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Registration approved No litigation declared Mixed Development project

MAHALAXMI

By Land Trades Builders and Developers

RG-KA-85949 · RERA PRM/KA/RERA/1257/334/PR/040524/006849 · Last updated on RERA Karnataka portal: 13 Oct 2026

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 2028Possession promisedno revision filed
0 of 18Construction stages donefurthest along: Earth work and other leveling..., 90%
111 of 172Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 192 documents Report an error

MAHALAXMI is a Mixed Development project by Land Trades Builders and Developers in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/040524/006849 on 4 May 2024. Possession is promised by 1 Jun 2028. 61 of the 172 units on this registration are recorded sold or booked, and 0 of 18 construction stages are filed complete.

At a glance

Project

  • NameMAHALAXMI
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
    • 575003
  • Pincode575003
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/040524/006849
  • ReraGenie IDRG-KA-85949

Builder

  • NameLand Trades Builders and Developers
  • Entity typeProprietorship
  • GSTIN29AAJPH6778H1Z4
  • Authorized SignatoryK Shrinath Hebbar
  • Other registrations11 more →
  • Declared earlier projects17 →

Key dates

this monthRegisteredMay 2024PromisedJun 2028

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 May 2024
  • Promised completion1 Jun 2028
  • Revised completionNone
  • Buildings1 building record
  • Documents filed192 files

Current status

35%61 of 172 units booked
4.3%Of the estimated cost spent so far

Figures as on 13 Oct 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MAHALAXMI-----172

The full filing

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

Construction progress by building1

As on 13 Oct 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

0 of 18 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 90%.

Building: 21% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work90%
Foundation footing work90%
Upto Plinth Level90%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)90%
Retaining wall (All types)0%
RCC or MS Framed structure25%
Masonry Construction0%
Plastering inside , outside & Ceiling0%
Joinery: Doors, Windows, Ventilators etc0%
Basic work of Water supply, Sanitary and Electrification0%
Dadoing, Skirting, Flooring, Tiles work (All types)0%
Railing and Grill fixing0%
Electrification, Water supply and Sanitary Finishing0%
Painting0%
Fire prevention and fire fighting fitting and fixture with network0%
Weather Proof work(tile,concrete)0%
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work0%
Internal and External work including landscapes as per sanctioned drawings0%

Progress on shared amenities40

As on 13 Oct 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes0%
Sewage and Drainage SystemYes0%
Water conservation/rain water harvesting/recharge of ground waterYes0%
Energy managementYes0%
Fire protection and fire safety requirementsYes0%
Solid waste management and disposalYes0%
Emergency Evacuation servicesYes0%
Internal Roads & FootpathsYes0%
Electricity supply transformer and substationYes0%
Storm water drainsYes0%
Use of renewable energyYes0%
Sewage Treatment Plant (STP)Yes0%
Parks & Tree plantingYes0%
Street LightingYes0%
ElectricityYes0%
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes0%
Club HouseYes0%
Community HallNoNot applicable
Outdoor Sports facilityYes0%
Indoor Sports facilityYes0%
Swimming PoolYes0%
GymYes0%
ParksYes0%
Power BackupYes0%
Piped GasYes0%
Water and SanitationYes0%
Air ConditioningYes0%
StaircasesYes0%
LiftsYes0%
Corridor/LobbiesYes0%
Fire escapesYes0%
Common entrance and exit for the building/common portico/foyer/verandahYes0%
BasementYes0%
TerraceYes0%
Outer WallNoNot applicable
Open parking areasYes0%
Provision for lodging of management staff and security staffYes0%
Water conservation and renewable energyNoNot applicable
Common storage spacesYes0%

Land and ownership88

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

Land area5,947 sq m
Named landowners88
LandownerVillageDistrict
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--
K S Vishala Rao--
Nagendra K.S--
Kambla Shrinivas Krishna Rao--
R Veena--
Jyeshta M Rao--
Venkatesh Rao--
Muttikal Deepak Kudwa--
K Shrinath Hebbar--

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 150.66 cr
Cost incurredRs 6.51 cr
Spent of the estimate4.32%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 148.66 crRs 6.51 cr
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 72.00 lakh-
On-site expenditure-Salaries of workersRs 48.00 lakh-
Principal sum and interest payable to financial institutions-Scheduled BanksRs 30.00 lakh-
Payment of taxesRs 20.00 lakh-
Payment of feesRs 20.00 lakh-
On-site expenditure-Site OverheadRs 10.00 lakh-

Certifying professionals and partners5

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

RoleName
ArchitectSaurabh Chatterjee
ArchitectMr. Nandan N Bhat
EngineerShantilal Hastimal Jain
EngineerGokulraj
Chartered AccountantLaxmisha Rao K

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed192

As listed on the registration, under the names the promoter filed them with; the newest 80 of 192 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/040524/006849 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form-4-MLXQ2 26-27.pdf13 Oct 2026
Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Form 5 MLX Q2 26-27.pdf13 Oct 2026
Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form 6 MLX Q2 26-27.pdf13 Oct 2026
Q2 2026-27 Water supply and sewage board13 Oct 2026
Q2 2026-27 KSPCB- PCB (10 Acres to 125 Acres)13 Oct 2026
Q2 2026-27 KSPCB- MOEF (Above 50 Acres)13 Oct 2026
Q2 2026-27 KPTCL- BESCOM13 Oct 2026
Q2 2026-27 Fire and Safety13 Oct 2026
Q2 2026-27 Airport Authority of India13 Oct 2026
Q2 2026-27 BSNL/Telecommunication Department13 Oct 2026
Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: FORM 4 Mahalaxmi Q1 26-27.pdf14 Jul 2026
Q1 2026-27 Form-5 Certificate issued by ArchitectFile: Form 5 Mahalaxmi Q1 26-27.pdf14 Jul 2026
Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: FORM 6 MAHALAXMI Q1 26-27.pdf14 Jul 2026
Q1 2026-27 Water supply and sewage board14 Jul 2026
Q1 2026-27 KSPCB- PCB (10 Acres to 125 Acres)14 Jul 2026
Q1 2026-27 KSPCB- MOEF (Above 50 Acres)14 Jul 2026
Q1 2026-27 KPTCL- BESCOM14 Jul 2026
Q1 2026-27 Fire and Safety14 Jul 2026
Q1 2026-27 Airport Authority of India14 Jul 2026
Q1 2026-27 BSNL/Telecommunication Department14 Jul 2026
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 RERA Mahalaxmi Q4.pdf15 Apr 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Mahalaxmi Form 5 Q4 25-26.pdf15 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Mahalaxmi Form 6 25-26 Q4.pdf15 Apr 2026
Q4 2025-26 Water supply and sewage board15 Apr 2026
Q4 2025-26 KSPCB- PCB (10 Acres to 125 Acres)15 Apr 2026
Q4 2025-26 KSPCB- MOEF (Above 50 Acres)15 Apr 2026
Q4 2025-26 KPTCL- BESCOM15 Apr 2026
Q4 2025-26 Fire and Safety15 Apr 2026
Q4 2025-26 Airport Authority of India15 Apr 2026
Q4 2025-26 BSNL/Telecommunication Department15 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Mahalaxmi Form4 Q3 Signed.pdf2 Feb 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Mahalaxmi Form 5 25-26.pdf2 Feb 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Mahalaxmi Form6 Q3 2025-26.pdf2 Feb 2026
Q3 2025-26 Water supply and sewage board2 Feb 2026
Q3 2025-26 KSPCB- PCB (10 Acres to 125 Acres)2 Feb 2026
Q3 2025-26 KSPCB- MOEF (Above 50 Acres)2 Feb 2026
Q3 2025-26 KPTCL- BESCOM2 Feb 2026
Q3 2025-26 Fire and Safety2 Feb 2026
Q3 2025-26 Airport Authority of India2 Feb 2026
Q3 2025-26 BSNL/Telecommunication Department2 Feb 2026
Single plot layout.File: 03 Single plot layout.pdf4 May 2024
Single plot layout order.File: 04 Mahalaxmi Alake - Single site Order .pdf4 May 2024
certified carpet area calculation.File: 05 Certified Carpet area .pdf4 May 2024
CDP map showing the proposed site.File: 06 CDP Mahalaxmi.pdf4 May 2024
village map showing the proposed site.File: 07 Village MAP Mahalaxmi.pdf4 May 2024
Technical sanction orderFile: 8 Mahalaxmi - Setback Order - 28_2022-23.pdf4 May 2024
Upload commencement certificateFile: 8-1 Mahalaxmi commencement certificate.pdf4 May 2024
Upload relinquishment deedFile: 11 Mahalaxmi Alake - Relinquishment Deed.pdf4 May 2024
Upload development plan ordeFile: 12 Mahalaxmi Alake - Development Order .pdf4 May 2024
Plan 1 of 7File: 13 Plan 1 of 7.pdf4 May 2024
Plan 2 of 7File: 13-Plan 2 of 7.pdf4 May 2024
Plan 3 of 7File: 13- Plan 3 of 7.pdf4 May 2024
Plan 4&5 of 7File: 13- Plan 4&5 of 7.pdf4 May 2024
Plan 6 of 7File: 13-Plan 6 of 7.PDF4 May 2024
Plan 6 of 7File: 13-Plan 6 of 7.PDF4 May 2024
Plan 7 of 7File: 13-Plan 7 of 7.pdf4 May 2024
Plan 1A of 7File: 13-Plan 1A of 7.pdf4 May 2024
Note for KSPCB CFEFile: CFE.pdf4 May 2024
Note for SEIAAFile: SEIAA.pdf4 May 2024
Note for commencement certificateFile: Note for commencement certiifcate.pdf4 May 2024
Brekup & no. of unitsFile: Breakup & no of units.pdf4 May 2024
RTC, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Mutation, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Encumbrance Certificate, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Conversion/Alienation Order, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Sale/Title/Gift Deed, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Khatha, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
RTC, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Mutation, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Encumbrance Certificate, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Conversion/Alienation Order, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Sale/Title/Gift Deed, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
Khatha, survey "R.S.No.679 -T.S. No. -520 (520/P8) "-
RTC, survey "R.S.No.679 -T.S. No. 520 (520/P1) "-
Mutation, survey "R.S.No.679 -T.S. No. 520 (520/P1) "-
Encumbrance Certificate, survey "R.S.No.679 -T.S. No. 520 (520/P1) "-
Conversion/Alienation Order, survey "R.S.No.679 -T.S. No. 520 (520/P1) "-
Sale/Title/Gift Deed, survey "R.S.No.679 -T.S. No. 520 (520/P1) "-
Khatha, survey "R.S.No.679 -T.S. No. 520 (520/P1) "-
RTC, survey "R.S.No.688-B3-T.S. No. 530-B3 (530/B3P5) "-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Emarald BaySurathkal MangaloreCompleted-No date filed

How this compares with Dakshina Kannada

35%of this project is bookeddistrict median 38%
30%of Dakshina Kannada projects moved their completion datethis one has not
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

2 kmMAHALAXMIOther 87Dot size: filed unitsN

Filed coordinates, straight-line distance. 87 registered projects within 2 km.

Builder: Land Trades Builders and Developers

Land Trades Builders and Developers has 12 registrations on RERA Karnataka, including MAHALAXMI and Laxmi Govind. Its filings declare 17 earlier projects, 13 of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if MAHALAXMI is delayed beyond 1 Jun 2028?

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?

The registered promoter entity is Land Trades Builders and Developers, a proprietorship as per the filing. Its GSTIN 29AAJPH6778H1Z4 can be cross-checked on the MCA and GST portals. 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?

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?

The professionals named in the filing: Architect: Saurabh Chatterjee; Architect: Mr. Nandan N Bhat; Engineer: Shantilal Hastimal Jain; Engineer: Gokulraj; Chartered Accountant: Laxmisha Rao K. 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?

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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