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Registration approved Plotted Development project

Vakil Metropolis Phase-1

By Vakil Housing Development Corporation Pvt. Ltd.

RG-KA-05655 · RERA PRM/KA/RERA/1251/308/PR/200117/003157 · Last updated on RERA Karnataka portal: 23 Dec 2019

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka
  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2021Possession promisedmoved 9 months from the original
1Complaints at RERA Karnatakaon this registration
Jump to the 44 documents Report an error

Vakil Metropolis Phase-1 is a Plotted Development project by Vakil Housing Development Corporation Pvt. Ltd. in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/200117/003157 on 17 Jan 2020. Possession is promised by 30 Sep 2021. The completion date has moved by 9 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameVakil Metropolis Phase-1
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/308/PR/200117/003157
  • ReraGenie IDRG-KA-05655

Builder

  • NameVakil Housing Development Corporation Pvt. Ltd.
  • Entity typeCompany
  • CINU45202KA2002PTC031093
  • Authorized SignatoryMohsin Ali Vakil
  • OthersNarayan I Huggi

Key dates

this monthRegisteredJan 2020First promiseDec 2020Revised toSep 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Jan 2020
  • Promised completion30 Sep 2021
  • Revised completionRevised to 30 Sep 2021 (originally 31 Dec 2020)
  • BuildingsNot stated in filing
  • Documents filed44 files

The full filing

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

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 area109,264 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 20.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectSidda Raj Rawal
EngineerR. Syed Khader

Extensions applied for1

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

ExtensionDec 2020 → Sep 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
00480/2024-Vakil Housing Development Corporation Pvt. Ltd.24/05/2024

Documents filed44

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/1251/308/PR/200117/003157 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
BMRDA RESIDENTIAL LAYOUT SANCTION PLANFile: VMP Plan sanction.pdf23 Dec 2019
Legible copy of plan sanctionFile: VMP Plan sanction.pdf21 Dec 2019
CertificateFile: VHDC CoI (2).pdf-
VMP Sanction and Release1-
VMP Plan-
VMP Plan-
Sale Deed-VMP-RERA 20180407-
VMP-Agreement of Sale RERA- 20180407-
VMP Saledeed & RTC-
VMP Plan-
VMP Plan-
VHDC VMP Booking Form-
VMP Broucher-
VMP Specifications or Amenities-
VMP ECs-Merged-
VMP E-Khatha-
N A-
VMP Conversion Order-
VMP Relinquishment Deed-
VMP Water NOC-
VMP KSPCB NOC-
VMP Plan-
VMP Plan-
VMP Conversion Order-
VMP Advocate Opinion-
Balance Sheet 2016 - 2017File: VHDC 2017 Balance Sheet.pdf-
Balance Sheet 2015 - 2016File: VHDC 2016 Balance Sheet.pdf-
Balance Sheet 2014 - 2015File: VHDC 2015 Profit & Loss Statement.pdf-
Audited Profit and Loss Statement 2016 - 2017File: VHDC 2017 P&L Statement.pdf-
Audited Profit and Loss Statement 2015 - 2016File: VHDC 2016 Profit & Loss Statement.pdf-
Audited Profit and Loss Statement 2014 - 2015File: VHDC 2015 Profit & Loss Statement.pdf-
Director's Report 2016 - 2017File: VHDC 2017 Directors Report.pdf-
Director's Report 2015 - 2016File: VHDC 2016 Directors Report.pdf-
Director's Report 2014 - 2015File: VHDC 2015 Directors Report.pdf-
Cash Flow Statement 2016 - 2017File: VHDC 2017 Cash Flow Statement.pdf-
Cash Flow Statement 2015 - 2016File: VHDC 2016 Cash Flow Statement.pdf-
Auditor's Report 2016 - 2017File: VHDC 2017 Audi Report.pdf-
Auditor's Report 2015 - 2016File: VHDC 2016 Auditor Report.pdf-
Auditor's Report 2014 - 2015File: VHDC 2015 Audit Report.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: VHDC ITRV 2017.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: VHDC ITRV 2016.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: VHDC ITRV 2015.pdf-
FORM-B Affidavit Cum Declaration-
Plot Excel SheetFile: PRM_KA_RERA_1251_308_PR_200117_003157.xlsx-

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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Builder: Vakil Housing Development Corporation Pvt. Ltd.

Vakil Housing Development Corporation Pvt. Ltd. has 1 registration on RERA Karnataka, including Vakil Metropolis Phase-1. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Vakil Metropolis Phase-1 is delayed beyond 30 Sep 2021?

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 Vakil Metropolis Phase-1?

The registered promoter entity is Vakil Housing Development Corporation Pvt. Ltd., a company as per the filing. Its CIN U45202KA2002PTC031093 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 Vakil Metropolis Phase-1?

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.

How do I read the complaint cases filed against Vakil Metropolis Phase-1?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at Vakil Metropolis Phase-1?

The professionals named in the filing: Architect: Sidda Raj Rawal; Engineer: R. Syed Khader. 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 Vakil Metropolis Phase-1?

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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About Vakil Metropolis Phase-1. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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