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Registration approved No litigation declared Mixed Development project

AKKAYYA TOWER

By UMESH BANGERA & SARITHA SADANANDA UMESH

RG-KA-51559 · RERA PRM/KA/RERA/1273/318/PR/080124/006535 · Last updated on RERA Karnataka portal: 3 Jan 2024

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
Dec 2027Possession promisedno revision filed
0 of 14Construction stages donefurthest along: Earth work and other leveling..., 0%
19 of 19Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 109 documents Report an error

AKKAYYA TOWER is a Mixed Development project by UMESH BANGERA & SARITHA SADANANDA UMESH in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/080124/006535 on 8 Jan 2024. Possession is promised by 31 Dec 2027. 0 of the 19 units on this registration are recorded sold or booked, and 0 of 14 construction stages are filed complete.

At a glance

Project

  • NameAKKAYYA TOWER
  • TypeMixed Development
  • Location
    • Udupi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1273/318/PR/080124/006535
  • ReraGenie IDRG-KA-51559

Builder

  • NameUMESH BANGERA & SARITHA SADANANDA UMESH
  • Entity typeOther ( LAND OWNERS & PROMOTERS )
  • Authorized SignatorySARITHA SADANANDA UMESH

Key dates

this monthRegisteredJan 2024PromisedDec 2027

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Jan 2024
  • Promised completion31 Dec 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed109 files

Current status

0%0 of 19 units booked

Figures as on 3 Jan 2024, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
AKKAYYA TOWER-----19

The full filing

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

Construction progress by building1

As on 3 Jan 2024, 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.

0 of 14 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.

Building: 0% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Upto Plinth Level-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
Retaining wall (All types)Not applicable
RCC or MS Framed structure-
Masonry Construction-
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-
Painting-
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work-
Internal and External work including landscapes as per sanctioned drawingsNot applicable

Progress on shared amenities40

As on 3 Jan 2024, 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-
Sewage and Drainage SystemYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes-
Storm water drainsYes-
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)NoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
Piped GasNoNot applicable
Water and SanitationNoNot applicable
Air ConditioningNoNot applicable
StaircasesYes-
LiftsYes-
Corridor/LobbiesYes-
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahNoNot applicable
BasementYes-
TerraceYes-
Outer WallNoNot applicable
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership2

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

Named landowners2
LandownerVillageDistrict
UMESH BANGERA & SARITHA SADANANDA UMESH--
UMESH BANGERA & SARITHA SADANANDA UMESH--

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 2.31 cr
BuildingWingEstimatedIncurred
-NARs 2.25 cr-
-NARs 5.50 lakh-

Certifying professionals and partners3

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

RoleName
ArchitectBHARATH BHUSHAN
EngineerBHARATH BHUSHAN
Chartered AccountantSRINIDHI RAO

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed109

As listed on the registration, under the names the promoter filed them with; the newest 80 of 109 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1273/318/PR/080124/006535 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
BALANCE SHEET SARITHA 2023File: BS 2023 Saritha-Resvised.pdf3 Jan 2024
BALANCE SHEET UMESH 2023File: BS 2023 Umesh-Revised.pdf3 Jan 2024
FS 2021 SARITHAFile: FS 2021 SARITHA.pdf3 Jan 2024
FS 2022 SARITHAFile: FS 2022 SARITHA.pdf3 Jan 2024
FS 2023 SARITHAFile: FS 2023 SARITHA.pdf3 Jan 2024
FS 2021 UMESHFile: FS 2021 Umesh Bangera.pdf3 Jan 2024
FS 2022 UMESHFile: FS 2022 Umesh Bangera.pdf3 Jan 2024
FS 2023 UMESHFile: FS 2023 UMESH.pdf3 Jan 2024
SOURCE OF FUNDFile: source of fund.pdf3 Jan 2024
EC 2004-2023File: ECC-16112023-5025260.pdf3 Jan 2024
SINGLE LAYOUTFile: Single layout.pdf3 Jan 2024
CLARIFICATIONFile: clarification.pdf3 Jan 2024
DANAPATRAFile: danapatra_compressed.pdf3 Jan 2024
ARCHITECT CERTIFICATEFile: ARCHITECT CERTIFICATE FORM 2.pdf3 Jan 2024
ARCHITECT LICENCEFile: engineer licence.pdf3 Jan 2024
RTC, survey 253/7C1-
Mutation, survey 253/7C1-
Encumbrance Certificate, survey 253/7C1-
Conversion/Alienation Order, survey 253/7C1-
Sale/Title/Gift Deed, survey 253/7C1-
Khatha, survey 253/7C1-
RTC, survey 253/7C1-
Mutation, survey 253/7C1-
Encumbrance Certificate, survey 253/7C1-
Conversion/Alienation Order, survey 253/7C1-
Sale/Title/Gift Deed, survey 253/7C1-
Khatha, survey 253/7C1-
Registration CertificateFile: trade licence.jpeg-
Certificate issued by CA Form 1File: Rera form 1 (1).pdf-
Certificate issued by Architect Form 2File: ARCHITECT CERTIFICATE FORM 2.pdf-
Certificate issued by Engineer Form 3File: ENGINEER CERTIFICATE FORM 3.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: litigation affidavit.pdf-
Certificate from Chartered AccountFile: Rera form 1 (1).pdf-
Balance Sheet 2022 - 2023File: Sarita Umesh BS 2023.pdf-
Balance Sheet 2021 - 2022File: Sarita Umesh BS 2022.pdf-
Balance Sheet 2020 - 2021File: Sarita Umesh BS 2021.pdf-
Audited Profit and Loss Statement 2022 - 2023File: Sarita Umesh PL 2023.pdf-
Audited Profit and Loss Statement 2021 - 2022File: Sarita Umesh PL 2022.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Sarita Umesh BS 2021.pdf-
Director's Report 2022 - 2023File: Umesh Bangera BS 2023.pdf-
Director's Report 2021 - 2022File: Umesh Bangera BS 2022.pdf-
Director's Report 2020 - 2021File: Umesh Bangera BS 2021.pdf-
Cash Flow Statement 2022 - 2023File: Umesh Bangera PL 2023.pdf-
Cash Flow Statement 2021 - 2022File: Umesh Bangera PL 2022.pdf-
Auditor's Report 2022 - 2023File: ITR Saritha AY 2023-24.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: ITR Umesh AY 2023-24.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: ITR AY 2022-23.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: UMESH ITR AY 2021-22.pdf-
building licence-
approved sanction plan-
approved sanction plan-
approved sanction plan-
approved sanction plan-
approved sanction plan-
specification-
approved sanction plan-
approved sanction plan-
stability certiifcate-
Search report-
title deed-
conversion order-
conversion order-
title deed-
proforma AOS-
proforma allotment letter-
Umesh Bangera broucher FINAL-
form b-
Affidavit 3(1)-
mescom noc-
water noc-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

Builder: UMESH BANGERA & SARITHA SADANANDA UMESH

UMESH BANGERA & SARITHA SADANANDA UMESH has 1 registration on RERA Karnataka, including AKKAYYA TOWER. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if AKKAYYA TOWER is delayed beyond 31 Dec 2027?

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 AKKAYYA TOWER?

The registered promoter entity is UMESH BANGERA & SARITHA SADANANDA UMESH, an other ( land owners & promoters ) 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 AKKAYYA TOWER?

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 AKKAYYA TOWER?

The professionals named in the filing: Architect: BHARATH BHUSHAN; Engineer: BHARATH BHUSHAN; Chartered Accountant: SRINIDHI RAO. 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 AKKAYYA TOWER?

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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