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Registration approved No litigation declared Plotted Development project

VMS LOTUSCITY-2C

By VM BUILDER AND DEVELOPERS

RG-KA-00253 · RERA PRM/KA/RERA/1265/339/PR/010225/007471 · 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
Dec 2027Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 186 documents Report an error

VMS LOTUSCITY-2C is a Plotted Development project by VM BUILDER AND DEVELOPERS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/010225/007471 on 1 Feb 2025. Possession is promised by 31 Dec 2027.

At a glance

Project

  • NameVMS LOTUSCITY-2C
  • TypePlotted Development
  • Location
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/339/PR/010225/007471
  • ReraGenie IDRG-KA-00253

Builder

  • NameVM BUILDER AND DEVELOPERS
  • Entity typePartnership Firm
  • GSTIN29AAVFV8656Q1ZJ
  • Authorized SignatoryVENKATACHALAPATHY.B.V
  • Other registrations8 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredFeb 2025PromisedDec 2027

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Feb 2025
  • Promised completion31 Dec 2027
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed186 files

Current status

94.1%Of the estimated cost spent so far

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 ownership25

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

Named landowners25
LandownerVillageDistrict
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
NAGARATHNAMMA--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
M.S.SUPREETH KUMAR--
M.S.SANDESH KUMAR--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
TARUN SAI D.N--
V.SRINIVAS--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
V.ERAPPA--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
SATHISH KUMAR C.S--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
HEMANTH KUMAR B.S--
MURULASIDDAIAH B.S,--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
USHA.B--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
NAGARATHNAMMA--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
NAGARATHNAMMA--
V M Builder and Developers Rep By Partner Sri Venkatachalapathi B V--
Nagarathnamma--

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 2.91 cr
Cost incurredRs 2.73 cr
Spent of the estimate94.07%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 2.91 crRs 2.73 cr

Certifying professionals and partners2

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

RoleName
EngineerMohammed Moyunddin
Chartered AccountantVenkataramana P

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed186

As listed on the registration, under the names the promoter filed them with; the newest 80 of 186 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1265/339/PR/010225/007471 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: FORM-4 2026-27.pdf14 Oct 2026
Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: FORM-6 2026-27.pdf14 Oct 2026
Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form 4 Q1 2026-27.pdf15 Jul 2026
Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form-6 Q1 2026-27.pdf15 Jul 2026
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Q4 FORM-4 2025-26.pdf15 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Q4 FORM-6 2025-26.pdf15 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Q3 2025-26 Form-4.pdf14 Feb 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Q3 2025-26 Form-6.pdf14 Feb 2026
MR-1File: 48-1 MR.pdf16 Jan 2025
MR-2File: 48-2 MR.pdf16 Jan 2025
MR-3File: 48-3 MR.pdf16 Jan 2025
MR-4File: 48-4 MR.pdf16 Jan 2025
MR-5File: 48-5 MR.pdf16 Jan 2025
title deed Survey Number 35/1, 35/13File: Title Deed.pdf16 Jan 2025
JDAFile: Development Agreement lotuscity 2c.pdf16 Jan 2025
JDA compressedFile: JDA compressed.pdf16 Jan 2025
JDAFile: JDA.pdf16 Jan 2025
Lotuscity2c approved planFile: Lotuscity2c approved plan.pdf16 Jan 2025
Relinguishment Water letterFile: Relinguishment and NOC Req Letter (1).pdf16 Jan 2025
Release order Lotuscity 2cFile: Release order Lotuscity 2c.pdf16 Jan 2025
35-11 SaledeedFile: 35-11 Saledeed.pdf16 Jan 2025
35-12 SaledeedFile: 35-12 Saledeed.pdf16 Jan 2025
35-14 Narayanasamy SaledeedFile: 35-14 Narayanasamy Saledeed.pdf16 Jan 2025
Title deedsFile: Title deeds.pdf16 Jan 2025
Fee paid receiptsFile: Fee paid receipts.pdf16 Jan 2025
LetterFile: Letter.pdf16 Jan 2025
Fee paidFile: Fee paid.pdf16 Jan 2025
STP 2C signedFile: STP 2C signed.pdf16 Jan 2025
Agreement of sale VM Lotuscity 2cFile: Agreement of sale VM Lotuscity 2c (4).pdf16 Jan 2025
Guidance value land costFile: Guidance value land cost.pdf16 Jan 2025
Form-6File: Form6 Lotuscity 2c.pdf16 Jan 2025
sources of fundsFile: ilovepdf_merged (1).pdf10 Jan 2025
STPFile: STP 2C.pdf10 Jan 2025
Form-6, EngineerFile: Form-3 Lotuscity 2c.pdf10 Jan 2025
litigations /non-litigationFile: No litigations affidavit 2c.pdf10 Jan 2025
guidance valueFile: GK New GuideLine Value.pdf10 Jan 2025
BESCOM fees paidFile: 1_2_3_merged.pdf10 Jan 2025
source of water supplyFile: Water source lotuscity 2C.jpeg10 Jan 2025
Agreement for SaleFile: Agreement of sale VM Lotuscity 2c.pdf10 Jan 2025
Work Order orderFile: Lotuscity 2c Work Order.pdf10 Jan 2025
Work PlanFile: Lotuscity-2c Plan.pdf10 Jan 2025
KYC and membership certificateFile: membership details.pdf24 Dec 2024
sources of fundsFile: Source of Fund.pdf24 Dec 2024
annual audit reports vm lotus cityFile: Form - 7 Lotus City.pdf24 Dec 2024
annual audit reports vm rose gardenFile: Form-7 VM Rose Garden.pdf24 Dec 2024
GST certificateFile: GST Certificate V M.pdf24 Dec 2024
firm financial statements with self-attested by the promotersFile: ITR 2023-24 VM_11zon.pdf24 Dec 2024
Approval Layout OrderFile: Lotus city Phase 2c plan order.pdf24 Dec 2024
Layout planFile: Lotuscity 2c Plan.pdf24 Dec 2024
CDP PlanFile: SIPL12112401CLU-LAND USE (2).pdf24 Dec 2024
Village MapFile: SIPL12112401CLU-VILLAGE MAP (3).pdf24 Dec 2024
ZR copyFile: 1Kolar Master Plan and Zonal Regulations.pdf24 Dec 2024
ADLR Survey SketchFile: Gaddekannuru ADLR Sign for Town Planing Letter-1-2 (2).pdf24 Dec 2024
Relinquishment deed of Park, CA site and roadsFile: Relinguishment and NOC Req Letter.pdf24 Dec 2024
self attested copy of the Engineer license certificateFile: Engg License moyddin.pdf24 Dec 2024
Common area detailsFile: Common Area Lotuscity 2c.pdf24 Dec 2024
Construction Cost DetailsFile: Estimation Cost 2C.pdf24 Dec 2024
Engineer certificateFile: Form 3 Lotus city 2c.pdf24 Dec 2024
STP/Septic tank,File: STP 2C.pdf24 Dec 2024
Land cost calculationFile: GK New GuideLine Value.pdf24 Dec 2024
source of water supplyFile: Water source lotuscity 2C.jpeg24 Dec 2024
Agreement for SaleFile: Agreement of sale VM Lotuscity 2c.pdf24 Dec 2024
Allotment LetterFile: Allotment letter vm lotuscity 2c.pdf24 Dec 2024
estimated cost of constructionFile: Estimation Cost 2C.pdf24 Dec 2024
RTC, survey 48/1-
Mutation, survey 48/1-
Encumbrance Certificate, survey 48/1-
Conversion/Alienation Order, survey 48/1-
Sale/Title/Gift Deed, survey 48/1-
Khatha, survey 48/1-
RTC, survey 48/2-
Mutation, survey 48/2-
Encumbrance Certificate, survey 48/2-
Conversion/Alienation Order, survey 48/2-
Sale/Title/Gift Deed, survey 48/2-
JDA, survey 48/2-
Khatha, survey 48/2-
RTC, survey 35/11-
Mutation, survey 35/11-
Encumbrance Certificate, survey 35/11-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one has not
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Other projects near Kolar190+ in Kolar

Builder: VM BUILDER AND DEVELOPERS

VM BUILDER AND DEVELOPERS has 9 registrations on RERA Karnataka, including VMS LOTUSCITY PHASE-2A and V M s Lotus city Phase-2B. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if VMS LOTUSCITY-2C 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 VMS LOTUSCITY-2C?

The registered promoter entity is VM BUILDER AND DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29AAVFV8656Q1ZJ 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 VMS LOTUSCITY-2C?

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 VMS LOTUSCITY-2C?

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 VMS LOTUSCITY-2C?

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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