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Registration approved Plotted Development project

VAIBHAV GREENS PHASE-III

By Vasathi Vaibhav Projects LLP

RG-KA-06603 · RERA PRM/KA/RERA/1254/465/PR/210323/004066

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2023Possession promisedmoved 6 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 72 documents Report an error

VAIBHAV GREENS PHASE-III is a Plotted Development project by Vasathi Vaibhav Projects LLP in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/465/PR/210323/004066 on 23 Mar 2021. Possession is promised by 30 Jun 2023. The completion date has moved by 6 months from the original filing.

At a glance

Project

  • NameVAIBHAV GREENS PHASE-III
  • TypePlotted Development
  • Location
    • Sidlaghatta
    • Chikkaballapura
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1254/465/PR/210323/004066
  • ReraGenie IDRG-KA-06603

Builder

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

Key dates

this monthRegisteredMar 2021First promiseDec 2022Revised toJun 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 Mar 2021
  • Promised completion30 Jun 2023
  • Revised completionRevised to 30 Jun 2023 (originally 31 Dec 2022)
  • BuildingsNot stated in filing
  • Documents filed72 files

The full filing

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

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.

Land area8,093 sq m
Named landowners1
LandownerVillageDistrict
H K MANJUNATHA--

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 40.00 lakh

Certifying professionals and partners2

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

RoleName
ArchitectSrimathi J Adiga
EngineerVishnu Kumar

Extensions applied for1

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

EX/PRM/KA/RERA/1254/465/PR/230606/004066Dec 2022 → Jun 2023

Reason as filed by the promoterAwaiting OC

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed72

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/1254/465/PR/210323/004066 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Certificate of LLP Incorporation.PDF-
Architect Certificate for Work Completion Schedule till DateFile: Architect work Completion.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer work completed as on today.pdf-
CA Certificate for Funds UtilizationFile: CA FUNDS UTILISED.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Work Pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer work Pending As on today.pdf-
CA Certificate for Funds required for Project CompletionFile: CA FUNDS REQUIRED.pdf-
AffidavitFile: Form-Ex7.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetailsvgp3.xlsx-
Plan Approval Letterc-
Layout plan-
Layout plan-
Sale Deed-
Layout plan-
Layout plan-
Project Specification-
upto date Encumbrance Certificate-
3(1)non- violation-
Joint Declaration Affidavitc-
MR and RTC-
JDA and GPA-
Partnership Deed-
Converison Order-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
NOC-Water-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Layout plan-
sanction letter Plan and specification-
Unnamed document-
Balance Sheet 2019 - 2020File: Balance Sheet 2019-20.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 2018-19.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet 2017-18.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit and Loss 2019-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit and Loss 2018-19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit and Loss 2017-18.pdf-
Auditor's Report 2019 - 2020File: Auditor's report 2019-20.pdf-
Auditor's Report 2018 - 2019File: Auditors Report 2018-19.pdf-
Auditor's Report 2017 - 2018File: Auditors report 2017-18.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: IT return 2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT Return 2018-2019.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT return 2017-18.pdf-
Form B-
Plot Excel SheetFile: PRMKARERA1254465PR210323004066.xlsx-
Final plan technical sanction LetterFile: 100% Release Order.pdf-
Completion CertificateFile: 100% Release Order.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed VGP3.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: BESCOM NOC.pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: BESCOM NOC.pdf-
Chartered Accountant Certificate (Form-4)File: Form 4 CC VGP3.pdf-
Architect's Certificate (Form-5)File: Form-5 Architect Closure VGP3.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 VGP3.pdf-

How this compares with Chikkaballapura

27%of Chikkaballapura projects moved their completion datethis one moved by 6 months
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-III is delayed beyond 30 Jun 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-III?

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-III?

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-III?

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 VAIBHAV GREENS PHASE-III?

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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About VAIBHAV GREENS PHASE-III. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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