Home / Browse projects / Dakshina Kannada, Karnataka / RIBKO VALLEY
RIBKO VALLEY
By RAGHU SALIAN
RG-KA-41497 · RERA PRM/KA/RERA/1257/334/PR/131023/006318 · Last updated on RERA Karnataka portal: 10 Oct 2023
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
RIBKO VALLEY is a Residential/Group Housing project by RAGHU SALIAN in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/131023/006318 on 13 Oct 2023. Possession is promised by 27 Jul 2023.
At a glance
Project
- NameRIBKO VALLEY
- TypeResidential/Group Housing
- Location
- Mangalore
- Dakshina Kannada
- 575028
- Pincode575028
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/334/PR/131023/006318
- ReraGenie IDRG-KA-41497
Builder
- NameRAGHU SALIAN
- Entity typeProprietorship
- Authorized SignatoryRAGHU SALIAN
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on13 Oct 2023
- Promised completion27 Jul 2023
- Revised completionNone
- Buildings1 building record
- Documents filed104 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| RIBKO VALLEY | - | - | - | 16 | 0 | 16 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 10 Oct 2023, 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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | Not applicable |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| 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 | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | Not applicable |
Progress on shared amenities40
As on 10 Oct 2023, 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | No | Not applicable |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
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.
| Landowner | Village | District |
|---|---|---|
| RAGHU SALIAN | - | - |
| RAGHU SALIAN | - | - |
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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 3.84 cr | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SHALINI SURESH |
| Engineer | BHAVISH SALIAN |
| Chartered Accountant | SRINIDHI RAO |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed104
As listed on the registration, under the names the promoter filed them with; the newest 80 of 104 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/131023/006318 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| FINANICAL STATEMENT 2023-24File: FS AY 2023-24.pdf | 10 Oct 2023 |
| FINANICAL STATEMENT 2022-23File: FS AY 2022-23.pdf | 10 Oct 2023 |
| FINANICAL STATEMENT 2021-22File: FS AY 2021-22.pdf | 10 Oct 2023 |
| BANK ACCOUNTFile: bank statement-final.pdf | 10 Oct 2023 |
| BANK AFFIDAVITFile: bank affidavit.pdf | 10 Oct 2023 |
| BANK ACCOUNT WITH BANK AFFIDAVITFile: bank affidavit with bank statement.pdf | 10 Oct 2023 |
| CA CERTIIFCATEFile: ca certificate-revised.pdf | 10 Oct 2023 |
| BUILDING LICENCE OLDFile: building licence old.jpeg | 10 Oct 2023 |
| OLD SANCTION PLANFile: sanction plan old_compressed.pdf | 10 Oct 2023 |
| REVISED LICENCEFile: building licence revised.pdf | 10 Oct 2023 |
| REVISED PLANFile: Sanctioned plan revised_compressed.pdf | 10 Oct 2023 |
| clarificationFile: Clarification.pdf | 10 Oct 2023 |
| RTC, survey 44/1A | - |
| Mutation, survey 44/1A | - |
| Encumbrance Certificate, survey 44/1A | - |
| Conversion/Alienation Order, survey 44/1A | - |
| Sale/Title/Gift Deed, survey 44/1A | - |
| Khatha, survey 44/1A | - |
| RTC, survey 44/1A | - |
| Mutation, survey 44/1A | - |
| Encumbrance Certificate, survey 44/1A | - |
| Conversion/Alienation Order, survey 44/1A | - |
| Sale/Title/Gift Deed, survey 44/1A | - |
| Khatha, survey 44/1A | - |
| Registration CertificateFile: trade licence.pdf | - |
| Certificate issued by CA Form 1File: ca certificate-revised.pdf | - |
| Certificate issued by Architect Form 2File: form 2 architect.pdf | - |
| Certificate issued by Engineer Form 3File: Form -3, Engineer.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: litigation affidavit.pdf | - |
| Certificate from Chartered AccountFile: ca certificate-revised.pdf | - |
| Balance Sheet 2021 - 2022File: BS 2023.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: PL 2023.pdf | - |
| Cash Flow Statement 2021 - 2022File: IS 2023.pdf | - |
| Cash Flow Statement 2020 - 2021File: IS 2022.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: ITR AY 2023-24.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR AY 2022-23.pdf | - |
| building licence | - |
| Sanctioned plan | - |
| Single layout | - |
| Sanctioned plan | - |
| Sanctioned plan | - |
| Sanctioned plan | - |
| specification | - |
| Single layout | - |
| Single layout | - |
| stability certificate | - |
| search report | - |
| title deed | - |
| conversion 1_compressed | - |
| conversion 2_compressed | - |
| title deed | - |
| Proforma AOS | - |
| proforma allotment letter | - |
| form b_compressed | - |
| affidavit 3(1) | - |
| mescom noc | - |
| water noc | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| CFE pollution noc | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| title deed 1_compressed | - |
| title deed 2_compressed | - |
| title deed 3_compressed | - |
| title deed 4_compressed | - |
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Builder: RAGHU SALIAN
RAGHU SALIAN has 1 registration on RERA Karnataka, including RIBKO VALLEY. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.
Frequently asked questions
What are my rights if RIBKO VALLEY is delayed beyond 27 Jul 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 RIBKO VALLEY?
The registered promoter entity is RAGHU SALIAN, a proprietorship 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 RIBKO VALLEY?
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 RIBKO VALLEY?
The professionals named in the filing: Architect: SHALINI SURESH; Engineer: BHAVISH SALIAN; Chartered Accountant: SRINIDHI RAO. 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 RIBKO VALLEY?
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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