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PUNARVASU PHASE-II
RG-KA-23153 · RERA PRM/KA/RERA/1268/378/PR/040524/006868 · Last updated on RERA Karnataka portal: 24 Apr 2024
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
PUNARVASU PHASE-II is a Plotted Development project by LAKSHMI SHIVAKUMAR in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/040524/006868 on 4 May 2024. Possession is promised by 31 May 2024.
At a glance
Project
- NamePUNARVASU PHASE-II
- TypePlotted Development
- Location
- MYSORE
- PincodeNot stated
- RERA no.PRM/KA/RERA/1268/378/PR/040524/006868
- ReraGenie IDRG-KA-23153
Builder
- NameLAKSHMI SHIVAKUMAR
- Entity typeProprietorship
- Authorized SignatoryLAKSHMI SHIVAKUMAR
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on4 May 2024
- Promised completion31 May 2024
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed59 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| LAKSHMI SHIVAKUMAR | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 54.00 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | H T VASUDEV |
| Chartered Accountant | R RAJESH |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed59
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/1268/378/PR/040524/006868 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CHARTERED ACCOUNTANT CERTIFICATE FORM-1File: Form 1.PDF | 24 Apr 2024 |
| RELINQUISHMENT DEED CLARIFICATIONFile: RELIQUISHMENT DEED.pdf | 24 Apr 2024 |
| HORTICULTURE DEPARTMENT NOC CLARIFICATIONFile: DECLARATION ON HORTICULTURE NOC.pdf | 24 Apr 2024 |
| DEMARCATION CDPFile: cdp.pdf | 24 Apr 2024 |
| DEMARCATION VILLAGE MAPFile: village map.jpeg | 24 Apr 2024 |
| DECLARATION OF ARCHITECTS CERTIFICATEFile: DECLARATION ON PROJECT ARCHITECT.pdf | 24 Apr 2024 |
| PROFORMA OF AGREEMENT OF SALEFile: Agreement of Sale Proforma.pdf | 24 Apr 2024 |
| SOURCES OF WATERFile: SOURCE OF WATER.pdf | 24 Apr 2024 |
| PROJECT ENGINEER SELF ATTESTED COPYFile: Engineer certificate.pdf | 24 Apr 2024 |
| PROFORMA OF ALLOTMENT LETTERFile: PROFORMA OF ALLOTMENT LETTER.pdf | 24 Apr 2024 |
| PROPRIETORSHIP CERTIFICATEFile: Applicaton.pdf | 24 Apr 2024 |
| RTC, survey 43/*/1 | - |
| Mutation, survey 43/*/1 | - |
| Encumbrance Certificate, survey 43/*/1 | - |
| Conversion/Alienation Order, survey 43/*/1 | - |
| Sale/Title/Gift Deed, survey 43/*/1 | - |
| Khatha, survey 43/*/1 | - |
| Registration CertificateFile: Applicaton.pdf | - |
| Certificate issued by CA Form 1File: Form 1.PDF | - |
| Certificate issued by Engineer Form 3File: Engineer Certificate Form-3.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Non litigation affidavi.pdf | - |
| Certificate from Chartered AccountFile: Form 1.PDF | - |
| Certificate issued by ArchitectFile: DECLARATION ON PROJECT ARCHITECT.pdf | - |
| Balance Sheet 2022 - 2023File: Lakshmi Shivakumar ITR FY 2022-23.pdf | - |
| Balance Sheet 2021 - 2022File: Lakshmi Shivakumar ITR FY 2021-22.pdf | - |
| Balance Sheet 2020 - 2021File: Lakshmi Shivakumar ITR FY 2020-21.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: Lakshmi Shivakumar ITR FY 2022-23.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: Lakshmi Shivakumar ITR FY 2021-22.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Lakshmi Shivakumar ITR FY 2020-21.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: Lakshmi Shivakumar ITR FY 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: Lakshmi Shivakumar ITR FY 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: Lakshmi Shivakumar ITR FY 2020-21.pdf | - |
| Temporary release order | - |
| Electricity permission and NOC | - |
| water NOC | - |
| PLAN | - |
| PLAN | - |
| Legal Opinion | - |
| PROFORMA OF SALE AGREEMENT (1) | - |
| Brochure | - |
| Form B | - |
| sec 3 | - |
| Electricity permission and NOC | - |
| water NOC | - |
| cdp plan | - |
| MANDAKALLI VILLEGE MAP | - |
| Work Order | - |
| Breif estimates cost | - |
| Engineer Certificate for Work Completion Schedule till DateFile: FORM EX-5.pdf | - |
| CA Certificate for Funds UtilizationFile: Form EX3 Fund utilization.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: FORM EX-6.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: Form Ex4 Fund required.pdf | - |
| AffidavitFile: Form EX 7 affidavit.pdf | - |
| Latest Encumbrance CertificateFile: EC.pdf | - |
| Prospectus/BrochureFile: BROCHURE.pdf | - |
| Advertisement Copy 1File: BROCHURE.pdf | - |
| Plot Excel SheetFile: PUNARVASU PHASEII.xlsx | - |
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Builder: LAKSHMI SHIVAKUMAR
LAKSHMI SHIVAKUMAR has 1 registration on RERA Karnataka, including PUNARVASU PHASE-II. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mysore district page.
Frequently asked questions
What are my rights if PUNARVASU PHASE-II is delayed beyond 31 May 2024?
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 PUNARVASU PHASE-II?
The registered promoter entity is LAKSHMI SHIVAKUMAR, a proprietorship 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 PUNARVASU PHASE-II?
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 PUNARVASU PHASE-II?
The professionals named in the filing: Engineer: H T VASUDEV; Chartered Accountant: R RAJESH. 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 PUNARVASU PHASE-II?
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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