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Registration approved Residential/Group Housing project

VAISHNAVI RHAPSODY

By Vaishnavi Infrastructure and Properties LLP

RG-KA-93647 · RERA PRM/KA/RERA/1251/309/PR/200604/003444 · Last updated on RERA Karnataka portal: 11 May 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Aug 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 87 documents Report an error

VAISHNAVI RHAPSODY is a Residential/Group Housing project by Vaishnavi Infrastructure and Properties LLP in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/200604/003444 on 4 Jun 2020. Possession is promised by 5 Aug 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameVAISHNAVI RHAPSODY
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/309/PR/200604/003444
  • ReraGenie IDRG-KA-93647

Builder

  • NameVaishnavi Infrastructure and Properties LLP
  • Entity typePartnership Firm
  • Authorized SignatoryK R Shoban Babu
  • OthersBala Subramany, B Jaisingh
  • Other registrations2 more →

Key dates

this monthRegisteredJun 2020First promiseNov 2021Revised toAug 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Jun 2020
  • Promised completion5 Aug 2022
  • Revised completionRevised to 5 Aug 2022 (originally 5 Nov 2021)
  • Buildings1 building record
  • Documents filed87 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Vaishnavi Rhapsody---707

The full filing

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

Construction progress by building1

As on 11 May 2020, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 11 May 2020, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolYes-
GymNoNot applicable
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyNoNot applicable

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 area704 sq m
Named landowners1
LandownerVillageDistrict
Surajit Viswanath--

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 8.15 cr

Certifying professionals and partners2

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

RoleName
ArchitectBalan and Nambisan Architects
EngineerSMARTMINDS ENGINEERING PRIVATE LIMITED

Extensions applied for1

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

ExtensionNov 2021 → Aug 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed87

As listed on the registration, under the names the promoter filed them with; the newest 80 of 87 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/200604/003444 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Audited Balance Sheet for the Year 2018-19File: Balance Sheet.pdf11 May 2020
Audited P&L Account Statement for the Year 2018-19File: Profit & Loss Statement.pdf11 May 2020
PANFile: Self Attested PAN.pdf11 May 2020
Firm Registration CertificateFile: Certificate of LLP Incorporation.PDF13 Mar 2020
Previous Project Details (Vaishnavi Sovereign)File: RERA CERTIFICATTE PRMKARERA1251446PR200310003332.pdf13 Mar 2020
Audited Balance Sheet & P & L 2016-17 Not Applicable as Firm is formed on May 2018 onlyFile: NA 2017.pdf13 Mar 2020
Audited Balance Sheet & P & L 2017-18 Not Applicable as Firm is formed on May 2018 onlyFile: NA 2018.pdf13 Mar 2020
E C from 02-12-2019 to till date in form number 15File: EC Latest from Dec 2019 to Mar2020.pdf13 Mar 2020
Commencement Certificate-
Approved Building Plan-
Layout Plan NA-
Proforma of Sale Deed-
Proforma of Agreement to Sell-
Gift Deed & GPA Merged-
Section Plan-
Area Plan NA-
Allottment Letter-
Brochure NA-
Specification-
EC Merged-
Notarised Affidavit 3(1)-
Joint Affidavit Cum Declaration-
Khatha Certiicate and Extract-
Milton Street - JDA-
Milton Street GPA-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
NOC NA-
NOC NA-
NOC NA-
NOC NA-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Sanctioned Floor Plans-
Layout Plan NA-
Section Plan-
Change of Land Use NA-
Legal opinion compressed-
Balance Sheet 2018 - 2019File: Balance Sheet.pdf-
Balance Sheet 2017 - 2018File: NA 2018.pdf-
Balance Sheet 2016 - 2017File: NA 2017.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit & Loss Statement.pdf-
Audited Profit and Loss Statement 2017 - 2018File: NA 2018.pdf-
Audited Profit and Loss Statement 2016 - 2017File: NA 2017.pdf-
Director's Report 2018 - 2019File: NA Director Report.pdf-
Director's Report 2017 - 2018File: NA 2018.pdf-
Director's Report 2016 - 2017File: NA 2017.pdf-
Cash Flow Statement 2018 - 2019File: NA Cash Flow.pdf-
Cash Flow Statement 2017 - 2018File: NA 2018.pdf-
Auditor's Report 2018 - 2019File: Independent Audit Report.pdf-
Auditor's Report 2017 - 2018File: NA 2018.pdf-
Auditor's Report 2016 - 2017File: NA 2017.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2018-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: NA 2018.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: NA 2017.pdf-
Form B-
Prospectus/BrochureFile: NA Blank.pdf-
Advertisement Copy 1File: NA Blank.pdf-
Tower Excel SheetFile: eXCEL rHAPSODY.xlsx-
Loan raised documentFile: DISCHARGE DEED canara bank.pdf-
Stability CertificateFile: Structural certificate.pdf-
Road cutting permission letter issued by the planning Authority for laying Water supply line, sanitary line, UFile: NA Blank.pdf-
NOC issued by the Fire Force department after completion of workFile: NA Blank.pdf-
Occupancy CertificateFile: Raphsody_Occupancy Certificate.pdf-
Consent for operation issued by KSPCBFile: NA Blank.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Lift.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: BESCOM sanction.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmVAISHNAVI RHAPSODYOther 10Dot size: filed unitsN

Filed coordinates, straight-line distance. 10 registered projects within 2 km.

Builder: Vaishnavi Infrastructure and Properties LLP

Vaishnavi Infrastructure and Properties LLP has 3 registrations on RERA Karnataka, including VAISHNAVI RHAPSODY and VAISHNAVI SOVEREIGN. Its filings disclose no earlier RERA Karnataka projects. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if VAISHNAVI RHAPSODY is delayed beyond 5 Aug 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 VAISHNAVI RHAPSODY?

The registered promoter entity is Vaishnavi Infrastructure and Properties 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 VAISHNAVI RHAPSODY?

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 VAISHNAVI RHAPSODY?

The professionals named in the filing: Architect: Balan and Nambisan Architects; Engineer: SMARTMINDS ENGINEERING PRIVATE LIMITED. 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 VAISHNAVI RHAPSODY?

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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