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Faleiro Elite
RG-KA-78892 · RERA PRM/KA/RERA/1274/351/PR/200304/003317 · Last updated on RERA Karnataka portal: 19 Feb 2020
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 9 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
Saved.
Faleiro Elite is a Mixed Development project by ARSH CONSTRUCTION in Uttara Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1274/351/PR/200304/003317 on 4 Mar 2020. Possession is promised by 30 Sep 2023. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NameFaleiro Elite
- TypeMixed Development
- Location
- Karwar
- Uttara Kannada
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1274/351/PR/200304/003317
- ReraGenie IDRG-KA-78892
Builder
- NameARSH CONSTRUCTION
- Entity typePartnership Firm
- Authorized SignatoryMansoor Momin
- OthersNazima Mansoor Momin
- Other registrations4 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on4 Mar 2020
- Promised completion30 Sep 2023
- Revised completionRevised to 30 Sep 2023 (originally 31 Dec 2022)
- Buildings1 building record
- Documents filed57 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Faleiro Elite | - | - | - | - | - | 80 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 19 Feb 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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | Not applicable |
| Plinth level Beam | Not applicable |
| 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 | Not applicable |
| Plastering inside , outside & Ceiling | Not applicable |
| Joinery: Doors, Windows, Ventilators etc | Not applicable |
| Basic work of Water supply, Sanitary and Electrification | Not applicable |
| Dadoing, Skirting, Flooring, Tiles work (All types) | Not applicable |
| Railing and Grill fixing | Not applicable |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | Not applicable |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities41
As on 19 Feb 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | No | Not applicable |
| Sewage and Drainage System | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | No | Not applicable |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | No | Not applicable |
| Electricity supply transformer and substation | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | No | Not applicable |
| Staircases and Lift lobbies, corridor,lobbies, corridor | No | Not applicable |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | No | Not applicable |
| Outer Wall | No | Not applicable |
| Open parking areas and common storage spaces | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not 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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Khaleel Ahmed |
| Engineer | Vinay Janardhan |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed57
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/1274/351/PR/200304/003317 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Balance SheetFile: Balance sheet.pdf | 19 Feb 2020 |
| Profit and LossFile: profit and loss.pdf | 19 Feb 2020 |
| DeclarationFile: declaration.pdf | 27 Jan 2020 |
| Joint Affidavit cum declarationFile: felioro joint affidavit cum declaration.pdf | 18 Jan 2020 |
| ecFile: encumbrances.pdf | 18 Jan 2020 |
| Auditors reportFile: Auditor’s Report.pdf | 18 Jan 2020 |
| Balance SheetFile: balance sheet.pdf | 9 Jan 2020 |
| Profit & Loss AccountFile: p&l.pdf | 9 Jan 2020 |
| Balance sheetFile: balance sheet.pdf | 27 Dec 2019 |
| profit and Loss AccountFile: p&l.pdf | 27 Dec 2019 |
| ITRFile: itr.pdf | 27 Dec 2019 |
| EncumbranceFile: EC.pdf | 27 Dec 2019 |
| Water Supply NOCFile: water supply noc - declaration.pdf | 27 Dec 2019 |
| Power Supply NOCFile: Power Supply Noc.pdf | 27 Dec 2019 |
| CertificateFile: COI.jpg | - |
| Commencement Certificate | - |
| layout (2) | - |
| layout (2) | - |
| Performa of sale deed | - |
| Performa of Agreement for sale | - |
| sale deed & rtc | - |
| layout (2) | - |
| Area development | - |
| Provisional Allotment Letter Format | - |
| Brouchers declaration | - |
| Project specification | - |
| EC | - |
| AFFIDAVIT | - |
| faleiro elite jda | - |
| rtc | - |
| faleiro elite jda | - |
| layout (2) | - |
| layout and project soecification | - |
| na order | - |
| Balance Sheet 2018 - 2019File: Balance Sheet.pdf | - |
| Balance Sheet 2017 - 2018File: Balance Sheet.pdf | - |
| Balance Sheet 2016 - 2017File: Balance Sheet.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: P & L declaration.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: P & L declaration.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: P & L declaration.pdf | - |
| Director's Report 2018 - 2019File: Directos Report.pdf | - |
| Director's Report 2017 - 2018File: Directos Report.pdf | - |
| Director's Report 2016 - 2017File: Directos Report.pdf | - |
| Cash Flow Statement 2018 - 2019File: Cash flow statement.pdf | - |
| Cash Flow Statement 2017 - 2018File: Cash flow statement.pdf | - |
| Auditor's Report 2018 - 2019File: Auditor’s Report.pdf | - |
| Auditor's Report 2017 - 2018File: Auditor’s Report.pdf | - |
| Auditor's Report 2016 - 2017File: Auditor’s Report.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR declaration.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR declaration.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR declaration.pdf | - |
| FORM B | - |
| Prospectus/BrochureFile: Brochure.pdf | - |
| Advertisement Copy 1File: Brochure.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1274_351_PR_200304_003317 new.xlsx | - |
| Occupancy CertificateFile: Occupancy Certificate- Request Letter Falerio Elite.jpeg | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit- Falerio Elite.pdf | - |
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Builder: ARSH CONSTRUCTION
ARSH CONSTRUCTION has 5 registrations on RERA Karnataka, including Radha Residency and Golden Orchid. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Uttara Kannada district page.
Frequently asked questions
What are my rights if Faleiro Elite is delayed beyond 30 Sep 2023?
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 Faleiro Elite?
The registered promoter entity is ARSH CONSTRUCTION, 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 Faleiro Elite?
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 Faleiro Elite?
The professionals named in the filing: Architect: Khaleel Ahmed; Engineer: Vinay Janardhan. 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 Faleiro Elite?
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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