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LOTUS PARADISE PLAZA
By LOTUS AVENUE
RG-KA-42844 · RERA PRM/KA/RERA/1257/333/PR/190722/002712
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.
LOTUS PARADISE PLAZA is a Commercial project by LOTUS AVENUE in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/333/PR/190722/002712 on 22 Jul 2019. Possession is promised by 29 Apr 2023. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NameLOTUS PARADISE PLAZA
- TypeCommercial
- Location
- Dakshina Kannada
- PincodeNot stated
- RERA no.PRM/KA/RERA/1257/333/PR/190722/002712
- ReraGenie IDRG-KA-42844
Builder
- NameLOTUS AVENUE
- Entity typePartnership Firm
- Authorized SignatoryJITHENDRA KOTTARY
- OthersSAMPATH SHETTY, AVALON LENNOX PATRAO, ARAVIND K SHENOY, ANAND J MATHIAS
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on22 Jul 2019
- Promised completion29 Apr 2023
- Revised completionRevised to 29 Apr 2023 (originally 29 Jul 2022)
- Buildings1 building record
- Documents filed40 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| LOTUS PARADISE PLAZA | - | - | - | 0 | 121 | 121 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
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 | - |
| 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
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 | Yes | - |
| 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 | Yes | - |
| 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 | No | Not applicable |
| 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 | 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 | SURESH PAI P |
| Engineer | K.ANIL HEDGE |
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 filed40
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/1257/333/PR/190722/002712 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: 1.pdf | - |
| LICENSE LPP_compressed | - |
| plan | - |
| plan | - |
| sale deed | - |
| plan | - |
| plan | - |
| ALLOTEMENT LETTER | - |
| specification | - |
| EC-BENDOOR | - |
| Affidavit - 3(1) - LPP_compressed | - |
| khata | - |
| reliquishment deed_compressed | - |
| Fire NOC Bendoorwell_compressed | - |
| NOT APP POWER | - |
| NOT APP POWER | - |
| KPCB,Bendoorwell_compressed | - |
| plan | - |
| plan | - |
| conversion_compressed | - |
| Balance Sheet 2017 - 2018File: P&L - BS 2018-19-Lotus Avenue_compressed.pdf | - |
| Balance Sheet 2016 - 2017File: IT AVENUE 17-18_compressed.pdf | - |
| Balance Sheet 2015 - 2016File: Not App accts.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: P&L - BS 2018-19-Lotus Avenue_compressed.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: IT AVENUE 17-18_compressed.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: Not App accts.pdf | - |
| Director's Report 2016 - 2017File: Not App accts.pdf | - |
| Director's Report 2015 - 2016File: Not App accts.pdf | - |
| Cash Flow Statement 2016 - 2017File: Not App accts.pdf | - |
| Auditor's Report 2016 - 2017File: Not App accts.pdf | - |
| Auditor's Report 2015 - 2016File: Not App accts.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: Not App accts.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: IT AVENUE 17-18_compressed.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: Not App accts.pdf | - |
| form -b lpp_compressed | - |
| Prospectus/BrochureFile: LPP - Broucher.jpg | - |
| Tower Excel SheetFile: PRM_KA_RERA_1257_333_PR_190722_002712.xlsx | - |
| Occupancy CertificateFile: CC - Lotus Paradise Plaza.PDF | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4- Q4 2022-23- LPP.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit Avenue.pdf | - |
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Builder: LOTUS AVENUE
LOTUS AVENUE has 2 registrations on RERA Karnataka, including LOTUS PARADISE PLAZA and LOTUS AVENUE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.
Frequently asked questions
What are my rights if LOTUS PARADISE PLAZA is delayed beyond 29 Apr 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 LOTUS PARADISE PLAZA?
The registered promoter entity is LOTUS AVENUE, 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 PLAZA?
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 PLAZA?
The professionals named in the filing: Architect: SURESH PAI P; Engineer: K.ANIL HEDGE. 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 PLAZA?
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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