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Registration approved Plotted Development project

GOLDEN PARK

By MOHAMMED HUSAIN MALAGI

RG-KA-30587 · RERA PRM/KA/RERA/1259/410/PR/190715/002685

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
Dec 2020Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 38 documents Report an error

GOLDEN PARK is a Plotted Development project by MOHAMMED HUSAIN MALAGI in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/410/PR/190715/002685 on 15 Jul 2019. Possession is promised by 31 Dec 2020. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameGOLDEN PARK
  • TypePlotted Development
  • Location
    • Dharwad
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1259/410/PR/190715/002685
  • ReraGenie IDRG-KA-30587

Builder

  • NameMOHAMMED HUSAIN MALAGI
  • Declared earlier projects1 →

Key dates

this monthRegisteredJul 2019First promiseMar 2020Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Jul 2019
  • Promised completion31 Dec 2020
  • Revised completionRevised to 31 Dec 2020 (originally 31 Mar 2020)
  • BuildingsNot stated in filing
  • Documents filed38 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 area47,145 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 2.10 cr

Extensions applied for1

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

ExtensionMar 2020 → Dec 2020

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed38

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/1259/410/PR/190715/002685 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
5 WORK ORDER-
6 PLOTPLAN APPROVED-
12 KGP-
NAVALUR SALE DEED-
NAVALUR SALE DEED-
13 Sale deed-
6 PLOTPLAN APPROVED-
6 PLOTPLAN APPROVED-
Allotment ltr-
7 Project Broucher-
Specification-
4 EC-
Affidavit-
10 KHATA-
6 PLOTPLAN APPROVED-
8 project specification-
14 NA ORDER-
15 Legal Opinion-
Balance Sheet 2017 - 2018File: 3 Balance Sheet 18-19.pdf-
Balance Sheet 2016 - 2017File: 2 Balance Sheet 17-18.pdf-
Balance Sheet 2015 - 2016File: Balance sheet.PDF-
Audited Profit and Loss Statement 2017 - 2018File: 3 Balance Sheet 18-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 2 Balance Sheet 17-18.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Profit & loss.PDF-
Director's Report 2017 - 2018File: 3 Balance Sheet 18-19.pdf-
Director's Report 2016 - 2017File: 2 Balance Sheet 17-18.pdf-
Director's Report 2015 - 2016File: Statement.PDF-
Cash Flow Statement 2017 - 2018File: 3 Balance Sheet 18-19.pdf-
Cash Flow Statement 2016 - 2017File: 2 Balance Sheet 17-18.pdf-
Auditor's Report 2017 - 2018File: 3 Balance Sheet 18-19.pdf-
Auditor's Report 2016 - 2017File: 2 Balance Sheet 17-18.pdf-
Auditor's Report 2015 - 2016File: Statement.PDF-
Income Tax Return Acknowledgement 2017 - 2018File: 3 Balance Sheet 18-19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: 2 Balance Sheet 17-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Ack_16 17.PDF-
FORM B AFFIDAVIT AND DECLARATION-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: Advt.JPG-

Promoter's earlier projects1

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.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Shantiniketan Heights Apartment-Completed-No date filed

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one moved by 9 months
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Builder: MOHAMMED HUSAIN MALAGI

MOHAMMED HUSAIN MALAGI has 1 registration on RERA Karnataka, including GOLDEN PARK. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if GOLDEN PARK is delayed beyond 31 Dec 2020?

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 GOLDEN PARK?

The registered promoter entity is MOHAMMED HUSAIN MALAGI. 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 GOLDEN PARK?

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 GOLDEN PARK?

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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