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Registration approved Residential/Group Housing project

Kanakagiri Mallikarjuna Nagara

By Praveen Kumar M V

RG-KA-67239 · RERA PRM/KA/RERA/1271/486/PR/190809/002779

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Dec 2020Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 54 documents Report an error

Kanakagiri Mallikarjuna Nagara is a Residential/Group Housing project by Praveen Kumar M V in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/486/PR/190809/002779 on 9 Aug 2019. Possession is promised by 11 Dec 2020. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameKanakagiri Mallikarjuna Nagara
  • TypeResidential/Group Housing
  • Location
    • Shivamogga
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1271/486/PR/190809/002779
  • ReraGenie IDRG-KA-67239

Builder

  • NamePraveen Kumar M V

Key dates

this monthRegisteredAug 2019First promiseDec 2019Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on9 Aug 2019
  • Promised completion11 Dec 2020
  • Revised completionRevised to 11 Dec 2020 (originally 12 Dec 2019)
  • Buildings1 building record
  • Documents filed54 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Kanakagiri Mallikarjuna Nagara---30030

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 area14,650 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 1.20 cr

Certifying professionals and partners2

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

RoleName
ArchitectG K Nagaraj
EngineerG K Nagaraj

Extensions applied for1

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

EX/PRM/KA/RERA/1271/486/PR/220620/002779Dec 2019 → Dec 2020

Reason as filed by the promoterFinancial crunch

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed54

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/1271/486/PR/190809/002779 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Architect Certificate for Work Completion Schedule till DateFile: Project Plan.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Civil Engineer Certificate.PDF-
CA Certificate for Funds UtilizationFile: BS (AY 18-19).PDF-
Architect Certificate for Pending Work Completion Schedule.File: Project Plan.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Civil Engineer Certificate.PDF-
CA Certificate for Funds required for Project CompletionFile: BS (AY 18-19).PDF-
AffidavitFile: Form 3B - Affidavit cum Declaration.pdf-
Latest Encumbrance CertificateFile: Encumbrance Certificate (Form 15).PDF-
Details Of Sold/ Un-sold UnitsFile: KMN - SoldUnsoldDetails.xlsx-
Document 1File: RERA - Kanakagiri Mallikarjuna Nagara (PRMKARERA1271486PR190809002779) (Certificate).jpg-
Document 2File: KMN - CA Certificate (2019).pdf-
Document 3File: KMN - Canara Bank Statement (9.1.20).pdf-
Document 4File: KMN - Affidavit Non-violation Section 3(1).pdf-
Document 5File: KMN - Form 3B (Affidavit cum Declaration).pdf-
Document 6File: KMN - Commencement Letter.pdf-
Document 7File: KMN - Projects Units Sold.pdf-
Shivamogga DC Office Approval Letter-
Project Plan-
Project Plan-
Proforma For Sale Deed-
Proforma of Agreement for Sale-
RTC and Sale Deed-
Project Plan-
Project Plan-
Project Brochure-
Project Plan-
Encumbrance Certificate (Form 15)-
Affidavit - Non-violation Section 3(1)-
Praveen Kumar M V - Affidavit cum Declaration-
RTC 4A9-
Letter from SUDA-
Project Plan-
Project Plan-
Balance Sheet 2017 - 2018File: BS (AY 18-19).PDF-
Balance Sheet 2016 - 2017File: BS (AY 17-18).PDF-
Balance Sheet 2015 - 2016File: BS (AY 16-17).PDF-
Audited Profit and Loss Statement 2017 - 2018File: BS (AY 18-19).PDF-
Audited Profit and Loss Statement 2016 - 2017File: BS (AY 17-18).PDF-
Audited Profit and Loss Statement 2015 - 2016File: BS (AY 16-17).PDF-
Director's Report 2017 - 2018File: BS (AY 18-19).PDF-
Director's Report 2016 - 2017File: BS (AY 17-18).PDF-
Director's Report 2015 - 2016File: BS (AY 16-17).PDF-
Cash Flow Statement 2017 - 2018File: BS (AY 18-19).PDF-
Cash Flow Statement 2016 - 2017File: BS (AY 17-18).PDF-
Auditor's Report 2017 - 2018File: BS (AY 18-19).PDF-
Auditor's Report 2016 - 2017File: BS (AY 17-18).PDF-
Auditor's Report 2015 - 2016File: BS (AY 16-17).PDF-
Income Tax Return Acknowledgement 2017 - 2018File: BS (AY 18-19).PDF-
Income Tax Return Acknowledgement 2016 - 2017File: BS (AY 17-18).PDF-
Income Tax Return Acknowledgement 2015 - 2016File: BS (AY 16-17).PDF-
Form 3B - Affidavit cum Declaration-
Prospectus/BrochureFile: KMN - Project Brochure.PDF-
Advertisement Copy 1File: KMN - Price Advertisement.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1271_486_PR_190809_002779.xlsx-

How this compares with Shivamogga

14%of Shivamogga projects moved their completion datethis one moved by 12 months
0%of Shivamogga registrations are shown as withdrawn or revokedthis one is not

Computed across the 140+ Shivamogga projects on ReraGenie, from their own filings.

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Other projects near Shivamogga140+ in Shivamogga

Builder: Praveen Kumar M V

Praveen Kumar M V has 1 registration on RERA Karnataka, including Kanakagiri Mallikarjuna Nagara. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Shivamogga district page.

Frequently asked questions

What are my rights if Kanakagiri Mallikarjuna Nagara is delayed beyond 11 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 Kanakagiri Mallikarjuna Nagara?

The registered promoter entity is Praveen Kumar M V. 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 Kanakagiri Mallikarjuna Nagara?

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 Kanakagiri Mallikarjuna Nagara?

The professionals named in the filing: Architect: G K Nagaraj; Engineer: G K Nagaraj. 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 Kanakagiri Mallikarjuna Nagara?

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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About Kanakagiri Mallikarjuna Nagara. 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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