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Pragati Business Park
RG-KA-05236 · RERA PRM/KA/RERA/1273/318/PR/191015/002942 · Last updated on RERA Karnataka portal: Not stated
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
Saved.
Pragati Business Park is a Commercial project by M/S PRAGATI ASSOCIATES in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/191015/002942 on 15 Oct 2019. Possession is promised by 8 Apr 2021. The completion date has moved by 9 months from the original filing. 0 of the 28 units on this registration are recorded sold or booked, and 0 of 16 construction stages are filed complete.
At a glance
Project
- NamePragati Business Park
- TypeCommercial
- Location
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/318/PR/191015/002942
- ReraGenie IDRG-KA-05236
Builder
- NameM/S PRAGATI ASSOCIATES
- Entity typePartnership Firm
- Authorized SignatoryU Venkatesh Shet
- OthersJAYANTHILAL P PATEL, RATHILAL P PATEL, U Venkatesh Shet
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 Oct 2019
- Promised completion8 Apr 2021
- Revised completionRevised to 8 Apr 2021 (originally 8 Jul 2020)
- Buildings1 building record
- Documents filed41 files
Current status
Figures as on Not stated, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PRAGATI BUSINESS PARK | - | - | - | 0 | 28 | 28 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on Not stated, 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 16 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
| 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 | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities42
As on Not stated, 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 | No | Not applicable |
| 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 | No | Not applicable |
| Water conservation | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| 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 | No | Not applicable |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | No | Not applicable |
| 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 | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
| Water Tanks, Sumps And Other Electrical Equipment | 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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | S.K.RUDRESH |
| Engineer | RAVINDRA P.RAO |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed41
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/1273/318/PR/191015/002942 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: FIRM REGISTRATION CERIFICATE.pdf | - |
| aproval latter pragati park | - |
| Approval letter with plan | - |
| Approval letter with plan | - |
| Performa of sale deed (Business Park) | - |
| Performa of Agreement sale (Business Park) | - |
| SALE DEED & RTC | - |
| Approval letter plan specification with Gift deed | - |
| Approval letter with plan | - |
| Allotment letter | - |
| PROJECT SPECIFICATION | - |
| Encumbrance Certificate | - |
| 3(1) NON VIOLATION STATEMENT | - |
| KHATHA | - |
| PARTNERSHIP DEED | - |
| Conversion Order | - |
| Previous Project Details | - |
| Release Deed | - |
| POLLUTION | - |
| Approval letter with plan | - |
| Approval letter plan specification with Gift deed | - |
| Balance Sheet 2017 - 2018File: Balance Sheet 17-18.pdf | - |
| Balance Sheet 2016 - 2017File: Balance Sheet 16-17.pdf | - |
| Balance Sheet 2015 - 2016File: Balance Sheet 15-16.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: Profit & Loss 17-18.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: Profit & Loss 16-17.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: Profit & Loss 15-16.pdf | - |
| Director's Report 2017 - 2018File: Director Report.pdf | - |
| Director's Report 2016 - 2017File: Director Report.pdf | - |
| Director's Report 2015 - 2016File: Director Report.pdf | - |
| Cash Flow Statement 2017 - 2018File: Cash Flow Statement.pdf | - |
| Cash Flow Statement 2016 - 2017File: Cash Flow Statement.pdf | - |
| Auditor's Report 2017 - 2018File: Audit Report 17-18.pdf | - |
| Auditor's Report 2016 - 2017File: Audit Report 16-17.pdf | - |
| Auditor's Report 2015 - 2016File: Audit Report 15-16.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: IT Acknowledgement 17-18.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: IT Acknowledgement 16-17.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT Acknowledgement 15-16.pdf | - |
| FORM B | - |
| Prospectus/BrochureFile: Broucher of business park.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1273_318_PR_191015_002942.xlsx | - |
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Builder: M/S PRAGATI ASSOCIATES
M/S PRAGATI ASSOCIATES has 1 registration on RERA Karnataka, including Pragati Business Park. 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 Pragati Business Park is delayed beyond 8 Apr 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 Pragati Business Park?
The registered promoter entity is M/S PRAGATI ASSOCIATES, 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 Pragati Business Park?
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 Pragati Business Park?
The professionals named in the filing: Architect: S.K.RUDRESH; Engineer: RAVINDRA P.RAO. 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 Pragati Business Park?
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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