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Shankar Lake View
RG-KA-67156 · RERA PRM/KA/RERA/1255/477/PR/170322/004774 · Last updated on RERA Karnataka portal: 10 Mar 2022
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.
Shankar Lake View is a Plotted Development project by Shankar Shelters in Chikkamagaluru, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1255/477/PR/170322/004774 on 17 Mar 2022. Possession is promised by 30 Jun 2021.
At a glance
Project
- NameShankar Lake View
- TypePlotted Development
- Location
- Chikkamagaluru
- 577133
- Pincode577133
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1255/477/PR/170322/004774
- ReraGenie IDRG-KA-67156
Builder
- NameShankar Shelters
- Entity typePartnership Firm
- Authorized SignatoryUmadevi S
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on17 Mar 2022
- Promised completion30 Jun 2021
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed114 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership10
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 |
|---|---|---|
| Shankar Shelters | - | - |
| Shankar Shelters | - | - |
| Shankar Shelters | - | - |
| Shankar Shelters | - | - |
| Shankar Shelters | - | - |
| Siddesh G B | - | - |
| Shankar Shelters | - | - |
| Siddesh G B | - | - |
| Siddesh G B | - | - |
| Shankar Shelters | - | - |
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 4.75 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Vishnu Kumar |
| Chartered Accountant | Nitesh Kumar |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed114
As listed on the registration, under the names the promoter filed them with; the newest 80 of 114 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1255/477/PR/170322/004774 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Replies to all queriesFile: Query replies.pdf | 10 Mar 2022 |
| EC for All Sy NoFile: EC All Sy No.pdf | 10 Mar 2022 |
| KSPCB NOC with receiptFile: NOC PCB with receipt.pdf | 10 Mar 2022 |
| Registered GPA from Rositor to PS ShashidharaFile: GPA (Rositor - Shashidhara).pdf | 10 Mar 2022 |
| RTC, survey 91 | - |
| Mutation, survey 91 | - |
| Encumbrance Certificate, survey 91 | - |
| Conversion/Alienation Order, survey 91 | - |
| Sale/Title/Gift Deed, survey 91 | - |
| Khatha, survey 91 | - |
| RTC, survey 96/1 | - |
| Mutation, survey 96/1 | - |
| Encumbrance Certificate, survey 96/1 | - |
| Conversion/Alienation Order, survey 96/1 | - |
| Sale/Title/Gift Deed, survey 96/1 | - |
| Khatha, survey 96/1 | - |
| RTC, survey 96/2 | - |
| Mutation, survey 96/2 | - |
| Encumbrance Certificate, survey 96/2 | - |
| Conversion/Alienation Order, survey 96/2 | - |
| Sale/Title/Gift Deed, survey 96/2 | - |
| Khatha, survey 96/2 | - |
| RTC, survey 114 | - |
| Mutation, survey 114 | - |
| Encumbrance Certificate, survey 114 | - |
| Conversion/Alienation Order, survey 114 | - |
| Sale/Title/Gift Deed, survey 114 | - |
| Khatha, survey 114 | - |
| RTC, survey 89/10 | - |
| Mutation, survey 89/10 | - |
| Encumbrance Certificate, survey 89/10 | - |
| Conversion/Alienation Order, survey 89/10 | - |
| Sale/Title/Gift Deed, survey 89/10 | - |
| Khatha, survey 89/10 | - |
| RTC, survey 90/5 | - |
| Mutation, survey 90/5 | - |
| Encumbrance Certificate, survey 90/5 | - |
| Conversion/Alienation Order, survey 90/5 | - |
| Sale/Title/Gift Deed, survey 90/5 | - |
| Khatha, survey 90/5 | - |
| RTC, survey 89/17 | - |
| Mutation, survey 89/17 | - |
| Encumbrance Certificate, survey 89/17 | - |
| Conversion/Alienation Order, survey 89/17 | - |
| Sale/Title/Gift Deed, survey 89/17 | - |
| Khatha, survey 89/17 | - |
| Registration CertificateFile: Incorporation Certificate.pdf | - |
| Partnership DeedFile: Partnership and Reconsitution Deed c.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Form1 Shankar Lake View.pdf | - |
| Certificate issued by Engineer Form 3File: Form -3 SHANKAR LAKE VIEW.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| AffidavitFile: Non Litigation Affidavit.pdf | - |
| Certificate from Chartered AccountFile: Form1 Shankar Lake View.pdf | - |
| Certificate issued by ArchitectFile: Form2 Shankar Lakeview_c.pdf | - |
| Balance Sheet 2020 - 2021File: Balance sheet 2020-21.pdf | - |
| Balance Sheet 2019 - 2020File: Balance sheet 2019-20.pdf | - |
| Balance Sheet 2018 - 2019File: balance sheet 18 19.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Profit and Loss 2020-21.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Profit and Loss 2019-20.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Profit and Loss 18 19.pdf | - |
| Cash Flow Statement 2020 - 2021File: Statement of Income 2020-21.pdf | - |
| Cash Flow Statement 2019 - 2020File: Statement of income 2019-20 Computation.pdf | - |
| Auditor's Report 2019 - 2020File: Audit report 2019-20c.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019-20.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR 2018-19.pdf | - |
| Initial and Final release order | - |
| NOC- Electricity | - |
| NOC-Water | - |
| Initial and Final project Plan | - |
| Initial and Final project Plan | - |
| Initial and Final project Plan | - |
| Initial and Final project Plan | - |
| Project Specification | - |
| Proforma AOS | - |
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Builder: Shankar Shelters
Shankar Shelters has 1 registration on RERA Karnataka, including Shankar Lake View. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Chikkamagaluru district page.
Frequently asked questions
What are my rights if Shankar Lake View is delayed beyond 30 Jun 2021?
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 Shankar Lake View?
The registered promoter entity is Shankar Shelters, 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 Shankar Lake View?
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 Shankar Lake View?
The professionals named in the filing: Engineer: Vishnu Kumar; Chartered Accountant: Nitesh 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 Shankar Lake View?
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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