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Registration approved Commercial project

Vaishnavi Tech Park

By Vaishnavi Infrastructure Pvt Ltd

RG-KA-32612 · RERA PRM/KA/RERA/1251/446/PR/190913/002853

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
May 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 66 documents Report an error

Vaishnavi Tech Park is a Commercial project by Vaishnavi Infrastructure Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/190913/002853 on 13 Sep 2019. Possession is promised by 18 May 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameVaishnavi Tech Park
  • 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/190913/002853
  • ReraGenie IDRG-KA-32612

Builder

  • NameVaishnavi Infrastructure Pvt Ltd
  • Entity typeCompany
  • CINU70102KA2006PTC040918
  • Authorized SignatoryKR Shobhan Babu
  • OthersJai Singh. B, KJ Sheshadri
  • Other registrations2 more →
  • Declared earlier projects4 →

Key dates

this monthRegisteredSep 2019First promiseAug 2022Revised toMay 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on13 Sep 2019
  • Promised completion18 May 2023
  • Revised completionRevised to 18 May 2023 (originally 18 Aug 2022)
  • Buildings2 building records
  • Documents filed66 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
South Tower---01111
North Tower---099

The full filing

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

Construction progress by building1

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 BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etcNot applicable
Plastering inside , outside & CeilingNot applicable
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

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 disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationNoNot applicable
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymYes-
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionYes-
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 energyYes-

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area22,763 sq m
Named landownersNone

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 226.76 cr

Certifying professionals and partners2

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

RoleName
ArchitectM/s Peddle Thorp Nadig Architect
EngineerKATERRA INDIA PRIVATE LTD (Formerly known as KEF Infrastructure Pvt Ltd)

Extensions applied for1

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

ExtensionAug 2022 → May 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed66

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/1251/446/PR/190913/002853 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Certificate of Incorporation VIPL.pdf-
License Copy & Condition-
01 Site Plan_compressed-
All Buidling Plan_compressed-
Agreement for SALE-
Agreement for SALE-
Sale Deeds & RTC-
10 Section & Elevation_compressed-
DP PLAN_compressed-
Proforma of Allotment-
Brouchure NA-
Tech Park Project Specification-
All EC Merged-
Notarised Affidavit 3(1) on Stamp compressed-
Joint Affidavit cum Declaration compressed-
New Ambalipura Katha Certificate Extract 5A 25G (2)-
JDA & GPA-
Flow of Rights & Sale Deeds with Partition Deed-
DC conversion1_compressed-
Relinqusement Deed-
FIRE NOC-
AIRPORT NOC-
BESCOM NOC-
BWSSB NOC-
KSPCB NOC-
SEIAA NOC-
BSNL NOC-
01 Site Plan_compressed-
10 Section & Elevation_compressed-
DC conversion1_compressed-
Balance Sheet 2017 - 2018File: Balance Sheet.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet 2015-16.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P & L.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L 2015-16.pdf-
Director's Report 2017 - 2018File: Director Report 2017-18 compressed.pdf-
Director's Report 2016 - 2017File: Director Report 2016-17 compressed.pdf-
Director's Report 2015 - 2016File: Directors Report 15-16-compressed.pdf-
Cash Flow Statement 2017 - 2018File: Cash Flow Statement.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement.pdf-
Auditor's Report 2017 - 2018File: Auditors Report compressed.pdf-
Auditor's Report 2016 - 2017File: Auditor Report.pdf-
Auditor's Report 2015 - 2016File: Auditors Report 2015-16.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR - VIPL - Assmnt year 2016-17.pdf-
Form B_compressed-
Prospectus/BrochureFile: Brouchure NA.pdf-
Advertisement Copy 1File: Adv NA.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_190913_002853.xlsx-
Loan raised documentFile: Loan closure docs.pdf-
Stability CertificateFile: Stability certificate.pdf-
Road cutting permission letter issued by the planning Authority for laying Water supply line, sanitary line, UFile: Electrical Transformer erection.pdf-
NOC issued by the Fire Force department after completion of workFile: Fire Clearance certificate.pdf-
Occupancy CertificateFile: Occupancy certificate.pdf-
Consent for operation issued by KSPCBFile: KSPBC - CFO certificate.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Electrical Transformer erection.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: BESCOM commisioning.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: BWSSB NOC.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: External Infrastructure declaration.pdf-
Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: NA Blank.pdf-
Details of undivided share of land handed over to the association of allotteesFile: NA Blank.pdf-
Architect certificate for having completed the work(in format no 5)File: Arcg.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: CA CC.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Completion Declaration Affidavit_Tech Park.pdf-

Promoter's earlier projects3

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

3 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Vaishnavi Oasis-OngoingApr 2020Not delivered
Vaishnavi ARS Gardenia-OngoingDec 2019Not delivered
Vaishnavi Signature-OngoingJun 2019Not delivered

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 Tech ParkOther 21Dot size: filed unitsN

Filed coordinates, straight-line distance. 21 registered projects within 2 km.

Builder: Vaishnavi Infrastructure Pvt Ltd

Vaishnavi Infrastructure Pvt Ltd has 3 registrations on RERA Karnataka, including Vaishnavi Tech Square and VAISHNAVI SENATE. Its filings declare 4 earlier projects, 1 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Vaishnavi Tech Park is delayed beyond 18 May 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 Vaishnavi Tech Park?

The registered promoter entity is Vaishnavi Infrastructure Pvt Ltd, a company as per the filing. Its CIN U70102KA2006PTC040918 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 Vaishnavi Tech Park?

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 Tech Park?

The professionals named in the filing: Architect: M/s Peddle Thorp Nadig Architect; Engineer: KATERRA INDIA PRIVATE LTD (Formerly known as KEF Infrastructure Pvt Ltd). 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 Tech Park?

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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