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Registration approved No litigation declared Mixed Development project

LOTUS PEARL

By PRANAVA BUILDERS AND DEVELOPERS

RG-KA-68292 · RERA PRM/KA/RERA/1257/334/PR/101125/008233 · Last updated on RERA Karnataka portal: 14 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
Aug 2028Possession promisedno revision filed
5 of 18Construction stages donefurthest along: RCC or MS Framed structure, 80%
45 of 86Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 85 documents Report an error

LOTUS PEARL is a Mixed Development project by PRANAVA BUILDERS AND DEVELOPERS in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/101125/008233 on 10 Nov 2025. Possession is promised by 31 Aug 2028. 41 of the 86 units on this registration are recorded sold or booked, and 5 of 18 construction stages are filed complete.

At a glance

Project

  • NameLOTUS PEARL
  • 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/101125/008233
  • ReraGenie IDRG-KA-68292

Builder

  • NamePRANAVA BUILDERS AND DEVELOPERS
  • Entity typeProprietorship
  • GSTIN29BLVPS8668H1ZS
  • Authorized SignatorySampath Kumar Shetty Talapady
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredNov 2025PromisedAug 2028

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on10 Nov 2025
  • Promised completion31 Aug 2028
  • Revised completionNone
  • Buildings1 building record
  • Documents filed85 files

Current status

48%41 of 86 units booked
5.3%Of the estimated cost spent so far

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

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
LOTUS PEARL-----86

The full filing

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

Construction progress by building1

As on 14 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.

5 of 18 construction stages are filed complete. The stage furthest along is RCC or MS Framed structure, at 80%.

Building: 34% 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)100%
RCC or MS Framed structure80%
Masonry Construction25%
Plastering inside , outside & Ceiling0%
Joinery: Doors, Windows, Ventilators etc0%
Basic work of Water supply, Sanitary and Electrification0%
Dadoing, Skirting, Flooring, Tiles work (All types)0%
Railing and Grill fixing0%
Electrification, Water supply and Sanitary Finishing0%
Painting0%
Fire prevention and fire fighting fitting and fixture with network0%
Weather Proof work(tile,concrete)0%
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work0%
Internal and External work including landscapes as per sanctioned drawings0%

Progress on shared amenities40

As on 14 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%
Sewage and Drainage SystemYes0%
Water conservation/rain water harvesting/recharge of ground waterYes0%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes0%
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes0%
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)NoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes0%
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes0%
Club HouseNoNot applicable
Community HallYes0%
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityYes0%
Swimming PoolNoNot applicable
GymYes0%
ParksNoNot applicable
Power BackupYes0%
Piped GasNoNot applicable
Water and SanitationYes0%
Air ConditioningNoNot applicable
StaircasesYes50%
LiftsYes0%
Corridor/LobbiesYes0%
Fire escapesYes0%
Common entrance and exit for the building/common portico/foyer/verandahYes0%
BasementYes60%
TerraceYes0%
Outer WallNoNot applicable
Open parking areasYes0%
Provision for lodging of management staff and security staffYes0%
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot 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.

Land area1,510 sq m
Named landowners5
LandownerVillageDistrict
PRANAVA BUILDERS & DEVELOPERS--
ULLAL NANDAN MALLYA--
ANIRUDH VENUGOPAL SHET--
VIJAYALAXMI ARAVIND SHENOY--
RAJINI JENNIFER PINTO--

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 24.60 cr
Cost incurredRs 1.31 cr
Spent of the estimate5.32%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 22.50 crRs 1.03 cr
Payment of taxesRs 1.50 crRs 20.77 lakh
On-site expenditure-Consultants FeesRs 20.00 lakhRs 4.00 lakh
On-site expenditure-Site OverheadRs 20.00 lakhRs 2.50 lakh
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 20.00 lakhRs 1.05 lakh

Certifying professionals and partners3

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

RoleName
ArchitectPRIAYANKA GANESH SUVARNA
EngineerDHANRAJ
Chartered AccountantRAKSHITHA VINAY SHETTY

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed85

As listed on the registration, under the names the promoter filed them with; the newest 80 of 85 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/101125/008233 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 - CA - Lotus Pearl.pdf14 Oct 2026
Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Form-5, Architect Q2 (2025-2026) - Lotus Pearl.pdf14 Oct 2026
Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form-6, EngineerQ2 (2025-2026) - Lotus Pearl.pdf14 Oct 2026
Q2 2026-27 Fire and Safety14 Oct 2026
Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: CA - Lotus Pearl.pdf15 Jul 2026
Q1 2026-27 Form-5 Certificate issued by ArchitectFile: Form-5, Architect (Q1 2025-26) - Lotus Pearl.pdf15 Jul 2026
Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Form -6, Engineer (Q1 2025-26) - Lotus Pearl.pdf15 Jul 2026
Q1 2026-27 Fire and Safety15 Jul 2026
Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: CA Certificate - Lotus Pearl (1).pdf26 May 2026
Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Form-5, Architect - (Q4 2025-26)- Lotus Pearl.pdf26 May 2026
Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form -6, Engineer - (Q4 2025-26)-Lotus Pearl.pdf26 May 2026
Q4 2025-26 Fire and Safety26 May 2026
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 - Lotus Pearl - Q3-25-26.pdf20 Feb 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Form-5 Architect (Q3 2025-26) - Lotus Pearl.pdf20 Feb 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form -6Engineer (Q3 2025-26) - Lotus Pearl.pdf20 Feb 2026
Q3 2025-26 Fire and Safety20 Feb 2026
TO CLARIFY THE ARRANGEMENT BETWEEN MR SAMPATHKUMAR SHETTY AND OTHER LAND OWNERS IN THE SALE AGREEMENFile: Sharing Agreement.pdf1 Nov 2025
GPA between promoter and remaining ownersFile: GPA - LOTUS PEARL.pdf15 Oct 2025
structural stability certificateFile: Stability Certificate -Revised - Lotus Pearl.pdf15 Oct 2025
brief estimated cost of constructionFile: REVISED ESTIMATE- ABSTRACT -LOTUS PEARL ANEGUNDI.pdf15 Oct 2025
Profit and loss account and balance sheet for 2021-22 with schedules and CA signed and UDINFile: BS, P&L, SCH-2021-22.pdf27 Sep 2025
Profit and loss account and balance sheet for 2022-23 with schedules and CA signed and UDINFile: BS, P&L, SCH-2022-23.pdf27 Sep 2025
Profit and loss account and balance sheet for 2023-24 with schedules and CA signed and UDINFile: BS, P&L, SCH-2023-24.pdf27 Sep 2025
RTCFile: LOTUS PEARL RTC.pdf27 Sep 2025
MR with flow of Title of OwnerFile: M R with flow of Title of Owner.pdf27 Sep 2025
ConversionFile: Conversion - Lotus Pearl.pdf27 Sep 2025
DA/GPA between promoter and remaining ownersFile: Development Agreement with GPA.pdf27 Sep 2025
EC from 2011 till dateFile: PEARL NEW EC.pdf27 Sep 2025
Approved Original Single Plot layout planFile: Single Site Layout Plan.pdf27 Sep 2025
Approved Original Single Plot layout plan orderFile: Single Site Layout Plan Order.pdf27 Sep 2025
Building License from Local Authority Original CopyFile: Lotus Pearl Building Licence.pdf27 Sep 2025
ADLR Certified survey sketch Certifying the Boundary of the Proposed land-Original survey sketchFile: Property Card - Lotus Pearl.pdf27 Sep 2025
Approved building planFile: Approved Building Plan - Lotus Pearl.pdf27 Sep 2025
original sanctioned drawings, floor plan, sectional drawings and elevationsFile: Approved Original Sanction, Floor Plan,Elevation Plan.pdf27 Sep 2025
commencement certificateFile: Commencement Certificate - Lotus Pearl.pdf27 Sep 2025
Approved Master plan Certified by the competent authorityFile: Approved Master Plan - Lotus Pearl.pdf27 Sep 2025
Village map certified by the competent authorityzFile: Viilage Map Lotus Pearl.pdf27 Sep 2025
STP Not applicable for project attached circular guidelineFile: STP mandatory notification by GoK.pdf27 Sep 2025
amenities and external infrastructure details certified by ArchitectFile: RERA AMENITIES PEARL.pdf27 Sep 2025
structural stability certificateFile: Stability Certificate Lotus Pearl.pdf27 Sep 2025
project specifications duly signed by the ArchitectFile: specifications.pdf27 Sep 2025
Proforma Allotment letterFile: ALLOTMENT LOTUS PEARL.pdf27 Sep 2025
Section 3(1) Notarized affidavitFile: Affidavit - 3(1).pdf27 Sep 2025
MESCOM NOC along with fee paid receiptFile: Mescom NOC with Payment Challan - Lotus Pearl.pdf27 Sep 2025
water supply NOCFile: Water NOC - Lotus Pearl.pdf27 Sep 2025
brief estimated cost of construction certified by the ArchitectFile: ESTIMATE- - ABSTRACT LOTUS PEARL ANEGUNDI.pdf27 Sep 2025
Land cost calculation sheet as per the guidance valueFile: Land Cost Guideline Lotus Pearl.pdf27 Sep 2025
source of water - we have sufficient well water and will apply corporation water for the projectFile: WELL POINT ( PEARL ) - SOURCES OF WATER.pdf27 Sep 2025
RTC, survey 34/1C1 ,34/1C1 P-
Mutation, survey 34/1C1 ,34/1C1 P-
Encumbrance Certificate, survey 34/1C1 ,34/1C1 P-
Conversion/Alienation Order, survey 34/1C1 ,34/1C1 P-
Sale/Title/Gift Deed, survey 34/1C1 ,34/1C1 P-
Khatha, survey 34/1C1 ,34/1C1 P-
Registration CertificateFile: TRDAE LICENSE - PRANAVA BUILDERS.pdf-
GST CertificateFile: GST CERTIFICATE - PRANAVA BUILDERS.pdf-
Certificate issued by CA Form 1File: CA Certificate - Form 1 - Lotus Pearl - New.pdf-
Certificate issued by Architect Form 2File: Form -2, Architect Certificate - Lotus Pearl.pdf-
Certificate issued by Engineer Form 3File: Form -3, Engineer Certificate - Lotus Pearl.pdf-
TDR Purchase Deed / Sale DeedFile: TDR Sale Deed - Lotus Pearl.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Affidavit - No litigation.pdf-
Balance Sheet 2023 - 2024File: Sampath Kumar Shetty - 2023- 2024.pdf-
Balance Sheet 2022 - 2023File: SAMPATH KUMAR SHETTY T - FY -2022- 2023.pdf-
Balance Sheet 2021 - 2022File: SAMPATH KUMAR SHETTY T - FY 2021- 2022.pdf-
Audited Profit and Loss Statement 2023 - 2024File: Sampath Kumar Shetty - 2023- 2024.pdf-
Audited Profit and Loss Statement 2022 - 2023File: SAMPATH KUMAR SHETTY T - FY -2022- 2023.pdf-
Audited Profit and Loss Statement 2021 - 2022File: SAMPATH KUMAR SHETTY T - FY 2021- 2022.pdf-
Income Tax Return Acknowledgement 2023 - 2024File: Sampath Kumar Shetty - 2023- 2024.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: SAMPATH KUMAR SHETTY T - FY -2022- 2023.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: SAMPATH KUMAR SHETTY T - FY 2021- 2022.pdf-
Lotus Pearl Licence-
Plan - Lotus Pearl-
Plan - Lotus Pearl-
Project Specification - Lotus Pearl-
Lotus Pearl Brochure-
AFS - Pranava Builders and Developers-
Allotment Letter_merged-

How this compares with Dakshina Kannada

48%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 kmLOTUS PEARLOther 125Dot size: filed unitsN

Filed coordinates, straight-line distance. 125 registered projects within 2 km.

Builder: PRANAVA BUILDERS AND DEVELOPERS

PRANAVA BUILDERS AND DEVELOPERS has 3 registrations on RERA Karnataka, including LOTUS CHANDAN RESIDENCY and LOTUS GOWRISHANKAR. 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 LOTUS PEARL is delayed beyond 31 Aug 2028?

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 PEARL?

The registered promoter entity is PRANAVA BUILDERS AND DEVELOPERS, a proprietorship as per the filing. Its GSTIN 29BLVPS8668H1ZS 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 PEARL?

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 PEARL?

The professionals named in the filing: Architect: PRIAYANKA GANESH SUVARNA; Engineer: DHANRAJ; Chartered Accountant: RAKSHITHA VINAY SHETTY. 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 PEARL?

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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