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MONARCH BY HEDA LUXURY
RG-KA-32138 · RERA PRM/KA/RERA/1249/447/PR/170625/007834 · Last updated on RERA Karnataka portal: 15 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
Saved.
MONARCH BY HEDA LUXURY is a Residential/Group Housing project by SHRI SHYAM BUILDERS in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/170625/007834 on 17 Jun 2025. Possession is promised by 25 Apr 2028. 3 of the 8 units on this registration are recorded sold or booked, and 4 of 13 construction stages are filed complete.
At a glance
Project
- NameMONARCH BY HEDA LUXURY
- TypeResidential/Group Housing
- Location
- Belagavi
- PincodeNot stated
- RERA no.PRM/KA/RERA/1249/447/PR/170625/007834
- ReraGenie IDRG-KA-32138
Builder
- NameSHRI SHYAM BUILDERS
- Entity typePartnership Firm
- GSTIN29AEXFS4724A1Z0
- Authorized SignatoryANAND HEDA
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on17 Jun 2025
- Promised completion25 Apr 2028
- Revised completionNone
- Buildings1 building record
- Documents filed82 files
Current status
Figures as on 15 Oct 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| MONARCH BY HEDA LUXURY | - | - | - | 8 | 0 | 8 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 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.
4 of 13 construction stages are filed complete. The stage furthest along is Sub-structure flooring (Parking Floor, at 85%.
Building: 63% 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) | 85% |
| Retaining wall (All types) | Not applicable |
| RCC or MS Framed structure | 100% |
| Masonry Construction | 85% |
| Plastering inside , outside & Ceiling | 50% |
| Joinery: Doors, Windows, Ventilators etc | 50% |
| Basic work of Water supply, Sanitary and Electrification | 50% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 50% |
| Railing and Grill fixing | 50% |
| Electrification, Water supply and Sanitary Finishing | 0% |
| Painting | 0% |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per sanctioned drawings | Not applicable |
Progress on shared amenities40
As on 15 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 35% |
| Sewage and Drainage System | Yes | 0% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 0% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| 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 | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | 0% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| 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 | No | Not applicable |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 80% |
| Lifts | Yes | 0% |
| Corridor/Lobbies | Yes | 80% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | Yes | 0% |
| Outer Wall | No | Not applicable |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership2
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 |
|---|---|---|
| SHRI SHYAM BUILDERS | - | - |
| SHRI SHYAM BUILDERS | - | - |
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 2.17 cr | Rs 25.65 lakh |
| On-site expenditure-Site Overhead | - | Rs 87,824 |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | JALIHAL ASSOCIATES |
| Engineer | SAGAR HUDDAR |
| Chartered Accountant | SURESH E SARODE & ASSOCIATES |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed82
As listed on the registration, under the names the promoter filed them with; the newest 80 of 82 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/447/PR/170625/007834 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q2 2026-27 Form-4 Certificate issued by Chartered AccountantFile: FORM 4 MONARCH BY HEDA LUXURY Q2 FY 26-27.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-5 Certificate issued by ArchitectFile: Form 5 Arch.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: form 6.pdf | 15 Oct 2026 |
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form 4 - 1st Quarter.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-5 Certificate issued by ArchitectFile: Form 5.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: Heda-1.pdf | 15 Jul 2026 |
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: MONARCH RERA FORM 4 31-03-2026.pdf | 14 Apr 2026 |
| Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Form 5.pdf | 14 Apr 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form 6.pdf | 14 Apr 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: QU 3 FORM 4 25-26.pdf | 13 Feb 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: form 5 QU 3 2025-26.pdf | 13 Feb 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form -6, Engineer (QU).pdf | 13 Feb 2026 |
| SOURCE OF FUND WITH SUPPORTING DOCUMENTSFile: source of fund with supporting documents.pdf | 16 May 2025 |
| BALANCE SHEET AND P N L 2022-23 WITH CA UDINFile: P n L and Balance sheet with CA UDIN 2022-23.pdf | 16 May 2025 |
| Latest Khata extract issued by CTS and City Corporation of BelagaviFile: Khata issued by City Coproration and CTS survey office.pdf | 16 May 2025 |
| Details of khata extract and concern documentsFile: details of khata with documents of khata.pdf | 16 May 2025 |
| BALANCE SHEET P n L AND ITR 2022-23File: Balance sheet and Pn L 2022-23.pdf | 13 Apr 2025 |
| SOURCE OF FUND WITH SUPPORTING DOCUMENTSFile: Source of fund with supporting documents.pdf | 13 Apr 2025 |
| UNDERTAKING FOR WATER SUPPLY TO THE ALLOTEEFile: Undertaking for water supply.pdf | 13 Apr 2025 |
| ABOUT WATER N HESCOM NOCFile: about water n electricity NOC.pdf | 13 Apr 2025 |
| FORM 6 AT THE TIME OF REGISTRATIONFile: Form 6 at the time of registration.pdf | 13 Apr 2025 |
| Latest KhataFile: Latest Khata.jpg | 13 Apr 2025 |
| balance sheet, P n L with CA UDIN and IT ack with self attested schedule 2023-24File: Balance sheet and P n L 2023-24 with CA UDIN and IT ack with self attested schedule.PDF | 13 Mar 2025 |
| about balance sheet and P n L with CA UDIN 2022-23File: about Balance sheet and Pn L 2022-23.pdf | 13 Mar 2025 |
| Bank Letter for account details as per directionFile: Bank Letter.pdf | 13 Mar 2025 |
| source of fund with supporting documentsFile: source of fund with supporting documents.pdf | 13 Mar 2025 |
| current RTCFile: ROR.pdf | 13 Mar 2025 |
| connected MR showing flow of titles in favor of landowner before conversionFile: MR.pdf | 13 Mar 2025 |
| latest khata tax paid receiptFile: latest khata paid receipt.pdf | 13 Mar 2025 |
| Approved Original Single Plot layout plan or Existing approved layout plan and order copyFile: Amalgamation Order and Plan.pdf | 13 Mar 2025 |
| approved single plot layout plan orderFile: Amalgamation Order and Plan.pdf | 13 Mar 2025 |
| ADLR Certified survey sketch Certifying the Boundary of the Proposed landFile: demarcation of project land in ADLR sketch under Layout approved by BUDA.jpg | 13 Mar 2025 |
| about commencement certificateFile: about commencment cetificate.pdf | 13 Mar 2025 |
| demarcation of proposed land in approved master planFile: demarcation of project land in ADLR sketch under Layout approved by BUDA.jpg | 13 Mar 2025 |
| Demarcation of proposed land in original Village map certifiedFile: demarcation of project land in ADLR sketch under Layout approved by BUDA.jpg | 13 Mar 2025 |
| NOC under section 14 of the KTCP ActFile: Amalgamation Order and Plan.pdf | 13 Mar 2025 |
| latest self-attested copy of the engineer license certificate issued by the local development authorFile: SELF ATTESTED LICENSE OF ENG.pdf | 13 Mar 2025 |
| the brief estimated cost of construction certified by the registered Civil Engineer.File: ESTIMATION FOR PERMISSION-HEDA-NANAWADI (1).pdf | 13 Mar 2025 |
| about the Construction Cost Details from Sl. No. 2 to 13 properly on the project detail page.File: about cost of construction in sr 2 to 13.pdf | 13 Mar 2025 |
| Project specification with project name and addressFile: heda specification.pdf | 13 Mar 2025 |
| undertaking for water supplyFile: Undertaking for water supply.pdf | 13 Mar 2025 |
| stability certificateFile: STABILITY CERTIFICATE_122045.pdf | 13 Mar 2025 |
| sewer line drawing certified by engineerFile: sewer line drawing certified by Engineer.pdf | 13 Mar 2025 |
| self attested Engineer license copy of local authorityFile: SELF ATTESTED LICENSE OF ENG.pdf | 13 Mar 2025 |
| Land cost calculationsFile: Land cost calculations.pdf | 13 Mar 2025 |
| about water and electricity NOCFile: about water n electricity NOC.pdf | 13 Mar 2025 |
| Registration CertificateFile: Firm Registration Certificate.pdf | - |
| GST CertificateFile: GST Registration Certificate.pdf | - |
| Partnership DeedFile: Partnership Deed.PDF | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: CA CertificateFORM 1.pdf | - |
| Certificate issued by Architect Form 2File: FORM 2.pdf | - |
| Certificate issued by Engineer Form 3File: FORM 3.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: no litigation affidavit Heda.pdf | - |
| Building Permission Order | - |
| Building Permission Plan | - |
| Building Permission Plan | - |
| STABILITY CERTIFICATE_122045 | - |
| Format of Agreement of sale | - |
| Allotment Letter | - |
| Form B Heda | - |
| sec 3 affidavit Heda | - |
| Unnamed document | - |
| Legal Opinion nanwadi Plot | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
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Builder: SHRI SHYAM BUILDERS
SHRI SHYAM BUILDERS has 1 registration on RERA Karnataka, including MONARCH BY HEDA LUXURY. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Belagavi district page.
Frequently asked questions
What are my rights if MONARCH BY HEDA LUXURY is delayed beyond 25 Apr 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 MONARCH BY HEDA LUXURY?
The registered promoter entity is SHRI SHYAM BUILDERS, a partnership firm as per the filing. Its GSTIN 29AEXFS4724A1Z0 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 MONARCH BY HEDA LUXURY?
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 MONARCH BY HEDA LUXURY?
The professionals named in the filing: Architect: JALIHAL ASSOCIATES; Engineer: SAGAR HUDDAR; Chartered Accountant: SURESH E SARODE & ASSOCIATES. 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 MONARCH BY HEDA LUXURY?
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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