ReraGenieLog inGet a buyer report

Home / Browse projects / Udupi, Karnataka / MATHA GURU RESIDENCY

Registration approved No litigation declared Mixed Development project

MATHA GURU RESIDENCY

By MATHA DEVELOPERS PVT LTD

RG-KA-38135 · RERA PRM/KA/RERA/1273/318/PR/150323/005799 · Last updated on RERA Karnataka portal: 31 Mar 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 2025Possession promisedno revision filed
7 of 14Construction stages donefurthest along: Plastering inside, 97%
24 of 78Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 104 documents Report an error

MATHA GURU RESIDENCY is a Mixed Development project by MATHA DEVELOPERS PVT LTD in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/150323/005799 on 15 Mar 2023. Possession is promised by 31 Dec 2025. 54 of the 78 units on this registration are recorded sold or booked, and 7 of 14 construction stages are filed complete.

At a glance

Project

  • NameMATHA GURU RESIDENCY
  • TypeMixed Development
  • Location
    • Udupi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1273/318/PR/150323/005799
  • ReraGenie IDRG-KA-38135

Builder

  • NameMATHA DEVELOPERS PVT LTD
  • Entity typeCompany
  • CINU45205KA2011PTC061006
  • GSTIN29AAHCM6880C1Z7
  • Authorized SignatorySANTHOSH KUMAR SHEETY
  • Managing DirectorSANTHOSH KUMAR SHEETY
  • DirectorREETA SHETTY
  • Project HeadSANTHOSH KUMAR SHETTY
  • Other registrations1 more →
  • Past their filed date1

Key dates

this monthRegisteredMar 2023PromisedDec 2025

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Mar 2023
  • Promised completion31 Dec 2025
  • Revised completionNone
  • Buildings1 building record
  • Documents filed104 files

Current status

69%54 of 78 units booked
95.9%Of the estimated cost spent so far

Figures as on 31 Mar 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MATHA GURU RESIDENCY-----78

The full filing

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

Construction progress by building1

As on 31 Mar 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.

7 of 14 construction stages are filed complete. The stage furthest along is Plastering inside, at 97%.

Building: 97% 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 Construction100%
Plastering inside , outside & Ceiling97%
Joinery: Doors, Windows, Ventilators etc100%
Basic work of Water supply, Sanitary and Electrification90%
Dadoing, Skirting, Flooring, Tiles work (All types)95%
Railing and Grill fixing95%
Electrification, Water supply and Sanitary Finishing92%
Painting95%
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 work96%
Internal and External work including landscapes as per sanctioned drawingsNot applicable

Progress on shared amenities40

As on 31 Mar 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 SupplyYes93%
Sewage and Drainage SystemYes95%
Water conservation/rain water harvesting/recharge of ground waterYes95%
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 drainsYes0%
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes95%
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes95%
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 BackupNoNot applicable
Piped GasNoNot applicable
Water and SanitationNoNot applicable
Air ConditioningNoNot applicable
StaircasesYes100%
LiftsYes60%
Corridor/LobbiesYes98%
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes98%
BasementYes92%
TerraceYes100%
Outer WallYes100%
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership4

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners4
LandownerVillageDistrict
ASHOK PRABHU--
VENKATESH PRABHU--
VENKATESH PRABHU--
ASHOK PRABHU--

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 8.04 cr
Cost incurredRs 7.71 cr
Spent of the estimate95.89%
BuildingWingEstimatedIncurred
-NARs 8.04 crRs 7.71 cr

Certifying professionals and partners3

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

RoleName
ArchitectGANESH ACHARYA
EngineerGANESH ACHARYA
Chartered AccountantKathikeya D Shenoy

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed104

As listed on the registration, under the names the promoter filed them with; the newest 80 of 104 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1273/318/PR/150323/005799 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: 16_Matha GURU Form 4 31_12-2025.pdf31 Mar 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: MGR Arch 31-12-2025.pdf31 Mar 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: 31-12-2025 engg certificate.pdf31 Mar 2026
schedule with profit and loss account and balance sheet, 2019-20File: Financial statement 2019-20 balance sheet with schedule.pdf8 Mar 2023
schedule with profit and loss account and balance sheet, 2020-21File: Financial statement 2020-21 balance sheet with schedule.pdf8 Mar 2023
schedule with profit and loss account and balance sheet, 2021-22File: Financial statement 2021-22 balance sheet with schedule.pdf8 Mar 2023
bank account as per directionFile: RERA bank account.pdf8 Mar 2023
sanction planFile: sanction plan.pdf8 Mar 2023
stability certificateFile: Structural Stability.pdf8 Mar 2023
clarificationFile: Clarification.pdf8 Mar 2023
RTC, survey 59/13-
Mutation, survey 59/13-
Encumbrance Certificate, survey 59/13-
Conversion/Alienation Order, survey 59/13-
Sale/Title/Gift Deed, survey 59/13-
JDA, survey 59/13-
Khatha, survey 59/13-
RTC, survey 59/14B-
Mutation, survey 59/14B-
Encumbrance Certificate, survey 59/14B-
Conversion/Alienation Order, survey 59/14B-
Sale/Title/Gift Deed, survey 59/14B-
JDA, survey 59/14B-
Khatha, survey 59/14B-
Registration CertificateFile: Incorporation Certificate MDPL.pdf-
Organization StructureFile: Incorporation Certificate - MDPL.pdf-
Certificate issued by CA Form 1File: ca cerificate revised.pdf-
Certificate issued by Architect Form 2File: Form2 Architect.pdf-
Certificate issued by Engineer Form 3File: Form3 Engineer.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Affidavit for NonLitigation Details With JDA.pdf-
Certificate from Chartered AccountFile: ca cerificate revised.pdf-
Balance Sheet 2021 - 2022File: Balance Sheet_compressed.pdf-
Balance Sheet 2020 - 2021File: Balance Sheet.pdf-
Balance Sheet 2019 - 2020File: Balance Sheet.pdf-
Audited Profit and Loss Statement 2021 - 2022File: P & L Account_compressed.pdf-
Audited Profit and Loss Statement 2020 - 2021File: P & L.pdf-
Audited Profit and Loss Statement 2019 - 2020File: P & L.pdf-
Director's Report 2021 - 2022File: Form 3CA-3CD_Filed Form_compressed.pdf-
Director's Report 2020 - 2021File: 3CA 3CD_compressed.pdf-
Director's Report 2019 - 2020File: 3CD_compressed.pdf-
Auditor's Report 2021 - 2022File: Auditors Report - 31 03 2022_compressed.pdf-
Auditor's Report 2020 - 2021File: Auditors Report - 31 03 2021_compressed.pdf-
Auditor's Report 2019 - 2020File: AR 31 03 2020_compressed.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: ITR Acknowledgement.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: ITR-Acknowlege.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR Acknowledge.pdf-
Building License-
approved Plan_compressed-
single layout 45 39 cents-
approved Plan_compressed-
approved Plan_compressed-
approved Plan_compressed-
Project Specifications-
Single Layout 59 13-
Single Layout 5914B-
Structural Stabilty Certificate-
search reprot-
title deed-
conversion 45 39 cents_compressed-
conversion 45 39 cents_compressed-
JDA-
proforma AOS-
proforma allotment letter-
Brouchure-
FORM B-
Notarized Affidavit for 31 Voliation-
jda affidavit-
messcom NOC_compressed-
Water Supply NOC-
Unnamed document-
Unnamed document-
Fire NOC_compressed-
Unnamed document-
pollution noc-
Unnamed document-
Unnamed document-
Unnamed document-

How this compares with Udupi

69%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.

Keep MATHA GURU RESIDENCY 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: MATHA DEVELOPERS PVT LTD

MATHA DEVELOPERS PVT LTD has 2 registrations on RERA Karnataka, including MATHA GURU RESIDENCY and MATHA RESIDENCY, PADUBIDRI. 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 MATHA GURU RESIDENCY is delayed beyond 31 Dec 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 MATHA GURU RESIDENCY?

The registered promoter entity is MATHA DEVELOPERS PVT LTD, a company as per the filing. Its CIN U45205KA2011PTC061006 and GSTIN 29AAHCM6880C1Z7 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 MATHA GURU RESIDENCY?

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 MATHA GURU RESIDENCY?

The professionals named in the filing: Architect: GANESH ACHARYA; Engineer: GANESH ACHARYA; Chartered Accountant: Kathikeya D Shenoy. 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 MATHA GURU RESIDENCY?

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 MATHA GURU RESIDENCY. 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 MATHA GURU RESIDENCY 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.