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POONAM SATHYANIKETHAN
RG-KA-07134 · RERA PRM/KA/RERA/1257/334/PR/200123/003230 · Last updated on RERA Karnataka portal: 13 Jan 2020
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 9 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
Saved.
POONAM SATHYANIKETHAN is a Mixed Development project by POONAMBUILDERS in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/200123/003230 on 23 Jan 2020. Possession is promised by 30 Mar 2024. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NamePOONAM SATHYANIKETHAN
- TypeMixed Development
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/334/PR/200123/003230
- ReraGenie IDRG-KA-07134
Builder
- NamePOONAMBUILDERS
- Entity typePartnership Firm
- Authorized SignatoryK. DAMODAR SHENOY
- OthersANJANA SHENOY
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on23 Jan 2020
- Promised completion30 Mar 2024
- Revised completionRevised to 30 Mar 2024 (originally 30 Jun 2023)
- Buildings1 building record
- Documents filed64 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| POONAM SATHYANIKETHAN | - | - | - | - | - | 26 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 13 Jan 2020, 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.
Building:
| 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) | - |
| 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 | - |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities41
As on 13 Jan 2020, 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 | Yes | - |
| Water conservation | No | Not applicable |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | No | Not applicable |
| 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 | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | No | Not applicable |
Land and ownership
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 | MR. VIGHNESH PRABHU B. |
| Engineer | MR. ANAND BHAT |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed64
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/200123/003230 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Query 1 : fees paid receiptFile: fees paid.pdf | 13 Jan 2020 |
| Query 1 : Cash flow statmentFile: reply letter.pdf | 13 Jan 2020 |
| Query 2 : Notarized Form BFile: FORM B-Notarised.pdf | 13 Jan 2020 |
| Query 3 : NOC's, drainageFile: draingae noc.jpg | 13 Jan 2020 |
| Query 3 : NOC's, fireFile: fire noc.pdf | 13 Jan 2020 |
| Query 3 : NOC's, Water & ElectricalFile: Under process.pdf | 13 Jan 2020 |
| Query 4 : Address detailsFile: reply letter.pdf | 13 Jan 2020 |
| CertificateFile: registration certificate.pdf | - |
| licence | - |
| Single Site Plan | - |
| Approved plan | - |
| Under process | - |
| Under process | - |
| deed of sale | - |
| Single Site Plan | - |
| Single Site Plan | - |
| Under process | - |
| Poonam Sathya Nikethan Brochure | - |
| Specifications | - |
| EC | - |
| Affidavit | - |
| khatha | - |
| deed of sale | - |
| conversion letter | - |
| fire noc | - |
| Under process | - |
| Under process | - |
| pollution control | - |
| Unnamed document | - |
| stability certificate | - |
| Approved plan | - |
| Single Site Plan | - |
| Approved plan | - |
| legal opinion | - |
| Balance Sheet 2018 - 2019File: Balance sheet18.pdf | - |
| Balance Sheet 2017 - 2018File: Balance sheet17.pdf | - |
| Balance Sheet 2016 - 2017File: Balance Sheet16.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: PandL18.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: PandL17.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: PandL16.pdf | - |
| Auditor's Report 2018 - 2019File: Audit Report18.pdf | - |
| Auditor's Report 2017 - 2018File: Audit report17.pdf | - |
| Auditor's Report 2016 - 2017File: Audit report 16.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITacknowledgement18.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITacknowledgement17.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITacknowledgement16.pdf | - |
| Form B | - |
| Prospectus/BrochureFile: Poonam Sathya Nikethan Brochure.pdf | - |
| Advertisement Copy 1File: Poonam Sathya Nikethan Brochure.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_200123_003230.xlsx | - |
| Stability CertificateFile: stability Certificate.pdf | - |
| Road cutting permission letter issued by the planning Authority for laying Water supply line, sanitary line, UFile: KEB Load Sanction.pdf | - |
| NOC issued by the Fire Force department after completion of workFile: Fire completion.pdf | - |
| Occupancy CertificateFile: Completion.pdf | - |
| Consent for operation issued by KSPCBFile: Pollution Control Completion.pdf | - |
| Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: lift completion certificate.pdf | - |
| Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: KEB Approval Completion.pdf | - |
| Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: water and drainage.pdf | - |
| Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: Sathyanikethan association.pdf | - |
| Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: Sathyanikethan association.pdf | - |
| Details of undivided share of land handed over to the association of allotteesFile: Sathyanikethan association.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: Form6_CC_Sathya.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: Form4 CC_Sathya.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit_Completion.pdf | - |
Promoter's earlier projects2
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 TARANIKETHAN | - | Completed | - | No date filed |
| POONAM GIRIJANIKETHAN | - | Completed | - | No date filed |
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Builder: POONAMBUILDERS
POONAMBUILDERS has 1 registration on RERA Karnataka, including POONAM SATHYANIKETHAN. Its filings declare 2 earlier projects, 2 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 SATHYANIKETHAN is delayed beyond 30 Mar 2024?
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 SATHYANIKETHAN?
The registered promoter entity is POONAMBUILDERS, a partnership 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 POONAM SATHYANIKETHAN?
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 SATHYANIKETHAN?
The professionals named in the filing: Architect: MR. VIGHNESH PRABHU B.; Engineer: MR. ANAND 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 POONAM SATHYANIKETHAN?
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; why the completion date was revised and what the new timeline depends on.
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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