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Registration approved Plotted Development project

AKSHAYA VENTURES

By SATHISHA

RG-KA-71496 · RERA PRM/KA/RERA/1268/378/PR/190219/002416

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
Oct 2020Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 63 documents Report an error

AKSHAYA VENTURES is a Plotted Development project by SATHISHA in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/190219/002416 on 19 Feb 2019. Possession is promised by 5 Oct 2020.

At a glance

Project

  • NameAKSHAYA VENTURES
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1268/378/PR/190219/002416
  • ReraGenie IDRG-KA-71496

Builder

  • NameSATHISHA

Key dates

this monthRegisteredFeb 2019PromisedOct 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 Feb 2019
  • Promised completion5 Oct 2020
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed63 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.

Land area24,604 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 15.00 lakh

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed63

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/1268/378/PR/190219/002416 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
ALLAITON-B-
GPA-2-
PLAN-2-
RELEASE DEED-
PLAN-1-
RTC-3-
LETTER-
PLAN-3-
PAGE-6-
PLAN-3-
PLAN-1-
ALLLATON-
GPA-2-
RTC-3-
GIFTDEED-
RTC-C-
PAGE-3-
RTC-6-
RTC-5-
RTCC1-
PAGE-4-
JVD-3-
JVD-4-
JVD-4-
JV-4-
DA-
PAGE-2-
PAGE-2-
DA-2-
JV-10-
PLAN- MUDA-
JV-1-
ALLLATON-
Balance Sheet 2017 - 2018File: ITR-17.pdf-
Balance Sheet 2016 - 2017File: balsheet-16.pdf-
Balance Sheet 2015 - 2016File: bal sheet-15.pdf-
Audited Profit and Loss Statement 2017 - 2018File: BAL SHEET-17.pdf-
Audited Profit and Loss Statement 2016 - 2017File: ITR -15-16.pdf-
Audited Profit and Loss Statement 2015 - 2016File: plac-15.pdf-
Director's Report 2017 - 2018File: PLACOUNT-17.pdf-
Director's Report 2016 - 2017File: it ack-16.pdf-
Director's Report 2015 - 2016File: bal sheet-15.pdf-
Cash Flow Statement 2017 - 2018File: ITR-17.pdf-
Cash Flow Statement 2016 - 2017File: balsheet-16.pdf-
Auditor's Report 2017 - 2018File: ALLLATON.pdf-
Auditor's Report 2016 - 2017File: ITR -15-16.pdf-
Auditor's Report 2015 - 2016File: bal sheet-15.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR-17.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: balsheet-16.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: plac-15.pdf-
RTC-4-
Plot Excel SheetFile: PRM_KA_RERA_1268_378_PR_190219_002416.xlsx-
Final plan technical sanction LetterFile: Final Approval 100% Released Order.pdf-
Final layout plan sanctionedFile: RE0322021618121919_Penalty RERA.pdf-
Completion CertificateFile: CC_Muda.pdf-
Relinquishment deed executed handed over detailsFile: Relinquieshment Deed_Akshya.pdf-
Certificate issued by P.W.D/ Panchayath Raj/Urban Local Bodies for completion of RoadFile: NOC_BESCOM.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: NOC_Water.pdf-
Chartered Accountant Certificate (Form-4)File: Certificate_Chartered Account_Q4_18-19_Akshaya.pdf-
Architect's Certificate (Form-5)File: Certificate_Engineer_Q4_18-19_Akshaya.pdf-
Engineer's Certificate (Form-6)File: Certificate_Engineer_Q4_18-19_Akshaya.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidivat_AKSHAYA Venture.pdf-
RELINQUESHMENT DEEDFile: Relinquieshment Deed_Akshya.pdf-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Builder: SATHISHA

SATHISHA has 1 registration on RERA Karnataka, including AKSHAYA VENTURES. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if AKSHAYA VENTURES is delayed beyond 5 Oct 2020?

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 VENTURES?

The registered promoter entity is SATHISHA. 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 AKSHAYA VENTURES?

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.

What should I check before booking in AKSHAYA VENTURES?

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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