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Pinnacle
By Lotus Landmakrs (I) Pvt Ltd
RG-KA-47030 · RERA PRM/KA/RERA/1249/447/PR/180111/000488
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
Saved.
Pinnacle is a Residential/Group Housing project by Lotus Landmakrs (I) Pvt Ltd in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/180111/000488 on 11 Jan 2018. Possession is promised by 31 Dec 2019.
At a glance
Project
- NamePinnacle
- TypeResidential/Group Housing
- Location
- Belagavi
- PincodeNot stated
- RERA no.PRM/KA/RERA/1249/447/PR/180111/000488
- ReraGenie IDRG-KA-47030
Builder
- NameLotus Landmakrs (I) Pvt Ltd
- Entity typeCompany
- CINU70102PN2007PTC149820
- Authorized SignatorySatish Waman Giri
- DirectorNitin Ramakant Garpawar
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on11 Jan 2018
- Promised completion31 Dec 2019
- Revised completionNone
- Buildings1 building record
- Documents filed40 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Pinnacle | - | - | - | 156 | 0 | 156 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | Not applicable |
| Retaining wall (All types) | Not applicable |
| Plinth level Beam | Not applicable |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Not applicable |
| 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 work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities41
Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | No | Not applicable |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | No | Not applicable |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Gas | Yes | - |
| Water and Sanitation | No | Not applicable |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
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 partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Archana Patil |
| Engineer | vijay khilare |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed40
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/180111/000488 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: 1_Incorporation LLIPL.pdf | - |
| Certificate form Architect,Engineer,CA etc.File: 4_Reason For delay Engineer certificate.pdf | - |
| 9_CC Pinnacle | - |
| 17_Sanction plan | - |
| 10_124 2 layout | - |
| 22_Sale Deed - Pinnacle - RERA Draft | - |
| 18 _ATS Pinnacle -RERA Draft | - |
| 11_ Pinnacle land doc and locatation | - |
| 19_Section Plan | - |
| 12_Developement plan of project area | - |
| 20_Booking Form 2017 | - |
| 13_Apartment Pinnacle | - |
| 21_NOC Pinncale compressed | - |
| 14_Specs | - |
| pinnacle 124-2 EC | - |
| pinnacle - sale deed | - |
| pinnacle GPA | - |
| pinnacle title deed 1 | - |
| pinnacle conversition order | - |
| Balance Sheet 2015 - 2016File: 1_B L 16.pdf | - |
| Balance Sheet 2014 - 2015File: 1_B L 2015.pdf | - |
| Balance Sheet 2013 - 2014File: 1_B L 14.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: 2_P n L 16.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: 2_P L 2015.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: 2_P L 14.pdf | - |
| Director's Report 2015 - 2016File: 3_Directors report 16.pdf | - |
| Director's Report 2014 - 2015File: 3_DIRECTORS REPORT.pdf | - |
| Director's Report 2013 - 2014File: 3_Directors Report_14.pdf | - |
| Cash Flow Statement 2015 - 2016File: 4_Cash Flow statement 2016.pdf | - |
| Cash Flow Statement 2014 - 2015File: 4_Auditors Report.pdf | - |
| Auditor's Report 2015 - 2016File: 5_Audit Report_16.pdf | - |
| Auditor's Report 2014 - 2015File: 5_Casflow statement 2015.pdf | - |
| Auditor's Report 2013 - 2014File: 5_Auditors Report_14.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: 6_IT ACKL_16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: 6_IT_LLIPL_15.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: 6_IT ACK_14.pdf | - |
| 15_Pinncale Form B | - |
| Prospectus/BrochureFile: NOT HAVING ANY PRINTING MATERIAL.pdf | - |
| Advertisement Copy 1File: NOT HAVING ANY PRINTING MATERIAL.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1249_447_PR_180111_000488.xlsx | - |
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Builder: Lotus Landmakrs (I) Pvt Ltd
Lotus Landmakrs (I) Pvt Ltd has 1 registration on RERA Karnataka, including Pinnacle. 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 Pinnacle is delayed beyond 31 Dec 2019?
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 Pinnacle?
The registered promoter entity is Lotus Landmakrs (I) Pvt Ltd, a company as per the filing. Its CIN U70102PN2007PTC149820 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 Pinnacle?
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 Pinnacle?
The professionals named in the filing: Architect: Archana Patil; Engineer: vijay khilare. 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 Pinnacle?
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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