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Registration approved Plotted Development project

Mahalaxmi Layout

By Chidanand Athani

RG-KA-32471 · RERA PRM/KA/RERA/1249/367/PR/201029/003667 · Last updated on RERA Karnataka portal: 22 Oct 2020

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
Jul 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 37 documents Report an error

Mahalaxmi Layout is a Plotted Development project by Chidanand Athani in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/367/PR/201029/003667 on 29 Oct 2020. Possession is promised by 24 Jul 2022.

At a glance

Project

  • NameMahalaxmi Layout
  • TypePlotted Development
  • Location
    • Chikkodi
    • Belagavi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1249/367/PR/201029/003667
  • ReraGenie IDRG-KA-32471

Builder

  • NameChidanand Athani

Key dates

this monthRegisteredOct 2020PromisedJul 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Oct 2020
  • Promised completion24 Jul 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed37 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.

Land area8,195 sq m
Named landowners2
LandownerVillageDistrict
Subhash Nandani--
Sarojani Chidanada Athani--

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 44.00 lakh

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed37

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/1249/367/PR/201029/003667 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Joint affidavit cum DeclarationFile: Mahalaxmi Layout joint Affidavit.pdf22 Oct 2020
Form BFile: Form B.pdf16 Aug 2020
Conversion OrderFile: Conversion Order.pdf16 Aug 2020
MOUFile: MOU.pdf16 Aug 2020
Commencement CertificateFile: Commencement certificate.pdf16 Aug 2020
AffidavitFile: Affidavit.pdf16 Aug 2020
Project specificationsFile: PROJECT SPECIFICATION.pdf16 Aug 2020
Approved Layout Plan-
Approved Layout Plan-
Sale Deed And RTC-
EC-
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Income Tax Return Acknowledgement 2018 - 2019File: ITR-20-21.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR-19-20.pdf-

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

2 kmMahalaxmi LayoutOther 9Dot size: filed unitsN

Filed coordinates, straight-line distance. 9 registered projects within 2 km.

Builder: Chidanand Athani

Chidanand Athani has 1 registration on RERA Karnataka, including Mahalaxmi Layout. 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 is delayed beyond 24 Jul 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?

The registered promoter entity is Chidanand Athani. 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?

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 Mahalaxmi Layout?

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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