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Registration approved Residential/Group Housing project

Paradise Palms

By M/s Navajyothi Properties

RG-KA-01786 · RERA PRM/KA/RERA/1251/446/PR/201001/003606 · Last updated on RERA Karnataka portal: 29 Sep 2020

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
Aug 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 45 documents Report an error

Paradise Palms is a Residential/Group Housing project by M/s Navajyothi Properties in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/201001/003606 on 1 Oct 2020. Possession is promised by 31 Aug 2022.

At a glance

Project

  • NameParadise Palms
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/201001/003606
  • ReraGenie IDRG-KA-01786

Builder

  • NameM/s Navajyothi Properties
  • Entity typePartnership Firm
  • Authorized SignatoryMohan Reddy S
  • OthersK Ethirajulu Naidu

Key dates

this monthRegisteredOct 2020PromisedAug 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on1 Oct 2020
  • Promised completion31 Aug 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed45 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Paradise Palms---20020

The full filing

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

Construction progress by building1

As on 29 Sep 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.

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 ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
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 drawingsNot applicable

Progress on shared amenities41

As on 29 Sep 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 LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
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 HouseYes-
Community HallYes-
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymYes-
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-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
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 area914 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 6.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectRamesh S
EngineerVishnu Kumar

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed45

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/1251/446/PR/201001/003606 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Self attested copy of PANFile: Self attested PAN.pdf29 Sep 2020
StatementFile: Statement.pdf29 Sep 2020
pan copy of navajyothi PropertiesFile: Navajyothi pan copy.jpg14 Jul 2020
plan copy of navajyothi PropertiesFile: plan copy final of navajyothi.PDF14 Jul 2020
affidavit of vendor associates of navajyothi projectsFile: affidavit of navajyothi-final-1.pdf14 Jul 2020
Plan copyFile: plan copy final.pdf26 Jun 2020
specification of navajyothiFile: specification of navajyothi.pdf26 Jun 2020
ec copyFile: ec copy of navajyothi 2.pdf4 Mar 2020
plan copyFile: plan copy of navajyothi.pdf4 Mar 2020
specification of navajyothiFile: specification of navajyothi.pdf4 Mar 2020
change of land copyFile: change of land conversition copy.pdf4 Mar 2020
laicence copy of navajyouthiFile: laicence copy of navajyouthi.pdf4 Mar 2020
CertificateFile: firm copy of navajoythi.pdf-
cc copy navajyothi-
plan copy of navajyothi-
sale deed of old navajyothi-
laicence copy of navajyouthi-
plan copy of navajyothi-
navajyothi brouchar copy-
specification of navajyothi-
ec copy of navajyothi-
affidavit of navajyothi-
jd com diclaration of navajyothi-
katha copy of navajyothi-
jd copy of navajyothi-
sale deed of old navajyothi-
conversion copy-
Unnamed document-
Unnamed document-
plan copy of navajyothi-
specification of navajyothi-
conversion copy-
Unnamed document-
Balance Sheet 2018 - 2019File: balance sheet of navajyothi.pdf-
Audited Profit and Loss Statement 2018 - 2019File: balance sheet of navajyothi.pdf-
Auditor's Report 2018 - 2019File: balance sheet of navajyothi.pdf-
affidavit of navajyothi-2-
Prospectus/BrochureFile: navajyothi brouchar copy.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_201001_003606.xlsx-
Occupancy CertificateFile: OCCUPANCY CERTIFICATE.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: ELECTRICITY APPROVAL.pdf-
Architect certificate for having completed the work(in format no 5)File: form 5 100%.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: FORM 4 100%.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: NAVAJYOTHI PROPERTIES AFFIDAVIT CUM DECLARATION.pdf-
COMPLETION CERTIFICATEFile: OCCUPANCY CERTIFICATE.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: M/s Navajyothi Properties

M/s Navajyothi Properties has 1 registration on RERA Karnataka, including Paradise Palms. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Paradise Palms is delayed beyond 31 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 Paradise Palms?

The registered promoter entity is M/s Navajyothi Properties, 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 Paradise Palms?

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 Paradise Palms?

The professionals named in the filing: Architect: Ramesh S; Engineer: Vishnu Kumar. 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 Paradise Palms?

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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