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Registration approved Residential/Group Housing project

AAVANI LOTUS

By Aavani Promoters & Developers

RG-KA-88813 · RERA PRM/KA/RERA/1257/333/PR/171230/001941

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
Apr 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 41 documents Report an error

AAVANI LOTUS is a Residential/Group Housing project by Aavani Promoters & Developers in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/333/PR/171230/001941 on 30 Dec 2017. Possession is promised by 30 Apr 2018.

At a glance

Project

  • NameAAVANI LOTUS
  • TypeResidential/Group Housing
  • Location
    • Dakshina Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1257/333/PR/171230/001941
  • ReraGenie IDRG-KA-88813

Builder

  • NameAavani Promoters & Developers
  • Entity typePartnership Firm
  • Authorized SignatoryNishanth Shet
  • DirectorJeethesh M

Key dates

this monthRegisteredDec 2017PromisedApr 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Dec 2017
  • Promised completion30 Apr 2018
  • Revised completionNone
  • Buildings1 building record
  • Documents filed41 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
AAVANI LOTUS---17017

The full filing

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

Construction progress by building1

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)-
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 workNot applicable
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

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 conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymYes-
ParksNoNot applicable
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionYes-
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 spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area687 sq m
Named landownersNone

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 2.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectDINESH SHET ASSOCIATES
EngineerANIL HEGDE

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed41

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/1257/333/PR/171230/001941 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: licence.pdf-
licence-
Floor&site_plan-
Floor&site_plan-
sale_deed-
sale_deed-
2_Compressed-
plan-
development_certifct-
sale_deed-
Avani Brochure - 01-
NOC-
Brochure-
khtha_rtc_landarea-
khtha_rtc_landarea-
PARTNERSHIP DEED-
Balance Sheet 2015 - 2016File: 2016-17 PL, BS ITR.pdf-
Balance Sheet 2014 - 2015File: 2015-16 pl , bs , ITR .pdf-
Balance Sheet 2013 - 2014File: 2014-15 pl, bs ITR.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2016-17 PL, BS ITR.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2015-16 pl , bs , ITR .pdf-
Audited Profit and Loss Statement 2013 - 2014File: 2014-15 pl, bs ITR.pdf-
Director's Report 2015 - 2016File: 2016-17 PL, BS ITR.pdf-
Director's Report 2014 - 2015File: 2015-16 pl , bs , ITR .pdf-
Director's Report 2013 - 2014File: 2014-15 pl, bs ITR.pdf-
Cash Flow Statement 2015 - 2016File: 2016-17 PL, BS ITR.pdf-
Cash Flow Statement 2014 - 2015File: 2015-16 pl , bs , ITR .pdf-
Auditor's Report 2015 - 2016File: 2016-17 PL, BS ITR.pdf-
Auditor's Report 2014 - 2015File: 2015-16 pl , bs , ITR .pdf-
Auditor's Report 2013 - 2014File: 2014-15 pl, bs ITR.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 2016-17 PL, BS ITR.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 2015-16 pl , bs , ITR .pdf-
Income Tax Return Acknowledgement 2013 - 2014File: 2014-15 pl, bs ITR.pdf-
AFFIDAVIT-
Prospectus/BrochureFile: Brochure.pdf-
Advertisement Copy 1File: 8c2ed-5bcoc.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1257_333_PR_171230_001941 (5).xlsx-
Occupancy CertificateFile: completion certificate or occupancy certificate.pdf-
Completion certificate issued by the competent authorityFile: completion certificate or occupancy certificate.pdf-
Registered Agreement of SaleFile: Doc 1 compressed .pdf-
Registered conveyance deed for an individual unitFile: Doc 2 compressed .pdf-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one has not
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

Builder: Aavani Promoters & Developers

Aavani Promoters & Developers has 1 registration on RERA Karnataka, including AAVANI LOTUS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if AAVANI LOTUS is delayed beyond 30 Apr 2018?

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 AAVANI LOTUS?

The registered promoter entity is Aavani Promoters & Developers, 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 AAVANI LOTUS?

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 AAVANI LOTUS?

The professionals named in the filing: Architect: DINESH SHET ASSOCIATES; Engineer: ANIL HEGDE. 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 AAVANI LOTUS?

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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