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THE OLIVE PEARL
RG-KA-08032 · RERA PRM/KA/RERA/1249/447/PR/210526/008668 · Last updated on RERA Karnataka portal: 15 Oct 2026
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 OLIVE PEARL is a Residential/Group Housing project by MANGALMURTI HOMES in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/210526/008668 on 21 May 2026. Possession is promised by 31 Dec 2029. 5 of the 12 units on this registration are recorded sold or booked, and 3 of 16 construction stages are filed complete.
At a glance
Project
- NameTHE OLIVE PEARL
- TypeResidential/Group Housing
- Location
- Belagavi
- PincodeNot stated
- RERA no.PRM/KA/RERA/1249/447/PR/210526/008668
- ReraGenie IDRG-KA-08032
Builder
- NameMANGALMURTI HOMES
- Entity typeProprietorship
- GSTIN29AGZPP5613P2Z6
- Authorized SignatoryANAND PARASHARAM PATIL
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on21 May 2026
- Promised completion31 Dec 2029
- Revised completionNone
- Buildings1 building record
- Documents filed66 files
Current status
Figures as on 15 Oct 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| THE OLIVE PEARL | - | - | - | 12 | 0 | 12 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 Oct 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
3 of 16 construction stages are filed complete. The stage furthest along is Sub-structure flooring (Parking Floor, at 75%.
Building: 33% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 100% |
| Upto Plinth Level | 100% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 75% |
| Retaining wall (All types) | Not applicable |
| RCC or MS Framed structure | 60% |
| Masonry Construction | 40% |
| Plastering inside , outside & Ceiling | 25% |
| Joinery: Doors, Windows, Ventilators etc | 10% |
| Basic work of Water supply, Sanitary and Electrification | 15% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 0% |
| Railing and Grill fixing | 0% |
| Electrification, Water supply and Sanitary Finishing | 10% |
| Painting | 0% |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | 0% |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | 0% |
| Internal and External work including landscapes as per sanctioned drawings | 0% |
Progress on shared amenities40
As on 15 Oct 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 0% |
| Sewage and Drainage System | Yes | 0% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 0% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | Yes | 0% |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | 0% |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | 0% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 0% |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | 0% |
| Piped Gas | Yes | 0% |
| Water and Sanitation | Yes | 0% |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 50% |
| Lifts | Yes | 30% |
| Corridor/Lobbies | Yes | 40% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | 20% |
| Basement | No | Not applicable |
| Terrace | Yes | 0% |
| Outer Wall | Yes | 20% |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | 0% |
| Common storage spaces | No | Not applicable |
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 |
|---|---|---|
| Anand Parasharam patil | - | - |
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 3.50 cr | Rs 1.03 cr |
| On-site expenditure-Consultants Fees | Rs 38.00 lakh | Rs 25.00 lakh |
| Administrative Costs | Rs 30.00 lakh | Rs 23.91 lakh |
| On-site expenditure-Salaries of workers | Rs 20.00 lakh | Rs 10.00 lakh |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Kuldeep B More |
| Engineer | Vinay Janardhan Behere |
| Chartered Accountant | Nitin Ramesh Nimbalkar |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed66
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/1249/447/PR/210526/008668 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: CA certificate q2.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Architect certificate q2.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Engineer certificate q2.pdf | 15 Oct 2026 |
| Q2 2026-27 KPTCL- BESCOM | 15 Oct 2026 |
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: CA form 5.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-5 Certificate issued by ArchitectFile: Architect certificate.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: ENGINEER CERTIFICATE.pdf | 15 Jul 2026 |
| Q1 2026-27 KPTCL- BESCOM | 15 Jul 2026 |
| Structural Engineer CertificateFile: 1 Structural Engineer Certificate.pdf | 16 May 2026 |
| Guidance ValueFile: 2 Guidance Value.pdf | 16 May 2026 |
| Registration CertificateFile: Udyam Reg Certi.pdf | - |
| GST CertificateFile: GST Certificate.pdf | - |
| Certificate issued by CA Form 1File: Form 1 CA Certificate M.pdf | - |
| Certificate issued by Architect Form 2File: Form 5 Architect Certificate - THE OLIVE PEARL.pdf | - |
| Certificate issued by Engineer Form 3File: FORM No 06 - ENGINEER CERTIFICATE.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: No Litigation - Affidavit.pdf | - |
| Balance Sheet 2024 - 2025File: Balancesheet 2024-25.pdf | - |
| Balance Sheet 2023 - 2024File: Balancesheet 2023-24.pdf | - |
| Balance Sheet 2022 - 2023File: Balancesheet 2022-23.pdf | - |
| Audited Profit and Loss Statement 2024 - 2025File: Balancesheet 2024-25.pdf | - |
| Audited Profit and Loss Statement 2023 - 2024File: Balancesheet 2023-24.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: Balancesheet 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2024 - 2025File: ITR 2024-25.pdf | - |
| Income Tax Return Acknowledgement 2023 - 2024File: ITR 2023-24.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: ITR 2022-23.pdf | - |
| Building License | - |
| Building Plan | - |
| Sectional Elevation | - |
| STABILITY CERTIFICATE - THE OLIVE PEARL | - |
| Project Specification | - |
| Proforma of AOS | - |
| Allotment Letter | - |
| Form B Affidavit | - |
| No Voilation Affidavit | - |
| legal opinion | - |
| HESCOM NOC - Affidavit | - |
| Water NOC - Affidavit | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| legal opinion | - |
| 1 Conversion Order | - |
| 2 sale deed in favor of Narayana Gajana | - |
| 3 Will | - |
| 4 Sale deed_11zon | - |
| 5 Partition Deed | - |
| 6 CTS EXTRACT | - |
| Katha | - |
| Abstract Estimation | - |
| Amenities Details | - |
| ESTIMATION | - |
| Land Cost Calculation | - |
| STABILITY CERTIFICATE - THE OLIVE PEARL | - |
| map ADLR | - |
| CDP | - |
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Builder: MANGALMURTI HOMES
MANGALMURTI HOMES has 1 registration on RERA Karnataka, including THE OLIVE PEARL. 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 THE OLIVE PEARL is delayed beyond 31 Dec 2029?
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 OLIVE PEARL?
The registered promoter entity is MANGALMURTI HOMES, a proprietorship as per the filing. Its GSTIN 29AGZPP5613P2Z6 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 OLIVE PEARL?
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 OLIVE PEARL?
The professionals named in the filing: Architect: Kuldeep B More; Engineer: Vinay Janardhan Behere; Chartered Accountant: Nitin Ramesh Nimbalkar. 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 OLIVE PEARL?
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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