Home / Browse projects / Belagavi, Karnataka / SHREE DEVAMALA RESIDENCY
SHREE DEVAMALA RESIDENCY
By M/S PANARE BUILDERS AND DEVELOPERS
RG-KA-65511 · RERA PRM/KA/RERA/1249/447/PR/060623/005972 · Last updated on RERA Karnataka portal: 15 Oct 2026
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.
SHREE DEVAMALA RESIDENCY is a Residential/Group Housing project by M/S PANARE BUILDERS AND DEVELOPERS in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/060623/005972 on 6 Jun 2023. Possession is promised by 26 Jul 2027. 6 of the 12 units on this registration are recorded sold or booked, and 15 of 15 construction stages are filed complete.
At a glance
Project
- NameSHREE DEVAMALA RESIDENCY
- TypeResidential/Group Housing
- Location
- Belagavi
- 590006
- Pincode590006
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1249/447/PR/060623/005972
- ReraGenie IDRG-KA-65511
Builder
- NameM/S PANARE BUILDERS AND DEVELOPERS
- Entity typePartnership Firm
- GSTIN29AAJFP7127J1ZR
- Authorized SignatorySUDHIR PANARE
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on6 Jun 2023
- Promised completion26 Jul 2027
- Revised completionNone
- Buildings1 building record
- Documents filed186 files
Current status
Figures as on 15 Oct 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SHREE DEVAMALA RESIDENCY | - | - | - | 12 | 0 | 12 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 Oct 2026, the date of the latest filing. 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.
15 of 15 construction stages are filed complete.
Building: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 100% |
| Upto Plinth Level | 100% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 100% |
| Retaining wall (All types) | Not applicable |
| RCC or MS Framed structure | 100% |
| Masonry Construction | 100% |
| Plastering inside , outside & Ceiling | 100% |
| Joinery: Doors, Windows, Ventilators etc | 100% |
| Basic work of Water supply, Sanitary and Electrification | 100% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 100% |
| Railing and Grill fixing | 100% |
| Electrification, Water supply and Sanitary Finishing | 100% |
| Painting | 100% |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | 100% |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | 100% |
| Internal and External work including landscapes as per sanctioned drawings | Not applicable |
Progress on shared amenities40
As on 15 Oct 2026, the date of the latest filing. 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 | Yes | 100% |
| Sewage and Drainage System | Yes | 100% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 100% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | 100% |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | 100% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| 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 |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 100% |
| Lifts | Yes | 100% |
| Corridor/Lobbies | Yes | 100% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | Yes | 100% |
| Outer Wall | Yes | 100% |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | 100% |
| Common storage spaces | No | Not applicable |
Land and ownership5
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 |
|---|---|---|
| MRS. SUJATA SANJAY MANIKERE | - | - |
| CHANDRASHEKHAR DEVAPPA AGASAGI | - | - |
| MRS. SARIKA MARUTI TAMANAVAR | - | - |
| MRS. ANJALI JAYAWANT HAMMANAVAR | - | - |
| MRS. DEVIKA BHIMSEN POL | - | - |
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 2.64 cr | Rs 3.39 cr |
| Payment of taxes | Rs 38.03 lakh | Rs 31.40 lakh |
| Interest on Borrowings | Rs 36.00 lakh | Rs 1.06 cr |
| Administrative Cost | Rs 6.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 5.00 lakh | Rs 18.28 lakh |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SUMIT P GAWADE |
| Engineer | SHREYANSH PRAFULLA PATIL |
| Chartered Accountant | SANDEEP S KAJUKAR |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed186
As listed on the registration, under the names the promoter filed them with; the newest 80 of 186 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/447/PR/060623/005972 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| NOTARISED NON-LITIGATION AFFIDAVITFile: 8 Notarized Affidaurit.pdf | 15 Oct 2026 |
| FORM-6 ENGINEER CERTIFICATE WITH ENGINEER LICENSEFile: DEV FORM 6 WITH ENGINEER LICENSE.pdf | 15 Oct 2026 |
| STRUCTURE STABILITY CERTIFICATE WITH STRUCTURE ENGINEER LICENSEFile: STABILITY WITH STRUCTURE ENGINEER LICENSE.pdf | 15 Oct 2026 |
| SOURCES OF ADDITIONAL FUNDS REQUIRED TO COMPLETE THE PROJECTFile: Samarth Society.pdf | 15 Oct 2026 |
| NOTARIZED NON-LITIGATION AFFIDAVITFile: 8 Notarized Affidaurit.pdf | 16 Jun 2026 |
| SOURCES OF ADDITIONAL FUNDS TO COMPLETE THE PROJECTFile: Samarth Society.pdf | 16 Jun 2026 |
| REASON FOR MODIFICATION AND MODIFICATION DETAILSFile: 11 Modification Details.pdf | 16 Jun 2026 |
| COVERING LETTER WITH REASONS FOR MODIFICATIONFile: 1 Cavaring Letter.pdf | 16 Jun 2026 |
| SOLD, UNSOLD UNIT DETAILSFile: 2 Sold, unsold Unit Details.pdf | 16 Jun 2026 |
| LIST OF ALLOTTEES DETAILSFile: 3 List of allowtees.pdf | 16 Jun 2026 |
| DIFFERENCE IN COSTFile: 4 Cost Difference.pdf | 16 Jun 2026 |
| ENGINEER LICENSEFile: Sudhir Panare Engineer's License.pdf | 16 Jun 2026 |
| REVISED AND ELABORATE STRUCTURAL STABILITY CERTIFICATE AND STRUCTURE ENGINEER LICENSEFile: Stability_merged.pdf | 16 Jun 2026 |
| CONSENT LETTERFile: 6 Consert Letter.pdf | 16 Jun 2026 |
| RENEWED NOCFile: JDA 24-25.pdf | 16 Jun 2026 |
| NOTARIZED AFFIDAVITFile: 8 Notarized Affidaurit.pdf | 16 Jun 2026 |
| REASON FOR DELAY IN REGISTRATION IN THIS AUTHORITYFile: Shree Devamala Residency Delay Letter.pdf | 16 Jun 2026 |
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: FORM - 4 Q4.pdf | 12 Jun 2026 |
| Q4 2025-26 Form-5 Certificate issued by ArchitectFile: SHREE DEVAMALA RESIDENCY_ARCHITECT CERTIFICATE Q4 25-26.pdf | 12 Jun 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Engineer's Certificate for Devmala.pdf | 12 Jun 2026 |
| Q4 2025-26 Water supply and sewage board | 12 Jun 2026 |
| Q4 2025-26 KPTCL- BESCOM | 12 Jun 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: FORM-4 Q3.pdf | 27 Mar 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Q3 25-26 SHREE DEVAMALA RESIDENCY_ARCHITECT CERTIFICATE.pdf | 27 Mar 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Dev Q3 Engineers Certificate.pdf | 27 Mar 2026 |
| Q3 2025-26 Water supply and sewage board | 27 Mar 2026 |
| Q3 2025-26 KPTCL- BESCOM | 27 Mar 2026 |
| Agreement For SaleFile: Agreement For Sale.pdf | 15 May 2023 |
| updated CA Certificate Form_01File: CA Certificate Form_01.pdf | 15 May 2023 |
| Section 3(1) AffidavitFile: Section 3(1) Affidavit.pdf | 15 May 2023 |
| SOURCESS OF FUNDFile: SOURCESS OF FUND.pdf | 15 May 2023 |
| Engineer Certificate Form_03File: Engineer Certificate Form_03.pdf | 15 May 2023 |
| Financial DocumentsFile: Financial Documents.pdf | 15 May 2023 |
| Project EstimateFile: Project Estimate.pdf | 15 May 2023 |
| PRM/KA/RERA/1249/447/PR/210804/004241 quarterly updatesFile: Quarter details.pdf | 15 Mar 2023 |
| We have already uploaded Aannual audit for 2021-22File: Annual Report FORM 7 FY 2021-22_compressed.pdf | 15 Mar 2023 |
| bank account direction circularFile: HDFC NOC FOR RERA.pdf | 15 Mar 2023 |
| profit and loss account and balance sheet, 2019-20File: P & L, BAL SHEET 19-20.pdf | 15 Mar 2023 |
| profit and loss account and balance sheet, 2020-21File: P & L, BAL SHEET 20-21.pdf | 15 Mar 2023 |
| profit and loss account and balance sheet, 2021-22File: P & L, BAL SHEET 21-22.pdf | 15 Mar 2023 |
| CA UDIN along with schedule 2019-20File: PANARE BUILDERS 2019-20 SCHEDULE.pdf | 15 Mar 2023 |
| CA UDIN along with schedule 2020-21File: PANARE BUILDERS 2020-21 SCHEDULE_compressed.pdf | 15 Mar 2023 |
| CA UDIN along with schedule 2021-22File: PANARE BUILDERS 2021-22 SCHEDULE_compressed.pdf | 15 Mar 2023 |
| joint affidavit cum declarationsFile: affidavit cum declaration.pdf | 15 Mar 2023 |
| sale deed translated to EnglishFile: mother deed translation marathi to english.pdf | 15 Mar 2023 |
| Engineer certificate form-3File: Form 3 Engineers Certificate.pdf | 15 Mar 2023 |
| project specificationFile: SPECIFICATION DEVAMALA RESIDENCY.pdf | 15 Mar 2023 |
| section 3(1) notarized affidavitFile: Section 3(1) Affidavit.pdf | 15 Mar 2023 |
| Proforma of Agreement for saleFile: PROFORMA AGREEMENT OF SALE.pdf | 15 Mar 2023 |
| proforma of Allotment letterFile: RECEIPTS.pdf | 15 Mar 2023 |
| 1. PRM/KA/RERA/1249/447/PR/210804/004241 quarterly updateFile: Q4 Quarterly Update Details.pdf | 15 Feb 2023 |
| 1. Annual AuditFile: Annual Report FORM 7 FY 2021-22_compressed.pdf | 15 Feb 2023 |
| 2. Bank accountFile: bank account pass book cum statement.jpg | 15 Feb 2023 |
| 3. profit and loss account and balance sheet 2019-20File: P & L, BAL SHEET 19-20.pdf | 15 Feb 2023 |
| 3. profit and loss account and balance sheet 2020-21File: P & L, BAL SHEET 20-21.pdf | 15 Feb 2023 |
| 3. profit and loss account and balance sheet 2021-22File: P & L, BAL SHEET 21-22.pdf | 15 Feb 2023 |
| 3. CA UDIN along with schedule 2019-20File: Audit Report 2019-20.pdf | 15 Feb 2023 |
| 3. CA UDIN along with schedule 2020-21File: Audit Report 2020-21.pdf | 15 Feb 2023 |
| 3. CA UDIN along with schedule 2021-22File: AUDIT REPORT 21-22.pdf | 15 Feb 2023 |
| 4. Total Estimated cost by EngineerFile: FORM-3 SKS.pdf | 15 Feb 2023 |
| 4. CA CertificateFile: FORM 1 CA Certificate SKS_compressed.pdf | 15 Feb 2023 |
| 1. ACK/KA/RERA/1249/447/PR/231222/006660 MR copyFile: Mutation in Corporation.pdf | 15 Feb 2023 |
| 2. NA Order property has been identified by ADLR belgaumFile: NA order of agasgi sir.pdf | 15 Feb 2023 |
| 3. sale deed in favour of chandrashekarFile: MOTHER DEED.pdf | 15 Feb 2023 |
| 4. Joint AffidavitFile: AFFIDAVIT CUM DECLARATION .pdf | 15 Feb 2023 |
| 5. Certificate by Sub-registrarFile: ASR CERTIFICATE RATE COPY DEVAMALA FOR RERA.pdf | 15 Feb 2023 |
| 3. Amenities /SpecificationFile: Specification.pdf | 15 Feb 2023 |
| 4. Engineer certificateFile: Dev Res Engineer Certificate .pdf | 15 Feb 2023 |
| 1. Single plot layoutFile: SINGLE PLOT LAYOUT.pdf | 15 Feb 2023 |
| 2. Single plot layout OrderFile: SINGLE PLOT LAYOUT.pdf | 15 Feb 2023 |
| 4. CDP map showing the proposed siteFile: CDP MAP.pdf | 15 Feb 2023 |
| 5. village map showing the proposed siteFile: Village Map.jpeg | 15 Feb 2023 |
| 3. certified Carpet area calculationby builderFile: carpet area.pdf | 15 Feb 2023 |
| 6. Project details the Car Parking areaFile: car parking.pdf | 15 Feb 2023 |
| 1. Cost DetailsFile: Dev Res Engineer Certificate .pdf | 15 Feb 2023 |
| 4. Engineer certificate in prescribed format Form-3File: Dev Res Engineer Certificate .pdf | 15 Feb 2023 |
| 5. source water to the projectFile: Borewell Water Supply.pdf | 15 Feb 2023 |
| 6. HESCOM NOCFile: Hubballi Electricity Supply.pdf | 15 Feb 2023 |
| 7. project specificationFile: Specification.pdf | 15 Feb 2023 |
| 9. Proforma of Agreement for saleFile: PROFORMA OF AGREEMENT.pdf | 15 Feb 2023 |
Promoter's earlier projects2
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| SHREE KRUPASINDHU | CTS NO. 1594/44 RS NO. 129/2 WARD NO. 16, GODSEWADI, BELGAUM | Ongoing | Mar 2026 | Not delivered |
| SHREE SAI SRUSHTI 2 | CTS NO. 5720/2 RS NO. 181/A, JAKKERI HONDA, BELGAUM | Completed | - | No date filed |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Belagavi
Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.
Keep SHREE DEVAMALA RESIDENCY 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 Belagavi460+ in Belagavi
Filed coordinates, straight-line distance. 64 registered projects within 2 km.
One Life Phase III ,IV & V
Ambica Infra Build
ONE LIFE PHASE I & II
Ambica Infra Build
FORTUNE TOWER
The Fortune Five
ALORA
THE FORTUNE FIVE
SHREE DATTA SMRUTI
SHREE RADHAKRISHNA DEVELOPERS
SANAVI RESIDENCY
ANIL ANNASAHEB PATIL
See every Belagavi project, with the district possession charts
Builder: M/S PANARE BUILDERS AND DEVELOPERS
M/S PANARE BUILDERS AND DEVELOPERS has 1 registration on RERA Karnataka, including SHREE DEVAMALA RESIDENCY. Its filings declare 2 earlier projects, 1 of them declared completed. Read the full track record. See more projects on the Belagavi district page.
Frequently asked questions
What are my rights if SHREE DEVAMALA RESIDENCY is delayed beyond 26 Jul 2027?
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 SHREE DEVAMALA RESIDENCY?
The registered promoter entity is M/S PANARE BUILDERS AND DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29AAJFP7127J1ZR 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 SHREE DEVAMALA RESIDENCY?
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 SHREE DEVAMALA RESIDENCY?
The professionals named in the filing: Architect: SUMIT P GAWADE; Engineer: SHREYANSH PRAFULLA PATIL; Chartered Accountant: SANDEEP S KAJUKAR. 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 SHREE DEVAMALA RESIDENCY?
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.
Report an error Share feedback