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Registration approved Residential/Group Housing project

Venus Gardenia

By Venus Homes

RG-KA-65182 · RERA PRM/KA/RERA/1251/446/PR/180319/000564

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Nov 2016Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

Venus Gardenia is a Residential/Group Housing project by Venus Homes in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180319/000564 on 19 Mar 2018. Possession is promised by 18 Nov 2016.

At a glance

Project

  • NameVenus Gardenia
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180319/000564
  • ReraGenie IDRG-KA-65182

Builder

  • NameVenus Homes
  • Entity typePartnership Firm
  • Authorized SignatoryRaju M Varghese

Key dates

Registered
19 Mar 2018
Promised
18 Nov 2016

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Mar 2018
  • Promised completion18 Nov 2016
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed34 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 area2,648 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 8.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectRamesh.S
EngineerM . Sreekumar

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed34

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/180319/000564 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: REGISTRAT.PDF-
Certificate form Architect,Engineer,CA etc.File: Architec.PDF-
commencement-
drawing-
VG_Sanction Plan_12-02-18-
Standard Sale deed - - 17-02-2018 --
SSStandard agreement of sale17-02-2018-
SALE DEED-
output-
aLLOTMENT-
Venus Homes Brochure_printfileApr2018_A4Size-
pROJECT SPECIFICATION-
latest ec new-
latest old & new katha-
JDV-
Compromise pettition deed-
CONVERSION-
VG_Sanction Plan_12-02-18-
Balance Sheet 2015 - 2016File: bal 2016.PDF-
Balance Sheet 2014 - 2015File: bal 2015.PDF-
Balance Sheet 2013 - 2014File: bal 2014.PDF-
Audited Profit and Loss Statement 2015 - 2016File: 2016 p and l.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2015 p and l.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 2014 p and l.pdf-
Auditor's Report 2015 - 2016File: audit report 2016.PDF-
Auditor's Report 2014 - 2015File: audit report 2015.PDF-
Auditor's Report 2013 - 2014File: audit report 2014.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: returns 2016.PDF-
Income Tax Return Acknowledgement 2014 - 2015File: return 2015.PDF-
Income Tax Return Acknowledgement 2013 - 2014File: returns 2014.PDF-
Occupancy CertificateFile: Occupancy certificate.pdf-
Completion certificateFile: completion certificate.pdf-
Registered Agreement of SaleFile: aggrement of sale.pdf-
Registered conveyance deed for an individual unitFile: sale deed.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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

Builder: Venus Homes

Venus Homes has 1 registration on RERA Karnataka, including Venus Gardenia. 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 Venus Gardenia is delayed beyond 18 Nov 2016?

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 Venus Gardenia?

The registered promoter entity is Venus Homes, 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 Venus Gardenia?

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 Venus Gardenia?

The professionals named in the filing: Architect: Ramesh.S; Engineer: M . Sreekumar. 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 Venus Gardenia?

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; whether construction progress keeps pace with sales in the coming quarters.

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 Venus Gardenia. 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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