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PREMIER ARCADE
RG-KA-77928 · RERA PRM/KA/RERA/1274/351/PR/180905/002000
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 6 months
- 1 extension taken
Clear
- Separate project account declared
Saved.
PREMIER ARCADE is a Mixed Development project by PREMIER LIFESTYLES in Uttara Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1274/351/PR/180905/002000 on 5 Sep 2018. Possession is promised by 30 Jun 2021. The completion date has moved by 6 months from the original filing.
At a glance
Project
- NamePREMIER ARCADE
- TypeMixed Development
- Location
- Karwar
- Uttara Kannada
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1274/351/PR/180905/002000
- ReraGenie IDRG-KA-77928
Builder
- NamePREMIER LIFESTYLES
- Entity typePartnership Firm
- Authorized SignatoryDinkar Sukaru Salunke
- OthersTanuja Dinkar Salunke, Prateek Dinkar Salunke
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on5 Sep 2018
- Promised completion30 Jun 2021
- Revised completionRevised to 30 Jun 2021 (originally 31 Dec 2020)
- BuildingsNot stated in filing
- Documents filed1 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 | Mrs. Kanchan Vernekar |
| Engineer | Mr. B. Mahesh |
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
Documents filed1
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/1274/351/PR/180905/002000 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: Registration certificate.pdf | - |
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Builder: PREMIER LIFESTYLES
PREMIER LIFESTYLES has 1 registration on RERA Karnataka, including PREMIER ARCADE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Uttara Kannada district page.
Frequently asked questions
What are my rights if PREMIER ARCADE is delayed beyond 30 Jun 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 PREMIER ARCADE?
The registered promoter entity is PREMIER LIFESTYLES, 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 PREMIER ARCADE?
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 PREMIER ARCADE?
The professionals named in the filing: Architect: Mrs. Kanchan Vernekar; Engineer: Mr. B. Mahesh. 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 PREMIER ARCADE?
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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