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Registration approved Mixed Development project

Bearys Turning Point

By Bearys Properties and Developments Private Limited

RG-KA-29139 · RERA PRM/KA/RERA/1257/334/PR/171123/000451 · Last updated on RERA Karnataka portal: 20 Jan 2021

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Mar 2019Possession promisedmoved 12 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 59 documents Report an error

Bearys Turning Point is a Mixed Development project by Bearys Properties and Developments Private Limited in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171123/000451 on 23 Nov 2017. Possession is promised by 31 Mar 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameBearys Turning Point
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1257/334/PR/171123/000451
  • ReraGenie IDRG-KA-29139

Builder

  • NameBearys Properties and Developments Private Limited
  • Entity typeCompany
  • CINU70102KA2006PTC039578
  • Authorized SignatoryAbubakar Siddique Beary
  • DirectorsMohidin Mazhar Syed Beary, Mohammed Ashraf Beary, Abubakar Siddique Beary, Syed Mohamed Beary
  • Other registrations1 more →
  • No longer live1 withdrawn or revoked
  • Declared earlier projects4 →

Key dates

this monthRegisteredNov 2017First promiseMar 2018Revised toMar 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 Nov 2017
  • Promised completion31 Mar 2019
  • Revised completionRevised to 31 Mar 2019 (originally 31 Mar 2018)
  • Buildings3 building records
  • Documents filed59 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK A (LEO & VIRGO)-----241
BLOCK B (GEMINI)-----79
BLOCK C---03939

The full filing

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

Construction progress by building1

As on 20 Jan 2021, 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)-
Plinth level BeamNot applicable
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
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)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 20 Jan 2021, 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 & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
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 amenitiesYes-
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 HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
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 area13,516 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 58.00 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectN M Salim
EngineerN M Salim

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/220711/000451Mar 2018 → Mar 2019

Reason as filed by the promoterApplied for modification

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed59

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/171123/000451 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Project Extension Notice for Bearys Turning Point Regis.No: PRM/KA/RERA/1257/334/PR/171123/000451File: Reply Letter to KRERA_Bearys Turning Point.PDF20 Jan 2021
CertificateFile: COI - Bearys Properties and Developments Private Limied.pdf-
Certificate form Architect,Engineer,CA etc.File: Final - Certificate CA-Arc-Eng.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Cert_Work Completion.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineers Cert Work Completed.pdf-
CA Certificate for Funds UtilizationFile: CA Cert_Funds Utilised.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Cert_Work Pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineers Cert_Work Pending.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Cert_Fund Required.pdf-
AffidavitFile: Form B_Affidavit.pdf-
Latest Encumbrance Certificate-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Reply Letter to KRERA_Bearys Turning Point.PDF-
1 - Approved Building Plan -BTP-
Approved Layout Plan-
6 - Proforma for sale Deed - Bearys Turning Point-
1 - Proforma of Agreement for sale - Bearys Turning point, Mangalore-
Existing Layout Plan-
Sale Deed Mutation & RTC - BTP-
3 - Approved Section of Building-
Area Development Plan Of Project Area-
3 - BEARYS TURNING POINT -PROFORMA OF ALLOTMENT LETTER-
4 - Brochure - Bearys Turning Point, Mangalore-
All NOCs Combined - BTP-
5 - BEARYS TURNING POINT - PROJECT SPECIFICATIONS-
Encumbrance Certificate - BTP-
BTP - Khata-
JD - BTP-
BTP - Conversion Certificate-
Fire NOC-
NOC from Electricity Department-
NOC- Water supply-
NOC from Pollution Board-
Advocate Search Report - BTP-
Balance Sheet 2015 - 2016File: Bearys Properties - Balance Sheet - 31-03-2016.pdf-
Balance Sheet 2014 - 2015File: Bearys Properties - Balance Sheet - 31-03-2015.pdf-
Balance Sheet 2013 - 2014File: Bearys Properties - Balance Sheet - 31-03-2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Bearys Properties - Profit and Loss - 31-03-2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Bearys Properties - Profit and Loss - 31-03-2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: Bearys Properties - Profit and Loss - 31-03-2014.pdf-
Director's Report 2015 - 2016File: Bearys Properties - Directors Report - 31-03-2016.pdf-
Director's Report 2014 - 2015File: Bearys Properties - Directors Report - 31-03-2015.pdf-
Director's Report 2013 - 2014File: Bearys Properties - Directors Report - 31-03-2014.pdf-
Cash Flow Statement 2015 - 2016File: Bearys Properties - Cash Flow Statement - 31-03-2016.pdf-
Cash Flow Statement 2014 - 2015File: Bearys Properties - Cash Flow Statement - 31-03-2015.pdf-
Auditor's Report 2015 - 2016File: Bearys Properties - Auditors Report - 31-03-2016.pdf-
Auditor's Report 2014 - 2015File: Bearys Properties - Auditors Report - 31-03-2015.pdf-
Auditor's Report 2013 - 2014File: Bearys Properties - Auditors Report - 31-03-2014.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT Return - 31 - 03 - 2016.jpg-
Income Tax Return Acknowledgement 2014 - 2015File: IT Return - 31 - 03 - 2015.jpg-
Income Tax Return Acknowledgement 2013 - 2014File: IT Return - 31 - 03 - 2014.jpg-
Form B - Bearys Turning Point-
Prospectus/BrochureFile: 1_Brochure - Bearys Turning Point, Mangalore.pdf-
Advertisement Copy 1File: BTP Advertisement.jpg-
Tower Excel SheetFile: Undivided Share_PRM_KA_RERA_1257_334_PR_171123_000451.xlsx-
Occupancy CertificateFile: BTP Occupancy Certificate_30032019.pdf-
Completion certificateFile: BTP - Completion Certificate.pdf-
Registered Agreement of SaleFile: 1_Registered Sale Agreement_2015.pdf-
Registered conveyance deed for an individual unitFile: 1_Registered Sale Deed_2019.pdf-

Promoter's earlier projects4

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

4 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Bearys Valencia-CompletedJul 2017No date filed
Bearys Global Research Triangle-CompletedJul 2017No date filed
Bearys City Center-CompletedJul 2017No date filed
Bearys Anugraha-CompletedJul 2017No date filed

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 12 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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Other projects near Dakshina Kannada620+ in Dakshina Kannada

Builder: Bearys Properties and Developments Private Limited

Bearys Properties and Developments Private Limited has 2 registrations on RERA Karnataka, including Bearys Turning Point and Bearys Green Avenue. Its filings declare 4 earlier projects, 4 of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if Bearys Turning Point is delayed beyond 31 Mar 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 Bearys Turning Point?

The registered promoter entity is Bearys Properties and Developments Private Limited, a company as per the filing. Its CIN U70102KA2006PTC039578 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 Bearys Turning Point?

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.

Who certifies construction progress at Bearys Turning Point?

The professionals named in the filing: Architect: N M Salim; Engineer: N M Salim. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in Bearys Turning Point?

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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