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Registration approved Mixed Development project

SOMAYAJI ELITE, KULSHEKARA

By SOMAYAJI ESTATES (P ) LTD

RG-KA-80992 · RERA PRM/KA/RERA/1257/334/PR/200117/003199 · Last updated on RERA Karnataka portal: 6 Jan 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 50 documents Report an error

SOMAYAJI ELITE, KULSHEKARA is a Mixed Development project by SOMAYAJI ESTATES (P ) LTD in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/200117/003199 on 17 Jan 2020. Possession is promised by 1 Sep 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSOMAYAJI ELITE, KULSHEKARA
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/200117/003199
  • ReraGenie IDRG-KA-80992

Builder

  • NameSOMAYAJI ESTATES (P ) LTD
  • Entity typeCompany
  • CINU70101KA1993PTC014586
  • Authorized SignatoryB .Raghunath Somayaji

Key dates

this monthRegisteredJan 2020First promiseDec 2021Revised toSep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Jan 2020
  • Promised completion1 Sep 2022
  • Revised completionRevised to 1 Sep 2022 (originally 1 Dec 2021)
  • Buildings2 building records
  • Documents filed50 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TOWER A-----30
BLOCK B---01717

The full filing

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

Construction progress by building1

As on 6 Jan 2020, 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-
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 drawings-

Progress on shared amenities41

As on 6 Jan 2020, 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-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolNoNot applicable
GymYes-
ParksYes-
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
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 ownership1

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

Land area2,084 sq m
Named landowners1
LandownerVillageDistrict
SOMAYAJI ESTATES (P ) LTD--

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 6.70 cr

Certifying professionals and partners2

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

RoleName
ArchitectSURESH KUMAR
EngineerVIMAL ANIL

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionDec 2021 → Sep 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed50

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/200117/003199 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
2018-19 Directors reportFile: Director report_compressed.pdf6 Jan 2020
Conversion orderFile: KULSHEKAR CONVERTION.pdf6 Jan 2020
EC for 15 years and up to till date in form number 15 and in the name of developerFile: KULSHEKAR SITE 15YRS EC -1.pdf6 Jan 2020
Applicable NOC issued by local water supplyFile: kulshekar water noc.pdf6 Jan 2020
Applicable NOC issued by local power supplyFile: KULSHEKAR SITE ELECTRICAL NOC.pdf6 Jan 2020
site Area statement has not been mentioned in the plans ,the plans uploaded is without signature ,seFile: Approved plan scan.PDF6 Jan 2020
CertificateFile: COI estates.pdf-
Govt permit_compressed-
Approved building plan-
Layout plan-
SOMAYAJI ELITE AGREEMENT DRAFT-
SOMAYAJI ELITE AGREEMENT DRAFT-
Sale deed & RTC-
Approved building plan-
Approved building plan-
Allotmnet letter compressed-
Broucher-
Broucher_compressed-
kul E C COPY-
Declaration (Form B)-
KUL KHATA-
Layout plan-
Approved building plan-
Balance Sheet 2018 - 2019File: Balancesheet 2019_compressed.pdf-
Balance Sheet 2017 - 2018File: Balancesheet 2018_compressed.pdf-
Balance Sheet 2016 - 2017File: Balancesheet 2017_compressed.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit loss 2019_compressed.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit loss 2018_compressed.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Profit loss 2017_compressed.pdf-
Director's Report 2017 - 2018File: Directors report 2018_compressed.pdf-
Director's Report 2016 - 2017File: Directors report 2017_compressed.pdf-
Cash Flow Statement 2018 - 2019File: Cashflow 2019.pdf-
Cash Flow Statement 2017 - 2018File: Cashflow 2018.pdf-
Auditor's Report 2018 - 2019File: Auditors report 2019_compressed.pdf-
Auditor's Report 2017 - 2018File: Auditors report 2018_compressed.pdf-
Auditor's Report 2016 - 2017File: Auditors report 2017_compressed.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT return ack 2019.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT return ack 2018.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: IT return ack 2017.pdf-
Declaration (Form B)-
Prospectus/BrochureFile: BROUCHER.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_200117_003199 (2).xlsx-
NOC issued by the Fire Force department after completion of workFile: Fire NOC- Kulashekara.pdf-
Occupancy CertificateFile: Occupancy Certificate.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: KULSHEKAR SITE ELECTRICAL NOC.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: kulshekar water noc.pdf-
Architect certificate for having completed the work(in format no 5)File: Completion Rera- Architect Certificate 15-11-2021 (1) (2).pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Final Form 4CC.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit Elite.pdf-
FORM 6File: Completion Rera - Engineer Certificate - 100% (1).pdf-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 9 months
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

2 kmSOMAYAJI ELITE, KULSHEKAOther 28Dot size: filed unitsN

Filed coordinates, straight-line distance. 28 registered projects within 2 km.

Builder: SOMAYAJI ESTATES (P ) LTD

SOMAYAJI ESTATES (P ) LTD has 1 registration on RERA Karnataka, including SOMAYAJI ELITE, KULSHEKARA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if SOMAYAJI ELITE, KULSHEKARA is delayed beyond 1 Sep 2022?

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 SOMAYAJI ELITE, KULSHEKARA?

The registered promoter entity is SOMAYAJI ESTATES (P ) LTD, a company as per the filing. Its CIN U70101KA1993PTC014586 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 SOMAYAJI ELITE, KULSHEKARA?

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 SOMAYAJI ELITE, KULSHEKARA?

The professionals named in the filing: Architect: SURESH KUMAR; Engineer: VIMAL ANIL. 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 SOMAYAJI ELITE, KULSHEKARA?

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; why the completion date was revised and what the new timeline depends on.

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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About SOMAYAJI ELITE, KULSHEKARA. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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