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residential cum shopping centre
RG-KA-14223 · RERA PRM/KA/RERA/1273/319/PR/191116/003006 · 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.
residential cum shopping centre is a Mixed Development project by Palli Properties in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/319/PR/191116/003006 on 16 Nov 2019. Possession is promised by 2 Jun 2022. The completion date has moved by 9 months from the original filing.
At a glance
Project
- Nameresidential cum shopping centre
- TypeMixed Development
- Location
- Karkala
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/319/PR/191116/003006
- ReraGenie IDRG-KA-14223
Builder
- NamePalli Properties
- Entity typeProprietorship Firm
- Authorized Signatoryarvind hegde
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on16 Nov 2019
- Promised completion2 Jun 2022
- Revised completionRevised to 2 Jun 2022 (originally 2 Sep 2021)
- BuildingsNot stated in filing
- Documents filed39 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 | YOGISH CHANDRA DHAR |
| Engineer | M.GOAPL BHAT |
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 filed39
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/1273/319/PR/191116/003006 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: 16.jpg | - |
| BUILDING LICENCE | - |
| PALLI ARVIND HEGDE | - |
| SANCTION PLAN | - |
| Release deed | - |
| Palli PROFORMA OF AGREEMENT FOR SALE | - |
| RTC | - |
| PALLI ARVIND HEGDE | - |
| PALLI ARVIND HEGDE | - |
| BROCHER_compressed | - |
| SPECIFICATION | - |
| EC | - |
| Notarized Affidavit for 3(1) Voliation | - |
| AFFIDAVITH CUM DECLARATION | - |
| RTC | - |
| Release deed | - |
| water connection | - |
| noc mescom | - |
| PALLI ARVIND HEGDE | - |
| SPECIFICATION | - |
| conversion order | - |
| Balance Sheet 2017 - 2018File: SOI -2019-20.pdf | - |
| Balance Sheet 2016 - 2017File: ITR AK 2018-19.pdf | - |
| Balance Sheet 2015 - 2016File: SOI 2017-18.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: SOI -2019-20.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: ITR AK 2018-19.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: SOI 2017-18.pdf | - |
| Director's Report 2017 - 2018File: SOI -2019-20.pdf | - |
| Director's Report 2016 - 2017File: ITR AK 2018-19.pdf | - |
| Director's Report 2015 - 2016File: SOI 2017-18.pdf | - |
| Cash Flow Statement 2017 - 2018File: SOI -2019-20.pdf | - |
| Cash Flow Statement 2016 - 2017File: ITR AK 2018-19.pdf | - |
| Auditor's Report 2017 - 2018File: SOI -2019-20.pdf | - |
| Auditor's Report 2016 - 2017File: ITR AK 2018-19.pdf | - |
| Auditor's Report 2015 - 2016File: SOI 2017-18.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR AK 2019-20.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR AK 2018-19.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR AK 2017-18.pdf | - |
| AFIDAVITH_compressed | - |
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Builder: Palli Properties
Palli Properties has 1 registration on RERA Karnataka, including residential cum shopping centre. 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 residential cum shopping centre is delayed beyond 2 Jun 2022?
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 residential cum shopping centre?
The registered promoter entity is Palli Properties, a proprietorship 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 residential cum shopping centre?
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 residential cum shopping centre?
The professionals named in the filing: Architect: YOGISH CHANDRA DHAR; Engineer: M.GOAPL 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 residential cum shopping centre?
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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