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Lotus Triangle
RG-KA-50757 · RERA PRM/KA/RERA/1257/334/PR/251024/007173 · Last updated on RERA Karnataka portal: 19 Feb 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
Saved.
Lotus Triangle is a Commercial project by Lotus Properties in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/251024/007173 on 25 Oct 2024. Possession is promised by 30 Sep 2026. 12 of the 22 units on this registration are recorded sold or booked, and 18 of 18 construction stages are filed complete.
At a glance
Project
- NameLotus Triangle
- TypeCommercial
- Location
- Mangalore
- Dakshina Kannada
- 575003
- Pincode575003
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/334/PR/251024/007173
- ReraGenie IDRG-KA-50757
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on25 Oct 2024
- Promised completion30 Sep 2026
- Revised completionNone
- Buildings1 building record
- Documents filed88 files
Current status
Figures as on 19 Feb 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Lotus Triangle | - | - | - | 0 | 22 | 22 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 19 Feb 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.
18 of 18 construction stages are filed complete.
Building: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 100% |
| Upto Plinth Level | 100% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 100% |
| Retaining wall (All types) | 100% |
| RCC or MS Framed structure | 100% |
| Masonry Construction | 100% |
| Plastering inside , outside & Ceiling | 100% |
| Joinery: Doors, Windows, Ventilators etc | 100% |
| Basic work of Water supply, Sanitary and Electrification | 100% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 100% |
| Railing and Grill fixing | 100% |
| Electrification, Water supply and Sanitary Finishing | 100% |
| Painting | 100% |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | 100% |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | 100% |
| Elevation work | 100% |
| Internal and External work including landscapes as per sanctioned drawings | 100% |
Progress on shared amenities40
As on 19 Feb 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 100% |
| Sewage and Drainage System | Yes | 100% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 100% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Solid waste management and disposal | Yes | 100% |
| Emergency Evacuation services | Yes | 100% |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | 100% |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | 100% |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | 100% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 100% |
| 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 | 100% |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 100% |
| Lifts | Yes | 100% |
| Corridor/Lobbies | Yes | 100% |
| Fire escapes | Yes | 100% |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | 100% |
| Basement | Yes | 100% |
| Terrace | Yes | 100% |
| Outer Wall | No | Not applicable |
| Open parking areas | Yes | 100% |
| Provision for lodging of management staff and security staff | Yes | 100% |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership3
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 |
|---|---|---|
| Lotus Properties / Sampath Kumar Shetty T | - | - |
| Nagesh Murthy | - | - |
| Manohar T | - | - |
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 3.75 cr | Rs 28.20 lakh |
| Payment of taxes | Rs 25.00 lakh | Rs 2.68 lakh |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 15.00 lakh | Rs 75,222 |
| On-site expenditure-Consultants Fees | Rs 10.00 lakh | - |
| On-site expenditure-Site Overhead | Rs 10.00 lakh | Rs 2.36 lakh |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SUPRITH ALVA |
| Engineer | K. ANIL HEGDE |
| Chartered Accountant | CA SRINIVAS UDUPA |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed88
As listed on the registration, under the names the promoter filed them with; the newest 80 of 88 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/251024/007173 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form 4 - Lotus Triangle - Q3-25-26.pdf | 19 Feb 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Traingle Arch.pdf | 19 Feb 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Traingle Eng.pdf | 19 Feb 2026 |
| In Lotus Adelaide Project Attached Collection and Withdrawal details with CA CertificateFile: Lotus Adelaide Collection & Withdrawal Details.pdf | 6 Aug 2024 |
| Bank AffidavitFile: Affidavit Triangle -bank.pdf | 24 May 2024 |
| Sources of Fund ClarrificationFile: Sources of Fund - Lotus Triangle.pdf | 24 May 2024 |
| Borrowing Details & Unsecured Loan ClarrificationFile: Unsecured Loan - Borrowings.pdf | 24 May 2024 |
| Estimation Cost UpdatedFile: Form-1 - CA Certificate.pdf | 24 May 2024 |
| Mentioned 100%, 70% & 30% account number details in CA certificateFile: Form-1 - CA Certificate.pdf | 24 May 2024 |
| Uploaded profit and loss account, balance sheet & ITR, 2021-22 with CA UDIN along with scheduleFile: ITR & Financials FY 2021-22 With UDIN NO.pdf | 24 May 2024 |
| Layout PlanFile: SITE LAYOUT PLAN.PDF | 24 May 2024 |
| Chartered accountant KYC and Membership certificate with self-attestedFile: KYC & CERTIFICATE - CHARTERED ACCOUNTANT.pdf | 24 May 2024 |
| current year RTCFile: RTC.pdf | 24 May 2024 |
| EC with all transactionsFile: ECC- lotus triangle.pdf | 24 May 2024 |
| Project Land Lotus Triangle - Revenue Survey No. 451/3 & Town Survey No.290/3 C1P1File: Conversion - Lotus Triangle .pdf | 24 May 2024 |
| Advocate Search ReportFile: TRIANGLE SEARCH REPORT.pdf | 24 May 2024 |
| FAR ClarrificationFile: FAR Area.pdf | 24 May 2024 |
| Certified carpet area calculationFile: TRIANGLE CARPET AREA.pdf | 24 May 2024 |
| CDP MapFile: CDP plan.pdf | 24 May 2024 |
| Viilage MapFile: Village Map.pdf | 24 May 2024 |
| commencement certificateFile: Commencement Certificate- Lotus Triangle.pdf | 24 May 2024 |
| All sanctioned drawingsFile: ALL SANCTIONED PLAN -LOTUS TRIANGLE.pdf | 24 May 2024 |
| Height of the building ClarrificationFile: Height of the Building Updated.pdf | 24 May 2024 |
| number of units entries in project detail page updatedFile: Units Entry updated.pdf | 24 May 2024 |
| Architects certificate with valid COA numberFile: Architect Certificate.pdf | 24 May 2024 |
| Area calculation sheet certified by the EngineerFile: Area Calculation Sheet.pdf | 24 May 2024 |
| Amenities and Common area detailsFile: Triangle Brief Estimation Cost.pdf | 24 May 2024 |
| Car Parking Details UpdatedFile: Car Parking Lots.pdf | 24 May 2024 |
| structural safety CertificateFile: Stability Certificate .pdf | 24 May 2024 |
| MESCOM NOC along with the copy of the fee receipt paid towards the NOCFile: Mescom NOC with Payment Challan (1).pdf | 24 May 2024 |
| Land cost calculation sheet as per the guidance valueFile: Guidelines Value Land Cost - Lotus Triangle.pdf | 24 May 2024 |
| We have sufficient Well water for Construction later will apply for corporation water attached planFile: WELL WATER POINT DRAWING.pdf | 24 May 2024 |
| Annexure-A and upload the proforma of Allotment letterFile: Allotment Letter with Annexture -A.pdf | 24 May 2024 |
| brief estimated cost of construction certified by the EngineerFile: Triangle Brief Estimation Cost.pdf | 24 May 2024 |
| project specification certified by the EngineerFile: Triangle specidications (1).pdf | 24 May 2024 |
| section 3(1) notarized affidavitFile: Affidavit .pdf | 24 May 2024 |
| RTC, survey 451/3 | - |
| Mutation, survey 451/3 | - |
| Encumbrance Certificate, survey 451/3 | - |
| Conversion/Alienation Order, survey 451/3 | - |
| Sale/Title/Gift Deed, survey 451/3 | - |
| Khatha, survey 451/3 | - |
| Registration CertificateFile: Firm Registration -LP.PDF | - |
| Partnership DeedFile: Partnership Deed - LP.PDF | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: CA CERTIFICATE TRAINGLE.pdf | - |
| Certificate issued by Architect Form 2File: TRIANGLE FORM-ARC- 2.pdf | - |
| Certificate issued by Engineer Form 3File: TRIANGLE FORM-ENG- 3.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: AFFIDAVIT CUM DECLARATION.pdf | - |
| Certificate from Chartered AccountFile: CA CERTIFICATE TRAINGLE.pdf | - |
| Balance Sheet 2021 - 2022File: Financials - FY 2022-23_compressed.pdf | - |
| Balance Sheet 2020 - 2021File: Financials FY 2021-22_compressed.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: Financials - FY 2022-23_compressed.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Financials FY 2021-22_compressed.pdf | - |
| Director's Report 2021 - 2022File: Financials - FY 2022-23_compressed.pdf | - |
| Director's Report 2020 - 2021File: Financials FY 2021-22_compressed.pdf | - |
| Cash Flow Statement 2021 - 2022File: Financials - FY 2022-23_compressed.pdf | - |
| Auditor's Report 2021 - 2022File: Financials - FY 2022-23_compressed.pdf | - |
| Auditor's Report 2020 - 2021File: Financials FY 2021-22_compressed.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ITR 22-23.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR FY 21 22.pdf | - |
| License - Lotus Triangle | - |
| PLAN - 1 | - |
| PLAN - 1 | - |
| PLAN - 1 | - |
| PLAN - 1 | - |
| PLAN - 1 | - |
| Specifications -Lotus Triangle | - |
| PLAN - 1 | - |
| PLAN - 1 | - |
| EC APPLIED COPY-LOTUS TRIANGLE | - |
| Sale Deed - Lotus Triangle | - |
| Single Site -Lotus Triangle | - |
| Conversion - Lotus Triangle | - |
| AFS - LOTUS PROPERTIES | - |
| Allotment Letter | - |
Promoter's earlier projects8
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 Adelaide | Near Sai Baba Mandir Chilimbi Mangalore | Ongoing | Dec 2028 | Not due yet |
| Lotus Aaradhya | ALAKE MANGALORE | Ongoing | Aug 2025 | Not delivered |
| Lotus Rovin | PACHANADY BONDEL MANGALORE | Ongoing | Apr 2025 | Not delivered |
| Lotus Dev | NEAR PRABHU BEKARYMANNAGUDDA MANGALORE | Ongoing | Apr 2025 | Not delivered |
| Lotus Ananya | Near Sai Baba Mandir Chilimbi Mangalore | Ongoing | Apr 2024 | Not delivered |
| Lotus Paraside Elite | KARANGALPADY MANGALORE | Completed | - | No date filed |
| Lotus Galaxy | PUMPWELL MANGALORE | Completed | - | No date filed |
| Lotus Dham | NEAR SANGHANIKETHANMANNGAUDDA MANGALORE | Completed | - | No date filed |
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Builder: Lotus Properties
LOTUS PROPERTIES has 13 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 Triangle is delayed beyond 30 Sep 2026?
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 Triangle?
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 Triangle?
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 Triangle?
The professionals named in the filing: Architect: SUPRITH ALVA; Engineer: K. ANIL HEGDE; Chartered Accountant: CA SRINIVAS UDUPA. 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 Triangle?
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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