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LAXMI PARK
RG-KA-95410 · RERA PRM/KA/RERA/1249/447/PR/190219/002420
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
Saved.
LAXMI PARK is a Mixed Development project by SHIVALAYA CONSTRUCTIONS in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/190219/002420 on 19 Feb 2019. Possession is promised by 30 Jun 2019.
At a glance
Project
- NameLAXMI PARK
- TypeMixed Development
- Location
- Belagavi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1249/447/PR/190219/002420
- ReraGenie IDRG-KA-95410
Builder
- NameSHIVALAYA CONSTRUCTIONS
- Entity typePartnership Firm
- Authorized SignatoryBALASAHEB APPU NAIK
- OthersBALASAHEB APPU NAIK
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on19 Feb 2019
- Promised completion30 Jun 2019
- Revised completionNone
- Buildings1 building record
- Documents filed45 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| LAXMI PARK | - | - | - | - | - | 47 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities41
Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | Yes | - |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | Yes | - |
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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | M B GUNJIKAR |
| Engineer | VINAY JANARDAN BEHERE |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed45
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/190219/002420 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: deed of partnership.pdf | - |
| BUILDING PERMISSION | - |
| BUILDING APPROVED PLAN | - |
| APPROVED LAYOUT PLOTTING PLAN | - |
| SALE DEED DRAFT | - |
| PROFORMA OF AGREEMENT OF SALE | - |
| SALE DEED RTC | - |
| Infrastructure Plan | - |
| APPROVED LAYOUT PLOTTING PLAN | - |
| ALLOTMENT LETTER DRAFT | - |
| Specification C Property | - |
| ENCUMBRANCE CERTIFICATE | - |
| AFFID SEC 3 | - |
| EUTARA GP PROPERTY EXTRACT | - |
| JOINT DEVELOPMENT AGREEMENT | - |
| APPROVED LAYOUT PLOTTING PLAN | - |
| BUILDING APRROVED CERTIFICATE | - |
| NA COPY | - |
| Balance Sheet 2017 - 2018File: BS NA.pdf | - |
| Balance Sheet 2016 - 2017File: BS NA.pdf | - |
| Balance Sheet 2015 - 2016File: BS NA.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: BS NA.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: BS NA.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: BS NA.pdf | - |
| Director's Report 2017 - 2018File: BS NA.pdf | - |
| Director's Report 2016 - 2017File: BS NA.pdf | - |
| Director's Report 2015 - 2016File: BS NA.pdf | - |
| Cash Flow Statement 2017 - 2018File: BS NA.pdf | - |
| Cash Flow Statement 2016 - 2017File: BS NA.pdf | - |
| Auditor's Report 2017 - 2018File: BS NA.pdf | - |
| Auditor's Report 2016 - 2017File: BS NA.pdf | - |
| Auditor's Report 2015 - 2016File: BS NA.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: BS NA.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: BS NA.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: BS NA.pdf | - |
| DECLARATION FORM B-compressed | - |
| Prospectus/BrochureFile: Project Brochure_Laxmi Park.jpg | - |
| Tower Excel SheetFile: PRM_KA_RERA_1249_447_PR_190219_002420.xlsx | - |
| Stability CertificateFile: Engineer Certificate_LAXMI PARK.pdf | - |
| Occupancy CertificateFile: OC_LAXMI PARK.pdf | - |
| Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: Completion certificate_Electricity.pdf | - |
| Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: Water supply_NOC & Clearences.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: Architect_Certificate_LAXMI PARK.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: CA Certificate_Form 4cc_Project Final.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit cum declaration_Lakshmi Park.pdf | - |
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Builder: SHIVALAYA CONSTRUCTIONS
SHIVALAYA CONSTRUCTIONS has 2 registrations on RERA Karnataka, including LAXMI PARK and NAIK TOWER. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Belagavi district page.
Frequently asked questions
What are my rights if LAXMI PARK is delayed beyond 30 Jun 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 LAXMI PARK?
The registered promoter entity is SHIVALAYA CONSTRUCTIONS, 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 LAXMI 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.
Who certifies construction progress at LAXMI PARK?
The professionals named in the filing: Architect: M B GUNJIKAR; Engineer: VINAY JANARDAN 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 LAXMI 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; 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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