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Registration approved Plotted Development project

MAANYA LOTUS

By MAANYA VENTURES & DEVELOPERS

RG-KA-03984 · RERA PRM/KA/RERA/1265/347/PR/180420/001516

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2020Possession promisedmoved 6 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 40 documents Report an error

MAANYA LOTUS is a Plotted Development project by MAANYA VENTURES & DEVELOPERS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/347/PR/180420/001516 on 20 Apr 2018. Possession is promised by 30 Sep 2020. The completion date has moved by 6 months from the original filing.

At a glance

Project

  • NameMAANYA LOTUS
  • TypePlotted Development
  • Location
    • Maluru
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/347/PR/180420/001516
  • ReraGenie IDRG-KA-03984

Builder

  • NameMAANYA VENTURES & DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryK S VENKATA REDDY
  • Other registrations3 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredApr 2018First promiseMar 2020Revised toSep 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on20 Apr 2018
  • Promised completion30 Sep 2020
  • Revised completionRevised to 30 Sep 2020 (originally 30 Mar 2020)
  • BuildingsNot stated in filing
  • Documents filed40 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 area13,505 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

Extensions applied for1

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

ExtensionMar 2020 → Sep 2020

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed40

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/1265/347/PR/180420/001516 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: MAANYA VENTURES & DEVELOPERS FIRM CERTIFICATE.pdf-
Document1-
DTCP LAYOUT APPROVAL COPY-
DTCP LAYOUT APPROVAL COPY-
PERFORMA SALE DEED-
PERFORMA SALE AGREEMENT-
Title Deed-
DTCP LAYOUT APPROVAL COPY-
DTCP LAYOUT APPROVAL COPY-
A L-
Document1-
Document1-
EC-
MAANYA LOTUS KATHA-
DTCP LAYOUT APPROVAL COPY-
DTCP LAYOUT APPROVAL COPY-
COMPRESSEDCONVERSION ORDER-
Balance Sheet 2016 - 2017File: BS 17-18.pdf-
Balance Sheet 2015 - 2016File: BS 16-17.pdf-
Balance Sheet 2014 - 2015File: BS 15-16.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Document1.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Document1.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Document1.pdf-
Director's Report 2016 - 2017File: Document1.pdf-
Director's Report 2015 - 2016File: Document1.pdf-
Director's Report 2014 - 2015File: Document1.pdf-
Cash Flow Statement 2016 - 2017File: Document1.pdf-
Cash Flow Statement 2015 - 2016File: Document1.pdf-
Auditor's Report 2016 - 2017File: Document1.pdf-
Auditor's Report 2015 - 2016File: Document1.pdf-
Auditor's Report 2014 - 2015File: Document1.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: MAANYA VENTURES &DEVELOPERS_17-Mar-2017_667243440.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: MAANYA VENTURES &DEVELOPERS_17-Mar-2017_667243440.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: MAANYA VENTURES &DEVELOPERS_17-Mar-2017_667200750.pdf-
Declaration-
Prospectus/BrochureFile: NEW BROCHURE MAANYA LOTUS .pdf-
Advertisement Copy 1File: NEW BROCHURE MAANYA LOTUS .pdf-
Plot Excel SheetFile: PRM_KA_RERA_1265_347_PR_180420_001516.xlsx-
Completion certificateFile: Form - 6.pdf-
Registered Agreement of SaleFile: Sale deeds.pdf-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one moved by 6 months
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: MAANYA VENTURES & DEVELOPERS

MAANYA VENTURES & DEVELOPERS has 4 registrations on RERA Karnataka, including Maanya Tulips and MAANYA LOTUS PHASE - IV. Its filings declare 3 earlier projects, 3 of them declared completed. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if MAANYA LOTUS is delayed beyond 30 Sep 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 MAANYA LOTUS?

The registered promoter entity is MAANYA VENTURES & DEVELOPERS, 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 MAANYA LOTUS?

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 MAANYA LOTUS?

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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