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Registration approved No litigation declared Plotted Development project

ACHALUM

By ACHAL DEVELOPERS

RG-KA-88711 · RERA PRM/KA/RERA/1251/308/PR/060423/005850 · Last updated on RERA Karnataka portal: 24 Mar 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
Aug 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 155 documents Report an error

ACHALUM is a Plotted Development project by ACHAL DEVELOPERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/060423/005850 on 6 Apr 2023. Possession is promised by 31 Aug 2023.

At a glance

Project

  • NameACHALUM
  • TypePlotted Development
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/060423/005850
  • ReraGenie IDRG-KA-88711

Builder

  • NameACHAL DEVELOPERS
  • Entity typePartnership Firm
  • GSTIN29ABYFA8132AIZ9
  • Authorized SignatoryCHAITANYA REVANKAR
  • Other registrations1 more →

Key dates

this monthRegisteredApr 2023PromisedAug 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on6 Apr 2023
  • Promised completion31 Aug 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed155 files

The full filing

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

Land and ownership16

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

Named landowners16
LandownerVillageDistrict
ASHA REVANKAR--
CHAITANYA REVANKAR--
SRINIVAS P--
MANJUNATHA C P--
CHAITANYA REVANKAR--
AJAY K--
SRINIVAS P--
USHA M--
MANJUNATHA C P--
CHAITANYA REVANKAR--
NARAYANASWAMY--
RENUKAMMA--
RENUKAMMA--
ACHALDAS T REVANKAR--
RENUKAMMA--
CHAITANYA REVANKAR--

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 3.98 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 2.57 cr-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 92.30 lakh-
On-site expenditure-Salaries of workersRs 35.00 lakh-
On-site expenditure-Site OverheadRs 7.65 lakh-
On-site expenditure-Consultants FeesRs 6.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerACHALDAS T REVANKAR
Chartered Accountant12

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed155

As listed on the registration, under the names the promoter filed them with; the newest 80 of 155 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/308/PR/060423/005850 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Village MapFile: village map.pdf24 Mar 2023
Non-litigation affidavitFile: Non-Litigation Affidavit.pdf24 Mar 2023
CDP MapFile: CDP MAP.pdf24 Mar 2023
Form - BFile: Form B.pdf24 Mar 2023
Explanation of Site dimension & layout plan not matchingFile: site dimension and layout plan nt matching.pdf24 Mar 2023
Engineer Certificate with brief cost of construction detailsFile: Eng certificate (1).pdf24 Mar 2023
Notarized AffidavitFile: Affidavit.pdf24 Mar 2023
Line demarcation drawing of UGD/STPFile: ugd -Model_230320_084846.pdf24 Mar 2023
Line demarcation drawing of WATERFile: WATER SUPPLY_230320_084923.pdf24 Mar 2023
Reason for delay in RERA RegistrationFile: reason for delay in rera registration.pdf24 Mar 2023
Sources of fund to complete the projectFile: Declaration of source of funds.pdf24 Mar 2023
Project PicturesFile: project picture (1).pdf24 Mar 2023
Estimate Cost of BescomFile: eletricity estimate.pdf24 Mar 2023
CA CertificateFile: CA - ACHAL RERA CERTI_230324_191021.pdf24 Mar 2023
RTC, survey 104/4-
Mutation, survey 104/4-
Encumbrance Certificate, survey 104/4-
Conversion/Alienation Order, survey 104/4-
Sale/Title/Gift Deed, survey 104/4-
Khatha, survey 104/4-
RTC, survey 104/5-
Mutation, survey 104/5-
Encumbrance Certificate, survey 104/5-
Conversion/Alienation Order, survey 104/5-
Sale/Title/Gift Deed, survey 104/5-
Khatha, survey 104/5-
RTC, survey 104/7-
Mutation, survey 104/7-
Encumbrance Certificate, survey 104/7-
Conversion/Alienation Order, survey 104/7-
JDA, survey 104/7-
Khatha, survey 104/7-
RTC, survey 104/8-
Mutation, survey 104/8-
Encumbrance Certificate, survey 104/8-
Conversion/Alienation Order, survey 104/8-
JDA, survey 104/8-
Khatha, survey 104/8-
RTC, survey 104/10-
Mutation, survey 104/10-
Encumbrance Certificate, survey 104/10-
Conversion/Alienation Order, survey 104/10-
Sale/Title/Gift Deed, survey 104/10-
Khatha, survey 104/10-
RTC, survey 104/13-
Mutation, survey 104/13-
Encumbrance Certificate, survey 104/13-
Conversion/Alienation Order, survey 104/13-
JDA, survey 104/13-
Khatha, survey 104/13-
RTC, survey 104/12-
Mutation, survey 104/12-
Encumbrance Certificate, survey 104/12-
Conversion/Alienation Order, survey 104/12-
JDA, survey 104/12-
Khatha, survey 104/12-
RTC, survey 104/14-
Mutation, survey 104/14-
Encumbrance Certificate, survey 104/14-
Conversion/Alienation Order, survey 104/14-
JDA, survey 104/14-
Khatha, survey 104/14-
RTC, survey 104/15-
Mutation, survey 104/15-
Encumbrance Certificate, survey 104/15-
Conversion/Alienation Order, survey 104/15-
JDA, survey 104/15-
Khatha, survey 104/15-
RTC, survey 105/03-
Mutation, survey 105/03-
Encumbrance Certificate, survey 105/03-
Conversion/Alienation Order, survey 105/03-
Sale/Title/Gift Deed, survey 105/03-
Khatha, survey 105/03-
RTC, survey 106/2A-
Mutation, survey 106/2A-
Encumbrance Certificate, survey 106/2A-
Conversion/Alienation Order, survey 106/2A-
JDA, survey 106/2A-
Khatha, survey 106/2A-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: ACHAL DEVELOPERS

ACHAL DEVELOPERS has 2 registrations on RERA Karnataka, including ACHALUM and SIMHACHALUM. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if ACHALUM is delayed beyond 31 Aug 2023?

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 ACHALUM?

The registered promoter entity is ACHAL DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29ABYFA8132AIZ9 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 ACHALUM?

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 ACHALUM?

The professionals named in the filing: Engineer: ACHALDAS T REVANKAR; Chartered Accountant: 12. 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 ACHALUM?

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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