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Registration approved Plotted Development project

SHIV LAYOUT

By MPLEX NETWORKS PRIVATE LIMITED

RG-KA-51163 · RERA PRM/KA/RERA/1268/378/PR/181122/002181

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
May 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 45 documents Report an error

SHIV LAYOUT is a Plotted Development project by MPLEX NETWORKS PRIVATE LIMITED in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/181122/002181 on 22 Nov 2018. Possession is promised by 4 May 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSHIV LAYOUT
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1268/378/PR/181122/002181
  • ReraGenie IDRG-KA-51163

Builder

  • NameMPLEX NETWORKS PRIVATE LIMITED
  • Entity typeCompany
  • CINU64204KA2005PTC037054
  • Authorized SignatoryPRATAAP SHIVKUMAR WADHWA
  • DirectorPRATAAP S WADHWA

Key dates

this monthRegisteredNov 2018First promiseAug 2020Revised toMay 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on22 Nov 2018
  • Promised completion4 May 2021
  • Revised completionRevised to 4 May 2021 (originally 4 Aug 2020)
  • BuildingsNot stated in filing
  • Documents filed45 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 area20,538 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 3.00 cr

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionAug 2020 → May 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed45

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/181122/002181 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: INCORPORATION_MPLEX.pdf-
21_INCORPORATION_MPLEX-
madagala sanction plan 07-Feb-2018 10-46-58-
plan approved copy-
Sale Deed-
madagala sanction plan 07-Feb-2018 10-46-58-
RERA reply 28-Jul-2018 18-01-45(2)-
EC & RTC-
madagala ec uptodate 28-Jul-2018 17-50-58-
60_UTLISATION CERTIFICATE-
61_TRANSFER DEVELOPMENT RIGHTS-
62_RELINQUISHMENT DEED-
40_AIRPORT AUTHORITY OF INDIA-
43 KSPCB NOT APLICABLE-
56_COASTAL REGULATION ZONE AUTHORITY-
Unnamed document-
51 URBAN LAND CEILING-
48 EXISTING SECTION PLAN NOT APLPLICABLE-
51 URBAN LAND CEILING-
52_SANCTIONAL DRAWING FOR APARTMENTS-
53_BANGALORE URBAN ARTS COMMISSION-
54_INSPECTOR OF FACTORIES-
55_DIST MAGISTRATE-
48 EXISTING SECTION PLAN NOT APLPLICABLE-
48 EXISTING SECTION PLAN NOT APLPLICABLE-
48 EXISTING SECTION PLAN NOT APLPLICABLE-
57_CERTIFICATE FROM REGISTERED ENGNEER-
Balance Sheet 2016 - 2017File: mplexbs20162017.pdf-
Balance Sheet 2015 - 2016File: mplexbs20152016.pdf-
Balance Sheet 2014 - 2015File: mplexbs20142015.pdf-
Audited Profit and Loss Statement 2016 - 2017File: mplexpl20162017.pdf-
Audited Profit and Loss Statement 2015 - 2016File: mplexpl20152016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: mplexpl20142015.pdf-
Director's Report 2016 - 2017File: 12_MPLEX_ITR_20152016FY.pdf-
Director's Report 2015 - 2016File: 12_MPLEX_ITR_20152016FY.pdf-
Director's Report 2014 - 2015File: 18_MPLEXITR_20142015_FY.pdf-
Cash Flow Statement 2016 - 2017File: mplexcashflow20162017.pdf-
Cash Flow Statement 2015 - 2016File: mplex cashflow20152016.pdf-
Auditor's Report 2016 - 2017File: 12_MPLEX_ITR_20152016FY.pdf-
Auditor's Report 2015 - 2016File: 12_MPLEX_ITR_20152016FY.pdf-
Auditor's Report 2014 - 2015File: 18_MPLEXITR_20142015_FY.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: mplex201718itrack.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: mplex2016-17itrack.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: mplex_itr20142015ack.pdf-
33_FORM_B-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one moved by 9 months
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Builder: MPLEX NETWORKS PRIVATE LIMITED

MPLEX NETWORKS PRIVATE LIMITED has 1 registration on RERA Karnataka, including SHIV LAYOUT. 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 SHIV LAYOUT is delayed beyond 4 May 2021?

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 SHIV LAYOUT?

The registered promoter entity is MPLEX NETWORKS PRIVATE LIMITED, a company as per the filing. Its CIN U64204KA2005PTC037054 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 SHIV 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 SHIV 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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