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Registration approved Residential/Group Housing project

Sree Adithya Lotus

By Sree Adithya Developers

RG-KA-29210 · RERA PRM/KA/RERA/1251/446/PR/210130/003807 · Last updated on RERA Karnataka portal: 8 Jan 2021

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
Jun 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 76 documents Report an error

Sree Adithya Lotus is a Residential/Group Housing project by Sree Adithya Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/210130/003807 on 30 Jan 2021. Possession is promised by 30 Jun 2023.

At a glance

Project

  • NameSree Adithya Lotus
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/210130/003807
  • ReraGenie IDRG-KA-29210

Builder

  • NameSree Adithya Developers
  • Entity typePartnership Firm
  • Authorized SignatoryG.Koteswara Reddy
  • Board MemberN.Raghava Reddy
  • Other registrations3 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredJan 2021PromisedJun 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Jan 2021
  • Promised completion30 Jun 2023
  • Revised completionNone
  • Buildings2 building records
  • Documents filed76 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
LOTUS 1---42042
LOTUS 2---46046

The full filing

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

Construction progress by building1

As on 8 Jan 2021, 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 drawingsNot applicable

Progress on shared amenities41

As on 8 Jan 2021, 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 & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
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 drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolYes-
GymYes-
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
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 staffNoNot applicable
Water conservation and renewable energyNoNot applicable

Land and ownership2

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

Land area8,081 sq m
Named landowners2
LandownerVillageDistrict
Shankar & Manasa--
Manjunatha D.C & Veena.V--

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 28.40 cr

Certifying professionals and partners2

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

RoleName
ArchitectT V Srinivas
EngineerG Mohan Reddy

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed76

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/1251/446/PR/210130/003807 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Balance Sheet with CA UDIN numberFile: balance sheet 2018-19 with UDIN Number.pdf8 Jan 2021
P and L with CA UDIN numberFile: P& L sree adithya developers with UDIN Number.pdf8 Jan 2021
Copy of High Court Stay OrderFile: Stay Order.pdf8 Jan 2021
CertificateFile: Form D - Adress Proof.pdf-
BBMP Building License-
First and Second Floor Plan_compressed-
Ground Floor Plan_compressed-
Gift Deed - Shankar and Manasa-
Gift Deed - Manjunath and Veena-
Lower Basement Floor Plan_compressed-
Site Plan Section and Elevation_compressed-
RTC for 18-2 and 18-3-
Project Specifications-
EC Till Date-
Affidavit 3 -1-
Joint Affidavit Cum Declaration-
Amalgamation Deed and Khatha-
Joint Development Agreement-
Unnamed document-
Conversion Orders for both survey numbers-
Unnamed document-
Unnamed document-
Unnamed document-
Relinquishment Deed-
Unnamed document-
Unnamed document-
BESCOM Connection-
BWSSB NOC-
KSPCB - NOC-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Typical 3rd and 4th Floor Plan_compressed-
Upper Basement Floor Plan_compressed-
Unnamed document-
Balance Sheet 2019 - 2020File: IT 2019-20.pdf-
Balance Sheet 2018 - 2019File: IT 2018-19.pdf-
Balance Sheet 2017 - 2018File: IT 2017-18.pdf-
Audited Profit and Loss Statement 2019 - 2020File: IT 2019-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: IT 2018-19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: IT 2017-18.pdf-
Director's Report 2019 - 2020File: IT 2019-20.pdf-
Director's Report 2018 - 2019File: IT 2018-19.pdf-
Director's Report 2017 - 2018File: IT 2017-18.pdf-
Cash Flow Statement 2019 - 2020File: IT 2019-20.pdf-
Cash Flow Statement 2018 - 2019File: IT 2018-19.pdf-
Auditor's Report 2019 - 2020File: IT 2019-20.pdf-
Auditor's Report 2018 - 2019File: IT 2018-19.pdf-
Auditor's Report 2017 - 2018File: IT 2017-18.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: IT 2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: IT 2018-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: IT 2017-18.pdf-
Form B_compressed-
Prospectus/BrochureFile: Adithya Lotus Final Brochure.pdf-
Advertisement Copy 1File: Adithya Lotus Final Brochure.pdf-
Tower Excel SheetFile: FINAL PRM_KA_RERA_1251_446_PR_210130_003807.xlsx-
Occupancy CertificateFile: Lotus OC.pdf-
Consent for operation issued by KSPCBFile: KSPCB.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Lotus lift approval.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: BESCOM Approvel Lotus.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: BWSSB.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: Lotus DG approvel.pdf-
Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: Lotus Association.pdf-
Details of undivided share of land handed over to the association of allotteesFile: Lotus Association.pdf-
Architect certificate for having completed the work(in format no 5)File: Form 5.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4CC Project Completion_compressed.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Completion Affidavit.pdf-

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 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Sree Adithya Elegant-OngoingJan 2022Not delivered

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: Sree Adithya Developers

Sree Adithya Developers has 4 registrations on RERA Karnataka, including Sree Adithya Elite and Sree Adithya Lotus. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Sree Adithya Lotus is delayed beyond 30 Jun 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 Sree Adithya Lotus?

The registered promoter entity is Sree Adithya Developers, 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 Sree Adithya Lotus?

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 Sree Adithya Lotus?

The professionals named in the filing: Architect: T V Srinivas; Engineer: G Mohan Reddy. 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 Sree Adithya Lotus?

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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