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 | Completed |
| 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 | AAH******* |
| 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. |
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
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