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NAIK TOWER
RG-KA-17055 · RERA PRM/KA/RERA/1249/447/PR/200526/008666 · 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.
NAIK TOWER is a Commercial project by SHIVALAYA CONSTRUCTIONS in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/200526/008666 on 20 May 2026. Possession is promised by 30 Sep 2028. 0 of the 57 units on this registration are recorded sold or booked, and 4 of 15 construction stages are filed complete.
At a glance
Project
- NameNAIK TOWER
- TypeCommercial
- Location
- Belagavi
- PincodeNot stated
- RERA no.PRM/KA/RERA/1249/447/PR/200526/008666
- ReraGenie IDRG-KA-17055
Builder
- NameSHIVALAYA CONSTRUCTIONS
- Entity typePartnership Firm
- GSTIN29ADPFS5239R1ZV
- Authorized SignatoryMr. BALASAHEB APPU NAIK
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on20 May 2026
- Promised completion30 Sep 2028
- Revised completionNone
- Buildings1 building record
- Documents filed123 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 |
|---|---|---|---|---|---|---|
| NAIK TOWER | - | - | - | 0 | 57 | 57 |
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 15 construction stages are filed complete. The stage furthest along is RCC or MS Framed structure, at 90%.
Building: 59% 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) | 60% |
| RCC or MS Framed structure | 90% |
| Masonry Construction | 80% |
| Plastering inside , outside & Ceiling | 70% |
| Joinery: Doors, Windows, Ventilators etc | 30% |
| Basic work of Water supply, Sanitary and Electrification | 30% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 50% |
| Railing and Grill fixing | 0% |
| Electrification, Water supply and Sanitary Finishing | 50% |
| 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 | 20% |
| 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 | 60% |
| Sewage and Drainage System | Yes | 60% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 60% |
| 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 | Yes | 30% |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | 60% |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | 30% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 0% |
| 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 | 0% |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | 30% |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 75% |
| Lifts | Yes | 60% |
| Corridor/Lobbies | Yes | 60% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | Yes | 85% |
| Terrace | No | Not applicable |
| Outer Wall | Yes | 85% |
| 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 ownership4
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 |
|---|---|---|
| SHIVALAYA CONSTRUCTIONS | - | - |
| Mrs. SHYMALA BALASAHEB NAIK | - | - |
| Mr. SANKET BALASAHEB NAIK | - | - |
| BALASAHEB APPASAHEB NAIK | - | - |
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 11.00 cr | Rs 79.68 lakh |
| On-site expenditure-Consultants Fees | Rs 1.18 lakh | Rs 3.51 lakh |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Ar. DYANESHWAR AMRUT SAYANEKAR |
| Engineer | Er. KOUSTUBH J JADHAV |
| Chartered Accountant | CA JAYANT D KALPAVRIKSHA |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed123
As listed on the registration, under the names the promoter filed them with; the newest 80 of 123 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/447/PR/200526/008666 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 CA Sep-2026.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-5 Certificate issued by ArchitectFile: F5 Architect (Q2) Sep-2026.pdf | 15 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: F6 Engineer (Q2) Sep-2026.pdf | 15 Oct 2026 |
| Q2 2026-27 Water supply and sewage board | 15 Oct 2026 |
| Q2 2026-27 KSPCB- PCB (10 Acres to 125 Acres) | 15 Oct 2026 |
| Q2 2026-27 KPTCL- BESCOM | 15 Oct 2026 |
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: Form-4 CA Jun-2026.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-5 Certificate issued by ArchitectFile: F5 Architect (Q1) Jun-2026.pdf | 15 Jul 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: F6 Engineer (Q1) Jun-2026.pdf | 15 Jul 2026 |
| Q1 2026-27 Water supply and sewage board | 15 Jul 2026 |
| Q1 2026-27 KSPCB- PCB (10 Acres to 125 Acres) | 15 Jul 2026 |
| Q1 2026-27 KPTCL- BESCOM | 15 Jul 2026 |
| Balance sheet and P N L 2024-25 with CA UDIN with scheduleFile: INCOME TAX 1.pdf | 3 Dec 2025 |
| lates Individual Partners IT ack, schedule, balance sheet and P N LFile: SCAN_20251111_092545066-8-23.pdf | 3 Dec 2025 |
| notice replyFile: Notice Reply.pdf | 3 Dec 2025 |
| profit and loss account and balance sheet for 2021-22, 2022-23 & 2023-24 with schedules and CA UDINFile: ITR 2022-23 FY.pdf | 8 Sep 2025 |
| profit and loss account and balance sheet for 2021-22, 2022-23 & 2023-24 with schedules and CA UDINFile: B Sheet.pdf | 8 Sep 2025 |
| profit and loss account and balance sheet for 2021-22, 2022-23 & 2023-24 with schedules and CA UDINFile: Computation Income.pdf | 8 Sep 2025 |
| profit and loss account and balance sheet for 2021-22, 2022-23 & 2023-24 with schedules and CA UDINFile: ITR 2024-25.pdf | 8 Sep 2025 |
| profit and loss account and balance sheet for 2021-22, 2022-23 & 2023-24 with schedules and CA UDINFile: P&L.pdf | 8 Sep 2025 |
| profit and loss account and balance sheet for 2021-22, 2022-23 & 2023-24 with schedules and CA UDINFile: Declaration of Financial Statement.pdf | 8 Sep 2025 |
| legal search reportFile: Advocate Search Report.pdf | 8 Sep 2025 |
| rectify correct land owners in land details section.File: Undertaking Cum Rectification of Notice.pdf | 8 Sep 2025 |
| ADLR Certified survey sketch Certifying the Boundary of the Proposed land-Original survey sketchFile: ADLR Survey Sketch.pdf | 8 Sep 2025 |
| Area/ No of units of KSPCB noc is not matching with sanction planFile: Declaration of KSPCB NOC Units Naik Tower.pdf | 8 Sep 2025 |
| Demarcation of proposed land in original Village map certified by the concern authorityFile: Majgaon Village Map.pdf | 8 Sep 2025 |
| Approved layout planFile: Approved Layout Plan.pdf | 8 Sep 2025 |
| UNDERTAKING LETTER OF QUERY REPLYFile: Undertaking Cum Rectification of Notice.pdf | 8 Sep 2025 |
| balance sheet for 2021-22File: B Sheet.pdf | 24 Jul 2025 |
| profit and loss account for 2021-22File: P&L.pdf | 24 Jul 2025 |
| Computation Income for 2021-22,File: Computation Income.pdf | 24 Jul 2025 |
| balance sheet for 2023-24File: B Sheet.pdf | 24 Jul 2025 |
| profit and loss account for 2023-24File: P&L.pdf | 24 Jul 2025 |
| Computation Income for 2023-24File: Computation Income.pdf | 24 Jul 2025 |
| profit and loss account and balance sheet for 2023-24File: ITR 2023-24.pdf | 24 Jul 2025 |
| final release orderFile: Release Order.pdf | 24 Jul 2025 |
| Title deed of remaining landowners other then M/s Shivalaya constructionsFile: Title Deed.pdf | 24 Jul 2025 |
| Title deed of remaining landowners other then M/s Shivalaya constructionsFile: Sale Deed.pdf | 24 Jul 2025 |
| Title deed of remaining landowners other then M/s Shivalaya constructionsFile: CTS Uthara.pdf | 24 Jul 2025 |
| ADLR Certified survey sketch Certifying the Boundary of the Proposed land-Original survey sketchFile: ADLR Survey Sketch.pdf | 24 Jul 2025 |
| Area/ No of units of KSPCB noc is not matching with sanction planFile: Declaration of KSPCB NOC Units Naik Tower.pdf | 24 Jul 2025 |
| Demarcation of proposed land in original Village map certified by the concern authorityFile: Majgaon Village Map.pdf | 24 Jul 2025 |
| Approved layout planFile: Layout Plan.pdf | 24 Jul 2025 |
| Upload proprietorship registration certificateFile: Firm Registration.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2022-23 with schedules and CA UDINFile: ITR 2022-23.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2022-23 with schedules and CA UDINFile: B Sheet.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2022-23 with schedules and CA UDINFile: Computation Income.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2022-23 with schedules and CA UDINFile: P&L.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2023-24 with schedules and CA UDINFile: ITR 2023-24.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2023-24 with schedules and CA UDINFile: B Sheet.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2023-24 with schedules and CA UDINFile: Computation Income.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2023-24 with schedules and CA UDINFile: P&L.pdf | 20 May 2025 |
| profit and loss account and balance sheet for 2023-24 with schedules and CA UDINFile: ITR 2024-25.pdf | 20 May 2025 |
| defect free EC from 1-4-2010 to till dateFile: ECC-15042025-393499.pdf | 20 May 2025 |
| Title deed of remaining landowners other then M/s Shivalaya constructionsFile: Title Deed.pdf | 20 May 2025 |
| ADLR Certified survey sketch Certifying the Boundary of the Proposed land-Original survey sketchFile: Village Map ADLR.pdf | 20 May 2025 |
| Architects certificate with valid COA numberFile: Architect's Licence Copy_compressed.pdf | 20 May 2025 |
| Area/ No of units of KSPCB noc is not matching with sanction planFile: Declaration of KSPCB NOC Units Naik Tower.pdf | 20 May 2025 |
| Demarcation of proposed land in original Village map certified by the concern authorityFile: Anagol Village Map.pdf | 20 May 2025 |
| Approval/NOC under section 14 of the KTCP ActFile: NA Order Copy.pdf | 20 May 2025 |
| Engineer certificate in the prescribed formatFile: F6 Engineer (Ongoing Project).pdf | 20 May 2025 |
| amenities and common area details properly on the project detail page and upload the calculation sheFile: Certified Amenties & Common Area Details.pdf | 20 May 2025 |
| latest dated self-attested copy of the renewed Engineer license certificateFile: Engineer Licence Copy (1).pdf | 20 May 2025 |
| project name and project address and upload the STP/Septic Tank, Soak pit, and sewer line drawing ceFile: STP Demarcation Plan.pdf | 20 May 2025 |
| Approval/NOC under section 14 of the KTCP ActFile: Release Order.pdf | 20 May 2025 |
| proprietorship registration certificateFile: GST Certificate.pdf | 20 May 2025 |
| Registration CertificateFile: Firm Registration.pdf | - |
| GST CertificateFile: GST Certificate (1).pdf | - |
| Partnership DeedFile: Partnership Deed Copy.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form-1 CA.pdf | - |
| Certificate issued by Architect Form 2File: Form-2 Architect.pdf | - |
| Certificate issued by Engineer Form 3File: Form-3 Engineer.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: Non-Litigation.pdf | - |
| Commencement Certificate | - |
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Builder: SHIVALAYA CONSTRUCTIONS
SHIVALAYA CONSTRUCTIONS has 2 registrations on RERA Karnataka, including LAXMI PARK and NAIK TOWER. 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 NAIK TOWER is delayed beyond 30 Sep 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 NAIK TOWER?
The registered promoter entity is SHIVALAYA CONSTRUCTIONS, a partnership firm as per the filing. Its GSTIN 29ADPFS5239R1ZV 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 NAIK TOWER?
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 NAIK TOWER?
The professionals named in the filing: Architect: Ar. DYANESHWAR AMRUT SAYANEKAR; Engineer: Er. KOUSTUBH J JADHAV; Chartered Accountant: CA JAYANT D KALPAVRIKSHA. 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 NAIK TOWER?
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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