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Registration approved No litigation declared Plotted Development project

VR SAI CITY 2

By V R VENTURES

RG-KA-56689 · RERA PRM/KA/RERA/1250/304/PR/290822/005194 · Last updated on RERA Karnataka portal: 25 Aug 2022

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 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 127 documents Report an error

VR SAI CITY 2 is a Plotted Development project by V R VENTURES in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/290822/005194 on 29 Aug 2022. Possession is promised by 31 Dec 2023.

At a glance

Project

  • NameVR SAI CITY 2
  • TypePlotted Development
  • Location
    • Hosakote
    • Bengaluru Rural
    • 562114
  • Pincode562114
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/304/PR/290822/005194
  • ReraGenie IDRG-KA-56689

Builder

  • NameV R VENTURES
  • Entity typePartnership Firm
  • Authorized SignatoryKISHORE R
  • Other registrations12 more →
  • Declared earlier projects12 →

Key dates

this monthRegisteredAug 2022PromisedDec 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Aug 2022
  • Promised completion31 Dec 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed127 files

The full filing

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

Land and ownership6

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

Named landowners6
LandownerVillageDistrict
SAKAMMA--
VR Ventures Represented by its Partner Kishore R--
VR Ventures Represented by its Partner Kishore R--
VR Ventures Represented by its Partner Kishore R--
VR Ventures Represented by its Partner Kishore R--
Ramesh Naidu--

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 3.85 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 3.85 cr-

Certifying professionals and partners2

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

RoleName
EngineerK.L.Shashidhara
Chartered AccountantVenkataramana

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed127

As listed on the registration, under the names the promoter filed them with; the newest 80 of 127 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/304/PR/290822/005194 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Payment plan in AOS (AGREEMNET OF SALE WITH PAYMENT PLAN)File: Agreement for sale with Payment Schedule.pdf25 Aug 2022
Upload profit and loss account and balance sheet for 2020-21 with CA UDINFile: BS and PL 2020 21 with UDIN.pdf12 Aug 2022
form bFile: Form B.pdf12 Aug 2022
joint affidavit cum declartionsFile: Joint Affidivit.pdf12 Aug 2022
sale deed for syno 55/4 and phody MRFile: pettanahalli 55 survey records.pdf12 Aug 2022
ec and title deed for syno 55/4File: EC-55-4.pdf12 Aug 2022
ec and title deed for syno 55/4File: Saledeed 55 3.pdf12 Aug 2022
title deed for syn o 200/3 ext 0.912 guntasFile: obsulate sale deed.pdf12 Aug 2022
Title deed 200/3File: Mother Deed 200 3.pdf12 Aug 2022
title deed for 55/1, 55/6File: Mother Deed 55.pdf12 Aug 2022
title deed for 55/3, 55/5File: Mother Deed 55 3.pdf12 Aug 2022
partnership deedFile: Partnership Deed and Certificate.pdf12 Aug 2022
Copy Of ZR Showing the Buffer area for High tension LineFile: High Tension.pdf12 Aug 2022
3(1) Notarized affidavitFile: Affidivit.pdf12 Aug 2022
Proforma of Allotment LetterFile: allotment letter.pdf12 Aug 2022
Power supply NOCFile: Bescom Noc.pdf12 Aug 2022
proforma of agreement for sale as notified by GOKFile: Perfoma Agreement for Sale.pdf12 Aug 2022
sy.no 200/3 rtcFile: RTC 200 3.pdf22 Jul 2022
sy.no 200/3 MRFile: Mutation 200 3.pdf22 Jul 2022
sy.no 200/3 conversion orderFile: Conversion 200 3.pdf22 Jul 2022
sy.no 200/3 sale deedFile: Sale Deed 200 3.pdf22 Jul 2022
syno 55/4 rtcFile: RTC 55 4.pdf22 Jul 2022
sy.no 55/4 MRFile: RTC 55 4.pdf22 Jul 2022
sy.no 55/4 conversion orderFile: Conversion 55 4.pdf22 Jul 2022
sy.no 55/4 sale deedFile: Saledeed 55 3.pdf22 Jul 2022
ec for syno 200/3File: EC 200 3.pdf22 Jul 2022
form bFile: form b.pdf22 Jul 2022
joint affidavit cum decalrtionFile: Joint Affidavit.pdf22 Jul 2022
title deed to conversion land ownerFile: Mother Deeds.pdf22 Jul 2022
certified copy obtained by the concerned Sub-registrarFile: Gidline Value.pdf22 Jul 2022
village mapFile: village maps.pdf22 Jul 2022
CDP planFile: CDP PLAN.pdf22 Jul 2022
fee receipt paid towards water supply NOC and Power supply NOCFile: No collected Amount.pdf22 Jul 2022
Project specificationFile: Specifications.pdf22 Jul 2022
STPDRAWINGFile: STP DRAWING.pdf22 Jul 2022
APPROVED LAYOUT PLANFile: Approved Layout Plan.pdf22 Jul 2022
BALANCE SHEETFile: BS.pdf22 Jul 2022
RTC, survey 200/3-
Mutation, survey 200/3-
Encumbrance Certificate, survey 200/3-
Conversion/Alienation Order, survey 200/3-
JDA, survey 200/3-
Khatha, survey 200/3-
RTC, survey 55/1-
Mutation, survey 55/1-
Encumbrance Certificate, survey 55/1-
Conversion/Alienation Order, survey 55/1-
Sale/Title/Gift Deed, survey 55/1-
Khatha, survey 55/1-
RTC, survey 55/5-
Mutation, survey 55/5-
Encumbrance Certificate, survey 55/5-
Conversion/Alienation Order, survey 55/5-
Sale/Title/Gift Deed, survey 55/5-
Khatha, survey 55/5-
RTC, survey 55/6-
Mutation, survey 55/6-
Encumbrance Certificate, survey 55/6-
Conversion/Alienation Order, survey 55/6-
Sale/Title/Gift Deed, survey 55/6-
Khatha, survey 55/6-
RTC, survey SY No 200/3-
Mutation, survey SY No 200/3-
Encumbrance Certificate, survey SY No 200/3-
Conversion/Alienation Order, survey SY No 200/3-
Sale/Title/Gift Deed, survey SY No 200/3-
Khatha, survey SY No 200/3-
RTC, survey SY No 55/6-
Mutation, survey SY No 55/6-
Encumbrance Certificate, survey SY No 55/6-
Conversion/Alienation Order, survey SY No 55/6-
Sale/Title/Gift Deed, survey SY No 55/6-
Khatha, survey SY No 55/6-
Registration CertificateFile: Firm Registered Certificate.pdf-
Partnership DeedFile: Partnership Deed_compressed.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1 - CA Certificate.pdf-
Certificate issued by Engineer Form 3File: Form 3 - Engineer.pdf-
Project Chartered Accountant-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one has not
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Rural650+ in Bengaluru Rural

2 kmVR SAI CITY 2Other 31Dot size: filed unitsN

Filed coordinates, straight-line distance. 31 registered projects within 2 km.

Builder: V R VENTURES

V R VENTURES has 13 registrations on RERA Karnataka, including VR HANUMAN ENCLAVE-2 and VR SUNSHINE. Its filings declare 12 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 SAI CITY 2 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 SAI CITY 2?

The registered promoter entity is V R VENTURES, 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 SAI CITY 2?

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 VR SAI CITY 2?

The professionals named in the filing: Engineer: K.L.Shashidhara; Chartered Accountant: Venkataramana. 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 VR SAI CITY 2?

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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