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Matha Shushiganga Residency
RG-KA-24242 · RERA PRM/KA/RERA/1257/333/PR/180507/001619 · Last updated on RERA Karnataka portal: 15 Feb 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
Saved.
Matha Shushiganga Residency is a Mixed Development project by Matha Developers Pvt Ltd in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/333/PR/180507/001619 on 7 May 2018. Possession is promised by 2 Dec 2021. The completion date has moved by 18 months from the original filing.
At a glance
Project
- NameMatha Shushiganga Residency
- TypeMixed Development
- Location
- Dakshina Kannada
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/333/PR/180507/001619
- ReraGenie IDRG-KA-24242
Builder
- NameMatha Developers Pvt Ltd
- Entity typeCompany
- CINU45205KA2011PTC061006
- Authorized SignatorySantosh Kumar Shetty N
- Other registrations6 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on7 May 2018
- Promised completion2 Dec 2021
- Revised completionRevised to 2 Dec 2021 (originally 2 Jun 2020)
- Buildings1 building record
- Documents filed55 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| MATHA SHUSHIGANGA RESIDENCY | - | - | - | - | - | 58 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 Feb 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:
| Activity | Progress |
|---|---|
| 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 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 15 Feb 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | Yes | - |
| Water conservation | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| 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 | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| 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 | Yes | - |
| 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 ownership
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
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 filed55
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/1257/333/PR/180507/001619 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Balance fee payment receiptFile: Receipt for payment of balance extension fee.pdf | 15 Feb 2021 |
| Bank StatementFile: Bank Statement.pdf | 15 Feb 2021 |
| Affidavit Under Section 18File: AFFIDAVIT (18).pdf | 31 Dec 2020 |
| Comencement CertificateFile: Comencement Certificate.pdf | 31 Dec 2020 |
| CertificateFile: Comapany reg 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 | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails.xlsx | - |
| Document 1File: Paper cuttings.PDF | - |
| Building Licence | - |
| Approved Plan | - |
| MUDA APPROVAL | - |
| RERA Agreement Draft | - |
| RERA Agreement Draft | - |
| Partition Deed | - |
| Approved Plan | - |
| Plan 2 | - |
| Allotment Performa - Draft | - |
| Brochure | - |
| BUILDING NOC | - |
| Specifications | - |
| 1 | - |
| Khatha | - |
| Partition Deed | - |
| Deed of Declaration | - |
| Site Plan | - |
| Plan 2 | - |
| CONVERSION ORDER 1 | - |
| 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.pdf | - |
| Director's Report 2015 - 2016File: Directors report.pdf | - |
| Director's Report 2014 - 2015File: Directors report.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.pdf | - |
| Auditor's Report 2015 - 2016File: Auditors Report.pdf | - |
| Auditor's Report 2014 - 2015File: Auditors Report.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR - 2017,2016,2015.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR - 2017,2016,2015.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR - 2017,2016,2015.pdf | - |
| Form - B - Matha Shushiganga Residency,Mulki | - |
| Prospectus/BrochureFile: Hand Bill - Matha Shushiganga Residency.pdf | - |
| Advertisement Copy 1File: Hand Bill - Matha Shushiganga Residency.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1257_333_PR_180507_001619.xlsx | - |
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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 Shushiganga Residency is delayed beyond 2 Dec 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 Matha Shushiganga 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 Shushiganga 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 Shushiganga 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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