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LOTUS PARADISE PLAZA
LOTUS AVENUE
T.SY.NO.744/7,744/8 RSY NO.120/8 120/7, KADRI VILLAGE,87 A,MANGALORE
Approved
22nd Jul 2019
Completed
29th Apr 2023
Registration No.
PRM/KA/RERA/1257/333/PR/190722/002712
Acknowledgement No.
ACK/KA/RERA/1257/333/PR/190624/003375
Project Type
Commercial
Approving Authority
Mangaluru Urban Development Authority
District
Dakshina Kannada
Taluka
Dakshina Kannada
State
Karnataka
Project Details
| Project Name | LOTUS PARADISE PLAZA |
| Project Description | COMMERCIAL |
| Project Type | Commercial |
| Project Status | New Project Launch |
| Project Start Date | 04-07-2019 |
| Proposed Project Completion Date | 29-04-2023 |
| Total Area Of Land (Sq Mtr) | 1537 |
| Total Coverd Area (Sq Mtr) | 840 |
| Total Open Area (Sq Mtr) | 697 |
| Estimated Cost of Construction (INR) | 78572000 |
| Cost of Land (INR) | 89014180 |
| Total Project Cost (INR) | 170086180 |
| Project Address | T.SY.NO.744/7,744/8 RSY NO.120/8 120/7, KADRI VILLAGE,87 A,MANGALORE |
| District | Dakshina Kannada |
| Taluk | Dakshina Kannada |
| Approving Authority | Mangaluru Urban Development Authority |
| No of Garage for Sale | 0 |
| Area of Garage for Sale (Sq Mtr) | 753 |
| No of Parking for Sale | 4 |
| Area of Parking for Sale (Sq Mtr) | 38 |
| Type of Inventory | COMMERCIAL |
| No of Inventory | 121 |
| Carpet Area (Sq Mtr) | 6244SqMtr |
| Area of exclusive balcony/verandah (Sq Mtr) | 0SqMtr |
| Area of exclusive open terrace if any (Sq Mtr) | 0SqMtr |
| Road System | Local Authority |
| Water Supply | Local Authority |
| Sewege and Drainage System | Local Authority |
| Electricity Supply Transformer And Sub Station | Local Authority |
| Solid Waste Management And Disposal | Local Authority |
| Fire Fighting facility | Self Development |
| Drinking Water Facility | Local Authority |
| Emergency Evacuation Services | Self Development |
| Use of Renewable Energy | Local Authority |
| Bank Name | HDFC |
| Branch | KADRI |
| ifscCode | HDFC0000094 |
| Account No.(70% Account) | 50200034336032 |
| State | Karnataka |
| Name | PRANAVA BUILDERS AND DEVELOPERS |
| Address | 003,ASHOKA EXCELLENCY,URWA,MANGALORE |
| Pin Code | 575006 |
| Year Of Establishment | 2016 |
| Number of Project Completed | 500 |
| Reg. Of COA No. | 157/2018-2023 |
| Local Authority Licence Number | 2012-COM31858 |
| Number Of Project Completed | 6 |
Promoter Details
| Promoter Type | Partnership Firm |
| Name | ARAVIND K SHENOY |
| PAN Number | AAHFL2857P |
| Address | 103,1st floor,.karangalpady,mangalore |
| District | Dakshina Kannada |
| State/UT | Karnataka |
| PIN Code | 575003 |
| Company Registration No. | DKMF257201718 |
| Type | Others |
| Pin Code | 575003 |
Modification Plan Details
| Type of Inventory | COMMERCIAL |
| No of Inventory | 121 |
| Carpet Area (Sq Mtr) | 6244 Sq Mtr |
| Area of exclusive balcony/verandah (Sq Mtr) | 0 Sq Mtr |
| Area of exclusive open terrace if any (Sq Mtr) | 0 Sq Mtr |
Project Development Schedule
| Sl No | Project Work | Is Applicable ? | Estimated From Date | Estimated To Date |
|---|---|---|---|---|
| 1 | Earth work and other leveling preparation work | Yes | 02-05-2019 | 15-12-2019 |
| 2 | Foundation footing work | Yes | 01-06-2019 | 30-11-2019 |
| 3 | Retaining wall (All types) | Yes | 01-06-2019 | 30-11-2019 |
| 4 | Plinth level Beam | Yes | 01-06-2019 | 30-11-2019 |
| 5 | Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Yes | 01-08-2019 | 20-12-2019 |
Amenities & Utilities Availability
| SlNo. | Work | Is Applicable ? |
|---|---|---|
| 1 | Water Supply | Yes |
| 2 | Internal Roads & Footpaths | Yes |
| 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 |
| Agent Registration No 1 | no |
| FAR Sanctioned | 2.77 |
| Number of Towers | 1 |
| 0 | 25 |
| 1 | 24 |
| 2 | 24 |
| 3 | 24 |
| 4 | 24 |
| Total No of Units | 121 |
Completion Details
| Project Start Date | 04-07-2019 |
| Project End Date | 29-04-2023 |
| If any extension of time has been granted | NO |
| Cost of land | 89014180 |
| Cost of construction | 78572000 |
| Total project cost | 170086180 |
| Total amount collected from buyers | 152820548 |
| Whether any loan has been raised | NO |
| Total amount spent for completion of the project | 109391298 |
| Balance amount with the promoter | 43429250 |
| Total number of Flats/Apartments of the Project | 129 |
| Total number of Flats/Apartments sold | 126 |
| Total number of Flats/Apartments Unsold | 3 |
| 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 | 06-04-2023 |
Appeals & Complaints
| Appeals / FNH | NO APPEALS / FNH |
| Complaints on Promoter | No Complaints Found. |
| Complaints on Project | No Complaints Found. |
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