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Registration approved Residential/Group Housing project

AXIS ELITE

By AXIS PROPERTIES

RG-KA-23276 · RERA PRM/KA/RERA/1248/440/PR/190809/002798

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Feb 2022Possession promisedmoved 6 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 48 documents Report an error

AXIS ELITE is a Residential/Group Housing project by AXIS PROPERTIES in Vijayanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1248/440/PR/190809/002798 on 9 Aug 2019. Possession is promised by 20 Feb 2022. The completion date has moved by 6 months from the original filing.

At a glance

Project

  • NameAXIS ELITE
  • TypeResidential/Group Housing
  • Location
    • Hospet
    • Vijayanagara
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1248/440/PR/190809/002798
  • ReraGenie IDRG-KA-23276

Builder

  • NameAXIS PROPERTIES
  • Entity typePartnership Firm
  • Authorized SignatoryB. Venugopal

Key dates

this monthRegisteredAug 2019First promiseAug 2021Revised toFeb 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on9 Aug 2019
  • Promised completion20 Feb 2022
  • Revised completionRevised to 20 Feb 2022 (originally 20 Aug 2021)
  • Buildings1 building record
  • Documents filed48 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
AXIS Elite---20020

The full filing

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

Construction progress by building1

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.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationNoNot applicable
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahNoNot applicable
BasementYes-
TerraceYes-
Outer WallNoNot applicable
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot 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.

Land area653 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 3.07 cr

Certifying professionals and partners2

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

RoleName
ArchitectB. Venugopal
EngineerVidyadhar.H.S

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionAug 2021 → Feb 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed48

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/1248/440/PR/190809/002798 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Company Registration Certificate.pdf-
Commencement Certificate_Axis Properties-
Approved Building Plan_Axis Properties-
Existing Layout Plan-
Performa of Sale deed_Axis Properties-
Performa Agreement for Sale_Axis Properties-
Sale Deed & RTC_Axis Properties-
Approved Building Plan_Axis Properties-
Area Development Plan Of Project Area-
Proforma of Allotment Letter-
Brochure of Current-
Project Specification_Axis Properties-
Encumbrance Certificate_Axis Properties-
Section 3(1) Notarized Affidavit_Axis Properties-
Khatha_Axis Properties-
Change of Land Use-
NOC_Declearation-
NOC_Declearation-
Approved Building Plan_Axis Properties-
Existing Layout Plan-
Existing Section Plan and Specification-
Change of Land Use-
Advocate Search Report-
Balance Sheet 2017 - 2018File: ITR_19-20_Axis Properties.pdf-
Balance Sheet 2016 - 2017File: ITR_18-19_Axis Properties.pdf-
Balance Sheet 2015 - 2016File: ITR_17-18_Axis Properties.pdf-
Audited Profit and Loss Statement 2017 - 2018File: ITR_19-20_Axis Properties.pdf-
Audited Profit and Loss Statement 2016 - 2017File: ITR_18-19_Axis Properties.pdf-
Audited Profit and Loss Statement 2015 - 2016File: ITR_17-18_Axis Properties.pdf-
Director's Report 2017 - 2018File: Director's Report_19-20.pdf-
Director's Report 2016 - 2017File: Director's Report_18-19.pdf-
Director's Report 2015 - 2016File: Director's Report_17-18.pdf-
Cash Flow Statement 2017 - 2018File: Cash Flow Statement_19-20.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement_18-19.pdf-
Auditor's Report 2017 - 2018File: Auditor's Report_19-20.pdf-
Auditor's Report 2016 - 2017File: Auditor's Report_18-19.pdf-
Auditor's Report 2015 - 2016File: Auditor's Report_17-18.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR_19-20_Axis Properties.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR_18-19_Axis Properties.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR_17-18_Axis Properties.pdf-
Declaration (Form B)_Axis Properties-
Prospectus/BrochureFile: Prospectus _Brochure_Self Declearation.jpg-
Advertisement Copy 1File: Advertisement Copy_Self Declearation.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1248_440_PR_190809_002798.xlsx-
Occupancy CertificateFile: Completiom Certificate_Axis Elite.pdf-
Completion certificateFile: Completiom Certificate_Axis Elite.pdf-
Registered Agreement of SaleFile: Completiom Certificate_Axis Elite.pdf-
Registered conveyance deed for an individual unitFile: Completiom Certificate_Axis Elite.pdf-

How this compares with Vijayanagara

7%of Vijayanagara projects moved their completion datethis one moved by 6 months
0%of Vijayanagara registrations are shown as withdrawn or revokedthis one is not

Computed across the 110+ Vijayanagara projects on ReraGenie, from their own filings.

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Other projects near Vijayanagara110+ in Vijayanagara

2 kmAXIS ELITEOther 11Dot size: filed unitsN

Filed coordinates, straight-line distance. 11 registered projects within 2 km.

Builder: AXIS PROPERTIES

AXIS PROPERTIES has 1 registration on RERA Karnataka, including AXIS ELITE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Vijayanagara district page.

Frequently asked questions

What are my rights if AXIS ELITE is delayed beyond 20 Feb 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 AXIS ELITE?

The registered promoter entity is AXIS PROPERTIES, a partnership firm as per the filing. 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 AXIS ELITE?

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 AXIS ELITE?

The professionals named in the filing: Architect: B. Venugopal; Engineer: Vidyadhar.H.S. 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 AXIS ELITE?

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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