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VAISHNAVI SOVEREIGN
By Vaishnavi Infrastructure and Properties LLP
RG-KA-83481 · RERA PRM/KA/RERA/1251/446/PR/200310/003332 · Last updated on RERA Karnataka portal: 3 Mar 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
Saved.
VAISHNAVI SOVEREIGN is a Commercial project by Vaishnavi Infrastructure and Properties LLP in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/200310/003332 on 10 Mar 2020. Possession is promised by 30 Mar 2024. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NameVAISHNAVI SOVEREIGN
- TypeCommercial
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/446/PR/200310/003332
- ReraGenie IDRG-KA-83481
Builder
- NameVaishnavi Infrastructure and Properties LLP
- Entity typePartnership Firm
- Authorized SignatoryK R Shoban Babu
- OthersB Jaisingh, Bala Subramanya
- Other registrations2 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on10 Mar 2020
- Promised completion30 Mar 2024
- Revised completionRevised to 30 Mar 2024 (originally 30 Jun 2023)
- Buildings1 building record
- Documents filed92 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Vaishnavi Sovereign | - | - | - | 0 | 4 | 4 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 3 Mar 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:
| Activity | Progress |
|---|---|
| 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 work | - |
| 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 3 Mar 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | No | Not applicable |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
Land and ownership2
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 |
|---|---|---|
| A. Nageshwara Reddy | - | - |
| Aishwarya Reddy | - | - |
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Balan and Nambisan Architects |
| Engineer | DINESH BELLAD |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed92
As listed on the registration, under the names the promoter filed them with; the newest 80 of 92 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/200310/003332 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| BWSSB NOC RelatedFile: BWSSB NOC.pdf | 3 Mar 2020 |
| Balance Sheet with UDIN No. 19200963AAAACY1690File: Balance Sheet.pdf | 21 Feb 2020 |
| Profit & Loss Account Statement with UDIN No. 19200963AAAACY1690File: Profit & Loss Statement.pdf | 21 Feb 2020 |
| NOC for BWSSB Applied vide Receipt No. 15555 dtd 23/10/2019File: BWSSB NOC.pdf | 21 Feb 2020 |
| EC from Sep 2018File: EC From Sep 2018.pdf | 21 Feb 2020 |
| Self Attested PAN CopyFile: Self Attested PAN compressed.pdf | 21 Feb 2020 |
| Sanctioned Floor PlansFile: Sanctioned Floor Plans Compressed.pdf | 10 Feb 2020 |
| Elevation & SectionFile: Elevation & Section Compressed.pdf | 10 Feb 2020 |
| Site PlanFile: Site Plan Compressed.pdf | 10 Feb 2020 |
| Bescom NOC Not ApplicableFile: Bescom NA.pdf | 10 Feb 2020 |
| BWSSB NOC Applied and will expect to come at the time of Occupation CertificateFile: BWSSB Fee Receipts.pdf | 10 Feb 2020 |
| 2019 Balance Sheet with CA Membership NumberFile: Balance Sheet.pdf | 10 Feb 2020 |
| 2019 Profit & Loss Account with CA Memebrship NumberFile: Profit & Loss Statement.pdf | 10 Feb 2020 |
| CertificateFile: Certificate of LLP Incorporation I&P.PDF | - |
| Sanction License Copy | - |
| Aproved Building Plan compressed | - |
| Layout Plan NA | - |
| Propforma Agreement to Sell | - |
| Propforma Agreement to Sell | - |
| SaleDeeds Merged | - |
| Section Plan Merged compressed | - |
| Area Plan NA | - |
| Proforma of Allotment Letter | - |
| Brochure NA | - |
| Sovereign Spec | - |
| EC Merged compressed | - |
| Notarised Affidavit | - |
| Affidavit cum Declaration | - |
| khatha certificate and extract | - |
| joint development agreement | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| BWSSB NOC Ack Ltr | - |
| vaishnavi CFE | - |
| 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 NA | - |
| Section Plan Merged compressed | - |
| Conversion Order Compressed | - |
| Unnamed document | - |
| 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 | - |
| Tower Excel SheetFile: Site details.xlsx | - |
| Loan raised documentFile: loanDetails.xlsx | - |
| Stability CertificateFile: STABILITY 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: Renewal Fire Safety Compliance Report.pdf | - |
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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 SOVEREIGN is delayed beyond 30 Mar 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 VAISHNAVI SOVEREIGN?
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 SOVEREIGN?
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 SOVEREIGN?
The professionals named in the filing: Architect: Balan and Nambisan Architects; Engineer: DINESH BELLAD. 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 SOVEREIGN?
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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