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VENKATALAXMI TOWERS
By VENKATA LAXMI BUILDERS PRIVATE LIMITED
RG-KA-15008 · RERA PRM/KA/RERA/1273/320/PR/020823/006106 · Last updated on RERA Karnataka portal: 22 Jul 2023
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.
VENKATALAXMI TOWERS 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/020823/006106 on 2 Aug 2023. Possession is promised by 31 Dec 2029. 0 of the 128 units on this registration are recorded sold or booked, and 0 of 15 construction stages are filed complete.
At a glance
Project
- NameVENKATALAXMI TOWERS
- TypeResidential/Group Housing
- Location
- Kundapura
- Udupi
- 576257
- Pincode576257
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/320/PR/020823/006106
- ReraGenie IDRG-KA-15008
Builder
- NameVENKATA LAXMI BUILDERS PRIVATE LIMITED
- Entity typeCompany
- CINU45201KA2020PTC132645
- GSTIN29AAHCV3159P1ZH
- Authorized SignatoryHANGLUR CHANDRASHEKAR AITHAL
- Managing DirectorHANGLUR CHANDRASHEKAR AITHAL
- DirectorHEMAVATHI
- Project HeadHANGLUR CHANDRASHEKAR AITHAL
- Other registrations2 more →
- Past their filed date1
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on2 Aug 2023
- Promised completion31 Dec 2029
- Revised completionNone
- Buildings2 building records
- Documents filed112 files
Current status
Figures as on 22 Jul 2023, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VENKATALAKSHMI TOWER-BLOCK A | - | - | - | 48 | 0 | 48 |
| VENKATALAKSHMI TOWER-BLOCK B | - | - | - | 80 | 0 | 80 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 22 Jul 2023, 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 15 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 | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | - |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| 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 | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | Not applicable |
Progress on shared amenities40
As on 22 Jul 2023, 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 | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| 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 | Yes | - |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | No | Not applicable |
| Outer Wall | Yes | - |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
| Common storage spaces | Yes | - |
Land and ownership2
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 |
|---|---|---|
| H CHANDRASHEKAR AITHAL AND OTHERS | - | - |
| H CHANDRASHEKAR AITHAL AND OTHERS | - | - |
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| - | NA | Rs 52.00 cr | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | YOGISHCHANDRA DHARA |
| Engineer | M GOPAL BHAT |
| Chartered Accountant | P NARENDRA PAI |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed112
As listed on the registration, under the names the promoter filed them with; the newest 80 of 112 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1273/320/PR/020823/006106 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| directors details along with KYCFile: MD Director KYC.pdf | 22 Jul 2023 |
| CA CERTIFICATEFile: ca certificate.pdf | 22 Jul 2023 |
| NOC FROM sri venugopala krishna credit cooperative society limited, bangloreFile: dISCHARGE RECEIPT.pdf | 22 Jul 2023 |
| Mananje VSSNL Siddapura branch -NOCFile: NOC From Mannaje branch.pdf | 22 Jul 2023 |
| MRFile: MR COPY.pdf | 22 Jul 2023 |
| JDAFile: jda.pdf | 22 Jul 2023 |
| JDA AFFIDAVITFile: JDA affidavit.pdf | 22 Jul 2023 |
| AFFIDAVIT 3(1)File: affidavit 3(1).pdf | 22 Jul 2023 |
| FORM BFile: form b.pdf | 22 Jul 2023 |
| ENGINEER LICENCEFile: engineer licence.pdf | 22 Jul 2023 |
| STP -CERTIFIED COPYFile: STP-certified copy by engineer.pdf | 22 Jul 2023 |
| WATER NOCFile: water noc.pdf | 22 Jul 2023 |
| MESCOM NOCFile: mescom noc.pdf | 22 Jul 2023 |
| AIRPORT NOCFile: airport byelaw with location.pdf | 22 Jul 2023 |
| DISTANCE FROM SITE TO AIRPORTFile: distance from site to airport.pdf | 22 Jul 2023 |
| RERA ACCOUNTFile: RERA account.pdf | 22 Jul 2023 |
| GUIDANCE VALUEFile: Guidance value.pdf | 22 Jul 2023 |
| GPAFile: GPA.pdf | 22 Jul 2023 |
| BROUCHERFile: brocuher.pdf | 22 Jul 2023 |
| CLARIFICATIONFile: clarification.pdf | 22 Jul 2023 |
| RTC, survey 3/17 | - |
| Mutation, survey 3/17 | - |
| Encumbrance Certificate, survey 3/17 | - |
| Conversion/Alienation Order, survey 3/17 | - |
| Sale/Title/Gift Deed, survey 3/17 | - |
| Khatha, survey 3/17 | - |
| RTC, survey 3/18 | - |
| Mutation, survey 3/18 | - |
| Encumbrance Certificate, survey 3/18 | - |
| Conversion/Alienation Order, survey 3/18 | - |
| Sale/Title/Gift Deed, survey 3/18 | - |
| Khatha, survey 3/18 | - |
| Registration CertificateFile: company registartion certificate.pdf | - |
| Organization StructureFile: organization structure.pdf | - |
| Certificate issued by CA Form 1File: ca certificate_compressed.pdf | - |
| Certificate issued by Architect Form 2File: Form -2, Architect (PR).pdf | - |
| Certificate issued by Engineer Form 3File: Form - 3, Engineer (PR).pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: litigation affidavit.pdf | - |
| Certificate from Chartered AccountFile: ca certificate_compressed.pdf | - |
| Balance Sheet 2021 - 2022File: BS AY 2022-23.pdf | - |
| Balance Sheet 2020 - 2021File: BS AY 2021-22.pdf | - |
| Balance Sheet 2019 - 2020File: BS AY 2020-21.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: PL AY 2022-23.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: PL AY 2021-22.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: PL AY 2020-21.pdf | - |
| Director's Report 2021 - 2022File: Schedule on BS AY 2022-23_compressed.pdf | - |
| Director's Report 2020 - 2021File: Schedule on BS AY 2021-22.pdf | - |
| Director's Report 2019 - 2020File: Schedule on BS AY 2020-21.pdf | - |
| Cash Flow Statement 2021 - 2022File: CFS AY 2022-23.pdf | - |
| Cash Flow Statement 2020 - 2021File: CFS AY 2021-22.pdf | - |
| Auditor's Report 2021 - 2022File: Audit Report AY 2022-23.pdf | - |
| Auditor's Report 2020 - 2021File: Auditors reports AY 2021-22_compressed.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ITR AY 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR AY 2021-22.pdf | - |
| building licence | - |
| sanction plan | - |
| single layout_compressed | - |
| sanction plan | - |
| sanction plan | - |
| sanction plan | - |
| specification_compressed | - |
| single layout_compressed | - |
| single layout_compressed | - |
| stability certificate | - |
| search report | - |
| title deed 172 50 cents | - |
| conversion 172 50 cents | - |
| conversion 172 50 cents | - |
| jda | - |
| proforma AOS | - |
| proforma allotment letter | - |
| broucher_compressed | - |
| rera form B | - |
| affidavit 3(!) | - |
| JDA affidavit | - |
| mescom noc | - |
| water noc | - |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| VENKATALAXMI RESIDENCY | SY.NO. 49/1,49/2,49/3A,49/11, AT HANGALUR VILLAGE, KUNDAPURA | Completed | - | Not delivered |
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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 TOWERS 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 VENKATALAXMI TOWERS?
The registered promoter entity is VENKATA LAXMI BUILDERS PRIVATE LIMITED, a company as per the filing. Its CIN U45201KA2020PTC132645 and GSTIN 29AAHCV3159P1ZH 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 TOWERS?
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 TOWERS?
The professionals named in the filing: Architect: YOGISHCHANDRA DHARA; Engineer: M GOPAL BHAT; Chartered Accountant: P NARENDRA PAI. 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 TOWERS?
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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