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Registration approved Residential/Group Housing project

RAAM RESIDENCY

By ASHA INFRA DEVELOPERS

RG-KA-65216 · RERA PRM/KA/RERA/1257/334/PR/200117/003192 · Last updated on RERA Karnataka portal: 9 Jan 2020

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
Mar 2023Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 55 documents Report an error

RAAM RESIDENCY is a Residential/Group Housing project by ASHA INFRA DEVELOPERS in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/200117/003192 on 17 Jan 2020. Possession is promised by 30 Mar 2023. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameRAAM RESIDENCY
  • TypeResidential/Group Housing
  • Location
    • Mangalore
    • Dakshina Kannada
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/200117/003192
  • ReraGenie IDRG-KA-65216

Builder

  • NameASHA INFRA DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryRASHMI ALANKAR
  • OthersB.SHEKARA, BABA ALANKAR, B.NAGESH
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredJan 2020First promiseJun 2022Revised toMar 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Jan 2020
  • Promised completion30 Mar 2023
  • Revised completionRevised to 30 Mar 2023 (originally 30 Jun 2022)
  • Buildings1 building record
  • Documents filed55 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
RAAM RESIDENCY---32032

The full filing

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

Construction progress by building1

As on 9 Jan 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.

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)Not applicable
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 9 Jan 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 waterYes-
Solid waste management and disposalNoNot applicable
Water conservationYes-
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 energyYes-
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-
GasYes-
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 WallNoNot applicable
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes-

Land and ownership2

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

Land area1,371 sq m
Named landowners2
LandownerVillageDistrict
B.SHEKARA--
B.NAGESH--

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 6.97 cr

Certifying professionals and partners2

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

RoleName
ArchitectKAVITHA
EngineerDESIGN ASSOICATES,ANAND BHAT

Extensions applied for1

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

ExtensionJun 2022 → Mar 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed55

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/200117/003192 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
REGISTERED JDAFile: REGISTEREDVjd 9-1-2020.pdf9 Jan 2020
AFFIDAVITFile: AFFIDAVIT.pdf24 Dec 2019
AUDIT REPORT 18File: AUDIT REPORT 18.pdf24 Dec 2019
AUDIT REPORT 17, NO AUDIT REPORT AS THE FIRM JUST STARTED,AS PER CA ,AUDIT REPORT NOT REQDFile: AUDIT REPORT NA.pdf24 Dec 2019
AUDIT REPORT 19File: Audit report19_compressed.pdf24 Dec 2019
BALANCE SHEET 17File: BALANCE SHEET 17.pdf24 Dec 2019
BALANCE SHEET 18File: BALANCE SHEET18.pdf24 Dec 2019
ITR 17File: ITR 17.pdf24 Dec 2019
ITR 18File: ITR18.pdf24 Dec 2019
ITR 19File: itr19.pdf24 Dec 2019
JDFile: JD raam residency.pdf24 Dec 2019
KHATA COMPLETE SETFile: KHATANEW.pdf24 Dec 2019
NOC FOR WATER AND ELECTRICITY NOT APPLICABLEFile: NOT APP POWER WATER.pdf24 Dec 2019
P AND L 17File: p and L 2017.pdf24 Dec 2019
P AND L 18File: P AND L 2018.pdf24 Dec 2019
P AND L 19File: Profit loss19.pdf24 Dec 2019
SELF ATTESSTED PANFile: PAN.jpg24 Dec 2019
OUR PARTNERSHIP FIRM IS NOT REGISTERED,HENCE PARTNERSHIP DEED UPLOADEDFile: PARTNER DEED.pdf24 Dec 2019
BALANCE SHEET 19File: Balance sheet19.pdf24 Dec 2019
FORM BFile: form B.pdf24 Dec 2019
building license-
small size-
small size-
small size-
land document-
small size-
small size-
SPECIFICATION-
EC-
form B-
form B-
khata-ramresi-
JD raam residency-
fire_compressed-
pollution control-
small size-
small size-
conversion_compressed-
Balance Sheet 2018 - 2019File: Balance sheet19.pdf-
Balance Sheet 2017 - 2018File: BALANCE SHEET18.pdf-
Balance Sheet 2016 - 2017File: BALANCE SHEET 17.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit loss19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: P AND L 2018.pdf-
Audited Profit and Loss Statement 2016 - 2017File: p and L 2017.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: itr19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: ITR18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR 17.pdf-
form B-
Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_200117_003192.xlsx-
Occupancy CertificateFile: cc.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: NOC Mescom.pdf-
Architect certificate for having completed the work(in format no 5)File: Form 5.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4 CC COMPRESED.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit.pdf-
Form 6File: Form 6.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
JAYAKRISHNA-OngoingJun 2021Not 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 kmRAAM RESIDENCYOther 81Dot size: filed unitsN

Filed coordinates, straight-line distance. 81 registered projects within 2 km.

Builder: ASHA INFRA DEVELOPERS

ASHA INFRA DEVELOPERS has 3 registrations on RERA Karnataka, including JAYA KRISHNA and RATHNA. Its filings declare 2 earlier projects, 1 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 RAAM RESIDENCY 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 RAAM RESIDENCY?

The registered promoter entity is ASHA INFRA DEVELOPERS, 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 RAAM RESIDENCY?

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 RAAM RESIDENCY?

The professionals named in the filing: Architect: KAVITHA; Engineer: DESIGN ASSOICATES,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 RAAM RESIDENCY?

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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