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Registration approved No litigation declared Plotted Development project

LAKSHYA TOWNSHIP

By V ARUL

RG-KA-27802 · RERA PRM/KA/RERA/1265/347/PR/200923/006273 · Last updated on RERA Karnataka portal: 12 Sep 2023

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Dec 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 88 documents Report an error

LAKSHYA TOWNSHIP is a Plotted Development project by V ARUL in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/347/PR/200923/006273 on 20 Sep 2023. Possession is promised by 31 Dec 2022.

At a glance

Project

  • NameLAKSHYA TOWNSHIP
  • TypePlotted Development
  • Location
    • Maluru
    • Kolar
    • 563130
  • Pincode563130
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1265/347/PR/200923/006273
  • ReraGenie IDRG-KA-27802

Builder

  • NameV ARUL
  • Entity typeOther ( Individual )
  • Authorized SignatoryV ARUL

Key dates

Registered
20 Sep 2023
Promised
31 Dec 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on20 Sep 2023
  • Promised completion31 Dec 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed88 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership1

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners1
LandownerVillageDistrict
V ARUL--

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 74.00 lakh
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 74.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerPRAVEEN J
Chartered AccountantVAITHIANATHAN MEENAKSHI SUNDAR

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed88

As listed on the registration, under the names the promoter filed them with; the newest 80 of 88 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1265/347/PR/200923/006273 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Grant order Office memorandumFile: Grant Certificate.pdf12 Sep 2023
Non Litigation AffidavitFile: Non Litigation Affidavit.pdf2 Sep 2023
Grant Order in the name of SavitrammaFile: Grant Order.pdf2 Sep 2023
IL in the nameof SavitrammaFile: Index of Land.pdf2 Sep 2023
MUTATION in the nameof SavitrammaFile: MUTATION.pdf2 Sep 2023
RTC in the nameof SavitrammaFile: RTC Sy No 489.pdf2 Sep 2023
Form 1 - CA CertificateFile: CA certificate.pdf2 Aug 2023
ITR 2019-20File: Arul V FY- 2019-20.pdf2 Aug 2023
ITR 2020-21File: Arul V FY- 2020-21.pdf2 Aug 2023
ITR 2021-22File: Arul V FY- 2021-22.pdf2 Aug 2023
Form 2 - Architect CertificateFile: Form - 2 Architect Certificate.pdf2 Aug 2023
Malur ZRFile: Malur ZR.pdf2 Aug 2023
CDPFile: CDP.pdf2 Aug 2023
No Litigation AffidavitFile: No Litigation Affidavit.pdf2 Aug 2023
Grant OrderFile: Grant Order.pdf2 Aug 2023
Development AgreementFile: Development Agreement Malur.pdf2 Aug 2023
All NOCsFile: All Nocs.pdf2 Aug 2023
Final Layout OrderFile: Final Layout Order.pdf2 Aug 2023
Final Release OrderFile: Final Release Order copy of Layout.pdf2 Aug 2023
Over Head TankFile: Over Head Tank.pdf2 Aug 2023
STPFile: STP Demarcation.pdf2 Aug 2023
Estimate CostFile: Estimate Cost.pdf2 Aug 2023
Allotment LetterFile: Proforma Allotment Letter.pdf2 Aug 2023
SpecificationsFile: Specification of the Layout.pdf2 Aug 2023
Sale AgreementFile: Agreement of Sale Proforma- for RERA.pdf2 Aug 2023
Grant OrderFile: Grant Order.pdf8 May 2023
All NOC'sFile: NOC.pdf8 May 2023
RTC, survey 489-
Mutation, survey 489-
Encumbrance Certificate, survey 489-
Conversion/Alienation Order, survey 489-
Sale/Title/Gift Deed, survey 489-
Khatha, survey 489-
Certificate issued by CA Form 1File: Cost Details.pdf-
Certificate issued by Engineer Form 3File: Form - 3 - Engineer Certificate.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: No Litigation Affidavit.pdf-
Certificate from Chartered AccountFile: Cost Details.pdf-
Certificate issued by ArchitectFile: Cost Details.pdf-
Balance Sheet 2021 - 2022File: Arul V FY- 2020-21_compressed.pdf-
Balance Sheet 2020 - 2021File: Arul V FY- 2020-21_compressed.pdf-
Balance Sheet 2019 - 2020File: Arul V FY- 2020-21_compressed.pdf-
Audited Profit and Loss Statement 2021 - 2022File: Arul V FY- 2020-21_compressed.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Arul V FY- 2020-21_compressed.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Arul V FY- 2020-21_compressed.pdf-
Director's Report 2021 - 2022File: Arul V FY- 2020-21_compressed.pdf-
Director's Report 2020 - 2021File: Arul V FY- 2020-21_compressed.pdf-
Director's Report 2019 - 2020File: Arul V FY- 2020-21_compressed.pdf-
Cash Flow Statement 2021 - 2022File: Arul V FY- 2020-21_compressed.pdf-
Cash Flow Statement 2020 - 2021File: Arul V FY- 2020-21_compressed.pdf-
Auditor's Report 2021 - 2022File: Arul V FY- 2020-21_compressed.pdf-
Auditor's Report 2020 - 2021File: Arul V FY- 2020-21_compressed.pdf-
Auditor's Report 2019 - 2020File: Arul V FY- 2020-21_compressed.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: Arul V FY- 2020-21_compressed.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: Arul V FY- 2020-21_compressed.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: Arul V FY- 2020-21_compressed.pdf-
Technical Sanction-
APPROVED LAYOUT PLAN-
APPROVED LAYOUT PLAN-
APPROVED LAYOUT PLAN-
APPROVED LAYOUT PLAN-
Legal Opinion-
Sale Deed-
Conversion Order-
Form B-
Affidavit 3-1-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one has not
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Other projects near Kolar190+ in Kolar

Builder: V ARUL

V ARUL has 1 registration on RERA Karnataka, including LAKSHYA TOWNSHIP. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if LAKSHYA TOWNSHIP is delayed beyond 31 Dec 2022?

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 LAKSHYA TOWNSHIP?

The registered promoter entity is V ARUL, an other ( individual ) 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 LAKSHYA TOWNSHIP?

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 LAKSHYA TOWNSHIP?

The professionals named in the filing: Engineer: PRAVEEN J; Chartered Accountant: VAITHIANATHAN MEENAKSHI SUNDAR. 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 LAKSHYA TOWNSHIP?

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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