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RADHA SOMAYYA NAGAR
RG-KA-88515 · RERA PRM/KA/RERA/1273/318/PR/070323/005770 · Last updated on RERA Karnataka portal: 1 Mar 2023
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.
RADHA SOMAYYA NAGAR is a Plotted Development project by KARTHIK SHETTY in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/070323/005770 on 7 Mar 2023. Possession is promised by 27 Jan 2025.
At a glance
Project
- NameRADHA SOMAYYA NAGAR
- TypePlotted Development
- Location
- Udupi
- 576115
- Pincode576115
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/318/PR/070323/005770
- ReraGenie IDRG-KA-88515
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on7 Mar 2023
- Promised completion27 Jan 2025
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed110 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership5
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 |
|---|---|---|
| KARTHIK SHETTY & ASHWITHA SHETTY | - | - |
| KARTHIK SHETTY & ASHWITHA SHETTY | - | - |
| KARTHIK SHETTY & ASHWITHA SHETTY | - | - |
| KARTHIK SHETTY & ASHWITHA SHETTY | - | - |
| KARTHIK SHETTY & ASHWITHA 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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| - | NA | Rs 57.66 lakh | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Keerthi K. Budale |
| Chartered Accountant | Harini G. Rao |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed110
As listed on the registration, under the names the promoter filed them with; the newest 80 of 110 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1273/318/PR/070323/005770 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| sale deed for syno 138/2A2 ext 0.43centsFile: saledeed 2a2 43 cents.pdf | 1 Mar 2023 |
| conversion order for 138/2A3 ext 0.50File: Conversion_Order 2a3 50 cents.pdf | 1 Mar 2023 |
| title deed for 1 acre 93 centsFile: Title deed.pdf | 1 Mar 2023 |
| registered GPAFile: GPA registered.pdf | 1 Mar 2023 |
| GUIDANCE VALUEFile: guidance value.pdf | 1 Mar 2023 |
| CLARIFICATIONFile: Clarification on notice.pdf | 1 Mar 2023 |
| GPAFile: GPA - radhasomayya.pdf | 1 Mar 2023 |
| RTC, survey 138/2A1 | - |
| Mutation, survey 138/2A1 | - |
| Encumbrance Certificate, survey 138/2A1 | - |
| Conversion/Alienation Order, survey 138/2A1 | - |
| Sale/Title/Gift Deed, survey 138/2A1 | - |
| Khatha, survey 138/2A1 | - |
| RTC, survey 138/2A2 | - |
| Mutation, survey 138/2A2 | - |
| Encumbrance Certificate, survey 138/2A2 | - |
| Conversion/Alienation Order, survey 138/2A2 | - |
| Sale/Title/Gift Deed, survey 138/2A2 | - |
| Khatha, survey 138/2A2 | - |
| RTC, survey 138/2A3 | - |
| Mutation, survey 138/2A3 | - |
| Encumbrance Certificate, survey 138/2A3 | - |
| Conversion/Alienation Order, survey 138/2A3 | - |
| Sale/Title/Gift Deed, survey 138/2A3 | - |
| Khatha, survey 138/2A3 | - |
| RTC, survey 138/2A4 | - |
| Mutation, survey 138/2A4 | - |
| Encumbrance Certificate, survey 138/2A4 | - |
| Conversion/Alienation Order, survey 138/2A4 | - |
| Sale/Title/Gift Deed, survey 138/2A4 | - |
| Khatha, survey 138/2A4 | - |
| RTC, survey 138/6 | - |
| Mutation, survey 138/6 | - |
| Encumbrance Certificate, survey 138/6 | - |
| Conversion/Alienation Order, survey 138/6 | - |
| Sale/Title/Gift Deed, survey 138/6 | - |
| Khatha, survey 138/6 | - |
| Registration CertificateFile: GST.pdf | - |
| Certificate issued by CA Form 1File: FORM 1 -CA.pdf | - |
| Certificate issued by Engineer Form 3File: Form - 3, Engineer (PR).pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Litigation affidavit.pdf | - |
| Certificate from Chartered AccountFile: FORM 1 -CA.pdf | - |
| Certificate issued by ArchitectFile: Form -2, Architect (PR).pdf | - |
| Balance Sheet 2021 - 2022File: BS AY 2022-23.pdf | - |
| Balance Sheet 2020 - 2021File: BS AY 2021-22.pdf | - |
| Balance Sheet 2019 - 2020File: BS AY 2020-21.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: P&L AY 2022-23.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: P&L AY 2021-22.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: P&L AY 2020-21.pdf | - |
| Cash Flow Statement 2021 - 2022File: SCHEDULE AY 2022-23.pdf | - |
| Cash Flow Statement 2020 - 2021File: SCHEDULE AY 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ITR AY 2022-23.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR AY 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR AY 2020-21.pdf | - |
| Preliminary Approval order layout | - |
| Preliminary Approval order layout | - |
| Preliminary Approval order layout | - |
| Preliminary Approval order layout | - |
| Preliminary Approval order layout | - |
| Preliminary Approval order layout | - |
| Specification | - |
| Preliminary Approval order layout | - |
| Preliminary Approval order layout | - |
| Legal_Opinion | - |
| Title deed | - |
| conversion order 1 93 cents | - |
| conversion order 1 93 cents | - |
| Title deed | - |
| proforma AOS | - |
| proforma allotment letter | - |
| Project brochure | - |
| Form B_compressed | - |
| Notarized Affidavit for 3(1) Voliation 1 | - |
| Mescom NOC | - |
| Panchayat-Water NOC | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
Promoter's earlier projects7
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 |
|---|---|---|---|---|
| KINFRATECH PRIME | S.NO-42/13 AT 76 BADAGABETTU VILLAGE, UDUPI TALUK & DISTRICT | Ongoing | Sep 2023 | Not delivered |
| Kinfratech Vistara | V4 Vista Residential Township, S. No. 120/6 & 120/16, Alevoor Manipal Road, Udupi | Completed | - | Not delivered |
| Kinfratech Vista | Alevoor-Manipal Road,, Udupi-576101 | Completed | - | Not delivered |
| Kinfratech Navanagara | Kinfratech Navanagara, Opposite Manchi School, Indrali Ward, Shivally Village, Udupi | Completed | - | Not delivered |
| Kinfratech Nandana | Near Nandagokula, Udyavara-Kukkikatte Main Road, Korangrapady Village, Udupi | Completed | - | Not delivered |
| KINFRATECH BALLAL NAGAR | Mahalingeshwaar Temple Road, Near Joduraste, Korangrapady Village | Completed | - | Not delivered |
| Alevoor Business Centre | Guddeangadi, , Alevoor, Udupi | Completed | - | Not delivered |
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Builder: KARTHIK SHETTY
KARTHIK SHETTY has 2 registrations on RERA Karnataka, including RADHA SOMAYYA NAGAR and Alevoor Business Centre. Its filings disclose 7 earlier RERA Karnataka projects, none completed yet. Read the full track record. See more projects on the Udupi district page.
Frequently asked questions
What are my rights if RADHA SOMAYYA NAGAR is delayed beyond 27 Jan 2025?
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 RADHA SOMAYYA NAGAR?
The registered promoter entity is KARTHIK SHETTY, a proprietorship firm as per the filing. Its GSTIN 29BAQPS3487L1ZK 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 RADHA SOMAYYA NAGAR?
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 RADHA SOMAYYA NAGAR?
The professionals named in the filing: Engineer: Keerthi K. Budale; Chartered Accountant: Harini G. Rao. 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 RADHA SOMAYYA NAGAR?
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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