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Shakthi Arcade
RG-KA-02393 · RERA PRM/KA/RERA/1257/334/PR/171214/001536
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.
Shakthi Arcade is a Mixed Development project by Lathish Suvarna in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171214/001536 on 14 Dec 2017. Possession is promised by 28 Dec 2018.
At a glance
Project
- NameShakthi Arcade
- TypeMixed Development
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- RERA no.PRM/KA/RERA/1257/334/PR/171214/001536
- ReraGenie IDRG-KA-02393
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on14 Dec 2017
- Promised completion28 Dec 2018
- Revised completionNone
- Buildings1 building record
- Documents filed42 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SHAKTHI ARCADE | - | - | - | - | - | 13 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
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 | 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
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 | No | Not applicable |
| 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 | No | Not applicable |
| Use of renewable energy | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| 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 | No | Not applicable |
| 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 | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
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 | Ar.Sharun Anchan |
| Engineer | k.Anil Hegde |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed42
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/171214/001536 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: IMG_0033.pdf | - |
| IMG_0033 | - |
| Shakthi Arcade Project Plan | - |
| IMG_0033 | - |
| IMG | - |
| Shakthi Suncity Agreement | - |
| Land Document of Shakthi Arcade | - |
| Shakthi Arcade Project Plan | - |
| IMG_0033 | - |
| IMG_0033 | - |
| Brochure of Shakthi Arcade | - |
| IMG | - |
| Shakthi Arcade Project Specification | - |
| EC OF ARCADE | - |
| Land Document of Shakthi Arcade | - |
| JD ARCADE | - |
| IMG | - |
| Balance Sheet 2015 - 2016File: Balance Sheet 2016-17.pdf | - |
| Balance Sheet 2014 - 2015File: Balance Sheet 2015-2016.pdf | - |
| Balance Sheet 2013 - 2014File: Balance sheet 2014-15.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss 2016.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: IMG.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: IMG.pdf | - |
| Director's Report 2015 - 2016File: IMG_0033.pdf | - |
| Director's Report 2014 - 2015File: IMG_0033.pdf | - |
| Director's Report 2013 - 2014File: IMG_0033.pdf | - |
| Cash Flow Statement 2015 - 2016File: Profit & Loss 2016.pdf | - |
| Cash Flow Statement 2014 - 2015File: IMG.pdf | - |
| Auditor's Report 2015 - 2016File: Auditor Report.pdf | - |
| Auditor's Report 2014 - 2015File: Auditor Report.pdf | - |
| Auditor's Report 2013 - 2014File: Auditor Report.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IMG.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IMG_0001.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: IMG_0002.pdf | - |
| IMG | - |
| Prospectus/BrochureFile: Brochure of Shakthi Arcade.pdf | - |
| Advertisement Copy 1File: IMG_0033.pdf | - |
| Tower Excel SheetFile: EXCEL ARCADE(1).xlsx | - |
| Occupancy CertificateFile: ARCADE CPMPLETION 1 MB.jpg | - |
| Completion certificateFile: ARCADE CPMPLETION 1 MB.jpg | - |
| Registered Agreement of SaleFile: Absolute Sale Deed.pdf | - |
| Registered conveyance deed for an individual unitFile: Absolute Sale Deed.pdf | - |
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Builder: Lathish Suvarna
Lathish Suvarna has 5 registrations on RERA Karnataka, including Shakthi Empire and Shakthi Suncity. Its filings declare 1 earlier project, none 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 Shakthi Arcade is delayed beyond 28 Dec 2018?
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 Shakthi Arcade?
The registered promoter entity is Lathish Suvarna, 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 Shakthi Arcade?
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 Shakthi Arcade?
The professionals named in the filing: Architect: Ar.Sharun Anchan; Engineer: k.Anil Hegde. 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 Shakthi Arcade?
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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