Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: PWD NOC.pdf | - |
| Certificate issued by the Karnataka Urban Water supplyFile: Water NOC.pdf | - |
| Certificate issued by the concerned power supply(ESCOM'S)File: Electricity NOC.pdf | - |
| Chartered Accountant Certificate (Form-4)File: Form-4 CC CA Closure.pdf | - |
| Architect's Certificate (Form-5)File: Form-5 Architect Closure Certificate.pdf | - |
| Engineer's Certificate (Form-6)File: Form-6 Engineer Closure Certificate.pdf | - |
| Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Closure Affidavit.pdf | - |
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Builder: V S DEVAKI
V S DEVAKI has 1 registration on RERA Karnataka, including V Sadashiva Layout Phase-2. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayanagara district page.
Frequently asked questions
What are my rights if V Sadashiva Layout Phase-2 is delayed beyond 9 Sep 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 Sadashiva Layout Phase-2?
The registered promoter entity is V S DEVAKI. 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 Sadashiva Layout Phase-2?
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 Sadashiva Layout Phase-2?
The professionals named in the filing: Architect: Srimathi J Adiga; Engineer: Vishnu Kumar. 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 Sadashiva Layout Phase-2?
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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