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Registration approved Mixed Development project

M D RESIDENCY

By M D Developers

RG-KA-21863 · RERA PRM/KA/RERA/1273/320/PR/180601/001827 · Last updated on RERA Karnataka portal: Not stated

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Oct 2019Possession promisedmoved 12 months from the original
0 of 18Construction stages donefurthest along: Earth work and other leveling..., 0%
106 of 106Units unsoldnot recorded sold or booked
1Complaints at RERA Karnatakaon this registration
Jump to the 60 documents Report an error

M D RESIDENCY is a Mixed Development project by M D Developers in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/320/PR/180601/001827 on 1 Jun 2018. Possession is promised by 15 Oct 2019. The completion date has moved by 12 months from the original filing. 0 of the 106 units on this registration are recorded sold or booked, and 0 of 18 construction stages are filed complete. 1 complaint is on record with the regulator.

At a glance

Project

  • NameM D RESIDENCY
  • TypeMixed Development
  • Location
    • Kundapura
    • Udupi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/320/PR/180601/001827
  • ReraGenie IDRG-KA-21863

Builder

  • NameM D Developers
  • Entity typePartnership Firm
  • Authorized SignatoryMahabala K Poojari

Key dates

this monthRegisteredJun 2018First promiseOct 2018Revised toOct 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Jun 2018
  • Promised completion15 Oct 2019
  • Revised completionRevised to 15 Oct 2019 (originally 15 Oct 2018)
  • Buildings1 building record
  • Documents filed60 files

Current status

0%0 of 106 units booked

Figures as on Not stated, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
M D RESIDENCY-----106

The full filing

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

Construction progress by building1

As on Not stated, 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 18 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 workNot 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 Not stated, 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 SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationNoNot applicable
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
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 HallYes-
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityYes-
Swimming PoolNoNot applicable
GymYes-
ParksYes-
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-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

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 area3,643 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 12.25 cr

Certifying professionals and partners2

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

RoleName
ArchitectYOGISH CHANDRA DHARA
EngineerM.GOPAL BHAT

Extensions applied for1

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

EX/PRM/KA/RERA/1273/320/PR/200103/001827Oct 2018 → Oct 2019

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/210901/0008289-M D Developers01/09/2021

Documents filed60

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/1273/320/PR/180601/001827 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Firm Registration Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: AC-STATUS WORK.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: EC-STATUS WORK.pdf-
CA Certificate for Funds UtilizationFile: Funds Utilised.pdf-
Architect Certificate for Pending Work Completion Schedule.File: AC- PENDING WORK.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: EC-PENDING WORK.pdf-
CA Certificate for Funds required for Project CompletionFile: Fund Required.pdf-
AffidavitFile: Rera Affidavit.pdf-
Latest Encumbrance CertificateFile: EClatest.pdf-
Consent letter from 2/3rd of AllotteesFile: Flat No 701.pdf-
Details Of Sold/ Un-sold UnitsFile: Sold and unsold unit details.xlsx-
Document 1File: devlopers Cerificate.pdf-
Document 2File: engineer certificate hemmadi.pdf-
Document 3File: Bank Statement.pdf-
Document 4File: Hemmady Licence renewal dtd 30.8.2018.pdf-
Document 5File: Agreement2 (1)_compressed.pdf-
Document 6File: Agreement2 (2)_compressed.pdf-
Document 7File: SECTION 18 AFFIDAVIT MD RESIDENCY.pdf-
Document 8File: 2:3rd Consent Letter M D Residency.pdf-
Document 9File: 2:3rd Consent Letter M D Residency.pdf-
Document 10File: Clarification letter to RERA Account.pdf-
BUILDING LICENCE HEMMADI-
SANCATION PLAN-
LAYOUT PLAN-
Sale agreement-
Hemamdi Sale Agreement-
BUILDING PLAN 1-
BUILDING PLAN-
Hemmadi Brochure-
SPECIFICATION-
EC20180411-
Hemmadi Khatha-
Hemamdi Construction Agreement-
Hemmadi JD-
Converssion Order-
FIRE REPORT-
Hemmadi Site Electricity NOC-
Unnamed document-
stability certificate-
BUILDING PLAN-
BUILDING PLAN 1-
Converssion Order-
SEARCH REPORT-
Balance Sheet 2016 - 2017File: Balance Sheet fof thr F yr 2016-17.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet For the F yr 2015-16.pdf-
Balance Sheet 2014 - 2015File: Balance sheet for the F Yr 2014-15.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P & L appropriation account for the F Yr 2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L appropriation account for the F Yr 2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P & L appropriation account For the F yr 2014-15.pdf-
Cash Flow Statement 2016 - 2017File: Trading & P& L account fo the F Yr 2016-17.pdf-
Cash Flow Statement 2015 - 2016File: Trading & p &L account for the F yr 2015-16.pdf-
Auditor's Report 2016 - 2017File: Statement of income 2016-17.pdf-
Auditor's Report 2015 - 2016File: Statement of income 2015-16.pdf-
Auditor's Report 2014 - 2015File: Statement of Income 2014-15.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: I T Return Acknowledgement 2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Income Tax Acknowledgement 2015-16.jpg-
Income Tax Return Acknowledgement 2014 - 2015File: Income Tax Acknowledgement 2014-15.jpg-
Prospectus/BrochureFile: final_brochure.pdf-
Advertisement Copy 1File: Paper Ad.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1273_320_PR_180601_001827 (4).xlsx-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one moved by 12 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

Builder: M D Developers

M D Developers has 1 registration on RERA Karnataka, including M D RESIDENCY. 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 M D RESIDENCY is delayed beyond 15 Oct 2019?

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 M D RESIDENCY?

The registered promoter entity is M D Developers, 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 M D RESIDENCY?

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 M D RESIDENCY?

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.

Who certifies construction progress at M D RESIDENCY?

The professionals named in the filing: Architect: YOGISH CHANDRA DHARA; Engineer: M.GOPAL BHAT. 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 M D RESIDENCY?

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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