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Registration approved No litigation declared Commercial project

Ashoka Business Center

By Mukund MGM Realty

RG-KA-89715 · RERA PRM/KA/RERA/1257/333/PR/011024/007107 · Last updated on RERA Karnataka portal: 14 Oct 2026

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
Dec 2026Possession promisedno revision filed
14 of 14Construction stages doneevery applicable stage filed complete
8 of 65Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 119 documents Report an error

Ashoka Business Center is a Commercial project by Mukund MGM Realty in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/333/PR/011024/007107 on 1 Oct 2024. Possession is promised by 31 Dec 2026. 57 of the 65 units on this registration are recorded sold or booked, and 14 of 14 construction stages are filed complete.

At a glance

Project

  • NameAshoka Business Center
  • TypeCommercial
  • Location
    • Dakshina Kannada
    • 575006
  • Pincode575006
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/333/PR/011024/007107
  • ReraGenie IDRG-KA-89715

Builder

  • NameMukund MGM Realty
  • Entity typePartnership Firm
  • GSTIN29ABPFM6502P1ZH
  • Authorized SignatoryGurudatta Shenoy
  • Other registrations3 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredOct 2024PromisedDec 2026

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Oct 2024
  • Promised completion31 Dec 2026
  • Revised completionNone
  • Buildings1 building record
  • Documents filed119 files

Current status

88%57 of 65 units booked
15.9%Of the estimated cost spent so far

Figures as on 14 Oct 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Ashoka Business Center---06565

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 14 Oct 2026, 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.

14 of 14 construction stages are filed complete.

Building: 100% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work100%
Foundation footing work100%
Upto Plinth Level100%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)100%
Retaining wall (All types)100%
RCC or MS Framed structure100%
Masonry Construction100%
Plastering inside , outside & Ceiling100%
Joinery: Doors, Windows, Ventilators etc100%
Basic work of Water supply, Sanitary and Electrification100%
Dadoing, Skirting, Flooring, Tiles work (All types)100%
Railing and Grill fixing100%
Electrification, Water supply and Sanitary Finishing100%
Painting100%
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per sanctioned drawingsNot applicable

Progress on shared amenities40

As on 14 Oct 2026, 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 facilityProposedProgress
Water SupplyYes100%
Sewage and Drainage SystemYes100%
Water conservation/rain water harvesting/recharge of ground waterYes100%
Energy managementYes100%
Fire protection and fire safety requirementsNoNot applicable
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesYes100%
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes100%
Storm water drainsYes100%
Use of renewable energyYes100%
Sewage Treatment Plant (STP)Yes100%
Parks & Tree plantingYes100%
Street LightingNoNot applicable
ElectricityYes100%
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes100%
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes100%
Piped GasNoNot applicable
Water and SanitationYes100%
Air ConditioningNoNot applicable
StaircasesYes100%
LiftsYes100%
Corridor/LobbiesYes100%
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes100%
BasementYes100%
TerraceYes100%
Outer WallNoNot applicable
Open parking areasYes100%
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership6

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area2,635 sq m
Named landowners6
LandownerVillageDistrict
Gurudatta Shenoy--
Mangaldeep A R--
Mahesh Shetty--
Gurudatta Shenoy--
Mangaldeep A R--
Mahesh Shetty--

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 52.44 cr
Cost incurredRs 8.35 cr
Spent of the estimate15.92%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 52.44 crRs 8.35 cr

Certifying professionals and partners3

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

RoleName
ArchitectRathanraj Adhikari
EngineerP SURESH PAI
Chartered AccountantGautham Pai

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed119

As listed on the registration, under the names the promoter filed them with; the newest 80 of 119 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/333/PR/011024/007107 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: ASHOKA CA CERT.pdf14 Oct 2026
Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Ashoka Business Center - Architect's Certificate - Form 5.pdf14 Oct 2026
Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Ashoka Business Center - RERA - Engineer Certificate - Form 6.pdf14 Oct 2026
Q2 2026-27 Water supply and sewage board14 Oct 2026
Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Ashoka CA Certificate.pdf14 Jul 2026
Q1 2026-27 Form-5 Certificate issued by ArchitectFile: Ashoka Arch Certificate.pdf14 Jul 2026
Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Ashoka Engr Certificate.pdf14 Jul 2026
Q1 2026-27 Water supply and sewage board14 Jul 2026
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: CA Certificate.pdf14 Apr 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Architect Certificate.pdf14 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Engineer Certificate.pdf14 Apr 2026
Q4 2025-26 Water supply and sewage board14 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: CA Certificate.pdf15 Jan 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Architect Certificate.pdf15 Jan 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Engineer Certificate.pdf15 Jan 2026
Q3 2025-26 Water supply and sewage board15 Jan 2026
bank accountFile: Bank-letter.pdf24 Jun 2024
bank affidavitFile: bank affidavit.pdf24 Jun 2024
FS 2023File: FS 2023.pdf24 Jun 2024
FS 2022File: FS 2022.pdf24 Jun 2024
FS 2021File: FS 2021.pdf24 Jun 2024
sources of fundsFile: Source of Fund.pdf24 Jun 2024
FORM 1 CA reportFile: Form 1.pdf24 Jun 2024
Certificate of AuthorizationFile: Authorization Letter.pdf24 Jun 2024
firm registration certificateFile: Firm Registration Certificate.pdf24 Jun 2024
GSTFile: GST Reg Certificate.pdf24 Jun 2024
EC 1File: EC 6-1 2008-2024.pdf24 Jun 2024
EC 2File: EC 7-4 2008-2024.pdf24 Jun 2024
SUPPLEMENT PARNERSHIP DEEDFile: Supplementary Partnership Deed.pdf24 Jun 2024
advocate search reportFile: Advocate Search Report.pdf24 Jun 2024
FORM BFile: FORM -B.pdf24 Jun 2024
Single plot layoutFile: single layout.pdf24 Jun 2024
certified carpet area calculationFile: Carpet Area Calculation.pdf24 Jun 2024
CDP mapFile: CDP PLAN.pdf24 Jun 2024
CDP PLAN KADRIFile: CDP PLAN KADRI.pdf24 Jun 2024
VILLAGE MAP-SITE HIGHLIGHTFile: village map site highlighted.pdf24 Jun 2024
VILLAGE MAP KADRIFile: Village map kadri.pdf24 Jun 2024
commencement certificateFile: Commencement Certificate.pdf24 Jun 2024
all sanctioned drawings floor plan, sectional drawings and elevationsFile: Approved plan.pdf24 Jun 2024
Architects certificateFile: Architect Certificate.pdf24 Jun 2024
ARCHITECT COAFile: Architect COA Certificate.JPG24 Jun 2024
self attested copy of the Engineer license certificateFile: Self Attested engineer License.pdf24 Jun 2024
Engineer certificateFile: Engineer Certificate form 3.pdf24 Jun 2024
STP DRAWINGFile: STP Drawing certified by engineer.pdf24 Jun 2024
MESCOM NOCFile: Mescom NOC.pdf24 Jun 2024
MESCOM FEE RECEIPTFile: mescom fee receipt.jpg24 Jun 2024
WATER NOCFile: Water NOC.pdf24 Jun 2024
Land cost calculation sheetFile: Land Calculation Cost.pdf24 Jun 2024
PROFORMA AOSFile: proforma AOS.pdf24 Jun 2024
PROFORMA ALLOTMENT LETTERFile: Proforma allotment letter.pdf24 Jun 2024
estimated cost of construction certified by the EngineerFile: Estimation cost by engineer.pdf24 Jun 2024
SPECIFICATION certified by the EngineerFile: Specifications certified by engineer.pdf24 Jun 2024
section 3(1) notarized affidavitFile: affidavit 3(!).pdf24 Jun 2024
FARFile: FAR.pdf24 Jun 2024
TITLE DEED 1File: Title deed 1.pdf24 Jun 2024
TITLE DEED 2File: title deed 2.pdf24 Jun 2024
CLARIFICATIONFile: Clarification.pdf24 Jun 2024
approved plan 1File: Site Plan.PDF24 Jun 2024
approved plan 2File: Lower Ground Floor.PDF24 Jun 2024
approved plan 3File: Ground Floor.PDF24 Jun 2024
approved plan 4File: Basement Floor.PDF24 Jun 2024
approved plan 5File: Key Plan, Section.PDF24 Jun 2024
RTC, survey 7/4(P)-
Mutation, survey 7/4(P)-
Encumbrance Certificate, survey 7/4(P)-
Conversion/Alienation Order, survey 7/4(P)-
Sale/Title/Gift Deed, survey 7/4(P)-
Khatha, survey 7/4(P)-
RTC, survey 6/1(P)-
Mutation, survey 6/1(P)-
Encumbrance Certificate, survey 6/1(P)-
Conversion/Alienation Order, survey 6/1(P)-
Sale/Title/Gift Deed, survey 6/1(P)-
Khatha, survey 6/1(P)-
Registration CertificateFile: Firm Registration Certificate.pdf-
Partnership DeedFile: Partnership Deed.pdf-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1.pdf-

Promoter's earlier projects2

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date1 under way, not due yet
ProjectLocationStatusPromisedDelivered
KedarSy No 79/2(P), 79/1(P), 106/2A1(P), Derebail VillageOngoingAug 2027Not due yet
Mukund SadanSy No 422/A1A, 422/A1A(P3), 426(P), Kodialbail and Casba bazar villageOngoingDec 2025Not delivered

How this compares with Dakshina Kannada

88%of this project is bookeddistrict median 38%
30%of Dakshina Kannada projects moved their completion datethis one has not
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

2 kmAshoka Business CenterOther 116Dot size: filed unitsN

Filed coordinates, straight-line distance. 116 registered projects within 2 km.

Builder: Mukund MGM Realty

Mukund MGM Realty has 4 registrations on RERA Karnataka, including Ashoka Business Center and Mukund Sadan. Its filings declare 3 earlier projects, none of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if Ashoka Business Center is delayed beyond 31 Dec 2026?

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 Ashoka Business Center?

The registered promoter entity is Mukund MGM Realty, a partnership firm as per the filing. Its GSTIN 29ABPFM6502P1ZH 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 Ashoka Business Center?

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 Ashoka Business Center?

The professionals named in the filing: Architect: Rathanraj Adhikari; Engineer: P SURESH PAI; Chartered Accountant: Gautham Pai. 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 Ashoka Business Center?

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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