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SORAKE IRIS
RG-KA-86680 · RERA PRM/KA/RERA/1257/334/PR/180120/002258
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
SORAKE IRIS is a Mixed Development project by SORAKE ESTATES in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/180120/002258 on 20 Jan 2018. Possession is promised by 30 Jun 2019.
At a glance
Project
- NameSORAKE IRIS
- TypeMixed Development
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1257/334/PR/180120/002258
- ReraGenie IDRG-KA-86680
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on20 Jan 2018
- Promised completion30 Jun 2019
- Revised completionNone
- Buildings1 building record
- Documents filed60 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Sorake IRIS | - | - | - | - | - | 14 |
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) | 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 work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
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 | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | No | Not applicable |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | Yes | - |
| 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 | 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 | - |
| Gas | Yes | - |
| 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 | No | Not applicable |
| Provision for lodging of management staff and security staff | Yes | - |
| 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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed60
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/180120/002258 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: Reg certificate.pdf | - |
| License | - |
| Plan 1 | - |
| Layout plan | - |
| Sale deed | - |
| Sale agreement | - |
| Land document | - |
| plan 2 | - |
| Development plan | - |
| file | - |
| Broucher | - |
| Specifications | - |
| EC | - |
| Conversion | - |
| JDA | - |
| Katha | - |
| Fire NOC | - |
| Layout plan | - |
| Layout plan | - |
| Single site | - |
| Balance Sheet 2016 - 2017File: BS-2016.pdf | - |
| Balance Sheet 2015 - 2016File: SORAKE ESTATE-BS-2015-SCAN.pdf | - |
| Balance Sheet 2014 - 2015File: sorake estate b s 2014 - scan.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: PL-2016.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: SORAKE ESTATE- PL 2015 SCAN.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: sorake estate p & L 2014-scan.pdf | - |
| Director's Report 2016 - 2017File: audit report 16.pdf | - |
| Director's Report 2015 - 2016File: audit report 15.pdf | - |
| Director's Report 2014 - 2015File: audit report 14.pdf | - |
| Cash Flow Statement 2016 - 2017File: cashflow 16.pdf | - |
| Cash Flow Statement 2015 - 2016File: cashflow 15.pdf | - |
| Auditor's Report 2016 - 2017File: audit report 16.pdf | - |
| Auditor's Report 2015 - 2016File: audit report 15.pdf | - |
| Auditor's Report 2014 - 2015File: audit report 14.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: acknowledgement 16.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: acknowledgement 15.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: acknowledgment 2014.pdf | - |
| Form B | - |
| Prospectus/BrochureFile: Broucher.pdf | - |
| Advertisement Copy 1File: Ad Copy.pdf | - |
| Tower Excel SheetFile: Rera.xlsx | - |
| Stability CertificateFile: Structural stability.pdf | - |
| Road cutting permission letter issued by the planning Authority for laying Water supply line, sanitary line, UFile: Road cutting.pdf | - |
| NOC issued by the Fire Force department after completion of workFile: Fire clearance.pdf | - |
| Occupancy CertificateFile: OC (2).pdf | - |
| Consent for operation issued by KSPCBFile: KSPCB.pdf | - |
| Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Lift License.pdf | - |
| Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: transformer approval.pdf | - |
| Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: Water dept.pdf | - |
| Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: external infrastructure.pdf | - |
| Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: common areas.pdf | - |
| Details of undivided share of land handed over to the association of allotteesFile: undivided shares.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: Eng n arch certificate iris.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: form 4 CA.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Affidavit iris compl.pdf | - |
| Regarding Q3 ErrorFile: Q3 Error.pdf | - |
| Deed of DeclarationFile: Iris Dod_compressed.pdf | - |
| Acknowledgement from AssociationFile: Association Letter.pdf | - |
| Permission for GeneratorFile: Generator permission.pdf | - |
| Permission for Drainage connectionFile: drainage permission.pdf | - |
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Builder: SORAKE ESTATES
SORAKE ESTATES has 2 registrations on RERA Karnataka, including SORAKE IRIS and Sorake Helios. Its filings declare 1 earlier project, 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 SORAKE IRIS is delayed beyond 30 Jun 2019?
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 SORAKE IRIS?
The registered promoter entity is SORAKE ESTATES, 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 SORAKE IRIS?
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.
What should I check before booking in SORAKE IRIS?
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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