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Registration approved Plotted Development project

SHREE MAHALAKSHMI ENCLAVE III

By Venkatesh P T

RG-KA-07995 · RERA PRM/KA/RERA/1268/379/PR/181226/002247

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
May 2019Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 46 documents Report an error

SHREE MAHALAKSHMI ENCLAVE III is a Plotted Development project by Venkatesh P T in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/379/PR/181226/002247 on 26 Dec 2018. Possession is promised by 30 May 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSHREE MAHALAKSHMI ENCLAVE III
  • TypePlotted Development
  • Location
    • Krishnarajanagara
    • Mysore
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1268/379/PR/181226/002247
  • ReraGenie IDRG-KA-07995

Builder

  • NameVenkatesh P T

Key dates

this monthRegisteredDec 2018First promiseMay 2018Revised toMay 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 Dec 2018
  • Promised completion30 May 2019
  • Revised completionRevised to 30 May 2019 (originally 30 May 2018)
  • BuildingsNot stated in filing
  • Documents filed46 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 area14,266 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 25.00 lakh

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/1268/379/PR/220620/002247May 2018 → May 2019

Reason as filed by the promoterDelay in Approvals

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed46

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/1268/379/PR/181226/002247 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: 03ArcCertWorkComp.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: 04EngCertWorkComp.pdf-
CA Certificate for Funds UtilizationFile: 05CACertFundsUtilization.pdf-
Architect Certificate for Pending Work Completion Schedule.File: 07ArchCertPendWork.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: 08EngCertPendWork.pdf-
CA Certificate for Funds required for Project CompletionFile: 09CACertFundsRequired.pdf-
AffidavitFile: 10FormBAffidavitRera.pdf-
Latest Encumbrance CertificateFile: 11ECcopy.pdf-
Details Of Sold/ Un-sold UnitsFile: 12NotSoldAnyUnits.pdf-
Commencement Certificate-
Approved Building or Plotting Plan-
Approved Layout Plan-
Sale Deed-
Agreement For Sale -
RTC_Phani-
Commencement Certificate-
Area Development Plan Of Project Area-
Proforma of Allotment Letter-
Broucher Plan NA-
Project Specification -
EC copy of 12years-
RTC_Phani-
Joint Development Agrreement-
Reply Letter RERA 1-
Plot development-
Commencement Certificate-
Commencement Certificate-
Advocate Search Report-
Balance Sheet 2016 - 2017File: BS 2017-18.pdf-
Balance Sheet 2015 - 2016File: BS 2016-17.pdf-
Balance Sheet 2014 - 2015File: BS 2015-16.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Audited Profit and Loss Statement NA.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Audited Profit and Loss Statement NA.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Audited Profit and Loss Statement NA.pdf-
Director's Report 2016 - 2017File: Director's Report NA.pdf-
Director's Report 2015 - 2016File: Director's Report NA.pdf-
Director's Report 2014 - 2015File: Director's Report NA.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement.pdf-
Cash Flow Statement 2015 - 2016File: Cash Flow Statement.pdf-
Auditor's Report 2016 - 2017File: Auditor's Report NA.pdf-
Auditor's Report 2015 - 2016File: Auditor's Report NA.pdf-
Auditor's Report 2014 - 2015File: Auditor's Report NA.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR Ackn 2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR Ackn 2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR Ackn 2015-16.pdf-
FORM B signed-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one moved by 12 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: Venkatesh P T

Venkatesh P T has 1 registration on RERA Karnataka, including SHREE MAHALAKSHMI ENCLAVE III. 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 SHREE MAHALAKSHMI ENCLAVE III is delayed beyond 30 May 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 SHREE MAHALAKSHMI ENCLAVE III?

The registered promoter entity is Venkatesh P T. 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 MAHALAKSHMI ENCLAVE III?

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 SHREE MAHALAKSHMI ENCLAVE III?

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 MAHALAKSHMI ENCLAVE III. 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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