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Registration approved Commercial project

M/s. PRIDE IKON

By M/s. PRIDE GROUP

RG-KA-97687 · RERA PRM/KA/RERA/1259/410/PR/180217/001310

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
Dec 2020Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 29 documents Report an error

M/s. PRIDE IKON is a Commercial project by M/s. PRIDE GROUP in Dharwad, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1259/410/PR/180217/001310 on 17 Feb 2018. Possession is promised by 15 Dec 2020. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameM/s. PRIDE IKON
  • TypeCommercial
  • Location
    • Dharwad
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1259/410/PR/180217/001310
  • ReraGenie IDRG-KA-97687

Builder

  • NameM/s. PRIDE GROUP
  • Entity typePartnership Firm
  • Authorized SignatorySri. Narayan .G. Acharaya

Key dates

this monthRegisteredFeb 2018First promiseMar 2020Revised toDec 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Feb 2018
  • Promised completion15 Dec 2020
  • Revised completionRevised to 15 Dec 2020 (originally 15 Mar 2020)
  • Buildings1 building record
  • Documents filed29 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PRIDE IKON---0769769

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:

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 networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot applicable

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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
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 conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
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 ownership

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

Land area7,258 sq m
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 30.00 cr

Extensions applied for1

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

ExtensionMar 2020 → Dec 2020

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed29

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/1259/410/PR/180217/001310 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: registration certificate.pdf-
commencement certificate other document 20 - 3_0001-
Approved Building Plan-
Approved layout plan and Area development plan-NA-
PROFORMA FOR SALE DEED-
sale agreement rera_0001-
Sale Deed-
Approved Building Plan-
Approved layout plan and Area development plan-NA-
Allotment Letter-
BROUCHER -NA-
commencement certificate other document 20 - 3_0001-
SPECIFICATION_0001-
Encumbrance cert 20 - 2_0001-
KHATA-
JOINT DEVELOPMENT AGREEMENT-
certificate_0001-
Unnamed document-
Director's Report 2015 - 2016File: DIRECTORS REPORT.pdf-
Director's Report 2014 - 2015File: DIRECTORS REPORT.pdf-
Director's Report 2013 - 2014File: DIRECTORS REPORT.pdf-
FORM 3B_0001-
Prospectus/BrochureFile: No Brochure.xlsx-
Advertisement Copy 1File: NO - Advertisements.xlsx-
Tower Excel SheetFile: PRM_KA_RERA_1259_410_PR_180217_001310.xlsx-
Occupancy CertificateFile: Completion Certificate.pdf-
Architect certificate for having completed the work(in format no 5)File: Architect certificate.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4 CC_compressed.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit for project completion.pdf-

How this compares with Dharwad

29%of Dharwad projects moved their completion datethis one moved by 9 months
0%of Dharwad registrations are shown as withdrawn or revokedthis one is not

Computed across the 250+ Dharwad projects on ReraGenie, from their own filings.

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Builder: M/s. PRIDE GROUP

M/s. PRIDE GROUP has 1 registration on RERA Karnataka, including M/s. PRIDE IKON. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dharwad district page.

Frequently asked questions

What are my rights if M/s. PRIDE IKON is delayed beyond 15 Dec 2020?

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/s. PRIDE IKON?

The registered promoter entity is M/s. PRIDE GROUP, 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/s. PRIDE IKON?

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.

What should I check before booking in M/s. PRIDE IKON?

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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About M/s. PRIDE IKON. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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