Laxmi Govind
RERA Property Intelligence Report · Preview
Land Trades Builders and Developers · · K-RERA PRM/KA/RERA/1257/334/PR/211022/004368
Report coverage
K-RERA registry & builder-record report
What this report covers
To confirm directly with the builder
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk rating, the specific red-flag findings, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the builder before you commit.
Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.
| Disclosure | Official value | Why it matters |
|---|---|---|
| Registered units | 114 | Total inventory registered with K-RERA. |
| Official carpet area | 188 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Registered land area | 5,446 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 4.34 | Higher FAR generally means a denser vertical build, subject to site layout and open-space design. |
| Registered towers/wings | 1 | Official tower/wing count in the K-RERA detail page. |
| Parking disclosed | 239 total (45 open) — 2.10 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Project start date | 28-05-2021 |
K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.
Registered inventory mix
| Type | Units | Share | Official carpet area |
|---|---|---|---|
| Commercial Neighbourhood shop(Minimart) | 1 | 100% | 188 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| Altura | 32 | 114 | 239 | - |
K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 114 official flat/unit rows, matching the 114 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.
By unit type
| Unit type | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| 3BHK | 84 | 1,016.0-1,405.0 sqft | 0.6-0.9 sqft | 84 |
| 4BHK | 29 | 1,701.0-2,970.0 sqft | 1.1-2.1 sqft | 29 |
| 2BHK | 1 | 761.0 sqft | 0.5 sqft | 1 |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| Altura | 114 | 761.0-2,970.0 sqft | 0.5-2.1 sqft | 114 |
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| 301 | Altura | 3 | 3BHK | 1,402.0 sqft | 0.8 sqft | 1 |
| 302 | Altura | 3 | 3BHK | 1,358.0 sqft | 0.7 sqft | 1 |
| 303 | Altura | 3 | 3BHK | 1,016.0 sqft | 0.6 sqft | 1 |
| 304 | Altura | 3 | 2BHK | 761.0 sqft | 0.5 sqft | 1 |
| 401 | Altura | 4 | 3BHK | 1,405.0 sqft | 0.9 sqft | 1 |
| 402 | Altura | 4 | 3BHK | 1,370.0 sqft | 0.8 sqft | 1 |
What the numbers tell you
Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.
🔒 Unit-by-unit guidance · Unit Guidance report
Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.
🔒 Full records — land title, amenities paperwork & document catalog · Compliance report
The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.
No litigation declared on this project's K-RERA filing.
1 of 25 compliance document slots are filed as Not Applicable; the remaining 24 slots have usable uploaded filings.
No completion certificate (OC) on file yet — project has not been declared complete.
⚠ Registration validity has lapsed: originally due 31 Oct 2024, extended (Section 6 Extension) to 31 Oct 2025 — both dates have passed with no OC on file. The extension on file was granted on 25 Oct 2024 (K-RERA extension no. EX/PRM/KA/RERA/1257/334/PR/241025/004368) — it has been used, its deadline has also passed, and no further extension is recorded.
Named utility/regulatory approvals
"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.
Clean approvals profile: every applicable statutory NOC is on file — including Fire NOC, environmental clearance and pollution-control clearance (KSPCB), the clearances buyers most often find still pending. Nothing is outstanding among the statutory NOCs — which compliance documents are filed versus still under process is a separate matter, covered in Litigation & compliance above. Since these are developer-filed portal statuses, have your lawyer confirm them against the linked NOC copies.
3 further authority slots are marked not applicable by the regulator.
| Authority / NOC | Status | Date | File |
|---|---|---|---|
| Water supply and sewage board | Approved | 25-09-2020 | Water NOC.pdf |
| KSPCB- PCB (10 Acres to 125 Acres) | Approved | 02-09-2021 | KSPCB CFE.pdf |
| KSPCB- MOEF (Above 50 Acres) | Approved | 26-03-2021 | MOEF.pdf |
| KPTCL- BESCOM | Approved | 29-09-2021 | MESCOM NOC.pdf |
| Fire and Safety | Approved | 22-01-2021 | Fire noc Altura.pdf |
| Airport Authority of India | Approved | 03-12-0021 | Airport Nocaltura.pdf |
| BSNL/Telecommunication Department | Approved | 22-10-2021 | BSNL NOC.pdf |
K-RERA names 3 project professional/vendor rows across Architect, Contractor, Structural engineer. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.
| Role | Name | Registration / licence | Since | Locality |
|---|---|---|---|---|
| Architect | Peter Mascarenhas | - | 1990 | Albert mansion sturrock road, Falnir mangalore |
| Contractor | Mfar Constructions Pvt Ltd | - | 1990 | kmc mercara trunck road, hampankatta mangalore |
| Structural engineer | Shantilal Hastimal Jain | - | - | - |
Land Trades has 18 other K-RERA-registered projects in our records (average reported construction progress 28%). 0 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder. That is a lower delayed rate than the K-RERA average across Bengaluru on the same measure.
Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.
Latest quarterly filing (2025-Q3): ₹2.07 Cr collected from buyers, ₹3.73 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹3.73 Cr) exceeded buyer collections (₹2.07 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.
| Construction progress | 100% → 100% (+0 pts) |
| Units sold/booked as registered | 83/114 (73%) |
| Buyer collections in available QPRs | ₹2.07 Cr |
| Escrow withdrawals in available QPRs | ₹3.73 Cr (1.80x collections) |
QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.
Declared construction cost ÷ registered units averages to ₹85.9 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.
RERA 70% project account is on file: Karnataka Bank Ltd. Kodialbail (IFSC KARB0000476, a/c …5801). RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.
The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Bellandur–Marathahalli belt | 1 km |
| Whitefield IT hub | 8 km |
| Electronic City | 10 km |
| MG Road / city centre | 11 km |
| Outer Ring Road / Manyata | 15 km |
| Kempegowda Int'l Airport | 30 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.
Should you buy in ALTURA?
This page is the free K-RERA filing summary. The full RERA Property Intelligence Report gives you buyer-complaint history, regulatory flags, builder track record, the official unit register, land title, NOCs, and (where the sanctioned plans support it) room-by-room unit data and an annotated site plan. See a real one first:
Sample: Sobha Silicon Oasis → · browse all sample reports →
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Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.
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Last checked against the RERA register: 16 Jul 2026