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Registration approved Residential/Group Housing project

Akruti Ark

By Akruti Homes Bangalore Private Limited

RG-KA-52469 · RERA PRM/KA/RERA/1251/308/PR/180425/001554

Source: official RERA Karnataka filing

Red flags

  • 7 complaints at RERA Karnataka
  • Completion date moved by 45 months
  • 3 extensions taken

Clear

  • Separate project account declared
Jul 2024Possession promisedmoved 45 months from the original
7Complaints at RERA Karnatakaon this registration
Jump to the 50 documents Report an error

Akruti Ark is a Residential/Group Housing project by Akruti Homes Bangalore Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/180425/001554 on 25 Apr 2018. Possession is promised by 1 Jul 2024. The completion date has moved by 45 months from the original filing. 7 complaints are on record with the regulator.

At a glance

Project

  • NameAkruti Ark
  • TypeResidential/Group Housing
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/180425/001554
  • ReraGenie IDRG-KA-52469

Builder

  • NameAkruti Homes Bangalore Private Limited
  • Entity typeCompany
  • CINU45201KA2007PTC044377
  • Authorized SignatoryNIKHIL JADHAV

Key dates

this monthRegisteredApr 2018First promiseOct 2020Revised toJul 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on25 Apr 2018
  • Promised completion1 Jul 2024
  • Revised completionRevised to 1 Jul 2024 (originally 1 Oct 2020)
  • Buildings6 building records
  • Documents filed50 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block-A---22022
Block-B---22022
Block-C---10010
Block-D---909
Bock-E---909
Block-F---48048

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)-
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 work-
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
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 disposalYes-
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 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-
BasementYes-
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 area18,312 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 39.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectKarunyashree BS
EngineerPeristyle

Extensions applied for3

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionOct 2020 → Jul 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1251/308/PR/220613/001554Jul 2021 → Jul 2022

Reason as filed by the promoterothers

ExtensionJul 2022 → Jul 2024

No reason recorded in the filing

Complaints filed with RERA Karnataka7

Case no.ComplainantRespondentFiled
CMP/210806/0008218-Akruti Homes Bangalore Private Limited06/08/2021
CMP/220802/0009838-Akruti Homes Bangalore Private Limited02/08/2022
00435/2024-Akruti Homes Bangalore Private Limited13/05/2024
00459/2024-Akruti Homes Bangalore Private Limited23/05/2024
00473/2024-Akruti Homes Bangalore Private Limited24/05/2024
00489/2024-Akruti Homes Bangalore Private Limited27/05/2024
01249/2024-Akruti Homes Bangalore Private Limited26/11/2024

Documents filed50

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/1251/308/PR/180425/001554 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Akruti Homes Registered certificate001.pdf-
Project Details-
Architect Certificate for Work Completion Schedule till DateFile: EX1_Architect Certificate.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: EX5_ Engineer Certificate.pdf-
CA Certificate for Funds UtilizationFile: Ex-3_CA Certificate.pdf-
Architect Certificate for Pending Work Completion Schedule.File: EX2_Architect Certificate.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: EX6_ Engineer Certificate.pdf-
CA Certificate for Funds required for Project CompletionFile: EX4_CA Certificate.pdf-
AffidavitFile: Affidavit cum Declaration_Promotor.pdf-
6_Commencement certificate001-
DP-
Plan with seal & sign-
SALE DEED-
9_Proforma Agreement for sale-
Sale deed001-
DP-
5 of 1-
13_Proforma Allotment letter-
14_Ark Brochure-
16_Project specification-
EC001-
E Khata-
JDA001-
Mother deed002-
Conversion order001-
NOC KSPCB-
8_sanction plan-
12_DP Plan-
Conversion-
Balance Sheet 2016 - 2017File: Balance sheet 2016001.jpg-
Balance Sheet 2015 - 2016File: Balance sheet 2015001.jpg-
Balance Sheet 2014 - 2015File: Balance sheet 2014001.jpg-
Audited Profit and Loss Statement 2016 - 2017File: Profit loss statement 2016001.jpg-
Audited Profit and Loss Statement 2015 - 2016File: Profit loss statement 2015001.jpg-
Audited Profit and Loss Statement 2014 - 2015File: Profit loss statement 2014001.jpg-
Director's Report 2016 - 2017File: Directors report 2016001.pdf-
Director's Report 2015 - 2016File: Directors report 2015001.pdf-
Director's Report 2014 - 2015File: Directors report 2014001.pdf-
Cash Flow Statement 2016 - 2017File: Profit loss statement 2016001.jpg-
Cash Flow Statement 2015 - 2016File: Profit loss statement 2015001.jpg-
Auditor's Report 2016 - 2017File: Balance sheet 2016001.jpg-
Auditor's Report 2015 - 2016File: Balance sheet 2015001.jpg-
Auditor's Report 2014 - 2015File: Balance sheet 2014001.jpg-
Income Tax Return Acknowledgement 2016 - 2017File: ITR Varsha madam001.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR Nikhil sir 001.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR Varsha madam001.pdf-
Form B-
Prospectus/BrochureFile: ARK Brochure.pdf-
Advertisement Copy 1File: Leaf let001.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_308_PR_180425_001554 (1).xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 45 months
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: Akruti Homes Bangalore Private Limited

Akruti Homes Bangalore Private Limited has 1 registration on RERA Karnataka, including Akruti Ark. 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 Akruti Ark is delayed beyond 1 Jul 2024?

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 Akruti Ark?

The registered promoter entity is Akruti Homes Bangalore Private Limited, a company as per the filing. Its CIN U45201KA2007PTC044377 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 Akruti Ark?

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.

How do I read the complaint cases filed against Akruti Ark?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at Akruti Ark?

The professionals named in the filing: Architect: Karunyashree BS; Engineer: Peristyle. 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 Akruti Ark?

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; why the completion date was revised and what the new timeline depends on.

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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