Lotus Atharva
RERA Property Intelligence Report · Preview
LOTUS PROPERTIES · · K-RERA PRM/KA/RERA/1257/334/PR/120923/006250
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 | 60 | Total inventory registered with K-RERA. |
| Official carpet area | 12,750 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Official built-up area | 22,094 sqm | Useful scale context when comparing density and project cost. |
| Registered land area | 2,791 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 5 | 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 | 142 total (142 covered, 0 open) — 2.37 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Approved plan number | E9/BA.01/2023-24(160864) | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 01-06-2023 | |
| Project start date | 01-07-2023 |
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 |
|---|---|---|---|
| 3 BHK | 10 | 17% | 165 sqm |
| 5 BHK | 8 | 14% | 318 sqm |
| 3 BHK | 11 | 19% | 161 sqm |
| 3 BHK | 10 | 17% | 163 sqm |
| 3 BHK | 12 | 20% | 166 sqm |
| 5 BHK | 8 | 14% | 333 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| LOTUS ADELAIDE | 40 | 60 | 142 | 145 m |
K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 60 official flat/unit rows, matching the 60 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 |
|---|---|---|---|---|
| 3 BHK | 42 | 160.5-166.0 sqm | 1.2-1.3 sqm | 88 |
| 5 BHK | 18 | 318.4-333.0 sqm | 2.5-2.6 sqm | 54 |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| LOTUS ADELAIDE | 60 | 160.5-333.0 sqm | 1.2-2.6 sqm | 142 |
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| 201 | LOTUS ADELAIDE | 2 | 3 BHK | 166.0 sqm | 1.3 sqm | 2 |
| 202 | LOTUS ADELAIDE | 2 | 3 BHK | 165.8 sqm | 1.3 sqm | 2 |
| 301 | LOTUS ADELAIDE | 3 | 3 BHK | 160.5 sqm | 1.2 sqm | 2 |
| 302 | LOTUS ADELAIDE | 3 | 3 BHK | 163.3 sqm | 1.3 sqm | 2 |
| 401 | LOTUS ADELAIDE | 4 | 3 BHK | 166.0 sqm | 1.3 sqm | 2 |
| 402 | LOTUS ADELAIDE | 4 | 3 BHK | 165.8 sqm | 1.3 sqm | 2 |
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.
21 of 43 compliance document slots are filed as Not Applicable; the remaining 22 slots have usable uploaded filings.
No completion certificate (OC) on file yet — project has not been declared complete.
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.
3 of 5 applicable approvals are on file; still outstanding: Water supply and sewage board and KPTCL- BESCOM. Confirm each has been granted, not merely applied for, before booking.
5 further authority slots are marked not applicable by the regulator.
| Authority / NOC | Status | Date | File |
|---|---|---|---|
| Water supply and sewage board | To Be Applied | - | View NOC |
| KSPCB- PCB (10 Acres to 125 Acres) | Approved | 17-05-2023 | PCB - Adelaide.pdf |
| KPTCL- BESCOM | To Be Applied | - | View NOC |
| Fire and Safety | Approved | 24-03-2023 | Fire NOC Adelaide.pdf |
| Airport Authority of India | Approved | 12-04-2023 | Airport NOC.PDF |
K-RERA names 4 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. 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 |
|---|---|---|---|---|
| Chartered accountant | Colin Oswald Rodrigues | 223988 | 2015 | Dakshina Kannada, Karnataka - 574213 |
| Engineer | K. ANIL HEGDE | MNG/BL/10124/20-21 | 1998 | Dakshina Kannada, Karnataka - 575003 |
| Architect | SUPRITH ALVA | CA/2006/38277 | 1967 | Dakshina Kannada, Karnataka - 575002 |
| Contractor | PRANAVA BUILDERS AND DEVELOPERS | - | 2017 | Dakshina Kannada, Karnataka - 575006 |
Lotus Properties has 13 other K-RERA-registered projects in our records (average reported construction progress 77%). 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-Q4): ₹2.58 Cr collected from buyers, ₹2.47 Cr withdrawn from the project's escrow account.
| Construction progress | 45% → 53% (+8 pts) |
| Units sold/booked as registered | 23/60 (38%) |
| Buyer collections in available QPRs | ₹5.72 Cr |
| Escrow withdrawals in available QPRs | ₹5.87 Cr (1.03x 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 ₹76.2 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: HDFC GROUND FLOOR MN TOWER KADRI SHIVBAGH MANGALORE IFSC Code : HDFC0000094 Pin Code : 575002. 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 ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| MG Road / city centre | 5 km |
| Outer Ring Road / Manyata | 11 km |
| Bellandur–Marathahalli belt | 13 km |
| Electronic City | 16 km |
| Whitefield IT hub | 20 km |
| Kempegowda Int'l Airport | 31 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 LOTUS ADELAIDE?
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 →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Built by Lotus Properties. View Lotus Properties's full track record →
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