VSG Developers
4.5Overall Score
Reader Rating: (1 Vote)

VSG Developers Reviews

VSG Developers is one of the leading real estate companies based in Silicon City of India. Since the inceptions, this builder has the track record of developing many properties under the leadership of Mr. V Prabhu Kumar one of the renowned personal in Bangalore real estate segment.

VSG real estate builder and developer have successfully completed four projects called Paradise in Hosur Road, Reliable Pride and Residency in HSR Layout, and Residential Layout in Electronic City. All the projects are rich in amenities like club house, swimming pool, table tennis, outdoor games, children’s play area, basketball etc.

Currently, they have four ongoing projects called Lake Forest in Hosur Road, Nature Valley in Sarjapur Road, Lakeview in Electronic City, and Dream Hills in Kanakapura. This property builder also has four upcoming projects named as Enclave in Hosur Road, Lifestyle in Sarjapura Road, B R Resorts in Sarjapura and Madikeri.

We request all our users to share their feedbacks, comments, reviews and ratings of VSG Developers and their projects with prospective buyers and us.

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39 Responses

  1. chandan

    Hi,

    VSG developers is known for their master build up. I booked a 3BHK flat in LAKE FOREST, when i visited that place for construction, i really appreciate their work. They are using good products for construction. Here many people is talking about Bank loan, sometimes loan can’t be approved for everybody. So keep patient and be with VGS developers.

    Reply
    • DKS

      Can anybody help me know the reputation of VSG Projects and its owners Mr. V Prabhu Kumar, Especially around the layout project nature valley near Narayangatta.

      I am hearing lot of negative rumors about this builder. have anybody bought the plot in this layout.

      Reply
      • Sumeet

        One of my friend in India, had taken a site from them (for the project VSG Dreamhills), but even after 6 years, till now that project is not developed. He wanted to take the money refund, but they told him to take another property called VSG Nature Lake in Saraja Pur road. But till now the builder has not signed over the property transfer documents and he is not able to register that property. The bulder (Prabhu Kumar is a very big fraud. Be aware of the same person). My friend called me and told not to take his property. Otherwise I would have been in big trouble, as I am in USA. Thanks to him

      • jagan

        VSG are bad and cheater guys. Long back we bought plots from this and still they didnot complete the work. Don’t buy

    • Seena

      They have done a project in Sarajapur Road near Adiswar-Central Jail junction. The Appartment is done by S V Builders. But I could not search S V Builders HSR Layout in google. The S V Builders does not exist and Prabhu is the land owner

      Reply
  2. Amit

    I am planning to buy property in VSG projects.

    I am worried about these reviews.

    Should I go for it, are there any proven frauds and misleadings by this VSG developers?

    Reply
  3. Viru Singh

    From the Table of chairman,,

    I understand you have Insisted on a state bank loan for purchasing a flat in our lake forest apartment and you are now wondering about the delay in processing the state bank approval which is creating unrest in you .

    Let me foremost state in the capacity as chairman ,that VSG developers with interest in Town ship/gated communities/farm lands/villas/villa plots is built on the vision of corporate ethics and trust thus wish to respond and state as under…

    Yes, State Bank loan approval for the Lake Forest apartment project is delayed on account of procedural formalities as the state bank is demanding originals of the mother deed.

    We wish to state that the schedule property 15000 sq ft on which Lake Forest apartment is being built is a portion of bigger parcel of land exceeding over one acre. Hence the land lord did not part the original mother deed to VSG developers.

    Please note all the required and valid title deed originals relating to the scheduled Lake Forest property , acquired by VSG developers through outright purchase are in our possession along with the photocopy of the Mother deed.

    We are pleased to inform you nationalized banks & other financial institutions have already approved the Lake Forest project after scrutinizing these available documents.

    Since more than 50% sold out in a short span and all the customers were comfortable with the existing bankers and more over since none of them seriously expressed an interest for a state bank loan, we did not feel the necessity to seek a state bank approval.

    Now that you have demanded for a state bank approval in order to purchase a flat at lake forest , we remain committed to seek the state bank approval at the earliest ….

    The land lord in whose possession is the orginal mother deed is, out of station most of the time for known and un known reasons and understandably he is enganged on his spiritual journey to places like mecca etc

    Allow us couple of weeks and we will attempt to sought the issue and will revert to you with positive news and in this instance the state bank approval.

    In the meanwhile if you are interested in processing with LIC/Punjab National Bank/IDBI/axis bank etc do let us know and we would be pleased to assist you in total happiness.

    Hope that above clarifies our stand ..

    Reply
    • Viru Singh

      This is frustrating to wait for 5 months for loan getting sanctioned from SBI, please see prabhu kumar’s mail above.

      Reply
    • Seena

      What about the dream hills project, for which you have taken a huge amount from us (Rs 100/- per sq feet). Till date after 8 years the project is not started. Today I saw in your web site the rate has gone 90% down.

      Can you clarify..

      Reply
    • Vishal

      Hi All,
      Its almost two months, still they are telling SBI loan process going on but they had promised to customer to make avail the loan within a week.

      Please share your feedback.

      Thanks,
      Vishal

      Reply
    • ASS

      ASK WRITTEN DOCUMENT TO PROVIDE COMPLETION CERTIFICATE FROM BBMP ……..i bet they will kick you out of office ….without this document your flat is illegal to occupy.

      Reply
  4. ppm

    Hi,

    this is to address Mr. Babu. I am about to finalize an apt at your newest project @ HSR extension.
    How would I be sure of your authenticity after reading bad comments and when you are new as a builder.
    Is that as a builder you are give possession on time.
    All the amenities promised @ the booking time would be given after possession.
    Is that all the legal papers come clean?
    Please assure me it is really imp to know as you are new in the market and wean investor. as

    Reply
    • Vishal

      Hi,
      I am also going to deal a property at singasandra.
      but SBI still not approved the loan( SBI agent Vivek informed), but their sales man are telling all banks providing loan.
      I am bit confused to go or no go with the deal. please provide some suggestion.

      Also after reding this page I am even more confused :)
      This is true that they are new in market and qality of work is a question mark till they come with standard.
      I will be in position to provide more about by next week or end of july 2013 as I am in contact with them.

      ~vishal~

      Reply
      • Shailendra

        Hi Vishal,

        What is the status of your purchase. How is the building coming up. Have you done a legal opinion for the property. Its been some time now since your last post so may be you would have seen many things which you may like to share with all.

        Regards

      • Viru Singh

        hi,
        how to contact you?
        please reply yr mail or number..

      • vishal

        Hi My email is vishal.lochan@gmail.com
        I have taken back my money as there was legal case going on.
        Request all of you to check before purchase if legal case with AECES layout is resolved or not.

      • raj

        Hi,
        Mr, Vishal can u tell me one thing that you are availing the loan for flat or buying my flat to get loan from SBI……….

  5. ppm

    Hi,

    this is to address Mr.Babu. I am about to finalize an apt at your newest project @ HSR extension.
    How would I be sure of your authenticity after reading bad comments and when you are new as a builder.
    Is that as a

    Reply
  6. praveen kumar

    >We bought plots from them at VSG lake view near Baktipura, Attibele last year, they had promised us that they will finish the complete layout development as per BMRDA rules within March 2012. But today is June 2013, not even the basic development has started. ( Road, Power, Water, STP…)

    We are suffering……………… beware

    plot owners
    Manjunatha L, Sivnesan, Sukumar, Lakshiminath, Harish, Chandrashekar Manjunathrao Praveenkumar Naveen Ramchandran Jaikar Sundaravadivel Vadivelu Nagraj Roopa Chetanbabu Eswar Kiran Ragavendra Stipindan Shiv jyoti prasad Srikanth Girish Kirthi Jayanth Ravi kumar puttapa Ragavendra Vikram Mohamad

    Reply
    • RajuB

      Hi, we brought a plot in Lakeview, Bhakthipura, Attibele. We have paid the first instalment. Till now, there is no progress as to the registration of the site. Kindly tell me what is the status now and what is the steps ahead for registration of the site.

      Reply
      • Manjunatha L

        Dear Raju,
        Please visit the layout, I am sure you will understand their genuineness. they are totally irresponsible people

    • Bantval V Baliga

      I own a few lots in VSG Lakeview in Bhaktipura village. I had last visited the site in early 2013.
      There were no paved roads or electricity. I had hired a lawyer who visited VSG offices,checked all records and confirmed they have a clear title to the land. Only then did I purchase this property. As considerable time has elapsed since my last visit, I shall be grateful if you can apprise me with a latest update on this development.

      Baliga

      Reply
  7. MANJUNATHA

    We bought plots from them at VSG lake view near Baktipura, Attibele last year, they had promised us that they will finish the complete layout development as per BMRDA rules within March 2012. But today is June 2013, not even the basic development has started. ( Road, Power, Water, STP…)

    We are suffering……………… beware

    Plot Owners
    Manjunatha L, Sivnesan, Sukumar, Lakshiminath, Harish, Chandrashekar
    Manjunathrao, Praveenkumar, Naveen, Ramchandran, Jaikar,
    Sundaravadivel, Vadivelu, Nagraj, Roopa, Chetanbabu, Eswar, Kiran
    Ragavendra, Stipindan, Shiv jyoti prasad, Srikanth, Girish, Kirthi, Jayanth,
    Ravi kumar puttapa, Ragavendra, Vikram, Mohamad

    Reply
  8. Ankur

    THEY SPECIALLY TARGET NRIs SO BE CAREFUL

    DONT BUY FROM THEM

    CONTACT ME FOR LEGAL VERIFICATION REPORTS ABOUT THEM

    Reply
    • Babu

      hai ankur and n chandra Did you contact us single time without contact how come we know who are you who knows u for any clarification you can come to our office we will discuss

      Reply
    • mantega

      Ankur/Chandra,

      Just wanted to know if you guys bought sites from VSG Developers individually or you know someone who has bought one and has lost money to them or feel they are fraudsters. What exactly is the reason for you guys to claim these guys are fraudsters. We are planning to pick a plot from these guys, hence your valued opinion matters a lot to us.

      Reply
    • Vinay

      How to contact you ? I am almost finalized the house in Reliable Pride.

      Vinay
      M:8892189484

      Reply
    • Kayal

      Ankur And chandra

      Pls don’t misuse the forums to create bad image against any developer. This is not a genuine feedback about Vsg developer. I know them for many years and I had invested in their projects too.They are very transparent and can download their approvals from their website. Their cost sheet is also uploaded in the website. If you have any doubts visit their website http://www.vsgdevelopers.com .Their projects are approved by Govt banks & Private banks.

      Reply
    • Manjay

      Hey, i am planning to buy from VSG green View located near sarjapur road domansandra.
      Can you please share ur view ? so that i will go ahead.

      Reply
    • raj

      Hi,
      You told that VSG Developers is target only NRI client may i know that how u came to know that builder is doing the deal with the NRI client……….

      Reply
  9. N CHANDRA

    Be carefull with these devlopars in these areas

    VSG Developmers , Mithila group, PSR icon, no one has clear papers

    and legal land. Not only Rude, Rowdies.

    Very clever devloper people showing advertisement all false only pictures are true but inside story is full of fraud

    lesser cost price is more fake land

    Be careful, dont buy this ares attibele , EC side in bengaluru

    Reply
    • Ankur

      YES, WE WOULD LIKE TO LET WORLD KNOW SIMILAR INCIDENT ABOUT ONE VSG DEVELOPERS IN BANGALORE.

      THEY ARE MASTERS OF FRAUD. THEY DONT HAVE LEGAL CLAIM ON PLOTS OR PROPERTY THEY ARE SELLING

      EARLIER THEY HAD WEBSITE VSGDEVELOPERS.COM

      NOW THEY HAVE REMOVED THAT WEBSITE ALSO.

      SOME VERY RUDE PEOPLE HAVE CREATED FAKE NAME OF VSGDEVELOPERS & CHEATING PEOPLE.

      WE HAD DONE LEGAL VERIFICATION OF THEIR PROPERTY.

      DONT BUY , THEY ARE JUST FRAUDSTERS

      Reply
      • Ankur

        SOME OF THEIR FRAUD PEOPLE:

        1. BABU VSG

        2. RAMAMURTHY HR

        3. PRABHU KUMAR

        4. NAGARAJ

      • Ankur

        THESE PEOPLE ARE SPECIALLY TARGETTING NRIs AS THEY ARE FAR & MOST OF TIME CAN NOT TRACK GROUND REALITIES.

        THESE PEOPLE HAVE EVEN WORKED UNDERGROUND WITH SOME LAWYERS WHO TRY TO PROVE THEY HAVE LEGALLY VALID PROPERTY. BE CAREFUL & WARNED.

      • babu

        hey Ankur did you purchased plot from us and what is the plot no tell me the one reason for fraud how dare you to say we are fraud and let us know what is your problem & what your thinking pls

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