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Registration approved Mixed Development project

Matha Residency

By Matha Develoeprs Pvt Ltd

RG-KA-08383 · RERA PRM/KA/RERA/1257/334/PR/180208/001016

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
Mar 2017Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 38 documents Report an error

Matha Residency is a Mixed Development project by Matha Develoeprs Pvt Ltd in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/180208/001016 on 8 Feb 2018. Possession is promised by 25 Mar 2017.

At a glance

Project

  • NameMatha 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/180208/001016
  • ReraGenie IDRG-KA-08383

Builder

  • NameMatha Develoeprs Pvt Ltd
  • Entity typeCompany
  • CINU45205KA2011PTC061006
  • Authorized SignatorySanthosh Kumar shetty N

Key dates

Registered
8 Feb 2018
Promised
25 Mar 2017

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Feb 2018
  • Promised completion25 Mar 2017
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed38 files

The full filing

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

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 area1,143 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 6.80 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed38

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/180208/001016 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Comapany reg certificate.pdf-
Commencement all 1-
Mukka typical floor plan-
Merged Site Plan-
Sale Deed Draft-
Sale Agreement Draft-
khata Mukka-
Approved Plan-
Approved Plan-
Allotement Mukka-
Brochure mukka-
NOC all 1-
specification Mukka-
Mukka EC-
khata Mukka-
Matha Residency mukka JDA-
Balance Sheet 2015 - 2016File: Balance sheet 2016.pdf-
Balance Sheet 2014 - 2015File: Balance sheet 2015.pdf-
Balance Sheet 2013 - 2014File: Balance sheet 2014.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P&L 2016.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P&L 2015.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P&L 2014.pdf-
Director's Report 2015 - 2016File: Directors report.pdf-
Director's Report 2014 - 2015File: Directors report.pdf-
Director's Report 2013 - 2014File: Directors report.pdf-
Cash Flow Statement 2015 - 2016File: Cash flow.pdf-
Cash Flow Statement 2014 - 2015File: Cash flow.pdf-
Auditor's Report 2015 - 2016File: Audit report LOW.pdf-
Auditor's Report 2014 - 2015File: Audit report LOW.pdf-
Auditor's Report 2013 - 2014File: Audit report LOW.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR.pdf-
Affidavit Mukka-
Occupancy CertificateFile: Completion Certificate - Matha Residency, Mukka.PDF-
Completion certificateFile: Completion Certificate - Matha Residency, Mukka.PDF-
Registered Agreement of SaleFile: Sale Deed - Matha Residency, Mukka 3.pdf-
Registered conveyance deed for an individual unitFile: Sale Deed - Matha Residency, Mukka 3.pdf-

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one has not
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 ResidencyOther 5Dot size: filed unitsN

Filed coordinates, straight-line distance. 5 registered projects within 2 km.

Builder: Matha Develoeprs Pvt Ltd

Matha Develoeprs Pvt Ltd has 1 registration on RERA Karnataka, including 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 Residency is delayed beyond 25 Mar 2017?

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 Residency?

The registered promoter entity is Matha Develoeprs 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 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 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; 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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