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Registration approved Plotted Development project

VR INNOVATIVE GLOBAL CITY

By V R BUILDERS AND DEVELOPERS

RG-KA-91667 · RERA PRM/KA/RERA/1265/343/PR/210804/004244 · Last updated on RERA Karnataka portal: 9 Jul 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
Dec 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 67 documents Report an error

VR INNOVATIVE GLOBAL CITY is a Plotted Development project by V R BUILDERS AND DEVELOPERS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/343/PR/210804/004244 on 4 Aug 2021. Possession is promised by 31 Dec 2023.

At a glance

Project

  • NameVR INNOVATIVE GLOBAL CITY
  • TypePlotted Development
  • Location
    • Mulabagilu
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/343/PR/210804/004244
  • ReraGenie IDRG-KA-91667

Builder

  • NameV R BUILDERS AND DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryRAMESH NAIDU
  • Board MemberVENKATACHALAPATHY.B.V
  • Other registrations8 more →
  • Declared earlier projects4 →

Key dates

this monthRegisteredAug 2021PromisedDec 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Aug 2021
  • Promised completion31 Dec 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed67 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.

Land area84,325 sq m
Named landowners1
LandownerVillageDistrict
V R BUILDERS AND DEVELOPERS--

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 13.50 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed67

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/1265/343/PR/210804/004244 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Financial statement and ITR 2019-20File: Financial Statement and ITR 2019-20.pdf9 Jul 2021
Financial statement and ITR 2020-21File: Financial Statement and ITR 2020-21.pdf9 Jul 2021
Sale Deed Sonnavadi Sy 70-4 and 70-6File: Sale Deed Sonnavadi Sy 70-4 and 70-6.pdf9 Jul 2021
Sale Deed - Sy No 69-2 69-4 and 158-2File: Sale Deed - Sy No 69-2 69-4 and 158-2.pdf9 Jul 2021
EC from 01/04/2019 to Till Date for All Survey NumbersFile: EC from 01-04-2019 to till date for all Survey Numbers.pdf9 Jul 2021
RTC Sy No 69/2File: RTC SY NO 69-2.pdf9 Jul 2021
RTC Sy No 69/4File: RTC SY NO 69-4.pdf9 Jul 2021
RTC Sy No 70/4File: RTC SY NO 70-4.pdf9 Jul 2021
RTC Sy No 70/6File: RTC SY NO 70-6.pdf9 Jul 2021
RTC Sy No 158/2File: RTC SY NO 158-2.pdf9 Jul 2021
Mutation Sy No 69/2 and 69/4File: SY NO 69-2 and 69-4 MUTATION.pdf9 Jul 2021
Mutation Sy No 70/4 and 70/6File: SY NO 70-4 and 70-6 MUTATION.pdf9 Jul 2021
Mutation Sy No 158/2File: SY NO 158-2 MUTATION.pdf9 Jul 2021
Project SpecificationsFile: Project Specifications.pdf9 Jul 2021
BESCOM NOCFile: Bescom NOC letter.pdf9 Jul 2021
Relinquishment DeedFile: Relinquishment Deed.pdf9 Jul 2021
CertificateFile: Registration Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Form EX1 Arch.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Form EX-5 Work as an date Engg.pdf-
CA Certificate for Funds UtilizationFile: Form EX3 CA REPORT.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Form EX2 Arch.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Form EX-6 Pending Work Engg.pdf-
CA Certificate for Funds required for Project CompletionFile: Form EX4 CA REPORT_11zon.pdf-
AffidavitFile: Form EX-7 Affidavit.pdf-
Latest Encumbrance CertificateFile: download (15).pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Tantrika Anumodane kolar-
Approved Plan (1)-
CONVERSION Final_Order 70-6-
Sale Deed Sonnavadi Sy 70-
2019-20 Auditors Report_compressed-
CONVERSION Final_Order 158-2-
Ec-
AFFIDAVIT-
CONVERSION Final_Order 69-4-
CONVERSION Final_Order 70-4-
Sy No 69-2 Sonnavadi Saledeed-
CONVERSION Final_Order 69-2-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
WATER NOC-
POLLUTION BOARD - 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-
Approved Plan (1)-
Approved Plan (1)-
ITR V R Builders and Developers 2020-21_compressed-
FORM - B_compressed-
Prospectus/BrochureFile: brouchere.jpeg-
Advertisement Copy 1File: brouchere.jpeg-
Plot Excel SheetFile: PRM_KA_RERA_1265_343_PR_210804_004244 (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.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
VR DREAM CITY-OngoingDec 2023Not delivered

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: 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 Kolar district page.

Frequently asked questions

What are my rights if VR INNOVATIVE GLOBAL 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 INNOVATIVE GLOBAL 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 INNOVATIVE GLOBAL 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 INNOVATIVE GLOBAL 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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About VR INNOVATIVE GLOBAL CITY. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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