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Registration approved Plotted Development project

SHREE LAXMI VENKATESHWAR NAGAR

By SHREE MAHALAXMI INFRA

RG-KA-35125 · RERA PRM/KA/RERA/1263/419/PR/200526/003420 · Last updated on RERA Karnataka portal: 19 May 2020

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
Dec 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 86 documents Report an error

SHREE LAXMI VENKATESHWAR NAGAR is a Plotted Development project by SHREE MAHALAXMI INFRA in Kalaburagi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1263/419/PR/200526/003420 on 26 May 2020. Possession is promised by 31 Dec 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSHREE LAXMI VENKATESHWAR NAGAR
  • TypePlotted Development
  • Location
    • Kalaburagi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1263/419/PR/200526/003420
  • ReraGenie IDRG-KA-35125

Builder

  • NameSHREE MAHALAXMI INFRA
  • Entity typePartnership Firm
  • Authorized SignatorySri. Guruprasad
  • OthersSri. Guru Prasad, Sri. Vijaykumar

Key dates

this monthRegisteredMay 2020First promiseMar 2023Revised toDec 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 May 2020
  • Promised completion31 Dec 2023
  • Revised completionRevised to 31 Dec 2023 (originally 31 Mar 2023)
  • BuildingsNot stated in filing
  • Documents filed86 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.

Land area19,526 sq m
Named landowners1
LandownerVillageDistrict
VIJAKRISHNA--

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 1.00 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectVAIBHAVA KUMAR NAVANI
EngineerSHARAT S CHOUKA

Extensions applied for1

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

ExtensionMar 2023 → Dec 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed86

As listed on the registration, under the names the promoter filed them with; the newest 80 of 86 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1263/419/PR/200526/003420 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
attached declaration for financialFile: THE FIRM IS INCOPORATED ON 25.pdf19 May 2020
declaration for financial with letterheadFile: Declaration.pdf19 May 2020
Balance sheet 2019File: Balance sheet 2019.pdf11 Mar 2020
ITR 2019File: ITR 2019.pdf11 Mar 2020
Profit and Account lossFile: Profit and loss account 2019.pdf11 Mar 2020
Declaration for NOC for BWSSB and BESCOMFile: Declarattion for ALL NOCs.pdf11 Mar 2020
Registration CertificateFile: Company Reg certifictae.pdf5 Mar 2020
Bank PassbookFile: Bank Passbook.pdf5 Mar 2020
ITR 2019File: ITR 2019.pdf5 Mar 2020
Profit and LossFile: Profit and loss account 2019.pdf5 Mar 2020
BalancesheetFile: Balance sheet 2019.pdf5 Mar 2020
Declaration for NOCsFile: Declarattion for ALL NOCs.pdf5 Mar 2020
Approved layout PlanFile: Approved Layout PLan.pdf5 Mar 2020
Plan Approval letter-
Approved Layout Plan with Letter-
Approved Layout Plan with Letter-
Proforma for Sale Deed-
Proforma of Agreement for Sale-
Sale Deed RTC-
Approved Layout Plan with Letter-
Proforma of Allotment Letter-
BROCHURE Declaration-
PROJECT SPECIFICATIONS-
EC for 15 years-
Sec 3(1) Affidvait-
JDA AFFIDIVATE-
RTC-
JDA & GPA-
RTC MR AKARABAND TIPPANY-
Convertion Certificate-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Declarattion for ALL NOCs-
Declarattion for ALL NOCs-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Approved Layout Plan with Letter-
Approved Layout Plan with Letter-
Convertion Certificate-
Legal Report-
Balance Sheet 2018 - 2019File: THE FIRM IS INCOPORATED ON 25.pdf-
Balance Sheet 2017 - 2018File: THE FIRM IS INCOPORATED ON 25.pdf-
Balance Sheet 2016 - 2017File: THE FIRM IS INCOPORATED ON 25.pdf-
Audited Profit and Loss Statement 2018 - 2019File: THE FIRM IS INCOPORATED ON 25.pdf-
Audited Profit and Loss Statement 2017 - 2018File: THE FIRM IS INCOPORATED ON 25.pdf-
Audited Profit and Loss Statement 2016 - 2017File: THE FIRM IS INCOPORATED ON 25.pdf-
Director's Report 2018 - 2019File: THE FIRM IS INCOPORATED ON 25.pdf-
Director's Report 2017 - 2018File: THE FIRM IS INCOPORATED ON 25.pdf-
Director's Report 2016 - 2017File: THE FIRM IS INCOPORATED ON 25.pdf-
Cash Flow Statement 2018 - 2019File: THE FIRM IS INCOPORATED ON 25.pdf-
Cash Flow Statement 2017 - 2018File: THE FIRM IS INCOPORATED ON 25.pdf-
Auditor's Report 2018 - 2019File: THE FIRM IS INCOPORATED ON 25.pdf-
Auditor's Report 2017 - 2018File: THE FIRM IS INCOPORATED ON 25.pdf-
Auditor's Report 2016 - 2017File: THE FIRM IS INCOPORATED ON 25.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: THE FIRM IS INCOPORATED ON 25.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: THE FIRM IS INCOPORATED ON 25.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: THE FIRM IS INCOPORATED ON 25.pdf-
Form B Affidvait-
Prospectus/BrochureFile: Will upload later.pdf-
Advertisement Copy 1File: Will upload later.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1263_419_PR_200526_003420.xlsx-
Final plan technical sanction LetterFile: Plan Approval letter.pdf-
Final layout plan sanctionedFile: FINAL LAYOUT PLAN.pdf-
Completion CertificateFile: COMPLETION CERTIFICATE.pdf-
Site release order Copies(1st,2nd phase and final release order)File: FINAL RELEASE ORDER.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: COMPLETION CERTIFICATE.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: KUWSDB COMPLETION MAHALAXMI.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: GESCOM COMPLETION MAHALAXMI.pdf-

How this compares with Kalaburagi

32%of Kalaburagi projects moved their completion datethis one moved by 9 months
0%of Kalaburagi registrations are shown as withdrawn or revokedthis one is not

Computed across the 210+ Kalaburagi projects on ReraGenie, from their own filings.

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Other projects near Kalaburagi210+ in Kalaburagi

Builder: SHREE MAHALAXMI INFRA

SHREE MAHALAXMI INFRA has 1 registration on RERA Karnataka, including SHREE LAXMI VENKATESHWAR NAGAR. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kalaburagi district page.

Frequently asked questions

What are my rights if SHREE LAXMI VENKATESHWAR NAGAR is delayed beyond 31 Dec 2023?

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 LAXMI VENKATESHWAR NAGAR?

The registered promoter entity is SHREE MAHALAXMI INFRA, a partnership firm 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 SHREE LAXMI VENKATESHWAR NAGAR?

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 LAXMI VENKATESHWAR NAGAR?

The professionals named in the filing: Architect: VAIBHAVA KUMAR NAVANI; Engineer: SHARAT S CHOUKA. 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 LAXMI VENKATESHWAR NAGAR?

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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About SHREE LAXMI VENKATESHWAR NAGAR. 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.

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