ReraGenieLog inGet a buyer report

Home / Browse projects / Vijayapura, Karnataka / Shantiniketan Park P-2

Registration approved Plotted Development project

Shantiniketan Park P-2

By Mahaveer Mehta

RG-KA-73955 · RERA PRM/KA/RERA/1275/448/PR/171201/001024

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 11 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2019Possession promisedmoved 11 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 76 documents Report an error

Shantiniketan Park P-2 is a Plotted Development project by Mahaveer Mehta in Vijayapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1275/448/PR/171201/001024 on 1 Dec 2017. Possession is promised by 30 Jun 2019. The completion date has moved by 11 months from the original filing.

At a glance

Project

  • NameShantiniketan Park P-2
  • TypePlotted Development
  • Location
    • Bijapur
    • Vijayapura
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1275/448/PR/171201/001024
  • ReraGenie IDRG-KA-73955

Builder

  • NameMahaveer Mehta

Key dates

this monthRegisteredDec 2017First promiseJul 2018Revised toJun 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Dec 2017
  • Promised completion30 Jun 2019
  • Revised completionRevised to 30 Jun 2019 (originally 31 Jul 2018)
  • BuildingsNot stated in filing
  • Documents filed76 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 area32,374 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 1.60 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/1275/448/PR/200117/001024Jul 2018 → Jun 2019

Reason as filed by the promoterFinancial crunch

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed76

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/1275/448/PR/171201/001024 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Architect Certificate for Work Completion Schedule till DateFile: Arc Work Completed Letter.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Eng 131 Extension Letter % of work comp.pdf-
CA Certificate for Funds UtilizationFile: Sy 131 Ca certificates-Fund Utilzation New.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architects certificate for pending work as on date.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Eng 131 Extension Letter % work to be done.pdf-
CA Certificate for Funds required for Project CompletionFile: Sy 131 CA certificate-Funds required New.pdf-
AffidavitFile: 131 Sy Form B Extention.pdf-
Latest Encumbrance CertificateFile: 131- EC.pdf-
Consent letter from 2/3rd of AllotteesFile: client sign Letter.PDF-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails (3).xlsx-
Document 1File: Bank Statment and R Deed 131 Sy No 2.pdf-
Document 2File: client sign Letter.PDF-
Document 3File: 131 C C Letter.pdf-
Commencement Certificate-
131 Sanctioned Plan-
131 1 and 5-
Sale_Deed-Draft-Vijapur_MSM-
Model_Sale_Agreement-for_plotting_MSM-
RTC-
131 Sanctioned Plan-
131 DP plan-
Allotment letter-
Brochures-
NOCs-
Project Specification-
131- EC-
Khata-
131DA-min-
RTC-
NA ORDER-
NOC-
Non applicable-
Non applicable-
Relinquishment Deed-
Non applicable-
Non applicable-
Non applicable-
Non applicable-
Non applicable-
Non applicable-
Non applicable-
Non applicable-
Unnamed document-
Non applicable-
Non applicable-
Non applicable-
Non applicable-
NA ORDER-
Non applicable-
Non applicable-
Non applicable-
Balance Sheet 2015 - 2016File: BSheet 15-16.pdf-
Balance Sheet 2014 - 2015File: BSheet 14-15.pdf-
Balance Sheet 2013 - 2014File: BSheet13-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L 15-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P & L 14-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: PandL13-14.pdf-
Director's Report 2015 - 2016File: Director's Report.pdf-
Director's Report 2014 - 2015File: Director's Report.pdf-
Director's Report 2013 - 2014File: Director's Report.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement.pdf-
Cash Flow Statement 2014 - 2015File: Cash Flow Statement.pdf-
Auditor's Report 2015 - 2016File: Auditor's Report.pdf-
Auditor's Report 2014 - 2015File: Auditor's Report.pdf-
Auditor's Report 2013 - 2014File: Auditor's Report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 15-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 14-15 ITR.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR 13-14.pdf-
Affidavit cum Declaration(Form B)-
Prospectus/BrochureFile: 131 B.pdf-
Advertisement Copy 1File: 131 B.pdf-
Plot Excel SheetFile: PRM-KA-RERA-1275-448-PR-171201-001024.xls-
Occupancy CertificateFile: 131 O C.pdf-
Completion certificateFile: 131 C C.pdf-
Registered Agreement of SaleFile: 131 Agrement Of sale.pdf-
Registered conveyance deed for an individual unitFile: 131 Coovency Deed.pdf-

How this compares with Vijayapura

21%of Vijayapura projects moved their completion datethis one moved by 11 months
0%of Vijayapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 56 Vijayapura projects on ReraGenie, from their own filings.

Keep Shantiniketan Park P-2 on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Vijayapura56 in Vijayapura

Builder: Mahaveer Mehta

Mahaveer Mehta has 1 registration on RERA Karnataka, including Shantiniketan Park P-2. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayapura district page.

Frequently asked questions

What are my rights if Shantiniketan Park P-2 is delayed beyond 30 Jun 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 Shantiniketan Park P-2?

The registered promoter entity is Mahaveer Mehta. 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 Shantiniketan Park P-2?

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 Shantiniketan Park P-2?

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.

Report an error Share feedback

Report an error or share feedback

About Shantiniketan Park P-2. 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.

We read every report. We cannot promise a reply to each one.

Save Shantiniketan Park P-2 to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.