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Registration approved Plotted Development project

GOLDEN BLOSSOM

By MILAN M PARIKH

RG-KA-31018 · RERA PRM/KA/RERA/1274/350/PR/180420/001501

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2018Possession promisedno revision filed
1Complaints at RERA Karnatakaon this registration
Jump to the 33 documents Report an error

GOLDEN BLOSSOM is a Plotted Development project by MILAN M PARIKH in Uttara Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1274/350/PR/180420/001501 on 20 Apr 2018. Possession is promised by 31 Dec 2018. 1 complaint is on record with the regulator.

At a glance

Project

  • NameGOLDEN BLOSSOM
  • TypePlotted Development
  • Location
    • Uttara Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1274/350/PR/180420/001501
  • ReraGenie IDRG-KA-31018

Builder

  • NameMILAN M PARIKH
  • Declared earlier projects1 →

Key dates

this monthRegisteredApr 2018PromisedDec 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on20 Apr 2018
  • Promised completion31 Dec 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed33 files

The full filing

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

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 area200,642 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 38.38 cr

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/200525/0005930-MILAN M PARIKH25/05/2020

Documents filed33

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/1274/350/PR/180420/001501 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
gb land-
Golden blossom - Master Plan-
Site Map1-
Golden Blossom CA Certificate-
Agreement Draft Copy-
gb land-
Golden blossom - Master Plan-
Site Map1-
gb allotment letter-
GOLDEN BLOSSOM-
gb land-
Golden Blossom CA Certificate-
gb land-
gb land-
gb land-
Balance Sheet 2015 - 2016File: BS 2016.PDF-
Balance Sheet 2014 - 2015File: BS 2015.PDF-
Balance Sheet 2013 - 2014File: BS 2014.PDF-
Audited Profit and Loss Statement 2015 - 2016File: PL 2016.PDF-
Audited Profit and Loss Statement 2014 - 2015File: PL 2015.PDF-
Audited Profit and Loss Statement 2013 - 2014File: PL 2014.PDF-
Director's Report 2015 - 2016File: AUDIT REPORT 2016.PDF-
Director's Report 2014 - 2015File: AUDIT REPORT 2015.PDF-
Director's Report 2013 - 2014File: AUDIT REPORT 2014.PDF-
Cash Flow Statement 2015 - 2016File: PL 2016.PDF-
Cash Flow Statement 2014 - 2015File: PL 2015.PDF-
Auditor's Report 2015 - 2016File: AUDIT REPORT 2016.PDF-
Auditor's Report 2014 - 2015File: AUDIT REPORT 2015.PDF-
Auditor's Report 2013 - 2014File: AUDIT REPORT 2014.PDF-
Income Tax Return Acknowledgement 2015 - 2016File: IT 2016.PDF-
Income Tax Return Acknowledgement 2014 - 2015File: IT 2015.PDF-
Income Tax Return Acknowledgement 2013 - 2014File: IT 2014.PDF-
Form B- (GB)-

Promoter's earlier projects1

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.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
GOLDEN BLOSSOM-OngoingSep 2017Not delivered

How this compares with Uttara Kannada

22%of Uttara Kannada projects moved their completion datethis one has not
0%of Uttara Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 100+ Uttara Kannada projects on ReraGenie, from their own filings.

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Builder: MILAN M PARIKH

MILAN M PARIKH has 1 registration on RERA Karnataka, including GOLDEN BLOSSOM. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Uttara Kannada district page.

Frequently asked questions

What are my rights if GOLDEN BLOSSOM is delayed beyond 31 Dec 2018?

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 GOLDEN BLOSSOM?

The registered promoter entity is MILAN M PARIKH. 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 GOLDEN BLOSSOM?

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.

How do I read the complaint cases filed against GOLDEN BLOSSOM?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

What should I check before booking in GOLDEN BLOSSOM?

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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About GOLDEN BLOSSOM. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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