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Registration approved Residential/Group Housing project

Bhavani Red Coral

By Bhavani Builders and Developers

RG-KA-25386 · RERA PRM/KA/RERA/1273/318/PR/180313/002224 · Last updated on RERA Karnataka portal: Not stated

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
May 2020Possession promisedno revision filed
0 of 16Construction stages donefurthest along: Earth work and other leveling..., 0%
46 of 46Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 45 documents Report an error

Bhavani Red Coral is a Residential/Group Housing project by Bhavani Builders and Developers in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/180313/002224 on 13 Mar 2018. Possession is promised by 23 May 2020. 0 of the 46 units on this registration are recorded sold or booked, and 0 of 16 construction stages are filed complete.

At a glance

Project

  • NameBhavani Red Coral
  • TypeResidential/Group Housing
  • Location
    • Udupi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1273/318/PR/180313/002224
  • ReraGenie IDRG-KA-25386

Builder

  • NameBhavani Builders and Developers
  • Entity typePartnership Firm
  • Authorized SignatoryNarayana Achar
  • OthersBhavani, Udaya kumar, Narayana Achar, Puneeth Kumar

Key dates

this monthRegisteredMar 2018PromisedMay 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on13 Mar 2018
  • Promised completion23 May 2020
  • Revised completionNone
  • Buildings1 building record
  • Documents filed45 files

Current status

0%0 of 46 units booked

Figures as on Not stated, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BHAVANI RED CORAL-----46

The full filing

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

Construction progress by building1

As on Not stated, 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.

0 of 16 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.

Building: 0% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
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)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

As on Not stated, 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 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 conservationNoNot applicable
Energy managementYes-
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterNoNot applicable
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 incerntionNoNot applicable
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 WallNoNot applicable
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyNoNot applicable

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 area1,140 sq m
Land owned byNot the promoter
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 5.54 cr

Certifying professionals and partners2

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

RoleName
ArchitectYogishchandra Dhara
EngineerM Gopal Bhat

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed45

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/1273/318/PR/180313/002224 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Bhavani firm reg cert020.pdf-
commencement_certBuilding_licence-
PLAN3-
site plan 001new-
Proforma_sale_deed_bhavani-
Proforma_sale_deed_bhavani-
land_document_sale_deed-
approved_sect_plan_NOT_APPLICABLE_2-
Area_devlp_plan_NOT_APPLICABLE_3-
Proforma_allotment_letter_NOT_APPLICABLE__4-
bhavani_broucher-
Project_specification-
bhavani_encumb_cert-
khata-
Area_devlp_plan_NOT_APPLICABLE_3-
Doc_of_title-Partnership_deed-
conversion3-
other_NOC-
Unnamed document-
bhavani_broucher-
site_plan_001new-
approved_sect_plan_NOT_APPLICABLE_2-
Balance Sheet 2016 - 2017File: Not_Applicable_audit_report.pdf-
Balance Sheet 2015 - 2016File: Not_Applicable_audit_report.pdf-
Balance Sheet 2014 - 2015File: Not_Applicable_audit_report.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Not_Applicable_audit_report.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Not_Applicable_audit_report.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Not_Applicable_audit_report.pdf-
Director's Report 2016 - 2017File: Dir_report_and_cash_flowNOT_APPLICABLE_.pdf-
Director's Report 2015 - 2016File: Dir_report_and_cash_flowNOT_APPLICABLE_.pdf-
Director's Report 2014 - 2015File: Dir_report_and_cash_flowNOT_APPLICABLE_.pdf-
Cash Flow Statement 2016 - 2017File: Dir_report_and_cash_flowNOT_APPLICABLE_.pdf-
Cash Flow Statement 2015 - 2016File: Dir_report_and_cash_flowNOT_APPLICABLE_.pdf-
Auditor's Report 2016 - 2017File: Not_Applicable_audit_report.pdf-
Auditor's Report 2015 - 2016File: Not_Applicable_audit_report.pdf-
Auditor's Report 2014 - 2015File: Not_Applicable_audit_report.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Not_Applicable_IT_acckdmt_report.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Not_Applicable_IT_acckdmt_report.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: Not_Applicable_IT_acckdmt_report.pdf-
FORM_B_AFFIDAVIT-
Tower Excel SheetFile: PRM_KA_RERA_1273_318_PR_180313_002224 (1).xlsx-
Occupancy CertificateFile: Occuopancy Certificate.pdf-
Completion certificate issued by the competent authorityFile: Project Completion Certificate.pdf-
Registered Agreement of SaleFile: Note for Agreement to Sale.pdf-
Registered conveyance deed for an individual unitFile: Note for Registered Sale Deed.pdf-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Builder: Bhavani Builders and Developers

Bhavani Builders and Developers has 1 registration on RERA Karnataka, including Bhavani Red Coral. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if Bhavani Red Coral is delayed beyond 23 May 2020?

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 Bhavani Red Coral?

The registered promoter entity is Bhavani Builders and Developers, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 Bhavani Red Coral?

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 Bhavani Red Coral?

The professionals named in the filing: Architect: Yogishchandra Dhara; Engineer: M Gopal Bhat. 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 Bhavani Red Coral?

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; whether construction progress keeps pace with sales in the coming quarters.

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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