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Registration approved Plotted Development project

PARVATI LAYOUT

By MCP INFRA SERVICES AND PRODUCTS LLP AND LAXMI C MAHANTGOL AND OTHERS

RG-KA-52624 · RERA PRM/KA/RERA/1263/419/PR/210928/004304 · Last updated on RERA Karnataka portal: 9 Sep 2021

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
May 2023Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 79 documents Report an error

PARVATI LAYOUT is a Plotted Development project by MCP INFRA SERVICES AND PRODUCTS LLP AND LAXMI C MAHANTGOL AND OTHERS in Kalaburagi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1263/419/PR/210928/004304 on 28 Sep 2021. Possession is promised by 30 May 2023. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NamePARVATI LAYOUT
  • TypePlotted Development
  • Location
    • Kalaburagi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1263/419/PR/210928/004304
  • ReraGenie IDRG-KA-52624

Builder

  • NameMCP INFRA SERVICES AND PRODUCTS LLP AND LAXMI C MAHANTGOL AND OTHERS
  • Entity typePartnership Firm
  • Authorized SignatoryMAHADEVA C PATIL
  • OthersDRAKSHAYANI M PATIL
  • Declared earlier projects4 →

Key dates

this monthRegisteredSep 2021First promiseMay 2022Revised toMay 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on28 Sep 2021
  • Promised completion30 May 2023
  • Revised completionRevised to 30 May 2023 (originally 30 May 2022)
  • 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 ownership2

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

Land area12,141 sq m
Named landowners2
LandownerVillageDistrict
SMT. LAXMI W/O CHANDRAKALA MAHANTGOL--
SIDDARAM S/O MALLIKARJUNMAHANTGOL (SMT. CHANDRAKALA W/O SIDDARAM MAHANTGOL)--

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 75.00 lakh

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/1263/419/PR/230808/004304May 2022 → May 2023

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka

No complaints on record against this registration.

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/1263/419/PR/210928/004304 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
MEMOFile: Memo.pdf9 Sep 2021
Release DeedFile: Release Deed.pdf9 Sep 2021
RTC and MRFile: RTC and MUTATION COPY.pdf9 Sep 2021
RTCFile: RTC.pdf5 Mar 2021
Death CertificateFile: DEATH CERTIFICATE.pdf5 Mar 2021
Family TreeFile: FAMILY TREE.pdf5 Mar 2021
khatha and RTCFile: KHATA.pdf24 Feb 2021
Death CertificateFile: DEATH CERTIFICATE.pdf28 Jan 2021
Demarcated layout MAPFile: Demarcated layout MAP.pdf28 Jan 2021
ExtensionFile: Extn CC.pdf28 Jan 2021
Family TreeFile: FAMILY TREE.pdf28 Jan 2021
CA UDIN for 2018-19 financial statementFile: AUDIT REPORT 18-19.pdf15 Jan 2021
Partnership deedFile: Partnership Agreement.pdf15 Jan 2021
Development detailsFile: DEVELOPMENT DETAILS AND INVENTORY DEATAILS.pdf15 Jan 2021
Renewed planFile: Extn CC.pdf15 Jan 2021
CertificateFile: 01 -Company Incorporation Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: ARCH CERTIFCATE COMMPLETED.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: ENGG CERTIFCATE COMMPLETED.pdf-
CA Certificate for Funds UtilizationFile: CA Certificate Fund Utilisation.pdf-
Architect Certificate for Pending Work Completion Schedule.File: ARCH CERTIFCATE PENDING WORK.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: ENGG CERTIFCATE PENDING WORK.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Certificate Fund Requirement.pdf-
AffidavitFile: Affidavit for Extension.pdf-
Latest Encumbrance CertificateFile: EC.pdf-
Consent letter from 2/3rd of AllotteesFile: Consent Letter.pdf-
Details Of Sold/ Un-sold UnitsFile: Sold Details.xlsx-
Document 1File: Affidavit Section 18.pdf-
COMMENCEMENT CERTIFICATE-
APPROVEL LATTER-
APPROVED LAYOUT MAP-
Sale Deed and RTC-
CDP MAP-
PROJECT SPECIFICATION-
EC-
AFFIDAVIT OF NON-VIOLATION OF SECTION 3-
JDA AFFIDAVIT-
RTC-
JDA & GPA-
DECLARATION OF ALL NOCs-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Relinquishment Deed_compressed-
Unnamed document-
Unnamed document-
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Unnamed document-
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Unnamed document-
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Unnamed document-
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Unnamed document-
Unnamed document-
APPROVED LAYOUT MAP-
PROJECT SPECIFICATION-
Convertion Certificates-
Unnamed document-
Balance Sheet 2019 - 2020File: Balance Sheet 19-20.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 18-19.pdf-
Balance Sheet 2017 - 2018File: ITR DECLARATION.pdf-
Audited Profit and Loss Statement 2019 - 2020File: P&L 19-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P&L 18-19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: ITR DECLARATION.pdf-
Director's Report 2017 - 2018File: ITR DECLARATION.pdf-
Cash Flow Statement 2017 - 2018File: ITR DECLARATION.pdf-
Auditor's Report 2017 - 2018File: ITR DECLARATION.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITRV 19-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITRV 18-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR DECLARATION.pdf-
AFFIDAVIT OF FORM-B-
Plot Excel SheetFile: PRM_KA_RERA_1263_419_PR_210928_004304.xlsx-

Promoter's earlier projects4

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.

4 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
VAISHNOVI ENCLAVE-OngoingFeb 2025Not delivered
PARVATI SHETTY ENCLAVE-OngoingFeb 2024Not delivered
SUBLAXMI ENCLAVE-OngoingNov 2022Not delivered
MEENAKSHI NAGAR-OngoingDec 2020Not delivered

How this compares with Kalaburagi

32%of Kalaburagi projects moved their completion datethis one moved by 12 months
0%of Kalaburagi registrations are shown as withdrawn or revokedthis one is not

Computed across the 210+ Kalaburagi projects on ReraGenie, from their own filings.

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Builder: MCP INFRA SERVICES AND PRODUCTS LLP AND LAXMI C MAHANTGOL AND OTHERS

MCP INFRA SERVICES AND PRODUCTS LLP AND LAXMI C MAHANTGOL AND OTHERS has 1 registration on RERA Karnataka, including PARVATI LAYOUT. Its filings declare 4 earlier projects, none of them declared completed. Read the full track record. See more projects on the Kalaburagi district page.

Frequently asked questions

What are my rights if PARVATI LAYOUT is delayed beyond 30 May 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 PARVATI LAYOUT?

The registered promoter entity is MCP INFRA SERVICES AND PRODUCTS LLP AND LAXMI C MAHANTGOL AND OTHERS, 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 PARVATI LAYOUT?

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 PARVATI LAYOUT?

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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