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Registration approved Residential/Group Housing project

Ideal Residency A Block

By IDEAL PROMOTERS

RG-KA-59579 · RERA PRM/KA/RERA/1273/318/PR/200123/003227 · Last updated on RERA Karnataka portal: 21 Jan 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
Sep 2022Possession promisedmoved 9 months from the original
0 of 19Construction stages donefurthest along: Earth work and other leveling..., 0%
22 of 22Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 68 documents Report an error

Ideal Residency A Block is a Residential/Group Housing project by IDEAL PROMOTERS in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/200123/003227 on 23 Jan 2020. Possession is promised by 30 Sep 2022. The completion date has moved by 9 months from the original filing. 0 of the 22 units on this registration are recorded sold or booked, and 0 of 19 construction stages are filed complete.

At a glance

Project

  • NameIdeal Residency A Block
  • TypeResidential/Group Housing
  • Location
    • Udupi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/318/PR/200123/003227
  • ReraGenie IDRG-KA-59579

Builder

  • NameIDEAL PROMOTERS
  • Entity typePartnership Firm
  • Authorized SignatoryShahe Nawaz

Key dates

this monthRegisteredJan 2020First promiseDec 2021Revised toSep 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 Jan 2020
  • Promised completion30 Sep 2022
  • Revised completionRevised to 30 Sep 2022 (originally 31 Dec 2021)
  • Buildings1 building record
  • Documents filed68 files

Current status

0%0 of 22 units booked

Figures as on 21 Jan 2020, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
IDEAL RESIDENCY A BLOCK---22022

The full filing

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

Construction progress by building1

As on 21 Jan 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.

0 of 19 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 work-
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 21 Jan 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 & FootpathsYes-
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
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 PoolYes-
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 escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
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 area1,355 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 6.80 cr

Certifying professionals and partners2

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

RoleName
ArchitectBhagwan Das
EngineerBhagwan Das

Extensions applied for1

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

ExtensionDec 2021 → Sep 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed68

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/200123/003227 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
EXPLANATIONFile: WE HAVE ATTACHED THE AUDITED BALANCE SHEET AND PROFIT AND LOSS ACCOUNT FOR THE YEAR 2017.p21 Jan 2020
2017-18 PROFIT AND LOSSFile: PNL18-19.pdf21 Jan 2020
2018-19 PROFIT AND LOSSFile: PNL19-201.pdf21 Jan 2020
BALANCE SHEET 2017-18File: BALSHEET18-201.pdf21 Jan 2020
BALANCE SHEET 2018-19File: BALSHEET19-201.pdf21 Jan 2020
AUDIT REPORTFile: AUDIT REPORT.pdf21 Jan 2020
AUDITED BALANCE SHEET 2017-18File: BAL SHEET 2017-18.pdf13 Jan 2020
BALANCE SHEET 2018-19File: BAL SHEET 2018-19.pdf13 Jan 2020
PROFIT AND LOSS 2017-18File: PNL 2017-18.pdf13 Jan 2020
PROFIT AND LOSS 2018-19File: PNL 2018-19.pdf13 Jan 2020
AUDITORS REPORT 2017-18File: AUDIT REPORT 2017-18 comressed.pdf13 Jan 2020
AUDITORS REPORT 2018-19,2019-20File: AUDIT REPORT.pdf13 Jan 2020
BALANCE SHEET 2018-19File: BAL SHEET 2018-19.pdf23 Dec 2019
BALANCE SHEET 2019-20File: BAL SHEET 2019-20.pdf23 Dec 2019
PROFIT AND LOSS 2018-19File: PNL 2018-19.pdf23 Dec 2019
PROFIT AND LOSS 2019-20File: PNL 2019-20.pdf23 Dec 2019
CASH FLOW AND AUDIT REPORTFile: CASH FLOW AND AUDIT REPORT.pdf23 Dec 2019
PREVIOUS PROJECT DETAILS: B BLOCKFile: BLOCK B.pdf23 Dec 2019
PREVIOUS PROJECT DETAILS: C BLOCKFile: BLOCK C.pdf23 Dec 2019
Affidavit under sec 3(1)File: sec3.pdf23 Dec 2019
SANCTIONED PLANFile: MYSCAN_20191228_0009 (1).PDF23 Dec 2019
NOC FROM AIRPORT AUTHORITYFile: AIRPORT.pdf23 Dec 2019
NOC FROM POLLUTION CONTROLFile: NOC_From_Pollution_Baord.pdf23 Dec 2019
NOC FROM WATERFile: water supply.pdf23 Dec 2019
CertificateFile: firm registration certificate.jpg-
Architect Certificate for Work Completion Schedule till DateFile: Form Ex1 Architect.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Form Ex5 Engineer.pdf-
CA Certificate for Funds UtilizationFile: Form-Ex3_IDEAL Promotors.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Form Ex2 Architect.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Form Ex6 Engineer.pdf-
CA Certificate for Funds required for Project CompletionFile: Form-Ex4_IDEAL Promotors.pdf-
AffidavitFile: Ex 7_compressed.pdf-
Latest Encumbrance CertificateFile: EC_compressed.pdf-
Consent letter from 2/3rd of AllotteesFile: Resolution_11zon.pdf-
Details Of Sold/ Un-sold UnitsFile: Flat Sold and Unsold.pdf-
COMMENEMENT CERTIFICATE-
PLOT-
single layout-
DRAFT Sale DEED-
agreement to sale-
sale deeds and rtc-
PLOT-
Allotment Letter-
BROCHURE-
EC-
KHATA-
conversion-
NOC_From_Pollution_Baord-
AIRPORT-
Balance Sheet 2018 - 2019File: BAL SHEET 2017-18.pdf-
Balance Sheet 2017 - 2018File: BAL SHEET 2018-19.pdf-
Balance Sheet 2016 - 2017File: BAL SHEET 2019-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: PNL 2017-18.pdf-
Audited Profit and Loss Statement 2017 - 2018File: PNL 2018-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: PNL 2019-20.pdf-
Auditor's Report 2018 - 2019File: AUDIT REPORT 2017-18 comressed.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ACK 2017-18.jpg-
Income Tax Return Acknowledgement 2017 - 2018File: ACK2018-19.jpg-
Income Tax Return Acknowledgement 2016 - 2017File: ACK 2019-20.pdf-
FORM B (1)-
Prospectus/BrochureFile: BROCHURE.jpg-
Tower Excel SheetFile: Final Excell 1.xlsx-
Delay ReasonFile: Reason for Delay.pdf-
Occupancy CertificateFile: Occupancy Certificate_Block A.PDF-
Architect certificate for having completed the work(in format no 5)File: Form 5.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: IDEAL_FORM 4 CC Certificate.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: completion affidavit.pdf-
Form 6File: Form 6.pdf-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one moved by 9 months
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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Other projects near Udupi260+ in Udupi

2 kmIdeal Residency A BlockOther 16Dot size: filed unitsN

Filed coordinates, straight-line distance. 16 registered projects within 2 km.

Builder: IDEAL PROMOTERS

IDEAL PROMOTERS has 1 registration on RERA Karnataka, including Ideal Residency A Block. 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 Ideal Residency A Block is delayed beyond 30 Sep 2022?

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 Ideal Residency A Block?

The registered promoter entity is IDEAL PROMOTERS, 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 Ideal Residency A Block?

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 Ideal Residency A Block?

The professionals named in the filing: Architect: Bhagwan Das; Engineer: Bhagwan Das. 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 Ideal Residency A Block?

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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