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Vertex Vista
RG-KA-30888 · RERA PRM/KA/RERA/1250/304/PR/300522/004935 · Last updated on RERA Karnataka portal: 16 May 2022
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
Vertex Vista is a Plotted Development project by V Krishna Reddy in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/300522/004935 on 30 May 2022. Possession is promised by 1 Dec 2022.
At a glance
Project
- NameVertex Vista
- TypePlotted Development
- Location
- Hosakote
- Bengaluru Rural
- PincodeNot stated
- RERA no.PRM/KA/RERA/1250/304/PR/300522/004935
- ReraGenie IDRG-KA-30888
Builder
- NameV Krishna Reddy
- Entity typeOther ( Individual )
- Authorized SignatoryV Krishna Reddy
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on30 May 2022
- Promised completion1 Dec 2022
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed69 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| V Krishna reddy | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for construction | Rs 60.00 lakh | - |
| Estimated Cost of Construction as certified by Engineer | Rs 50.00 lakh | - |
| On-site expenditure-Salaries of workers | Rs 30.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 10.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 5.00 lakh | - |
| On-site expenditure-Site Overhead | Rs 1.00 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Venkatesh Babu |
| Chartered Accountant | CA N Venataramana |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed69
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/1250/304/PR/300522/004935 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Agreement of SaleFile: AOS vetri.pdf | 16 May 2022 |
| AGREEMENT TO SELLFile: AGREEMENT TO SELL.pdf | 2 Mar 2022 |
| Approved Layout PlanFile: Approved Layout Plan.pdf | 2 Mar 2022 |
| Income Tax certificateFile: Income Tax certificate.pdf | 2 Mar 2022 |
| Profit and LossFile: Profit and Loss.pdf | 2 Mar 2022 |
| Proforma Sale DeedFile: Proforma Sale Deed.pdf | 2 Mar 2022 |
| Water NOC AttestedFile: Water NOC Attested.pdf | 2 Mar 2022 |
| AFFIDAVIT non LitigationFile: AFFIDAVIT non Litigation.pdf | 16 Feb 2022 |
| AffidavitFile: Affidavit.pdf | 16 Feb 2022 |
| Form BFile: Form B.pdf | 16 Feb 2022 |
| Project SpecificationFile: Project Specification.pdf | 16 Feb 2022 |
| SOAK PIT DEMARCATIONFile: SOAk PIT DEMARCATION.pdf | 16 Feb 2022 |
| RTC, survey 170 | - |
| Mutation, survey 170 | - |
| Encumbrance Certificate, survey 170 | - |
| Conversion/Alienation Order, survey 170 | - |
| Sale/Title/Gift Deed, survey 170 | - |
| JDA, survey 170 | - |
| Khatha, survey 170 | - |
| Certificate issued by CA Form 1File: CA REG.pdf | - |
| Certificate issued by Engineer Form 3File: ARCH & ENGG DETAILS (2).pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: 3 affidavit.pdf | - |
| Certificate from Chartered AccountFile: CA REG.pdf | - |
| Certificate issued by ArchitectFile: ARCH & ENGG DETAILS (2).pdf | - |
| Balance Sheet 2020 - 2021File: ITR 2019.pdf | - |
| Balance Sheet 2019 - 2020File: ITR 2018.pdf | - |
| Balance Sheet 2018 - 2019File: ITR 2017.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR 2019.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 2018.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR 2019.pdf | - |
| technical sanction letter | - |
| bescom noc | - |
| water noc | - |
| Approved plan | - |
| Approved plan | - |
| Approved plan | - |
| deed of family partision | - |
| coversion order | - |
| guidelines value | - |
| coversion order | - |
| gpa | - |
| himbaraha | - |
| FORM B | - |
| 3 affidavit | - |
| JDA AFFIDAVIT | - |
| bescom noc | - |
| water noc | - |
| himbaraha | - |
| coversion order | - |
| relinquishment deed | - |
| Prospectus/BrochureFile: VERTEX VISTA-PDF.pdf | - |
| Advertisement Copy 1File: VERTEX VISTA-PDF.pdf | - |
| Plot Excel SheetFile: Vertex Vista.xlsx | - |
| Final plan technical sanction LetterFile: 100% Release Order.pdf | - |
| Final layout plan sanctionedFile: Final Layout Plan.pdf | - |
| Completion CertificateFile: Completion Certificate.pdf | - |
| Site release order Copies(1st,2nd phase and final release order)File: 100% Release Order.pdf | - |
| Relinquishment deed executed handed over detailsFile: Relinquishment Deed (3).pdf | - |
| Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: Civil Works Completion.pdf | - |
| Certificate issued by the Karnataka Urban Water supplyFile: KUWSB Noc.jpeg | - |
| Certificate issued by the concerned power supply(ESCOM'S)File: BESCOM Noc.jpeg | - |
| Brief description of Water supply and Underground drainage worksFile: Civil Works Completion.pdf | - |
| Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: BESCOM Noc.jpeg | - |
| Chartered Accountant Certificate (Form-4)File: Form 4 CA CC.pdf | - |
| Architect's Certificate (Form-5)File: Form 5 Achitect CC.pdf | - |
| Engineer's Certificate (Form-6)File: Form 6 Engineer CC.pdf | - |
| Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Completion Affidavit.pdf | - |
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Builder: V Krishna Reddy
V Krishna Reddy has 1 registration on RERA Karnataka, including Vertex Vista. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if Vertex Vista is delayed beyond 1 Dec 2022?
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 Vertex Vista?
The registered promoter entity is V Krishna Reddy, an other ( individual ) 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 Vertex Vista?
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 Vertex Vista?
The professionals named in the filing: Engineer: Venkatesh Babu; Chartered Accountant: CA N Venataramana. 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 Vertex Vista?
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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