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Registration approved Mixed Development project

MATHA JYOTHI RESIDENCY

By MATHA DEVELOPERS PVT LTD

RG-KA-53242 · RERA PRM/KA/RERA/1257/334/PR/180519/001762 · Last updated on RERA Karnataka portal: 20 Jul 2021

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 18 months
  • 2 extensions taken

Clear

  • No complaints on record
  • Separate project account declared
Feb 2022Possession promisedmoved 18 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 57 documents Report an error

MATHA JYOTHI RESIDENCY is a Mixed Development project by MATHA DEVELOPERS PVT LTD in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/180519/001762 on 19 May 2018. Possession is promised by 21 Feb 2022. The completion date has moved by 18 months from the original filing.

At a glance

Project

  • NameMATHA JYOTHI RESIDENCY
  • TypeMixed Development
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/180519/001762
  • ReraGenie IDRG-KA-53242

Builder

  • NameMATHA DEVELOPERS PVT LTD
  • Entity typeCompany
  • CINU45205KA2011PTC061006
  • Authorized SignatoryN SANTHOSH KUMAR SHETTY
  • Other registrations6 more →

Key dates

this monthRegisteredMay 2018First promiseAug 2020Revised toFeb 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on19 May 2018
  • Promised completion21 Feb 2022
  • Revised completionRevised to 21 Feb 2022 (originally 21 Aug 2020)
  • Buildings1 building record
  • Documents filed57 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Matha Jyothi Residency-----73

The full filing

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

Construction progress by building1

As on 20 Jul 2021, 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.

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)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 20 Jul 2021, 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 LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
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 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 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 area1,740 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 11.45 cr

Extensions applied for2

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

ExtensionAug 2020 → Feb 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1257/334/PR/220630/001762Feb 2021 → Feb 2022

Reason as filed by the promoterShortage of Building Materials, Concrete, Jalli etc; Transport strike - Delay in Delivery of Materials

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed57

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/180519/001762 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Building LicenseFile: Building License.pdf20 Jul 2021
Documents for mail dated 22.12.2020File: Building License - Matha Jyothi Residency,Mukka.pdf31 Dec 2020
AFFIDAVITFile: AFFIDAVITMatha Jyothi Residency.pdf12 Dec 2020
Building LicenseFile: Building License - Matha Jyothi Residency,Mukka.pdf12 Dec 2020
CertificateFile: Comapany Registration Certificate.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Architect Certificate - work completed.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate - work completed.pdf-
CA Certificate for Funds UtilizationFile: CA Certificate - Funds Utilized.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Architect Certificate - work Pending.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate - work Pending.pdf-
CA Certificate for Funds required for Project CompletionFile: CA Certificate - Funds Required_.pdf-
AffidavitFile: Affidavit.pdf-
Latest Encumbrance CertificateFile: EC.pdf-
Consent letter from 2/3rd of Allottees-
Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx-
Document 1File: Paper cuttings.PDF-
Building License - Matha Jyothi Residency,Mukka-
Approved License Plan 2-
Single Layout Plan-
Sale Agreement Draft -Matha Jyothi Residency-
Sale Agreement Draft -Matha Jyothi Residency-
Sale Deeds-
Approved License Plan 1-
Single Layout Plan-
Allotment Share-
Handbill 2017 Matha Jyothi-
Specificatons-
Encumbrance Certificate-
Khatha Matha Developers Pvt Ltd-
Joint Development Agreement - Matha Jyothi Residency-
Partition Deed - Matha Jyothi Residency-
Conversion Order-
NOC - Karnataka State Coastal Zone Management Authority-
Licence Plan 2-
Licence Plan 1-
Conversion Order-
Balance Sheet 2016 - 2017File: Balance Sheet 2017.pdf-
Balance Sheet 2015 - 2016File: Balance sheet 2016.pdf-
Balance Sheet 2014 - 2015File: Balance sheet 2015.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P&L 2017.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L 2015.pdf-
Director's Report 2016 - 2017File: Directors Report 2017.pdf-
Director's Report 2015 - 2016File: Directors Report 2016.pdf-
Director's Report 2014 - 2015File: Directors Report 2015.pdf-
Cash Flow Statement 2016 - 2017File: Cash flow 2016-17.pdf-
Cash Flow Statement 2015 - 2016File: Cash flow 2015-16.pdf-
Auditor's Report 2016 - 2017File: Auditors Report 2017.pdf-
Auditor's Report 2015 - 2016File: Auditors Report 2016.pdf-
Auditor's Report 2014 - 2015File: Auditors Report 2015.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 2016-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR 2015-16.pdf-
FORM - B-
Prospectus/BrochureFile: Matha Jyothi Brochure.pdf-
Advertisement Copy 1File: Matha Jyothi Brochure.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_180519_001762 (1).xlsx-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 18 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

2 kmMATHA JYOTHI RESIDENCYOther 6Dot size: filed unitsN

Filed coordinates, straight-line distance. 6 registered projects within 2 km.

Builder: MATHA DEVELOPERS PVT LTD

Matha Developers Pvt Ltd has 7 registrations on RERA Karnataka, including Matha Shushiganga Residency and Matha Residency. 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 MATHA JYOTHI RESIDENCY is delayed beyond 21 Feb 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 MATHA JYOTHI RESIDENCY?

The registered promoter entity is MATHA DEVELOPERS PVT LTD, a company as per the filing. Its CIN U45205KA2011PTC061006 can be cross-checked on the MCA and GST portals. 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 MATHA JYOTHI 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.

What should I check before booking in MATHA JYOTHI 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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