Home / Browse projects / Chikkaballapura, Karnataka / VM INNOVATIVE TOWNSHIP
VM INNOVATIVE TOWNSHIP
By VM VENTURES
RG-KA-48120 · RERA PRM/KA/RERA/1254/463/PR/040524/006866 · Last updated on RERA Karnataka portal: 14 Oct 2026
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.
VM INNOVATIVE TOWNSHIP is a Plotted Development project by VM VENTURES in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/463/PR/040524/006866 on 4 May 2024. Possession is promised by 31 Dec 2027.
At a glance
Project
- NameVM INNOVATIVE TOWNSHIP
- TypePlotted Development
- Location
- Gauribidanur
- Chikkaballapura
- PincodeNot stated
- RERA no.PRM/KA/RERA/1254/463/PR/040524/006866
- ReraGenie IDRG-KA-48120
Builder
- NameVM VENTURES
- Entity typePartnership Firm
- GSTIN29AAXFV3837H1ZB
- Authorized SignatoryVENKATACHALAPATHY.B.V
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on4 May 2024
- Promised completion31 Dec 2027
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed139 files
Current status
Figures as on 14 Oct 2026, this project's latest RERA Karnataka filing.
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership29
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 |
|---|---|---|
| K.S.SHREYAS | - | - |
| REETHU.KJ | - | - |
| NEELA DILIP MEHTA | - | - |
| PRATIK DILIP MEHTA | - | - |
| K.S.SHREYAS | - | - |
| NEELA DILIP MEHTA | - | - |
| PRATIK DILIP MEHTA | - | - |
| REETHU.KJ | - | - |
| PRATIK DILIP MEHTA | - | - |
| K.S.SHREYAS | - | - |
| REETHU.KJ | - | - |
| NEELA DILIP MEHTA | - | - |
| NEELA DILIP MEHTA | - | - |
| K.S.SHREYAS | - | - |
| REETHU.KJ | - | - |
| PRATIK DILIP MEHTA | - | - |
| NEELA DILIP MEHTA | - | - |
| PRATIK DILIP MEHTA | - | - |
| REETHU.KJ | - | - |
| K.S.SHREYAS | - | - |
| PRATIK DILIP MEHTA | - | - |
| K.S.SHREYAS | - | - |
| K.S.SHREYAS | - | - |
| K.S.SHREYAS | - | - |
| PRATIK DILIP MEHTA | - | - |
| K.S.SHREYAS | - | - |
| NEELA DILIP MEHTA | - | - |
| REETHU.KJ | - | - |
| REETHU.KJ | - | - |
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 |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 7.86 cr | Rs 7.18 cr |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Mohammed Moyunddin |
| Chartered Accountant | Venkataramana P |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed139
As listed on the registration, under the names the promoter filed them with; the newest 80 of 139 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1254/463/PR/040524/006866 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form-4 2026-27.pdf | 14 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form-06 2026-27.pdf | 14 Oct 2026 |
| Q2 2026-27 KSPCB- PCB (10 Acres to 125 Acres) | 14 Oct 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: FORM-4 Q4 2025-26.pdf | 15 Jul 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Q3 25-26 innovative.pdf | 15 Jul 2026 |
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form-4 Q4 2025-26.pdf | 15 Jul 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form-6 Q4 2025-26.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form 4- Q1 2026-27.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form 6- Q1 2026-27.pdf | 15 Jul 2026 |
| Updated CDP PLanFile: CDP Paln.pdf | 4 May 2024 |
| Agreement of saleFile: Agreement of Sale Proforma V M INNOVATIVE TOWNSHIP.pdf | 4 May 2024 |
| Title Deed 1File: Sy No 47-3 48-4 48-4_11zon.pdf | 3 May 2024 |
| Title Deed 2File: Sy No 49-3_11zon.pdf | 3 May 2024 |
| Title Deed 3File: Sy No 54-2_11zon.pdf | 3 May 2024 |
| Title Deed 4File: SY No 55_11zon.pdf | 3 May 2024 |
| Title Deed 5File: SY No 56_11zon.pdf | 3 May 2024 |
| Title Deed 6File: Sy NO 57_11zon.pdf | 3 May 2024 |
| Architects certificateFile: COA Chethan.jpeg | 3 May 2024 |
| Approved PlanFile: scan0019 (1)_11zon.pdf | 3 May 2024 |
| CDP MapFile: V M Innovative Town ship CDP Plan.pdf | 3 May 2024 |
| VIllage MapFile: VILLAGE MAP.pdf | 3 May 2024 |
| Common area Details of VM Innovative townshipFile: Common Amenaties township engg.pdf | 3 May 2024 |
| Cost of ConstructionFile: Cost Of Construction.pdf | 3 May 2024 |
| UGD PlanFile: GWR UGD DWG.pdf | 3 May 2024 |
| Water Connection Point PlanFile: GWR WS DWG.pdf | 3 May 2024 |
| STPFile: GWR STP-Model (1).pdf | 3 May 2024 |
| Water NOCFile: Water NOC GB.pdf | 3 May 2024 |
| Source of Water Supply BorewellFile: Water Source.jpeg | 3 May 2024 |
| Allotment LetterFile: Allotment Letter.pdf | 3 May 2024 |
| KSPCB NOC LetterFile: KSPCB appl and payment order.pdf | 3 May 2024 |
| BESCOM LetterFile: Bescom Township_merged.pdf | 3 May 2024 |
| Work OrderFile: UDUMALODU REALEASE ORDER.pdf | 3 May 2024 |
| RTC, survey Sy No. 47/3 | - |
| Mutation, survey Sy No. 47/3 | - |
| Encumbrance Certificate, survey Sy No. 47/3 | - |
| Conversion/Alienation Order, survey Sy No. 47/3 | - |
| JDA, survey Sy No. 47/3 | - |
| Khatha, survey Sy No. 47/3 | - |
| RTC, survey 48/3 | - |
| Mutation, survey 48/3 | - |
| Encumbrance Certificate, survey 48/3 | - |
| Conversion/Alienation Order, survey 48/3 | - |
| JDA, survey 48/3 | - |
| Khatha, survey 48/3 | - |
| RTC, survey Sy No 48/4 | - |
| Mutation, survey Sy No 48/4 | - |
| Encumbrance Certificate, survey Sy No 48/4 | - |
| Conversion/Alienation Order, survey Sy No 48/4 | - |
| JDA, survey Sy No 48/4 | - |
| Khatha, survey Sy No 48/4 | - |
| RTC, survey Sy No 48/5 | - |
| Mutation, survey Sy No 48/5 | - |
| Encumbrance Certificate, survey Sy No 48/5 | - |
| Conversion/Alienation Order, survey Sy No 48/5 | - |
| JDA, survey Sy No 48/5 | - |
| Khatha, survey Sy No 48/5 | - |
| RTC, survey Sy No 49/3 | - |
| Mutation, survey Sy No 49/3 | - |
| Encumbrance Certificate, survey Sy No 49/3 | - |
| Conversion/Alienation Order, survey Sy No 49/3 | - |
| JDA, survey Sy No 49/3 | - |
| Khatha, survey Sy No 49/3 | - |
| RTC, survey Sy No 54/2 | - |
| Mutation, survey Sy No 54/2 | - |
| Encumbrance Certificate, survey Sy No 54/2 | - |
| Conversion/Alienation Order, survey Sy No 54/2 | - |
| JDA, survey Sy No 54/2 | - |
| Khatha, survey Sy No 54/2 | - |
| RTC, survey 55 | - |
| Mutation, survey 55 | - |
| Encumbrance Certificate, survey 55 | - |
| Conversion/Alienation Order, survey 55 | - |
| JDA, survey 55 | - |
| Khatha, survey 55 | - |
| RTC, survey Sy No 56 | - |
| Mutation, survey Sy No 56 | - |
| Encumbrance Certificate, survey Sy No 56 | - |
| Conversion/Alienation Order, survey Sy No 56 | - |
| JDA, survey Sy No 56 | - |
| Khatha, survey Sy No 56 | - |
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Builder: VM VENTURES
VM VENTURES has 1 registration on RERA Karnataka, including VM INNOVATIVE TOWNSHIP. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Chikkaballapura district page.
Frequently asked questions
What are my rights if VM INNOVATIVE TOWNSHIP is delayed beyond 31 Dec 2027?
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 VM INNOVATIVE TOWNSHIP?
The registered promoter entity is VM VENTURES, a partnership firm as per the filing. Its GSTIN 29AAXFV3837H1ZB 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 VM INNOVATIVE TOWNSHIP?
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 VM INNOVATIVE TOWNSHIP?
The professionals named in the filing: Engineer: Mohammed Moyunddin; Chartered Accountant: Venkataramana P. 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 VM INNOVATIVE TOWNSHIP?
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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