Lotus Adelaide
RERA Property Intelligence Report · Preview
Lotus Properties · · K-RERA PRM/KA/RERA/1257/333/PR/301024/007189
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 | 92 | Total inventory registered with K-RERA. |
| Official carpet area | 8,178 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Official built-up area | 13,505 sqm | Useful scale context when comparing density and project cost. |
| Registered land area | 3,765 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 3 | 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 | 110 total (98 covered, 10 open) — 1.20 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Approved plan number | Mangalore | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 01-02-2024 | |
| Project start date | 01-04-2024 |
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 |
|---|---|---|---|
| Flat - 2 BHK | 12 | 13% | 80 sqm |
| Flat - 3BHK | 6 | 7% | 67 sqm |
| Villa | 4 | 4% | 180 sqm |
| Flat - 2 BHK | 6 | 7% | 82 sqm |
| Shop | 1 | 1% | 106 sqm |
| Flat - 2 BHK | 12 | 13% | 73 sqm |
| Flat - 2 BHK | 12 | 13% | 73 sqm |
| Flat - 3 BHK | 6 | 7% | 106 sqm |
| Flat - 2 BHK | 6 | 7% | 69 sqm |
| Shop | 1 | 1% | 88 sqm |
| Shop | 1 | 1% | 291 sqm |
| Flat - 2 BHK | 12 | 13% | 73 sqm |
| Flat - 3 BHK | 6 | 7% | 112 sqm |
| Flat - 2 BHK | 6 | 7% | 83 sqm |
| Shop | 1 | 1% | 256 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| Lotus Panav | 16 | 92 | 110 | 45 m |
K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 92 official flat/unit rows, matching the 92 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 |
|---|---|---|---|---|
| 2 BHK | 72 | 67.2-82.9 sqm | 0.0 sqm | 72 |
| 3 BHK | 12 | 106.1-112.4 sqm | 0.0 sqm | 23 |
| NA | 4 | 180.2 sqm | 0.0 sqm | 7 |
| SHOP | 4 | 88.2-291.3 sqm | 0.0 sqm | 8 |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| Lotus Panav | 92 | 67.2-291.3 sqm | 0.0 sqm | 110 |
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| Villa 1 | Lotus Panav | 1 | NA | 180.2 sqm | 0.0 sqm | 2 |
| Villa 2 | Lotus Panav | 1 | NA | 180.2 sqm | 0.0 sqm | 1 |
| Villa 3 | Lotus Panav | 1 | NA | 180.2 sqm | 0.0 sqm | 2 |
| Villa 4 | Lotus Panav | 1 | NA | 180.2 sqm | 0.0 sqm | 2 |
| G1 | Lotus Panav | 1 | SHOP | 256.2 sqm | 0.0 sqm | 2 |
| G2 | Lotus Panav | 1 | SHOP | 106.0 sqm | 0.0 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.
18 of 45 compliance document slots are filed as Not Applicable; the remaining 27 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.
2 of 4 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.
6 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 | 16-03-2024 | PCB - PRANAV.pdf |
| KPTCL- BESCOM | To Be Applied | - | View NOC |
| Fire and Safety | Approved | 25-01-2024 | FIRE NOC - LOTUS PRANAV.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 | CA SRINIVAS UDUPA | 253372 | 2020 | Dakshina Kannada, Karnataka - 575002 |
| Engineer | K. ANIL HEGDE | MNG/BL/11180/23-24 | 1998 | Dakshina Kannada, Karnataka - 575003 |
| Architect | SUPRITH ALVA | CA/2006/38277 | 1967 | Dakshina Kannada, Karnataka - 575002 |
| Contractor | PRANAVA BUILDERSAND DEVELOPERS | - | 2017 | Dakshina Kannada, Karnataka - 575006 |
Lotus Properties has 13 other K-RERA-registered projects in our records (average reported construction progress 74%). 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): ₹1.84 Cr collected from buyers, ₹2.68 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹2.68 Cr) exceeded buyer collections (₹1.84 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.
| Construction progress | 65% → 70% (+5 pts) |
| Buyer collections in available QPRs | ₹5.87 Cr |
| Escrow withdrawals in available QPRs | ₹6.47 Cr (1.10x 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 ₹29.3 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: Bank of Baroda BENDOOR IFSC Code : BARB0VJBEND 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 ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Outer Ring Road / Manyata | 4 km |
| MG Road / city centre | 6 km |
| Bellandur–Marathahalli belt | 15 km |
| Whitefield IT hub | 19 km |
| Electronic City | 22 km |
| Kempegowda Int'l Airport | 23 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.
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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