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Registration approved Plotted Development project

Gurukul II stage

By Laxmi Sai Investments

RG-KA-99906 · RERA PRM/KA/RERA/1259/410/PR/190427/002531

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 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 37 documents Report an error

Gurukul II stage is a Plotted Development project by Laxmi Sai Investments in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/410/PR/190427/002531 on 27 Apr 2019. Possession is promised by 31 Dec 2019.

At a glance

Project

  • NameGurukul II stage
  • TypePlotted Development
  • Location
    • Dharwad
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1259/410/PR/190427/002531
  • ReraGenie IDRG-KA-99906

Builder

  • NameLaxmi Sai Investments
  • Entity typePartnership Firm
  • Authorized SignatoryJayaram S.Shetty
  • Other registrations5 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredApr 2019PromisedDec 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on27 Apr 2019
  • Promised completion31 Dec 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed37 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 area5,294 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 1.00 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed37

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/190427/002531 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: 20170731_110453.jpg-
LAYOUT COPY 647 SITE-
LAYOUT COPY 647 SITE-
LAYOUT COPY 647 SITE-
PURCHASE DEED 647 SITE-
20170731_172306-
OWNER DEED 647 SITE 3-
LAYOUT COPY 647 SITE-
LAYOUT COPY 647 SITE-
20170731_172306-
20170731_172306-
20171113_171531-
20170731_172306-
20170731_180245-
II RTC-
20170731_172306-
Balance Sheet 2015 - 2016File: B S 2015-16.pdf-
Balance Sheet 2014 - 2015File: B S 2014-15.pdf-
Balance Sheet 2013 - 2014File: B S 2013-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L 2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L 2014-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P&L 2013-14.pdf-
Director's Report 2015 - 2016File: 20170731_172306.jpg-
Director's Report 2014 - 2015File: 20170731_172306.jpg-
Director's Report 2013 - 2014File: 20170731_172306.jpg-
Cash Flow Statement 2015 - 2016File: 20170731_172306.jpg-
Cash Flow Statement 2014 - 2015File: 20170731_172306.jpg-
Auditor's Report 2015 - 2016File: 3CB AND 3CD 2015-16.pdf-
Auditor's Report 2014 - 2015File: 3CB AND 3CD 2014-15.pdf-
Auditor's Report 2013 - 2014File: 3CB AND 3CD 2013-14.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR - V 2015-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR-V 2014-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR - V 2013-14.pdf-
Temp00001-
Prospectus/BrochureFile: LAYOUT COPY 647 SITE.pdf-
Advertisement Copy 1File: LAYOUT COPY 647 SITE.pdf-
Plot Excel SheetFile: PRMKARERA1259410PR190427002531.xlsx-

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one has not
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: Laxmi Sai Investments

LAXMI SAI INVESTMENTS has 6 registrations on RERA Karnataka, including JOLAD ENCLAV and GURUKUL I STAGE. 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 Gurukul II stage is delayed beyond 31 Dec 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 Gurukul II stage?

The registered promoter entity is Laxmi Sai Investments, a partnership firm as per the filing. 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 Gurukul II stage?

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 Gurukul II stage?

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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