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Registration approved No litigation declared Plotted Development project

Vaibhav Greens Phase 4

By Vasathi Vaibhav Projects LLP

RG-KA-20895 · RERA PRM/KA/RERA/1254/465/PR/120822/005156 · Last updated on RERA Karnataka portal: 10 Aug 2022

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
Dec 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 112 documents Report an error

Vaibhav Greens Phase 4 is a Plotted Development project by Vasathi Vaibhav Projects LLP in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/465/PR/120822/005156 on 12 Aug 2022. Possession is promised by 31 Dec 2023.

At a glance

Project

  • NameVaibhav Greens Phase 4
  • TypePlotted Development
  • Location
    • Sidlaghatta
    • Chikkaballapura
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1254/465/PR/120822/005156
  • ReraGenie IDRG-KA-20895

Builder

  • NameVasathi Vaibhav Projects LLP
  • Entity typePartnership Firm
  • Authorized SignatoryPriyanka Jain
  • Other registrations5 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredAug 2022PromisedDec 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on12 Aug 2022
  • Promised completion31 Dec 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed112 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.

Named landowners4
LandownerVillageDistrict
Vasathi Vaibhav Projects LLP--
Vasathi Vaibhav Projects LLP--
Vasathi Vaibhav Projects LLP--
Vasathi Vaibhav Projects LLP--

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 71.00 lakh
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 58.50 lakh-
On-site expenditure-Site OverheadRs 9.00 lakh-
On-site expenditure-Consultants FeesRs 2.00 lakh-
Payment of taxesRs 1.50 lakh-

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
EngineerVishnu Kumar
Chartered AccountantMahaveer Jain

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed112

As listed on the registration, under the names the promoter filed them with; the newest 80 of 112 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1254/465/PR/120822/005156 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Quarterly Filed ScreenshotFile: Quarterly Filed Screenshot.pdf10 Aug 2022
BESCOM NOC with fee paid receiptFile: BESCOM NOC with Fee paid receipts.pdf11 Jul 2022
Clarification on Cost of constructionFile: Clarification on Cost of construction 2.pdf20 Jun 2022
Clarification on Electricity NOC with AffidavitFile: Clarification on Electricity NOC with Affidavit.pdf20 Jun 2022
Legal OpinionFile: Legal Opinion.pdf20 Jun 2022
UGD DemarcationFile: UGD Demarcation.pdf20 Jun 2022
Clarification on CA NameFile: Clarification on CA Name.pdf19 May 2022
CA UDIN for the year 2019-20 balance sheet and profit and lossFile: Fs and Ar 2019 2020 VVPL.pdf19 May 2022
Provisional 2021-22 balance sheet, profit and loss accountFile: Provisional Vasathi Vaibhav Financials 31 03 2022.pdf19 May 2022
Self Attested PANFile: Self attested PAN.pdf19 May 2022
RTC FOR SYNO 42/1File: RTC 42-1.pdf19 May 2022
TITLE DEED TO H MANJUNATHFile: Sale Deed of Manjunath for all sy nos.pdf19 May 2022
Location and DemarcationFile: Location and Demarcation.pdf19 May 2022
Form 3 Engineer Certificate with correct Cost of EstimateFile: Form 3 VGPh-4.pdf19 May 2022
Updated Proforma AOSFile: Agreement of Sale Proforma.pdf19 May 2022
Clarification on Advocate Search ReportFile: Clarification on Advocate Search Report.pdf19 May 2022
UDG DemarcationFile: UGD Demarcation.pdf19 May 2022
Clarification on BrochureFile: Clarification non production of brochure.pdf19 May 2022
Clarification on water NOCFile: Clarification on Water NOC and clarity on water source.pdf19 May 2022
RTC, survey 42/1-
Mutation, survey 42/1-
Encumbrance Certificate, survey 42/1-
Conversion/Alienation Order, survey 42/1-
Sale/Title/Gift Deed, survey 42/1-
Khatha, survey 42/1-
RTC, survey 42/2-
Mutation, survey 42/2-
Encumbrance Certificate, survey 42/2-
Conversion/Alienation Order, survey 42/2-
Sale/Title/Gift Deed, survey 42/2-
Khatha, survey 42/2-
RTC, survey 42/3-
Mutation, survey 42/3-
Encumbrance Certificate, survey 42/3-
Conversion/Alienation Order, survey 42/3-
Sale/Title/Gift Deed, survey 42/3-
Khatha, survey 42/3-
RTC, survey 42/4-
Mutation, survey 42/4-
Encumbrance Certificate, survey 42/4-
Conversion/Alienation Order, survey 42/4-
Sale/Title/Gift Deed, survey 42/4-
Khatha, survey 42/4-
Registration CertificateFile: Certificate of LLP Incorporation (ROC).PDF-
Partnership DeedFile: Vasathi Vaibhav Projects LLP partnership ageement.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1 Vaibhav Greens Phase 4.pdf-
Certificate issued by Engineer Form 3File: Form 3 VGPh-4.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Affidavit Non-Litigation.pdf-
Certificate from Chartered AccountFile: Form 1 Vaibhav Greens Phase 4.pdf-
Certificate issued by ArchitectFile: Form 2.pdf-
Balance Sheet 2020 - 2021File: Balance sheet 2020-21.pdf-
Balance Sheet 2019 - 2020File: Balance sheet 2019-20.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 2018-19.pdf-
Audited Profit and Loss Statement 2020 - 2021File: P&L 2020-21.pdf-
Audited Profit and Loss Statement 2019 - 2020File: P&L 2019-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P&L 2018-19.pdf-
Cash Flow Statement 2020 - 2021File: Financial Statement 2020-21.pdf-
Cash Flow Statement 2019 - 2020File: Financial Statement 2019-20.pdf-
Auditor's Report 2020 - 2021File: Auditor Report 2020-21.pdf-
Auditor's Report 2018 - 2019File: Auditor Report 2018-19.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: ITR 2020-21.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2018-19.pdf-
Sanction Letter-
Affidavit for Electricity NOC-
NOC Water-
Approved Layout Plan-
Approved Layout Plan-
Approved Layout Plan-
Project Specification-
Project Specification-
Proforma AOS-
Booking form-
Affidavit Form B-
Affidavit Sec 3(1)-
Affidavit for Electricity NOC-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
VAIBHAV UPAVAN PHASE-1VAIBHAV UPAVAN PHASE-1, SY NO 12/1 & 12/2 OF KARIYANAPURA VILLAGE, JANGAMAKOTE HOBLI, SIDLAGHATTA TALUK, CHIKKABALLAPURA DISTOngoingSep 2024Not delivered

How this compares with Chikkaballapura

27%of Chikkaballapura projects moved their completion datethis one has not
1%of Chikkaballapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 170+ Chikkaballapura projects on ReraGenie, from their own filings.

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Other projects near Chikkaballapura170+ in Chikkaballapura

Builder: Vasathi Vaibhav Projects LLP

Vasathi Vaibhav Projects LLP has 6 registrations on RERA Karnataka, including Vaibhav Nagar P 3 and Vaibhav Greens Phase 4. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Chikkaballapura district page.

Frequently asked questions

What are my rights if Vaibhav Greens Phase 4 is delayed beyond 31 Dec 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 Greens Phase 4?

The registered promoter entity is Vasathi Vaibhav Projects LLP, 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 Greens Phase 4?

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 Greens Phase 4?

The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: Mahaveer Jain. 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 Greens Phase 4?

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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