Home / Browse projects / Dakshina Kannada, Karnataka / PRESTIGE VALLEY CREST PHASE I
PRESTIGE VALLEY CREST PHASE I
By PRESTIGE ESTATES PROJECTS LIMTED
RG-KA-51630 · RERA PRM/KA/RERA/1257/334/PR/171014/000388
Source: official RERA Karnataka filing
Red flags
- 3 complaints at RERA Karnataka
- Completion date moved by 21 months
- 2 extensions taken
Clear
- Separate project account declared
Saved.
PRESTIGE VALLEY CREST PHASE I is a Residential/Group Housing project by PRESTIGE ESTATES PROJECTS LIMTED in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171014/000388 on 14 Oct 2017. Possession is promised by 30 Mar 2023. The completion date has moved by 21 months from the original filing. 3 complaints are on record with the regulator.
At a glance
Project
- NamePRESTIGE VALLEY CREST PHASE I
- TypeResidential/Group Housing
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- RERA no.PRM/KA/RERA/1257/334/PR/171014/000388
- ReraGenie IDRG-KA-51630
Builder
- NamePRESTIGE ESTATES PROJECTS LIMTED
- Entity typeCompany
- CINU07010KA1997PLC022322
- Authorized SignatorySWAROOP ANISH
- OthersKEZYA DE BRAGANZA
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on14 Oct 2017
- Promised completion30 Mar 2023
- Revised completionRevised to 30 Mar 2023 (originally 30 Jun 2021)
- Buildings1 building record
- Documents filed59 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Prestige valley Crest Tower 2 | - | - | - | 260 | 0 | 260 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
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:
| 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 | - |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities41
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 | Yes | - |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | Yes | - |
| Water conservation | No | Not applicable |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Education/Health/Other public amenities | No | Not applicable |
| Electricity supply transformer and substation | No | Not applicable |
| 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 | No | Not applicable |
| Club House | Yes | - |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | Yes | - |
| Parks | Yes | - |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | Yes | - |
| 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 | Yes | - |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not 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.
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 | Abhay Itty Zachariah |
| Engineer | PRUTHVIRAJ |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Reason as filed by the promoterothers
Complaints filed with RERA Karnataka3
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CMP/210702/0008090 | - | PRESTIGE ESTATES PROJECTS LIMTED | 02/07/2021 |
| 00622/2023 | - | PRESTIGE ESTATES PROJECTS LIMTED | 02/05/2023 |
| 01146/2026 | - | PRESTIGE ESTATES PROJECTS LIMTED | 23/09/2026 |
Documents filed59
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/171014/000388 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: Annexure 1 Incorporation Certificate.pdf | - |
| Architect Certificate for Work Completion Schedule till DateFile: Architect-status.PDF | - |
| Engineer Certificate for Work Completion Schedule till DateFile: Engineer-Completion_compressed.pdf | - |
| CA Certificate for Funds UtilizationFile: CA-fund utilised.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: Architect-pending.PDF | - |
| Engineer Certificate for Pending Work Completion Schedule.File: Engineer-Pending_compressed.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: CA-certificate.pdf | - |
| AffidavitFile: Affidavit.pdf | - |
| Latest Encumbrance CertificateFile: EC.PDF | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails (1).xlsx | - |
| NOC DetailsFile: Summary of Renewal of Approvals.pdf | - |
| Document 1File: Delay-supporting documents.pdf | - |
| Work Order | - |
| DP-Plan | - |
| DP-Plan | - |
| Sale Deed | - |
| Agreement to Sell | - |
| GPA | - |
| Section | - |
| PVC - CDP | - |
| Proforma of Allotment Letter - PVC PHASE 1 | - |
| Prestige Valley Crest Brochure - | - |
| NOC | - |
| PRESTIGE VALLEY CREST SPECIFICATIONS-New | - |
| EC-combined | - |
| Katha All | - |
| JDA | - |
| GPA | - |
| OM-All | - |
| opinion-final | - |
| PVC fire noc | - |
| PCB | - |
| Environmental | - |
| Unnamed document | - |
| Balance Sheet 2015 - 2016File: PEPL BALANC E SHEET AS ON 31ST 2016.pdf | - |
| Balance Sheet 2014 - 2015File: PEPL BALANC E SHEET AS ON 31ST 2015.pdf | - |
| Balance Sheet 2013 - 2014File: PEPL BALANC E SHEET AS ON 31ST 2014.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: PEPL P L AS ON 31ST 2016.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: PEPL P L AS ON 31ST 2015.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: PEPL P L AS ON 31ST 2014.pdf | - |
| Director's Report 2015 - 2016File: Directors Report 15-16.pdf | - |
| Director's Report 2014 - 2015File: Directors Report 14-15.pdf | - |
| Director's Report 2013 - 2014File: Directors Report 13-14.pdf | - |
| Cash Flow Statement 2015 - 2016File: PEPL CASH FLOW AS ON 31ST 2016.pdf | - |
| Cash Flow Statement 2014 - 2015File: CASH FLOW AS ON 31ST 2015.pdf | - |
| Auditor's Report 2015 - 2016File: PEPL-Auditors Report -Mar16.pdf | - |
| Auditor's Report 2014 - 2015File: PEPL Auditors Report Mar15.pdf | - |
| Auditor's Report 2013 - 2014File: PEPL Auditors Report March 2014.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: PEPL INCOME TAX-2016-17.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: PEPL INCOM TAX-2015-16.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: PEPL-INCOM TAX-2014-15.pdf | - |
| 0498_001 | - |
| Prospectus/BrochureFile: Prestige Valley Crest Brochure.pdf | - |
| Advertisement Copy 1File: PVC NEW ADS - Ph1.JPG | - |
| Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_171014_000388.xlsx | - |
| Delay ReasonFile: Delay Analysis - Valley Crest - R0 - 23022022.pdf | - |
| Occupancy CertificateFile: Valley Crest - OC.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit-Valley Crest.pdf | - |
| ThanksFile: Valley Crest - OC.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.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| PRESTIGE TECH PLATINA | - | Completed | Jul 2017 | No date filed |
| PRESTIGE KHODAY TOWERS | - | Completed | Jul 2017 | No date filed |
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How this compares with Dakshina Kannada
Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.
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Builder: PRESTIGE ESTATES PROJECTS LIMTED
PRESTIGE ESTATES PROJECTS LIMTED has 1 registration on RERA Karnataka, including PRESTIGE VALLEY CREST PHASE I. Its filings declare 2 earlier projects, 2 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 PRESTIGE VALLEY CREST PHASE I is delayed beyond 30 Mar 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 PRESTIGE VALLEY CREST PHASE I?
The registered promoter entity is PRESTIGE ESTATES PROJECTS LIMTED, a company as per the filing. Its CIN U07010KA1997PLC022322 can be cross-checked on the MCA and GST portals. 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 PRESTIGE VALLEY CREST PHASE I?
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.
How do I read the complaint cases filed against PRESTIGE VALLEY CREST PHASE I?
Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
Who certifies construction progress at PRESTIGE VALLEY CREST PHASE I?
The professionals named in the filing: Architect: Abhay Itty Zachariah; Engineer: PRUTHVIRAJ. 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 PRESTIGE VALLEY CREST PHASE I?
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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