Home / Browse projects / Dakshina Kannada, Karnataka / Akshara Residency
Akshara Residency
By Ganesh Shetty K (Apoorva Associates)
RG-KA-73560 · RERA PRM/KA/RERA/1257/334/PR/171229/001712
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
Saved.
Akshara Residency is a Residential/Group Housing project by Ganesh Shetty K (Apoorva Associates) in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171229/001712 on 29 Dec 2017. Possession is promised by 18 Mar 2013.
At a glance
Project
- NameAkshara Residency
- TypeResidential/Group Housing
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- RERA no.PRM/KA/RERA/1257/334/PR/171229/001712
- ReraGenie IDRG-KA-73560
Builder
- NameGanesh Shetty K (Apoorva Associates)
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on29 Dec 2017
- Promised completion18 Mar 2013
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed34 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
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.
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.
Certifying professionals and partners1
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | K. Anil Hegde |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed34
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/1257/334/PR/171229/001712 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| licnes 1_1 | - |
| plan with seal | - |
| licnes 1_1 | - |
| sale deex akshara | - |
| Akshara new sale deed | - |
| sale deex akshara | - |
| section 1_1 | - |
| licnes 1_1 | - |
| Akshara new sale deed | - |
| brouchure akshara | - |
| NOC | - |
| akshara specifications_1 | - |
| ec akshara_1 | - |
| khata1 | - |
| joint aggrmnt_1 | - |
| cnvrsn ordrf | - |
| Balance Sheet 2015 - 2016File: balance sheet 2016_1.jpg | - |
| Balance Sheet 2014 - 2015File: balance sheet 2015_1.jpg | - |
| Balance Sheet 2013 - 2014File: balance 2014_1.jpg | - |
| Audited Profit and Loss Statement 2015 - 2016File: profit los 2016_1.jpg | - |
| Audited Profit and Loss Statement 2014 - 2015File: profit loss 2015_1.jpg | - |
| Audited Profit and Loss Statement 2013 - 2014File: profit loss 2014_1.jpg | - |
| Director's Report 2015 - 2016File: dirctor reprt_1.jpg | - |
| Director's Report 2014 - 2015File: dirctor reprt_1.jpg | - |
| Director's Report 2013 - 2014File: dirctor reprt_1.jpg | - |
| Cash Flow Statement 2015 - 2016File: cash flow 16_1.jpg | - |
| Cash Flow Statement 2014 - 2015File: cash flow 15_1.jpg | - |
| Auditor's Report 2015 - 2016File: audit report 2016.pdf | - |
| Auditor's Report 2014 - 2015File: audit report 2015.pdf | - |
| Auditor's Report 2013 - 2014File: audit report 2014.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: it returns 2016_1.jpg | - |
| Income Tax Return Acknowledgement 2014 - 2015File: it returns 2015_1.jpg | - |
| Income Tax Return Acknowledgement 2013 - 2014File: it returnz 2014_1.jpg | - |
| New Doc 2017-08-31 (2) | - |
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.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| Agastya residency | - | Completed | Aug 2017 | No date filed |
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How this compares with Dakshina Kannada
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Builder: Ganesh Shetty K (Apoorva Associates)
Ganesh Shetty K (Apoorva Associates) has 1 registration on RERA Karnataka, including Akshara Residency. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.
Frequently asked questions
What are my rights if Akshara Residency is delayed beyond 18 Mar 2013?
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 Akshara Residency?
The registered promoter entity is Ganesh Shetty K (Apoorva Associates). 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 Akshara Residency?
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 Akshara Residency?
The professionals named in the filing: Engineer: K. 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 Akshara Residency?
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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