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Registration approved Mixed Development project

MASCO ASPIRE

By abdul rahim

RG-KA-00164 · RERA PRM/KA/RERA/1257/334/PR/190829/002834

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
Aug 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 42 documents Report an error

MASCO ASPIRE is a Mixed Development project by abdul rahim in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/190829/002834 on 29 Aug 2019. Possession is promised by 30 Aug 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameMASCO ASPIRE
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1257/334/PR/190829/002834
  • ReraGenie IDRG-KA-00164

Builder

  • Nameabdul rahim

Key dates

this monthRegisteredAug 2019First promiseNov 2021Revised toAug 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Aug 2019
  • Promised completion30 Aug 2022
  • Revised completionRevised to 30 Aug 2022 (originally 30 Nov 2021)
  • Buildings1 building record
  • Documents filed42 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MASCO ASPIRE-----20

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 network-
Weather Proof work(tile,concrete)Not applicable
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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemNoNot applicable
Parks & Tree plantingNoNot applicable
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 managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
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
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
GasYes-
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 spacesNoNot applicable
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 area850 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 2.51 cr

Certifying professionals and partners2

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

RoleName
ArchitectM.VEKATESH PAI
EngineerANAND BHAT

Extensions applied for1

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

ExtensionNov 2021 → Aug 2022

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed42

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/1257/334/PR/190829/002834 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
LICENSE-
Plan-
Plan-
AGREEMENT_compressed-
AGREEMENT SALE-
Sale Deed-
Plan-
Plan-
NOT APP (1)-
NOT APP (1)-
FIRE NOC_compressed-
specification-
EC-
AFFIDAVIT 3(1)_compressed-
NOT APP (1)-
Khatha-
RELEASE DEED_compressed (1)-
Single Site_compressed-
complete conversion_compressed-
FIRE NOC_compressed-
Plan-
Plan-
Conversion_compressed-
Balance Sheet 2017 - 2018File: Balance Sheet-2018.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet-2017.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet-2016.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P&L-2018.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L-2017.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L-2016.pdf-
Director's Report 2017 - 2018File: NOT APPL.pdf-
Director's Report 2016 - 2017File: NOT APPL.pdf-
Director's Report 2015 - 2016File: NOT APPL.pdf-
Cash Flow Statement 2017 - 2018File: NOT APPL.pdf-
Cash Flow Statement 2016 - 2017File: NOT APPL.pdf-
Auditor's Report 2017 - 2018File: NOT APPL.pdf-
Auditor's Report 2016 - 2017File: NOT APPL.pdf-
Auditor's Report 2015 - 2016File: NOT APPL.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR-2018.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR-2017.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR-2016.pdf-
FORM B affi-
Tower Excel SheetFile: mascoaspirerera.xlsx-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 9 months
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

Builder: abdul rahim

abdul rahim has 1 registration on RERA Karnataka, including MASCO ASPIRE. 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 MASCO ASPIRE is delayed beyond 30 Aug 2022?

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 MASCO ASPIRE?

The registered promoter entity is abdul rahim. 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 MASCO ASPIRE?

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 MASCO ASPIRE?

The professionals named in the filing: Architect: M.VEKATESH PAI; Engineer: ANAND 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 MASCO ASPIRE?

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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