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Registration approved No litigation declared Residential/Group Housing project

Bhandaary Vertica

By BHANDARY CITY WORLD PRIVATE LIMITED

RG-KA-01683 · RERA PRM/KA/RERA/1257/334/PR/220207/004670 · Last updated on RERA Karnataka portal: 13 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
Jul 2027Possession promisedno revision filed
0 of 19Construction stages donefurthest along: Earth work and other leveling..., 60%
31 of 41Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 160 documents Report an error

Bhandaary Vertica is a Residential/Group Housing project by BHANDARY CITY WORLD PRIVATE LIMITED in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/220207/004670 on 7 Feb 2022. Possession is promised by 30 Jul 2027. 10 of the 41 units on this registration are recorded sold or booked, and 0 of 19 construction stages are filed complete.

At a glance

Project

  • NameBhandaary Vertica
  • TypeResidential/Group Housing
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/220207/004670
  • ReraGenie IDRG-KA-01683

Builder

  • NameBHANDARY CITY WORLD PRIVATE LIMITED
  • Entity typeCompany
  • CINU45205KA2014PTC073412
  • Authorized SignatoryLakshmish Bhandary
  • DirectorNikhitha.L.Bhandary
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredFeb 2022PromisedJul 2027

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Feb 2022
  • Promised completion30 Jul 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed160 files

Current status

24%10 of 41 units booked
54.4%Of the estimated cost spent so far

Figures as on 13 Oct 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Bhandaary Vertica---41041

The full filing

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

Construction progress by building1

As on 13 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 19 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 60%.

Building: 16% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work60%
Foundation footing work60%
Retaining wall (All types)0%
Plinth level Beam28%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)0%
RCC or MS Framed structure39%
Masonry construction: Bricks, Concrete blocks etc39%
Plastering inside , outside & Ceiling35%
Joinery: Doors, Windows, Ventilators etc0%
Basic work of Water supply, Sanitary and Electrification0%
Dadoing, Skirting, Flooring, Tiles work (All types)35%
Railing and Grill fixing0%
Electrification, Water supply and Sanitary Finishing0%
Wardrobe, Showcase, Kitchen cabinet, Puja work0%
Fire prevention and fire fighting fitting and fixture with network0%
Weather Proof work(tile,concrete)0%
Painting0%
Elevation work0%
Internal and External work including landscapes as per santioned drawings0%

Progress on shared amenities41

As on 13 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 SupplyYes0%
Internal Roads & FootpathsYes0%
Sewage and Drainage SystemYes0%
Parks & Tree plantingYes0%
Street LightingYes0%
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes0%
Solid waste management and disposalYes0%
Water conservationYes0%
Energy managementYes0%
Fire protection and fire safety requirementsYes0%
Education/Health/Other public amenitiesYes0%
Electricity supply transformer and substationYes0%
Emergency Evacuation servicesYes0%
Storm water drainsYes0%
Use of renewable energyYes0%
Water conservation/rain water harvesting/recharge of ground waterYes0%
ElectricityYes0%
Smart Home AutomationYes0%
CCTV SurveillanceYes0%
Club HouseYes0%
Community HallYes0%
Outdoor Sports facilityYes0%
Indoor Sports facilityYes0%
Swimming PoolYes0%
GymYes0%
ParksYes0%
Power BackupYes0%
GasYes0%
Water and SanitationYes0%
Air Conditioning And incerntionYes0%
StaircasesYes32%
LiftsYes0%
Staircases and Lift lobbies, corridor,lobbies, corridorYes0%
Fire escapesYes0%
Common entrance and exit for the building / common portico/foyer/verandahYes0%
BasementYes0%
TerraceYes0%
Outer WallYes0%
Open parking areas and common storage spacesYes0%
Provision for lodging of management staff and security staffYes0%
Water conservation and renewable energyYes0%

Land and ownership2

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

Land area3,965 sq m
Named landowners2
LandownerVillageDistrict
Mrs. Nikhitha L Bhandary, Director, Bhandary City World P.Ltd--
Mr. Lakshmish Bhandary, Managing Director, Bhandary City World Private Limited--

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 69.23 cr
Cost incurredRs 37.65 cr
Spent of the estimate54.38%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 63.13 crRs 37.65 cr
Principal sum and interest payable to financial institutions-Non Banking financial institution (NBFC)Rs 6.10 cr-

Certifying professionals and partners2

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

RoleName
ArchitectGokul Raj Associates
EngineerShangvi & Associates Consultant Private Limited

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed160

As listed on the registration, under the names the promoter filed them with; the newest 80 of 160 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/220207/004670 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: form 4 vertica.pdf13 Oct 2026
Q2 2026-27 Form-5 Certificate issued by ArchitectFile: form 5 vertica.pdf13 Oct 2026
Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: form 6 vertica.pdf13 Oct 2026
Q2 2026-27 Water supply and sewage board13 Oct 2026
Q2 2026-27 KSPCB- PCB (10 Acres to 125 Acres)13 Oct 2026
Q2 2026-27 KPTCL- BESCOM13 Oct 2026
Q2 2026-27 Fire and Safety13 Oct 2026
Q2 2026-27 Airport Authority of India13 Oct 2026
Q2 2026-27 BSNL/Telecommunication Department13 Oct 2026
Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: form4 vertica.pdf14 Jul 2026
Q1 2026-27 Form-5 Certificate issued by ArchitectFile: form5 vertica.pdf14 Jul 2026
Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: form6 vertica.pdf14 Jul 2026
Q1 2026-27 Water supply and sewage board14 Jul 2026
Q1 2026-27 KSPCB- PCB (10 Acres to 125 Acres)14 Jul 2026
Q1 2026-27 KPTCL- BESCOM14 Jul 2026
Q1 2026-27 Fire and Safety14 Jul 2026
Q1 2026-27 Airport Authority of India14 Jul 2026
Q1 2026-27 BSNL/Telecommunication Department14 Jul 2026
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: FORM4 vertica.pdf14 Apr 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Form 5.pdf14 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form 6.pdf14 Apr 2026
Q4 2025-26 Water supply and sewage board14 Apr 2026
Q4 2025-26 KSPCB- PCB (10 Acres to 125 Acres)14 Apr 2026
Q4 2025-26 KPTCL- BESCOM14 Apr 2026
Q4 2025-26 Fire and Safety14 Apr 2026
Q4 2025-26 Airport Authority of India14 Apr 2026
Q4 2025-26 BSNL/Telecommunication Department14 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4.pdf17 Jan 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Form 5.pdf17 Jan 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form 6.pdf17 Jan 2026
Q3 2025-26 Water supply and sewage board17 Jan 2026
Q3 2025-26 KSPCB- PCB (10 Acres to 125 Acres)17 Jan 2026
Q3 2025-26 KPTCL- BESCOM17 Jan 2026
Q3 2025-26 Fire and Safety17 Jan 2026
Q3 2025-26 Airport Authority of India17 Jan 2026
Q3 2025-26 BSNL/Telecommunication Department17 Jan 2026
NOC from Bank as per the hearing that took place on 19/01/2022File: SCDCC BANK NOC.jpeg28 Jan 2022
NOC FROM THE LENDING BANK SCDCC BANK, MANGALOREFile: NOC FROM BANK.pdf25 Jan 2022
Affidavit with regard to MortgageFile: AFFIDAVIT - Mortgage.pdf26 Dec 2021
Proforma of Sale agreement specifying details related to Timeline, Amenities, and other specificatioFile: Draft of Sale Agreement.pdf26 Dec 2021
Project Timeline DetailsFile: project time line.pdf17 Dec 2021
Project Specification DetaislsFile: specifications vertica.pdf17 Dec 2021
Undertaking cum DeclarationFile: undertaking cum declaration.pdf17 Dec 2021
Project Loan Approval LetterFile: SCDCC LOAN APP.jpg17 Dec 2021
NOC from Water Board AttachedFile: NOC W.pdf30 Nov 2021
NOC from MESCOM attachedFile: NOC M (1).pdf30 Nov 2021
RERA DESIGNATED BANK ACCOUNT STATEMENTFile: BANK ACCOUNT.jpg30 Nov 2021
AUDIT REPORT FOR THE FY 2019-20 ATTACHED WITH CA UDIN NUMBERFile: Audit report.pdf20 Sep 2021
PROFIT AND LOSS ACCOUNT STATEMENT FOR THE FY 2019-20 WITH CA UDIN NUMBERFile: PL Statement.pdf20 Sep 2021
BALANCE SHEET FOR THE FY 2019-20 WITH CA-UDIN NUMBERFile: Balance sheet.pdf20 Sep 2021
IRREGULAR SITE PLAN OF THE PROJECTFile: Irregular Site PLan.jpg20 Sep 2021
SITE PLAN OF THE PROJECTFile: Site plan.jpg20 Sep 2021
SECTION ELEVATION AND KEY PLAN OF THE PROJECTFile: Key Plan.jpg20 Sep 2021
BASEMENT PLAN OF THE PROJECTFile: Basement.jpg20 Sep 2021
GROUND FLOOR PLAN OF THE PROJECTFile: Gr Flr Plan.jpg20 Sep 2021
FIRST SECOND AND THIRD FLOOR PLAN OF THE PROJECTFile: Floor Plan.jpg20 Sep 2021
AND 50 AND 53 AND TERRACE FLOOR PLANFile: Flr Plan.jpg20 Sep 2021
TYPICAL LOWER AND UPPER DUPLEX FLOOR PLANFile: Duplex Plan.jpg20 Sep 2021
ACKNOWLEDGEMENT COPY OF BSNL NOC. WE WILL SUBMIT THE NOC AS SOON AS WE RECEIVE THE SAMEEFile: BSNL NOC.jpg20 Sep 2021
ACKNOWLEDGEMENT COPY OF WATER BOARD NOC. WE WILL SUBMIT AS SOON AS WE RECEIVE THE SAMEFile: WATER NOC.jpg20 Sep 2021
ACKNOWLEDGEMENT COPY OF MESCOM NOC. WE WILL SUBMIT THE NOC AS SOON AS WE RECEIVE ITFile: MESCOM NOC.jpg20 Sep 2021
TDR RELINQUISHMENT DEED FOR THE LAND SURRENDERED TO THE LOCAL BODYFile: TDR RELINQUISHMENT DEED.pdf20 Sep 2021
DR CERTIFICATE OF LOCAL BODY FOR RELINQUISHMENT OF LAND FOR ROADS, SEPARATE DEED IS NOT AVAILABLEFile: RELINQUISHMENT LETTER.pdf20 Sep 2021
REQUISITION FOR CHANGE IN PROMOTERS NAMEFile: REQUISITION FOR CHANGE IN PROMOTER NAME.pdf6 Sep 2021
CERTIFICATE OF INCORPORATION OF THE PROMOTER M/S BHANDARY CITY WORLD PRIVATE LIMITEDFile: Bhandary City World Incorporation Certificate.pdf6 Sep 2021
BANK ACCOUNT PASS BOOK IN THE NAME OF PROMOTER AS PER RERA DIRECTIONFile: BANK PASS BOOK AS PER RERA REQUIREMENT.pdf6 Sep 2021
AUDIT REPORT OF THE PROMOTING COMPANY WITH CA UDIN NUMBERFile: Audit report- 19-20 with UDIN NUMBER OF CA.pdf6 Sep 2021
FINANCIAL STATEMENT OF THE PROMOTING COMPANY WITH CA UDIN NUMBERFile: PROFIT & LOSS ACCOUNT WITH UDIN NUMBER.pdf6 Sep 2021
BALANCE SHEET OF THE PROMOTING COMPANY WITH CA UDIN NUMBERFile: BALANCE SHEET WITH UDIN NUMBER.pdf6 Sep 2021
FORM B DECLARATION AS PER RERA FORMATFile: Form B Declaration.pdf6 Sep 2021
UPDATED EC WITH THE NAME OF THE PROMOTING COMPANY AND ITS DIRECTORSFile: UPDATED EC WITH NAME OF LAKSHMISH HANDARY & NIKHITA BHANDARY.pdf6 Sep 2021
SALE DEED IN FAVOUR OF PROMOTING COMPANY AND LAKSHMISH BHNADARY AND NIKHITA BHANDARYFile: LAND SALE DEED 1 in favour of Lakshmish Bhandary and Nikhita Bhandary.pdf6 Sep 2021
SALE DEED IN FAVOUR OF PROMOTING COMPANY AND LAKSHMISH BHANDARY AND NIKHITA BHANDARYFile: LAND SALE DEED in favour of Lakshmish Bhandary & Nikhita Bhandary.pdf6 Sep 2021
IRREGULAR SITE PLAN OF PROJECT BHANDARY VERTICAFile: Irregular Site PLans of Bhandary Vertica.jpg6 Sep 2021
SITE PLAN OF PROJECT BHANDARY VERTICAFile: Site Plan of Bhandary Vertica.jpg6 Sep 2021
BASEMENT FLOOR PLAN OF PROJECT BHANDARY VERTICAFile: Basement Floor Plan of Bhandary Vertica.jpg6 Sep 2021
GROUND FLOOR PLAN OF PROJECT BHANDARY VERTICAFile: Ground Floor PLan of Bhandary Vertica.jpg6 Sep 2021
1ST 2ND AND 3RD FLOOR PLAN OF PROJECT BHANDARY VERTICAFile: 1st 2nd and 3rd floor Plan of Bhnadary Vertica.jpg6 Sep 2021
49TH 50TH AND 53RD FLOOR PLAN OF BHANDARY VERTCAFile: 49th 50th and 53rd floor Plan of Bhandary Vertica.jpg6 Sep 2021
SECTION ELEVATION AND KEY PLAN OF BHANDARY VERTICAFile: Section, Elevation & Key Plan of Bhandary Vertica.jpg6 Sep 2021

How this compares with Dakshina Kannada

24%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 kmBhandaary VerticaOther 28Dot size: filed unitsN

Filed coordinates, straight-line distance. 28 registered projects within 2 km.

Builder: BHANDARY CITY WORLD PRIVATE LIMITED

BHANDARY CITY WORLD PRIVATE LIMITED has 3 registrations on RERA Karnataka, including BHANDARY CANYON and BHANDARY INIHA BUSINESS CENTRE. Its filings declare 2 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 Bhandaary Vertica is delayed beyond 30 Jul 2027?

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 Bhandaary Vertica?

The registered promoter entity is BHANDARY CITY WORLD PRIVATE LIMITED, a company as per the filing. Its CIN U45205KA2014PTC073412 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 Bhandaary Vertica?

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 Bhandaary Vertica?

The professionals named in the filing: Architect: Gokul Raj Associates; Engineer: Shangvi & Associates Consultant Private Limited. 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 Bhandaary Vertica?

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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