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ASSETZ KVN NIWA & NEO
RG-KA-28527 · RERA PRM/KA/RERA/1251/472/PR/220726/008831 · Last updated on RERA Karnataka portal: 15 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
Saved.
ASSETZ KVN NIWA & NEO is a Residential/Group Housing project by Elite Projects in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/472/PR/220726/008831 on 22 Jul 2026. Possession is promised by 30 Sep 2031. 0 of the 845 units on this registration are recorded sold or booked, and 0 of 18 construction stages are filed complete.
At a glance
Project
- NameASSETZ KVN NIWA & NEO
- TypeResidential/Group Housing
- Location
- Yelahanka
- Bengaluru Urban
- 562149
- Pincode562149
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/472/PR/220726/008831
- ReraGenie IDRG-KA-28527
Builder
- NameElite Projects
- Entity typePartnership Firm
- GSTIN29AALFE6056H1Z3
- Authorized SignatorySaurav Guha
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on22 Jul 2026
- Promised completion30 Sep 2031
- Revised completionNone
- Buildings3 building records
- Documents filed83 files
Current status
Figures as on 15 Oct 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| TOWER A | - | - | - | 220 | 0 | 220 |
| TOWER B | - | - | - | 312 | 0 | 312 |
| TOWER C | - | - | - | 313 | 0 | 313 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 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.
0 of 18 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 70%.
Building: 4% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 70% |
| Foundation footing work | 0% |
| Upto Plinth Level | 0% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 0% |
| Retaining wall (All types) | 0% |
| RCC or MS Framed structure | 0% |
| Masonry Construction | 0% |
| Plastering inside , outside & Ceiling | 0% |
| Joinery: Doors, Windows, Ventilators etc | 0% |
| Basic work of Water supply, Sanitary and Electrification | 0% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 0% |
| Railing and Grill fixing | 0% |
| Electrification, Water supply and Sanitary Finishing | 0% |
| Painting | 0% |
| Fire prevention and fire fighting fitting and fixture with network | 0% |
| Weather Proof work(tile,concrete) | 0% |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | 0% |
| Internal and External work including landscapes as per sanctioned drawings | 0% |
Progress on shared amenities40
As on 15 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 0% |
| Sewage and Drainage System | Yes | 0% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 0% |
| Energy management | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Solid waste management and disposal | Yes | 0% |
| Emergency Evacuation services | Yes | 0% |
| Internal Roads & Footpaths | Yes | 0% |
| Electricity supply transformer and substation | Yes | 0% |
| Storm water drains | Yes | 0% |
| Use of renewable energy | Yes | 0% |
| Sewage Treatment Plant (STP) | Yes | 0% |
| Parks & Tree planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Electricity | Yes | 0% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 0% |
| Club House | Yes | 0% |
| Community Hall | Yes | 0% |
| Outdoor Sports facility | Yes | 0% |
| Indoor Sports facility | Yes | 0% |
| Swimming Pool | Yes | 0% |
| Gym | Yes | 0% |
| Parks | Yes | 0% |
| Power Backup | Yes | 0% |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | 0% |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 0% |
| Lifts | Yes | 0% |
| Corridor/Lobbies | Yes | 0% |
| Fire escapes | Yes | 0% |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | 0% |
| Basement | Yes | 0% |
| Terrace | Yes | 0% |
| Outer Wall | Yes | 0% |
| Open parking areas | Yes | 0% |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | 0% |
| Common storage spaces | No | Not applicable |
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 |
|---|---|---|
| Elite Projects | - | - |
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 436.37 cr | Rs 1.35 cr |
| On-site expenditure-Salaries of workers | Rs 154.07 cr | - |
| Principal sum and interest payable to financial institutions-Scheduled Banks | Rs 82.53 cr | - |
| On-site expenditure-Consultants Fees | Rs 9.34 cr | Rs 2.18 cr |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Lolita Almeida Thota |
| Engineer | H.G.Naikar |
| Chartered Accountant | Shyam Prasad Shetty |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed83
As listed on the registration, under the names the promoter filed them with; the newest 80 of 83 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/472/PR/220726/008831 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form -4 Chartered ASSETZ KVN NIWA & NEO.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Form-5 Architect ASSETZ KVN NIWA & NEO - RA Sign.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form -6 Engineer ASSETZ KVN NIWA & NEO.pdf | 15 Oct 2026 |
| Q2 2026-27 Water supply and sewage board | 15 Oct 2026 |
| Q2 2026-27 KSPCB- PCB (10 Acres to 125 Acres) | 15 Oct 2026 |
| Q2 2026-27 KSPCB- MOEF (Above 50 Acres) | 15 Oct 2026 |
| Q2 2026-27 KPTCL- BESCOM | 15 Oct 2026 |
| Q2 2026-27 Fire and Safety | 15 Oct 2026 |
| Q2 2026-27 Airport Authority of India | 15 Oct 2026 |
| Elite Projects Financials - 2025-2026File: 1 Elite Projects Financials - 2025-2026.pdf | 21 Jul 2026 |
| Elite Projects AR - 2025-2026File: 1 Elite Projects AR - 2025-2026.pdf | 21 Jul 2026 |
| Elite Projects Financials - 2024-2025File: 2 Elite Projects Financials - 2024-2025.pdf | 21 Jul 2026 |
| Elite Projects AR - 2024-2025File: 2 Elite Projects AR - 2024-2025.pdf | 21 Jul 2026 |
| Elite Projects Financials - 2023-2024File: 3 Elite Projects Financials - 2023-2024.pdf | 21 Jul 2026 |
| Elite Projects AR - 2023-2024File: 3 Elite Projects AR - 2023-2024.pdf | 21 Jul 2026 |
| FY 2022-23 Financials DeclarationFile: 4 FY 2022-23 Financials Declaration.pdf | 21 Jul 2026 |
| CA Self-attested Membership and KYCFile: 5 CA Self-attested Membership and KYC.pdf | 21 Jul 2026 |
| Clarification on QueriesFile: 1 Clarification on Queries.pdf | 21 Jul 2026 |
| Proforma Agreement to SellFile: 2 Proforma Agreement to Sell.pdf | 21 Jul 2026 |
| Allotment Letter - Assetz Niwa & NeoFile: 3 Allotment Letter - Assetz Niwa & Neo.pdf | 21 Jul 2026 |
| Declaration Affidavit - Water SupplyFile: 4 Declaration Affidavit - Water Supply.pdf | 21 Jul 2026 |
| Registration CertificateFile: Registration Certificate.pdf | - |
| GST CertificateFile: GST Certificate.pdf | - |
| Partnership DeedFile: Partnership reconstitution Deed-Elite.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form 1 CA Certificate.pdf | - |
| Certificate issued by Architect Form 2File: Form 2 Architect Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Form 3 Engineer certificate.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Non Litigation Affidavit.pdf | - |
| Balance Sheet 2024 - 2025File: Balance sheet 2025-26.pdf | - |
| Balance Sheet 2023 - 2024File: Balance sheet 2023-24.pdf | - |
| Audited Profit and Loss Statement 2024 - 2025File: Profit & Loss 2024-25.pdf | - |
| Audited Profit and Loss Statement 2023 - 2024File: Profit & Loss 2023-24.pdf | - |
| Income Tax Return Acknowledgement 2024 - 2025File: ITR 2024-25.pdf | - |
| Income Tax Return Acknowledgement 2023 - 2024File: ITR 2023-24.pdf | - |
| Buidling Permit - KIADB | - |
| 1 Site Plan | - |
| 15 Section 1 | - |
| STRUCTURAL STABILITY CERTIFICATE 2 | - |
| Project Specifications | - |
| Form B Affidavit | - |
| Sec 3-1 Violation Affidavit | - |
| Advocate Search Report Title report | - |
| NOC BESCOM | - |
| NOC WATER | - |
| NOC KSPCB | - |
| NOC SEIAA | - |
| NOC FIRE | - |
| NOC AIRPORT | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Amenities Declaration | - |
| CDP Master Extract | - |
| 2 Basement 2 Floor Plan | - |
| 3 Basement 1 Floor Plan | - |
| 4 Ground Floor Plan | - |
| 5 First Floor Plan Tower A B C | - |
| 6 Second Floor Tower A B C | - |
| 7 3rd Floor Plan Tower A B C | - |
| 8 Typical Floor Tower A B C | - |
| 9 19th Floor Plan Tower A B C | - |
| 10 23rd Floor Plan Tower A B C | - |
| 11 24-28th Floor Plan Tower A B C | - |
| 12 29th Floor Tower B C Terrace Floor Tower A | - |
| 13 Terrace Floor Tower B C | - |
| 14 Elevation Tower A | - |
| 15 Section 1 | - |
| 16 Section 2 | - |
| Land Cost calculation Sheet | - |
| No Sales Declaration | - |
| Construction cost estimate by Engineer 2 | - |
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Builder: Elite Projects
ELITE PROJECTS has 2 registrations on RERA Karnataka, including BREEZE and ASSETZ KVN NIWA & NEO. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if ASSETZ KVN NIWA & NEO is delayed beyond 30 Sep 2031?
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 ASSETZ KVN NIWA & NEO?
The registered promoter entity is Elite Projects, a partnership firm as per the filing. Its GSTIN 29AALFE6056H1Z3 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 ASSETZ KVN NIWA & NEO?
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 ASSETZ KVN NIWA & NEO?
The professionals named in the filing: Architect: Lolita Almeida Thota; Engineer: H.G.Naikar; Chartered Accountant: Shyam Prasad Shetty. 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 ASSETZ KVN NIWA & NEO?
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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