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Registration approved Residential/Group Housing project

VESTAA LUSHES

By Vestaa

RG-KA-19952 · RERA PRM/KA/RERA/1251/308/PR/180119/001034

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
Mar 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 32 documents Report an error

VESTAA LUSHES is a Residential/Group Housing project by Vestaa in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/180119/001034 on 19 Jan 2018. Possession is promised by 16 Mar 2018.

At a glance

Project

  • NameVESTAA LUSHES
  • TypeResidential/Group Housing
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/180119/001034
  • ReraGenie IDRG-KA-19952

Builder

  • NameVestaa
  • Entity typePartnership Firm
  • Authorized SignatoryAshok Shankar
  • DirectorPavan P G

Key dates

this monthRegisteredJan 2018PromisedMar 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Jan 2018
  • Promised completion16 Mar 2018
  • Revised completionNone
  • Buildings1 building record
  • Documents filed32 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Lushes---72072

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 area2,580 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 10.00 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed32

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/180119/001034 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Registration Certificate.pdf-
VL CC-
BMRDA Plan 1-
BMRDA Plan 2-
Draft Sale Deed -
DRAFT AGREEMENT OF SALE-
GPA-2-
BMRDA Plan 2-
Village map Gopsandra-
booking_form_vestaa_v2_form-1-
brochure_vestaalushes_v5a-4-3-
pcb noc-
SPECIFICATIONS-
EC-
E Katha-
JDA-
Conversion and sketch-
Balance Sheet 2015 - 2016File: 16 Balance sheet.pdf-
Balance Sheet 2014 - 2015File: 15 Balance sheet.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 16 Profit Loss.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Profit loss 15.pdf-
Director's Report 2015 - 2016File: Director Report.pdf-
Director's Report 2014 - 2015File: Director Report.pdf-
Director's Report 2013 - 2014File: Director Report.pdf-
Cash Flow Statement 2015 - 2016File: cash flow 16.pdf-
Cash Flow Statement 2014 - 2015File: Cash Flow 15.pdf-
Auditor's Report 2015 - 2016File: AUDIT CERTIFICATE.pdf-
Auditor's Report 2014 - 2015File: AUDIT CERTIFICATE.pdf-
Auditor's Report 2013 - 2014File: AUDIT CERTIFICATE.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 16 ITR.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 15 ITR.pdf-
form b-

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: Vestaa

Vestaa has 1 registration on RERA Karnataka, including VESTAA LUSHES. 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 VESTAA LUSHES is delayed beyond 16 Mar 2018?

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 VESTAA LUSHES?

The registered promoter entity is Vestaa, 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 VESTAA LUSHES?

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 VESTAA LUSHES?

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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