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Registration approved No litigation declared Plotted Development project

VIJAYASHREE ENCLAVE PHASE 2

By M V Karthik

RG-KA-50988 · RERA PRM/KA/RERA/1251/310/PR/221221/004600 · Last updated on RERA Karnataka portal: 19 Dec 2021

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
Dec 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 111 documents Report an error

VIJAYASHREE ENCLAVE PHASE 2 is a Plotted Development project by M V Karthik in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/221221/004600 on 22 Dec 2021. Possession is promised by 31 Dec 2022.

At a glance

Project

  • NameVIJAYASHREE ENCLAVE PHASE 2
  • TypePlotted Development
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/221221/004600
  • ReraGenie IDRG-KA-50988

Builder

  • NameM V Karthik
  • Entity typeProprietorship Firm
  • GSTIN29BVWPK1171N2ZP
  • Authorized SignatoryM V Karthik
  • Other registrations1 more →

Key dates

this monthRegisteredDec 2021PromisedDec 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on22 Dec 2021
  • Promised completion31 Dec 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed111 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership9

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners9
LandownerVillageDistrict
Karthik M V--
Karthik M V--
Karthik M V--
Karthik M V--
Karthik M V--
Karthik M V--
Karthik M V--
Karthik M V--
Karthik M V--

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 11.38 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 11.38 cr-

Certifying professionals and partners2

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

RoleName
EngineerVishnu Kumar
Chartered AccountantMahaveer Jain

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed111

As listed on the registration, under the names the promoter filed them with; the newest 80 of 111 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/310/PR/221221/004600 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Title Deeds for all survey numbersFile: 1All Title Deeds_c.pdf19 Dec 2021
Rectification of Start DateFile: 2 Rectification of start date.pdf19 Dec 2021
Draft Provisional Plan by BDA dt 14-09-2021File: 3 Draft Provisional Plan by BDA dt 14 09 2021 for the purpose of Relinguishment Deed.pdf19 Dec 2021
Work Order 6-12-2021File: 4 Work Order 06 12 2021.pdf19 Dec 2021
Approved Plan 6-12-2021File: 5 BDA Layout Approval Plan 06 12 2021.pdf19 Dec 2021
BESCOM NOCFile: 6 NOC BESCOM.pdf19 Dec 2021
STP DrawingsFile: 8 STP Drawings.pdf19 Dec 2021
Proforma Agreement of SaleFile: 9 Agreement of Sale Proforma.pdf19 Dec 2021
Proforma Sale DeedFile: 10 Sale Deed Proforma.pdf19 Dec 2021
Sold & un-sold unit detailsFile: 11 Sold and Unsold unit Details.pdf19 Dec 2021
RTC, survey 117/2-
Mutation, survey 117/2-
Encumbrance Certificate, survey 117/2-
Conversion/Alienation Order, survey 117/2-
Sale/Title/Gift Deed, survey 117/2-
Khatha, survey 117/2-
RTC, survey 117/3-
Mutation, survey 117/3-
Encumbrance Certificate, survey 117/3-
Conversion/Alienation Order, survey 117/3-
Sale/Title/Gift Deed, survey 117/3-
Khatha, survey 117/3-
RTC, survey 117/3-
Mutation, survey 117/3-
Encumbrance Certificate, survey 117/3-
Conversion/Alienation Order, survey 117/3-
Sale/Title/Gift Deed, survey 117/3-
Khatha, survey 117/3-
RTC, survey 117/5-
Mutation, survey 117/5-
Encumbrance Certificate, survey 117/5-
Conversion/Alienation Order, survey 117/5-
Sale/Title/Gift Deed, survey 117/5-
Khatha, survey 117/5-
RTC, survey 117/6-
Mutation, survey 117/6-
Encumbrance Certificate, survey 117/6-
Conversion/Alienation Order, survey 117/6-
Sale/Title/Gift Deed, survey 117/6-
Khatha, survey 117/6-
RTC, survey 117/8-
Mutation, survey 117/8-
Encumbrance Certificate, survey 117/8-
Conversion/Alienation Order, survey 117/8-
Sale/Title/Gift Deed, survey 117/8-
Khatha, survey 117/8-
RTC, survey 117/11-
Mutation, survey 117/11-
Encumbrance Certificate, survey 117/11-
Conversion/Alienation Order, survey 117/11-
Sale/Title/Gift Deed, survey 117/11-
Khatha, survey 117/11-
RTC, survey 117/12-
Mutation, survey 117/12-
Encumbrance Certificate, survey 117/12-
Conversion/Alienation Order, survey 117/12-
Sale/Title/Gift Deed, survey 117/12-
Khatha, survey 117/12-
RTC, survey 117/7-
Mutation, survey 117/7-
Encumbrance Certificate, survey 117/7-
Conversion/Alienation Order, survey 117/7-
Sale/Title/Gift Deed, survey 117/7-
Khatha, survey 117/7-
Registration CertificateFile: Incorporation Certificate.pdf-
Certificate issued by CA Form 1File: Form-1 Chartered Accountant Certificate.pdf-
Certificate issued by Engineer Form 3File: Form-3 Civil Engineer Certificate.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non-Litigation Affidavit.pdf-
Certificate from Chartered AccountFile: Form-1 Chartered Accountant Certificate.pdf-
Certificate issued by ArchitectFile: Form-2 Architect Certificate.pdf-
Balance Sheet 2020 - 2021File: Balance sheet 2019-20.pdf-
Balance Sheet 2019 - 2020File: Balance Sheet 2018-19.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 2017-18.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Profit and Loss 2019-20.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit and Loss 2018-19.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit and Loss 2017-18.pdf-
Auditor's Report 2020 - 2021File: Audit report 2019-20.pdf-
Auditor's Report 2019 - 2020File: Audit Report 2018-19.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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Builder: M V Karthik

M V KARTHIK has 2 registrations on RERA Karnataka, including VIJAYASHREE ENCLAVE 3 and VIJAYASHREE ENCLAVE PHASE 2. 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 VIJAYASHREE ENCLAVE PHASE 2 is delayed beyond 31 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 VIJAYASHREE ENCLAVE PHASE 2?

The registered promoter entity is M V Karthik, a proprietorship firm as per the filing. Its GSTIN 29BVWPK1171N2ZP 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 VIJAYASHREE ENCLAVE PHASE 2?

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 VIJAYASHREE ENCLAVE PHASE 2?

The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: Mahaveer Jain. 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 VIJAYASHREE ENCLAVE PHASE 2?

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 VIJAYASHREE ENCLAVE PHASE 2. 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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