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Registration approved Mixed Development project

PRATHEEK PRIME

By PRAFULLACHANDRA RAO U

RG-KA-25401 · RERA PRM/KA/RERA/1273/318/PR/201222/003755 · Last updated on RERA Karnataka portal: 2 Dec 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
Dec 2024Possession promisedno revision filed
0 of 17Construction stages donefurthest along: Earth work and other leveling..., 0%
53 of 53Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 51 documents Report an error

PRATHEEK PRIME is a Mixed Development project by PRAFULLACHANDRA RAO U in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/201222/003755 on 22 Dec 2020. Possession is promised by 31 Dec 2024. 0 of the 53 units on this registration are recorded sold or booked, and 0 of 17 construction stages are filed complete.

At a glance

Project

  • NamePRATHEEK PRIME
  • TypeMixed Development
  • Location
    • Udupi
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1273/318/PR/201222/003755
  • ReraGenie IDRG-KA-25401

Builder

  • NamePRAFULLACHANDRA RAO U
  • Declared earlier projects1 →

Key dates

this monthRegisteredDec 2020PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on22 Dec 2020
  • Promised completion31 Dec 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed51 files

Current status

0%0 of 53 units booked

Figures as on 2 Dec 2020, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PRATHEEK PRIME-----53

The full filing

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

Construction progress by building1

As on 2 Dec 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 17 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)-
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 networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 2 Dec 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 disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
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 escapesYes-
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 staffYes-
Water conservation and renewable energyNoNot applicable

Land and ownership1

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area2,925 sq m
Land owned byNot the promoter
Named landowners1
LandownerVillageDistrict
PRAFULLACHANDRA RAO U and POORNIMA P RAO--

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 12.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectRAMANI HANDE P.S
EngineerU RAJENDRA MAIYA

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed51

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/201222/003755 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
The said project is being jointly developed by the two individualsFile: Purchased Deed 04-04-2018 RTC.pdf2 Dec 2020
KSPCB NOCFile: KSPCB NOC .pdf2 Dec 2020
Promoter nameFile: Promoter name.pdf27 Nov 2020
Land Owners DetailsFile: Land Owners.pdf27 Nov 2020
NOC from Local Water SupplyFile: NOC of Local Water Supply.pdf27 Nov 2020
Clear Copy of PlanFile: All Plans.pdf27 Nov 2020
PlansFile: EXISTING SECTION PLAN AND SPECIFICATION.pdf27 Nov 2020
SINGLE LAYOUT PLAN AND ORDER (1)-
All Plans-
Aproval Letter(Licence) (1)-
PRATHEEK PRIME Sale Deed Format-
PRATHEEK PRIME Agreement for Sale RERA Formt-
Purchased Deed 04-04-2018 RTC-
EXISTING SECTION PLAN AND SPECIFICATION-
AREA DEVELOPMENT PLAN-
PRATHEEK PRIME Alotment Letter Format-
Pratheek-Prime-Brochure-
PROJECT SPECIFICATION (1)-
EC up to 29-09-2020-
RERA Section 3(1)-
KHATHA (1)-
Purchased Deed 04-04-2018 RTC-
Unnamed document-
MESCOM CONNECTION-
Unnamed document-
Stability certificate-
EXISTING SECTION PLAN AND SPECIFICATION-
Aproval Letter (1)-
All Plans-
PRATHEEK PRIME LSR (1)-
Balance Sheet 2019 - 2020File: Balance Sheet 2019.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 2018.pdf-
Balance Sheet 2017 - 2018File: Balance Sheet 2017.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit and Loss 2019 (1).pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit and Loss 2018.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Profit and Loss 2017.pdf-
Cash Flow Statement 2019 - 2020File: Cash Flow Statement 2019.pdf-
Cash Flow Statement 2018 - 2019File: Balance Sheet 2018.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR AY2019-20.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR AY2018-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR AY2017-18.pdf-
NOTARISED FORM B-
Prospectus/BrochureFile: BROCHURE NEW FULL.pdf-
Advertisement Copy 1File: BROUCHER WITH RERA NUMBER.jpg-
Tower Excel SheetFile: PRM_KA_RERA_1273_318_PR_201222_003755.xlsx-
Occupancy CertificateFile: OC.pdf-
Architect certificate for having completed the work(in format no 5)File: architect completion.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-
ENGINEER CERTIFICATEFile: engineer completion.pdf-
COMPLETIONFile: completion certificate.pdf-

Promoter's earlier projects1

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.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
“LAXMINARAYANI”-Completed-Not delivered

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
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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Builder: PRAFULLACHANDRA RAO U

PRAFULLACHANDRA RAO U has 1 registration on RERA Karnataka, including PRATHEEK PRIME. Its filings disclose 1 earlier RERA Karnataka project, none completed yet. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if PRATHEEK PRIME is delayed beyond 31 Dec 2024?

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 PRATHEEK PRIME?

The registered promoter entity is PRAFULLACHANDRA RAO U. 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 PRATHEEK PRIME?

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 PRATHEEK PRIME?

The professionals named in the filing: Architect: RAMANI HANDE P.S; Engineer: U RAJENDRA MAIYA. 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 PRATHEEK PRIME?

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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