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Registration approved Plotted Development project

VAIBHAV NAGAR PHASE-4

By Vikas Kumar G

RG-KA-06700 · RERA PRM/KA/RERA/1254/465/PR/210129/003803 · Last updated on RERA Karnataka portal: 19 Jan 2021

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Dec 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 61 documents Report an error

VAIBHAV NAGAR PHASE-4 is a Plotted Development project by Vikas Kumar G in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/465/PR/210129/003803 on 29 Jan 2021. Possession is promised by 31 Dec 2022.

At a glance

Project

  • NameVAIBHAV NAGAR PHASE-4
  • TypePlotted Development
  • Location
    • Sidlaghatta
    • Chikkaballapura
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1254/465/PR/210129/003803
  • ReraGenie IDRG-KA-06700

Builder

  • NameVikas Kumar G

Key dates

this monthRegisteredJan 2021PromisedDec 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Jan 2021
  • Promised completion31 Dec 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed61 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 area16,187 sq m
Named landowners1
LandownerVillageDistrict
Vikas Kumar G--

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 1.50 cr

Certifying professionals and partners2

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

RoleName
ArchitectSRIMATHI J ADIGA
EngineerVishnu kumar

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed61

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/210129/003803 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Profit and Loss 2019-20File: Profit and Loss 2019-20.pdf19 Jan 2021
Statement of Income 2019-20File: Statement of Income 2019-20.pdf19 Jan 2021
Income Tax Return 2019-20File: Income Tax Return 2019-20.pdf19 Jan 2021
Plan Sanction letterFile: plan sanction letter.pdf19 Jan 2021
Layout planFile: Approved Plan.PDF19 Jan 2021
NOC-WaterFile: NOC-Water.pdf19 Jan 2021
AffidavitFile: affidavit.pdf19 Jan 2021
Initital Plan Approval letter-
Approved Plan-
Approved Plan-
Sale Deed-
Approved Plan-
Approved Plan-
Specification-
Latest Encumbrance Certificate-
Sec 3(1) Non violation Affidavit-
MR and RTC-
Unnamed document-
Conversion Order-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
NOC-BESCOM-
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-
Approved Plan-
Specification-
Unnamed document-
Audited Profit and Loss Statement 2019 - 2020File: Profit and Loss 2017-18.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit and loss 2016-17.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: IT Return 2017-18.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT Return 2016-17.pdf-
Form-B Affidavit-
Plot Excel SheetFile: PRMKARERA1254465PR210129003803.xlsx-
Final plan technical sanction LetterFile: Vaibhav Nagar P4 Release Order.pdf-
Completion CertificateFile: Vaibhav Nagar P4 Release Order.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.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-
Brief description of Water supply and Underground drainage worksFile: Water 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: VPN4 4CC.pdf-
Architect's Certificate (Form-5)File: Form 5 Architect Completion Certificate.pdf-
Engineer's Certificate (Form-6)File: Form-6 Engineer Certificate for Completed Project.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Closure Affidavit.pdf-
IGR LetterFile: IGR Letter.pdf-

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 PHASE-4Other 3Dot size: filed unitsN

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

Builder: Vikas Kumar G

Vikas Kumar G has 1 registration on RERA Karnataka, including VAIBHAV NAGAR PHASE-4. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Chikkaballapura district page.

Frequently asked questions

What are my rights if VAIBHAV NAGAR PHASE-4 is delayed beyond 31 Dec 2022?

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 PHASE-4?

The registered promoter entity is Vikas Kumar G. 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 NAGAR 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 NAGAR PHASE-4?

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 NAGAR 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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