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Registration approved Residential/Group Housing project

Mangesh Residency

By Shashi Developers

RG-KA-89427 · RERA PRM/KA/RERA/1249/447/PR/210319/004041 · Last updated on RERA Karnataka portal: 8 Mar 2021

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Jul 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 71 documents Report an error

Mangesh Residency is a Residential/Group Housing project by Shashi Developers in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/210319/004041 on 19 Mar 2021. Possession is promised by 1 Jul 2023.

At a glance

Project

  • NameMangesh Residency
  • TypeResidential/Group Housing
  • Location
    • Belagavi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1249/447/PR/210319/004041
  • ReraGenie IDRG-KA-89427

Builder

  • NameShashi Developers
  • Entity typePartnership Firm
  • Authorized SignatoryAjay C Pujar
  • OthersNeelam B Guttigoli
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMar 2021PromisedJul 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Mar 2021
  • Promised completion1 Jul 2023
  • Revised completionNone
  • Buildings1 building record
  • Documents filed71 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Mangesh Residency---16016

The full filing

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

Construction progress by building1

As on 8 Mar 2021, 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.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 8 Mar 2021, 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 SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes-
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupNoNot applicable
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

Land and ownership2

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

Land area1,003 sq m
Named landowners2
LandownerVillageDistrict
Lata Ajit Herwadkar--
Sharada Shantaram Kulkarni--

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 4.04 cr

Certifying professionals and partners2

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

RoleName
ArchitectRahul Patil
EngineerAjay Pujar

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed71

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/1249/447/PR/210319/004041 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
balance sheet of 2019-20 with CA UDINFile: balance sheet 2019-2020.pdf8 Mar 2021
Profit and loss 2019-20 with CA UDINFile: p&l 2019-2020.pdf8 Mar 2021
title deed for Lata HerwadkarFile: title deed.pdf8 Mar 2021
title deed for Sharda HerwadkarFile: Will with its translation.pdf8 Mar 2021
khata in the name of present owner as Lata Herwadkar and Sharda HerwadkarFile: Khata.pdf8 Mar 2021
CertificateFile: Firm certificate.pdf-
commencement certificate-
Building permission plan-
Not yet done-
Not yet done-
sale deed shashi (1)-
Building permission plan-
Building permission plan-
Not yet done-
Not yet done-
project specification (1)-
nil encumbrance-
affidavit 3(1) shashi (2)-
AFF cum declaration-converted-
Form2 MR (2)-
jd shashi developers (1)-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
KSPCB (1) (1)-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Building permission plan-
Building permission plan-
Unnamed document-
Balance Sheet 2019 - 2020File: balance sheet shashi 2019-2020.pdf-
Balance Sheet 2018 - 2019File: BALANCE SHEET 18-19 (1).pdf-
Balance Sheet 2017 - 2018File: BALANCE SHEET 2017-18 (1).pdf-
Audited Profit and Loss Statement 2019 - 2020File: p&l 2019-2020_4 (1).pdf-
Audited Profit and Loss Statement 2018 - 2019File: P&L 2018-19 (1).pdf-
Audited Profit and Loss Statement 2017 - 2018File: p&l 2017-18.pdf-
Cash Flow Statement 2019 - 2020File: cash flow shashi 2019-2020-converted.pdf-
Cash Flow Statement 2018 - 2019File: cash flow 2018-19 (1).pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ack 2019-2020_1 (1).pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ack 2018-19 (1) (1).pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ack 2017-18.pdf-
Form B-
Prospectus/BrochureFile: BROCHURE.pdf-
Advertisement Copy 1File: NO ADVERTISEMENT COPY.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1249_447_PR_210319_004041 (2).xlsx-
Road cutting permission letter issued by the planning Authority for laying Water supply line, sanitary line, UFile: Completion Certificate.pdf-
Occupancy CertificateFile: Completion Certificate.pdf-
Consent for operation issued by KSPCBFile: KSPCB 14082019.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Completion Certificate.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: Completion Certificate.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: Completion Certificate.pdf-
Architect certificate for having completed the work(in format no 5)File: Archetect Certificate No-5 Project Completion (2).pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Form-4 CC Mangesh Residency_compressed.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Notorized Affidavit.pdf-

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
Kalyan Residency-Completed-No date filed

How this compares with Belagavi

24%of Belagavi projects moved their completion datethis one has not
0%of Belagavi registrations are shown as withdrawn or revokedthis one is not

Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.

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Other projects near Belagavi460+ in Belagavi

2 kmMangesh ResidencyOther 46Dot size: filed unitsN

Filed coordinates, straight-line distance. 46 registered projects within 2 km.

Builder: Shashi Developers

SHASHI DEVELOPERS has 2 registrations on RERA Karnataka, including ARVINDUM RESIDENCY and Mangesh Residency. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Belagavi district page.

Frequently asked questions

What are my rights if Mangesh Residency is delayed beyond 1 Jul 2023?

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 Mangesh Residency?

The registered promoter entity is Shashi Developers, 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 Mangesh Residency?

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 Mangesh Residency?

The professionals named in the filing: Architect: Rahul Patil; Engineer: Ajay Pujar. 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 Mangesh Residency?

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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