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AKSHAYA BHUVI
RG-KA-23640 · RERA PRM/KA/RERA/1268/378/PR/250422/004847 · Last updated on RERA Karnataka portal: 6 Apr 2022
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
Saved.
AKSHAYA BHUVI is a Plotted Development project by Akshaya Ventures in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/250422/004847 on 25 Apr 2022. Possession is promised by 31 Dec 2022.
At a glance
Project
- NameAKSHAYA BHUVI
- TypePlotted Development
- Location
- MYSORE
- 500000
- Pincode500000
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1268/378/PR/250422/004847
- ReraGenie IDRG-KA-23640
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on25 Apr 2022
- Promised completion31 Dec 2022
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed101 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Kenchegowda | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 55.15 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 15.52 lakh | - |
| On-site expenditure-Salaries of workers | Rs 8.00 lakh | - |
| On-site expenditure-Site Overhead | Rs 3.50 lakh | - |
| On-site expenditure-Consultants Fees | Rs 2.00 lakh | - |
Certifying professionals and partners1
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Chartered Accountant | Ramesh Udupi |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed101
As listed on the registration, under the names the promoter filed them with; the newest 80 of 101 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1268/378/PR/250422/004847 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Previous Project 002416 quarterly updates & Apply for Completion_Submission DetailsFile: Pervious Project QU Submission_Declearation.pdf | 6 Apr 2022 |
| ITR 2019-20 , Balance sheet and profit and loss account StatementFile: ITR 19-20.pdf | 6 Apr 2022 |
| ITR 2020-21 , Balance sheet and profit and loss account StatementFile: ITR_20-21.pdf | 6 Apr 2022 |
| Layout Plan sanction letter issued by planning authorityFile: Layout Plan Approval Letter.pdf | 6 Apr 2022 |
| Relinquishment deedFile: Relinqueshment Deed.pdf | 6 Apr 2022 |
| NOC issued by water supply authorityFile: Water Supply NOC_Akshaya Bhuvi.pdf | 6 Apr 2022 |
| Project specification with authorized sigatureFile: Project Specification_Akshaya Bhuvi.pdf | 6 Apr 2022 |
| Proforma of Agreement of Sale (AOS) as notified by GOKFile: Performa AOS_Akshaya Bhuvi_Plot.pdf | 6 Apr 2022 |
| Master Plan issued by Planning authorityFile: Mater Plan.pdf | 6 Apr 2022 |
| Approved Layout PlanFile: Approved Layout Plan_Akshaya Bhuvi.pdf | 6 Apr 2022 |
| MRFile: MR.pdf | 4 Feb 2022 |
| NON LITIGATION AFFIDAVITFile: Non Litigation Affidavit.pdf | 4 Feb 2022 |
| RELEASE ORDERFile: Release Order.pdf | 4 Feb 2022 |
| WATER NOCFile: Water NOC.jpg | 4 Feb 2022 |
| RTC, survey 95/2 | - |
| Mutation, survey 95/2 | - |
| Encumbrance Certificate, survey 95/2 | - |
| Conversion/Alienation Order, survey 95/2 | - |
| JDA, survey 95/2 | - |
| Khatha, survey 95/2 | - |
| Registration CertificateFile: GST Certificate.pdf | - |
| Certificate issued by CA Form 1File: CA CERTIFICATE.pdf | - |
| Certificate issued by Engineer Form 3File: Declaration.pdf | - |
| Project Chartered Accountant | - |
| AffidavitFile: Declaration.pdf | - |
| Certificate from Chartered AccountFile: CA CERTIFICATE.pdf | - |
| Certificate issued by ArchitectFile: Declaration.pdf | - |
| Balance Sheet 2020 - 2021File: BS 2020.pdf | - |
| Balance Sheet 2019 - 2020File: BS 2019.pdf | - |
| Balance Sheet 2018 - 2019File: BS 2018.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: P&L 2020.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: P&L 2019.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: P&L 2018.pdf | - |
| Director's Report 2020 - 2021File: DR.pdf | - |
| Director's Report 2019 - 2020File: DR.pdf | - |
| Director's Report 2018 - 2019File: DR.pdf | - |
| Cash Flow Statement 2020 - 2021File: CFS.pdf | - |
| Cash Flow Statement 2019 - 2020File: CFS.pdf | - |
| Auditor's Report 2020 - 2021File: AR.pdf | - |
| Auditor's Report 2019 - 2020File: AR.pdf | - |
| Auditor's Report 2018 - 2019File: AR.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR 2020.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR.pdf | - |
| CC | - |
| ELECTRICITY NOC | - |
| WATER NOC | - |
| PLAN | - |
| PLAN | - |
| PLAN | - |
| Area Development | - |
| Declaration | - |
| Declaration | - |
| Declaration | - |
| JDA 1 | - |
| Conversion Order | - |
| Declaration | - |
| Conversion Order | - |
| Declaration | - |
| Performa of Agreement for Sale | - |
| Provisional Allotment Letter Format | - |
| Performa of Sale deed | - |
| Brochure | - |
| form b | - |
| Affidavit | - |
| JDA Affidavit | - |
| Declaration | - |
| Declaration | - |
| ELECTRICITY NOC | - |
| WATER NOC | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
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Builder: Akshaya Ventures
Akshaya Ventures has 2 registrations on RERA Karnataka, including Akshaya Avani (Phase-1) and AKSHAYA BHUVI. Its filings declare 1 earlier project, 1 of them declared completed. Read the full track record. See more projects on the Mysore district page.
Frequently asked questions
What are my rights if AKSHAYA BHUVI is delayed beyond 31 Dec 2022?
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 AKSHAYA BHUVI?
The registered promoter entity is Akshaya Ventures, a proprietorship firm as per the filing. Its GSTIN 29ANOPS8967KIZN 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 AKSHAYA BHUVI?
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 AKSHAYA BHUVI?
The professionals named in the filing: Chartered Accountant: Ramesh Udupi. 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 AKSHAYA BHUVI?
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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