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VENKATALAXMI RESIDENCY
By VENKATA LAXMI BUILDERS PRIVATE LIMITED
RG-KA-54294 · RERA PRM/KA/RERA/1273/320/PR/200827/003576 · Last updated on RERA Karnataka portal: 13 Aug 2020
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
Saved.
VENKATALAXMI RESIDENCY is a Residential/Group Housing project by VENKATA LAXMI BUILDERS PRIVATE LIMITED in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/320/PR/200827/003576 on 27 Aug 2020. Possession is promised by 31 Mar 2023. 0 of the 75 units on this registration are recorded sold or booked, and 0 of 16 construction stages are filed complete.
At a glance
Project
- NameVENKATALAXMI RESIDENCY
- TypeResidential/Group Housing
- Location
- Kundapura
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/320/PR/200827/003576
- ReraGenie IDRG-KA-54294
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on27 Aug 2020
- Promised completion31 Mar 2023
- Revised completionNone
- Buildings1 building record
- Documents filed63 files
Current status
Figures as on 13 Aug 2020, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VENKATALAXMI RESIDENCY | - | - | - | 75 | 0 | 75 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 13 Aug 2020, 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.
0 of 16 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.
Building: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities37
As on 13 Aug 2020, 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 | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Education/Health/Other public amenities | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | Yes | - |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | Yes | - |
| Parks | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | No | Not applicable |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | 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 |
|---|---|---|
| HANGLUR CHANDRASHEKAR AITHAL | - | - |
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | YOGISHCHANDRA DHARA |
| Engineer | M.GOPAL BHAT |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed63
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/1273/320/PR/200827/003576 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| sancation plan medium sizeFile: SANCTION PLAN_MEDIUM.pdf | 13 Aug 2020 |
| sancation plan LOW SIZEFile: SANCTION PLAN_VERY LOW.pdf | 13 Aug 2020 |
| SPECIFICATIONFile: SPECIFICATION.pdf | 13 Aug 2020 |
| BROUCHERFile: Venkatlaxmi Residency KND.pdf | 13 Aug 2020 |
| CertificateFile: COMPANY REGISTRATION CERTIFICATE.pdf | - |
| COMMECEMENT CERTIFICATE | - |
| SANCTION PLAN_VERY LOW | - |
| SANCTION PLAN HIGH | - |
| PROFORMA OF - DEED OF SALE | - |
| PROFORMA OF AGREEMENT FOR SALE | - |
| RELEASE DEED | - |
| SANCTION PLAN_VERY LOW | - |
| SINGLE LAYOUT | - |
| Allotment Letter | - |
| BROUCHER | - |
| SPECIFICATION | - |
| EC 1999 to JUNE 2020-1 | - |
| Notarized Affidavit for 3(1) Voliation | - |
| FROM B | - |
| E KATHA | - |
| SALE DEED | - |
| COMPANY REGISTR DEED | - |
| CONVERSION ORDER_compressed | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| NOC from MESCOM | - |
| WATER SUPPLY NOC | - |
| KSPCB NOC_page-0001_compressed (1) | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| KSPCB NOC | - |
| SINGLE LAYOUT | - |
| SANCTION PLAN_MEDIUM | - |
| CONVERSION ORDER_compressed | - |
| Unnamed document | - |
| Balance Sheet 2018 - 2019File: Project Report 11.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Project Report 11.pdf | - |
| Director's Report 2018 - 2019File: Project Report 11.pdf | - |
| Cash Flow Statement 2018 - 2019File: Project Report 11.pdf | - |
| Auditor's Report 2018 - 2019File: Project Report 11.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: Project Report 11.pdf | - |
| FROM B | - |
| Prospectus/BrochureFile: BROUCHER.pdf | - |
| Tower Excel SheetFile: PRMKARERA1273320PR200827003576.xlsx | - |
| Occupancy CertificateFile: Occupancy Certificate.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: ARCHITECT COMPLETION CERTIFICATE.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4cc.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: completion affidavit.pdf | - |
| engineer certificateFile: Form -6, Engineer Completion.pdf | - |
| completionFile: completion Certificate.pdf | - |
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Builder: VENKATA LAXMI BUILDERS PRIVATE LIMITED
VENKATA LAXMI BUILDERS PRIVATE LIMITED has 3 registrations on RERA Karnataka, including VENKATALAXMI TOWERS and VENKATALAXMI RESIDENCY. Its filings disclose 2 earlier RERA Karnataka projects, none completed yet. Read the full track record. See more projects on the Udupi district page.
Frequently asked questions
What are my rights if VENKATALAXMI RESIDENCY is delayed beyond 31 Mar 2023?
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 VENKATALAXMI RESIDENCY?
The registered promoter entity is VENKATA LAXMI BUILDERS PRIVATE LIMITED, a company as per the filing. Its CIN U45201KA2020PTC132645 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 VENKATALAXMI RESIDENCY?
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 VENKATALAXMI RESIDENCY?
The professionals named in the filing: Architect: YOGISHCHANDRA DHARA; Engineer: M.GOPAL BHAT. 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 VENKATALAXMI RESIDENCY?
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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