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Registration approved Plotted Development project

Bhumi's Lakhsmi Kubera Enclave

By N.R.MADHUSUDHANA REDDY

RG-KA-61667 · RERA PRM/KA/RERA/1265/341/PR/190829/002828

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 44 documents Report an error

Bhumi's Lakhsmi Kubera Enclave is a Plotted Development project by N.R.MADHUSUDHANA REDDY in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/341/PR/190829/002828 on 29 Aug 2019. Possession is promised by 27 Jun 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameBhumi's Lakhsmi Kubera Enclave
  • TypePlotted Development
  • Location
    • Srinivasapura
    • Kolar
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1265/341/PR/190829/002828
  • ReraGenie IDRG-KA-61667

Builder

  • NameN.R.MADHUSUDHANA REDDY

Key dates

this monthRegisteredAug 2019First promiseSep 2020Revised toJun 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Aug 2019
  • Promised completion27 Jun 2021
  • Revised completionRevised to 27 Jun 2021 (originally 27 Sep 2020)
  • BuildingsNot stated in filing
  • Documents filed44 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 area6,272 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 16.93 lakh

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionSep 2020 → Jun 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed44

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/1265/341/PR/190829/002828 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Plan Licence-
Renewed Plan-
PDF LAYOUT PLAN-
SALE DEED AND RTC-
COMMENCEMENT CERTIFICATEPROJECT SPECIFICATIONS--
LAYOUT BROCHURE-
Specification-
EC FORM 01-04-2013-
SECTION 3-
Khatha-
Conversion copY (2)-
BESCOM CERTIFICATE-
NOC FOR WATER SUPPLY-
LAYOUT PLAN-
LAYOUT PLAN-
CONVERSION COPY-page-1-
Balance Sheet 2016 - 2017File: ITR ASSESSMENT YEAR 2017-18-Balance sheet.jpg-
Balance Sheet 2015 - 2016File: ITR ASSESSMENT YEAR 2016-17-Balance Sheet.jpg-
Balance Sheet 2014 - 2015File: ITR ASSESSMENT YEAR 2015-16-Balance Sheet.jpg-
Audited Profit and Loss Statement 2016 - 2017File: ITR ASSESSMENT YEAR 2017-18-Profit and loss.jpg-
Audited Profit and Loss Statement 2015 - 2016File: ITR ASSESSMENT YEAR 2016-17-Profit And Loss.jpg-
Audited Profit and Loss Statement 2014 - 2015File: ITR ASSESSMENT YEAR 2015-16-Profit And loss.jpg-
Cash Flow Statement 2016 - 2017File: ITR ASSESSMENT YEAR 2017-18-Statement of income.jpg-
Cash Flow Statement 2015 - 2016File: ITR ASSESSMENT YEAR 2016-17-Statement of Income.jpg-
Auditor's Report 2016 - 2017File: ITR ASSESSMENT YEAR 2016-17-Audit Report.jpg-
Auditor's Report 2015 - 2016File: ITR ASSESSMENT YEAR 2016-17-Audit Report.jpg-
Auditor's Report 2014 - 2015File: ITIR 2015-2016 AUDITORS FORM.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR ASSESSMENT YEAR 2017-18-Aknowledgement 1.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: ITR ASSESSMENT YEAR 2016-17-Aknowledgement.jpg-
Income Tax Return Acknowledgement 2014 - 2015File: ITR ASSESSMENT YEAR 2015-16-Aknowledgement.jpg-
Form B-
Prospectus/BrochureFile: brochure.pdf-
Advertisement Copy 1File: brochure.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1265_341_PR_190829_002828.xlsx-
Final plan technical sanction LetterFile: Release final.pdf-
Final layout plan sanctionedFile: IMG_20181222_100440.jpg-
Completion CertificateFile: Completion.pdf-
Site release order Copies(1st,2nd phase and final release order)File: Release final.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: BESCOM permission.pdf-
Brief description of Water supply and Underground drainage worksFile: Water line expenditure .pdf-
Chartered Accountant Certificate (Form-4)File: CA certi.pdf-
Engineer's Certificate (Form-6)File: Eng certi.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: affidavit.pdf-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one moved by 9 months
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Builder: N.R.MADHUSUDHANA REDDY

N.R.MADHUSUDHANA REDDY has 1 registration on RERA Karnataka, including Bhumi's Lakhsmi Kubera Enclave. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if Bhumi's Lakhsmi Kubera Enclave is delayed beyond 27 Jun 2021?

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 Bhumi's Lakhsmi Kubera Enclave?

The registered promoter entity is N.R.MADHUSUDHANA REDDY. 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 Bhumi's Lakhsmi Kubera Enclave?

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 Bhumi's Lakhsmi Kubera Enclave?

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; why the completion date was revised and what the new timeline depends on.

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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