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Lotus Paradise Elite
Lotus Properties
Lotus Paradise Elite K R Rao Road , Karangalpady Mangalore
Approved
23rd May 2022
Completed
28th Feb 2024
Registration No.
PRM/KA/RERA/1257/334/PR/220523/004891
Acknowledgement No.
ACK/KA/RERA/1257/334/PR/210420/004932
Project Type
Commercial
Approving Authority
Mangaluru Urban Development Authority
District
Dakshina Kannada
Taluka
Mangalore
State
Karnataka
Project Details
| Project Name | Lotus Paradise Elite |
| Project Description | Commercial Project with 2 Basement and 4 Upper Floors Located in Karangalapdy Mangalore |
| Project Type | Commercial |
| Project Status | New Project Launch |
| Project Start Date | 01-03-2021 |
| Proposed Project Completion Date | 28-02-2024 |
| Total Area Of Land (Sq Mtr) | 868 |
| Total Coverd Area (Sq Mtr) | 409 |
| Total Open Area (Sq Mtr) | 459 |
| Estimated Cost of Construction (INR) | 80000000 |
| Cost of Land (INR) | 75899995 |
| Total Project Cost (INR) | 155899995 |
| Project Address | Lotus Paradise Elite K R Rao Road , Karangalpady Mangalore |
| District | Dakshina Kannada |
| Taluk | Mangalore |
| Approving Authority | Mangaluru Urban Development Authority |
| No of Garage for Sale | 0 |
| Area of Garage for Sale (Sq Mtr) | 0 |
| No of Parking for Sale | 16 |
| Area of Parking for Sale (Sq Mtr) | 300 |
| Type of Inventory | Commercial Shop |
| No of Inventory | 39 |
| Carpet Area (Sq Mtr) | 1739SqMtr |
| Area of exclusive balcony/verandah (Sq Mtr) | 343SqMtr |
| Area of exclusive open terrace if any (Sq Mtr) | 0SqMtr |
| 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 | Local Authority |
| Emergency Evacuation Services | Local Authority |
| Use of Renewable Energy | Local Authority |
| Bank Name | Axis Bank |
| Branch | URVA MANGALORE |
| ifscCode | UTIB0000783 |
| Account No.(70% Account) | 921020023840973 |
| State | Karnataka |
| Name | Pranava Builders & Developers |
| Address | Ashoka Excellency,Urava Marigudi mangalore |
| Pin Code | 575006 |
| Year Of Establishment | 2010 |
| Number of Project Completed | 500 |
| Reg. Of COA No. | 468-35-05-304/2018-19 |
| Local Authority Licence Number | MNG/BL/10124/20-21 |
| Number Of Project Completed | 40 |
Promoter Details
| Promoter Type | Partnership Firm |
| Name | Jithendra S Kottary |
| PAN Number | AAHFL3668G |
| Address | Capithanio Road Pumpwell Mangalore |
| District | Dakshina Kannada |
| State/UT | Karnataka |
| PIN Code | 575003 |
| Company Registration No. | DKM F87 201819 |
| Type | Director |
| Pin Code | 575001 |
| Project Name | Lotus Galaxy |
| Project Description | Ongoing Project |
| Current Status | Ongoing |
| Type of Land | Commercial |
| Expected Completion Date | 25-07-2022 |
| Sl No. |
Modification Plan Details
| Type of Inventory | Commercial Shop |
| No of Inventory | 39 |
| Carpet Area (Sq Mtr) | 1739 Sq Mtr |
| Area of exclusive balcony/verandah (Sq Mtr) | 343 Sq Mtr |
| Area of exclusive open terrace if any (Sq Mtr) | 0 Sq Mtr |
Extension Details
| Extension Applied On | 21-01-2023 |
| Extension Approved On | 07-03-2023 |
| Extension Registration Number | EX/PRM/KA/RERA/1257/334/PR/230307/004891 |
| Proposed Project End Date at the time of registration | 28-02-2023 |
| Project End Date provided under Section 6 | 28-02-2024 |
| 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 | 28-02-2021 | 31-07-2021 |
| 2 | Foundation footing work | Yes | 01-04-2021 | 30-09-2021 |
| 3 | Retaining wall (All types) | Yes | 01-06-2021 | 31-12-2021 |
| 4 | Plinth level Beam | Yes | 01-08-2021 | 31-12-2021 |
| 5 | Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Yes | 01-01-2022 | 05-02-2022 |
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 | Yes |
Post Registration Details
| WebSite Link 1 | www.lotusproperties.co.in |
| FAR Sanctioned | 2.5 |
| Number of Towers | 1 |
| 0 | 4 |
| 1 | 4 |
| 2 | 8 |
| 3 | 8 |
| 4 | 8 |
| 5 | 8 |
| Total No of Units | 40 |
Completion Details
| Project Start Date | 01-03-2021 |
| Project End Date | 28-02-2024 |
| If any extension of time has been granted | YES |
| Extended From Date | 28-02-2023 |
| Extended End Date | 28-02-2024 |
| Cost of land | 75899995 |
| Cost of construction | 80000000 |
| Total project cost | 155899995 |
| Total amount collected from buyers | 95355388 |
| Whether any loan has been raised | NO |
| Total amount spent for completion of the project | 81568433 |
| Balance amount with the promoter | 13786955 |
| Total number of Flats/Apartments of the Project | 42 |
| Total number of Flats/Apartments sold | 38 |
| Total number of Flats/Apartments Unsold | 4 |
| 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 | YES |
| Occupancy certificate received? | YES |
| Occupancy certificate received date | 26-02-2024 |
Appeals & Complaints
| Complaints on Promoter | No Complaints Found. |
| Complaints on Project | No Complaints Found. |
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