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VAIBHAV BUSINESS CENTRE
RG-KA-77551 · RERA PRM/KA/RERA/1273/318/PR/201001/003614 · Last updated on RERA Karnataka portal: 9 Sep 2020
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 5 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
Saved.
VAIBHAV BUSINESS CENTRE is a Mixed Development project by R P Developers in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/201001/003614 on 1 Oct 2020. Possession is promised by 30 May 2023. The completion date has moved by 5 months from the original filing. 0 of the 124 units on this registration are recorded sold or booked, and 0 of 16 construction stages are filed complete.
At a glance
Project
- NameVAIBHAV BUSINESS CENTRE
- TypeMixed Development
- Location
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/318/PR/201001/003614
- ReraGenie IDRG-KA-77551
Builder
- NameR P Developers
- Entity typePartnership Firm
- Authorized SignatoryTerence Victor Suares
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on1 Oct 2020
- Promised completion30 May 2023
- Revised completionRevised to 30 May 2023 (originally 31 Dec 2022)
- Buildings1 building record
- Documents filed76 files
Current status
Figures as on 9 Sep 2020, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VAIBHAV BUSINESS CENTRE | - | - | - | - | - | 124 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 9 Sep 2020, 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.
0 of 16 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.
Building: 0% average across the applicable activities
| 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 | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities41
As on 9 Sep 2020, 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 | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Gas | No | Not applicable |
| 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 | No | Not applicable |
| 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 | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
Land and ownership1
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 |
|---|---|---|
| MRS PRAMOD HEGDE | - | - |
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 | KAUSHIK U |
| Engineer | Shashi Kumar |
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 promoterothers
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed76
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/1273/318/PR/201001/003614 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Bank statementFile: Bank copy.pdf | 9 Sep 2020 |
| Water NOCFile: water NOC.pdf | 9 Sep 2020 |
| Bank Pass BookFile: Passbook.jpeg | 27 Aug 2020 |
| CA Certificate reg Income Tax ReturnFile: CA Cetificate for IT Reurn.pdf | 27 Aug 2020 |
| Joint Affidavit cun DeclarationFile: Joint Affidavit cum declaration.pdf | 27 Aug 2020 |
| Ground Water Investigation ReportFile: Ground Water Investigation Report.pdf | 27 Aug 2020 |
| Conversion OrderFile: Conversion Order.pdf | 17 Aug 2020 |
| CFE from Pollution Control BoardFile: CFE.pdf | 17 Aug 2020 |
| Partnership DeedFile: Deed of Partnership.pdf | 17 Aug 2020 |
| RERA Fee Paid DetailsFile: RERA Fee Paid.pdf | 17 Aug 2020 |
| Title Deed (Partition Deed)File: Partition Deed.pdf | 17 Aug 2020 |
| CertificateFile: Certificate of Registration of Firm.pdf | - |
| Architect Certificate for Work Completion Schedule till DateFile: Form-Ex1 Architect Certificate For Status of Work As On Date.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: Form-Ex5 Engineers Certificate for Status of Work as on date.pdf | - |
| CA Certificate for Funds UtilizationFile: RP Developers-Form-Ex3 FUND UTILIZATION.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: Form-Ex2 Architect Certificate For Pending Work As On Date.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: Form-Ex6 Engineers Certifictae for Pending work as on date (1).pdf | - |
| CA Certificate for Funds required for Project CompletionFile: Form Ex-4 updated.pdf | - |
| AffidavitFile: Due to Covid 19.pdf | - |
| Latest Encumbrance CertificateFile: encumbrance certificate.pdf | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails (1).xlsx | - |
| BPA Approval Certificate | - |
| BPA Drawings | - |
| Approved Layout Plan | - |
| Draft - Sale Deed | - |
| Draft - Sale Agreement | - |
| Purchase Deed | - |
| BPA Drawings | - |
| NA1 | - |
| NA1 | - |
| NA1 | - |
| ammenities and specification | - |
| EC | - |
| Section - 3(1) | - |
| NA-JV | - |
| Khatha | - |
| Deed of Partnership | - |
| Unnamed document | - |
| Unnamed document | - |
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| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Approved Layout Plan | - |
| BPA Drawings | - |
| NA1 | - |
| Unnamed document | - |
| Form - B | - |
| Prospectus/BrochureFile: Brochure.pdf | - |
| Advertisement Copy 1File: Advertisement Copy.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1273_318_PR_201001_003614.xlsx | - |
| Delay ReasonFile: RERA ectention.jpeg | - |
| Occupancy CertificateFile: Occupancy certificate - Vaibhav residency.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: form 6 architect certificate.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: RP RERA Form 4 Completion Certificate[1] (1).pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: affidavit.pdf | - |
| Engineer certificateFile: form 6 engineer certificate.pdf | - |
| Architect certificateFile: form 6 architect certificate.pdf | - |
| CA CertificateFile: RP RERA Form 4 Completion Certificate[1] (1).pdf | - |
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Builder: R P Developers
R P Developers has 1 registration on RERA Karnataka, including VAIBHAV BUSINESS CENTRE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.
Frequently asked questions
What are my rights if VAIBHAV BUSINESS CENTRE is delayed beyond 30 May 2023?
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 VAIBHAV BUSINESS CENTRE?
The registered promoter entity is R P 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 VAIBHAV BUSINESS CENTRE?
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 VAIBHAV BUSINESS CENTRE?
The professionals named in the filing: Architect: KAUSHIK U; Engineer: Shashi 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 VAIBHAV BUSINESS CENTRE?
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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