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Registration approved Plotted Development project

MEENAKSHI PEARL

By MEENAKSHI DEVELOPER BANGALORE PRIVATE LIMITED

RG-KA-48839 · RERA PRM/KA/RERA/1265/347/PR/190427/002533

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 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 36 documents Report an error

MEENAKSHI PEARL is a Plotted Development project by MEENAKSHI DEVELOPER BANGALORE PRIVATE LIMITED in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/347/PR/190427/002533 on 27 Apr 2019. Possession is promised by 1 Jul 2018.

At a glance

Project

  • NameMEENAKSHI PEARL
  • TypePlotted Development
  • Location
    • Maluru
    • Kolar
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1265/347/PR/190427/002533
  • ReraGenie IDRG-KA-48839

Builder

  • NameMEENAKSHI DEVELOPER BANGALORE PRIVATE LIMITED
  • Entity typeCompany
  • CINU45400KA2006PTC038865
  • Authorized SignatoryHEMANTH GOYAL
  • DirectorPREETHAM GOYEL

Key dates

Registered
27 Apr 2019
Promised
1 Jul 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on27 Apr 2019
  • Promised completion1 Jul 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.

Land area57,060 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 11.00 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

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/1265/347/PR/190427/002533 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: meenakshi developers change name certificate.pdf-
RERA NA-
plan-
Meenakshi Pearl -
RERA NA-
RERA NA-
Sale Deed & Rtc-
RERA NA-
RERA NA-
RERA NA-
RERA NA-
RERA NA-
EC & EXTRA Document-
KHATHA-
RERA NA-
RERA NA-
RERA NA-
RERA NA-
Balance Sheet 2016 - 2017File: Balance sheet 310317.pdf-
Balance Sheet 2015 - 2016File: balance sheet 310316.pdf-
Balance Sheet 2014 - 2015File: balance sheet 310315.pdf-
Audited Profit and Loss Statement 2016 - 2017File: RERA NA.jpg-
Audited Profit and Loss Statement 2015 - 2016File: annual report 310316.pdf-
Audited Profit and Loss Statement 2014 - 2015File: financial report 31315.pdf-
Director's Report 2016 - 2017File: RERA NA.jpg-
Director's Report 2015 - 2016File: financial report 310316.pdf-
Director's Report 2014 - 2015File: directors report 310315.pdf-
Cash Flow Statement 2016 - 2017File: RERA NA.jpg-
Cash Flow Statement 2015 - 2016File: audit report 310316.pdf-
Auditor's Report 2016 - 2017File: RERA NA.jpg-
Auditor's Report 2015 - 2016File: audit report 310316.pdf-
Auditor's Report 2014 - 2015File: audit report 310315.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: RERA NA.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: ITR acknowledgement 310316.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR acknowledgement 310315.pdf-
RERA NA-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one has not
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Builder: MEENAKSHI DEVELOPER BANGALORE PRIVATE LIMITED

MEENAKSHI DEVELOPER BANGALORE PRIVATE LIMITED has 1 registration on RERA Karnataka, including MEENAKSHI PEARL. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if MEENAKSHI PEARL is delayed beyond 1 Jul 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 MEENAKSHI PEARL?

The registered promoter entity is MEENAKSHI DEVELOPER BANGALORE PRIVATE LIMITED, a company as per the filing. Its CIN U45400KA2006PTC038865 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 MEENAKSHI PEARL?

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.

What should I check before booking in MEENAKSHI PEARL?

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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About MEENAKSHI PEARL. 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.

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