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Registration approved Plotted Development project

Maanya Lotus Phase 3

By Maanya Ventures & developers

RG-KA-84172 · RERA PRM/KA/RERA/1265/347/PR/191116/003022

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 38 documents Report an error

Maanya Lotus Phase 3 is a Plotted Development project by Maanya Ventures & developers in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/347/PR/191116/003022 on 16 Nov 2019. Possession is promised by 30 Sep 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameMaanya Lotus Phase 3
  • TypePlotted Development
  • Location
    • Maluru
    • Kolar
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1265/347/PR/191116/003022
  • ReraGenie IDRG-KA-84172

Builder

  • NameMaanya Ventures & developers
  • Entity typePartnership Firm
  • Authorized SignatorySanthosh Reddy Tadi
  • OthersSanthosh Reddy Tadi, KS Venkata Reddy, Sridevi, K Pruthvi Reddy
  • Other registrations3 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredNov 2019First promiseDec 2022Revised toSep 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 Nov 2019
  • Promised completion30 Sep 2023
  • Revised completionRevised to 30 Sep 2023 (originally 31 Dec 2022)
  • BuildingsNot stated in filing
  • Documents filed38 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 area12,291 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 2.80 cr

Certifying professionals and partners2

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

RoleName
ArchitectSpandana J
EngineerM.N.Lakshmi keshava

Extensions applied for1

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

ExtensionDec 2022 → Sep 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed38

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/191116/003022 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Parnership deed and Registration certificate_compressed.pdf-
Approval Letter - PHASE III DTCP ORDER Reduced-
Approval Layout Plan - PHASE III DTCP APPROVED PLAN COPY-
Approval Layout Plan - PHASE III DTCP APPROVED PLAN COPY-
Sale and RTC-
Approval Layout Plan - PHASE III DTCP APPROVED PLAN COPY-
Approval Layout Plan - PHASE III DTCP APPROVED PLAN COPY-
PANCHAYAT RELEASE ORDER-
Encumbrance Certificate-
Affidavit_compressed-
PHASE 3 KATHAS_compressed-
Title Certificate-
Reduced Conversion Copy-
Unnamed document-
Approval Layout Plan - PHASE III DTCP APPROVED PLAN COPY-
Approval Layout Plan - PHASE III DTCP APPROVED PLAN COPY-
Reduced Conversion Copy-
Balance Sheet 2017 - 2018File: AY 2018-19 - BS.pdf-
Balance Sheet 2016 - 2017File: AY 2017-18 - BS.pdf-
Balance Sheet 2015 - 2016File: AY 2016-17 - BS .pdf-
Audited Profit and Loss Statement 2017 - 2018File: AY 2018-19 - PL.pdf-
Audited Profit and Loss Statement 2016 - 2017File: AY 2017-18.pdf-
Audited Profit and Loss Statement 2015 - 2016File: AY 2016-17.pdf-
Auditor's Report 2017 - 2018File: AY 2018-19 - Audit Report.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: AY 2018-19 Acknowledgement.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: AY 2017-18 Acknowledgement.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: AY 2016-17 Acknowledgement.pdf-
Form B_compressed-
Plot Excel SheetFile: PRM_KA_RERA_1265_347_PR_191116_003022.xlsx-
Final plan technical sanction LetterFile: Architect's Certificate.pdf-
Final layout plan sanctionedFile: Approval Layout Plan - PHASE III DTCP APPROVED PLAN COPY.pdf-
Completion CertificateFile: Engineer's Certificate.pdf-
Site release order Copies(1st,2nd phase and final release order)File: Release Order.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment deed.pdf-
Chartered Accountant Certificate (Form-4)File: Form-4.pdf-
Architect's Certificate (Form-5)File: Architect's Certificate.pdf-
Engineer's Certificate (Form-6)File: Engineer's Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit.pdf-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one moved by 9 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

2 kmMaanya Lotus Phase 3Other 4Dot size: filed unitsN

Filed coordinates, straight-line distance. 4 registered projects within 2 km.

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 Phase 3 is delayed beyond 30 Sep 2023?

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 Phase 3?

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 Phase 3?

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 Maanya Lotus Phase 3?

The professionals named in the filing: Architect: Spandana J; Engineer: M.N.Lakshmi keshava. 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 Maanya Lotus Phase 3?

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 Maanya Lotus Phase 3. 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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