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Registration approved No litigation declared Plotted Development project

VR SAI CITY 4

By VR VENTURES

RG-KA-07852 · RERA PRM/KA/RERA/1250/304/PR/160224/006632 · Last updated on RERA Karnataka portal: 7 Feb 2024

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 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 92 documents Report an error

VR SAI CITY 4 is a Plotted Development project by VR VENTURES in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/160224/006632 on 16 Feb 2024. Possession is promised by 31 Dec 2024.

At a glance

Project

  • NameVR SAI CITY 4
  • 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/160224/006632
  • ReraGenie IDRG-KA-07852

Builder

  • NameVR VENTURES
  • Entity typePartnership Firm
  • Authorized SignatoryKISHORE R
  • Other registrations2 more →
  • Declared earlier projects4 →

Key dates

this monthRegisteredFeb 2024PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 Feb 2024
  • Promised completion31 Dec 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed92 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
M Sumitra--
M Narayanaswamy--

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 1.28 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 1.28 cr-

Certifying professionals and partners2

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

RoleName
EngineerSHASHIDHAR K L
Chartered AccountantVenkataramana p

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed92

As listed on the registration, under the names the promoter filed them with; the newest 80 of 92 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/304/PR/160224/006632 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
P&L and balance sheet - 2021-22File: VR VENTURES 2021222.pdf7 Feb 2024
P&L and balance sheet - 2022-23File: VR VENTURES 2022223.pdf7 Feb 2024
P&L and balance sheet - 2023-24File: vr ventures 202324.pdf7 Feb 2024
EC 55-7File: EC-55-7-New.pdf7 Feb 2024
EC 55-8File: EC-55-8-New.pdf7 Feb 2024
SyNo 55-6File: SyNo 55-6.pdf7 Feb 2024
Hissa 55-6File: Hissa 55-6.pdf7 Feb 2024
Hissa Tippani 55-6File: Hissa Tippani 55-6.pdf7 Feb 2024
pettanahalli 55 survey recordsFile: pettanahalli 55 survey records.pdf7 Feb 2024
Hissa sy no 55-6&55-8File: sy no 55-6&55-8_compressed.pdf7 Feb 2024
Advocate Search ReportFile: ASR_compressed.pdf7 Feb 2024
Engineer license certificateFile: Engineer Reg certificate.jpeg7 Feb 2024
Allotment letterFile: Proforma Allotment Letter (1).pdf7 Feb 2024
Agreement for SaleFile: AOS_SaiCity.pdf7 Feb 2024
BESCOM NOC and Water supply NOCFile: Bescom noc_merged.pdf7 Feb 2024
STPFile: STP-FLOW.pdf7 Feb 2024
Guidance valueFile: Sub Registrar Guidance Value Certified.pdf7 Feb 2024
Estimated cost of constructionFile: estimation.pdf7 Feb 2024
RTC, survey 55/7-
Mutation, survey 55/7-
Encumbrance Certificate, survey 55/7-
Conversion/Alienation Order, survey 55/7-
Sale/Title/Gift Deed, survey 55/7-
JDA, survey 55/7-
Khatha, survey 55/7-
RTC, survey 55/8-
Mutation, survey 55/8-
Encumbrance Certificate, survey 55/8-
Conversion/Alienation Order, survey 55/8-
Sale/Title/Gift Deed, survey 55/8-
JDA, survey 55/8-
Khatha, survey 55/8-
Registration CertificateFile: Partnership Deed and Certificate 1.pdf-
Partnership DeedFile: Partnership Deed and Certificate 1.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: V R SAI CITY 4 FORM 1.pdf-
Certificate issued by Engineer Form 3File: Sai city 4 form 3.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: non litigation.pdf-
Certificate from Chartered AccountFile: V R SAI CITY 4 FORM 1.pdf-
Certificate issued by ArchitectFile: DocScanner 13-Jan-2024 7-14 pm.pdf-
Balance Sheet 2022 - 2023File: Complete ITR 202122 WITH CA UDIN NUMBER 6.pdf-
Audited Profit and Loss Statement 2022 - 2023File: Complete ITR 202122 WITH CA UDIN NUMBER 6.pdf-
Director's Report 2022 - 2023File: Complete ITR 202122 WITH CA UDIN NUMBER 6.pdf-
Cash Flow Statement 2022 - 2023File: Complete ITR 202122 WITH CA UDIN NUMBER 6.pdf-
Auditor's Report 2022 - 2023File: Complete ITR 202122 WITH CA UDIN NUMBER 6.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: Complete ITR 202122 WITH CA UDIN NUMBER 6.pdf-
approved latter sai city 4-
Bescom noc-
water noc-
sai city 4 plan-
sai city 4 plan-
sai city 4 plan-
project specifications-
JDA-55-7-
serve documents (1)-
Proforma Allotment Letter-
Proforma Allotment Letter-
sai city 4 plan-
form b-
affidavit-
joint affidavit-
Bescom noc-
water noc-
Relinquishment 55-7-8-
Gift Deed 55 7-
STP-FLOW-
Village & Site Marking-
serve documents (1)-
not collected fees water and beacom noc-
GPA-55-7-
GPA-55-6_compressed-
estimation-
Layout CDP Plan_12_merged-
Sub Registrar Guidance Value Certified-
Plot Excel SheetFile: VR SAI CITY4.xlsx-
Final plan technical sanction LetterFile: approved latter sai city 4.pdf-
Final layout plan sanctionedFile: SAI CITY 4 FINAL_compressed.pdf-

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 4Other 30Dot size: filed unitsN

Filed coordinates, straight-line distance. 30 registered projects within 2 km.

Builder: VR VENTURES

VR VENTURES has 3 registrations on RERA Karnataka, including VR SAI CITY 4 and V.R MEGA TOWNSHIP. 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 SAI CITY 4 is delayed beyond 31 Dec 2024?

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 4?

The registered promoter entity is VR 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 4?

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 4?

The professionals named in the filing: Engineer: SHASHIDHAR K L; 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 VR SAI CITY 4?

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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