ReraGenieLog inGet a buyer report

Home / Browse projects / Bengaluru Urban, Karnataka / MAHAVEER PALATIUM

Registration approved Plotted Development project

MAHAVEER PALATIUM

By REDDY STRUCTURES PRIVATE LIMITED

RG-KA-90150 · RERA PRM/KA/RERA/1251/308/PR/171015/000357 · Last updated on RERA Karnataka portal: 19 Jan 2021

Source: official RERA Karnataka filing

Red flags

  • 76 complaints at RERA Karnataka
  • Completion date moved by 12 months
  • 2 extensions taken

Clear

  • Separate project account declared
Aug 2020Possession promisedmoved 12 months from the original
76Complaints at RERA Karnatakaon this registration
Jump to the 60 documents Report an error

MAHAVEER PALATIUM is a Plotted Development project by REDDY STRUCTURES PRIVATE LIMITED in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171015/000357 on 15 Oct 2017. Possession is promised by 31 Aug 2020. The completion date has moved by 12 months from the original filing. 76 complaints are on record with the regulator.

At a glance

Project

  • NameMAHAVEER PALATIUM
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/171015/000357
  • ReraGenie IDRG-KA-90150

Builder

  • NameREDDY STRUCTURES PRIVATE LIMITED
  • Entity typeCompany
  • CINU07010KA2002PTC031181
  • Authorized SignatoryKUMBALA PRAVEEN
  • DirectorsKUMBALA BHAGYA LAXMI, KUMBALA PRAVEEN
  • Other registrations10 more →
  • Declared earlier projects25 →

Key dates

this monthRegisteredOct 2017First promiseAug 2019Revised toAug 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Oct 2017
  • Promised completion31 Aug 2020
  • Revised completionRevised to 31 Aug 2020 (originally 31 Aug 2019)
  • BuildingsNot stated in filing
  • Documents filed60 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.

Land area492,031 sq m
Named landownersNone

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 164.09 cr

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionAug 2019 → Feb 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1251/308/PR/210401/000357Feb 2021 → Aug 2020

Reason as filed by the promoterAwaiting Approvals

Complaints filed with RERA Karnataka76

Case no.ComplainantRespondentFiled
CMP/211012/0008432-REDDY STRUCTURES PRIVATE LIMITED12/10/2021
CMP/211027/0008477-REDDY STRUCTURES PRIVATE LIMITED27/10/2021
CMP/211227/0008751-REDDY STRUCTURES PRIVATE LIMITED27/12/2021
CMP/220107/0008773-REDDY STRUCTURES PRIVATE LIMITED07/01/2022
CMP/220112/0008778-REDDY STRUCTURES PRIVATE LIMITED12/01/2022
CMP/220118/0008818-REDDY STRUCTURES PRIVATE LIMITED18/01/2022
CMP/220122/0008850-REDDY STRUCTURES PRIVATE LIMITED22/01/2022
CMP/220122/0008851-REDDY STRUCTURES PRIVATE LIMITED22/01/2022
CMP/220124/0008856-REDDY STRUCTURES PRIVATE LIMITED24/01/2022
CMP/220125/0008865-REDDY STRUCTURES PRIVATE LIMITED25/01/2022
CMP/220125/0008867-REDDY STRUCTURES PRIVATE LIMITED25/01/2022
CMP/220125/0008868-REDDY STRUCTURES PRIVATE LIMITED25/01/2022
CMP/220125/0008869-REDDY STRUCTURES PRIVATE LIMITED25/01/2022
CMP/220126/0008873-REDDY STRUCTURES PRIVATE LIMITED26/01/2022
CMP/220126/0008876-REDDY STRUCTURES PRIVATE LIMITED26/01/2022
CMP/220129/0008885-REDDY STRUCTURES PRIVATE LIMITED29/01/2022
CMP/220202/0008896-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008897-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008898-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008899-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008900-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008901-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008902-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008903-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008904-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008905-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008906-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008907-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008908-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008909-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008910-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008911-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008913-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008914-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008915-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008916-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008917-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008918-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220202/0008919-REDDY STRUCTURES PRIVATE LIMITED02/02/2022
CMP/220203/0008932-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220203/0008934-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220203/0008937-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220203/0008938-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220203/0008939-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220203/0008941-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220203/0008942-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220203/0008943-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220203/0008944-REDDY STRUCTURES PRIVATE LIMITED03/02/2022
CMP/220204/0008945-REDDY STRUCTURES PRIVATE LIMITED04/02/2022
CMP/220204/0008946-REDDY STRUCTURES PRIVATE LIMITED04/02/2022
CMP/220204/0008947-REDDY STRUCTURES PRIVATE LIMITED04/02/2022
CMP/220204/0008948-REDDY STRUCTURES PRIVATE LIMITED04/02/2022
CMP/220204/0008949-REDDY STRUCTURES PRIVATE LIMITED04/02/2022
CMP/220204/0008958-REDDY STRUCTURES PRIVATE LIMITED04/02/2022
CMP/220204/0008959-REDDY STRUCTURES PRIVATE LIMITED04/02/2022
CMP/220204/0008961-REDDY STRUCTURES PRIVATE LIMITED04/02/2022
CMP/220205/0008962-REDDY STRUCTURES PRIVATE LIMITED05/02/2022
CMP/220207/0008978-REDDY STRUCTURES PRIVATE LIMITED07/02/2022
CMP/220207/0008980-REDDY STRUCTURES PRIVATE LIMITED07/02/2022
CMP/220207/0008981-REDDY STRUCTURES PRIVATE LIMITED07/02/2022

Documents filed60

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/1251/308/PR/171015/000357 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Change of Bank account request approvedFile: Change of bank request approval.pdf19 Jan 2021
Bank StatementsFile: Accounts statement FEb.pdf19 Jan 2021
CertificateFile: Certificate of Incorporation RSPL.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate - Work Completion.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate-work Completion.pdf-
CA Certificate for Funds UtilizationFile: CA-FUND UTILIZATION CERTIFICATE.PDF-
Architect Certificate for Pending Work Completion Schedule.File: Architect Certificate - pending work.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate-pending work.pdf-
CA Certificate for Funds required for Project CompletionFile: CA-CERTIFICATE FOR FUNDS REQUIRED.PDF-
AffidavitFile: RERA Affidavit.pdf-
Latest Encumbrance CertificateFile: EC -Palatium.pdf-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails Palatium.xlsx-
NOC DetailsFile: Water Supply NOC.pdf-
NOC DetailsFile: KSPCB-NOC-17.06.2013.pdf-
Document 1File: Bank statement palatium.pdf-
Document 2File: Kannada affidavit palatium.pdf-
Document 3File: Comencement Certificate.pdf-
Document 4File: Bank account change screen shot.pdf-
Document 5File: Affidavit Extension Templet 6.pdf-
Document 6File: Relinqueshment deed.pdf-
Document 7File: Consent.pdf-
Plan sanction-
SANCTION SCAN COPY-
SANCTION SCAN COPY-
Sale Deed- for plots - for RERA - Copy-
Agreement of Sale - for plots - for RERA-
Palatium Google map-
SANCTION SCAN COPY-
SANCTION SCAN COPY-
Plots BOOKING FORM - ALLOTMENT - Copy-
Palatium-brochure-
All NOCs-
140418-PALATIUM PROJECT AMENITIES AND SPECIFICATIONS-
mahaveer palatium ENCUMBERANCE CERTIFICATE-
Sy no 10-
sy no 10-
BWSSB-NOC-
KSPCB-NOC-
SANCTION SCAN COPY-
Balance Sheet 2015 - 2016File: Balance Sheet.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 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-
Director's Report 2015 - 2016File: Directors Report.pdf-
Director's Report 2014 - 2015File: Directors Report.pdf-
Director's Report 2013 - 2014File: Directors Report.pdf-
Cash Flow Statement 2015 - 2016File: cash flow statement.pdf-
Cash Flow Statement 2014 - 2015File: cash flow statement.pdf-
Auditor's Report 2015 - 2016File: Audit Report.pdf-
Auditor's Report 2014 - 2015File: Audit Report.pdf-
Auditor's Report 2013 - 2014File: Audit Report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR copy.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Tax Filing Ackn.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: IT RETURN ACKNOWLEDGEMENT.pdf-
Palatium-Affidavit-
Prospectus/BrochureFile: Palatium Leaflet 24.8.18.pdf-
Advertisement Copy 1File: Multiple.jpg-
Plot Excel SheetFile: 9_Palatium-PRM_KA_RERA_1251_308_PR_171015_000357.xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 months
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.

Keep MAHAVEER PALATIUM on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Prestige Park Grove

PRESTIGE PROJECTS PRIVATE LIMITED

3,715 units · 83% booked

Registration approvedPossession 31 Dec 2027

Prestige Lakeside Habitat

Prestige Habitat Ventures

3,697 units

Registration approvedPossession 31 Jan 2020

LivingTree by Kalyani Developers

Kalyani Tech Park Private Limited

2,736 units · 84% booked

Registration approvedPossession 15 Sep 2029

PRESTIGE FALCON CITY

PRESTIGE NOTTINGHILL INVESTMENTS

2,524 units

Registration approvedPossession 31 Mar 2020

SATTVA CITY

SATTVA CITY PRIVATE LIMITED

2,477 units · 17% booked

Registration approvedPossession 28 Feb 2032

GM AMBITIOUS ENCLAVE

M/s. Allam Infinite India Private Limited

2,359 units

Registration approvedPossession 30 Jul 2025

See every Bengaluru Urban project, with the district possession charts

Builder: REDDY STRUCTURES PRIVATE LIMITED

REDDY STRUCTURES PRIVATE LIMITED has 11 registrations on RERA Karnataka, including MAHAVEER PALATIUM and Mahaveer Palatium Sy No 41. Its filings declare 25 earlier projects, 8 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if MAHAVEER PALATIUM is delayed beyond 31 Aug 2020?

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 PALATIUM?

The registered promoter entity is REDDY STRUCTURES PRIVATE LIMITED, a company as per the filing. Its CIN U07010KA2002PTC031181 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 PALATIUM?

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 PALATIUM?

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.

What should I check before booking in MAHAVEER PALATIUM?

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; why the completion date was revised and what the new timeline depends on.

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.

Report an error Share feedback

Report an error or share feedback

About MAHAVEER PALATIUM. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save MAHAVEER PALATIUM to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.