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VR DREAM CITY
By V R BUILDERS AND DEVELOPERS
RG-KA-36015 · RERA PRM/KA/RERA/1250/304/PR/210302/003970 · Last updated on RERA Karnataka portal: 12 Feb 2021
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
VR DREAM CITY is a Plotted Development project by V R BUILDERS AND DEVELOPERS in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/210302/003970 on 2 Mar 2021. Possession is promised by 31 Dec 2023.
At a glance
Project
- NameVR DREAM CITY
- TypePlotted Development
- Location
- Hosakote
- Bengaluru Rural
- PincodeNot stated
- RERA no.PRM/KA/RERA/1250/304/PR/210302/003970
- ReraGenie IDRG-KA-36015
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on2 Mar 2021
- Promised completion31 Dec 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed45 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership1
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 |
|---|---|---|
| Kalavathamma | - | - |
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed45
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/1250/304/PR/210302/003970 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| 2019-20 Auditors ReportFile: 2019-20 Auditors Report_compressed.pdf | 12 Feb 2021 |
| 2019-20 balance sheet, profit and loss account, Auditor's Report and ITRFile: ITR V R Builders and Developers 2020-21.pdf | 2 Feb 2021 |
| CertificateFile: Registration Certificate.pdf | - |
| Technical Sanction uploaded | - |
| Approved Layout Plan | - |
| GPA | - |
| Sale Deed 1 | - |
| Relinquishment Deed 2 | - |
| Sale Deed 2 | - |
| Project Specifications | - |
| EC Till Date | - |
| Affadavit 3-1 | - |
| Joint Affadavit cum Declaration | - |
| Mutation -Khatha | - |
| JDA | - |
| Relinquishment Deed | - |
| Conversion Copy | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| water noc | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Approved Layout Plan | - |
| Approved Layout Plan | - |
| Unnamed document | - |
| Affadavit Cum Declaration - Form B | - |
| Prospectus/BrochureFile: VR Dream City Brouchure - Advertisement.pdf | - |
| Advertisement Copy 1File: VR Dream City Brouchure - Advertisement.pdf | - |
| Plot Excel SheetFile: PRM_KA_RERA_1250_304_PR_210302_003970 (1).xlsx | - |
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 |
|---|---|---|---|---|
| V R NEW TOWN PHASE - 3 | - | Ongoing | May 2022 | Not delivered |
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Builder: V R BUILDERS AND DEVELOPERS
V R BUILDERS AND DEVELOPERS has 9 registrations on RERA Karnataka, including VR SUN CITY and VR SAI CITY. Its filings declare 4 earlier projects, none of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if VR DREAM CITY is delayed beyond 31 Dec 2023?
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 VR DREAM CITY?
The registered promoter entity is V R BUILDERS AND DEVELOPERS, a partnership firm as per the filing. 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 VR DREAM CITY?
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.
What should I check before booking in VR DREAM CITY?
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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