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Registration approved No litigation declared Commercial project

SRIRAM PLAZA

By RAMAKRISHNA SHETTY

RG-KA-08386 · RERA PRM/KA/RERA/1273/488/PR/201022/005352 · Last updated on RERA Karnataka portal: 13 Oct 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
Sep 2022Possession promisedno revision filed
0 of 14Construction stages donefurthest along: Earth work and other leveling..., 0%
33 of 33Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 93 documents Report an error

SRIRAM PLAZA is a Commercial project by RAMAKRISHNA SHETTY in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/488/PR/201022/005352 on 20 Oct 2022. Possession is promised by 12 Sep 2022. 0 of the 33 units on this registration are recorded sold or booked, and 0 of 14 construction stages are filed complete.

At a glance

Project

  • NameSRIRAM PLAZA
  • TypeCommercial
  • Location
    • Brahmavara
    • Udupi
    • 576213
  • Pincode576213
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/488/PR/201022/005352
  • ReraGenie IDRG-KA-08386

Builder

  • NameRAMAKRISHNA SHETTY
  • Entity typeProprietorship Firm
  • GSTIN29AYKPS7618CIZ0
  • Authorized SignatoryRAMAKRISHNA SHETTY

Key dates

Registered
20 Oct 2022
Promised
12 Sep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on20 Oct 2022
  • Promised completion12 Sep 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed93 files

Current status

0%0 of 33 units booked

Figures as on 13 Oct 2022, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SRIRAM PLAZA---03333

The full filing

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

Construction progress by building1

As on 13 Oct 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.

0 of 14 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.

Building: 0% average across the applicable activities

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 13 Oct 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 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
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes-
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)NoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
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/verandahNoNot applicable
BasementNoNot applicable
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 ownership2

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

Land area621 sq m
Land owned byNot the promoter
Named landowners2
LandownerVillageDistrict
RAMAKRISHNA SHETTY--
RAMAKRISHNA SHETTY--

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 1.25 cr
BuildingWingEstimatedIncurred
-NARs 1.25 cr-

Certifying professionals and partners3

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

RoleName
ArchitectDINESH NAYAK
EngineerDINESH NAYAK
Chartered AccountantJEEVAN SHETTY

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed93

As listed on the registration, under the names the promoter filed them with; the newest 80 of 93 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1273/488/PR/201022/005352 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
certified Carpet area calculationFile: carpet area calculation statement.pdf13 Oct 2022
village map showing the proposed siteFile: village map.pdf13 Oct 2022
proforma of Agreement for saleFile: proforma AOS.pdf13 Oct 2022
STPFile: STP-drawing.pdf13 Oct 2022
reason for delayFile: delay reason.pdf13 Oct 2022
master planFile: MASTER PLAN BVR-Model.pdf13 Oct 2022
affidavit for sold unsold unitsFile: affidavit for sold unsold unit.pdf13 Oct 2022
stability certificateFile: stability certificate.pdf13 Oct 2022
mescom nocFile: mescom final order.pdf13 Oct 2022
clarificationFile: clarification.pdf13 Oct 2022
RTC, survey 71/3-
Mutation, survey 71/3-
Encumbrance Certificate, survey 71/3-
Conversion/Alienation Order, survey 71/3-
Sale/Title/Gift Deed, survey 71/3-
Khatha, survey 71/3-
RTC, survey 75/6C-
Mutation, survey 75/6C-
Encumbrance Certificate, survey 75/6C-
Conversion/Alienation Order, survey 75/6C-
Sale/Title/Gift Deed, survey 75/6C-
Khatha, survey 75/6C-
Registration CertificateFile: GST.pdf-
Certificate issued by CA Form 1File: CA Cerificate compressed.pdf-
Certificate issued by Architect Form 2File: architect certficate.pdf-
Certificate issued by Engineer Form 3File: engineer certficate.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: litigation affidavit.pdf-
Certificate from Chartered AccountFile: approval certficate Certificate.pdf-
Balance Sheet 2021 - 2022File: BS 2021.pdf-
Balance Sheet 2020 - 2021File: BS 2020_compressed.pdf-
Balance Sheet 2019 - 2020File: BS 2019_compressed.pdf-
Audited Profit and Loss Statement 2021 - 2022File: P&L 2021.pdf-
Audited Profit and Loss Statement 2020 - 2021File: P&L 2020.pdf-
Audited Profit and Loss Statement 2019 - 2020File: P&L 2019.pdf-
Cash Flow Statement 2021 - 2022File: IS 2021.pdf-
Cash Flow Statement 2020 - 2021File: IS 2020.pdf-
Auditor's Report 2021 - 2022File: AR 2021.pdf-
Auditor's Report 2020 - 2021File: AR 2020.pdf-
Auditor's Report 2019 - 2020File: AR 2019.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: ITR 2021-22.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: ITR 2020-21.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2019-20.pdf-
BUILDING LICENCE-
Sanction plan-
single layout final-
Sanction plan-
Sanction plan-
Sanction plan-
specification-
single layout final-
single layout final-
completion reprot by engineer-
legal opinion-
Title deed_compressed-
conversion-
conversion-
proforma allottment letter-
broucher_compressed-
form b_compressed-
affidavit 3(1)-
mescom final order_compressed-
water 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-
Unnamed document-
Unnamed document-
Unnamed document-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

2 kmSRIRAM PLAZAOther 4Dot size: filed unitsN

Filed coordinates, straight-line distance. 4 registered projects within 2 km.

Builder: RAMAKRISHNA SHETTY

RAMAKRISHNA SHETTY has 1 registration on RERA Karnataka, including SRIRAM PLAZA. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if SRIRAM PLAZA is delayed beyond 12 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 SRIRAM PLAZA?

The registered promoter entity is RAMAKRISHNA SHETTY, a proprietorship firm as per the filing. Its GSTIN 29AYKPS7618CIZ0 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 SRIRAM PLAZA?

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 SRIRAM PLAZA?

The professionals named in the filing: Architect: DINESH NAYAK; Engineer: DINESH NAYAK; Chartered Accountant: JEEVAN SHETTY. 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 SRIRAM PLAZA?

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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