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V3 Ventures Phase 1
RG-KA-73264 · RERA PRM/KA/RERA/1272/394/PR/040325/007541 · Last updated on RERA Karnataka portal: 8 Jan 2025
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.
V3 Ventures Phase 1 is a Plotted Development project by Mohammed Momin Sadiq in Tumakuru, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1272/394/PR/040325/007541 on 4 Mar 2025. Possession is promised by 31 Dec 2025.
At a glance
Project
- NameV3 Ventures Phase 1
- TypePlotted Development
- Location
- Tumakuru
- PincodeNot stated
- RERA no.PRM/KA/RERA/1272/394/PR/040325/007541
- ReraGenie IDRG-KA-73264
Builder
- NameMohammed Momin Sadiq
- Entity typeProprietorship
- Authorized SignatoryMohammed Momin Sadiq
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on4 Mar 2025
- Promised completion31 Dec 2025
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed91 files
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 |
|---|---|---|
| Mohammed Momin Sadiq | - | - |
| Mohammed Abdul Razak | - | - |
| Suleman | - | - |
| Rehana 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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 1.60 cr | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 16.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 5.00 lakh | - |
| On-site expenditure-Salaries of workers | Rs 4.50 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Sahana G |
| Chartered Accountant | Lakshmi G K |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed91
As listed on the registration, under the names the promoter filed them with; the newest 80 of 91 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1272/394/PR/040325/007541 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| ITR of 3 financial yearsFile: ITR.pdf | 8 Jan 2025 |
| Trading and Profit and Loss Account of 3 financial yearsFile: Trading and Profit & Loss Account.pdf | 8 Jan 2025 |
| Balance Sheet of 3 financial yearsFile: Balance Sheet.pdf | 8 Jan 2025 |
| Source of FundFile: Source of Fund.pdf | 8 Jan 2025 |
| Bank AffidavitFile: Bank Affidavit.pdf | 14 Dec 2024 |
| PAN Self-attested CopyFile: PAN Self-attested Copy.pdf | 14 Dec 2024 |
| Source of FundFile: Source of Fund.pdf | 14 Dec 2024 |
| RTC of Current YearFile: RTC.pdf | 14 Dec 2024 |
| ECFile: EC.pdf | 14 Dec 2024 |
| Affidavit Non-litigationFile: Affidavit Non-litigation.pdf | 14 Dec 2024 |
| Form - BFile: Form B.pdf | 14 Dec 2024 |
| Approval Layout OrderFile: Plan Approval.pdf | 14 Dec 2024 |
| Approved Layout plan blue printsFile: Layout Plan.pdf | 14 Dec 2024 |
| ADLR Certified Survey SketchFile: ADLR Certified Survey Sketch.pdf | 14 Dec 2024 |
| Village MapFile: Village Map.pdf | 14 Dec 2024 |
| Clarification Letter for Relinquishment DeedFile: Clarification Letter for Relinquishment Deed.pdf | 14 Dec 2024 |
| Affidavit 3(1)File: Affidavit 3(1).pdf | 14 Dec 2024 |
| Form - 6 Engineer CertificateFile: Form 6 - Engineer Certificate.pdf | 14 Dec 2024 |
| Land Cost Calculation Sheet Self-attestedFile: Land Cost Calculation Sheet Self attested.pdf | 14 Dec 2024 |
| Source of Water - Water NOCFile: Water Noc Self attested.pdf | 14 Dec 2024 |
| Reply Letter for Delay in RERA RegistrationFile: Reply Letter for Delay in Registration.pdf | 14 Dec 2024 |
| Affidavit for NO MortgageFile: Affidavit for No Mortgage.pdf | 14 Dec 2024 |
| RTC, survey 91/2A2 | - |
| Mutation, survey 91/2A2 | - |
| Encumbrance Certificate, survey 91/2A2 | - |
| Conversion/Alienation Order, survey 91/2A2 | - |
| Sale/Title/Gift Deed, survey 91/2A2 | - |
| Khatha, survey 91/2A2 | - |
| Registration CertificateFile: Udyam Registration Certificate.pdf | - |
| GST Certificate | - |
| Certificate issued by CA Form 1File: Form 1 CA certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Form 6 -Engineer Certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: NO Litigation.pdf | - |
| Certificate issued by ArchitectFile: Form -5 Architect.pdf | - |
| Balance Sheet 2023 - 2024File: Balance sheet 2023.pdf | - |
| Balance Sheet 2022 - 2023File: Balance sheet 2022.pdf | - |
| Balance Sheet 2021 - 2022File: balance sheet 2021.pdf | - |
| Audited Profit and Loss Statement 2023 - 2024File: Profit & Loss 2023.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: profit & Loss 2022.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: Profit & loss 2021.pdf | - |
| Income Tax Return Acknowledgement 2023 - 2024File: ITR 2022 23.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: ITR 2021 22.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ITR 2020 21.pdf | - |
| Plan approval letter | - |
| Bescom Noc with fee paid receipt | - |
| Water Noc Self attested | - |
| Approved Layout Plan | - |
| Approved Layout Plan | - |
| Approved Layout Plan | - |
| Existing plan & Specification | - |
| Project Specification | - |
| Approved Layout Plan | - |
| Legal Report | - |
| CONVERSION ORDER | - |
| Title deed | - |
| Agreement for Sale | - |
| proforma of Allotment Letter | - |
| Brochure | - |
| Bescom Noc with fee paid receipt | - |
| Water Noc Self attested | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
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| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Declaration For Reliquishment Deed | - |
| Survey sketch | - |
| Land Calculation Self attested | - |
| Project Specification | - |
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Builder: Mohammed Momin Sadiq
Mohammed Momin Sadiq has 1 registration on RERA Karnataka, including V3 Ventures Phase 1. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Tumakuru district page.
Frequently asked questions
What are my rights if V3 Ventures Phase 1 is delayed beyond 31 Dec 2025?
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 V3 Ventures Phase 1?
The registered promoter entity is Mohammed Momin Sadiq, a proprietorship 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 V3 Ventures Phase 1?
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 V3 Ventures Phase 1?
The professionals named in the filing: Engineer: Sahana G; Chartered Accountant: Lakshmi G K. 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 V3 Ventures Phase 1?
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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