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Registration approved Residential/Group Housing project

Balakrishna Towers

By Y.S.Balakrishna Rao

RG-KA-18678 · RERA PRM/KA/RERA/1273/318/PR/190809/002765 · Last updated on RERA Karnataka portal: Not stated

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
Sep 2020Possession promisedmoved 6 months from the original
0 of 15Construction stages donefurthest along: Earth work and other leveling..., 0%
14 of 14Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 20 documents Report an error

Balakrishna Towers is a Residential/Group Housing project by Y.S.Balakrishna Rao in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/190809/002765 on 9 Aug 2019. Possession is promised by 30 Sep 2020. The completion date has moved by 6 months from the original filing. 0 of the 14 units on this registration are recorded sold or booked, and 0 of 15 construction stages are filed complete.

At a glance

Project

  • NameBalakrishna Towers
  • TypeResidential/Group Housing
  • Location
    • Udupi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/318/PR/190809/002765
  • ReraGenie IDRG-KA-18678

Builder

  • NameY.S.Balakrishna Rao

Key dates

this monthRegisteredAug 2019First promiseMar 2020Revised toSep 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on9 Aug 2019
  • Promised completion30 Sep 2020
  • Revised completionRevised to 30 Sep 2020 (originally 31 Mar 2020)
  • Buildings1 building record
  • Documents filed20 files

Current status

0%0 of 14 units booked

Figures as on Not stated, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BALAKRISHNA TOWERS---14014

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 15 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

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
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)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot 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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
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 drainsYes-
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-
GasYes-
Water and SanitationYes-
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/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes-

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 area741 sq m
Land owned byNot the promoter
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 1.97 cr

Certifying professionals and partners2

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

RoleName
Architectc shridhar acharya
EngineerRaveendra Acharya

Extensions applied for1

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

ExtensionMar 2020 → Sep 2020

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed20

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/190809/002765 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
combinepdf_Compressed-
5Approved Building Plan-
single plan-
DRAFT Sale DEED-
6Kalsanka flat deed-
7saledeed and rtc-
5Approved Building Plan-
8Allotment Letter-
9Brochure-min-
project specification-compressed-
2Ec-
Affidavith-
13khata-
14CONVERSIOM_compressed (1)-
5Approved Building Plan-
Form B-
Prospectus/BrochureFile: Brochure.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1273_318_PR_190809_002765.xlsx-
Occupancy CertificateFile: IMG_0001.jpg-
Completion certificateFile: IMG_0001.jpg-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one moved by 6 months
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

2 kmBalakrishna TowersOther 53Dot size: filed unitsN

Filed coordinates, straight-line distance. 53 registered projects within 2 km.

Builder: Y.S.Balakrishna Rao

Y.S.Balakrishna Rao has 1 registration on RERA Karnataka, including Balakrishna Towers. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if Balakrishna Towers is delayed beyond 30 Sep 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 Balakrishna Towers?

The registered promoter entity is Y.S.Balakrishna Rao. 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 Balakrishna Towers?

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 Balakrishna Towers?

The professionals named in the filing: Architect: c shridhar acharya; Engineer: Raveendra Acharya. 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 Balakrishna Towers?

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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