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Registration approved Residential/Group Housing project

GURU KRUPA RESIDENCY

By MAHANTESH

RG-KA-89331 · RERA PRM/KA/RERA/1249/447/PR/171208/002080

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
Dec 2017Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 31 documents Report an error

GURU KRUPA RESIDENCY is a Residential/Group Housing project by MAHANTESH in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/171208/002080 on 8 Dec 2017. Possession is promised by 29 Dec 2017.

At a glance

Project

  • NameGURU KRUPA RESIDENCY
  • TypeResidential/Group Housing
  • Location
    • Belagavi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1249/447/PR/171208/002080
  • ReraGenie IDRG-KA-89331

Builder

  • NameMAHANTESH
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredDec 2017PromisedDec 2017

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Dec 2017
  • Promised completion29 Dec 2017
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed31 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 area604 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 3.25 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectRAMESH G T
EngineerVINAY BEHERE

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed31

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/1249/447/PR/171208/002080 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
8. PERMISSION LETTER FROM AUTHORITIES-
LAYOUT PLAN-
LAYOUT PLAN-
PROFARMA sale_deed-
PROFARMA sale_deed-
Joint Development Agreement-
LAYOUT PLAN-
LAYOUT PLAN-
7 GURUKRUPA RESIDENCY BRO-
PROJECT SPECIFICATION final-
ENCOMBERANCE final-
CTS EXTRACT-
Joint Development Agreement-
NA ORDER COPY-
8. PERMISSION LETTER FROM AUTHORITIES-
5.BUILDING PERMISSION-
8. PERMISSION LETTER FROM AUTHORITIES-
Unnamed document-
SECTIONAL DRAWINGS-1-
LAYOUT PLAN-
SECTIONAL DRAWINGS-1-
Balance Sheet 2015 - 2016File: 2015-16 BALANCESHEET AND P&L.pdf-
Balance Sheet 2014 - 2015File: 2014-15 BALANCE SHEET & PL.pdf-
Balance Sheet 2013 - 2014File: 2013-14 BALANCESHEET AND P&L AC.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2015-16 BALANCESHEET AND P&L.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2014-15 BALANCE SHEET & PL.pdf-
Audited Profit and Loss Statement 2013 - 2014File: 2013-14 BALANCESHEET AND P&L AC.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 2015-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 2013-14.pdf-
FORM- B-

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
OM RESIDENCY-Completed-No date filed

How this compares with Belagavi

24%of Belagavi projects moved their completion datethis one has not
0%of Belagavi registrations are shown as withdrawn or revokedthis one is not

Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.

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Other projects near Belagavi460+ in Belagavi

Builder: MAHANTESH

MAHANTESH has 2 registrations on RERA Karnataka, including GURU KRUPA RESIDENCY and KINGS COURT EXTN. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Belagavi district page.

Frequently asked questions

What are my rights if GURU KRUPA RESIDENCY is delayed beyond 29 Dec 2017?

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 GURU KRUPA RESIDENCY?

The registered promoter entity is MAHANTESH. 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 GURU KRUPA RESIDENCY?

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.

Who certifies construction progress at GURU KRUPA RESIDENCY?

The professionals named in the filing: Architect: RAMESH G T; Engineer: VINAY BEHERE. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in GURU KRUPA RESIDENCY?

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 GURU KRUPA RESIDENCY. 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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