Bangalore/Project record

K-RERA · the public record

MAHALAXMI

· Land Trades Builders and Developers

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

37%construction reportedQ1 2026 filing
113units not bookedof 172 · Q1 2026 filing
172registered unitsK-RERA registration · read 16 Jul 2026

The record · free to read

Registration read 16 Jul 2026

Progress & dates

The timeline on file.

Promoter-reported construction

K-RERA quarterly filings · Q3 2025 to Q1 2026

declared completion

Not recorded

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

K-RERA registration · read 16 Jul 2026

Inventory & scale

What this registration contains.

Commercial & Residential / Flats & Shops
172

Filed categories, unchanged · K-RERA registration · read 16 Jul 2026

The whole registration

1.5registered acres

117.0registered units per acre

The average covers the registered land and all registered unit types. It does not describe the space, outlook or surroundings of an individual home.

From another project · Prestige Park Grove

A larger advertised area. Almost the same carpet area.

In Tower 14, E4 has 141 sq ft more saleable area than E2. Its carpet area is only 0.46 sq m larger. The report puts the two layouts side by side.

This illustrates the report format. These findings concern the named sample, not this project.

Read the sample report ↗
Prestige Park Grove · Tower 14 comparison · approved sample report
Prestige Park Grove · Tower 14 comparison · approved sample report

The source record

The details behind the headline.

K-RERA · PRM/KA/RERA/1257/334/PR/040524/006849

This project, on the record

The comparable facts of this project, from its own RERA registration record. Each context percentile names its exact comparison set, drawn from Quietlist’s full register store. The paid report adds drawing-read rows to this same table — what the filed plans show about the site, its edges and the unit layouts.

On the register

Land area5,947 sq m (1.5 acres)
Units registered172
Tower/wing entries1
Unit mix172 × Commercial & Residential / Flats & Shops

In context

Density117 units per acre
Density in context80th percentile of 4882 projects in this register (median 82.1)

Values as crawled from the official K-RERA record; context percentiles name their comparison population.

Official Registry Facts

Official project scale

RERA filing

Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.

DisclosureOfficial valueWhy it matters
Registered units172Total inventory registered with K-RERA.
Official carpet area21,314 sqmRegulator-disclosed project-level carpet area, not vision-derived room sums.
Official built-up area38,312 sqmUseful scale context when comparing density and project cost.
Registered land area5,947 sqmThe land area attached to this K-RERA registration.
Sanctioned FAR/FSI4.47Higher FAR generally means a denser vertical build, subject to site layout and open-space design.
Registered tower/wing entries1Official tower/wing count in the K-RERA detail page.
Parking total (reconciled)257Separate filed counts; these categories may overlap and are not added together.
Covered-parking field219Separate filed counts; these categories may overlap and are not added together.
Open-parking field38Separate filed counts; these categories may overlap and are not added together.
Garage field0Separate filed counts; these categories may overlap and are not added together.
Approved plan numberE4/Use this to match the sanctioned drawing set shown by the builder.
Plan approval date31-01-2024
Project start date01-06-2024

Official inventory & towers

RERA filing

K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.

Registered inventory mix

TypeUnitsShareOfficial carpet area
Commercial & Residential / Flats & Shops172100%21,314 sqm

Registered tower / wing summary

Tower/wingFloorsUnitsParkingHeight
MAHALAXMI34172257114.9 m

Official unit register

RERA filing

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 172 official flat/unit rows, matching the 172 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.

By unit type

Unit typeRowsCarpet areaUDSParking lots
3 BHK128108.3-116.6 sqm0.6-0.7 sqm128
2 BHK3275.4 sqm0.4 sqm32
SHOP1021.7-68.3 sqm0.1-0.3 sqm0 (10 with 0)
4 BHK2226.1-256.8 sqm1.3-1.4 sqm2

By tower / wing

Tower/wingRowsCarpet areaUDSParking lots
MAHALAXMI17221.7-256.8 sqm0.1-1.4 sqm162 (10 with 0)
Show sample official unit rows
UnitTowerFloorTypeCarpetUDSParking
A-LG1MAHALAXMI0SHOP68.3 sqm0.3 sqm0
A-LG2MAHALAXMI0SHOP67.8 sqm0.3 sqm0
B-LG1MAHALAXMI0SHOP51.8 sqm0.2 sqm0
B-LG2MAHALAXMI0SHOP51.1 sqm0.2 sqm0
B-LG3MAHALAXMI0SHOP28.4 sqm0.1 sqm0
B-LG4MAHALAXMI0SHOP21.7 sqm0.1 sqm0

Legal, Approvals & Project Team

Litigation & compliance

RERA filing

No litigation declared on this project's K-RERA filing.

15 of 46 compliance document slots are filed as Not Applicable; the remaining 31 slots have usable uploaded filings.

No completion certificate (OC) on file yet — project has not been declared complete.

Named utility/regulatory approvals

Electricity (BESCOM/ESCOM)✓ On file (Electricity Permission Letter)
Water & sewage (BWSSB/KWSSB)✓ On file (Water Permission Letter)
Fire NOC✓ On file (Fire Force Department)
Pollution control (KSPCB)✓ On file (KSPCB)
Environmental clearance✓ On file (SEIAA)
Airport Authority height clearance✓ On file (Airport Authority of India)

"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.

Statutory approval status

RERA filing

Clean approvals profile: every applicable statutory NOC is on file — including Fire NOC, environmental clearance and pollution-control clearance (KSPCB), the clearances buyers most often find still pending. Nothing is outstanding among the statutory NOCs — which compliance documents are filed versus still under process is a separate matter, covered in Litigation & compliance above. Since these are developer-filed portal statuses, have your lawyer confirm them against the linked NOC copies.

3 further authority slots are marked not applicable by the regulator.

Authority / NOCStatusDateFile
Water supply and sewage boardApproved02-11-202394 Water NOC.jpeg
KSPCB- PCB (10 Acres to 125 Acres)Approved16-04-202499 KSPCB Mahalaxmi.pdf
KSPCB- MOEF (Above 50 Acres)Approved05-06-2023100 Mahalaxmi Alake - Enviornmental Clearance.pdf
KPTCL- BESCOMApproved08-11-202393 MESCOM NOC.pdf
Fire and SafetyApproved22-06-202397 Alake Fire NOC_compressed.pdf
Airport Authority of IndiaApproved07-07-202398 Aiport NOC MAHALAXMI.pdf
BSNL/Telecommunication DepartmentApproved01-02-2023101 BSNL NOC Mahalaxmi Alake.pdf

Project team & certifications

RERA filing

K-RERA names 6 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.

RoleNameRegistration / licenceSinceLocality
Chartered accountantLaxmisha Rao K2431622012Udupi, Karnataka - 576101
EngineerShantilal Hastimal JainSTR/J/211984Mumbai City, Maharashtra - 400013
EngineerGokulrajMNG/BL/10156/20-212003Dakshina Kannada, Karnataka - 575003
ArchitectSaurabh ChatterjeeCOA/1994/171502004Mumbai City, Maharashtra - 400013
ArchitectMr. Nandan N BhatCA/2018/948422018Dakshina Kannada, Karnataka - 575003
ContractorMfar Construction Pvt Ltd-1990Dakshina Kannada, Karnataka - 575001

Builder track record

RERA filing

Land Trades has 18 other K-RERA-registered projects in our records (average reported construction progress 53%). 0 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder. That is a lower delayed rate than the K-RERA average across Bengaluru on the same measure.

Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.

Financials & Construction Progress

Financial disclosures

RERA filing

Latest quarterly filing (2026-Q1): ₹5.33 Cr collected from buyers, ₹2.82 Cr withdrawn from the project's escrow account.

Construction progress17% → 37% (+20 pts)
Units sold/booked as registered59/172 (34%)
Buyer collections in available QPRs₹12.72 Cr
Escrow withdrawals in available QPRs₹11.53 Cr (0.91x collections)
  • Construction progress moved from 17% to 37% across the filed QPR window.

QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.

Declared construction cost ÷ registered units averages to ₹86.4 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.

RERA 70% project account is on file: Karnataka Bank Ltd. Kodialbail IFSC Code : KARB0000476 Pin Code : 575003. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.

Location & Connectivity

The nearest major job hub is ~303 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
MG Road / city centre301 km
Outer Ring Road / Manyata303 km
Electronic City307 km
Bellandur–Marathahalli belt309 km
Kempegowda Int'l Airport313 km
Whitefield IT hub316 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

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Built by Land Trades. View Land Trades's full track record →
Land Trades has 17 projects registered in Bangalore, 2 completed.

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Other RERA-registered projects in Bharat Nagar

Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.

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Last checked against the RERA register: 16 Jul 2026