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PANCHAVATI
By JAYA K SHETTY PROPRIETOR OF LAKSHMISHYAM PROJECTS
RG-KA-52504 · RERA PRM/KA/RERA/1273/318/PR/210928/004322 · Last updated on RERA Karnataka portal: 13 Sep 2021
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
PANCHAVATI is a Residential/Group Housing project by JAYA K SHETTY PROPRIETOR OF LAKSHMISHYAM PROJECTS in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/210928/004322 on 28 Sep 2021. Possession is promised by 31 Dec 2023. 0 of the 7 units on this registration are recorded sold or booked, and 0 of 14 construction stages are filed complete.
At a glance
Project
- NamePANCHAVATI
- TypeResidential/Group Housing
- Location
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/318/PR/210928/004322
- ReraGenie IDRG-KA-52504
Builder
- NameJAYA K SHETTY PROPRIETOR OF LAKSHMISHYAM PROJECTS
- Entity typeProprietorship Firm
- Authorized SignatoryJAYA K SHETTY
- OthersJAYA K SHETTY
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on28 Sep 2021
- Promised completion31 Dec 2023
- Revised completionNone
- Buildings1 building record
- Documents filed65 files
Current status
Figures as on 13 Sep 2021, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PANCHAVATI | - | - | - | 7 | 0 | 7 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 13 Sep 2021, 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.
0 of 14 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.
Building: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Not applicable |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities41
As on 13 Sep 2021, 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 | - |
| Internal Roads & Footpaths | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | No | Not applicable |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| 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 | - |
| Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| 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 | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
Land and ownership1
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 |
|---|---|---|
| JAYA K SHETTY | - | - |
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Yogish Chandra Dhara |
| Engineer | M.GOPAL BHAT |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed65
As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1273/318/PR/210928/004322 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| P&L account and balance sheetFile: P&L account and balance sheet.pdf | 13 Sep 2021 |
| P&L account and Balance sheet for last years with CA UDINFile: p&l and balance sheet.pdf | 3 Sep 2021 |
| single plot residential layout planFile: single layout final.pdf | 3 Sep 2021 |
| Power supply noc and temporary connectionFile: mescom noc AND temporvery conection.pdf | 3 Sep 2021 |
| clarification from promoterFile: clarification by promoter.pdf | 3 Sep 2021 |
| mescom nocFile: MESCOM NOC.pdf | 3 Sep 2021 |
| CertificateFile: GST CERTIFICATE.pdf | - |
| BUILDING LICENCE_compressed | - |
| SANCTION_compressed | - |
| single layout final_compressed | - |
| Draft - Rera Sale Deed - Villa | - |
| PROFORMA SALE-CONSTRUCTION AGREEMENT | - |
| SALEDEED_compressed | - |
| SANCTION_compressed | - |
| SANCTION_compressed | - |
| PROFORMA SALE-CONSTRUCTION AGREEMENT | - |
| broucher jaya k shetty | - |
| SPECFICATION | - |
| EC 1985 TO 2021_compressed | - |
| Section 3(1) Notarized Affidavit | - |
| 9&11 CLARIFICATION WITH OLD OWNER KATHA | - |
| deed of gift( mother deed) | - |
| road gift deed | - |
| CONVERSION ORDER_compressed | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| MESCOM NOC | - |
| water supply noc thenk grama panchayath | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| CONVERSION ORDER | - |
| SANCTION | - |
| SANCTION | - |
| CONVERSION ORDER_compressed | - |
| single layout final | - |
| Balance Sheet 2019 - 2020File: CA CERTIFICATE.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: STATEMENT OF INCOME.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: STATEMNET OF INCOME 19-20.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: STATEMENT OF INCOME 18-19.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 20-21.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR 19-20.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR 18-19.pdf | - |
| FORM-B_compressed | - |
| Prospectus/BrochureFile: BROUCHER_compressed.pdf | - |
| Tower Excel SheetFile: PRMKARERA1273318PR210928004322.xlsx | - |
| Occupancy CertificateFile: occupnacy certificate.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: Form-5, Architect Completion.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: form 4cc.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: completion affidavit.pdf | - |
| ENGINEER CERTIFICATEFile: Form -6, Engineer completion.pdf | - |
| COMPLETIONFile: completion certificate.pdf | - |
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Builder: JAYA K SHETTY PROPRIETOR OF LAKSHMISHYAM PROJECTS
JAYA K SHETTY PROPRIETOR OF LAKSHMISHYAM PROJECTS has 1 registration on RERA Karnataka, including PANCHAVATI. 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 PANCHAVATI is delayed beyond 31 Dec 2023?
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 PANCHAVATI?
The registered promoter entity is JAYA K SHETTY PROPRIETOR OF LAKSHMISHYAM PROJECTS, a proprietorship firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 PANCHAVATI?
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 PANCHAVATI?
The professionals named in the filing: Architect: Yogish Chandra Dhara; Engineer: M.GOPAL BHAT. 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 PANCHAVATI?
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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