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Registration approved Residential/Group Housing project

AKSHAY ELITE

By SHEJAWADKAR CONSTRUCTION COMPANY LTD

RG-KA-86253 · RERA PRM/KA/RERA/1259/479/PR/190204/002328

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jul 2024Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 64 documents Report an error

AKSHAY ELITE is a Residential/Group Housing project by SHEJAWADKAR CONSTRUCTION COMPANY LTD in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/479/PR/190204/002328 on 4 Feb 2019. Possession is promised by 31 Jul 2024. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameAKSHAY ELITE
  • TypeResidential/Group Housing
  • Location
    • Hubballi
    • Dharwad
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1259/479/PR/190204/002328
  • ReraGenie IDRG-KA-86253

Builder

  • NameSHEJAWADKAR CONSTRUCTION COMPANY LTD
  • Entity typeCompany
  • Authorized SignatoryMANJUNATH V REVANKAR
  • DirectorsSIDDARAMASWAMY F NARAYANKAR, KARIBASAPPA C EMMI, SANJEEV V REVANKAR, ANUP S VERNEKAR

Key dates

this monthRegisteredFeb 2019First promiseOct 2023Revised toJul 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Feb 2019
  • Promised completion31 Jul 2024
  • Revised completionRevised to 31 Jul 2024 (originally 31 Oct 2023)
  • Buildings1 building record
  • Documents filed64 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Akshay Elite---16016

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)Not applicable
Plinth level Beam-
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-
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
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 & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationNoNot applicable
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot 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 BackupNoNot applicable
GasNoNot applicable
Water and SanitationNoNot applicable
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceYes-
Outer WallNoNot applicable
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot 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.

Land area655 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 4.22 cr

Certifying professionals and partners2

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

RoleName
ArchitectSanjeev Revankar
EngineerMANJUNATH V REVANKAR

Extensions applied for1

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

ExtensionOct 2023 → Jul 2024

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed64

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/1259/479/PR/190204/002328 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Certificate of Incorporation.pdf-
COMMENCEMENT LETTER-
APPROVED BUILDING-
APPROVED LAYOUT PLAN-
PROFORMA AGREEMENT FOR SALE-
SALEDEED&RTC-
APPROVED SECTION OF BUILDING-
AREA DEVELOPMENT PLAN OF PROJECT AREA-
BROCHER-
PROJECT SPECIFICATIONS-
Untitled15-11-18-
Affidavit0001-
RTC-
UTILISATION CERTIFICATE-
TRANSFER OF DEVELOPMENT RIGHT CERTIFICATE-
RELINQUISHMENT DEED-
FIRENOC-
AIRPORTNOC-
HESCOM-
KSPCB-
SEIAA-
BSNL-
Unnamed document-
URBAN LAND CEILING-
BMRCL-
BANGALORE URBAN ARTS COMMISSION-
INSPECTOR OF FACTORIES CONTROLLER OF EXPLOSIVES RAILWAYS-
DIST MAGISTRATE-
COASTAL REGULATION ZONE AUTHORITY-
STABILITY CERTIFICATE-
SECTIONAL DRAWING OF THE APARTMENT-
EXISTING LAYOUT PLAN-
EXISTING SECTION PLAN AND SPECIFICATION-
CHANGES OF LAND USE-
ADVOCATE SEARCH REPORT-
Balance Sheet 2017 - 2018File: Balance Sheet 20170001.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet 2016.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet 2015.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P & L 2017.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P & L 20160001.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L 2015.pdf-
Cash Flow Statement 2017 - 2018File: Cash Flow 2017.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow 20160001.pdf-
Auditor's Report 2017 - 2018File: Auditor Report 2017.pdf-
Auditor's Report 2016 - 2017File: Auditor report 20160001.pdf-
Auditor's Report 2015 - 2016File: Auditor Report 2015.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR 20170001.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 20160001.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 20170001.pdf-
Declaration (From B)-
Prospectus/BrochureFile: AKSHAY ELITE- Brochur - New.pdf-
Advertisement Copy 1File: AKSHAY ELITE- Brochur - New.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1259_479_PR_190204_002328 (19).xlsx-
Stability CertificateFile: STABILITY CERTIFICATE.pdf-
NOC issued by the Fire Force department after completion of workFile: FIRE FORCE DEPARTMENT NOC.pdf-
Occupancy CertificateFile: Completion Occupancy certificate.pdf-
Consent for operation issued by KSPCBFile: KSPCB.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Lift Sanctioned.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: HESCOM.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: KWBS.pdf-
Details of undivided share of land handed over to the association of allotteesFile: Undivided SHare.pdf-
Architect certificate for having completed the work(in format no 5)File: Architect Completion Certificate.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: CA Completion Certificate.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit.pdf-

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one moved by 9 months
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Builder: SHEJAWADKAR CONSTRUCTION COMPANY LTD

SHEJAWADKAR CONSTRUCTION COMPANY LTD has 1 registration on RERA Karnataka, including AKSHAY ELITE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if AKSHAY ELITE is delayed beyond 31 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 AKSHAY ELITE?

The registered promoter entity is SHEJAWADKAR CONSTRUCTION COMPANY LTD, a company 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 AKSHAY ELITE?

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 AKSHAY ELITE?

The professionals named in the filing: Architect: Sanjeev Revankar; Engineer: MANJUNATH V REVANKAR. 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 AKSHAY ELITE?

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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