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Registration approved No litigation declared Plotted Development project

VMS LOTUSCITY PHASE-2A

By VM BUILDER AND DEVELOPERS

RG-KA-24440 · RERA PRM/KA/RERA/1265/339/PR/010225/007469 · Last updated on RERA Karnataka portal: 15 Jul 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 111 documents Report an error

VMS LOTUSCITY PHASE-2A is a Plotted Development project by VM BUILDER AND DEVELOPERS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/010225/007469 on 1 Feb 2025. Possession is promised by 31 Dec 2027.

At a glance

Project

  • NameVMS LOTUSCITY PHASE-2A
  • TypePlotted Development
  • Location
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/339/PR/010225/007469
  • ReraGenie IDRG-KA-24440

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 filed111 files

The full filing

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

Land and ownership2

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

Named landowners2
LandownerVillageDistrict
B S Manjunath--
Narayanamma and Others--

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 2.13 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 2.13 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 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/1265/339/PR/010225/007469 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
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 2025-26 Form-4.pdf15 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Q4 2024-25 L2C Form-6.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
sources of fundsFile: Source of fund.pdf8 Jan 2025
Approval/NOCFile: REQ Letter NOC and Relinguishment deed.pdf8 Jan 2025
guidance valueFile: GK New GuideLine Value.pdf8 Jan 2025
BESCOM and Water Supply Authorities along with a copy of the fee receipt paid towards the NOC.File: Adobe Scan 12-Dec-2024.pdf8 Jan 2025
bore wellFile: Water source lotuscity 2a.jpeg8 Jan 2025
Water Dept Estimation and feesFile: Water NOC 2A.pdf8 Jan 2025
Agreement of saleFile: Agreement of sale VM Lotuscity 2A.pdf8 Jan 2025
promoter not signed for financialsFile: ITR 2023-24 VM_11zon.pdf20 Dec 2024
sources of fundsFile: Source of Fund.pdf20 Dec 2024
EC 33-3File: EC 33-3.pdf20 Dec 2024
EC 37/1File: EC 37-1.pdf20 Dec 2024
TITLE Documents is only MRFile: Title Docs 37-1.pdf20 Dec 2024
Provisional Layout plan original drawingsFile: Lotuscity 2A Plan.pdf20 Dec 2024
layout plan work orderFile: Work Order.pdf20 Dec 2024
Department NOC Relinquishment Deed and Katha extractFile: REQ Letter NOC and Relinguishment deed.pdf20 Dec 2024
CDPFile: CDP 2A.pdf20 Dec 2024
Village MapFile: Village Map 2A.pdf20 Dec 2024
BESCOM and Water SupplyFile: REQ Letter NOC and Relinguishment deed.pdf20 Dec 2024
Agreement for SaleFile: Agreement of sale VM Lotuscity 2A.pdf20 Dec 2024
advocate search reportFile: ilovepdf_merged.pdf20 Dec 2024
Construction CostFile: Adobe Scan 20-Dec-2024 (3).pdf20 Dec 2024
balance sheet, profit, loss account & ITR of 2023-24 with schedule and UDINFile: VM ITR 2023-24_compressed.pdf28 Nov 2024
balance sheet, profit, loss account & ITR of 2022-23 with schedule and UDINFile: VM ITR 2022-23.pdf28 Nov 2024
GST certificateFile: GST Certificate V M.pdf28 Nov 2024
chartered accountant KYC and membership registration certificateFile: membership details.pdf28 Nov 2024
Networth CertificateFile: chalapathy sir networth.pdf28 Nov 2024
EC 33/3File: EC 33-3.pdf28 Nov 2024
EC 37/1File: EC 37-1.pdf28 Nov 2024
notarized affidavit regarding all pending or cleared litigations /non-litigationFile: Non litigation lotus city 2a.pdf28 Nov 2024
Approved Layout planFile: Democration Plan.pdf28 Nov 2024
work orderFile: Release Order.pdf28 Nov 2024
ADLR certified survey sketchFile: Gaddekannuru ADLR Sign for Town Planing Letter-5-6.pdf28 Nov 2024
CDP PlanFile: CDP 2A.pdf28 Nov 2024
Village mapFile: Village Map 2A.pdf28 Nov 2024
Engineer license certificateFile: Engg License moyddin.pdf28 Nov 2024
Common area detailsFile: Common area detals 2a.pdf28 Nov 2024
Construction Cost DetailsFile: Estimation of Development works 2a.pdf28 Nov 2024
STP/Septic tank, Soak pit, and sewer line drawing certified by the EngineerFile: STP 2A.pdf28 Nov 2024
BESCOM and Water Supply AuthoritiesFile: Water NOC 2A.pdf28 Nov 2024
Guideline ValueFile: GK New GuideLine Value.pdf28 Nov 2024
source of water supplyFile: Water source lotuscity 2a.jpeg28 Nov 2024
Agreement for SaleFile: Agreement of sale VM Lotuscity 2A.pdf28 Nov 2024
estimated cost of constructionFile: Estimation of Development works 2a.pdf28 Nov 2024
UGDFile: UGD 2A.pdf28 Nov 2024
WSPFile: WSP 2A.pdf28 Nov 2024
Allotment LetterFile: Allotment Letter 2A.pdf28 Nov 2024
Zonal RegulationsFile: 1Kolar Master Plan and Zonal Regulations (2).pdf28 Nov 2024
RTC, survey 33/3-
Mutation, survey 33/3-
Encumbrance Certificate, survey 33/3-
Conversion/Alienation Order, survey 33/3-
Sale/Title/Gift Deed, survey 33/3-
JDA, survey 33/3-
Khatha, survey 33/3-
RTC, survey 37/1-
Mutation, survey 37/1-
Encumbrance Certificate, survey 37/1-
Conversion/Alienation Order, survey 37/1-
JDA, survey 37/1-
Khatha, survey 37/1-
Registration CertificateFile: Registration Certificate V M (2).pdf-
GST CertificateFile: GST Certificate V M.pdf-
Partnership DeedFile: Partnership deed V M_11zon.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form-1 VM Lotuscity 2a.pdf-
Certificate issued by Engineer Form 3File: Adobe Scan 20-Dec-2024 (2).pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non litigation lotus city 2a.pdf-
Certificate from Chartered AccountFile: Form-1 VM Lotuscity 2a.pdf-
Certificate issued by ArchitectFile: Form 2 Lotus city 2a.pdf-
Balance Sheet 2023 - 2024File: AUDIT REPORT_merged.pdf-
Balance Sheet 2022 - 2023File: VM ITR 20212211zon.pdf-

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 PHASE-2A 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 PHASE-2A?

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 PHASE-2A?

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 PHASE-2A?

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 PHASE-2A?

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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