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MAHALAKSHMI PROJECTS
By G VENUGOPAL
RG-KA-33894 · RERA PRM/KA/RERA/1251/309/PR/171208/002253
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
Saved.
MAHALAKSHMI PROJECTS is a Plotted Development project by G VENUGOPAL in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171208/002253 on 8 Dec 2017. Possession is promised by 30 Sep 2020. The completion date has moved by 6 months from the original filing.
At a glance
Project
- NameMAHALAKSHMI PROJECTS
- TypePlotted Development
- Location
- Bengaluru North
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/309/PR/171208/002253
- ReraGenie IDRG-KA-33894
Builder
- NameG VENUGOPAL
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on8 Dec 2017
- Promised completion30 Sep 2020
- Revised completionRevised to 30 Sep 2020 (originally 31 Mar 2020)
- BuildingsNot stated in filing
- Documents filed33 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.
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed33
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/1251/309/PR/171208/002253 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| All NOC from various authorities | - |
| Plan | - |
| Plan | - |
| Proforma for sale deed | - |
| Proforma for agreement for sale | - |
| Sale Deed & RTC | - |
| Approved Plan | - |
| Approved Plan | - |
| Proforma for agreement for sale | - |
| Specifications | - |
| EC | - |
| RTC | - |
| Mahalakshmi JDA | - |
| Conversion | - |
| Approved Plan | - |
| Approved Plan | - |
| Balance Sheet 2016 - 2017File: Balance Sheet FY 15-16.PDF | - |
| Balance Sheet 2015 - 2016File: Balance Sheet FY 14-15.PDF | - |
| Balance Sheet 2014 - 2015File: Balance Sheet FY 13-14.PDF | - |
| Auditor's Report 2016 - 2017File: Auditors Report FY 15-16.PDF | - |
| Auditor's Report 2015 - 2016File: Auditors Report FY 14-15.PDF | - |
| Auditor's Report 2014 - 2015File: Auditors Report FY 13-14.PDF | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR Acknowledgement FY 15-16.PDF | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR Acknowledgement FY 14-15.PDF | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR Acknowledgement FY 13-14.PDF | - |
| Form B | - |
| Prospectus/BrochureFile: New Microsoft Office Word Document.pdf | - |
| Advertisement Copy 1File: New Microsoft Office Word Document.pdf | - |
| Plot Excel SheetFile: Plot details.xlsx | - |
| Occupancy CertificateFile: Approved Plan_1508743829297.PDF | - |
| Completion certificateFile: Release letter.pdf | - |
| Registered Agreement of SaleFile: Mahalakshmi JDA_1510745258981.pdf | - |
| Registered conveyance deed for an individual unitFile: Mahalakshmi JDA_1510745258981.pdf | - |
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Builder: G VENUGOPAL
G VENUGOPAL has 1 registration on RERA Karnataka, including MAHALAKSHMI PROJECTS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if MAHALAKSHMI PROJECTS 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 MAHALAKSHMI PROJECTS?
The registered promoter entity is G VENUGOPAL. 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 MAHALAKSHMI PROJECTS?
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 MAHALAKSHMI PROJECTS?
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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