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Registration approved No litigation declared Plotted Development project

MAHALAXMI LAYOUT 2

By ASHOK RAMU NANDANI

RG-KA-66209 · RERA PRM/KA/RERA/1249/367/PR/180823/006177 · Last updated on RERA Karnataka portal: 29 Jul 2023

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Jun 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 93 documents Report an error

MAHALAXMI LAYOUT 2 is a Plotted Development project by ASHOK RAMU NANDANI in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/367/PR/180823/006177 on 18 Aug 2023. Possession is promised by 20 Jun 2022.

At a glance

Project

  • NameMAHALAXMI LAYOUT 2
  • TypePlotted Development
  • Location
    • Chikkodi
    • Belagavi
    • 591287
  • Pincode591287
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1249/367/PR/180823/006177
  • ReraGenie IDRG-KA-66209

Builder

  • NameASHOK RAMU NANDANI
  • Entity typeOther ( INDIVIDUAL )
  • Authorized SignatoryASHOK RAMU NANDANI
  • Other registrations1 more →

Key dates

Registered
18 Aug 2023
Promised
20 Jun 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on18 Aug 2023
  • Promised completion20 Jun 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed93 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership2

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners2
LandownerVillageDistrict
ASHOK RAMU NANDANI--
ASIF BALASAHEB BAGAWAN--

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 72.17 lakh
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 72.17 lakh-

Certifying professionals and partners2

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

RoleName
EngineerMahesh Nerle
Chartered AccountantMEGENNAVAR & Co.

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed93

As listed on the registration, under the names the promoter filed them with; the newest 80 of 93 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/367/PR/180823/006177 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Deed of declaration executed between the ownersFile: Deed of Declaration.pdf29 Jul 2023
authorization document in favour of Ashok Nandani by Asif BagwanFile: Autorization by Bagwan to Nandani.pdf5 Jul 2023
EC from 01/05/2004 to till dateFile: EC from 01042004 to till date.pdf5 Jul 2023
renewed Engineer license certificateFile: Engineer renewed license.pdf5 Jul 2023
Water NOCFile: water connection noc nandani.pdf5 Jul 2023
sewer line drawingFile: sewer line drawing.pdf5 Jul 2023
clarification about sold and unsold plotsFile: about sold and unsold plots.pdf5 Jul 2023
advocate search reportFile: mahalaxmi layout 2 legal.pdf5 Jul 2023
Completion certificateFile: CC.pdf5 Jul 2023
ENG LICENSE CERTIFICATEFile: Eng License.pdf28 May 2023
SALE DEED 51/15File: Sale Deed Of Ashok Nandani.pdf28 May 2023
SALE DEED OF 51/6File: Sale Deed.pdf28 May 2023
JOINT AFFIDAVIT CUM DECLARATIONFile: Joint Affidavit cum declaration.pdf28 May 2023
MOU BETWEEN THE PARTIES FOR DEVELOPMENTFile: MOU.pdf28 May 2023
NOTARIZED NO LITIGATION AFFIDAVITFile: No litigation affidavit.pdf28 May 2023
REASON FOR DELAY OF START WORK OF LAYOUTFile: about reason for delay of start of project.pdf28 May 2023
Engineer certificate for completion of project in Form 6 completed formatFile: Eng Certificate for completion of project in prescribed format.pdf28 May 2023
about water and electricity NOC receiptFile: about Payment receipt for HESCOM and water.pdf28 May 2023
P & L, Balance sheet 2019-20 with CA UDIN alongwith scheduleFile: P & L, Balance sheet 19-20 with CA UDIN and schedule.pdf7 Apr 2023
P & L, Balance sheet 2020-21 with CA UDIN alongwith scheduleFile: P & L, Balance sheet 20-21 with CA UDIN and schedule.pdf7 Apr 2023
P & L, Balance sheet 2021-22 with CA UDIN alongwith scheduleFile: P & L, Balance sheet 21-22 with CA UDIN and schedule.pdf7 Apr 2023
source of fundFile: Source of funds.pdf7 Apr 2023
CDP mapFile: ABOUT CDP PLAN.pdf7 Apr 2023
about Architect certificateFile: Arch Certificate.pdf7 Apr 2023
Village mapFile: PT Sheet 1.pdf7 Apr 2023
Village MapFile: PT Sheet 2.pdf7 Apr 2023
sec 3 affidavit with project name and addressFile: Sec 3 affidavit with project name.pdf7 Apr 2023
draft of allotment letterFile: Draft of Allotment letter.pdf7 Apr 2023
format of agreement of saleFile: Agreement of Sale Proforma (2).pdf7 Apr 2023
RTC, survey 51/*/6-
Mutation, survey 51/*/6-
Encumbrance Certificate, survey 51/*/6-
Conversion/Alienation Order, survey 51/*/6-
Sale/Title/Gift Deed, survey 51/*/6-
Khatha, survey 51/*/6-
RTC, survey 51/*/15-
Mutation, survey 51/*/15-
Encumbrance Certificate, survey 51/*/15-
Conversion/Alienation Order, survey 51/*/15-
Sale/Title/Gift Deed, survey 51/*/15-
Khatha, survey 51/*/15-
Certificate issued by CA Form 1File: Form 1-CA_compressed.pdf-
Certificate issued by Engineer Form 3File: Form 3 Eng.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: No litigation affidavit.pdf-
Certificate from Chartered AccountFile: Form 1-CA_compressed.pdf-
Certificate issued by Architect-
Balance Sheet 2021 - 2022File: BALANCE SHEET 2021-22.pdf-
Balance Sheet 2020 - 2021File: BALANCE SHEET, P & L AND IT ACK 2020-21.pdf-
Balance Sheet 2019 - 2020File: Balance sheet, P and L and IT 2019-20.pdf-
Audited Profit and Loss Statement 2021 - 2022File: P and L 2021-22.pdf-
Audited Profit and Loss Statement 2020 - 2021File: BALANCE SHEET, P & L AND IT ACK 2020-21.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Balance sheet, P and L and IT 2019-20.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: IT ACK 2022-23.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: BALANCE SHEET, P & L AND IT ACK 2020-21.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: Balance sheet, P and L and IT 2019-20.pdf-
layout Order-
HESCOM NOC-
HESCOM NOC-
Layout plan-
Layout plan-
KJP plan-
KJP plan-
PROJECT SPECIFICATION-
KJP plan-
KJP plan-
MOU-
Sec 3 AFFIDAVIT-
Joint Affidavit cum declaration-
HESCOM NOC-
HESCOM NOC-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-

How this compares with Belagavi

24%of Belagavi projects moved their completion datethis one has not
0%of Belagavi registrations are shown as withdrawn or revokedthis one is not

Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.

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Other projects near Belagavi460+ in Belagavi

Builder: ASHOK RAMU NANDANI

ASHOK RAMU NANDANI has 2 registrations on RERA Karnataka, including MAHALAXMI LAYOUT 5 and MAHALAXMI LAYOUT 2. 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 MAHALAXMI LAYOUT 2 is delayed beyond 20 Jun 2022?

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 MAHALAXMI LAYOUT 2?

The registered promoter entity is ASHOK RAMU NANDANI, an other ( individual ) 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 MAHALAXMI LAYOUT 2?

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 MAHALAXMI LAYOUT 2?

The professionals named in the filing: Engineer: Mahesh Nerle; Chartered Accountant: MEGENNAVAR & Co.. 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 MAHALAXMI LAYOUT 2?

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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