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Registration approved No litigation declared Residential/Group Housing project

BHAVANI EMERALD

By BHAVANI BUILDERS

RG-KA-73703 · RERA PRM/KA/RERA/1273/318/PR/170125/007396 · Last updated on RERA Karnataka portal: 14 Jul 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 2029Possession promisedno revision filed
5 of 14Construction stages donefurthest along: Masonry Construction, 80%
26 of 33Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 71 documents Report an error

BHAVANI EMERALD is a Residential/Group Housing project by BHAVANI BUILDERS in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/170125/007396 on 17 Jan 2025. Possession is promised by 31 Dec 2029. 7 of the 33 units on this registration are recorded sold or booked, and 5 of 14 construction stages are filed complete.

At a glance

Project

  • NameBHAVANI EMERALD
  • TypeResidential/Group Housing
  • Location
    • Udupi
    • 576107
  • Pincode576107
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/318/PR/170125/007396
  • ReraGenie IDRG-KA-73703

Builder

  • NameBHAVANI BUILDERS
  • Entity typePartnership Firm
  • GSTIN29AAWFB1423C1ZK
  • Authorized SignatoryNARAYAN ACHAR
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredJan 2025PromisedDec 2029

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Jan 2025
  • Promised completion31 Dec 2029
  • Revised completionNone
  • Buildings1 building record
  • Documents filed71 files

Current status

21%7 of 33 units booked
54.9%Of the estimated cost spent so far

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

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BHAVANI EMERALD---33033

The full filing

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

Construction progress by building1

As on 14 Jul 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.

5 of 14 construction stages are filed complete. The stage furthest along is Masonry Construction, at 80%.

Building: 60% 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)Not applicable
RCC or MS Framed structure100%
Masonry Construction80%
Plastering inside , outside & Ceiling65%
Joinery: Doors, Windows, Ventilators etc35%
Basic work of Water supply, Sanitary and Electrification45%
Dadoing, Skirting, Flooring, Tiles work (All types)30%
Railing and Grill fixing25%
Electrification, Water supply and Sanitary Finishing45%
Painting15%
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 work0%
Internal and External work including landscapes as per sanctioned drawingsNot applicable

Progress on shared amenities40

As on 14 Jul 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 SystemYes0%
Water conservation/rain water harvesting/recharge of ground waterYes0%
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes0%
Storm water drainsYes0%
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes0%
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes0%
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes0%
Piped GasNoNot applicable
Water and SanitationNoNot applicable
Air ConditioningNoNot applicable
StaircasesYes70%
LiftsYes25%
Corridor/LobbiesYes40%
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceYes35%
Outer WallYes0%
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffYes0%
Water conservation and renewable energyYes0%
Common storage spacesNoNot 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.

Land area1,760 sq m
Land owned byNot the promoter
Named landowners1
LandownerVillageDistrict
RAVISHCHANDRA SHETTY & OTHERS--

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 7.00 cr
Cost incurredRs 3.84 cr
Spent of the estimate54.92%
BuildingWingEstimatedIncurred
-NARs 7.00 crRs 3.84 cr

Certifying professionals and partners3

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

RoleName
ArchitectYOGISHCHANDRA DHARA
EngineerM GOPAL BHAT
Chartered AccountantGANESH Y

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed71

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/170125/007396 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form 4-signed-final.pdf14 Jul 2026
Q1 2026-27 Form-5 Certificate issued by ArchitectFile: Form-5, Architect _QU_ 1.pdf14 Jul 2026
Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form -6, Engineer _QU_ 1.pdf14 Jul 2026
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4-signed-final.pdf15 Apr 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: architect.pdf15 Apr 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: engineer.pdf15 Apr 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4-signed.pdf15 Jan 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Form-5, Architect _QU.pdf15 Jan 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form -6, Engineer _QU.pdf15 Jan 2026
RTC, survey 282/44-
Mutation, survey 282/44-
Encumbrance Certificate, survey 282/44-
Conversion/Alienation Order, survey 282/44-
JDA, survey 282/44-
Khatha, survey 282/44-
Registration CertificateFile: firm registration certifcate.pdf-
GST CertificateFile: GST.pdf-
Partnership DeedFile: partnership deed.pdf-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form -1, Bhavani Emerald DSC .pdf-
Certificate issued by Architect Form 2File: Form-2, Architect.pdf-
Certificate issued by Engineer Form 3File: Form -3, Engineer.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: litigation affidavit.pdf-
Balance Sheet 2023 - 2024File: BS 2024-25.pdf-
Balance Sheet 2022 - 2023File: BS AY 2023-24.pdf-
Balance Sheet 2021 - 2022File: BS AY 2022-23.pdf-
Audited Profit and Loss Statement 2023 - 2024File: PL AY 2024-25.pdf-
Audited Profit and Loss Statement 2022 - 2023File: PL AY 2023-24.pdf-
Audited Profit and Loss Statement 2021 - 2022File: PL AY 2022-23.pdf-
Income Tax Return Acknowledgement 2023 - 2024File: ITR AY 2024-25.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: ITR AY 2023-24.pdf-
Building licence-
approved plan-
single layout-
STABILITY CERTIFICATE-
specification-
broucher-
proforma AOS-
Proforma allottment letter-
form b-
affidavit 3(1)-
jda affidavit-
search report-
mescom noc-
water noc-
KSPCB-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
village map-
JD GPA 251-2024-25-
PARTITION DEED 1532-1994-95-
land calculation sheet-
carpet area statement-
stp drawing-
estimation cost by engineer-
CDP plan-
BHAVANI BUILDERS PARKALA SITE APPROVED DWG-1-
BHAVANI BUILDERS PARKALA SITE APPROVED DWG-2-

Promoter's earlier projects1

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 date
ProjectLocationStatusPromisedDelivered
BHAVANI HESSONITEPROPOSED CONSTRUCTION OF RESIDENTIAL APARTMENT BUILDING IN , S.NO :-316/1 AT SHIVALLI VILLAGE UDUPI TALUKCompleted-Not delivered

How this compares with Udupi

21%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
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 kmBHAVANI EMERALDOther 9Dot size: filed unitsN

Filed coordinates, straight-line distance. 9 registered projects within 2 km.

Builder: BHAVANI BUILDERS

BHAVANI BUILDERS has 2 registrations on RERA Karnataka, including BHAVANI HESSONITE and BHAVANI EMERALD. Its filings disclose 1 earlier RERA Karnataka project, none completed yet. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if BHAVANI EMERALD is delayed beyond 31 Dec 2029?

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 BHAVANI EMERALD?

The registered promoter entity is BHAVANI BUILDERS, a partnership firm as per the filing. Its GSTIN 29AAWFB1423C1ZK 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 BHAVANI EMERALD?

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 BHAVANI EMERALD?

The professionals named in the filing: Architect: YOGISHCHANDRA DHARA; Engineer: M GOPAL BHAT; Chartered Accountant: GANESH Y. 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 BHAVANI EMERALD?

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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