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VISHVAM SOVEREIGN
By SOVEREIGN BUILDERS & DEVELOPERS
RG-KA-75596 · RERA PRM/KA/RERA/1273/318/PR/230123/005663 · Last updated on RERA Karnataka portal: 18 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
Saved.
VISHVAM SOVEREIGN is a Residential/Group Housing project by SOVEREIGN BUILDERS & DEVELOPERS in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/230123/005663 on 23 Jan 2023. Possession is promised by 31 Dec 2026. 0 of the 27 units on this registration are recorded sold or booked, and 0 of 14 construction stages are filed complete.
At a glance
Project
- NameVISHVAM SOVEREIGN
- TypeResidential/Group Housing
- Location
- Udupi
- PincodeNot stated
- RERA no.PRM/KA/RERA/1273/318/PR/230123/005663
- ReraGenie IDRG-KA-75596
Builder
- NameSOVEREIGN BUILDERS & DEVELOPERS
- Entity typePartnership Firm
- GSTIN29AESFS1962D1ZL
- Authorized SignatoryKRISHNA BHAT P
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on23 Jan 2023
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed78 files
Current status
Figures as on 18 Jan 2023, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VISHVAM SOVEREIGN | - | - | - | 27 | 0 | 27 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 18 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.
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
| Activity | Progress |
|---|---|
| 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 network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | Not applicable |
Progress on shared amenities40
As on 18 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
| Common storage spaces | No | Not 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.
| Landowner | Village | District |
|---|---|---|
| SOVEREIGN BUILDERS & DEVELOPERS | - | - |
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| - | NA | Rs 4.10 cr | - |
| - | NA | Rs 35.00 lakh | - |
| - | NA | Rs 25.00 lakh | - |
| - | NA | Rs 18.00 lakh | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | MAHABALESHWARA BHAT |
| Engineer | RAVEENDRA ACHARYA |
| Chartered Accountant | GANESH M KAMATH |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed78
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/1273/318/PR/230123/005663 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CA CERTIFICATEFile: Ca certiifcate.pdf | 18 Jan 2023 |
| PROVISIONAL BALANCE SHEETFile: provisional balance sheet.pdf | 18 Jan 2023 |
| PROFORMA ALLOTMENT LETTERFile: proforma allotment letter-revised.pdf | 18 Jan 2023 |
| CLARIFICATIONFile: clarification.pdf | 18 Jan 2023 |
| RTC, survey 409/11 | - |
| Mutation, survey 409/11 | - |
| Encumbrance Certificate, survey 409/11 | - |
| Conversion/Alienation Order, survey 409/11 | - |
| Sale/Title/Gift Deed, survey 409/11 | - |
| Khatha, survey 409/11 | - |
| Registration CertificateFile: firm registartion certificate.pdf | - |
| Partnership DeedFile: partnership deed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: Ca certiifcate_compressed.pdf | - |
| Certificate issued by Architect Form 2File: architect certiifcate.pdf | - |
| Certificate issued by Engineer Form 3File: engineer certificate_compressed.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: litigation affidavit.pdf | - |
| Certificate from Chartered AccountFile: Ca certiifcate_compressed.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ca certificate for FS.pdf | - |
| building licence | - |
| sanction plan | - |
| single layout | - |
| sanction plan | - |
| approved sanction plan | - |
| approved sanction plan | - |
| specification | - |
| single layout | - |
| single layout | - |
| stability certificate_compressed | - |
| search report | - |
| title deed | - |
| conversion order_compressed | - |
| conversion order_compressed | - |
| mother deed | - |
| proforma AOS | - |
| proforma allotment letter | - |
| brocuher_compressed | - |
| form b_compressed | - |
| affidavit 3(1) | - |
| mescom noc | - |
| 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 | - |
| danapartra_compressed | - |
| village map Copy | - |
| guidance value | - |
| estimation cost by engineer_compressed | - |
| soak pit drawing | - |
| supplement partnership deed | - |
| sanction plan 1 | - |
| sanction plan 2 | - |
| MASTER PLAN | - |
| Occupancy CertificateFile: OC.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: Architect certificate.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: form 4cc.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: completion affidavit.pdf | - |
| engineer certificateFile: engineer certiifcate.pdf | - |
| completion certificateFile: completion certificate.pdf | - |
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Builder: SOVEREIGN BUILDERS & DEVELOPERS
SOVEREIGN BUILDERS & DEVELOPERS has 1 registration on RERA Karnataka, including VISHVAM SOVEREIGN. 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 VISHVAM SOVEREIGN is delayed beyond 31 Dec 2026?
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 VISHVAM SOVEREIGN?
The registered promoter entity is SOVEREIGN BUILDERS & DEVELOPERS, a partnership firm as per the filing. Its GSTIN 29AESFS1962D1ZL 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 VISHVAM SOVEREIGN?
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 VISHVAM SOVEREIGN?
The professionals named in the filing: Architect: MAHABALESHWARA BHAT; Engineer: RAVEENDRA ACHARYA; Chartered Accountant: GANESH M KAMATH. 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 VISHVAM SOVEREIGN?
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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