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M/S PRIME PROPERTIES
RG-KA-32487 · RERA PRM/KA/RERA/1273/319/PR/200624/003467 · Last updated on RERA Karnataka portal: 17 Jun 2020
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
Saved.
M/S PRIME PROPERTIES is a Commercial project by PRIME PROPERTIES in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/319/PR/200624/003467 on 24 Jun 2020. Possession is promised by 30 Sep 2021. 0 of the 70 units on this registration are recorded sold or booked, and 0 of 16 construction stages are filed complete.
At a glance
Project
- NameM/S PRIME PROPERTIES
- TypeCommercial
- Location
- Karkala
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/319/PR/200624/003467
- ReraGenie IDRG-KA-32487
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on24 Jun 2020
- Promised completion30 Sep 2021
- Revised completionNone
- Buildings1 building record
- Documents filed65 files
Current status
Figures as on 17 Jun 2020, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| MS PRIME PROPERTIES | - | - | - | 0 | 70 | 70 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 17 Jun 2020, 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 16 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
| Activity | Progress |
|---|---|
| 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 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 | 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 17 Jun 2020, 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 | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes | - |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| 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 | No | Not applicable |
| 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 | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | Yes | - |
Land and ownership1
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 |
|---|---|---|
| SACHIN P SALIAN | - | - |
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 | AR.PRAMAL KUMAR |
| Engineer | K. Krishna Shastri |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed65
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/1273/319/PR/200624/003467 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| sale deed 1File: sale deed 1.pdf | 17 Jun 2020 |
| sale deed 2File: sale deed 2.pdf | 17 Jun 2020 |
| JDAFile: JOINT DEVELOPMENT AGREEMENT -PRIME .pdf | 17 Jun 2020 |
| firm registration certificateFile: certificate of registration.pdf | 17 Jun 2020 |
| prime properties partnership deedFile: prime properties partnership deed.pdf | 17 Jun 2020 |
| CertificateFile: certificate of registration.pdf | - |
| Commencement Certificate | - |
| SNCATION PLAN | - |
| SINGALE LAYOUT PLAN | - |
| PROFORMA OF - DEED OF SALE | - |
| PROFORMA OF AGREEMENT FOR SALE | - |
| JOINT DEVELOPMENT AGREEMENT -PRIME | - |
| SNCATION PLAN | - |
| SITE MAP | - |
| Allotment Letter | - |
| Brochure | - |
| Project Specification | - |
| ENCUMBRANCE CERTIFICATE | - |
| Section 3(1) Notarized Affidavit | - |
| JOINT DEVELOPMENT AGREEMENT -PRIME | - |
| KHATHA LOCAL AUTHORITY | - |
| JOINT DEVELOPMENT AGREEMENT -PRIME | - |
| WATER SUPPLY NOC | - |
| CONVERSATION ORDER | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| MESCOM NOC | - |
| 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 | - |
| SINGLE LAYOUT ODER AND PLAN | - |
| SNCATION PLAN | - |
| CONVERSATION ORDER | - |
| Unnamed document | - |
| Balance Sheet 2018 - 2019File: CA CERTIFICATE.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: CA CERTIFICATE.pdf | - |
| Director's Report 2018 - 2019File: CA CERTIFICATE.pdf | - |
| Cash Flow Statement 2018 - 2019File: CA CERTIFICATE.pdf | - |
| Auditor's Report 2018 - 2019File: CA CERTIFICATE.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: CA CERTIFICATE.pdf | - |
| FORM B | - |
| Prospectus/BrochureFile: Brochure.pdf | - |
| Advertisement Copy 1File: add.jpeg | - |
| Tower Excel SheetFile: PRM_KA_RERA_1273_319_PR_200624_003467.xlsx | - |
| Occupancy CertificateFile: OC PRIME MALL.jpeg | - |
| Architect certificate for having completed the work(in format no 5)File: architect completion.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4 CC - Completion.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: affidavit -completion.pdf | - |
| engineer certificateFile: engineer completion.pdf | - |
| completion certificateFile: completion certificate.jpeg | - |
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Builder: PRIME PROPERTIES
PRIME PROPERTIES has 3 registrations on RERA Karnataka, including PRIME VISTARA and M/S PRIME PROPERTIES. Its filings disclose 2 earlier RERA Karnataka projects, none completed yet. Read the full track record. See more projects on the Udupi district page.
Frequently asked questions
What are my rights if M/S PRIME PROPERTIES is delayed beyond 30 Sep 2021?
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 PRIME PROPERTIES?
The registered promoter entity is PRIME 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 M/S PRIME PROPERTIES?
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 M/S PRIME PROPERTIES?
The professionals named in the filing: Architect: AR.PRAMAL KUMAR; Engineer: K. Krishna Shastri. 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/S PRIME PROPERTIES?
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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