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V K PARADISE
By KARUNAKAR MENKA SHETTY PROPRIETOR OF V K DEVELOPERS
RG-KA-29193 · RERA PRM/KA/RERA/1273/318/PR/200908/003587 · 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
Saved.
V K PARADISE is a Commercial project by KARUNAKAR MENKA SHETTY PROPRIETOR OF V K DEVELOPERS in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/318/PR/200908/003587 on 8 Sep 2020. Possession is promised by 30 Dec 2022. 0 of the 29 units on this registration are recorded sold or booked, and 0 of 15 construction stages are filed complete.
At a glance
Project
- NameV K PARADISE
- TypeCommercial
- Location
- Udupi
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1273/318/PR/200908/003587
- ReraGenie IDRG-KA-29193
Builder
- NameKARUNAKAR MENKA SHETTY PROPRIETOR OF V K DEVELOPERS
- Entity typeProprietorship Firm
- Authorized SignatoryKARUNAKAR M SHETTY
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on8 Sep 2020
- Promised completion30 Dec 2022
- Revised completionNone
- Buildings1 building record
- Documents filed69 files
Current status
Figures as on Not stated, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| V K PARADISE | - | - | - | 0 | 29 | 29 |
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 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
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| 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 | Not applicable |
| 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
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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | Yes | - |
| 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 | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| 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 | No | Not applicable |
| 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 | Yes | - |
| Provision for lodging of management staff and security staff | Yes | - |
| Water conservation and renewable energy | No | Not applicable |
Land and ownership1
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 |
|---|---|---|
| KARUNAKAR M SHETTY | - | - |
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 | YOGISHCHANDRA DHARA |
| Engineer | M GOPAL BHAT |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed69
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/200908/003587 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: GST CERTIFICATE.pdf | - |
| APPROVAL CERTIFICATE | - |
| SACATION PLAN ORGINAL | - |
| SINGLE LAYOUT | - |
| PROFORMA OF DEED OF SALE OF APARTMENT | - |
| PROFORMA OF AGREEMENT FOR SALE OF APARTMENT | - |
| SALE DEED | - |
| SACATION PLAN ORGINAL | - |
| SACATION PLAN ORGINAL | - |
| LETTER OF ALLOTMENT | - |
| BROCHER | - |
| SPECIFICATION | - |
| EC 2007 TO 2020 | - |
| Notarized Affidavit for 3(1) Voliation 1 | - |
| FORM B | - |
| E KATHA | - |
| CONVERSTION ORDER | - |
| Unnamed document | - |
| CONVERSTION ORDER_compressed | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| MESCOM NOC | - |
| WATER SUPPLY NOC | - |
| KSPCB NOC | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| SACATION PLAN ORGINAL | - |
| SACATION PLAN ORGINAL | - |
| CONVERSTION ORDER_compressed | - |
| Unnamed document | - |
| Balance Sheet 2018 - 2019File: BALANCE SHEET 2019-20.jpg | - |
| Balance Sheet 2017 - 2018File: BALANCE SHEET 2018-19.jpg | - |
| Balance Sheet 2016 - 2017File: BALANCE SHEET 2017-18.jpg | - |
| Audited Profit and Loss Statement 2018 - 2019File: PROFIT AND LOSS ACCOUNT 2019-20.jpg | - |
| Audited Profit and Loss Statement 2017 - 2018File: PROFI AND LOSS ACCOUNT 2018-19.jpg | - |
| Audited Profit and Loss Statement 2016 - 2017File: PROFIT AND LOSS ACCOUNT 2017-18.jpg | - |
| Director's Report 2018 - 2019File: DIRECTOR REPORT 2019-20.jpg | - |
| Director's Report 2017 - 2018File: DIRECTOR REPORT 2018-19.pdf | - |
| Director's Report 2016 - 2017File: DIRECTOR REPORT 2017-18.pdf | - |
| Cash Flow Statement 2018 - 2019File: CASH FLOW 2019-20.jpg | - |
| Cash Flow Statement 2017 - 2018File: CASH FLOW 2018-19.jpg | - |
| Auditor's Report 2018 - 2019File: AUDIT REPORT 2019-20.jpg | - |
| Auditor's Report 2017 - 2018File: AUDIT REPORT 2018-19.jpg | - |
| Auditor's Report 2016 - 2017File: AUDIT REPORT 2017-18.jpg | - |
| Income Tax Return Acknowledgement 2018 - 2019File: ITR 2019-20.jpg | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ITR 2018-19.jpg | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ITR 2017-18.jpg | - |
| FORM B | - |
| Prospectus/BrochureFile: BROCHER.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1273_318_PR_200908_003587.xlsx | - |
| Occupancy CertificateFile: occupancy certificate.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: architect certficate.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: Form-4 Completion VK Paradise.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: completion affidavit.pdf | - |
| engineer certificateFile: engineer certficate.pdf | - |
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Builder: KARUNAKAR MENKA SHETTY PROPRIETOR OF V K DEVELOPERS
KARUNAKAR MENKA SHETTY PROPRIETOR OF V K DEVELOPERS has 1 registration on RERA Karnataka, including V K PARADISE. 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 V K PARADISE is delayed beyond 30 Dec 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 V K PARADISE?
The registered promoter entity is KARUNAKAR MENKA SHETTY PROPRIETOR OF V K DEVELOPERS, 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 V K PARADISE?
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 V K PARADISE?
The professionals named in the filing: Architect: YOGISHCHANDRA 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 V K PARADISE?
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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