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MAHAVEER HORIZON
RG-KA-25561 · RERA PRM/KA/RERA/1251/446/PR/171019/000438
Source: official RERA Karnataka filing
Red flags
- 16 complaints at RERA Karnataka
Clear
- Completion date never moved
- Separate project account declared
Saved.
MAHAVEER HORIZON is a Plotted Development project by RED CORAL PROPERTIES in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171019/000438 on 19 Oct 2017. Possession is promised by 31 Dec 2018. 16 complaints are on record with the regulator.
At a glance
Project
- NameMAHAVEER HORIZON
- TypePlotted Development
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/446/PR/171019/000438
- ReraGenie IDRG-KA-25561
Builder
- NameRED CORAL PROPERTIES
- Entity typePartnership Firm
- Authorized SignatoryKUMBALA PRAVEEN
- DirectorKUMBALA PRAVEEN
- Other registrations3 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on19 Oct 2017
- Promised completion31 Dec 2018
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed36 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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | JAYAPRAKASH NARAYAN K |
| Engineer | I VEERAIAH |
Complaints filed with RERA Karnataka16
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CMP/220324/0009243 | - | RED CORAL PROPERTIES | 24/03/2022 |
| CMP/220905/0009976 | - | RED CORAL PROPERTIES | 05/09/2022 |
| CMP/221129/0010412 | - | RED CORAL PROPERTIES | 29/11/2022 |
| 00074/2023 | - | RED CORAL PROPERTIES | 17/01/2023 |
| 00095/2023 | - | RED CORAL PROPERTIES | 18/01/2023 |
| 00442/2023 | - | RED CORAL PROPERTIES | 10/04/2023 |
| 00485/2023 | - | RED CORAL PROPERTIES | 15/04/2023 |
| 00486/2023 | - | RED CORAL PROPERTIES | 15/04/2023 |
| 00499/2023 | - | RED CORAL PROPERTIES | 17/04/2023 |
| 00548/2023 | - | RED CORAL PROPERTIES | 25/04/2023 |
| 00936/2023 | - | RED CORAL PROPERTIES | 17/06/2023 |
| 01006/2023 | - | RED CORAL PROPERTIES | 28/06/2023 |
| 01008/2023 | - | RED CORAL PROPERTIES | 28/06/2023 |
| 01009/2023 | - | RED CORAL PROPERTIES | 28/06/2023 |
| 01010/2023 | - | RED CORAL PROPERTIES | 28/06/2023 |
| 01011/2023 | - | RED CORAL PROPERTIES | 28/06/2023 |
Documents filed36
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/1251/446/PR/171019/000438 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: Registration Certificate.pdf | - |
| scan copy (2) | - |
| scan copy (2) | - |
| scan copy (2) | - |
| Sale Deed- for plots - for RERA - Copy | - |
| Agreement of Sale - for plots - for RERA | - |
| Horizon Google map | - |
| scan copy (2) | - |
| scan copy (2) | - |
| Plots BOOKING FORM - ALLOTMENT - Copy | - |
| Horizon-brochure | - |
| Compressed NOC'S File | - |
| Project Specifications | - |
| mahaveer horizon ENCUMBERANCE CERT | - |
| RTC | - |
| Sale Deed | - |
| 01-conversion copys | - |
| Horizon BWSSB | - |
| Horizon KSPCB | - |
| Balance Sheet 2015 - 2016File: 02-balance sheet.pdf | - |
| Balance Sheet 2014 - 2015File: balance sheet.pdf | - |
| Balance Sheet 2013 - 2014File: Balance Sheet.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: 02-profit and loss account.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: Profit and loss account.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: Profit and Loss account.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: 06-ITR copy.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR Copy.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: ITR copy.pdf | - |
| Horizon-Affidavit | - |
| Prospectus/BrochureFile: Horizon VOW Leaflet_Size 21x21cm.pdf | - |
| Advertisement Copy 1File: Promenade_horizon.jpg | - |
| Plot Excel SheetFile: 8_Horizon-PRM_KA_RERA_1251_446_PR_171019_000438.xls.xlsx | - |
| Occupancy CertificateFile: HORIZON-ACKNOWLEDGEMENT.pdf | - |
| Completion certificateFile: HORIZON-ACKNOWLEDGEMENT.pdf | - |
| Registered Agreement of SaleFile: Agrrement to sale.pdf | - |
| Registered conveyance deed for an individual unitFile: Sale deed.pdf | - |
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Builder: RED CORAL PROPERTIES
RED CORAL PROPERTIES has 4 registrations on RERA Karnataka, including MAHAVEER CYGNET and MAHAVEER CARNATION. 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 HORIZON is delayed beyond 31 Dec 2018?
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 HORIZON?
The registered promoter entity is RED CORAL PROPERTIES, a partnership firm 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 MAHAVEER HORIZON?
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 HORIZON?
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 HORIZON?
The professionals named in the filing: Architect: JAYAPRAKASH NARAYAN K; Engineer: I VEERAIAH. 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 HORIZON?
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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