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Vmaks Venus
By Mahesh Babu
RG-KA-67288 · RERA PRM/KA/RERA/1251/310/PR/200103/003102 · Last updated on RERA Karnataka portal: 31 Dec 2019
Source: official RERA Karnataka filing
Red flags
- Registration withdrawn
- Completion date moved by 9 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
Saved.
Vmaks Venus is a Residential/Group Housing project by Mahesh Babu in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/200103/003102 on 3 Jan 2020. Possession is promised by 2 Sep 2022. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NameVmaks Venus
- TypeResidential/Group Housing
- Location
- Bengaluru South
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/310/PR/200103/003102
- ReraGenie IDRG-KA-67288
Builder
- NameMahesh Babu
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistration withdrawn
- Registered on3 Jan 2020
- Promised completion2 Sep 2022
- Revised completionRevised to 2 Sep 2022 (originally 2 Dec 2021)
- BuildingsNot stated in filing
- Documents filed50 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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Umesh Achar |
| Engineer | Virupaksha swamy |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed50
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/1251/310/PR/200103/003102 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Five Sale Deeds and one Rectification DeedFile: Five Sale Deeds and one REctification Deed.pdf | 31 Dec 2019 |
| Joint AffidavitFile: AFFIDAVIT CUM DECLARATION - Venus[1872]- 1gb_compressed.pdf | 31 Dec 2019 |
| Legible Conversion OrdersFile: Conversion venus - 6MB_compressed.pdf | 31 Dec 2019 |
| EC from 2004 to 2019File: EC from 2004 to 2019 for all.pdf | 31 Dec 2019 |
| Three JDA`s and GPA`sFile: JDA GPA.pdf | 31 Dec 2019 |
| ATTACHED REQUIRED DOCUMENTSFile: Affidavit Venus.pdf | 11 Dec 2019 |
| ATTACHED DOCUMENTSFile: EC - Venus.pdf | 4 Dec 2019 |
| 9COMMENCEMENT CERTIFICATE - VMAKS VENUS | - |
| 10Building - Ploting Plan - Venus | - |
| 11 Approved layout plan | - |
| 18SALE DEED - V-M-V- Draft | - |
| 12 proform of Agreement of Sale | - |
| RTC - Venus 2 | - |
| 14ASB-Infrastructure Plan | - |
| 15Area Development plan | - |
| 16Proforma of allotment letter | - |
| 17Brochure VENUS | - |
| NOC'S_compressed | - |
| 19Project Details - Venus | - |
| 3 EC Venus_compressed | - |
| Notarized Affidavit for 3(1) Voliation | - |
| 5 JDA_compressed | - |
| Khata venus | - |
| 20JDA GPA | - |
| Conversion venus | - |
| 29Bescom NOC | - |
| 30BWSSB NOC | - |
| 7 KSPCB | - |
| 9 Plan - Venus | - |
| 35Existing Layout Plan | - |
| 40Section Drawing of the apartments | - |
| Change of Land use | - |
| Balance Sheet 2017 - 2018File: BL2018.pdf | - |
| Balance Sheet 2016 - 2017File: 21B Sheet 2017-18.pdf | - |
| Balance Sheet 2015 - 2016File: 1Balance Sheet 2016-17.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: 32Profilt and Loss 2018-19.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: 22PL Account 2017-18.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: 12Profit and Loss 2016-17.pdf | - |
| Director's Report 2017 - 2018File: 13Director's report.pdf | - |
| Director's Report 2016 - 2017File: 13Director's report.pdf | - |
| Director's Report 2015 - 2016File: 13Director's report.pdf | - |
| Cash Flow Statement 2017 - 2018File: 14Cash Flow.pdf | - |
| Cash Flow Statement 2016 - 2017File: 14Cash Flow.pdf | - |
| Auditor's Report 2017 - 2018File: 35AR 2018-19.pdf | - |
| Auditor's Report 2016 - 2017File: 25Autidor Report 2017-18.pdf | - |
| Auditor's Report 2015 - 2016File: 15Autidor Report 2016-17.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: 36IT RA 2018-19.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: 26IT RA 2017-18.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: 16IT RA 2016-17.pdf | - |
| 4 A & D | - |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| VMAKS VENUS | - | Ongoing | Jun 2022 | Not delivered |
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Builder: Mahesh Babu
Mahesh Babu has 1 registration on RERA Karnataka, including Vmaks Venus. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What does it mean that Vmaks Venus shows as registration withdrawn on RERA Karnataka?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the RERA Karnataka portal, and take legal advice before paying any further instalment.
What are my rights if Vmaks Venus is delayed beyond 2 Sep 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 Vmaks Venus?
The registered promoter entity is Mahesh Babu. 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 Vmaks Venus?
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 Vmaks Venus?
The professionals named in the filing: Architect: Umesh Achar; Engineer: Virupaksha swamy. 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 Vmaks Venus?
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; why the completion date was revised and what the new timeline depends on.
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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