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Registration approved Residential/Group Housing project

RR CORAL EDGE

By RAMACHANDRA NAIDU RAVI

RG-KA-49956 · RERA PRM/KA/RERA/1273/320/PR/200304/003321 · Last updated on RERA Karnataka portal: 26 Feb 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
Sep 2023Possession promisedmoved 9 months from the original
0 of 15Construction stages donefurthest along: Earth work and other leveling..., 0%
92 of 92Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 90 documents Report an error

RR CORAL EDGE is a Residential/Group Housing project by RAMACHANDRA NAIDU RAVI in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/320/PR/200304/003321 on 4 Mar 2020. Possession is promised by 30 Sep 2023. The completion date has moved by 9 months from the original filing. 0 of the 92 units on this registration are recorded sold or booked, and 0 of 15 construction stages are filed complete.

At a glance

Project

  • NameRR CORAL EDGE
  • TypeResidential/Group Housing
  • Location
    • Kundapura
    • Udupi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/320/PR/200304/003321
  • ReraGenie IDRG-KA-49956

Builder

  • NameRAMACHANDRA NAIDU RAVI
  • Entity typeProprietorship Firm
  • Authorized SignatoryRAMACHANDRA NAIDU RAVI

Key dates

this monthRegisteredMar 2020First promiseDec 2022Revised toSep 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on4 Mar 2020
  • Promised completion30 Sep 2023
  • Revised completionRevised to 30 Sep 2023 (originally 30 Dec 2022)
  • Buildings2 building records
  • Documents filed90 files

Current status

0%0 of 92 units booked

Figures as on 26 Feb 2020, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
RR CORAL EDGE BLOCK A---52052
RR CORAL EDGE BLCOK B---40040

The full filing

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

Construction progress by building1

As on 26 Feb 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.

0 of 15 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.

Building: 0% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)Not applicable
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

As on 26 Feb 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 & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
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 managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
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-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyNoNot 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.

Land area4,834 sq m
Land owned byNot the promoter
Named landownersNone

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 15.11 cr

Certifying professionals and partners2

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

RoleName
ArchitectYOGISH CHANDRA DHARA
EngineerM.GOPAL BHAT

Extensions applied for1

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

ExtensionDec 2022 → Sep 2023

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed90

As listed on the registration, under the names the promoter filed them with; the newest 80 of 90 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1273/320/PR/200304/003321 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
ITR 2019-20 UDI NO:19207769AAAAFM2991File: ITR 2019-20 BALANCE SHEET ECT.pdf26 Feb 2020
ITR 2018-19File: ITR 2018-19.pdf26 Feb 2020
power supply authorities(MESCOM NOC)File: mescom noc.pdf15 Feb 2020
WATER SUPPLY NOCFile: water suply.pdf15 Feb 2020
ITR for the assessment year 2019-20 & balance sheet, Profit and loss account ectFile: ITR BALANCE SHEET P&L ACCOUNT ECT 2019-20.pdf15 Feb 2020
ITR 2018-19File: AK AY 2018-19.jpg15 Feb 2020
balance sheet 2018-19File: BALANCE SHEET AY 2018-19.jpg15 Feb 2020
profit and loss account 2018-19File: PROFIT AND LOSS ACCOUNT AY 2018-19.jpg15 Feb 2020
cash flow statement 2018-19File: CASH FLOW STATEMENT AY 2018-19.jpg15 Feb 2020
statement of income 2018-19File: STATEMENT OF INCOME AY 2018-19.jpg15 Feb 2020
audit report 2018-19File: AUDIT REPORT AY 2018-19.pdf15 Feb 2020
AY 2018-19 ALL STATMENT IN BALANCE SHEET ECTFile: AY 2018-19 ALL SATEMENT IN BALANCE SHEET ECT.pdf15 Feb 2020
REMAINING FEES AMOUNT PAID -CHALLAN ATTACHEDFile: RR CORAL EDGE PAYMENT CHALLAN.pdf22 Jan 2020
AUDIT REPORT 2018-19File: AUDIT REPORT 2018-19.pdf22 Jan 2020
BALANCE SHEET 2018-19File: BLANCE SHEET 2018-19.jpg22 Jan 2020
FIXED ASSETS 2018-19File: FIXED ASSETS 2018-19.jpg22 Jan 2020
ITR ACK 2018-19File: ITR ACK 2018-19.jpg22 Jan 2020
2018-19 FULL STATEMENTFile: 2018-19 FULL SATEMENTS.pdf22 Jan 2020
2019-20 FULL STATAMENTFile: ITR ACK AND SATEMENT OF INCOME P&L ACCOUNT BALANCE SHEET 2019-20.pdf22 Jan 2020
PROFIT AND LOSS ACCOUNT 2018-19File: PROFT AND LOSS ACCOUNT 2018-19.jpg22 Jan 2020
EC 15 YEARSFile: EC.pdf22 Jan 2020
CONVERSION ORDER 167/3C1File: CONVERSION ORDER 1673C1.pdf22 Jan 2020
FROM BFile: FROM B.pdf22 Jan 2020
CONVERSION ORDER 170/3File: CONVARTION ORDER.pdf22 Jan 2020
COMMENCEMENT CERTIFICATE-
SINGAL LAYOUT-
SANCTION PLAN-
Proforma of sale DEED-
Agreement For Sale of Apartment-
SALEDEED-
SANCTION PLAN low size-
SINGAL LAYOUT-
Brochure of Current Project-
specifications-
EC-
Notarized Affidavit for 3(1) Violation-
E KATHA-
SALEDEED-
LAND MOTHER DEED-
CONVARTION ORDER-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Karnataka State Pollution Control Board-
Unnamed document-
Unnamed document-
Unnamed document-
Karnataka State Pollution Control Board-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
SANCTION PLAN low size-
e-brochure-
CONVARTION ORDER-
PASS BOOK RSC-
Balance Sheet 2018 - 2019File: BALANCE SHEET AY 2018-19.jpg-
Balance Sheet 2017 - 2018File: BALANCE SHEET AY 2017-18.jpg-
Balance Sheet 2016 - 2017File: BALANCE SHEET 2016-17.jpg-
Audited Profit and Loss Statement 2018 - 2019File: PROFIT AND LOSS ACCOUNT AY 2018-19.jpg-
Audited Profit and Loss Statement 2017 - 2018File: PROFIT AND LOSS ACCOUNT AY 2017-18.jpg-
Audited Profit and Loss Statement 2016 - 2017File: PROFIT AND LOSS ACCOUNT 2016-17.jpg-
Director's Report 2018 - 2019File: STATEMENT OF INCOME AY 2018-19.jpg-
Director's Report 2017 - 2018File: SATEMENT OF INCOME AY 2017-18.jpg-
Director's Report 2016 - 2017File: STATEMNT OF INCOME 2016-17.jpg-
Cash Flow Statement 2018 - 2019File: CASH FLOW STATEMENT AY 2018-19.jpg-
Cash Flow Statement 2017 - 2018File: CASH FLOW SATEMENT.jpg-
Auditor's Report 2018 - 2019File: AUDIT REPORTAY 2018-19.pdf-
Auditor's Report 2017 - 2018File: AY 2017-18.pdf-
Auditor's Report 2016 - 2017File: AY 2016-17.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: AK AY 2018-19.jpg-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one moved by 9 months
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

2 kmRR CORAL EDGEOther 3Dot size: filed unitsN

Filed coordinates, straight-line distance. 3 registered projects within 2 km.

Builder: RAMACHANDRA NAIDU RAVI

RAMACHANDRA NAIDU RAVI has 1 registration on RERA Karnataka, including RR CORAL EDGE. 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 RR CORAL EDGE is delayed beyond 30 Sep 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 RR CORAL EDGE?

The registered promoter entity is RAMACHANDRA NAIDU RAVI, 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 RR CORAL EDGE?

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 RR CORAL EDGE?

The professionals named in the filing: Architect: YOGISH CHANDRA DHARA; Engineer: M.GOPAL 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 RR CORAL EDGE?

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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