Laxmi Govind
RERA Property Intelligence Report · Preview
Land Trades Builders and Developers · · K-RERA PRM/KA/RERA/1257/334/PR/040524/006849
Report coverage
K-RERA registry & builder-record report
What this report covers
To confirm directly with the builder
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk rating, the specific red-flag findings, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the builder before you commit.
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.
| Disclosure | Official value | Why it matters |
|---|---|---|
| Registered units | 172 | Total inventory registered with K-RERA. |
| Official carpet area | 21,314 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Official built-up area | 38,312 sqm | Useful scale context when comparing density and project cost. |
| Registered land area | 5,947 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 4.47 | Higher FAR generally means a denser vertical build, subject to site layout and open-space design. |
| Registered towers/wings | 1 | Official tower/wing count in the K-RERA detail page. |
| Parking disclosed | 257 total (219 covered, 38 open) — 1.49 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Approved plan number | E4/ | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 31-01-2024 | |
| Project start date | 01-06-2024 |
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
| Type | Units | Share | Official carpet area |
|---|---|---|---|
| Commercial & Residential / Flats & Shops | 172 | 100% | 21,314 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| MAHALAXMI | 34 | 172 | 257 | 114.9 m |
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 type | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| 3 BHK | 128 | 108.3-116.6 sqm | 0.6-0.7 sqm | 128 |
| 2 BHK | 32 | 75.4 sqm | 0.4 sqm | 32 |
| SHOP | 10 | 21.7-68.3 sqm | 0.1-0.3 sqm | 0 (10 with 0) |
| 4 BHK | 2 | 226.1-256.8 sqm | 1.3-1.4 sqm | 2 |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| MAHALAXMI | 172 | 21.7-256.8 sqm | 0.1-1.4 sqm | 162 (10 with 0) |
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| A-LG1 | MAHALAXMI | 0 | SHOP | 68.3 sqm | 0.3 sqm | 0 |
| A-LG2 | MAHALAXMI | 0 | SHOP | 67.8 sqm | 0.3 sqm | 0 |
| B-LG1 | MAHALAXMI | 0 | SHOP | 51.8 sqm | 0.2 sqm | 0 |
| B-LG2 | MAHALAXMI | 0 | SHOP | 51.1 sqm | 0.2 sqm | 0 |
| B-LG3 | MAHALAXMI | 0 | SHOP | 28.4 sqm | 0.1 sqm | 0 |
| B-LG4 | MAHALAXMI | 0 | SHOP | 21.7 sqm | 0.1 sqm | 0 |
What the numbers tell you
Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.
🔒 Unit-by-unit guidance · Unit Guidance report
Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.
🔒 Full records — land title, amenities paperwork & document catalog · Compliance report
The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.
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
"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.
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.
| Role | Name | Registration / licence | Since | Locality |
|---|---|---|---|---|
| Chartered accountant | Laxmisha Rao K | 243162 | 2012 | Udupi, Karnataka - 576101 |
| Engineer | Shantilal Hastimal Jain | STR/J/21 | 1984 | Mumbai City, Maharashtra - 400013 |
| Engineer | Gokulraj | MNG/BL/10156/20-21 | 2003 | Dakshina Kannada, Karnataka - 575003 |
| Architect | Saurabh Chatterjee | COA/1994/17150 | 2004 | Mumbai City, Maharashtra - 400013 |
| Architect | Mr. Nandan N Bhat | CA/2018/94842 | 2018 | Dakshina Kannada, Karnataka - 575003 |
| Contractor | Mfar Construction Pvt Ltd | - | 1990 | Dakshina Kannada, Karnataka - 575001 |
Land Trades has 18 other K-RERA-registered projects in our records (average reported construction progress 37%). 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.
Latest quarterly filing (2025-Q3): ₹3.30 Cr collected from buyers, ₹5.40 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹5.40 Cr) exceeded buyer collections (₹3.30 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.
| Construction progress | 17% → 17% (+0 pts) |
| Buyer collections in available QPRs | ₹3.30 Cr |
| Escrow withdrawals in available QPRs | ₹5.40 Cr (1.64x collections) |
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.
The nearest major job hub is ~16 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| MG Road / city centre | 14 km |
| Outer Ring Road / Manyata | 16 km |
| Bellandur–Marathahalli belt | 24 km |
| Electronic City | 27 km |
| Whitefield IT hub | 30 km |
| Kempegowda Int'l Airport | 33 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.
Should you buy in MAHALAXMI?
This page is the free K-RERA filing summary. The full RERA Property Intelligence Report gives you buyer-complaint history, regulatory flags, builder track record, the official unit register, land title, NOCs, and (where the sanctioned plans support it) room-by-room unit data and an annotated site plan. See a real one first:
Sample: Sobha Silicon Oasis → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Built by Land Trades. View Land Trades's full track record →
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