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Registration approved No litigation declared Plotted Development project

Vaibhav Nagar P 3

By Vasathi Vaibhav Projects LLP

RG-KA-06478 · RERA PRM/KA/RERA/1254/465/PR/090623/005990

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
Mar 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 106 documents Report an error

Vaibhav Nagar P 3 is a Plotted Development project by Vasathi Vaibhav Projects LLP in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/465/PR/090623/005990 on 9 Jun 2023. Possession is promised by 15 Mar 2023.

At a glance

Project

  • NameVaibhav Nagar P 3
  • TypePlotted Development
  • Location
    • Sidlaghatta
    • Chikkaballapura
    • 562102
  • Pincode562102
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1254/465/PR/090623/005990
  • ReraGenie IDRG-KA-06478

Builder

  • NameVasathi Vaibhav Projects LLP
  • Entity typePartnership Firm
  • LLPINAAH-7870
  • Authorized SignatoryPankaj Kumar
  • Other registrations5 more →
  • Declared earlier projects1 →

Key dates

Registered
9 Jun 2023
Promised
15 Mar 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on9 Jun 2023
  • Promised completion15 Mar 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed106 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.

Named landowners3
LandownerVillageDistrict
E V Surendra Kumar--
E V Surendra Kumar--
E V Surendra Kumar--

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 67.00 lakh
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 60.00 lakh-
On-site expenditure-Site OverheadRs 4.50 lakh-
On-site expenditure-Consultants FeesRs 2.00 lakh-
Payment of taxesRs 50,000-

Certifying professionals and partners2

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

RoleName
EngineerVISHNUKUMAR
Chartered AccountantMahaveer Jain

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed106

As listed on the registration, under the names the promoter filed them with; the newest 80 of 106 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1254/465/PR/090623/005990 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
RTC, survey 8-4-
Mutation, survey 8-4-
Encumbrance Certificate, survey 8-4-
Conversion/Alienation Order, survey 8-4-
Sale/Title/Gift Deed, survey 8-4-
JDA, survey 8-4-
Khatha, survey 8-4-
RTC, survey 5-1-
Mutation, survey 5-1-
Encumbrance Certificate, survey 5-1-
Conversion/Alienation Order, survey 5-1-
Sale/Title/Gift Deed, survey 5-1-
JDA, survey 5-1-
Khatha, survey 5-1-
RTC, survey 5-2-
Mutation, survey 5-2-
Encumbrance Certificate, survey 5-2-
Conversion/Alienation Order, survey 5-2-
Sale/Title/Gift Deed, survey 5-2-
JDA, survey 5-2-
Khatha, survey 5-2-
Registration CertificateFile: Vasathi vaibhav Certificate of LLP Incorporation.PDF-
Partnership DeedFile: VVP Partnership Deed.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1 New RERA Vaibhav N P 3.pdf-
Certificate issued by Engineer Form 3File: Form 3 Engineer Certificate.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non-Litigation Affidavit.pdf-
Certificate from Chartered AccountFile: Form 1 New RERA Vaibhav N P 3.pdf-
Certificate issued by ArchitectFile: Form 2 Vaibhav Nagar P 3.pdf-
Balance Sheet 2021 - 2022File: Balance sheet and P&L 2021-22.pdf-
Balance Sheet 2020 - 2021File: Balance sheet and P&L 2020-21.pdf-
Balance Sheet 2019 - 2020File: Balance sheet and P&L 2019-20.pdf-
Audited Profit and Loss Statement 2021 - 2022File: Balance sheet and P&L 2021-22.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Balance sheet and P&L 2020-21.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Balance sheet and P&L 2019-20.pdf-
Director's Report 2021 - 2022File: Directors Report 2021-22.pdf-
Director's Report 2020 - 2021File: Directors Report 2020-21.pdf-
Auditor's Report 2021 - 2022File: Audit Report 2021-22.pdf-
Auditor's Report 2020 - 2021File: Auditor Report 2020-21.pdf-
Auditor's Report 2019 - 2020File: Auditor Report 2019-20.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: ITR 2021-22.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: ITR 2020-21.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019-20.pdf-
Initial Plan Letter-
NOC NP3 Electricity-
NOC NP3 Water-
Initial Approved Plan-
Initial Approved Plan-
Initial Approved Plan-
Project Specification NP3-
Project Specification NP3-
Legal Opinion NP3-
JDA and GPA-
Partition Deed NP3 Dco No-I 4861-
Proforma AOS - VNP3 Final-
Proforma Allotment Letter-
Form B Affidavit-
Sec 3(1) Affidavit-
JDA Affidavit-
NOC NP3 Electricity-
NOC NP3 Water-
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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

2 kmVaibhav Nagar P 3Other 3Dot size: filed unitsN

Filed coordinates, straight-line distance. 3 registered projects within 2 km.

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 Nagar P 3 is delayed beyond 15 Mar 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 Nagar P 3?

The registered promoter entity is Vasathi Vaibhav Projects LLP, a partnership firm as per the filing. Its LLPIN AAH-7870 can be cross-checked on the MCA and GST portals. 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 Nagar P 3?

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 Nagar P 3?

The professionals named in the filing: Engineer: VISHNUKUMAR; 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 Nagar P 3?

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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