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Registration approved Residential/Group Housing project

Aakar Acropolis Block C

By AAKAR PROPERTIES

RG-KA-53204 · RERA PRM/KA/RERA/1268/378/PR/201029/003671 · Last updated on RERA Karnataka portal: 22 Oct 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
Sep 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 58 documents Report an error

Aakar Acropolis Block C is a Residential/Group Housing project by AAKAR PROPERTIES in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/201029/003671 on 29 Oct 2020. Possession is promised by 23 Sep 2022.

At a glance

Project

  • NameAakar Acropolis Block C
  • TypeResidential/Group Housing
  • Location
    • MYSORE
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1268/378/PR/201029/003671
  • ReraGenie IDRG-KA-53204

Builder

  • NameAAKAR PROPERTIES
  • Entity typePartnership Firm
  • Authorized SignatoryRAVI R
  • Other registrations2 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredOct 2020PromisedSep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Oct 2020
  • Promised completion23 Sep 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed58 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK C---42042

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 22 Oct 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.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 22 Oct 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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyNoNot 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.

Land area8,066 sq m
Named landowners1
LandownerVillageDistrict
SWAPNA ARUN & 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.

Separate project accountDeclared
Estimated costRs 9.96 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectVIBGYOR
EngineerDEEP CONSULTANTS

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed58

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/1268/378/PR/201029/003671 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Reply for final notice dated 17/10/20File: Reply Final Notice.JPG22 Oct 2020
Debarkation plan with addressFile: Development plan - debarkation plan.pdf7 Oct 2020
Previous Project Quarterly Updates - Q1 20-21File: 1st Quarter - 30.06.2020.pdf2 Oct 2020
Previous Project Quarterly Updates - Q4 2019-20File: 4th Quarter - 31.03.2020.pdf2 Oct 2020
Previous Project Quarterly Updates - Q3 2019-20File: 3rd Quarter - 31.12.2019.pdf2 Oct 2020
Previous Project Quarterly Updates - Q2 2019-20File: 2nd Quarter - 30.09.2019.pdf2 Oct 2020
Previous Project Quarterly Updates - Q1 2019-20File: 1st Quarter - 30.06.2019.pdf2 Oct 2020
Previous Project Quarterly Updates - Q4 2018-19File: 4th Quarter - 31.03.19.pdf2 Oct 2020
Previous Project Quarterly Updates - Q3 2018-19File: 3rd Quarter - 31.12.18.pdf2 Oct 2020
Aakar Acropolis Block C Bank account statementFile: AAKAR ACROPOLIS Block C Bank Statement.JPG2 Oct 2020
Balance sheet 2018-19 with UDINFile: Balance sheet 2018-2019 (UDIN).JPG2 Oct 2020
Notarized Joint Affidavit cum DeclarationFile: Affidavit cum Declaration.pdf2 Oct 2020
Notarized affidavit for 3(1) violationFile: Affidavit 3(1) Violation.pdf2 Oct 2020
Approved Layout PlanFile: Approved layout plan - C.pdf2 Oct 2020
CertificateFile: Firm Registration Certificate.pdf-
Commencement Certificate-
Approved building plan - C-
Approved layout plan - C-
Proforma of Sale deed-
Proforma of Sale Agreement-
Sale Deed & RTC-
Approved Section drawing - C-
Area Development plan-
Proforma of Allotment Letter-
Brochure - C-
Projects Specifications-
Encumbrance Certificate-
GPA Block C-
Aakar properties Khatha-
JDA Block C-
Relinquishment Deed-
Fire NOC-
Airport Authority NOC-
CHESCOM NOC-
MWSSB NOC-
PCB-
Unnamed document-
Section Drawing- A & C block-
Existing Layout plan-
Existing Section of building-
Conversion certificate-
legal Opinion-
Balance Sheet 2018 - 2019File: Balance Sheet - FY 2019-20.PDF-
Balance Sheet 2017 - 2018File: Balance sheet - FY 2018-19.PDF-
Balance Sheet 2016 - 2017File: Balance sheet - FY 2017-18.PDF-
Audited Profit and Loss Statement 2018 - 2019File: Profit and Loss - FY 2019-20.PDF-
Audited Profit and Loss Statement 2017 - 2018File: Profit and Loss - FY 2018-19.PDF-
Audited Profit and Loss Statement 2016 - 2017File: Profit and loss - FY 2017-18.PDF-
Auditor's Report 2018 - 2019File: Audit Report Form 3CB & 3CD - FY 2019-20.pdf-
Auditor's Report 2017 - 2018File: Audit Report Form 3CB & 3CD -FY 2018-19.pdf-
Auditor's Report 2016 - 2017File: Audit Report Form 3CB & 3CD - FY 2017-18.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 5 - AY 2020-21.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 5 - AY 2019-20.PDF-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 5 - AY 2018-19.PDF-
Form - B-
Prospectus/BrochureFile: C Block Brochure.pdf-
Advertisement Copy 1File: C block advertisement.jpg-
Tower Excel SheetFile: C block unit details.xlsx-

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.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Aakar Acropolis Block A-OngoingJan 2021Not delivered

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Other projects near Mysore700+ in Mysore

2 kmAakar Acropolis Block COther 20Dot size: filed unitsN

Filed coordinates, straight-line distance. 20 registered projects within 2 km.

Builder: AAKAR PROPERTIES

AAKAR PROPERTIES has 3 registrations on RERA Karnataka, including AAKARACROPOLIS and Aakar Acropolis D & B. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if Aakar Acropolis Block C is delayed beyond 23 Sep 2022?

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 Aakar Acropolis Block C?

The registered promoter entity is AAKAR PROPERTIES, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 Aakar Acropolis Block C?

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 Aakar Acropolis Block C?

The professionals named in the filing: Architect: VIBGYOR; Engineer: DEEP CONSULTANTS. 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 Aakar Acropolis Block C?

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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