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Lotus Orchard
By Lotus Landmarks (I) Pvt Ltd
RG-KA-46318 · RERA PRM/KA/RERA/1249/447/PR/180111/000493
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.
Lotus Orchard is a Plotted Development project by Lotus Landmarks (I) Pvt Ltd in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/180111/000493 on 11 Jan 2018. Possession is promised by 31 Mar 2018.
At a glance
Project
- NameLotus Orchard
- TypePlotted Development
- Location
- Belagavi
- PincodeNot stated
- RERA no.PRM/KA/RERA/1249/447/PR/180111/000493
- ReraGenie IDRG-KA-46318
Builder
- NameLotus Landmarks (I) Pvt Ltd
- Entity typeCompany
- Authorized SignatorySatish Waman Giri
- DirectorNitin Ramakant Garpawar
- Other registrations3 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on11 Jan 2018
- Promised completion31 Mar 2018
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed32 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.
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed32
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/180111/000493 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: 1_Incorporation LLIPL.pdf | - |
| 9_Orchid CC | - |
| 17_layout Hindalga | - |
| 10_layout Hindalga 205 | - |
| 22_Sale Deed - Orchard - RERA Draft | - |
| 18_ATS Orchard -RERA Draft | - |
| 11_Land Docs and Location | - |
| 19_layout Hindalga | - |
| 12_developement plan | - |
| 20_Booking Form 2017 | - |
| 13_booklet | - |
| 21_noc | - |
| 14_Specs | - |
| 16_Encumbrance certificate | - |
| Balance Sheet 2015 - 2016File: 1_B L 16.pdf | - |
| Balance Sheet 2014 - 2015File: 1_B L 2015.pdf | - |
| Balance Sheet 2013 - 2014File: 1_B L 14.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: 2_P n L 16.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: 2_P L 2015.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: 2_P L 14.pdf | - |
| Director's Report 2015 - 2016File: 3_Directors report 16.pdf | - |
| Director's Report 2014 - 2015File: 3_DIRECTORS REPORT.pdf | - |
| Director's Report 2013 - 2014File: 3_Directors Report_14.pdf | - |
| Cash Flow Statement 2015 - 2016File: 4_Cash Flow statement 2016.pdf | - |
| Cash Flow Statement 2014 - 2015File: 4_Auditors Report.pdf | - |
| Auditor's Report 2015 - 2016File: 5_Audit Report_16.pdf | - |
| Auditor's Report 2014 - 2015File: 5_Casflow statement 2015.pdf | - |
| Auditor's Report 2013 - 2014File: 5_Auditors Report_14.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: 6_IT ACKL_16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: 6_IT_LLIPL_15.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: 6_IT ACK_14.pdf | - |
| 15_Orchid Form B | - |
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Builder: Lotus Landmarks (I) Pvt Ltd
Lotus Landmarks (I) Pvt Ltd has 4 registrations on RERA Karnataka, including Zenith and The one. 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 Lotus Orchard is delayed beyond 31 Mar 2018?
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 Lotus Orchard?
The registered promoter entity is Lotus Landmarks (I) Pvt Ltd, a company 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 Lotus Orchard?
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 Lotus Orchard?
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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