VM NARAYANAPPA MILIEU HABITAT

Official Registry Facts

Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.

Legal, Approvals & Project Team

No litigation declared on this project's K-RERA filing.

8 of 21 compliance document slots are filed as Not Applicable; the remaining 13 slots have usable uploaded filings.

No completion certificate (OC) on file yet — project has not been declared complete.

0 of 4 applicable approvals are on file; still outstanding: Water supply and sewage board, Engineering Department (PWD) for completion of development works, KPTCL- BESCOM and Horticulture department. Confirm each has been granted, not merely applied for, before booking.

7 further authority slots are marked not applicable by the regulator.

K-RERA names 2 project professional/vendor rows across Chartered accountant, Engineer. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.

Vm Builder has 8 other K-RERA-registered projects in our records (average reported construction progress 70%). 0 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder. That is a lower delayed rate than the K-RERA average across Bengaluru on the same measure.

Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.

Financials & Construction Progress

Latest quarterly filing (2025-Q4): ₹0.62 Cr collected from buyers, ₹2.42 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹2.42 Cr) exceeded buyer collections (₹0.62 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.

• Construction progress moved from 33% to 36% across the filed QPR window.
• Across available QPR rows, escrow withdrawals are 1.93x buyer collections. Ask the builder to reconcile this against certified project costs and prior-period balances.
• In the latest QPR, escrow withdrawal exceeds buyer collections for that quarter. This can be normal if prior balance existed, but it needs a clean explanation.

QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.

The estimated cost above is the developer's declared construction cost only (K-RERA's own label: "Estimated Cost of Construction as certified by Engineer") — it excludes land cost, so it isn't comparable to the buyer-collection figures below or to a sale price.

RERA 70% project account is on file: Canara Bank Hoskote SME Branch IFSC Code : CNRB0005580 Pin Code : 562114. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.

Location & Connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.