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Registration approved Plotted Development project

Sri Mahalaxmi Layout

By PNK DEVELOPERS

RG-KA-52644 · RERA PRM/KA/RERA/1259/410/PR/171031/001733

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 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 38 documents Report an error

Sri Mahalaxmi Layout is a Plotted Development project by PNK DEVELOPERS in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/410/PR/171031/001733 on 31 Oct 2017. Possession is promised by 24 Aug 2019.

At a glance

Project

  • NameSri Mahalaxmi Layout
  • TypePlotted Development
  • Location
    • Dharwad
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1259/410/PR/171031/001733
  • ReraGenie IDRG-KA-52644

Builder

  • NamePNK DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryShivanagouda Shekargouda Naganagoudar
  • OthersShivanagouda Shekargouda Naganagoudar, Laxmibai.M.Kamble, Siddappa. N. Pujeri

Key dates

this monthRegisteredOct 2017PromisedAug 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on31 Oct 2017
  • Promised completion24 Aug 2019
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed38 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 area10,117 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 1.00 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed38

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/1259/410/PR/171031/001733 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: img076 new scan.pdf-
WORK ORDER-
BLD PLAN-
LAYOUT PLAN-
RESIDENTIAL PLOT-
OPEN PLOT-
Sale Deed and RTC-
BLD PLAN-
LAYOUT PLAN-
ALLOTMENT LETTER-
brocher-
NOC-
specification-
ENCUMRANCE-
katha-
JDA OR DA-
conversion order-
Balance Sheet 2015 - 2016File: Balance sht.pdf-
Balance Sheet 2014 - 2015File: Balance sht.pdf-
Balance Sheet 2013 - 2014File: Balance sht.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P & L.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P & L.pdf-
Director's Report 2015 - 2016File: Directors report.pdf-
Director's Report 2014 - 2015File: Directors report.pdf-
Director's Report 2013 - 2014File: Directors report.pdf-
Cash Flow Statement 2015 - 2016File: cash flow.pdf-
Cash Flow Statement 2014 - 2015File: cash flow.pdf-
Auditor's Report 2015 - 2016File: audit report.pdf-
Auditor's Report 2014 - 2015File: audit report.pdf-
Auditor's Report 2013 - 2014File: audit report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: income tax return.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: income tax return.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: income tax return.pdf-
Affidavit and Declaration-
Prospectus/BrochureFile: NO BROCURE.pdf-
Advertisement Copy 1File: NO ADVERTISEMENT.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1259_410_PR_171031_001733.xlsx-

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one has not
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Builder: PNK DEVELOPERS

PNK DEVELOPERS has 1 registration on RERA Karnataka, including Sri Mahalaxmi Layout. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if Sri Mahalaxmi Layout is delayed beyond 24 Aug 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 Sri Mahalaxmi Layout?

The registered promoter entity is PNK DEVELOPERS, 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 Mahalaxmi 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.

What should I check before booking in Sri Mahalaxmi 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 Mahalaxmi 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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