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Pearl Apartment
By MAC Builders and Developers
RG-KA-89360 · RERA PRM/KA/RERA/1249/447/PR/190913/002862
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 9 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
Saved.
Pearl Apartment is a Residential/Group Housing project by MAC Builders and Developers in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/190913/002862 on 13 Sep 2019. Possession is promised by 31 Dec 2022. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NamePearl Apartment
- TypeResidential/Group Housing
- Location
- Belagavi
- PincodeNot stated
- RERA no.PRM/KA/RERA/1249/447/PR/190913/002862
- ReraGenie IDRG-KA-89360
Builder
- NameMAC Builders and Developers
- Entity typePartnership Firm
- Authorized SignatoryAlees Choudhari
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on13 Sep 2019
- Promised completion31 Dec 2022
- Revised completionRevised to 31 Dec 2022 (originally 31 Mar 2022)
- BuildingsNot stated in filing
- Documents filed23 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.
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.
Certifying professionals and partners1
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | SAGAR HUDDAR |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed23
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/190913/002862 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: Firm Certificate.jpg | - |
| CC | - |
| Building plan 5MB | - |
| Lay out | - |
| Not yet done | - |
| Not yet done | - |
| notarized sale deed and translation | - |
| Building plan 5MB | - |
| Building plan 5MB | - |
| Not yet done | - |
| Not yet done | - |
| specification | - |
| 12 yrs EC in the name of the Developer | - |
| affidavit under sec 3 | - |
| joint affidavit cum declaration | - |
| Khata | - |
| JDA and GPA MAC | - |
| Fire NOC | - |
| HESCOM NOC | - |
| Building plan | - |
| Building plan | - |
| NA order | - |
| FORM B | - |
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Builder: MAC Builders and Developers
MAC Builders and Developers has 1 registration on RERA Karnataka, including Pearl Apartment. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Belagavi district page.
Frequently asked questions
What are my rights if Pearl Apartment is delayed beyond 31 Dec 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 Pearl Apartment?
The registered promoter entity is MAC Builders and 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 Pearl Apartment?
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 Pearl Apartment?
The professionals named in the filing: Engineer: SAGAR HUDDAR. 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 Pearl Apartment?
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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