Home / Browse projects / Bengaluru Rural, Karnataka / The Midsummer Rain-Villa Plot Development Phase 2
The Midsummer Rain-Villa Plot Development Phase 2
By M/s. Axis Concepts Capstone Private limited
RG-KA-24217 · RERA PRM/KA/RERA/1250/303/PR/160224/006629 · Last updated on RERA Karnataka portal: 8 Feb 2024
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.
The Midsummer Rain-Villa Plot Development Phase 2 is a Plotted Development project by M/s. Axis Concepts Capstone Private limited in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/160224/006629 on 16 Feb 2024. Possession is promised by 15 Jan 2028.
At a glance
Project
- NameThe Midsummer Rain-Villa Plot Development Phase 2
- TypePlotted Development
- Location
- Devanahalli
- Bengaluru Rural
- 562110
- Pincode562110
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1250/303/PR/160224/006629
- ReraGenie IDRG-KA-24217
Builder
- NameM/s. Axis Concepts Capstone Private limited
- Entity typeCompany
- CINU45205KA2012PTC066826
- GSTIN29AALCA1121A1ZB
- Authorized SignatoryUmesh Sangurmath
- MdUmesh Sangurmath
- DirectorsUmesh Sangurmath, Ravi Anand Rao, Harish Babu
- Project HeadUmesh Sangurmath
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on16 Feb 2024
- Promised completion15 Jan 2028
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed99 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 |
|---|---|---|
| M/s. Axis Concepts Capstone Private limited | - | - |
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 2.37 cr | - |
| Administrative cost | Rs 18.05 lakh | - |
| Architect and Engineer Consultaant fees | Rs 11.80 lakh | - |
| Marketing fees | Rs 11.80 lakh | - |
| Escalation/Delay | Rs 10.00 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Palaksha V G |
| Chartered Accountant | Kumarvel D |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed99
As listed on the registration, under the names the promoter filed them with; the newest 80 of 99 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/303/PR/160224/006629 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| 3(1) AffidavitFile: 3(1) Affidavit.pdf | 8 Feb 2024 |
| Affidavit Non LitigationFile: Affidavit Non Litigation.pdf | 8 Feb 2024 |
| Allotment Letter Plot (2) Phase IIFile: Allotment Letter Plot (2) Phase II.pdf | 8 Feb 2024 |
| Approved Plan SanctionFile: Approved Plan Sanction.pdf | 8 Feb 2024 |
| Architect Form 2File: Architect Form 2.pdf | 8 Feb 2024 |
| Area statement of proposed residential layout planFile: Area statement of proposed residential layout plan.pdf | 8 Feb 2024 |
| Area StatementFile: Area Statement.pdf | 8 Feb 2024 |
| Balance sheet FY_22_23_1File: Balance sheet FY_22_23_1.pdf | 8 Feb 2024 |
| Bandaramanahalli 13 PlanFile: Bandaramanahalli 13 Plan.pdf | 8 Feb 2024 |
| Bank AffidavitFile: Bank Affidavit.pdf | 8 Feb 2024 |
| CA Certificate Form_1File: CA Certificate Form_1.pdf | 8 Feb 2024 |
| BESCOMFile: BESCOM.pdf | 8 Feb 2024 |
| Cash flow FY_22_23File: Cash flow FY_22_23.pdf | 8 Feb 2024 |
| CDP Demarked PlanFile: CDP Demarked Plan.jpeg | 8 Feb 2024 |
| cost estimation certificate_ArchitectFile: cost estimation certificate_Architect.pdf | 8 Feb 2024 |
| ECC Till dateFile: ECC Till date.pdf | 8 Feb 2024 |
| Engineer Licence AttestationFile: Engineer Licence Attestation.pdf | 8 Feb 2024 |
| Form 3(1)File: Form 3(1).pdf | 8 Feb 2024 |
| Estimated Cost for SY No 13File: Estimated Cost for SY No 13.pdf | 8 Feb 2024 |
| Form BFile: Form B.pdf | 8 Feb 2024 |
| Form_3 Engineer JAN 2024File: Form_3 Engineer JAN 2024.pdf | 8 Feb 2024 |
| Land calculationFile: Land calculation.pdf | 8 Feb 2024 |
| MR Gopal to Current ConversionFile: MR Gopal to Current Conversion.pdf | 8 Feb 2024 |
| NOC WaterFile: NOC Water.pdf | 8 Feb 2024 |
| Plan Sanction LetterFile: Plan Sanction Letter.pdf | 8 Feb 2024 |
| Plan SanctionFile: Plan Sanction.pdf | 8 Feb 2024 |
| Profit and loss FY 22_23File: Profit and loss FY 22_23.pdf | 8 Feb 2024 |
| Relinquishment DeedFile: Relinquishment Deed.pdf | 8 Feb 2024 |
| Soak pit and sewer lineFile: Soak pit and sewer line.pdf | 8 Feb 2024 |
| Source of fundFile: Source of fund.pdf | 8 Feb 2024 |
| AGREEMENT FOR SALE Axis conceptsFile: AGREEMENT FOR SALE Axis concepts.pdf | 8 Feb 2024 |
| Allotment letter axis capstoneFile: Allotment letter axis capstone.pdf | 8 Feb 2024 |
| Zoning_RegulationsFile: Zoning_Regulations.pdf | 8 Feb 2024 |
| ZR Amend FAR exemptnsFile: ZR Amend FAR exemptns.pdf | 8 Feb 2024 |
| Common areas axis CertifiedFile: Common areas axis Certified.pdf | 8 Feb 2024 |
| RTC, survey 13 | - |
| Mutation, survey 13 | - |
| Encumbrance Certificate, survey 13 | - |
| Conversion/Alienation Order, survey 13 | - |
| Sale/Title/Gift Deed, survey 13 | - |
| Khatha, survey 13 | - |
| Registration CertificateFile: Certificate of Incorporation.pdf | - |
| Certificate issued by CA Form 1File: CA Certificate Form_1.pdf | - |
| Certificate issued by Engineer Form 3File: Form_3 Engineer JAN 2024.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Certificate from Chartered AccountFile: CA Certificate Form_1.pdf | - |
| Certificate issued by ArchitectFile: Architect Form 2.pdf | - |
| Balance Sheet 2022 - 2023File: B S 2022.pdf | - |
| Balance Sheet 2021 - 2022File: B S 2021.pdf | - |
| Balance Sheet 2020 - 2021File: B S 2020.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: P L 2022.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: P L 2021.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: P L 2020.pdf | - |
| Cash Flow Statement 2022 - 2023File: Cash flow.pdf | - |
| Cash Flow Statement 2021 - 2022File: Cash flow 2021.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: ITR 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ITR 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR FY 20-21.pdf | - |
| Project Specification | - |
| Legal Opinion | - |
| AOS | - |
| Unnamed document | - |
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| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Sale Deed | - |
| Area Statement | - |
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Builder: M/s. Axis Concepts Capstone Private limited
M/s. Axis Concepts Capstone Private limited has 1 registration on RERA Karnataka, including The Midsummer Rain-Villa Plot Development Phase 2. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.
Frequently asked questions
What are my rights if The Midsummer Rain-Villa Plot Development Phase 2 is delayed beyond 15 Jan 2028?
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 The Midsummer Rain-Villa Plot Development Phase 2?
The registered promoter entity is M/s. Axis Concepts Capstone Private limited, a company as per the filing. Its CIN U45205KA2012PTC066826 and GSTIN 29AALCA1121A1ZB can be cross-checked on the MCA and GST portals. 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 The Midsummer Rain-Villa Plot Development Phase 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 The Midsummer Rain-Villa Plot Development Phase 2?
The professionals named in the filing: Engineer: Palaksha V G; Chartered Accountant: Kumarvel D. 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 The Midsummer Rain-Villa Plot Development Phase 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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