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PropertyLensBengaluru · invest
Financial & legal due diligence · public record · 18 Oct 2026

V R Royal Homes

VR Ventures · Sarjapur Road (Carmelaram / Dommasandra) · Sy No 151 & 153 Hoskote Kasaba Hobli Bangalore rural Dist-562114 , Sy No 151 & 153 Hoskote Kasaba Hobli Bangalore rural Dist-562114 ,

Promoter entityVR BUILDERS AND DEVELOPERS
Entity type · PANPartnership Firm · AARFV2309Q
Developer brandVR Ventures · #16 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/308/PR/250924/007063
Planning authorityBMRDA - Bangalore Metropolitan Region Development Authority
Sanctioned planAPA/LAO/80:2018-19 · 2020-11-18
Escrow bankCanara Bank, HOSKOTE SME
Landarea not filed · 9 land owners on record
Court cases declared0
Complaints at K-RERA1 on this project · 1 on the promoter
Record fetchedSep 2026
0 red flags3 to watch4 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/250924/007063 and 3 quarterly filings. Prices and rents are locality estimates, not verified listings. This report records what the Karnataka RERA file, the promoter’s quarterly filings, the complaint register, public credit ratings and company filings say. It states facts and flags them; it does not judge the investment. Prices, returns and the investment score live in the separate full report.

Financial & legal due diligence

What the public record says

Automated from the Karnataka RERA file PRM/KA/RERA/1251/308/PR/250924/007063 and 3 quarterly filings. Prices and rents are locality estimates, not verified listings. Compiled Sep 2026 from the Karnataka RERA file, company registers, rating agencies, tribunal records and press. Facts only; anything that deserves a written answer before signing is flagged.

0 red3 watch4 positive
Delivery timeline9/10
no extensions, no overdue dates on the RERA file
Legal & complaints8.5/10
1 RERA complaint on the project (−0.5)
Money to finish7/10
finance cost is 0% of the registered budget; last quarter withdrew ₹14.95 cr against ₹1.71 cr collected (−1)
Developer strength5/10
no public credit rating for the promoter

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/308/PR/250924/007063 · VR BUILDERS AND DEVELOPERS
On original date
RegisteredNov 2020TodaySep 2026Original completionDec 2027
Construction75%
quarterly filing Q1 2026-27 (submitted 2026-07-15)
Money through the RERA account
Collected ₹1.82 CrWithdrawn ₹14.12 CrQ3 2025-261.82 Cr14.12 CrCollected ₹1.89 CrWithdrawn ₹14.35 CrQ4 2025-261.89 Cr14.35 CrCollected ₹1.71 CrWithdrawn ₹14.95 CrQ1 2026-271.71 Cr14.95 Cr
Collected from buyersWithdrawn for construction
Latest milestones
  • Power Supply Work
    60%
  • Street Lighting
    60%
  • Formation Of Road, Footpath
    75%
  • Construction Of WaterSupply Infrastucture
    75%
  • Construction Of Sewage System Infrastuctur
    75%
  • Construction Of Storm Water Drainage
    75%
No litigation declared1 complaintsEscrow: Canara BankJoint-development land
Credit ratings of the people behind it

No public credit rating located for the promoter.

VR BUILDERS AND DEVELOPERS: no public rating located

Complaints & disputes on record
On this project1– open
On the promoter entity1all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2027-12-31

75% built, NaN% booked

75% built per the latest filing; 0/0 homes booked

1 RERA complaints

1 RERA complaints on this project; 1 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹21.19 cr — where it goes
Approvals ₹1.1 cr · 5%Construction & on-site ₹11.5 cr · 54%Other / taxes ₹8.6 cr · 41%
Construction programme as filed (quarterly filing Q1 2026-27 (submitted 2026-07-15))
2024202520262027Ground Clearance/Formation Of Plots100%Formation Of Road, Footpath75%Construction Of WaterSupply Infrastuct75%Construction Of Sewage System Infrastu75%Power Supply Work60%Construction Of Storm Water Drainage75%Tree Plantation And LandScape Work75%Street Lighting60%Other Miscellaneous Work75%today
Bars are the filed schedule; filled part is reported progress. Red = past its scheduled end and not complete.
No litigation declaredBorrowing declared: not statedEscrow at Canara Bank9 recorded land-owner sharesOwners’ association: not formed

Red flags to resolve in writing

1
Legal

Joint-development land: confirm which units fall in the owners’ share.

Questions to put to the developer before you sign

  1. Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
  2. Confirm the price list, floor-rise and other charges for the exact unit.
  3. Which date is contractual — 2027-12-31 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. What is the land owners’ share of built area and is the unit in the developer’s share?
Full record: every filed number, line by line1 sections · 12 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/308/PR/250924/007063 · promoter VR BUILDERS AND DEVELOPERS (Partnership Firm) · BLR F132 2018 19
Dates
Start 2020-11-18 · original completion 2027-12-31 · no extensions
Progress
75% complete per quarterly filing Q1 2026-27 (submitted 2026-07-15) · 0 of 0 homes booked (0 available)
Registered cost
Total ₹21.19 cr · construction ₹11.47 cr
RERA bank account
Canara Bank, HOSKOTE SME (70% construction account)
Money at registration
collected ₹1.82 cr · spent ₹15.15 cr · balance ₹6.26 cr
Plan sanction
APA/LAO/80:2018-19 dated 2020-11-18 · BMRDA - Bangalore Metropolitan Region Development Authority
Land owners / co-promoters
V R Builders and Developers Rep By Partner Sri Venkatachalapathi B V (100.0%, Sy 7/1); MAHESH M N (75.0%, Sy 7/2); V R Builders and Developers Rep By Partner Sri Ramesh Naidu (25.0%, Sy 7/2); V R Builders and Developers Rep By Partner Sri Venkatachalapathi B V (25.0%, Sy 7/2); V R Builders and Developers Rep By Partner Sri Venkatachalapathi B V (100.0%, Sy 7/3); V R Builders and Developers Rep By Partner Sri Ramesh Naidu (100.0%, Sy 7/3); V R Builders and Developers Rep By Partner Sri Ramesh Naidu (100.0%, Sy 8/3); V R Builders and Developers Rep By Partner Sri Venkatachalapathi B V (100.0%, Sy 8/3) +1 more
Litigation declared
None declared in filings
K-RERA complaints
1 on this registration · 1 on the promoter entity across all its projects
Owners’ association
Not yet formed
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/308/PR/250924/007063, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/308/PR/250924/007063 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/308/PR/250924/007063 (registration file, quarterly updates, complaint register), fetched Sep 2026.

Caveats. Automated analysis: prices, rents and travel times are estimates until listings and Maps data are verified. RERA figures are the promoter’s own filings. Nothing here is legal, tax or investment advice.

PropertyLens · property-lens.ai · Facts are transcribed from public records as filed by the promoter and the regulator; figures on RERA certificates are promoter numbers certified on unaudited books. Absence of a court case or insolvency filing in these sources is not proof that none exists. Verify title, approvals and encumbrances with a lawyer before you sign. Nothing here is legal, tax or investment advice.
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