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Registration approved No litigation declared Residential/Group Housing project

SHIVAAY AVENUE 2

By EFFICIENT DEVELOPERS

RG-KA-60331 · RERA PRM/KA/RERA/1249/447/PR/030223/005680 · Last updated on RERA Karnataka portal: 24 Jan 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
Jul 2025Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 102 documents Report an error

SHIVAAY AVENUE 2 is a Residential/Group Housing project by EFFICIENT DEVELOPERS in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/030223/005680 on 3 Feb 2023. Possession is promised by 31 Jul 2025.

At a glance

Project

  • NameSHIVAAY AVENUE 2
  • TypeResidential/Group Housing
  • Location
    • Belagavi
    • 590008
  • Pincode590008
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1249/447/PR/030223/005680
  • ReraGenie IDRG-KA-60331

Builder

  • NameEFFICIENT DEVELOPERS
  • Entity typePartnership Firm
  • GSTIN29AAJFE7618K1ZW
  • Authorized SignatoryPRAVEEN S PATIL
  • Other registrations1 more →

Key dates

this monthRegisteredFeb 2023PromisedJul 2025

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on3 Feb 2023
  • Promised completion31 Jul 2025
  • Revised completionNone
  • Buildings2 building records
  • Documents filed102 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SOUTH SIDE - A---18018
NORTH SIDE - B---12012

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 24 Jan 2023, 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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Upto Plinth Level-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
Retaining wall (All types)Not applicable
RCC or MS Framed structure-
Masonry Construction-
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-
Painting-
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work-
Internal and External work including landscapes as per sanctioned drawingsNot applicable

Progress on shared amenities40

As on 24 Jan 2023, 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 facilityProposedProgress
Water SupplyYes-
Sewage and Drainage SystemYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Electricity supply transformer and substationYes-
Sewage Treatment Plant (STP)Yes-
Internal Roads & FootpathsNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupNoNot applicable
Piped GasNoNot applicable
Water and SanitationNoNot applicable
Air ConditioningNoNot applicable
StaircasesYes-
LiftsYes-
Corridor/LobbiesYes-
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallNoNot applicable
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership1

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area554 sq m
Named landowners1
LandownerVillageDistrict
EFFICIENT DEVELOPERS AUTHORIZED SIGNATORY Mr. PRAVEEN S PATIL--

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 3.77 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 3.66 cr-
Architects, Engineer, Consultants Fees etcRs 10.97 lakh-

Certifying professionals and partners3

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

RoleName
ArchitectABHISHEK GADKARI
EngineerBAHUBALI GADKARI
Chartered AccountantCHANNABASAVRAJ UMESH BOLMAL

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed102

As listed on the registration, under the names the promoter filed them with; the newest 80 of 102 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/447/PR/030223/005680 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
MANJUNATH GOPINATHSA MALJI ITR 2019-20 2020-21 2021-22File: MANJUNATH GOPINATHSA MALJI ITR 2019-20 2020-21 2021-22.pdf24 Jan 2023
PRAVEEN SHIDDRAMANAGOUDA PATIL ITR 2019-20 2020-21 2021-22File: PRAVEEN SHIDDRAMANAGOUDA PATIL ITR 2019-20 2020-21 2021-22.pdf24 Jan 2023
Firm PAN with SIGNFile: Firm PAN with SIGN.pdf24 Jan 2023
Firm RegistrationFile: Firm Registration .pdf24 Jan 2023
DECLARATION REGARDING SOURCE OF FUNDSFile: DECLARATION REGARDING SOURCE OF FUNDS.pdf24 Jan 2023
APPROVED PLAN SANCTION WITH SIGNFile: APPROVED PLAN SANCTION WITH SIGN.pdf14 Jan 2023
AREA STATEMENT AS PER RERA WITH SIGNFile: AREA STATEMENT AS PER RERA WITH SIGN.pdf14 Jan 2023
KSPCB NOC SHIVAAY 2 DECLARATIONFile: KSPCB NOC SHIVAAY 2 DECLARATION.pdf14 Jan 2023
MANJUNATH GOPINATHSA MALJI ITR 2019-20 2020-21 2021-22File: MANJUNATH GOPINATHSA MALJI ITR 2019-20 2020-21 2021-22.pdf14 Jan 2023
PRAVEEN SHIDDRAMANAGOUDA PATIL ITR 2019-20 2020-21 2021-22File: PRAVEEN SHIDDRAMANAGOUDA PATIL ITR 2019-20 2020-21 2021-22.pdf14 Jan 2023
Sale Deed Plot No 66File: Sale Deed Plot No 66.pdf14 Jan 2023
ALLOTMENT LETTER NEW Shivaay Avenue 2File: ALLOTMENT LETTER NEW Shivaay Avenue 2.pdf10 Dec 2022
CTS Extract and ServeFile: CTS Extract and Serve.pdf10 Dec 2022
DC Conversion CopyFile: DC Conversion Copy.pdf10 Dec 2022
Declaration of RTC & MRFile: Declaration of RTC & MR.pdf10 Dec 2022
MRFile: MR.pdf10 Dec 2022
KSPCB NOC SHIVAAY 2 DECLARATIONFile: KSPCB NOC SHIVAAY 2 DECLARATION.pdf10 Dec 2022
MASTER CDP PLAN left bottom cornerFile: MASTER CDP PLAN left bottom corner.pdf10 Dec 2022
Revised Carpet Area Shivaay Avenue-2File: Revised Carpet Area Shivaay Avenue-2.pdf10 Dec 2022
PERMISSION DWG-66File: PERMISSION DWG-66.pdf10 Dec 2022
STP Drawing CopyFile: STP Drawing Copy.pdf10 Dec 2022
Title Transfer to Veeresh to Sharan Basappa Plot No-66File: Title Transfer to Veeresh to Sharan Basappa Plot No-66.pdf10 Dec 2022
MUTATIONFile: MR.pdf10 Dec 2022
Registration CertificateFile: Firm Registration .pdf-
Partnership DeedFile: Partnership Deed.pdf-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: FORM 1 CA.pdf-
Certificate issued by Architect Form 2File: FORM 2 ARCH.pdf-
Certificate issued by Engineer Form 3File: FORM 3 ENGR.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: AFFIDAVIT NON LITIGATION.pdf-
Certificate from Chartered AccountFile: FORM 1 CA.pdf-
Balance Sheet 2021 - 2022File: FINANCIALS DECLARATION.pdf-
Balance Sheet 2020 - 2021File: FINANCIALS DECLARATION.pdf-
Balance Sheet 2019 - 2020File: FINANCIALS DECLARATION.pdf-
Audited Profit and Loss Statement 2021 - 2022File: FINANCIALS DECLARATION.pdf-
Audited Profit and Loss Statement 2020 - 2021File: FINANCIALS DECLARATION.pdf-
Audited Profit and Loss Statement 2019 - 2020File: FINANCIALS DECLARATION.pdf-
Director's Report 2021 - 2022File: FINANCIALS DECLARATION.pdf-
Director's Report 2020 - 2021File: FINANCIALS DECLARATION.pdf-
Director's Report 2019 - 2020File: FINANCIALS DECLARATION.pdf-
Cash Flow Statement 2021 - 2022File: FINANCIALS DECLARATION.pdf-
Cash Flow Statement 2020 - 2021File: FINANCIALS DECLARATION.pdf-
Auditor's Report 2021 - 2022File: FINANCIALS DECLARATION.pdf-
Auditor's Report 2020 - 2021File: FINANCIALS DECLARATION.pdf-
Auditor's Report 2019 - 2020File: FINANCIALS DECLARATION.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: FINANCIALS DECLARATION.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: FINANCIALS DECLARATION.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: FINANCIALS DECLARATION.pdf-
Permission and MAP-
HESCOM NOC-
Water NOC-
PERMISSION DWG-66-
PERMISSION DWG-66-
PERMISSION DWG-66-
PERMISSION DWG-66-
Permission and MAP-
Project Specification Plot No-66-
Permission and MAP-
Stability Certificate-
Legal Opinion Plot 66-
Mother Deed Plot No-66-
MASTER CDP PLAN-
Agreement of Sale Proforma Shivaay Avenue-2-
ALLOTMENT LETTER Shivaay Avenue-2-
Form B Affidavit-
Section 3-1 Non-Violation-
HESCOM NOC-
Water NOC-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Pollution Control Board NOC-
Unnamed document-
Unnamed document-
Unnamed document-

How this compares with Belagavi

24%of Belagavi projects moved their completion datethis one has not
0%of Belagavi registrations are shown as withdrawn or revokedthis one is not

Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.

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Other projects near Belagavi460+ in Belagavi

2 kmSHIVAAY AVENUE 2Other 51Dot size: filed unitsN

Filed coordinates, straight-line distance. 51 registered projects within 2 km.

Builder: EFFICIENT DEVELOPERS

EFFICIENT DEVELOPERS has 2 registrations on RERA Karnataka, including SHIVAAY AVENUE 2 and SHIVAAY AVENUE 1. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Belagavi district page.

Frequently asked questions

What are my rights if SHIVAAY AVENUE 2 is delayed beyond 31 Jul 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 SHIVAAY AVENUE 2?

The registered promoter entity is EFFICIENT DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29AAJFE7618K1ZW 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 SHIVAAY AVENUE 2?

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 SHIVAAY AVENUE 2?

The professionals named in the filing: Architect: ABHISHEK GADKARI; Engineer: BAHUBALI GADKARI; Chartered Accountant: CHANNABASAVRAJ UMESH BOLMAL. 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 SHIVAAY AVENUE 2?

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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