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Registration approved Mixed Development project

Abish Residency and Business Center

By Abish Builders Pvt. Ltd.

RG-KA-93344 · RERA PRM/KA/RERA/1257/334/PR/180504/001574 · Last updated on RERA Karnataka portal: 28 Oct 2020

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 5 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
May 2019Possession promisedmoved 5 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 67 documents Report an error

Abish Residency and Business Center is a Mixed Development project by Abish Builders Pvt. Ltd. in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/180504/001574 on 4 May 2018. Possession is promised by 21 May 2019. The completion date has moved by 5 months from the original filing.

At a glance

Project

  • NameAbish Residency and Business Center
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1257/334/PR/180504/001574
  • ReraGenie IDRG-KA-93344

Builder

  • NameAbish Builders Pvt. Ltd.
  • Entity typeCompany
  • CINU45205KA2012PTC063663
  • Authorized SignatoryPushparaj Jain

Key dates

this monthRegisteredMay 2018First promiseDec 2018Revised toMay 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 May 2018
  • Promised completion21 May 2019
  • Revised completionRevised to 21 May 2019 (originally 31 Dec 2018)
  • Buildings2 building records
  • Documents filed67 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ABISH RESIDENCY---42042
ABISH BUSINESS CENTER---08484

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 28 Oct 2020, 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.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
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-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 28 Oct 2020, 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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
GasYes-
Water and SanitationYes-
Air Conditioning And incerntionYes-
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area3,683 sq m
Named landownersNone

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.

Separate project accountDeclared
Estimated costRs 31.22 cr

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EX/PRM/KA/RERA/1257/334/PR/201125/001574Dec 2018 → May 2019

Reason as filed by the promoterDelay in Approvals; Shortage of Building Materials, Concrete, Jalli etc

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed67

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/1257/334/PR/180504/001574 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Affidavit for extension in RERA Prescribed formFile: Ex 7 affidavit for project extension.pdf28 Oct 2020
Affidavit abiding Sec 18(1) of RERA ActFile: Affidavit as per sec 18 of RERA act.pdf28 Oct 2020
CA Certificate for Fund RequiredFile: EX 4-CA Certificate Fund Required.pdf28 Oct 2020
Bank StatementFile: UBI Statement.pdf28 Oct 2020
Occupancy Certificate for Residential portionFile: Residential-Occupancy Certificate.pdf28 Oct 2020
Partial Occupancy Certificate for Commercial buildingFile: PCommercial-Partial Occupancy Certificate.pdf28 Oct 2020
Occupancy Certificate for Commercial buildingFile: Commercial Occupancy Certificate.pdf28 Oct 2020
CertificateFile: Company registration Certificate.jpg-
Architect Certificate for Work Completion Schedule till DateFile: Architect's certificate-Status Of work -Project Extension0320-ilovepdf-compressed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer's certificate-Status Of work -Project Extension0321-ilovepdf-compressed.pdf-
CA Certificate for Funds UtilizationFile: auditor Certificate.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect's certificate-Pending work -Project Extension0319-ilovepdf-compressed.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineers's certificate-Pending work -Project Extension0318-ilovepdf-compressed.pdf-
CA Certificate for Funds required for Project CompletionFile: auditor Certificate.pdf-
AffidavitFile: Affvidavit 0317-ilovepdf-compressed (1).pdf-
Latest Encumbrance Certificate-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Affvidavit 0317-ilovepdf-compressed (1).pdf-
1-
composite-
scan_20170805_0004-
Sale deed-Abish Residence-
Blank Agreement-
Prashanthh-
allottment letter-
EC-
Khata-
1-
salewdeed-
conversion-
1-
Balance Sheet 2016 - 2017File: Balance Sheet.jpg-
Balance Sheet 2015 - 2016File: Balance sheet 2014-15.jpg-
Balance Sheet 2014 - 2015File: Balance sheet 2013-14.jpg-
Audited Profit and Loss Statement 2016 - 2017File: Statement of profit and loss.jpg-
Audited Profit and Loss Statement 2015 - 2016File: statement of Profit and Loss.jpg-
Audited Profit and Loss Statement 2014 - 2015File: Profit and Loss.jpg-
Director's Report 2016 - 2017File: Directors Report(1).pdf-
Director's Report 2015 - 2016File: Directors Report(1).pdf-
Director's Report 2014 - 2015File: Directors Report-2014.pdf-
Cash Flow Statement 2016 - 2017File: Cash flow statement.jpg-
Cash Flow Statement 2015 - 2016File: Cash Flow statement.jpg-
Auditor's Report 2016 - 2017File: Auditors Report.pdf-
Auditor's Report 2015 - 2016File: Auditors Report.pdf-
Auditor's Report 2014 - 2015File: Auditors Report.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: IT return 2015-16.jpg-
Income Tax Return Acknowledgement 2015 - 2016File: IT return 2014-15.jpg-
Income Tax Return Acknowledgement 2014 - 2015File: IT return 2013-14.jpg-
formb-
Prospectus/BrochureFile: 2.jpg-
Advertisement Copy 1File: 2.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_180504_001574.xlsx-
Loan raised documentFile: Form 4 Completion.pdf-
Delay ReasonFile: Extension Affidavit.pdf-
NOC issued by the Fire Force department after completion of workFile: Fire Certificate.pdf-
Occupancy CertificateFile: Completion and Occupency Certificate.pdf-
Consent for operation issued by KSPCBFile: KSPCB Certificate.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Lift Certificate.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: Electricity Certificate.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: Water approval.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: Form-5 (Residential) & Commercial.pdf-
Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: Form-5 (Residential) & Commercial.pdf-
Architect certificate for having completed the work(in format no 5)File: Form-6 (Commercial) & Residential.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4 Completion.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Completion Affidavit.pdf-
Sale AgreementFile: Sale Agreement.pdf-
Sale deedFile: Sale Deed.pdf-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 5 months
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Builder: Abish Builders Pvt. Ltd.

Abish Builders Pvt. Ltd. has 1 registration on RERA Karnataka, including Abish Residency and Business Center. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if Abish Residency and Business Center is delayed beyond 21 May 2019?

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 Abish Residency and Business Center?

The registered promoter entity is Abish Builders Pvt. Ltd., a company as per the filing. Its CIN U45205KA2012PTC063663 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 Abish Residency and Business Center?

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.

What should I check before booking in Abish Residency and Business Center?

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; why the completion date was revised and what the new timeline depends on.

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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