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Registration approved No litigation declared Plotted Development project

Mahaveer Hillstone

By Reddy Projects and Developers Private Limited

RG-KA-69809 · RERA PRM/KA/RERA/1251/310/PR/140223/005715 · Last updated on RERA Karnataka portal: 2 Feb 2023

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka

Clear

  • No litigation declared
  • Completion date never moved
  • Separate project account declared
Dec 2024Possession promisedno revision filed
1Complaints at RERA Karnatakaon this registration
Jump to the 94 documents Report an error

Mahaveer Hillstone is a Plotted Development project by Reddy Projects and Developers Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/140223/005715 on 14 Feb 2023. Possession is promised by 31 Dec 2024. 1 complaint is on record with the regulator.

At a glance

Project

  • NameMahaveer Hillstone
  • TypePlotted Development
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/140223/005715
  • ReraGenie IDRG-KA-69809

Builder

  • NameReddy Projects and Developers Private Limited
  • Entity typeCompany
  • CINU45200KA2012PTC063431
  • GSTIN29AAFCR9747R1Z5
  • Authorized SignatoryK Praveen
  • DirectorsK Praveen, V Vijay Bhaskara Reddy, Kiran Kumar V
  • Project HeadDakka Gurappa
  • Other registrations1 more →

Key dates

this monthRegisteredFeb 2023PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on14 Feb 2023
  • Promised completion31 Dec 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed94 files

The full filing

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

Land and ownership1

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

Named landowners1
LandownerVillageDistrict
Reddy Project and Developers Pvt Ltd--

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 10.50 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 8.00 cr-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 1.00 cr-
On-site expenditure-Consultants FeesRs 50.00 lakh-
On-site expenditure-Site OverheadRs 50.00 lakh-
Payment of taxesRs 50.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerD Gurappa
Chartered AccountantAshish Koppa

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
00776/2025-Reddy Projects and Developers Private Limited26/05/2025

Documents filed94

As listed on the registration, under the names the promoter filed them with; the newest 80 of 94 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/310/PR/140223/005715 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Form 1 CA CertificateFile: 1 Form 1 CA Certificate.pdf2 Feb 2023
CA MembershipFile: 3 CA Membership.pdf2 Feb 2023
Balance sheet with schedule 2021-22File: 4 Balance sheet with schedule 2021-22.pdf2 Feb 2023
Board report 2021-22File: 5 Board report 2021-22.pdf2 Feb 2023
Independent auditors report 2021-22File: 6 Independent auditors report 2021-22.pdf2 Feb 2023
IT ack 2021-22File: 7 IT ack 2021-22.pdf2 Feb 2023
profit and loss with schedule 2021-22File: 8 profit and loss with schedule 2021-22.pdf2 Feb 2023
Balance sheet 2020-21File: 9 Balance sheet 2020-21.pdf2 Feb 2023
Balance sheet schedule 2020-21File: 10 Balance sheet schedule 2020-21.pdf2 Feb 2023
Auditor report 2020-21File: 11 Auditor report 2020-21.pdf2 Feb 2023
IT Ack 2020-21File: 12 IT Ack 2020-21.pdf2 Feb 2023
Profit and loss for scheduleFile: 13 Profit and loss for schedule.pdf2 Feb 2023
RPDPL Financials 2021File: 14 RPDPL Financials 2021.pdf2 Feb 2023
Auditor report 2019-20File: 15 Auditor report 2019-20.pdf2 Feb 2023
Balance sheet with Schedule 2019-20File: 16 Balance sheet with Schedule 2019-20.pdf2 Feb 2023
IT Ack 2019-20File: 17 IT Ack 2019-20.pdf2 Feb 2023
Profit and loss with schedule 2019-20File: 18 Profit and loss with schedule 2019-20.pdf2 Feb 2023
Reddy Projects_Annual Report 2019-20File: 19 Reddy Projects_Annual Report 2019-20.pdf2 Feb 2023
Reddy Projects & Developers 2019-20File: 20 Reddy Projects & Developers 2019-20.pdf2 Feb 2023
Zoning_Regulations_RMP2015 Page 39File: 21 Zoning_Regulations_RMP2015 Page 39.pdf2 Feb 2023
Architect LicenseFile: 23 Architect License.pdf2 Feb 2023
Engineer Cost summaryFile: 24 Engineer Cost summary.pdf2 Feb 2023
Proforma Agreement of Sale HillstoneFile: 25 Proforma Agreement of Sale Hillstone.pdf2 Feb 2023
Village map survey sketchFile: 26 Village map survey sketch.jpeg2 Feb 2023
Village Map DemarcationFile: 27 Village Map Demarcation.pdf2 Feb 2023
RTC, survey 85-
Mutation, survey 85-
Encumbrance Certificate, survey 85-
Conversion/Alienation Order, survey 85-
Sale/Title/Gift Deed, survey 85-
Khatha, survey 85-
Registration CertificateFile: COI.pdf-
Organization StructureFile: Organization structure.pdf-
Certificate issued by CA Form 1File: 1 Form 1 CA Certificate.pdf-
Certificate issued by Engineer Form 3File: Form-3 Engg Certificate.pdf-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non-Litigation Affidavit.pdf-
Certificate from Chartered AccountFile: 1 Form 1 CA Certificate.pdf-
Certificate issued by ArchitectFile: Form-2 Arch Certificate.pdf-
Balance Sheet 2021 - 2022File: Provisional Balance sheet 2021-22.pdf-
Balance Sheet 2020 - 2021File: Balance sheet 2020-21.pdf-
Balance Sheet 2019 - 2020File: Balance Sheet 2020.pdf-
Audited Profit and Loss Statement 2021 - 2022File: Provisional Profit and Loss 2021-22.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Profit and loss 2020-21.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit and loss 2019-20.pdf-
Director's Report 2020 - 2021File: Directors Report 2020-21.pdf-
Director's Report 2019 - 2020File: Directors Report 2019-20.pdf-
Auditor's Report 2020 - 2021File: Auditor report 2020-21.pdf-
Auditor's Report 2019 - 2020File: Auditor report 2019-20.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: ITR 2020-21.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019-20.pdf-
BDA - Commencement Certificate-
BESCOM NOC-
Water NOC with fee paid receipt-
Sanction plan Mahaveer Hilstone-
Sanction plan Mahaveer Hilstone-
Sanction plan Mahaveer Hilstone-
Hill stone Specfication-
Hill stone Specfication-
Legal Opinion-
Change of Land use - Order-
Auction records & sketch-
Hillstome - Sale Agreement RERA-
Proforma Allotment Letter-
Form B Affidavit-
Sec 3(1) Affidavit-
BESCOM NOC-
Water NOC with fee paid receipt-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
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Unnamed document-
Unnamed document-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: Reddy Projects and Developers Private Limited

Reddy Projects and Developers Private Limited has 2 registrations on RERA Karnataka, including Mahaveer Hillstone and MAHAVEER MONTANE. 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 Mahaveer Hillstone is delayed beyond 31 Dec 2024?

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 Mahaveer Hillstone?

The registered promoter entity is Reddy Projects and Developers Private Limited, a company as per the filing. Its CIN U45200KA2012PTC063431 and GSTIN 29AAFCR9747R1Z5 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 Mahaveer Hillstone?

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.

How do I read the complaint cases filed against Mahaveer Hillstone?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at Mahaveer Hillstone?

The professionals named in the filing: Engineer: D Gurappa; Chartered Accountant: Ashish Koppa. 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 Mahaveer Hillstone?

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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