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Registration approved Mixed Development project

N B SHETTY PRIDE

By SARATHI BUILDTECH

RG-KA-91953 · RERA PRM/KA/RERA/1273/319/PR/200526/003418 · Last updated on RERA Karnataka portal: 15 May 2020

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
Jun 2023Possession promisedmoved 9 months from the original
0 of 13Construction stages donefurthest along: Earth work and other leveling..., 0%
39 of 39Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 55 documents Report an error

N B SHETTY PRIDE is a Mixed Development project by SARATHI BUILDTECH in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/319/PR/200526/003418 on 26 May 2020. Possession is promised by 30 Jun 2023. The completion date has moved by 9 months from the original filing. 0 of the 39 units on this registration are recorded sold or booked, and 0 of 13 construction stages are filed complete.

At a glance

Project

  • NameN B SHETTY PRIDE
  • TypeMixed Development
  • Location
    • Karkala
    • Udupi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/319/PR/200526/003418
  • ReraGenie IDRG-KA-91953

Builder

  • NameSARATHI BUILDTECH
  • Entity typePartnership Firm
  • Authorized SignatoryBHASKAR G SHETTY

Key dates

this monthRegisteredMay 2020First promiseSep 2022Revised toJun 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 May 2020
  • Promised completion30 Jun 2023
  • Revised completionRevised to 30 Jun 2023 (originally 30 Sep 2022)
  • Buildings1 building record
  • Documents filed55 files

Current status

0%0 of 39 units booked

Figures as on 15 May 2020, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
N B SHETTY-----39

The full filing

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

Construction progress by building1

As on 15 May 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 13 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

ActivityProgress
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Painting-
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 15 May 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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
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 disposalYes-
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
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 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 escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyNoNot applicable

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 area972 sq m
Land owned byNot the promoter
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 3.93 cr

Certifying professionals and partners2

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

RoleName
ArchitectVINYAS CONSULTING
EngineerKANIPURA DESIGNERS

Extensions applied for1

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

ExtensionSep 2022 → Jun 2023

No reason recorded in the filing

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/1273/319/PR/200526/003418 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
REGISTERED PARTNERSHIP DEEDFile: Registered partnership deed.pdf15 May 2020
VALUAVATION CERTIFICATE BY ENGINEERFile: VALUVATION CERTIFICATE.pdf15 May 2020
Partnership Firm registration certificateFile: Partnership Firm registration certificate.jpg6 Mar 2020
designated bank account pass bookFile: BANK PASS BOOK.pdf6 Mar 2020
financial statementFile: ITR 2019-20.pdf6 Mar 2020
BALANCE SHEET 2019-20File: BALANCE SHEET 2019-20.jpg6 Mar 2020
ITR ACK 2019-20File: ITR 2019-20.jpg6 Mar 2020
PROFIT AND LOSS ACCOUNT 2019-20File: PROFFIT AND LOSS ACCOUNT 2019-20.jpg6 Mar 2020
STATEMENT OF INCOME 2019-20File: SATEMENT OF INCOME 2019-20.jpg6 Mar 2020
E C 15 YEARSFile: EC.pdf6 Mar 2020
registered partner ship deedFile: Registered partnership deed.pdf6 Mar 2020
affidavit under sec 3(1)File: Notarized Affidavit for 3(1) Violation.pdf6 Mar 2020
FROM BFile: FROM B.pdf6 Mar 2020
WATER SUPPLY NOCFile: WATER SUPPLY NOC.pdf6 Mar 2020
MESCOM NOCFile: MESCOM NOC.pdf6 Mar 2020
SANCTION PLANFile: SANCATION PLAN ORGINAL.pdf6 Mar 2020
TRADE LICENCE (1)-
APPROVED PLAN (1)-
APPROVED PLAN (1)-
TRADE LICENCE (1)-
TRADE LICENCE (1)-
SALE DEED (1)-
APPROVED PLAN (1)-
APPROVED PLAN (1)-
TRADE LICENCE (1)-
PROJECT SPECIFICATON-
E C751-
Khata750_compressed-
Unnamed document-
Coversion order752-
Unnamed document-
Unnamed document-
Unnamed document-
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Unnamed document-
Unnamed document-
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Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
APPROVED PLAN (1)-
APPROVED PLAN (1)-
Unnamed document-
Tower Excel SheetFile: PRM_KA_RERA_1273_319_PR_200526_003418.xlsx-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one moved by 9 months
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

Builder: SARATHI BUILDTECH

SARATHI BUILDTECH has 1 registration on RERA Karnataka, including N B SHETTY PRIDE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if N B SHETTY PRIDE is delayed beyond 30 Jun 2023?

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 N B SHETTY PRIDE?

The registered promoter entity is SARATHI BUILDTECH, 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 N B SHETTY PRIDE?

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 N B SHETTY PRIDE?

The professionals named in the filing: Architect: VINYAS CONSULTING; Engineer: KANIPURA DESIGNERS. 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 N B SHETTY PRIDE?

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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