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Akshata palace
RG-KA-43011 · RERA PRM/KA/RERA/1257/334/PR/171118/001831
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.
Akshata palace is a Residential/Group Housing project by Apoorva Builders in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171118/001831 on 18 Nov 2017. Possession is promised by 1 Feb 2017.
At a glance
Project
- NameAkshata palace
- TypeResidential/Group Housing
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- RERA no.PRM/KA/RERA/1257/334/PR/171118/001831
- ReraGenie IDRG-KA-43011
Builder
- NameApoorva Builders
- Entity typePartnership Firm
- Authorized SignatoryGanesh Shetty K
- OthersSowmya G Shetty
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on18 Nov 2017
- Promised completion1 Feb 2017
- Revised completionNone
- Buildings1 building record
- Documents filed38 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Akshata Palace | - | - | - | 16 | 0 | 16 |
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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | Not applicable |
| Retaining wall (All types) | Not applicable |
| Plinth level Beam | Not applicable |
| 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 | Not applicable |
| Plastering inside , outside & Ceiling | Not applicable |
| Joinery: Doors, Windows, Ventilators etc | Not applicable |
| Basic work of Water supply, Sanitary and Electrification | Not applicable |
| Dadoing, Skirting, Flooring, Tiles work (All types) | Not applicable |
| Railing and Grill fixing | Not applicable |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | Not applicable |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | No | Not applicable |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Gas | Yes | - |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
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 filed38
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/171118/001831 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: New Doc 2017-08-31 (2)_1.jpg | - |
| licence_1 | - |
| akshata drawing | - |
| site plan_1 | - |
| sale deed | - |
| sale deed | - |
| land | - |
| section | - |
| drawing_1 | - |
| sale deed | - |
| brocher_1 | - |
| fire noc | - |
| specific | - |
| ec_1 1 | - |
| khata | - |
| joint_1 | - |
| Conversion order | - |
| Unnamed document | - |
| Balance Sheet 2015 - 2016File: balanc sheet 16_1.jpg | - |
| Balance Sheet 2014 - 2015File: Balance sheet 15.pdf | - |
| Balance Sheet 2013 - 2014File: balanc 15_1.jpg | - |
| Audited Profit and Loss Statement 2015 - 2016File: profit loss 16_1.jpg | - |
| Audited Profit and Loss Statement 2014 - 2015File: profit and loss 15.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: profit and loss 14_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 16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: it 2015.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: it retur s 14_1.jpg | - |
| form B | - |
| Prospectus/BrochureFile: New Document 19-Dec-2018 11-51-24.pdf | - |
| Advertisement Copy 1File: New Doc 2018-12-31_1.jpg | - |
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Builder: Apoorva Builders
Apoorva Builders has 1 registration on RERA Karnataka, including Akshata palace. 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 Akshata palace is delayed beyond 1 Feb 2017?
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 Akshata palace?
The registered promoter entity is Apoorva Builders, 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 Akshata palace?
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 Akshata palace?
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 Akshata palace?
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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