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Registration approved Commercial project

Surabhi Lotus

By Surabhi Builders & Developers

RG-KA-32816 · RERA PRM/KA/RERA/1273/318/PR/190523/002568 · Last updated on RERA Karnataka portal: Not stated

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
Jan 2020Possession promisedno revision filed
0 of 14Construction stages donefurthest along: Earth work and other leveling..., 0%
37 of 37Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 32 documents Report an error

Surabhi Lotus is a Commercial project by Surabhi Builders & Developers in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/190523/002568 on 23 May 2019. Possession is promised by 30 Jan 2020. 0 of the 37 units on this registration are recorded sold or booked, and 0 of 14 construction stages are filed complete.

At a glance

Project

  • NameSurabhi Lotus
  • TypeCommercial
  • Location
    • Udupi
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/318/PR/190523/002568
  • ReraGenie IDRG-KA-32816

Builder

  • NameSurabhi Builders & Developers
  • Entity typePartnership Firm
  • Authorized SignatoryKrishna Pilar Bhat

Key dates

this monthRegisteredMay 2019PromisedJan 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on23 May 2019
  • Promised completion30 Jan 2020
  • Revised completionNone
  • Buildings1 building record
  • Documents filed32 files

Current status

0%0 of 37 units booked

Figures as on Not stated, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Surabhi Lotus---37037

The full filing

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

Construction progress by building1

As on Not stated, 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 14 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)Not applicable
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

As on Not stated, 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 waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
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 waterNoNot applicable
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-
GasNoNot applicable
Water and SanitationNoNot applicable
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-
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
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 area1,254 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 5.90 cr

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed32

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/1273/318/PR/190523/002568 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Firm Registration.pdf-
Commencement Certificate-
Original Sanction Plan-
Town & Country Planning-
Porforma of Sale Deed-
Proforma of Agreement for Sale-
Sale Deed & RTC-
Original Sanction Plan-
Broucher-
Specifications-
Encumberence Certificate-
Affidavit 28-2-2019-
Clarification-
Conversion Certificate-
Stability Certificate-
Advocate Search Report-
Balance Sheet 2017 - 2018File: Balance Sheet 2018-19.pdf-
Balance Sheet 2016 - 2017File: Balance Sheet 2017-18.pdf-
Balance Sheet 2015 - 2016File: Balance Sheet 2016-17.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Auditor Profit Loss Statement 2018-19.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Auditor Profit Loss Statement 2017-18.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Auditor Profit Loss Statement 2016-17.pdf-
Auditor's Report 2017 - 2018File: 1st Page IT Return 2018-2019.pdf-
Auditor's Report 2016 - 2017File: 1st Page IT Return 2017-2018.pdf-
Auditor's Report 2015 - 2016File: 1st Page IT Return 2016-2017.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Acknoledgement 2018-19.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Acknoledgement 2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Acknoledgement 2016-17.pdf-
Declaration-
Tower Excel SheetFile: PRMKARERA1273318PR190523002568.xlsx-
Occupancy CertificateFile: OC.pdf-
Completion certificate issued by the competent authorityFile: OC.pdf-

How this compares with Udupi

0%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
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 kmSurabhi LotusOther 42Dot size: filed unitsN

Filed coordinates, straight-line distance. 42 registered projects within 2 km.

Builder: Surabhi Builders & Developers

Surabhi Builders & Developers has 1 registration on RERA Karnataka, including Surabhi Lotus. 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 Surabhi Lotus is delayed beyond 30 Jan 2020?

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 Surabhi Lotus?

The registered promoter entity is Surabhi Builders & 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 Surabhi Lotus?

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 Surabhi Lotus?

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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