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POONAM RATNA NIKETHAN
RG-KA-24101 · RERA PRM/KA/RERA/1257/334/PR/170125/007395 · Last updated on RERA Karnataka portal: 14 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.
POONAM RATNA NIKETHAN is a Mixed Development project by POONAM BUILDERS in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/170125/007395 on 17 Jan 2025. Possession is promised by 31 Dec 2028. 21 of the 36 units on this registration are recorded sold or booked, and 6 of 15 construction stages are filed complete.
At a glance
Project
- NamePOONAM RATNA NIKETHAN
- TypeMixed Development
- Location
- Mangalore
- Dakshina Kannada
- 575006
- Pincode575006
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/334/PR/170125/007395
- ReraGenie IDRG-KA-24101
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on17 Jan 2025
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings1 building record
- Documents filed78 files
Current status
Figures as on 14 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 |
|---|---|---|---|---|---|---|
| POONAM RATNA NIKETHAN | - | - | - | - | - | 36 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 14 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.
6 of 15 construction stages are filed complete. The stage furthest along is Sub-structure flooring (Parking Floor, at 85%.
Building: 70% 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) | 100% |
| RCC or MS Framed structure | 100% |
| Masonry Construction | 100% |
| Plastering inside , outside & Ceiling | 85% |
| Joinery: Doors, Windows, Ventilators etc | 50% |
| Basic work of Water supply, Sanitary and Electrification | 70% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 50% |
| Railing and Grill fixing | 50% |
| Electrification, Water supply and Sanitary Finishing | 20% |
| Painting | 10% |
| 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 | 25% |
| Internal and External work including landscapes as per sanctioned drawings | Not applicable |
Progress on shared amenities40
As on 14 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 | 70% |
| Sewage and Drainage System | Yes | 70% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 50% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | Yes | 50% |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | 50% |
| Storm water drains | Yes | 50% |
| 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 | 50% |
| 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 | 50% |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 75% |
| Lifts | Yes | 75% |
| Corridor/Lobbies | Yes | 75% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | 75% |
| Basement | Yes | 75% |
| Terrace | Yes | 75% |
| Outer Wall | Yes | 75% |
| Open parking areas | Yes | 75% |
| Provision for lodging of management staff and security staff | Yes | 75% |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | 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 |
|---|---|---|
| POONAM 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 9.12 cr | Rs 22.81 cr |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | POOJA SHENOY |
| Engineer | K. DAMODAR SHENOY |
| Chartered Accountant | Shravan Kumar |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed78
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/1257/334/PR/170125/007395 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: CA CERTIFICATE.pdf | 14 Oct 2026 |
| Q2 2026-27 Form-5 Certificate issued by ArchitectFile: FORM -5.pdf | 14 Oct 2026 |
| Q2 2026-27 Form-6 Certificate issued by Structural EngineerFile: FORM -6.pdf | 14 Oct 2026 |
| Q2 2026-27 Labour and Education Department | 14 Oct 2026 |
| Q1 2026-27 Form-4 Certificate issued by Chartered AccountantFile: CA CERTIFICATE.pdf | 14 Jul 2026 |
| Q1 2026-27 Form-5 Certificate issued by ArchitectFile: ARCHITECT CERTIFICATE.pdf | 14 Jul 2026 |
| Q1 2026-27 Form-6 Certificate issued by Structural EngineerFile: ENGINEER'S CERTIFICATE.pdf | 14 Jul 2026 |
| Q1 2026-27 Water supply and sewage board | 14 Jul 2026 |
| Q1 2026-27 KPTCL- BESCOM | 14 Jul 2026 |
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form4_Q4_25_26_Ratnanikethan.pdf | 11 Apr 2026 |
| Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Form5_Q4_25_26_Ratnanikethan.pdf | 11 Apr 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form6_Q4_25_26_Ratnanikethan.pdf | 11 Apr 2026 |
| Q4 2025-26 Water supply and sewage board | 11 Apr 2026 |
| Q4 2025-26 KPTCL- BESCOM | 11 Apr 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form4_Q3_25_26.pdf | 10 Jan 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Form5_Q3_25_26.pdf | 10 Jan 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Form6_Q3_25_26.pdf | 10 Jan 2026 |
| self-attested copy of the Engineer licenseFile: Self attested engineer LBD.pdf | 15 Jan 2025 |
| mescom nocFile: mescom noc.pdf | 15 Jan 2025 |
| WATER NOCFile: water noc.pdf | 15 Jan 2025 |
| CLARIFICATIONFile: clarification.pdf | 15 Jan 2025 |
| RTC, survey 249/1 | - |
| Mutation, survey 249/1 | - |
| Encumbrance Certificate, survey 249/1 | - |
| Conversion/Alienation Order, survey 249/1 | - |
| Sale/Title/Gift Deed, survey 249/1 | - |
| Khatha, survey 249/1 | - |
| Registration CertificateFile: firm egistration certificate.pdf | - |
| GST CertificateFile: GST.pdf | - |
| Partnership DeedFile: deed of partnership.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form1_PR.pdf | - |
| Certificate issued by Architect Form 2File: Form2_PR.pdf | - |
| Certificate issued by Engineer Form 3File: Form3_PR.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: litigation affidavit.pdf | - |
| Balance Sheet 2023 - 2024File: BS AY 2024-25.pdf | - |
| Balance Sheet 2022 - 2023File: BS AY 2023-24.pdf | - |
| Balance Sheet 2021 - 2022File: BS AY 2022-23.pdf | - |
| Audited Profit and Loss Statement 2023 - 2024File: PL AY 2024-25.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: PL AY 2023-24.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: PL AY 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2023 - 2024File: ITR AY 2024-25.pdf | - |
| Income Tax Return Acknowledgement 2022 - 2023File: ITR AY 2023-24.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ITR AY 2022-23.pdf | - |
| Commencement Certificate | - |
| approved plan_compressed | - |
| singale layout | - |
| stability certificate | - |
| Specifications | - |
| Brochure | - |
| proforma AOS | - |
| Proforma allottment letter | - |
| form b | - |
| affidavit 3(1) | - |
| search report | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| UGD NOC | - |
| CDP plan | - |
| village map-site highlighted | - |
| boloor village map | - |
| FAR copy | - |
| estimation cost by engineer | - |
| Land Cost Calculation | - |
| Carpet Area Calculation | - |
Promoter's earlier projects1
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 |
|---|---|---|---|---|
| POONAM CHANDRA NIKETHAN | PLAN SHOWING THE CONTRUCTION OF A COMMERCIAL CUM RESIDENTIAL APARTMENT BUILDING IN , S.N.29/2C(P) AT DEREBAIL VILLAGE MANGALORE | Ongoing | Dec 2026 | Not due yet |
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Builder: POONAM BUILDERS
POONAM BUILDERS has 11 registrations on RERA Karnataka, including POONAM SURYANIKETHAN and POONAM SINDOORNIKETHAN. Its filings declare 10 earlier projects, 7 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 POONAM RATNA NIKETHAN is delayed beyond 31 Dec 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 POONAM RATNA NIKETHAN?
The registered promoter entity is POONAM BUILDERS, a partnership firm as per the filing. Its GSTIN 29AANFP2436Q1ZF 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 POONAM RATNA NIKETHAN?
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 POONAM RATNA NIKETHAN?
The professionals named in the filing: Architect: POOJA SHENOY; Engineer: K. DAMODAR SHENOY; Chartered Accountant: Shravan Kumar. 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 POONAM RATNA NIKETHAN?
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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