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Registration approved Plotted Development project

Midmac "Silver Oak"

By Midmac Developers Pvt Ltd

RG-KA-16377 · RERA PRM/KA/RERA/1259/410/PR/171026/000306

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jan 2018Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 47 documents Report an error

Midmac "Silver Oak" is a Plotted Development project by Midmac Developers Pvt Ltd in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/410/PR/171026/000306 on 26 Oct 2017. Possession is promised by 5 Jan 2018. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameMidmac "Silver Oak"
  • TypePlotted Development
  • Location
    • Dharwad
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1259/410/PR/171026/000306
  • ReraGenie IDRG-KA-16377

Builder

  • NameMidmac Developers Pvt Ltd
  • Entity typeCompany
  • Authorized SignatoryJahangir Nooha Shaikh
  • OthersJahangir Nooha Shaikh
  • Other registrations1 more →
  • Declared earlier projects6 →

Key dates

this monthRegisteredOct 2017First promiseJan 2017Revised toJan 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 Oct 2017
  • Promised completion5 Jan 2018
  • Revised completionRevised to 5 Jan 2018 (originally 5 Jan 2017)
  • BuildingsNot stated in filing
  • Documents filed47 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 area44,515 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 1.80 cr

Extensions applied for1

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

EX/PRM/KA/RERA/1259/410/PR/220608/000306Jan 2017 → Jan 2018

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed47

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/1259/410/PR/171026/000306 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: MDPL certifcate of registration.PDF-
Certificate form Architect,Engineer,CA etc.File: Silver oak case lokur.pdf-
Architect Certificate for Work Completion Schedule till DateFile: ARCHITECT CERTIFICATE WORK COMPLETE.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer`s Certificate Completed work.pdf-
CA Certificate for Funds UtilizationFile: CA Fund utilisation certificate-SO.pdf-
Architect Certificate for Pending Work Completion Schedule.File: ARCHITECT CERTIFICATE PENDING WORK.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer`s Certificate Pending work.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Cert for fund required-SO.pdf-
AffidavitFile: Silver Oak Form B Affidavit.pdf-
Latest Encumbrance Certificate-
Consent letter from 2/3rd of Allottees-
Details Of Sold/ Un-sold UnitsFile: Silver oak- SoldUnsoldDetails.xlsx-
Commencement Certificate-
Approved Building - Plotting Plan-
Approved Layout Plan-
Proforma For Sale Deed-
Proforma For Sale Agreement-
Land Documents and Location-
Approved Section of Building - Infrastructure Plan of Plotting-
Area Development Plan of Project Area-
Proforma Of Allotment Letter-
Brochure Of Current Project-
All NOCs From Authority-
Project Specification-
Encumbrance Certificate-
Conversion Order-
Balance Sheet 2015 - 2016File: Balance Sheet 2015-16.pdf-
Balance Sheet 2014 - 2015File: MDPL Balance Sheet Year 2014-15.pdf-
Balance Sheet 2013 - 2014File: MDPL Balance Sheet Year 2013-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P and L 2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: MDPL P and L Year 2014-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: MDPL P and L Year 2013-14.pdf-
Director's Report 2015 - 2016File: Self Dec for RERA doc.PDF-
Director's Report 2014 - 2015File: Self Dec for RERA doc.PDF-
Director's Report 2013 - 2014File: Director Report and MGT 2014.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement 2015-16.pdf-
Cash Flow Statement 2014 - 2015File: MDPL Cash Flow Statement Year 2014-15.pdf-
Auditor's Report 2015 - 2016File: MDPL Auditor Report 2015-16.pdf-
Auditor's Report 2014 - 2015File: Auditor report 2015.pdf-
Auditor's Report 2013 - 2014File: Auditor report 2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Self Dec for RERA doc.PDF-
Income Tax Return Acknowledgement 2014 - 2015File: IT Ack FY 2014-15.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: IT Ack F Y 2013-14.pdf-
Declatation - Form B Affidavit-
Prospectus/BrochureFile: Brochure of current project.pdf-
Advertisement Copy 1File: Brochure of current project.pdf-
Plot Excel SheetFile: Midmac Silver Oak-PRM_KA_RERA_1259_410_PR_171026_000306.xlsx-

Promoter's earlier projects3

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.

3 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Midmac 'PALM MEADOWS'-CompletedJul 2017No date filed
METRO PARK-CompletedJul 2017No date filed
HILTON PARK-CompletedJul 2017No date filed

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one moved by 12 months
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Other projects near Dharwad250+ in Dharwad

Builder: Midmac Developers Pvt Ltd

Midmac Developers Pvt Ltd has 2 registrations on RERA Karnataka, including Midmac "Silver Oak" and Midmac ' Orange County'. Its filings declare 6 earlier projects, 6 of them declared completed. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if Midmac "Silver Oak" is delayed beyond 5 Jan 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 Midmac "Silver Oak"?

The registered promoter entity is Midmac Developers Pvt Ltd, a company 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 Midmac "Silver Oak"?

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 Midmac "Silver Oak"?

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.

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About Midmac "Silver Oak". 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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