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Registration approved Plotted Development project

Devanahalli Phase 1 Plots

By Lakepoint Builders Private Limited

RG-KA-85592 · RERA PRM/KA/RERA/1250/303/PR/201106/003695 · Last updated on RERA Karnataka portal: 3 Nov 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
Mar 2021Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 71 documents Report an error

Devanahalli Phase 1 Plots is a Plotted Development project by Lakepoint Builders Private Limited in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/201106/003695 on 6 Nov 2020. Possession is promised by 31 Mar 2021.

At a glance

Project

  • NameDevanahalli Phase 1 Plots
  • TypePlotted Development
  • Location
    • Devanahalli
    • Bengaluru Rural
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/303/PR/201106/003695
  • ReraGenie IDRG-KA-85592

Builder

  • NameLakepoint Builders Private Limited
  • Entity typeCompany
  • CINU70100MH2005PTC154588
  • Authorized SignatoryChethan BS
  • Other registrations5 more →
  • Declared earlier projects8 →

Key dates

this monthRegisteredNov 2020PromisedMar 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on6 Nov 2020
  • Promised completion31 Mar 2021
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed71 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 area10,320 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 8.66 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed71

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/1250/303/PR/201106/003695 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Reply to point 4: Attached Architect certificateFile: Architect Certificate -Plotted PH I-Plot 7-30.pdf3 Nov 2020
Reply to point 4: Attached Final Approval planFile: Final plotted approval plan.pdf3 Nov 2020
Reply to point 5: Attached Relinquishment DeedFile: Relinquishment Deed.pdf3 Nov 2020
CertificateFile: LBPL - COI.pdf-
BIAAPA - PHASE-1 PLOTTED LAYOUT RELEASE LETTER-
BIAAPA - PHASE-1 APPROVED PLOTTED LAYOUT RELEASE PLAN_ For rera Submission_MR (3)-
BIAAPA - PHASE-1 APPROVED PLOTTED LAYOUT RELEASE PLAN_ For rera Submission_MR (3)-
Proforma of Sale Deed-
Proforma of Agreement for Sale-
Land Sale Deed-
Not Appplicable-
BIAAPA - PHASE-1 APPROVED PLOTTED LAYOUT RELEASE PLAN_ For rera Submission_MR (3)-
Application Form-
Brochure-
Project Specification-
EC 2006 to 2020-
Not Appplicable-
Not Appplicable-
Khata Certificate-
Not Appplicable-
Unnamed document-
Conversion Order-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
BESCOM PLOTTED NOC_compressed-
WATER NOC FROM TMC - DEVANAHALLI-
KSPCB - CFE NOC EXTENSION OF VALIDITY RENEWED-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
BIAAPA - PHASE-1 APPROVED PLOTTED LAYOUT RELEASE PLAN_ For rera Submission_MR (3)-
Project Specification-
Conversion Order-
TSR-
Balance Sheet 2019 - 2020File: LBPL Balance Sheet March 2019.pdf-
Balance Sheet 2018 - 2019File: LBPL Balance Sheet March 2019.pdf-
Balance Sheet 2017 - 2018File: LBPL Balance Sheet March 2018.pdf-
Audited Profit and Loss Statement 2019 - 2020File: LBPL Audited P&L March 2019.pdf-
Audited Profit and Loss Statement 2018 - 2019File: LBPL Audited P&L March 2019.pdf-
Audited Profit and Loss Statement 2017 - 2018File: LBPL Audited P&L March 2018.pdf-
Director's Report 2019 - 2020File: LBPL - Directors Report - 2019.pdf-
Director's Report 2018 - 2019File: LBPL - Directors Report - 2019.pdf-
Director's Report 2017 - 2018File: LBPL - Director Report - FY 2017-18.pdf-
Cash Flow Statement 2019 - 2020File: LBPL Cashflow Statement March 2019.pdf-
Cash Flow Statement 2018 - 2019File: LBPL Cashflow Statement March 2019.pdf-
Auditor's Report 2019 - 2020File: LBPL Auditors Report March 2019.pdf-
Auditor's Report 2018 - 2019File: LBPL Auditors Report March 2019.pdf-
Auditor's Report 2017 - 2018File: LBPL Auditors Report March 2018.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 19-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: LBPL ITR March 19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: LBPL ITR March 18.pdf-
Form B Plotted Devnahalli-
Prospectus/BrochureFile: Plotted Development Brochure.pdf-
Advertisement Copy 1File: Devanahalli_Plotted_Development Ad Copy.jpg-
Plot Excel SheetFile: PRM_KA_RERA_1250_303_PR_201106_003695.xlsx-
Final plan technical sanction LetterFile: Annexure 2_100% release order.pdf-
Completion CertificateFile: Annexure 3_Completion Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Annexure 11_Affidavit Notarised - Completion of project - Plotted development.pdf-

Promoter's earlier projects4

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

4 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Clover Villas-OngoingNov 2022Not delivered
Vila 1C-OngoingMay 2022Not delivered
Villa 1B-OngoingDec 2021Not delivered
Villa 1A-OngoingDec 2021Not delivered

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one has not
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Rural650+ in Bengaluru Rural

2 kmDevanahalli Phase 1 PlotOther 29Dot size: filed unitsN

Filed coordinates, straight-line distance. 29 registered projects within 2 km.

Builder: Lakepoint Builders Private Limited

LAKEPOINT BUILDERS PRIVATE LIMITED has 6 registrations on RERA Karnataka, including Building No 9,10,11,12 and 13 and Building Nos. 8,9 (part), 28, 29. Its filings declare 8 earlier projects, none of them declared completed. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if Devanahalli Phase 1 Plots is delayed beyond 31 Mar 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 Devanahalli Phase 1 Plots?

The registered promoter entity is Lakepoint Builders Private Limited, a company as per the filing. Its CIN U70100MH2005PTC154588 can be cross-checked on the MCA and GST portals. 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 Devanahalli Phase 1 Plots?

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 Devanahalli Phase 1 Plots?

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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About Devanahalli Phase 1 Plots. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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