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Registration approved Plotted Development project

AAM LAYOUT

By Murugesh Babu & Murugesh Raju

RG-KA-90415 · RERA PRM/KA/RERA/1271/486/PR/200205/003238 · Last updated on RERA Karnataka portal: 23 Jan 2020

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Jul 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 49 documents Report an error

AAM LAYOUT is a Plotted Development project by Murugesh Babu & Murugesh Raju in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/486/PR/200205/003238 on 5 Feb 2020. Possession is promised by 31 Jul 2019.

At a glance

Project

  • NameAAM LAYOUT
  • TypePlotted Development
  • Location
    • Shivamogga
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1271/486/PR/200205/003238
  • ReraGenie IDRG-KA-90415

Builder

  • NameMurugesh Babu & Murugesh Raju

Key dates

Registered
5 Feb 2020
Promised
31 Jul 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on5 Feb 2020
  • Promised completion31 Jul 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed49 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area6,981 sq m
Named landownersNone

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 72.88 lakh

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed49

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1271/486/PR/200205/003238 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Form-B - Murugesh RajuFile: Form B - Murugesh Raju.pdf23 Jan 2020
Form B - Murugesh BabuFile: Form B -Murugesh Babu.pdf23 Jan 2020
Approved Layout PlanFile: Final Approval plan.pdf21 Jan 2020
Agrl Land to Residential DC ShivmogaFile: Agrl Land to Residential DC Shivmoga.pdf21 Jan 2020
Final approval plan letterFile: Final Approval plan letter.pdf21 Jan 2020
Dept of Civil Engineering - Completion reportFile: JNNCE Dept of Eng Completion Report.pdf21 Jan 2020
Khatha CertificateFile: Khatha Certificate.pdf21 Jan 2020
MESCOM ApprovalFile: MESCOM Approval.pdf21 Jan 2020
NoC from KUWSDBFile: NoC KUWSDB.pdf21 Jan 2020
Relinquishment Deed - Shivamogga Urban Development AuthorityFile: Relinquishment Deed SUDA.pdf21 Jan 2020
Relinquishment RegistrationFile: Relinquishment registration.pdf21 Jan 2020
Sale DeedFile: Sale deed.pdf21 Jan 2020
Document1-
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sale deed format-
Agreement to Sale format-compressed-
Sale deed-
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Project Broucher_compressed-
Project Specifications-
Encumbrance Certificate-
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Khatha Certificate-
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Document1-
Balance Sheet 2017 - 2018File: Balance Sheet - FY 2017-18.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet - FY 2016-17.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet - FY 2015-16.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit & Loss - FY 2017-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit & Loss - FY 2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss - FY 2015-16.pdf-
Director's Report 2017 - 2018File: Document.pdf-
Director's Report 2016 - 2017File: Document.pdf-
Director's Report 2015 - 2016File: Document.pdf-
Cash Flow Statement 2017 - 2018File: Document.pdf-
Cash Flow Statement 2016 - 2017File: Document.pdf-
Auditor's Report 2017 - 2018File: Document.pdf-
Auditor's Report 2016 - 2017File: Document.pdf-
Auditor's Report 2015 - 2016File: Document.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Income tax Acknowledgement - FY 2017-18 - compressed.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Income tax Acknowledgement - FY 2016-17 - compressed.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Income tax Acknowledgement - FY 2015-16-compressed.pdf-
Form-B-

How this compares with Shivamogga

14%of Shivamogga projects moved their completion datethis one has not
0%of Shivamogga registrations are shown as withdrawn or revokedthis one is not

Computed across the 140+ Shivamogga projects on ReraGenie, from their own filings.

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Other projects near Shivamogga140+ in Shivamogga

2 kmAAM LAYOUTOther 4Dot size: filed unitsN

Filed coordinates, straight-line distance. 4 registered projects within 2 km.

Builder: Murugesh Babu & Murugesh Raju

Murugesh Babu & Murugesh Raju has 1 registration on RERA Karnataka, including AAM LAYOUT. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Shivamogga district page.

Frequently asked questions

What are my rights if AAM LAYOUT is delayed beyond 31 Jul 2019?

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 AAM LAYOUT?

The registered promoter entity is Murugesh Babu & Murugesh Raju. 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 AAM LAYOUT?

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.

What should I check before booking in AAM LAYOUT?

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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