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Registration approved Residential/Group Housing project

VASUDHA SPRINGS

By VASUDHA BUILDERS

RG-KA-71456 · RERA PRM/KA/RERA/1251/446/PR/171026/000866

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jul 2019Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 45 documents Report an error

VASUDHA SPRINGS is a Residential/Group Housing project by VASUDHA BUILDERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171026/000866 on 26 Oct 2017. Possession is promised by 31 Jul 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameVASUDHA SPRINGS
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/171026/000866
  • ReraGenie IDRG-KA-71456

Builder

  • NameVASUDHA BUILDERS
  • Entity typePartnership Firm
  • Authorized SignatoryT.K.VenkataPathy

Key dates

this monthRegisteredOct 2017First promiseJul 2018Revised toJul 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 Oct 2017
  • Promised completion31 Jul 2019
  • Revised completionRevised to 31 Jul 2019 (originally 31 Jul 2018)
  • BuildingsNot stated in filing
  • Documents filed45 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 area3,238 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 28.00 cr

Extensions applied for1

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

EX/PRM/KA/RERA/1251/446/PR/220613/000866Jul 2018 → Jul 2019

Reason as filed by the promoterAwaiting OC

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed45

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/171026/000866 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: FIRM REGISTRATION.jpg-
Architect Certificate for Work Completion Schedule till DateFile: Arch_Extn.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engg_certificates.pdf-
CA Certificate for Funds UtilizationFile: CA_utilization.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Arch_Extn.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engg_certificates.pdf-
CA Certificate for Funds required for Project CompletionFile: CA_extn.pdf-
AffidavitFile: FormB.pdf-
Latest Encumbrance CertificateFile: EC.pdf-
Details Of Sold/ Un-sold UnitsFile: Vasudha Rera Details.xlsx-
BDACC-
IMG_20171022_220555715-
IMG_20171022_220555715-
BDAAPPROVED LET3-
BDACC-
SaleDeed-
IMG_20171022_223344903-
IMG_20171022_220555715-
sd8-
FIRM REGISTRATION-
BDANOC-
Ekatha-
EC-
Katha-
RTC-
Conversion-
NOCP-
Balance Sheet 2015 - 2016File: vasudha 16-17.pdf-
Balance Sheet 2014 - 2015File: Vasudha14-15.pdf-
Balance Sheet 2013 - 2014File: VASUDHA BUILDERS2015-2016.pdf-
Audited Profit and Loss Statement 2015 - 2016File: vasudha 16-17.pdf-
Audited Profit and Loss Statement 2014 - 2015File: VASUDHA BUILDERS2015-2016.pdf-
Audited Profit and Loss Statement 2013 - 2014File: VASUDHA BUILDERS2015-2016.pdf-
Director's Report 2015 - 2016File: vasudha 16-17.pdf-
Director's Report 2014 - 2015File: vasudha 16-17.pdf-
Director's Report 2013 - 2014File: VASUDHA BUILDERS2015-2016.pdf-
Cash Flow Statement 2015 - 2016File: VASUDHA BUILDERS2015-2016.pdf-
Cash Flow Statement 2014 - 2015File: VASUDHA BUILDERS2015-2016.pdf-
Auditor's Report 2015 - 2016File: AuditorReport.pdf-
Auditor's Report 2014 - 2015File: VASUDHA BUILDERS2015-2016.pdf-
Auditor's Report 2013 - 2014File: VASUDHA BUILDERS2015-2016.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Vasudha14-15.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: VASUDHA BUILDERS2015-2016.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: vasudha 16-17.pdf-
BDANOC2-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 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: VASUDHA BUILDERS

VASUDHA BUILDERS has 1 registration on RERA Karnataka, including VASUDHA SPRINGS. 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 VASUDHA SPRINGS is delayed beyond 31 Jul 2019?

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 VASUDHA SPRINGS?

The registered promoter entity is VASUDHA BUILDERS, 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 VASUDHA SPRINGS?

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.

What should I check before booking in VASUDHA SPRINGS?

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 VASUDHA SPRINGS. 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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