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Registration approved Commercial project

INDUS

By Land Trades Builders and Developers

RG-KA-84405 · RERA PRM/KA/RERA/1257/334/PR/210401/004088 · Last updated on RERA Karnataka portal: 20 Mar 2021

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
Feb 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 93 documents Report an error

INDUS is a Commercial project by Land Trades Builders and Developers in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/210401/004088 on 1 Apr 2021. Possession is promised by 10 Feb 2023.

At a glance

Project

  • NameINDUS
  • TypeCommercial
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/210401/004088
  • ReraGenie IDRG-KA-84405

Builder

  • NameLand Trades Builders and Developers
  • Entity typeProprietorship Firm
  • Authorized SignatoryK Shrinath Hebbar
  • Other registrations11 more →
  • Declared earlier projects17 →

Key dates

this monthRegisteredApr 2021PromisedFeb 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Apr 2021
  • Promised completion10 Feb 2023
  • Revised completionNone
  • Buildings1 building record
  • Documents filed93 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
INDUS---01818

The full filing

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

Construction progress by building1

As on 20 Mar 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)Not applicable
Plinth level Beam-
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-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etcNot applicable
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 drawings-

Progress on shared amenities41

As on 20 Mar 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 & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
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 waterYes-
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-
GasNoNot applicable
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 WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable

Land and ownership7

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area585 sq m
Named landowners7
LandownerVillageDistrict
SUDARSHAN S--
VEENA JAGADISH--
ASHOK KUMAR N--
GANAPATHI P--
SRIPATHI KAMATH B--
SANDEEP R SEKARAN--
SANATH KUMAR SHETTY--

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 3.71 cr

Certifying professionals and partners2

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

RoleName
ArchitectGOKULRAJ
EngineerK ANIL HEGDE

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed93

As listed on the registration, under the names the promoter filed them with; the newest 80 of 93 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/210401/004088 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
As per your query raised on 19.03.2021 , Updated the project extent in the project details .File: PROJECT EXTENT.pdf20 Mar 2021
JDAFile: Registered JDA-indus.pdf20 Mar 2021
KHATAFile: Khata - Indus.pdf20 Mar 2021
RELINQUISHMENT DEEDFile: Relinquishment deed -Indus Final.pdf20 Mar 2021
NOC issued by the local water supplyFile: WATER SUPPLY NOC INDUS.jpg8 Mar 2021
local power supplyFile: Mescom-Temporary connection indus.pdf8 Mar 2021
TWO RELINQUISHMENT DEED ARE ATTACHED 1. 3167/20-21 AND 2.4023/20-21File: Relinquishment deed -Indus Final.pdf8 Mar 2021
khataFile: Khata - Indus.pdf8 Mar 2021
JDAFile: Registered JDA-indus.pdf8 Mar 2021
Project extent mentioned in project detail is 664 Sq . Mts . But khata and JDA is uploaded for the eFile: Relinquishment deed -Indus Final.pdf25 Feb 2021
JDAFile: Registered JDA-indus.pdf25 Feb 2021
KHATAFile: Khata - Indus.pdf25 Feb 2021
FIRE NOCFile: Fire noc Indus.pdf25 Feb 2021
MESCOMFile: Mescom-Temporary connection indus.pdf25 Feb 2021
Bank account name should be as per the RERA Bank account directioFile: Rera bank account -Indus.pdf20 Feb 2021
Project extent mentioned in the project detail is 664 Sq . Mts . But khata and JDA is uploaded for tFile: Relinquieshment deed- Indus.pdf20 Feb 2021
Need EC from 05-01-2021 to up to date and in the name of the promoter.File: EC - Indus.pdf20 Feb 2021
In uploaded Joint Affidavit cum Declaration all the landowner's names are not mentioned and all theFile: Affidavit cum declaration.pdf20 Feb 2021
Land Owner Details not uploaded, Inventory details incomplete, Sanctioned floor plans not uploaded,File: site plan Indus.pdf20 Feb 2021
Land Owner Details not uploaded, Inventory details incomplete, Sanctioned floor plans not uploaded,File: section drawing -Indus.pdf20 Feb 2021
Sanctioned floor plans not uploaded,File: Set back plan-indus.pdf20 Feb 2021
Sanctioned floor plans not uploaded,File: Typical floor plans - indus.pdf20 Feb 2021
CertificateFile: Trade License - LT 20-21.pdf-
Commencement certificate -Indus-
site plan Indus-
site plan Indus-
Sale Deed Draft -Indus-
Sale Agreement Draft-Indus-
Sale deed merged-
section drawing -Indus-
site plan Indus-
Proforma of allotment letter-Indus-
Brochure Indus project-
Specification of Indus Project-
Encumbracement certificate -Indus-
Notarized Affidavit- Indus-
Affidavit cum declaration indus-
Khata - Indus-
Registered JDA-indus-
Unnamed document-
Conversion certificate - Indus 1-
Unnamed document-
Unnamed document-
Unnamed document-
Relinquishment deed -Indus Final-
Fire noc Indus-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Stability certificate-Indus-
section drawing -Indus-
site plan Indus-
section drawing -Indus-
Conversion Certificate -Indus final-
Legal opinion -Indus-
Balance Sheet 2019 - 2020File: 19-20.pdf-
Balance Sheet 2018 - 2019File: 18-19.pdf-
Balance Sheet 2017 - 2018File: 17-18.pdf-
Audited Profit and Loss Statement 2019 - 2020File: 19-20.pdf-
Audited Profit and Loss Statement 2018 - 2019File: 18-19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: 17-18.pdf-
Director's Report 2019 - 2020File: NOT APPL.pdf-
Director's Report 2018 - 2019File: NOT APPL.pdf-
Director's Report 2017 - 2018File: NOT APPL.pdf-
Cash Flow Statement 2019 - 2020File: 19-20.pdf-
Cash Flow Statement 2018 - 2019File: 18-19.pdf-
Auditor's Report 2019 - 2020File: 19-20.pdf-
Auditor's Report 2018 - 2019File: 18-19.pdf-
Auditor's Report 2017 - 2018File: 17-18-min-min_compressed.pdf-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one has not
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

2 kmINDUSOther 96Dot size: filed unitsN

Filed coordinates, straight-line distance. 96 registered projects within 2 km.

Builder: Land Trades Builders and Developers

Land Trades Builders and Developers has 12 registrations on RERA Karnataka, including MAHALAXMI and Laxmi Govind. Its filings declare 17 earlier projects, 13 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 INDUS is delayed beyond 10 Feb 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 INDUS?

The registered promoter entity is Land Trades Builders and Developers, a proprietorship 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 INDUS?

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 INDUS?

The professionals named in the filing: Architect: GOKULRAJ; Engineer: K ANIL HEGDE. 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 INDUS?

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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