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Registration approved Residential/Group Housing project

VDB AZURE

By Value Designbuild Private Limited

RG-KA-71312 · RERA PRM/KA/RERA/1251/446/PR/171021/000069

Source: official RERA Karnataka filing

Red flags

  • 6 complaints at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Dec 2019Possession promisedmoved 12 months from the original
6Complaints at RERA Karnatakaon this registration
Jump to the 66 documents Report an error

VDB AZURE is a Residential/Group Housing project by Value Designbuild Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171021/000069 on 21 Oct 2017. Possession is promised by 30 Dec 2019. The completion date has moved by 12 months from the original filing. 6 complaints are on record with the regulator.

At a glance

Project

  • NameVDB AZURE
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/446/PR/171021/000069
  • ReraGenie IDRG-KA-71312

Builder

  • NameValue Designbuild Private Limited
  • Entity typeCompany
  • CINU07010KA2002PTC030953
  • Authorized SignatoryKoshy Varghese
  • Declared earlier projects2 →

Key dates

this monthRegisteredOct 2017First promiseDec 2018Revised toDec 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on21 Oct 2017
  • Promised completion30 Dec 2019
  • Revised completionRevised to 30 Dec 2019 (originally 31 Dec 2018)
  • Buildings1 building record
  • Documents filed66 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Tower 1---1080108

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 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

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 waterYes-
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 substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsNoNot applicable
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 area7,689 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 55.89 cr

Certifying professionals and partners2

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

RoleName
ArchitectInform Architect
EngineerVision Structural Design Aid

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/220622/000069Dec 2018 → Dec 2019

Reason as filed by the promoterDelay in getting loan

Complaints filed with RERA Karnataka6

Case no.ComplainantRespondentFiled
CMP/190525/0003134-Value Designbuild Private Limited25/05/2019
CMP/191211/0004757-Value Designbuild Private Limited11/12/2019
CMP/191226/0005072-Value Designbuild Private Limited26/12/2019
CMP/220114/0008794-Value Designbuild Private Limited14/01/2022
00788/2023-Value Designbuild Private Limited20/05/2023
00789/2023-Value Designbuild Private Limited20/05/2023

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/171021/000069 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: VDB Registration Certificate.pdf-
Certificate form Architect,Engineer,CA etc.File: Master Schedule for balance work VDB AZURE.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect's Certificate_VDB Azure Completion Status.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer's Certificate_VDB Azure Completion Status.pdf-
CA Certificate for Funds UtilizationFile: CA Fund Utilisation Azure.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect's Certificate_VDB Azure Pending Work.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer's Certificate_VDB Azure Pending Work.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Fund Required Azure.pdf-
AffidavitFile: ReraFormB.pdf-
Latest Encumbrance Certificate-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: VDB BANK STATEMENT.pdf-
Document 2File: VDB AFFIDAVIT NOTARY - RENEWAL.pdf-
Document 3File: VDB AFFIDAVIT NOTARY - SEC 18.pdf-
Document 4File: Layout plan.pdf-
Document 5File: NCLAT ORDER COPY - VDB - JOHN VARGHESE 19-10-2019.pdf-
Document 6File: 05230350001454.pdf-
Document 7File: 0523XXXXXX1454_bb4c28bb_01Nov2019_TO_30Nov2019_093911081.pdf-
Document 8File: 0523XXXXXX1454_bb4c28bb_01jan2010_TO_30jan2020.pdf-
CC-
Layout plan-
Layout plan-
Sale Deed Draft-
Sale Agreement RERA-
Sale Deed-
section-
CDP PICTURE-
Allotment letter-
Broucher-
Consolidated NOC-
Specification-
EC-
Khata VDB Azure-
JDA VDB Azure-
Title Opinion - VDB Azure-
Conversion Order - VDB Azure-
BBMP NOC - VDB Azure-
VDB Azure Relinquish - Deed-
Fire NOC - VDB Azure-
AAI - VDB Azure-
BESCOM - VDB Azure-
BWSSB - VDB Azure-
KSPCB - VDB Azure-
SEIAA - VDB Azure-
BSNL - VDB Azure-
Balance Sheet 2015 - 2016File: Balance Sheet.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet.pdf-
Balance Sheet 2013 - 2014File: Balance sheet.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P & L.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P& L.pdf-
Director's Report 2015 - 2016File: Statement.pdf-
Director's Report 2014 - 2015File: VDB Director's Report 2015.pdf-
Director's Report 2013 - 2014File: Director's Report VDB AY 2014-15.pdf-
Cash Flow Statement 2015 - 2016File: VDB Prov Cashflow 2015-16.pdf-
Cash Flow Statement 2014 - 2015File: Cash flow Statement.pdf-
Auditor's Report 2015 - 2016File: Statement.pdf-
Auditor's Report 2014 - 2015File: Auditors Report.pdf-
Auditor's Report 2013 - 2014File: Auditors Report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Statement.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: VDB ITR FY 2014-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: VDB ITR ACK FY 2013-14.pdf-
Form B-
Prospectus/BrochureFile: Azure - Booklet.pdf-
Advertisement Copy 1File: Azure - Booklet.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_171021_000069_1.xlsx-

Promoter's earlier projects2

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.

2 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
VDB Celadon-Completed-No date filed
VDB Cardinal-Completed-No date filed

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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmVDB AZUREOther 99Dot size: filed unitsN

Filed coordinates, straight-line distance. 99 registered projects within 2 km.

Builder: Value Designbuild Private Limited

Value Designbuild Private Limited has 1 registration on RERA Karnataka, including VDB AZURE. Its filings declare 2 earlier projects, 2 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 VDB AZURE is delayed beyond 30 Dec 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 VDB AZURE?

The registered promoter entity is Value Designbuild Private Limited, a company as per the filing. Its CIN U07010KA2002PTC030953 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 VDB AZURE?

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 VDB AZURE?

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 VDB AZURE?

The professionals named in the filing: Architect: Inform Architect; Engineer: Vision Structural Design Aid. 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 VDB AZURE?

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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