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Lotus Paradise Elite
RG-KA-88192 · RERA PRM/KA/RERA/1257/334/PR/220523/004891 · Last updated on RERA Karnataka portal: 28 Apr 2022
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
Saved.
Lotus Paradise Elite is a Commercial project by Lotus Properties in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/220523/004891 on 23 May 2022. Possession is promised by 28 Feb 2024. The completion date has moved by 12 months from the original filing.
At a glance
Project
- NameLotus Paradise Elite
- TypeCommercial
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/334/PR/220523/004891
- ReraGenie IDRG-KA-88192
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on23 May 2022
- Promised completion28 Feb 2024
- Revised completionRevised to 28 Feb 2024 (originally 28 Feb 2023)
- Buildings1 building record
- Documents filed92 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Lotus Paradise Elite | - | - | - | 0 | 40 | 40 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 28 Apr 2022, 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) | - |
| 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 | Not 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 work | Not applicable |
| 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 28 Apr 2022, 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 | Yes | - |
| 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 | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| 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 | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| 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 | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| 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 | Yes | - |
Land and ownership4
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Lotus Properties | - | - |
| Aravind Kudgi Shenoy | - | - |
| Avalon Lennox Patrao | - | - |
| Paradise Properties | - | - |
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 | Madhukar B |
| Engineer | K.Anil Hegde |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterothers
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed92
As listed on the registration, under the names the promoter filed them with; the newest 80 of 92 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/220523/004891 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Please find the attached Sale deed between Lotus Properties & Paradise PropertiesFile: Sale Deed-compressed.pdf | 28 Apr 2022 |
| Please find the attached E Khata between Lotus Properties & Paradise PropertiesFile: E -Khatha.PDF | 28 Apr 2022 |
| Please find the attached proforma of AOS with payment plan notified by GOKFile: AOS.pdf | 28 Apr 2022 |
| Please find the attached STP demarcated location site planFile: STP Site Plan.pdf | 28 Apr 2022 |
| Please find the attached STP design & drawingsFile: STP Design Drawing.pdf | 28 Apr 2022 |
| Please find the attached Mescom NOC notarised copy along with payment receiptFile: Mescom Noc - Attested with Payment Challan.pdf | 28 Apr 2022 |
| 1. bank account change - UPLOADEDFile: RERA Account.PDF | 19 Mar 2022 |
| 2. BALANCE SHEET 2018-19 - UPLOADEDFile: BS 2018-19.pdf | 19 Mar 2022 |
| 3. PROFIT & LOSS A/C 2018-19 - UPLOADEDFile: PL2018-19.pdf | 19 Mar 2022 |
| 4. ITR 2018-19 - UPLOADEDFile: ITR 2018-19.pdf | 19 Mar 2022 |
| 5. BALANCE SHEET 2019-20 - UPLOADEDFile: BS 2019-20.pdf | 19 Mar 2022 |
| 6. PROFIT & LOSS A/C 2019-20 - UPLOADEDFile: PL 2019-20.pdf | 19 Mar 2022 |
| 7. BALANCE SHEET 2020-21 - UPLOADEDFile: BS 2020-21.pdf | 19 Mar 2022 |
| 8. PROFIT & LOSS A/C 2020-21 - UPLOADEDFile: PL 2020-21.pdf | 19 Mar 2022 |
| 9.ITR 2021-22 - UPLOADEDFile: ITR 2021 22.pdf | 19 Mar 2022 |
| 10. CONVERSION ORDER FOR 12CENTS - UPLOADEDFile: Conversion Order - Revised.pdf | 19 Mar 2022 |
| 11. MOU - UPLOADEDFile: MOU- Elite .pdf | 19 Mar 2022 |
| 12. PARTNERSHIP DEED - UPLOADEDFile: Partnership Deed.pdf | 19 Mar 2022 |
| 13. WATER NOC - UPLOADEDFile: Water NOC.PDF | 19 Mar 2022 |
| RERA BANK ACCOUNTFile: RERA Account - Lotus Paradise Elite.pdf | 28 Jun 2021 |
| Approved PlanFile: Plan.pdf | 28 Jun 2021 |
| BANK ACCOUNTFile: Bank Account Details - Elite.PDF | 19 May 2021 |
| APPROVED PLANFile: Licence with Plan - Elite.pdf | 19 May 2021 |
| AREA STATEMENT PLANFile: Plan Elite.pdf | 19 May 2021 |
| AFFIDAVIT UNDER SEC3(1)File: affidavit.PDF | 19 May 2021 |
| CertificateFile: Firm Registration -LP.PDF | - |
| Architect Certificate for Work Completion Schedule till DateFile: EX 1 - Architect.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: EX 5 - Enginner.pdf | - |
| CA Certificate for Funds UtilizationFile: Form-Ex3 Chartered Accountant Certificate For Fund Utilization.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: EX 2 - Architect.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: Ex-6 - Engineer.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: Form-Ex4 Chartered Accountant Certificate For Fund Required.pdf | - |
| AffidavitFile: Form B.pdf | - |
| Latest Encumbrance CertificateFile: EC - Elite.pdf | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx | - |
| Licence - Lotus Paradise Elite_compressed | - |
| Licence with Plan - Elite | - |
| Licence with Plan - Elite | - |
| New Agreement - (Rera) | - |
| New Agreement - (Rera) | - |
| RTC & Sale Deed - ELITE | - |
| Plan Elite | - |
| Site Plan Area | - |
| ALLOTEMENT LETTER | - |
| Elevation | - |
| Specification LOTUS PARADISE ELITE | - |
| EC - Elite | - |
| Form B - Affidavit - Lotus Properties | - |
| E -Khatha | - |
| Sale Deed | - |
| Sale Deed | - |
| Conversion Order | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Reliquishment Deed | - |
| Fire Noc_compressed_compressed-compressed | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| KSPCB - Elite | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Plan Elite | - |
| Plan Elite | - |
| Single Site | - |
| Unnamed document | - |
| Balance Sheet 2018 - 2019File: Financial Statement FY 2019-20-LP.PDF | - |
| Balance Sheet 2017 - 2018File: ITR & Statement of Income-18-19.PDF | - |
| Audited Profit and Loss Statement 2018 - 2019File: Financial Statement FY 2019-20-LP.PDF | - |
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.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| Lotus Galaxy | - | Ongoing | Jul 2022 | Not delivered |
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How this compares with Dakshina Kannada
Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.
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Builder: Lotus Properties
LOTUS PROPERTIES has 13 registrations on RERA Karnataka, including Lotus Kapila and Lotus Ananya. Its filings declare 23 earlier projects, 9 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 Lotus Paradise Elite is delayed beyond 28 Feb 2024?
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 Lotus Paradise Elite?
The registered promoter entity is Lotus Properties, 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 Lotus Paradise 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 Lotus Paradise Elite?
The professionals named in the filing: Architect: Madhukar B; 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 Lotus Paradise 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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