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Lotus Aaradhya
RG-KA-93801 · RERA PRM/KA/RERA/1257/334/PR/201022/005348 · Last updated on RERA Karnataka portal: 12 Oct 2022
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
Saved.
Lotus Aaradhya is a Mixed Development project by Lotus Properties in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/201022/005348 on 20 Oct 2022. Possession is promised by 30 Nov 2025.
At a glance
Project
- NameLotus Aaradhya
- TypeMixed Development
- Location
- Mangalore
- Dakshina Kannada
- 575003
- Pincode575003
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/334/PR/201022/005348
- ReraGenie IDRG-KA-93801
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on20 Oct 2022
- Promised completion30 Nov 2025
- Revised completionNone
- Buildings1 building record
- Documents filed87 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| LOTUS AARADHYA | - | - | - | - | - | 88 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 12 Oct 2022, 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.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | - |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| 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 | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
As on 12 Oct 2022, 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | - |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | No | Not applicable |
| Open parking areas | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership5
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Rohith Shetty | - | - |
| Laxmi Prakash Shetty | - | - |
| Nagaveni | - | - |
| Lotus Properties Sampath Kumar Shetty T | - | - |
| B Aarathi k Shetty | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 15.00 cr | - |
| On-site expenditure-Consultants Fees | Rs 20.00 lakh | - |
| On-site expenditure-Site Overhead | Rs 20.00 lakh | - |
| Payment of taxes | Rs 20.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 10.00 lakh | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Sprith Alava |
| Engineer | K Anil Hegde |
| Chartered Accountant | Colin Oswald Rodrigues |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed87
As listed on the registration, under the names the promoter filed them with; the newest 80 of 87 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/201022/005348 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CHARTERED ACCOUNTANT CERTIFICATE IN PRESCIRBED FORMATFile: FORM 1 -Pre Registration certificate-Alake Aaradhya.pdf | 12 Oct 2022 |
| PROFIT AND LOSS ACCOUNT FY 2018-19File: Financial Statement with UDIN -DY 2018-19.PDF | 12 Oct 2022 |
| RTC AND MRFile: RTC & M R - Lotus Aaradhya.PDF | 12 Oct 2022 |
| SALE DEED OF SUBBAIAH SY NO 1539/1-44File: Sale Deed - Subbaiah Shetty - Alake.pdf | 12 Oct 2022 |
| Title deed infavour of nagaveni,lakshmi prakash shetty and rohit shetty from subbaiah shettyFile: Title Deed - Nagaveni,Laxmi Prakash and Rohith Shetty - Alake.pdf | 12 Oct 2022 |
| JDA BETWEEN OWNERSFile: JDA - Alake.pdf | 12 Oct 2022 |
| TITLE DEED AARATHI K SHETTYFile: Title Deed - Aarathi K Shetty.pdf | 12 Oct 2022 |
| Signed all land owners in joint affidavit cum decalartionsFile: Joint Affidavit - Lotus Aaradhya.pdf | 12 Oct 2022 |
| Advocate search reportFile: Search Report - Lotus Aaradhya.PDF | 12 Oct 2022 |
| Certified copy obtained by the concerned Sub-registrar regarding value of the propertyFile: Guidelines Value Alake.pdf | 12 Oct 2022 |
| Single Site Layout and OrderFile: Single Site - Alake.pdf | 12 Oct 2022 |
| Premium FAR Certificate/ Fee receiptFile: Premium Far Fee Receipt.pdf | 12 Oct 2022 |
| Village map demarcation of the proposed siteFile: Village Map - Alake.pdf | 12 Oct 2022 |
| CDP Plan demarcation of the proposed siteFile: CDP Plan - Alake.pdf | 12 Oct 2022 |
| Plinth Area Updated with clarification attachedFile: Plinth Area Details.pdf | 12 Oct 2022 |
| Common Area Allotted To Association - ClarificationFile: Common Area Allotee.pdf | 12 Oct 2022 |
| CA Certificate - COST DetailsFile: FORM 1 -Pre Registration certificate-Alake Aaradhya.pdf | 12 Oct 2022 |
| Engineer Certificate - Cost DetailsFile: Engineer Certificate Alake (1).pdf | 12 Oct 2022 |
| NOC - Mescom with fee receiptFile: Mescom NOC - Lotus Aaradhya.PDF | 12 Oct 2022 |
| NOC - WATER SupplyFile: Water Noc - Lotus Aaradhya.PDF | 12 Oct 2022 |
| NOC - Airport Authority - Not applicableFile: Airport NOC - Not Apllicbale.pdf | 12 Oct 2022 |
| STP design drawingFile: STP Design - Alake.pdf | 12 Oct 2022 |
| STP demarcation site planFile: Site Plan - STP.pdf | 12 Oct 2022 |
| Signed copy of the project specificationFile: Signed Specification - Lotus Aaradhya.pdf | 12 Oct 2022 |
| Proforma agreement for saleFile: Rera Proforma Sale Agreement- Lotus Aaradhya.pdf | 12 Oct 2022 |
| section 3(1) notarized affidavit incorporating with the project name and project address/Ack. numberFile: Affidavit - Alake.pdf | 12 Oct 2022 |
| RTC, survey 1539/P1 1-44 | - |
| Mutation, survey 1539/P1 1-44 | - |
| Encumbrance Certificate, survey 1539/P1 1-44 | - |
| Conversion/Alienation Order, survey 1539/P1 1-44 | - |
| Sale/Title/Gift Deed, survey 1539/P1 1-44 | - |
| Khatha, survey 1539/P1 1-44 | - |
| RTC, survey 1540-1-44/1& 2 | - |
| Mutation, survey 1540-1-44/1& 2 | - |
| Encumbrance Certificate, survey 1540-1-44/1& 2 | - |
| Conversion/Alienation Order, survey 1540-1-44/1& 2 | - |
| Khatha, survey 1540-1-44/1& 2 | - |
| Registration CertificateFile: Firm Registration -LP.PDF | - |
| Partnership DeedFile: Partnership Deed - LP.PDF | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: FORM 1 -Pre Registration certificate-Alake Aaradhya.pdf | - |
| Certificate issued by Architect Form 2File: Architect Certificate - Alake.PDF | - |
| Certificate issued by Engineer Form 3File: Engineer Certificate Alake (1).pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Aaradhya - Non Litigation Affidavit.pdf | - |
| Certificate from Chartered AccountFile: FORM 1 -Pre Registration certificate-Alake Aaradhya.pdf | - |
| Balance Sheet 2019 - 2020File: Financial Statements - FY 2020-21.pdf | - |
| Balance Sheet 2018 - 2019File: Financial Statements -P&L -BS - FY 2019-2020.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Financial Statements - FY 2020-21.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Financial Statements -P&L -BS - FY 2019-2020.pdf | - |
| Director's Report 2019 - 2020File: Financial Statements - FY 2020-21.pdf | - |
| Director's Report 2018 - 2019File: Financial Statements -P&L -BS - FY 2019-2020.pdf | - |
| Cash Flow Statement 2019 - 2020File: Financial Statements - FY 2020-21.pdf | - |
| Auditor's Report 2019 - 2020File: Financial Statements - FY 2020-21.pdf | - |
| Auditor's Report 2018 - 2019File: Financial Statements -P&L -BS - FY 2019-2020.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: Financial Statements - FY 2020-21.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR-V - 2019-20.pdf | - |
| Licence - Alake | - |
| Site Plan - Approved | - |
| Site Plan - Approved | - |
| Site Plan - Approved | - |
| Site Plan - Approved | - |
| Site Plan - Approved | - |
| AARADHAY - SPECIFICATION | - |
| Site Plan - Approved | - |
| Site Plan - Approved | - |
| Structural Certificate - Alake | - |
| Search Report - Alake | - |
| M O U | - |
| Single Site_compressed (1) | - |
| Conversion | - |
| Deed of Sale - Alake | - |
| New Agreement - (Rera) | - |
| ALLOTEMENT LETTER | - |
| Aaradhya Brochure | - |
| Aaradhya - Affidavit - Form B_compressed | - |
| Aaradhya - Joint Affidavit | - |
Promoter's earlier projects3
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.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| Lotus Rovin | Pachanady Village Airport Road Bondel Mangalore | Ongoing | Aug 2024 | Not delivered |
| Lotus Paradise Elite | Kodialbail Village K R Rao Road Kodialbail Mangalore | Ongoing | Jan 2023 | Not delivered |
| Lotus Galaxy | Kankanady Village Pumpwell Mangalore | Ongoing | Sep 2022 | Not delivered |
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Builder: Lotus Properties
LOTUS PROPERTIES has 14 registrations on RERA Karnataka, including Lotus Kapila and Lotus Ananya. Its filings declare 23 earlier projects, 9 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 Lotus Aaradhya is delayed beyond 30 Nov 2025?
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 Lotus Aaradhya?
The registered promoter entity is Lotus Properties, a partnership firm as per the filing. Its GSTIN 29AAHFL3668G1ZY 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 Lotus Aaradhya?
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 Lotus Aaradhya?
The professionals named in the filing: Architect: Sprith Alava; Engineer: K Anil Hegde; Chartered Accountant: Colin Oswald Rodrigues. 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 Lotus Aaradhya?
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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