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Registration approved Mixed Development project

POONAM SWARNANIKETHAN

By POONAM BUILDERS

RG-KA-83807 · RERA PRM/KA/RERA/1257/334/PR/200103/003097 · Last updated on RERA Karnataka portal: 18 Dec 2019

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
Dec 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 54 documents Report an error

POONAM SWARNANIKETHAN is a Mixed Development project by POONAM BUILDERS in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/200103/003097 on 3 Jan 2020. Possession is promised by 15 Dec 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NamePOONAM SWARNANIKETHAN
  • 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/200103/003097
  • ReraGenie IDRG-KA-83807

Builder

  • NamePOONAM BUILDERS
  • Entity typePartnership Firm
  • Authorized SignatoryK. DAMODAR SHENOY
  • OthersANJANA D. SHENOY
  • Other registrations10 more →
  • Declared earlier projects10 →

Key dates

this monthRegisteredJan 2020First promiseMar 2023Revised toDec 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on3 Jan 2020
  • Promised completion15 Dec 2023
  • Revised completionRevised to 15 Dec 2023 (originally 15 Mar 2023)
  • Buildings1 building record
  • Documents filed54 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Poonam Swarna Nikethan-----40

The full filing

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

Construction progress by building1

As on 18 Dec 2019, 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 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 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 18 Dec 2019, 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 disposalNoNot applicable
Water conservationNoNot applicable
Energy managementYes-
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 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-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
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 area1,139 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 6.18 cr

Certifying professionals and partners2

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

RoleName
ArchitectVighnesh Prabhu B.
EngineerAnand Bhat

Extensions applied for1

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

ExtensionMar 2023 → Dec 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed54

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/200103/003097 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
UPTODATE ECFile: EC.pdf18 Dec 2019
SANCTIONED BASEMENT FLOOR & GROUND FLOOR PLANFile: Approval Plan GF.pdf18 Dec 2019
LEGAL OPINIONFile: Legal opinion.pdf18 Dec 2019
CertificateFile: registration certificate.pdf-
Commencement Certificate-
Approval Plan GF-
Approved Plan SF-
Under process-
Under process-
sale deed-
Swarna_section-
Layout Plan-
Under process-
Under process-
Specification-
swarnaEC-
affidavith-
khata-
Property Card-
relinquishment deed-
Fire NOC-
stability-
Layout Plan-
Swarna_section-
Balance Sheet 2018 - 2019File: Balance sheet18.pdf-
Balance Sheet 2017 - 2018File: Balance sheet17.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet16.pdf-
Audited Profit and Loss Statement 2018 - 2019File: PandL18.pdf-
Audited Profit and Loss Statement 2017 - 2018File: PandL17.pdf-
Audited Profit and Loss Statement 2016 - 2017File: PandL16.pdf-
Auditor's Report 2018 - 2019File: Audit Report18.pdf-
Auditor's Report 2017 - 2018File: Audit report17.pdf-
Auditor's Report 2016 - 2017File: Audit report 16.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITacknowledgement18.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITacknowledgement17.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITacknowledgement16.pdf-
form b-
Prospectus/BrochureFile: Poonam Swarna Nikethan Brochure.pdf-
Advertisement Copy 1File: Poonam Swarna Nikethan Brochure.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_200103_003097.xlsx-
Stability CertificateFile: Stability Certificate.pdf-
Road cutting permission letter issued by the planning Authority for laying Water supply line, sanitary line, UFile: Water & Draingae approval.pdf-
NOC issued by the Fire Force department after completion of workFile: Fire NOC.pdf-
Occupancy CertificateFile: completion certificate.pdf-
Consent for operation issued by KSPCBFile: KSPCB approval.pdf-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Lift Completion Certificate.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: KEB approval.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: Water & Draingae approval.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: Premises handover.pdf-
Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: Premises handover.pdf-
Details of undivided share of land handed over to the association of allotteesFile: Premises handover.pdf-
Architect certificate for having completed the work(in format no 5)File: Form 6.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4CC.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Completion Affidavit.pdf-

Promoter's earlier projects2

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

2 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
POONAM SALIGRAM-OngoingFeb 2021Not delivered
POONAM GARDEN-OngoingDec 2019Not delivered

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one moved by 9 months
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 kmPOONAM SWARNANIKETHANOther 54Dot size: filed unitsN

Filed coordinates, straight-line distance. 54 registered projects within 2 km.

Builder: POONAM BUILDERS

POONAM BUILDERS has 11 registrations on RERA Karnataka, including POONAM SURYANIKETHAN and POONAM SINDOORNIKETHAN. Its filings declare 10 earlier projects, 7 of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if POONAM SWARNANIKETHAN is delayed beyond 15 Dec 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 POONAM SWARNANIKETHAN?

The registered promoter entity is POONAM BUILDERS, 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 POONAM SWARNANIKETHAN?

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 POONAM SWARNANIKETHAN?

The professionals named in the filing: Architect: Vighnesh Prabhu B.; Engineer: Anand Bhat. 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 POONAM SWARNANIKETHAN?

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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About POONAM SWARNANIKETHAN. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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