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LOTUS GALAXY
LOTUS PROPERTIES
sy.No.2413A1(P) & 24l3A1P1, Kankanady Village,Pumpwell Mangalore
Approved
19th Feb 2020
Completed
31st Dec 2023
Registration No.
PRM/KA/RERA/1257/334/PR/200219/003299
Acknowledgement No.
ACK/KA/RERA/1257/334/PR/200206/003881
Project Type
Commercial
Approving Authority
Mangaluru Urban Development Authority
District
Dakshina Kannada
Taluka
Mangalore
State
Karnataka
Project Details
| Project Name | LOTUS GALAXY |
| Project Description | The Commercial Block comprising of Basement 1 + Basement 2 + Lower Ground+ Upper Ground + 4 Upper Floors |
| Project Type | Commercial |
| Project Status | New Project Launch |
| Project Start Date | 17-01-2020 |
| Proposed Project Completion Date | 31-12-2023 |
| Total Area Of Land (Sq Mtr) | 1457 |
| Total Coverd Area (Sq Mtr) | 507 |
| Total Open Area (Sq Mtr) | 950 |
| Estimated Cost of Construction (INR) | 89000000 |
| Cost of Land (INR) | 57990000 |
| Total Project Cost (INR) | 146990000 |
| Project Address | sy.No.2413A1(P) & 24l3A1P1, Kankanady Village,Pumpwell Mangalore |
| District | Dakshina Kannada |
| Taluk | Mangalore |
| Approving Authority | Mangaluru Urban Development Authority |
| No of Garage for Sale | 46 |
| Area of Garage for Sale (Sq Mtr) | 13 |
| No of Parking for Sale | 15 |
| Area of Parking for Sale (Sq Mtr) | 0 |
| Road System | Local Authority |
| Water Supply | Local Authority |
| Sewege and Drainage System | Self Development |
| Electricity Supply Transformer And Sub Station | Self Development |
| Solid Waste Management And Disposal | Local Authority |
| Fire Fighting facility | Self Development |
| Drinking Water Facility | Self Development |
| Emergency Evacuation Services | Local Authority |
| Use of Renewable Energy | Local Authority |
| Bank Name | Saraswat Co-operative Bank Ltd. |
| Branch | M G ROAD MANGALORE |
| ifscCode | SRCB0000243 |
| Account No.(70% Account) | 243100100000254 |
| State | Karnataka |
| Name | Pranava Builders & Developers |
| Address | Ashoka Excellancy, Urva Marigudi,Ashoknagar Mangalore |
| Pin Code | 575006 |
| Year Of Establishment | 2017 |
| Number of Project Completed | 500 |
| Reg. Of COA No. | LBD:124-58-102-245-367-2018-23 |
| Local Authority Licence Number | 2012-COM31858 |
| Number Of Project Completed | 6 |
Promoter Details
| Promoter Type | Partnership Firm |
| Name | SAMPATH KUMAR SHETTY |
| PAN Number | AAHFL3668G |
| Address | Urva Marigudi.Ashok Nagar Mangalore |
| District | Dakshina Kannada |
| State/UT | Karnataka |
| PIN Code | 575003 |
| Company Registration No. | DKM F87 201819 |
| Type | Director |
| Pin Code | 575006 |
| Sl No. |
Extension Details
| Extension Applied On | 19-04-2023 |
| Extension Approved On | 25-04-2023 |
| Extension Registration Number | EX/PRM/KA/RERA/1257/334/PR/230425/003299 |
| Proposed Project End Date at the time of registration | 30-04-2023 |
| Project End Date provided under Section 6 | 31-12-2023 |
| whether 2/3rd concern from the allottees has taken? | NO |
| Whether any compensation is provided for the Buyer? | NO |
| 1 | others |
Project Development Schedule
| Sl No | Project Work | Is Applicable ? | Estimated From Date | Estimated To Date |
|---|---|---|---|---|
| 1 | Earth work and other leveling preparation work | Yes | 01-02-2020 | 31-08-2020 |
| 2 | Foundation footing work | Yes | 01-06-2020 | 15-09-2020 |
| 3 | Retaining wall (All types) | Yes | 01-07-2020 | 15-09-2020 |
| 4 | Plinth level Beam | Yes | 15-07-2020 | 30-09-2020 |
| 5 | Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Yes | 01-08-2020 | 30-11-2020 |
Amenities & Utilities Availability
| SlNo. | Work | Is Applicable ? |
|---|---|---|
| 1 | Water Supply | Yes |
| 2 | Internal Roads & Footpaths | No |
| 3 | Sewage and Drainage System | Yes |
| 4 | Parks & Tree planting | No |
| 5 | Street Lighting | No |
| 6 | Provision for community buildings and for treatment and disposal of sewage and sullage water | No |
| 7 | Solid waste management and disposal | No |
| 8 | Water conservation | No |
| 9 | Energy management | Yes |
| 10 | Fire protection and fire safety requirements | No |
| 11 | Education/Health/Other public amenities | No |
Post Registration Details
| WebSite Link 1 | www.lotusproperties.co.in |
| Agent Registration No 1 | NA |
| FAR Sanctioned | 2.2 |
| Number of Towers | 1 |
| 0 | 8 |
| 1 | 5 |
| 2 | 17 |
| 3 | 17 |
| 4 | 7 |
| 5 | 17 |
| Total No of Units | 71 |
Completion Details
| Project Start Date | 17-01-2020 |
| Project End Date | 31-12-2023 |
| If any extension of time has been granted | YES |
| Extended From Date | 30-04-2023 |
| Extended End Date | 31-12-2023 |
| Cost of land | 57990000 |
| Cost of construction | 89000000 |
| Total project cost | 146990000 |
| Total amount collected from buyers | 128380546 |
| Whether any loan has been raised | NO |
| Total amount spent for completion of the project | 87074008 |
| Balance amount with the promoter | 41306538 |
| Total number of Flats/Apartments of the Project | 71 |
| Total number of Flats/Apartments sold | 66 |
| Total number of Flats/Apartments Unsold | 5 |
| Whether the project has been completed within the stipulated Period? | YES |
| Whether there is any Change in inventory list or specification? | NO |
| As built drawing approved by the planning Authority | NO |
| Occupancy certificate received? | YES |
| Occupancy certificate received date | 03-10-2023 |
Appeals & Complaints
| Appeals / FNH | NO APPEALS / FNH |
| Complaints on Promoter | No Complaints Found. |
| Complaints on Project | No Complaints Found. |
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