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paramount excellencia
By Paramount Realty and Infrastructure
RG-KA-96872 · RERA PRM/KA/RERA/1257/334/PR/171031/001601
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
Saved.
paramount excellencia is a Residential/Group Housing project by Paramount Realty and Infrastructure in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171031/001601 on 31 Oct 2017. Possession is promised by 30 Sep 2017.
At a glance
Project
- Nameparamount excellencia
- TypeResidential/Group Housing
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- RERA no.PRM/KA/RERA/1257/334/PR/171031/001601
- ReraGenie IDRG-KA-96872
Builder
- NameParamount Realty and Infrastructure
- Entity typePartnership Firm
- Authorized SignatoryRONALD D MONTEIRO
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on31 Oct 2017
- Promised completion30 Sep 2017
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed34 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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SURESH KUMAR |
| Engineer | K ANIL HEGDE |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed34
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/171031/001601 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: PARAMOUNT FIRM REGISTRATION CERTIFICATE.jpg | - |
| BUILDING LICENCE COMMENCEMENT PAGE 1 | - |
| scan_20170829_0025 | - |
| scan_20170829_0029 | - |
| scan_20170829_0026 | - |
| Performa of Agreement | - |
| scan_20170829_0026 | - |
| scan_20170829_0030 | - |
| scan_20170829_0026 | - |
| Performa of Agreement | - |
| Paramount Excellencia Brochure | - |
| scan_20170829_0026 | - |
| PARAMOUNT EXCELLENCIA SPECIFICATIONS PAGE 2 | - |
| ENCUMBRANCE CERTIFICATE | - |
| khatha in name of land owner | - |
| Joint Development Agreement | - |
| Balance Sheet 2015 - 2016File: INCOME TAX BALANCE SHEET PAGE 1 YEAR 16.jpg | - |
| Balance Sheet 2014 - 2015File: INCOME TAX BALANCE SHEET PAGE 1 YEAR 15.jpg | - |
| Balance Sheet 2013 - 2014File: INCOME TAX BALANCE SHEET PAGE 1 YEAR 14.jpg | - |
| Audited Profit and Loss Statement 2015 - 2016File: INCOME TAX BALANCE SHEET PAGE 1 YEAR 16.jpg | - |
| Audited Profit and Loss Statement 2014 - 2015File: INCOME TAX BALANCE SHEET PAGE 1 YEAR 15.jpg | - |
| Audited Profit and Loss Statement 2013 - 2014File: INCOME TAX BALANCE SHEET PAGE 1 YEAR 14.jpg | - |
| Director's Report 2015 - 2016File: INCOME TAX AUDITORS REPORT YEAR 16.jpg | - |
| Director's Report 2014 - 2015File: INCOME TAX AUDITORS REPORT YEAR 15.jpg | - |
| Director's Report 2013 - 2014File: INCOME TAX AUDITORS REPORT PAGE 2 YEAR 14.jpg | - |
| Cash Flow Statement 2015 - 2016File: INCOME TAX BALANCE SHEET PAGE 2 YEAR 16.jpg | - |
| Cash Flow Statement 2014 - 2015File: INCOME TAX BALANCE SHEET PAGE 1 YEAR 16.jpg | - |
| Auditor's Report 2015 - 2016File: INCOME TAX AUDITORS REPORT YEAR 16.jpg | - |
| Auditor's Report 2014 - 2015File: INCOME TAX AUDITORS REPORT YEAR 15.jpg | - |
| Auditor's Report 2013 - 2014File: INCOME TAX AUDITORS REPORT PAGE 2 YEAR 14.jpg | - |
| Income Tax Return Acknowledgement 2015 - 2016File: INCOME TAX RETURN ACKNOWELDGEMENT YEAR 16.jpg | - |
| Income Tax Return Acknowledgement 2014 - 2015File: INCOME TAX RETURN ACKNOWELDGEMENT YEAR 15.jpg | - |
| Income Tax Return Acknowledgement 2013 - 2014File: INCOME TAX RETURN ACKNOWELDGEMENT YEAR 14.jpg | - |
| Declararion Form B | - |
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How this compares with Dakshina Kannada
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See every Dakshina Kannada project, with the district possession charts
Builder: Paramount Realty and Infrastructure
Paramount Realty and Infrastructure has 1 registration on RERA Karnataka, including paramount excellencia. 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 paramount excellencia is delayed beyond 30 Sep 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 paramount excellencia?
The registered promoter entity is Paramount Realty and Infrastructure, 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 paramount excellencia?
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 paramount excellencia?
The professionals named in the filing: Architect: SURESH KUMAR; Engineer: K ANIL HEGDE. 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 paramount excellencia?
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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