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Alevoor Business Centre
RG-KA-88778 · RERA PRM/KA/RERA/1273/318/PR/180602/001860 · Last updated on RERA Karnataka portal: Not stated
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
Saved.
Alevoor Business Centre is a Commercial project by Karthik Shetty in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/180602/001860 on 2 Jun 2018. Possession is promised by 29 Dec 2021. The completion date has moved by 9 months from the original filing. 0 of the 30 units on this registration are recorded sold or booked, and 0 of 12 construction stages are filed complete.
At a glance
Project
- NameAlevoor Business Centre
- TypeCommercial
- Location
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/318/PR/180602/001860
- ReraGenie IDRG-KA-88778
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on2 Jun 2018
- Promised completion29 Dec 2021
- Revised completionRevised to 29 Dec 2021 (originally 29 Mar 2021)
- Buildings1 building record
- Documents filed37 files
Current status
Figures as on Not stated, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| ALEVOOR BUSINESS CENTRE | - | - | - | 0 | 30 | 30 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on Not stated, the date of the latest filing. 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.
0 of 12 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.
Building: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| 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 work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | - |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities41
As on Not stated, the date of the latest filing. 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 | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| 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 | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | No | Not applicable |
| 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 | No | Not applicable |
| 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 | No | Not applicable |
| 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 | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | No | Not applicable |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| 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.
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed37
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/1273/318/PR/180602/001860 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Commencement_certi | - |
| Plotting_plan | - |
| Layout_Plan | - |
| Sale_deed | - |
| Sale_agreement | - |
| sale_deed_and_release_deed | - |
| Plotting_plan | - |
| Plotting_plan | - |
| ALLOTMENT_LETTER | - |
| Brochure | - |
| Brochure | - |
| EC | - |
| khata | - |
| JDA | - |
| Conversion order | - |
| Layout_Plan | - |
| Plotting_plan | - |
| Conversion order | - |
| Balance Sheet 2016 - 2017File: BS_2017.pdf | - |
| Balance Sheet 2015 - 2016File: BS_2016.pdf | - |
| Balance Sheet 2014 - 2015File: BS_2015.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: P&L_2017.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: P&L_2016.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: P&L_2015.pdf | - |
| Cash Flow Statement 2016 - 2017File: CF-2017.pdf | - |
| Cash Flow Statement 2015 - 2016File: CF-2016.pdf | - |
| Auditor's Report 2016 - 2017File: Form no-CB3_Auditors_report_2017.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR_2017.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR_2016.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR_2015.pdf | - |
| declaration | - |
| Prospectus/BrochureFile: brochure.pdf | - |
| Advertisement Copy 1File: Untitled Document.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1273_318_PR_180602_001860.xlsx | - |
| Occupancy CertificateFile: OC ALEVOOR.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: brochure.pdf | - |
| KATHAFile: khata.pdf | - |
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Builder: Karthik Shetty
KARTHIK SHETTY has 2 registrations on RERA Karnataka, including RADHA SOMAYYA NAGAR and Alevoor Business Centre. Its filings disclose 7 earlier RERA Karnataka projects, none completed yet. Read the full track record. See more projects on the Udupi district page.
Frequently asked questions
What are my rights if Alevoor Business Centre is delayed beyond 29 Dec 2021?
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 Alevoor Business Centre?
The registered promoter entity is Karthik Shetty. 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 Alevoor Business Centre?
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 Alevoor Business Centre?
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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