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Registration approved Commercial project

Shakthi Saanvi Plaza

By Lathish Suvarna

RG-KA-37986 · RERA PRM/KA/RERA/1257/334/PR/171214/001539

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
Apr 2019Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 38 documents Report an error

Shakthi Saanvi Plaza is a Commercial project by Lathish Suvarna in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171214/001539 on 14 Dec 2017. Possession is promised by 7 Apr 2019.

At a glance

Project

  • NameShakthi Saanvi Plaza
  • TypeCommercial
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1257/334/PR/171214/001539
  • ReraGenie IDRG-KA-37986

Builder

  • NameLathish Suvarna
  • Entity typeProprietorship Firm
  • Authorized SignatoryLathish Suvarna
  • Other registrations4 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredDec 2017PromisedApr 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on14 Dec 2017
  • Promised completion7 Apr 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed38 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SHAKTHI SAANVI PLAZA---01010

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:

ActivityProgress
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot 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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationNoNot applicable
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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.

Land area347 sq m
Named landownersNone

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.

Separate project accountDeclared
Estimated costRs 1.40 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectMr.Sharun Anchan
EngineerK.Anil Hegde

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed38

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/171214/001539 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: IMG_0033.pdf-
IMG_0033-
Shakthi Saanvi Plaza Project Plan-
IMG_0033-
IMG_0033-
Shakthi Suncity Agreement-
Land Document of Shakthi Saanvi Plaza-
Shakthi Saanvi Plaza Project Plan-
IMG_0033-
IMG_0033-
Brochure Shakthi Saanvi Plaza-
IMG-
Project specification of Shakthi Saanvi Plaza-
IMG-
Land Document of Shakthi Saanvi Plaza-
JD SAANVI PLAZA-
IMG_0001-
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: IMG_0001.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 Shakthi Saanvi Plaza.pdf-
Advertisement Copy 1File: IMG_0033.pdf-
Tower Excel SheetFile: SAANVI PLAZA EXCEL.xlsx-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one has not
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

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 Saanvi Plaza is delayed beyond 7 Apr 2019?

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 Saanvi Plaza?

The registered promoter entity is Lathish Suvarna, 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 Shakthi Saanvi Plaza?

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 Saanvi Plaza?

The professionals named in the filing: Architect: Mr.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 Saanvi Plaza?

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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