Grace Commercial Residency

Valstel Builders

Amtadi Village, Loretto Padav

Approved

24th May 2018

Completed

14th Nov 2020

Registration No.

PRM/KA/RERA/1257/336/PR/180524/001813

Acknowledgement No.

PR/KN/180317/002700

Project Type

Mixed Development

Approving Authority

Local Planing Authority

District

Dakshina Kannada

Taluka

Bantwala

State

Karnataka

Project Details

Project NameGrace Commercial Residency
Project DescriptionResidential Cum commercial building comprising of apartments and shopping areas located on the outskirts of Mangaluru with easy accessibility by road .
Project TypeMixed Development
Project StatusNew Project Launch
Project Start Date31-12-2017
Proposed Project Completion Date14-11-2020
Total Area Of Land (Sq Mtr)1801
Total Coverd Area (Sq Mtr)51
Total Open Area (Sq Mtr)890
Estimated Cost of Construction (INR)105482850
Cost of Land (INR)2368843
Total Project Cost (INR)107851693
Project AddressAmtadi Village, Loretto Padav
DistrictDakshina Kannada
TalukBantwala
Approving AuthorityLocal Planing Authority
No of Garage for Sale0
Area of Garage for Sale (Sq Mtr)0
No of Parking for Sale11
Area of Parking for Sale (Sq Mtr)151
Type of InventoryResidential cum Commercial
No of Inventory82
Carpet Area (Sq Mtr)3046SqMtr
Area of exclusive balcony/verandah (Sq Mtr)173SqMtr
Area of exclusive open terrace if any (Sq Mtr)0SqMtr
Road SystemSelf Development
Water SupplySelf Development
Sewege and Drainage SystemSelf Development
Electricity Supply Transformer And Sub StationLocal Authority
Solid Waste Management And DisposalSelf Development
Fire Fighting facilitySelf Development
Drinking Water FacilityLocal Authority
Emergency Evacuation ServicesSelf Development
Use of Renewable EnergySelf Development
Bank NameSouth Indian Bank Ltd.
BranchUDUPI
ifscCodeSIBL0000630
Account No.(70% Account)0630073000000144
StateKarnataka
NameVelankanni Constructions
AddressVelankanni Villa, Bhajana mandira Road,Neermarga, Mangaluru
Pin Code575029
Year Of Establishment2012
Number of Project Completed500
Reg. Of COA No.522
Local Authority Licence Number2012-COM 31858
Number Of Project Completed15

Promoter Details

Promoter TypePartnership Firm
NameJossy Lobo
PAN NumberAAPFV0602E
Address301, Rodrigues Villa.3rd Floor, LBS Marg
DistrictDakshina Kannada
State/UTKarnataka
PIN Code574211
Company Registration No.NOT APPLICABLE
TypeOthers
Pin Code400070

Modification Plan Details

Modification Applied On16-10-2020
Type of InventoryFlats and Shops
No of Inventory75
Carpet Area (Sq Mtr)3068 Sq Mtr
Area of exclusive balcony/verandah (Sq Mtr)154 Sq Mtr
Area of exclusive open terrace if any (Sq Mtr)0 Sq Mtr
Details of Modification of plan sanction / layout brief descriptionAdded 12 shops in basement floor by reducing car parking thus one floor consisting of 8 flats is reduced
Modified plan applied date09/09/2019
Modified plan approved date24/09/2019
Extend of the work carried out till date of registered project ( % )95.0
Extend of the work pending of registered project ( % )5.0
Total amount collected in respect of registered project ( INR )3300000
Total amount spent for the project ( INR )3200000
Total balance amount lying with the promoter ( INR )100000
NOCNOC

Extension Details

Extension Applied On30-06-2020
Extension Approved On21-10-2020
Extension Registration NumberEX/PRM/KA/RERA/1257/336/PR/201021/001813
Proposed Project End Date at the time of registration30-06-2020
Project End Date provided under Section 614-11-2020
whether 2/3rd concern from the allottees has taken?YES
Whether any compensation is provided for the Buyer?NO
Document NameAdditional Affidavit
1others

Project Development Schedule

Sl NoProject WorkIs Applicable ?Estimated From DateEstimated To Date
1Earth work and other leveling preparation workYes01-01-201802-02-2018
2Foundation footing workYes05-02-201825-02-2018
3Retaining wall (All types)Yes28-02-201815-03-2018
4Plinth level BeamYes16-03-201801-04-2018
5Sub-structure flooring (Parking Floor, more than one floor below general ground level)Yes05-04-201805-05-2018

Amenities & Utilities Availability

SlNo.WorkIs Applicable ?
1Water SupplyYes
2Internal Roads & FootpathsYes
3Sewage and Drainage SystemYes
4Parks & Tree plantingYes
5Street LightingYes
6Provision for community buildings and for treatment and disposal of sewage and sullage waterNo
7Solid waste management and disposalNo
8Water conservationNo
9Energy managementYes
10Fire protection and fire safety requirementsNo
11Education/Health/Other public amenitiesYes

Post Registration Details

WebSite Link 1www.valstelbuilders.com
FAR Sanctioned1.86
Number of Towers1
07
129
217
38
48
58
Total No of Units77

Completion Details

NameRegistered conveyance deed for an individual unit
Approval Date19-11-2020

Appeals & Complaints

Appeals / FNHNO APPEALS / FNH
Complaints on PromoterNo Complaints Found.
Complaints on ProjectNo Complaints Found.

Top Properties in Mangalore

Pexo Icon

Ask Pulse Ai anything about real estate

Unlock the Latest in Real Estate

News, Infographics, Blogs & More! Delivered to your inbox.

Proptech Pulse Logo

Data that drives action.
Insight that inspires action.
Technology that empowers action.“

Made with Love

Statue

© PropTech Pulse 2026, All rights reserved.

Terms of Use and Privacy Policy