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Home / Browse projects / Bengaluru Urban, Karnataka / Mahaveer Palatium Sy No 41

Registration approved Plotted Development project

Mahaveer Palatium Sy No 41

By REDDY STRUCTURES PRIVATE LIMITED

RG-KA-85502 · RERA PRM/KA/RERA/1251/308/PR/220221/004719 · Last updated on RERA Karnataka portal: 19 Feb 2022

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
Aug 2022Possession promisedno revision filed
1Complaints at RERA Karnatakaon this registration
Jump to the 79 documents Report an error

Mahaveer Palatium Sy No 41 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/220221/004719 on 21 Feb 2022. Possession is promised by 31 Aug 2022. 1 complaint is on record with the regulator.

At a glance

Project

  • NameMahaveer Palatium Sy No 41
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/308/PR/220221/004719
  • ReraGenie IDRG-KA-85502

Builder

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

Key dates

this monthRegisteredFeb 2022PromisedAug 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on21 Feb 2022
  • Promised completion31 Aug 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed79 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.

Land area10,519 sq m
Named landowners1
LandownerVillageDistrict
KUMBALA PRAVEEN--

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 2.99 cr

Certifying professionals and partners2

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

RoleName
ArchitectTNS CHAKRAVARTHI
EngineerD GURAPPA

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
00540/2023-REDDY STRUCTURES PRIVATE LIMITED24/04/2023

Documents filed79

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/220221/004719 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Layout Plan with demarcationFile: 2 Layout Plan.pdf19 Feb 2022
Plan of Sy No 41 attached to adjacent planFile: 3 Plan Sy No 41 attached to main Layout.pdf19 Feb 2022
External LayoutFile: 4 SY 1 EXTERNAL LYT Model.pdf19 Feb 2022
STP 1File: STP 1.pdf19 Feb 2022
STP 2File: STP 2.pdf19 Feb 2022
STP 3File: STP 3.pdf19 Feb 2022
Allotment letterFile: Allotment letter.pdf19 Feb 2022
Proforma Agreement of SaleFile: Proforma Agreement of Sale.pdf19 Feb 2022
Request letterFile: Request Letter.pdf9 Dec 2021
Provisional Financial statementFile: Provisional RSPL.pdf9 Dec 2021
Reliquishment deedFile: Reliquishment deed.pdf9 Dec 2021
project specificationFile: Specification.pdf9 Dec 2021
water NocFile: Water NOC New Sy nos.pdf9 Dec 2021
BESCOM approvalFile: BESCOM NOC.pdf9 Dec 2021
CertificateFile: COI RSPL.pdf-
WORK ORDER SY NO -41-
Plan Sy No 41-
Plan Sy No 41-
Sy No 41 Sale agreement proporma-
Sy No 41 Sale agreement proporma-
Sale deed with RTC-
Plan Sy No 41-
Plan Sy No 41-
Allotment letter-
Sy no 41 Brochure-
Specification-
SY NO 41 EC-
Affidavit cum declaration Sy No 41-
Affidavit cum declaration Sy No 41-
Sale deed sy no 41-
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SANCTION Palatium big parcel-
Specification-
DC conversion 41-
Unnamed document-
Balance Sheet 2019 - 2020File: Balance sheet.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit and loss account.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit and loss account.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit and loss account.pdf-
Director's Report 2019 - 2020File: RSPL.pdf-
Director's Report 2018 - 2019File: Board Report RSPL.pdf-
Director's Report 2017 - 2018File: Notice Director's Report_Reddy Structures 2017-18.pdf-
Cash Flow Statement 2019 - 2020File: Cash flow.pdf-
Cash Flow Statement 2018 - 2019File: Cash Flow Statement.pdf-
Auditor's Report 2019 - 2020File: Audior Report.pdf-
Auditor's Report 2018 - 2019File: Auditor report.pdf-
Auditor's Report 2017 - 2018File: Auditor Report.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR RSPL.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: Reddy Structures ITR-1.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Income tax Acknowledgement.pdf-
Affdavit Sy no 41-
Appeal 1 Order CopyFile: 5135.jpeg-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: Brochure.pdf-
Plot Excel SheetFile: PRMKARERA1251308PR220221004719.xlsx-

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 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
mahaveer Turquoise-OngoingSep 2022Not delivered

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.

Keep Mahaveer Palatium Sy No 41 on your shortlist

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmMahaveer Palatium Sy No Other 5Dot size: filed unitsN

Filed coordinates, straight-line distance. 5 registered projects within 2 km.

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 Sy No 41 is delayed beyond 31 Aug 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 Mahaveer Palatium Sy No 41?

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 Sy No 41?

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 Sy No 41?

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 Palatium Sy No 41?

The professionals named in the filing: Architect: TNS CHAKRAVARTHI; Engineer: D GURAPPA. 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 Palatium Sy No 41?

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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