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Registration approved No litigation declared Mixed Development project

Sorake Helios

By Sorake Estates

RG-KA-65358 · RERA PRM/KA/RERA/1257/334/PR/200622/005008 · Last updated on RERA Karnataka portal: 1 Jun 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
Dec 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 111 documents Report an error

Sorake Helios is a Mixed Development project by Sorake Estates in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/200622/005008 on 20 Jun 2022. Possession is promised by 31 Dec 2023.

At a glance

Project

  • NameSorake Helios
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1257/334/PR/200622/005008
  • ReraGenie IDRG-KA-65358

Builder

  • NameSorake Estates
  • Entity typePartnership Firm
  • GSTIN29ABYFS0549K1Z9
  • Authorized SignatoryDr Rajneesh Sorake
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredJun 2022PromisedDec 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on20 Jun 2022
  • Promised completion31 Dec 2023
  • Revised completionNone
  • Buildings1 building record
  • Documents filed111 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Helios-----21

The full filing

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

Construction progress by building1

As on 1 Jun 2022, 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)-
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 network-
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 1 Jun 2022, 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 SystemNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes-
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes-
Storm water drainsYes-
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes-
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 BackupYes-
Piped GasYes-
Water and SanitationYes-
Air ConditioningNoNot applicable
StaircasesYes-
LiftsYes-
Corridor/LobbiesYes-
Fire escapesYes-
Common entrance and exit for the building/common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areasYes-
Provision for lodging of management staff and security staffYes-
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.

Named landowners1
LandownerVillageDistrict
Sorake Estates/Dr Rajneesh Sorake--

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 8.00 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 8.00 cr-

Certifying professionals and partners3

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

RoleName
ArchitectNayak pai and Associates
EngineerDesign Associates
Chartered AccountantK Devdas Nayak

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed111

As listed on the registration, under the names the promoter filed them with; the newest 80 of 111 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/200622/005008 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
AGREEMENT FOR SALEFile: Agreement of Sale Proforma- Revised RERA- Helios.pdf1 Jun 2022
Proforma Agreement For saleFile: RERA-draft agrmt Helios.pdf14 May 2022
NOC from MESCOMFile: mescom noc helios.pdf19 Mar 2022
70% bank accountFile: project bank account.pdf28 Feb 2022
Regarding area mentioned in project detailsFile: area details.pdf28 Feb 2022
19-20 UDIN mentionedFile: 19 -20 UDIN.pdf28 Feb 2022
20-21 financial statementFile: 20 - 21 financial statement.pdf28 Feb 2022
NOC from Water DepartmentFile: water Noc.pdf28 Feb 2022
Regarding MESCOM NOCFile: mescom noc.pdf28 Feb 2022
Engineer CertificateFile: Engineer certificate.pdf28 Feb 2022
Architect CertificateFile: Architect certificate.pdf28 Feb 2022
No Litigation AffidavitFile: Affidavit No Litigation.pdf16 Feb 2022
Section 3-1 affidavitFile: Affidavit section 3(1).pdf16 Feb 2022
Agreement for sale draftFile: Agreement for sale draft.pdf16 Feb 2022
Sale deed draftFile: Sale Deed - draft.pdf16 Feb 2022
Alottment letter draftFile: Allotment letter.pdf16 Feb 2022
Bank passbookFile: Bank Passbook.pdf16 Feb 2022
Building plansFile: Building plan.pdf16 Feb 2022
Single siteFile: single site.pdf16 Feb 2022
Relinquinshment Deed Not ApplicableFile: No Relinquishment.pdf16 Feb 2022
Estimation certicate from CAFile: CA Estimation.pdf16 Feb 2022
Estimation certificate from EngineerFile: Engineer Estimation.pdf16 Feb 2022
Attested Fire nocFile: Fire NOC.pdf16 Feb 2022
Attested KSPCB NOCFile: KSPCB NOC.pdf16 Feb 2022
All title deeds and RTCFile: sale deed & RTC.pdf16 Feb 2022
STP marked in Building planFile: stp location.pdf16 Feb 2022
STP DesignFile: STP Design.pdf16 Feb 2022
Financial Statement 20-21File: FS 20-21.pdf16 Feb 2022
Financial Statement 19-20File: FS 19-20.pdf16 Feb 2022
RTC, survey 1-3-
Mutation, survey 1-3-
Encumbrance Certificate, survey 1-3-
Conversion/Alienation Order, survey 1-3-
Sale/Title/Gift Deed, survey 1-3-
Khatha, survey 1-3-
Registration CertificateFile: Firm Reg certificate.pdf-
Partnership DeedFile: Partnership Deed.pdf-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: CA Estimation.pdf-
Certificate issued by Architect Form 2File: Engineer Estimation.pdf-
Certificate issued by Engineer Form 3File: Engineer Estimation.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Affidavit No Litigation.pdf-
Balance Sheet 2020 - 2021File: BS 20-21.pdf-
Balance Sheet 2019 - 2020File: BS 19-20.pdf-
Balance Sheet 2018 - 2019File: BS 18-19.pdf-
Audited Profit and Loss Statement 2020 - 2021File: PL 20-21.pdf-
Audited Profit and Loss Statement 2019 - 2020File: PL 19-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: PL 18-19.pdf-
Director's Report 2020 - 2021File: Auditor Report 20-21.pdf-
Director's Report 2019 - 2020File: Auditor Report 19-20.pdf-
Director's Report 2018 - 2019File: Auditor Report 18-19.pdf-
Cash Flow Statement 2020 - 2021File: PL 20-21.pdf-
Cash Flow Statement 2019 - 2020File: PL 19-20.pdf-
Auditor's Report 2020 - 2021File: Auditor Report 20-21.pdf-
Auditor's Report 2019 - 2020File: Auditor Report 19-20.pdf-
Auditor's Report 2018 - 2019File: Auditor Report 18-19.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: ITR Ack 20-21.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR Ack 19-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR Ack 18-19.pdf-
Building License-
mescom-
Single Site-
Building Plans-
Single Site-
Building Plans-
Building Plans-
project specifications-
Building Plans-
Conversion certificate-
Conversion certificate-
Agreement Draft-
H Brouchure-
Form B-
Unnamed document-
Unnamed document-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Sorake IrisBejai New Road, Bejai MangaloreCompleted-No date filed

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: Sorake Estates

SORAKE ESTATES has 2 registrations on RERA Karnataka, including SORAKE IRIS and Sorake Helios. Its filings declare 1 earlier project, 1 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 Sorake Helios is delayed beyond 31 Dec 2023?

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 Sorake Helios?

The registered promoter entity is Sorake Estates, a partnership firm as per the filing. Its GSTIN 29ABYFS0549K1Z9 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 Sorake Helios?

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 Sorake Helios?

The professionals named in the filing: Architect: Nayak pai and Associates; Engineer: Design Associates; Chartered Accountant: K Devdas Nayak. 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 Sorake Helios?

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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