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Registration approved Plotted Development project

SRI MAHALAKSHMI LAYOUT

By SRI MAHALAKSHMI INDUSTRIES

RG-KA-74873 · RERA PRM/KA/RERA/1248/441/PR/211117/004519 · Last updated on RERA Karnataka portal: 7 Oct 2021

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Aug 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 72 documents Report an error

SRI MAHALAKSHMI LAYOUT is a Plotted Development project by SRI MAHALAKSHMI INDUSTRIES in Ballari, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/441/PR/211117/004519 on 17 Nov 2021. Possession is promised by 31 Aug 2022.

At a glance

Project

  • NameSRI MAHALAKSHMI LAYOUT
  • TypePlotted Development
  • Location
    • Kampli
    • Ballari
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1248/441/PR/211117/004519
  • ReraGenie IDRG-KA-74873

Builder

  • NameSRI MAHALAKSHMI INDUSTRIES
  • Entity typePartnership Firm
  • Authorized SignatoryV Vidyadhar
  • Board MembersVeerabhadra Rao, S.M.Nagaraj, Gudala Ramakrishna, Kudupudi Subramanyeswara Rao, B Gopal, Kantineni Shanti Kumar, Prasad, M Rama Subbayya, Vidyadhara V

Key dates

this monthRegisteredNov 2021PromisedAug 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Nov 2021
  • Promised completion31 Aug 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed72 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 area16,188 sq m
Named landowners1
LandownerVillageDistrict
SRI MAHALAKSHMI INDUSTRIES--

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
ArchitectSrimathi J Adiga
EngineerVishnu Kumar

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed72

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/1248/441/PR/211117/004519 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Financial Statement with CA UDIN 2020 21File: Financial documents for the year 2020-21.pdf7 Oct 2021
Clarification about financial documentsFile: Clarification about Financial Documents.pdf21 Sep 2021
Final Release OrderFile: Final Release Order.pdf21 Sep 2021
Final Plan ApprovalFile: Final Plan Approval.pdf21 Sep 2021
NOC-GESCOMFile: NOC-GESCOM.pdf21 Sep 2021
NOC-WaterFile: NOC-Water.pdf21 Sep 2021
STP sold and unsold unit clarificationFile: STP Sold and Unsold Unit Details.pdf21 Sep 2021
CertificateFile: Incorporation Certificate.pdf-
Sanction letter-
Layout Plan-
Layout Plan-
Sale Deeds-
Layout Plan-
Layout Plan-
Project Specification-
Upto date Encumbrance Certificateo-
Sec 3(1) Non-Violation Affidavitc-
MR and RTC-
Partnership Deeds-
Conversion Order-
Unnamed document-
Unnamed document-
Unnamed document-
Relinguishment Deeds-
Unnamed document-
Unnamed document-
NOC-GESCOM-
NOC-Water-
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-
Sanction letter-
Project Specification-
Unnamed document-
Balance Sheet 2019 - 2020File: Submission-Financial documents.pdf-
Balance Sheet 2018 - 2019File: Submission-Financial documents.pdf-
Balance Sheet 2017 - 2018File: Submission-Financial documents.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Submission-Financial documents.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Submission-Financial documents.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Submission-Financial documents.pdf-
Director's Report 2019 - 2020File: Submission-Financial documents.pdf-
Director's Report 2018 - 2019File: Submission-Financial documents.pdf-
Director's Report 2017 - 2018File: Submission-Financial documents.pdf-
Cash Flow Statement 2019 - 2020File: Submission-Financial documents.pdf-
Cash Flow Statement 2018 - 2019File: Submission-Financial documents.pdf-
Auditor's Report 2019 - 2020File: Submission-Financial documents.pdf-
Auditor's Report 2018 - 2019File: Submission-Financial documents.pdf-
Auditor's Report 2017 - 2018File: Submission-Financial documents.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: Submission-Financial documents.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: Submission-Financial documents.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Submission-Financial documents.pdf-
Form-B Affidavitc-
Plot Excel SheetFile: PRMKARERA1248441PR211117004519.xlsx-
Final plan technical sanction LetterFile: Final Plan Approval.pdf-
Completion CertificateFile: Final Release Order.pdf-
Relinquishment deed executed handed over detailsFile: Relinquishment Deed.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: Water NOC.pdf-
Whether the transformer has been erected within layout and copy of power sanctioned to the layout issued by ESFile: Electricity NOC.pdf-
Chartered Accountant Certificate (Form-4)File: FORM 4 CC.pdf-
Architect's Certificate (Form-5)File: Form05 Architect Completion Certificate.pdf-
Engineer's Certificate (Form-6)File: Form-6 Engineer Closure Certificate.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Closure Affidavit.pdf-

How this compares with Ballari

2%of Ballari projects moved their completion datethis one has not
0%of Ballari registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Ballari projects on ReraGenie, from their own filings.

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Builder: SRI MAHALAKSHMI INDUSTRIES

SRI MAHALAKSHMI INDUSTRIES has 1 registration on RERA Karnataka, including SRI MAHALAKSHMI LAYOUT. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Ballari district page.

Frequently asked questions

What are my rights if SRI MAHALAKSHMI LAYOUT is delayed beyond 31 Aug 2022?

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 MAHALAKSHMI LAYOUT?

The registered promoter entity is SRI MAHALAKSHMI INDUSTRIES, 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 SRI MAHALAKSHMI 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.

Who certifies construction progress at SRI MAHALAKSHMI LAYOUT?

The professionals named in the filing: Architect: Srimathi J Adiga; Engineer: Vishnu Kumar. 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 MAHALAKSHMI 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; 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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About SRI MAHALAKSHMI LAYOUT. 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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