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SRI LAXMI BALAJI LAYOUT 2
RG-KA-20535 · RERA PRM/KA/RERA/1249/447/PR/171123/006416 · Last updated on RERA Karnataka portal: 10 Jul 2023
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.
SRI LAXMI BALAJI LAYOUT 2 is a Plotted Development project by DEVAKI LOKESH in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/171123/006416 on 17 Nov 2023. Possession is promised by 1 Nov 2023.
At a glance
Project
- NameSRI LAXMI BALAJI LAYOUT 2
- TypePlotted Development
- Location
- Belagavi
- PincodeNot stated
- RERA no.PRM/KA/RERA/1249/447/PR/171123/006416
- ReraGenie IDRG-KA-20535
Builder
- NameDEVAKI LOKESH
- Entity typeOther ( INDIVIDUAL )
- Authorized SignatoryDEVAKI LOKESH
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on17 Nov 2023
- Promised completion1 Nov 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed95 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.
| Landowner | Village | District |
|---|---|---|
| Devaki Lokesh | - | - |
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 68.95 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | ROSHAN |
| Chartered Accountant | V. Shruthi |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed95
As listed on the registration, under the names the promoter filed them with; the newest 80 of 95 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/447/PR/171123/006416 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| EC CERTIFIED COPYFile: EC CERTIFIED COPY.pdf | 10 Jul 2023 |
| Title DocumentFile: Declartion.pdf | 10 Jul 2023 |
| Devaki Lokesh Name change AffidavitFile: Devaki Lokesh Name change Affidavit.pdf | 28 Jun 2023 |
| Devaki Lokesh Name change AffidavitFile: Devaki Lokesh Name change Affidavit.pdf | 22 May 2023 |
| ECFile: EC.pdf | 22 May 2023 |
| Balance Sheet 2019-20 ,2020-21 & 2021-22File: Balance Sheet & Schedules 2020 2021 2022.pdf | 16 Mar 2023 |
| profit and loss accountFile: P&L Declartion.pdf | 16 Mar 2023 |
| sources of fundsFile: Source Of Funds.pdf | 16 Mar 2023 |
| Title deed of jamakhadi bharathiFile: RTC Sy no 391.pdf | 16 Mar 2023 |
| ECFile: EC.pdf | 16 Mar 2023 |
| Inventory DetailsFile: SRI LAXMI BALAJI LAYOUT 2.xlsx | 16 Mar 2023 |
| KJP mapFile: KJP MAP.pdf | 16 Mar 2023 |
| Relinqueshment DeedFile: Relinqueshment Deed.pdf | 16 Mar 2023 |
| Balance sheet 2020File: Balance Sheet 2020.jpeg | 17 Feb 2023 |
| Balance sheet 2021File: Balance Sheet 2021.jpeg | 17 Feb 2023 |
| Balance sheet 2022File: Balance Sheet 2022.jpeg | 17 Feb 2023 |
| profit and loss accountFile: Declaration P&L.pdf | 17 Feb 2023 |
| ECFile: EC.pdf | 17 Feb 2023 |
| Source Of FundsFile: Source Of Funds.pdf | 17 Feb 2023 |
| Architects certificateFile: Architect Certificate.pdf | 17 Feb 2023 |
| village mapFile: Village Map.pdf | 17 Feb 2023 |
| Title deed of jamakhadi bharathiFile: Conversion Order.pdf | 17 Feb 2023 |
| RTC, survey 391 | - |
| Mutation, survey 391 | - |
| Encumbrance Certificate, survey 391 | - |
| Conversion/Alienation Order, survey 391 | - |
| Khatha, survey 391 | - |
| Registration CertificateFile: Farmer Certificate.pdf | - |
| Certificate issued by CA Form 1File: CA Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Form 3 Engineer Certi.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: No-Litigation.pdf | - |
| Certificate from Chartered AccountFile: CA Certificate.pdf | - |
| Certificate issued by ArchitectFile: Architect Certificate.pdf | - |
| Balance Sheet 2021 - 2022File: NA Farmer Certificate.pdf | - |
| Balance Sheet 2020 - 2021File: NA Farmer Certificate.pdf | - |
| Balance Sheet 2019 - 2020File: NA Farmer Certificate.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: NA Farmer Certificate.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: NA Farmer Certificate.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: NA Farmer Certificate.pdf | - |
| Auditor's Report 2021 - 2022File: NA Farmer Certificate.pdf | - |
| Auditor's Report 2020 - 2021File: NA Farmer Certificate.pdf | - |
| Auditor's Report 2019 - 2020File: NA Farmer Certificate.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: NA Farmer Certificate.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: NA Farmer Certificate.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: NA Farmer Certificate.pdf | - |
| Commencement certi Sy no 391 | - |
| HESCOM NOC WITH FEE PAID RECEIPT | - |
| Water Noc with Declaration | - |
| Approved plan Sy no 391 | - |
| Approved plan Sy no 391 | - |
| PROJECT SPECIFICATION | - |
| Advocate Search Report Sy No 391 | - |
| Conversion Order | - |
| Conversion Order | - |
| AOS | - |
| Allotment Letter | - |
| Brochure NA | - |
| Form B | - |
| Sec 3 (1) | - |
| HESCOM NOC WITH FEE PAID RECEIPT | - |
| Water Noc with Declaration | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| No Relinquishment Deed Declaration | - |
| No Mortgage | - |
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Builder: DEVAKI LOKESH
DEVAKI LOKESH has 1 registration on RERA Karnataka, including SRI LAXMI BALAJI LAYOUT 2. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Belagavi district page.
Frequently asked questions
What are my rights if SRI LAXMI BALAJI LAYOUT 2 is delayed beyond 1 Nov 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 SRI LAXMI BALAJI LAYOUT 2?
The registered promoter entity is DEVAKI LOKESH, an other ( individual ) 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 SRI LAXMI BALAJI LAYOUT 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.
Who certifies construction progress at SRI LAXMI BALAJI LAYOUT 2?
The professionals named in the filing: Engineer: ROSHAN; Chartered Accountant: V. Shruthi. 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 SRI LAXMI BALAJI LAYOUT 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; 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.
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