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Registration approved Litigation declared Plotted Development project

The Midsummer Rain-Villa Plot Development Phase 3

By AXIS CAPSTONE REALTY LLP

RG-KA-07544 · RERA PRM/KA/RERA/1250/303/PR/030924/006983 · Last updated on RERA Karnataka portal: 15 Apr 2026

Source: official RERA Karnataka filing

Red flags

  • Litigation declared

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Apr 2028Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 104 documents Report an error

The Midsummer Rain-Villa Plot Development Phase 3 is a Plotted Development project by AXIS CAPSTONE REALTY LLP in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/303/PR/030924/006983 on 3 Sep 2024. Possession is promised by 30 Apr 2028.

At a glance

Project

  • NameThe Midsummer Rain-Villa Plot Development Phase 3
  • 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/030924/006983
  • ReraGenie IDRG-KA-07544

Builder

  • NameAXIS CAPSTONE REALTY LLP
  • Entity typePartnership Firm
  • LLPINAAU-2067
  • GSTIN29AAGFU5899K1Z4
  • Authorized SignatoryUmesh Sangurmath
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredSep 2024PromisedApr 2028

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on3 Sep 2024
  • Promised completion30 Apr 2028
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed104 files

Current status

90.7%Of the estimated cost spent so far

Figures as on 15 Apr 2026, this project's latest RERA Karnataka filing.

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.

Named landowners1
LandownerVillageDistrict
Axis Capstone Realty LLP--

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 7.09 cr
Cost incurredRs 6.43 cr
Spent of the estimate90.69%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 6.01 crRs 5.50 cr
Administrative CostRs 42.42 lakhRs 42.42 lakh
On-site expenditure-Consultants FeesRs 27.00 lakhRs 27.00 lakh
Marketing CostRs 23.60 lakhRs 23.60 lakh
Escalation/DelayRs 15.00 lakh-

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
EngineerPalaksha V G
Chartered AccountantKumaravel D

Litigation declaredYes

The promoter declares litigation on this registration. The case records are in the filed documents.

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed104

As listed on the registration, under the names the promoter filed them with; the newest 80 of 104 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/303/PR/030924/006983 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form4 CA certificate.pdf15 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form -6, Engineer.pdf15 Apr 2026
Q4 2025-26 KPTCL- BESCOM15 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form4 CA certificate.pdf5 Jan 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form -6, Engineer.pdf5 Jan 2026
Q3 2025-26 KPTCL- BESCOM5 Jan 2026
Reply to QueryFile: Reply to Query.pdf31 Jul 2024
Source of Fund with supporting documentsFile: 2 Source of Fund with supporting documents.pdf31 Jul 2024
Form 1 CA CertificateFile: 3 Form 1 CA Certificate.pdf31 Jul 2024
Loan Sanction LetterFile: 3 Loan Sanction Letter.pdf31 Jul 2024
Interim OrderFile: 5 Interim Order.pdf31 Jul 2024
Sale Deed to Axis Capstone Realty LLPFile: 5 Sale Deed to Axis Capstone Realty LLP.pdf31 Jul 2024
Litigation AffidavitFile: 6 Litigation Affidavit.pdf31 Jul 2024
Horticulture NOC DeclarationFile: 7 Horticulture NOC Declaration.pdf31 Jul 2024
Area CDP PlanFile: 8 Area CDP Plan.pdf31 Jul 2024
Change of Land UseFile: 8 Change of Land Use.pdf31 Jul 2024
Village MapFile: 9 Village Map.pdf31 Jul 2024
Proforma of Allotment LetterFile: 10 Proforma of Allotment Letter.pdf31 Jul 2024
BESCOM NOC Application with fee paid receiptFile: 11 BESCOM NOC Application with fee paid receipt.pdf31 Jul 2024
Panchayath NOCFile: 12 Panchayath NOC.pdf31 Jul 2024
Karnataka Ground water authority ApplicationFile: 13 Karnataka Ground water authority Application.pdf31 Jul 2024
Financial Declaration - Ravi RaoFile: 4 Financial Declaration - Ravi Rao.pdf31 Jul 2024
Balance Sheet FY 22-23 UmeshFile: 4 Balance Sheet FY 22-23 Umesh.pdf31 Jul 2024
RTC, survey 16/2-
Mutation, survey 16/2-
Encumbrance Certificate, survey 16/2-
Conversion/Alienation Order, survey 16/2-
Sale/Title/Gift Deed, survey 16/2-
Khatha, survey 16/2-
Registration CertificateFile: Firm Registration Certificate.pdf-
Partnership DeedFile: LLP Agreement.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1 CA Certificate.pdf-
Certificate issued by Engineer Form 3File: Form 3 Engineer Certificate.pdf-
Project Chartered Accountant-
Project Engineer-
Land Litigation Details-
Certificate from Chartered AccountFile: Form 1 CA Certificate.pdf-
Certificate issued by ArchitectFile: Form 2 Architect Certificate.pdf-
Balance Sheet 2022 - 2023File: Balance Sheet FY 2022-23.pdf-
Balance Sheet 2021 - 2022File: Balance Sheet FY 2021-22.pdf-
Audited Profit and Loss Statement 2022 - 2023File: Profit and Loss FY 2022-23.pdf-
Audited Profit and Loss Statement 2021 - 2022File: Profit and Loss FY 2021-22.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: ITR FY 2022-23.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: ITR FY 2021-22.pdf-
Plan Approval Letter-
BESCOM NOC Application with fee paid receipt-
Approved Layout Plan-
Approved Layout Plan-
Approved Layout Plan-
Project Specification-
Legal Opinion-
Change of Land Use-
Conversion Order Sy No 16 2-
Proforma of Agreement for Sale-
Proforma of Allotment Letter-
Brochure-
Form B Affidavit-
Sec 3(1) Affidavit-
BESCOM NOC Application with fee paid receipt-
Unnamed document-
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Relinquishment Deed Note-
Easementary Agreement-
Partition Deed-
Sale Deed to Gopal-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one has not
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Rural650+ in Bengaluru Rural

2 kmThe Midsummer Rain-VillaOther 26Dot size: filed unitsN

Filed coordinates, straight-line distance. 26 registered projects within 2 km.

Builder: AXIS CAPSTONE REALTY LLP

AXIS CAPSTONE REALTY LLP has 2 registrations on RERA Karnataka, including The Midsummer Rain-Villa Plot Development Phase 3 and The Midsummer Rain-Villa Plot Development Phase 4. Its filings declare 1 earlier project, none of them declared completed. Litigation is declared on 1 of its registrations. 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 3 is delayed beyond 30 Apr 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 3?

The registered promoter entity is AXIS CAPSTONE REALTY LLP, a partnership firm as per the filing. Its LLPIN AAU-2067 and GSTIN 29AAGFU5899K1Z4 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 3?

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 3?

The professionals named in the filing: Engineer: Palaksha V G; Chartered Accountant: Kumaravel 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 3?

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; how the declared litigation on this registration affects your risk; 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 The Midsummer Rain-Villa Plot Development Phase 3. 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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