V M S Lotus City Phase-2B
K-RERA · the public record
VMS LOTUSCITY-2C
· VM BUILDER AND DEVELOPERS
Project Review · example purchase
Spending a few crores on a unit? ₹4,999 to check what you’re buying.
Check what the plans put beside your unit, below it and in front of it. The view, nearby buildings and shared facilities can change what you are buying.
See the report before you buy
Avoid bad decisions, only go for the best units.
Read the complete sample: unit choices, layout illustrations, important risks and questions for the builder. Its findings concern the named sample, not this project.
Read the Project Review sample ↗From another project
See the report before you buy.
A published sample shows the level of detail, source illustrations and buyer reasoning. Its findings belong to that project.
Read a sample report ↗94%construction reportedQ1 2026 filing
Free project details
Registration read 16 Jul 2026Construction progress and dates
Promoter-reported construction
70%
Q3 2025
72%
Q4 2025
94%
Q1 2026
K-RERA quarterly filings · Q3 2025 to Q1 2026
declared completion
Not recorded
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
K-RERA registration · read 16 Jul 2026
Registered units and project size
Odd Sites
34
Filed categories, unchanged · K-RERA registration · read 16 Jul 2026
The whole registration
The average covers the registered land and all registered unit types. It does not describe the space, outlook or surroundings of an individual unit.
RERA details for VMS LOTUSCITY-2C
K-RERA · PRM/KA/RERA/1265/339/PR/010225/007471
Project facts and comparisons
On the register
Unit mix34 × Odd Sites
Source: K-RERA. Each comparison names the group of projects used.
Project areas, parking and inventory
Project areas and parking
RERA filing| Disclosure | Official value | Why it matters |
|---|---|---|
| Approved plan number | 01/2024-25/531 | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 01-01-2025 | |
| Project start date | 09-01-2025 |
Official inventory & towers
RERA filingK-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.
Registered inventory mix
| Type | Units | Share | Official carpet area |
|---|---|---|---|
| Odd Sites | 34 | 100% | 4,105 sqm |
Legal, Approvals & Project Team
Litigation & compliance
RERA filingThe promoter answered No to the land-litigation question. This is a filed declaration, not a court search.
28 of 44 compliance document slots are filed as Not Applicable; the remaining 16 slots have usable uploaded filings.
No completion certificate (OC) on file yet — project has not been declared complete.
See the filed approval statuses and linked documents →
Statutory approval status
RERA filing0 of 4 applicable approvals are marked Approved in the filing. Other recorded statuses: Water supply and sewage board: To Be Applied; Engineering Department (PWD) for completion of development works: To Be Applied; KPTCL- BESCOM: To Be Applied; Horticulture department: To Be Applied. Check the linked documents for their scope and validity.
7 further authority slots are marked not applicable in the filing.
| Authority / NOC | Status | Date | File |
|---|---|---|---|
| Water supply and sewage board | To Be Applied | - | View NOC |
| Engineering Department (PWD) for completion of development works | To Be Applied | - | View NOC |
| KPTCL- BESCOM | To Be Applied | - | View NOC |
| Horticulture department | To Be Applied | - | View NOC |
Project team & certifications
RERA filingK-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.
| Role | Name | Registration / licence | Since | Locality |
|---|---|---|---|---|
| Chartered accountant | Venkataramana P | 228408 | 2012 | Kolar, Karnataka - 563131 |
| Engineer | Mohammed Moyunddin | KLR/BL/10044/24-25 | 2019 | Kolar, Karnataka - 563101 |
Builder track record
RERA filingVm Builder has 8 other K-RERA-registered projects in our records (average reported construction progress 54%). 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
Financial disclosures
RERA filingLatest quarterly filing (2026-Q1): ₹4.94 Cr collected from buyers, ₹2.17 Cr withdrawn from the project's escrow account.
| Construction progress | 70% → 94% (+24 pts) |
| Buyer collections in available QPRs | ₹12.97 Cr |
| Escrow withdrawals in available QPRs | ₹5.97 Cr (0.46x collections) |
- Construction progress moved from 70% to 94% across the filed QPR window.
- The builder has drawn 0.46x of buyer collections from escrow (about 46% of the ₹13 Cr collected) — money is largely staying in the regulated escrow account rather than being pulled out ahead of spend, which is the safer direction. A ratio near or above 1.0 would be the one to scrutinise.
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 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 of the listed job hubs is about 49 km in a straight line from the mapped location. Road distance and travel time will differ.
| Landmark | Straight-line |
|---|---|
| Whitefield IT hub | 49 km |
| Kempegowda Int'l Airport | 50 km |
| Bellandur–Marathahalli belt | 56 km |
| Outer Ring Road / Manyata | 60 km |
| MG Road / city centre | 63 km |
| Electronic City | 64 km |
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.