ReraGenieLog inGet a buyer report

Home / Browse projects / Udupi, Karnataka / KARTIK ESTATE

Registration approved Commercial project

KARTIK ESTATE

By Karthik Estate

RG-KA-40930 · RERA PRM/KA/RERA/1273/318/PR/180222/002375 · Last updated on RERA Karnataka portal: Not stated

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Jan 2018Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 40 documents Report an error

KARTIK ESTATE is a Commercial project by Karthik Estate in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/180222/002375 on 22 Feb 2018. Possession is promised by 31 Jan 2018.

At a glance

Project

  • NameKARTIK ESTATE
  • TypeCommercial
  • Location
    • Udupi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1273/318/PR/180222/002375
  • ReraGenie IDRG-KA-40930

Builder

  • NameKarthik Estate
  • Entity typePartnership Firm
  • Authorized SignatoryHARIYAPPA KOTIAN

Key dates

Registered
22 Feb 2018
Promised
31 Jan 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on22 Feb 2018
  • Promised completion31 Jan 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed40 files

The full filing

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

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 area1,406 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 7.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectYOGISHCHANDRA DHARA
EngineerGOPAL BHAT

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed40

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/180222/002375 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: REG _merged.pdf-
Commencement Certificate-
APPROVE PLAN-ilovepdf-compressed-
Approved Layout plan-
DRAFT-
Agreement-
SALE DEED 1-
APPROVE PLAN-ilovepdf-compressed-
Brochure-
Brochure-
E C-
KHATA-
Partnership Deed-
SALE DEED 1-
CONVERSSION-
MESCOM-
Unnamed document-
APPROVE PLAN-ilovepdf-compressed-
Approved Layout plan-
APPROVE PLAN-ilovepdf-compressed-
Search Report-
Balance Sheet 2016 - 2017File: KarEstBS17-18-ilovepdf-compressed.pdf-
Balance Sheet 2015 - 2016File: KarEstBS-16.pdf-
Balance Sheet 2014 - 2015File: HollaAssociates.pdf-
Audited Profit and Loss Statement 2016 - 2017File: KarEstBS17-18-ilovepdf-compressed.pdf-
Audited Profit and Loss Statement 2015 - 2016File: HollaAssociates.pdf-
Audited Profit and Loss Statement 2014 - 2015File: HollaAssociates.pdf-
Director's Report 2016 - 2017File: KarEstBS17-18-ilovepdf-compressed.pdf-
Director's Report 2015 - 2016File: HollaAssociates.pdf-
Director's Report 2014 - 2015File: HollaAssociates.pdf-
Cash Flow Statement 2016 - 2017File: KarEstBS17-18-ilovepdf-compressed.pdf-
Cash Flow Statement 2015 - 2016File: HollaAssociates.pdf-
Auditor's Report 2016 - 2017File: KarEstBS17-18-ilovepdf-compressed.pdf-
Auditor's Report 2015 - 2016File: HollaAssociates.pdf-
Auditor's Report 2014 - 2015File: HollaAssociates.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: KarEstBS17-18-ilovepdf-compressed.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: HollaAssociates.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: HollaAssociates.pdf-
Occupancy CertificateFile: Occupancy Certificate.pdf-
Completion certificateFile: Compliton Certificate-compressed.pdf-

How this compares with Udupi

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.

Keep KARTIK ESTATE on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Udupi260+ in Udupi

Builder: Karthik Estate

Karthik Estate has 1 registration on RERA Karnataka, including KARTIK ESTATE. 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 KARTIK ESTATE is delayed beyond 31 Jan 2018?

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 KARTIK ESTATE?

The registered promoter entity is Karthik Estate, 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 KARTIK ESTATE?

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 KARTIK ESTATE?

The professionals named in the filing: Architect: YOGISHCHANDRA DHARA; Engineer: GOPAL BHAT. 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 KARTIK ESTATE?

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.

Report an error Share feedback

Report an error or share feedback

About KARTIK ESTATE. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save KARTIK ESTATE to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.