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Vaibhav Upavan Phase 2
RG-KA-67253 · RERA PRM/KA/RERA/1254/465/PR/220623/006010 · Last updated on RERA Karnataka portal: 15 Jun 2023
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
Saved.
Vaibhav Upavan Phase 2 is a Plotted Development project by VYAS VAIBHAV VENTURES LLP in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/465/PR/220623/006010 on 22 Jun 2023. Possession is promised by 31 Dec 2024.
At a glance
Project
- NameVaibhav Upavan Phase 2
- TypePlotted Development
- Location
- Sidlaghatta
- Chikkaballapura
- PincodeNot stated
- RERA no.PRM/KA/RERA/1254/465/PR/220623/006010
- ReraGenie IDRG-KA-67253
Builder
- NameVYAS VAIBHAV VENTURES LLP
- Entity typePartnership Firm
- LLPINAAS-6889
- Authorized SignatoryPUSHPABAI INDRCHAND JAIN
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on22 Jun 2023
- Promised completion31 Dec 2024
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed129 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership5
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 |
|---|---|---|
| Vyas Vaibhav Ventures LLP | - | - |
| Vyas Vaibhav Ventures LLP | - | - |
| Vyas Vaibhav Ventures LLP | - | - |
| Madhu S T | - | - |
| Lakshmikantha S T | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 1.30 cr | - |
| On-site expenditure-Site Overhead | Rs 20.00 lakh | - |
| Payment of taxes | Rs 8.76 lakh | - |
| On-site expenditure-Consultants Fees | Rs 5.00 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Vishnu Kumar |
| Chartered Accountant | Mahaveer Jain |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed129
As listed on the registration, under the names the promoter filed them with; the newest 80 of 129 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1254/465/PR/220623/006010 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Source of Funds with supporting documentsFile: Source of Funds with supporting documents.pdf | 15 Jun 2023 |
| Sanction letterFile: Sanction letter.pdf | 15 Jun 2023 |
| Form 2 Vaibhav Upavan Phase 2File: Form 2 Vaibhav Upavan Phase 2.pdf | 15 Jun 2023 |
| Water NOCFile: Water NOC.pdf | 15 Jun 2023 |
| Sec 3(1) AffidavitFile: Sec 3(1) Affidavit.pdf | 15 Jun 2023 |
| Proforma AOS - VUP2 FinalFile: Proforma AOS - VUP2 Final.pdf | 15 Jun 2023 |
| Financials FY 21-22File: Financials FY 21-22.pdf | 8 May 2023 |
| Financials FY 20-21File: Financials FY 20-21.pdf | 8 May 2023 |
| PARTITION DEEDFile: PARTITION DEED.pdf | 8 May 2023 |
| OS 640File: OS 640.pdf | 8 May 2023 |
| EC 2004-2022 | 8 May 2023 |
| MR 5-3 4 7File: MR 5-3 4 7.pdf | 8 May 2023 |
| RTC 5-3 4 7 8 9File: RTC 5-3 4 7 8 9.pdf | 8 May 2023 |
| Akarband Sy No 5-9File: Akarband Sy No 5-9.pdf | 8 May 2023 |
| Akarband Sy No 5-7File: Akarband Sy No 5-7.pdf | 8 May 2023 |
| Akarband Sy No 5-8File: Akarband Sy No 5-8.pdf | 8 May 2023 |
| MR 228-5File: MR 228-5.pdf | 8 May 2023 |
| Court OrderFile: Court Order.pdf | 8 May 2023 |
| Clarification on CDPFile: Clarification on CDP.pdf | 8 May 2023 |
| Village Map DemarcationFile: Village Map Demarcation.jpeg | 8 May 2023 |
| Form 2 Vaibhav Upavan Phase 2File: Form 2 Vaibhav Upavan Phase 2.pdf | 8 May 2023 |
| Engineer EstimationFile: Engineer Estimation.pdf | 8 May 2023 |
| Source of Funds Vaibhav Upavan Phase 2File: Source of Funds Vaibhav Upavan Phase 2.pdf | 8 May 2023 |
| Form-1 CA CertificateFile: Form-1 CA Certificate.pdf | 8 May 2023 |
| BESCOM NOC with fee paid receiptFile: BESCOM NOC with fee paid receipt.pdf | 8 May 2023 |
| Project SpecificationFile: Project Specification.pdf | 8 May 2023 |
| Sec 3(1) AffidavitFile: Sec 3(1) Affidavit.pdf | 8 May 2023 |
| Septic Tank DemarcationFile: Septic Tank Demarcation.pdf | 8 May 2023 |
| Proforma AOS - VUP2 FinalFile: Proforma AOS - VUP2 Final.pdf | 8 May 2023 |
| Proforma Allotment LetterFile: Proforma Allotment Letter.pdf | 8 May 2023 |
| Vyas vaibhav PanFile: Vyas vaibhav Pan.pdf | 8 May 2023 |
| Location DemarcationFile: Location Demarcation.jpeg | 8 May 2023 |
| Work OrderFile: Sanction letter.pdf | 8 May 2023 |
| RTC, survey 5-3 | - |
| Mutation, survey 5-3 | - |
| Encumbrance Certificate, survey 5-3 | - |
| Conversion/Alienation Order, survey 5-3 | - |
| Sale/Title/Gift Deed, survey 5-3 | - |
| Khatha, survey 5-3 | - |
| RTC, survey 5-4 | - |
| Mutation, survey 5-4 | - |
| Encumbrance Certificate, survey 5-4 | - |
| Conversion/Alienation Order, survey 5-4 | - |
| Sale/Title/Gift Deed, survey 5-4 | - |
| Khatha, survey 5-4 | - |
| RTC, survey 5/7 | - |
| Mutation, survey 5/7 | - |
| Encumbrance Certificate, survey 5/7 | - |
| Conversion/Alienation Order, survey 5/7 | - |
| Sale/Title/Gift Deed, survey 5/7 | - |
| Khatha, survey 5/7 | - |
| RTC, survey 5-8 | - |
| Mutation, survey 5-8 | - |
| Encumbrance Certificate, survey 5-8 | - |
| Conversion/Alienation Order, survey 5-8 | - |
| JDA, survey 5-8 | - |
| Khatha, survey 5-8 | - |
| RTC, survey 5-9 | - |
| Mutation, survey 5-9 | - |
| Encumbrance Certificate, survey 5-9 | - |
| Conversion/Alienation Order, survey 5-9 | - |
| JDA, survey 5-9 | - |
| Khatha, survey 5-9 | - |
| Registration CertificateFile: Certificate of Incorporation.pdf | - |
| Partnership DeedFile: Partnership Deed LLP.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form-1 CA Certificate.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 CA Certificate.pdf | - |
| Certificate issued by ArchitectFile: Form 2 Vaibhav Upavan Phase 2.pdf | - |
| Balance Sheet 2021 - 2022File: Vyas Vaibhav-Financials-2021-22.pdf | - |
| Balance Sheet 2020 - 2021File: Vyas Vaibhav-Financials 2020-21.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: Vyas Vaibhav-Financials-2021-22.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Vyas Vaibhav-Financials 2020-21.pdf | - |
| Director's Report 2021 - 2022File: Vyas Vaibhav-Financials-2021-22.pdf | - |
| Director's Report 2020 - 2021File: Vyas Vaibhav-Financials 2020-21.pdf | - |
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Builder: VYAS VAIBHAV VENTURES LLP
VYAS VAIBHAV VENTURES LLP has 1 registration on RERA Karnataka, including Vaibhav Upavan Phase 2. 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 Upavan Phase 2 is delayed beyond 31 Dec 2024?
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 Upavan Phase 2?
The registered promoter entity is VYAS VAIBHAV VENTURES LLP, a partnership firm as per the filing. Its LLPIN AAS-6889 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 Upavan Phase 2?
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 Upavan Phase 2?
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 Upavan Phase 2?
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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