Akasha By Essem18
RERA Property Intelligence Report · Preview
Essem18 Developers · Bengaluru South · K-RERA PRM/KA/RERA/1251/310/PR/281125/008284
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 |
|---|---|---|
| Approved plan number | BMICAPA/01/20/2025-26 | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 18-10-2025 | |
| Project start date | 01-10-2025 |
🔒 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.
3 of 22 compliance document slots are filed as Not Applicable; the remaining 19 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 3 applicable approvals are on file; still outstanding: Horticulture department. Confirm each has been granted, not merely applied for, before booking.
8 further authority slots are marked not applicable by the regulator.
| Authority / NOC | Status | Date | File |
|---|---|---|---|
| Water supply and sewage board | Approved | 13-09-2024 | AGARA NOC - BWSSB.pdf |
| KPTCL- BESCOM | Approved | 19-11-2025 | NOC BESCOM.pdf |
| Horticulture department | To Be Applied | - | View NOC |
K-RERA names 2 project professional/vendor rows across Chartered accountant, 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 |
|---|---|---|---|---|
| Chartered accountant | Prakash N | 222431 | 2014 | Bengaluru Urban, Karnataka - 560035 |
| Engineer | H. N. Somashekar | BCCL/BL3.6/E0109/21-22 | 2003 | Bengaluru Urban, Karnataka - 560036 |
Essem18 Developers has 5 other K-RERA-registered projects in our records (average reported construction progress 28%). 3 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.
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, ₹1.60 Cr withdrawn from the project's escrow account.
| Construction progress | 15% → 30% (+15 pts) |
| Buyer collections in available QPRs | ₹4.06 Cr |
| Escrow withdrawals in available QPRs | ₹1.60 Cr (0.39x 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.
The estimated cost above is the developer's declared construction cost only (K-RERA's own label: "Estimated Cost of Construction as certified by Engineer") — it excludes land cost, so it isn't comparable to the buyer-collection figures below or to a sale price.
RERA 70% project account is on file: KOTAK MAHINDRA BANK GANDHI BAZAR, BASAVANAGUDI IFSC Code : KKBK0000423 Pin Code : 560004. 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 ~16 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Electronic City | 16 km |
| MG Road / city centre | 16 km |
| Bellandur–Marathahalli belt | 21 km |
| Outer Ring Road / Manyata | 24 km |
| Whitefield IT hub | 29 km |
| Kempegowda Int'l Airport | 43 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 The Valley By Essem18 Phase 1?
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: Century OneWorld Seraya (plotted) → · 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 Essem18 Developers. View Essem18 Developers'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: 27 Jul 2026