SPICE VALLEY

Overdue

KEM BUILDERS · Villas · KUNNATHUNAD, Ernakulam · K-RERA/PRJ/ERN/078/2023

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Physical progress

82%

not filed

Proposed completion

25 Dec 2025

8 months past

Units booked

93%

13 of 14

Quarterly update

Stale

Q2 2025 · filed 07 Oct 2025 · 331d ago

As filed with K-RERA

K-RERA

Registration

K-RERA/PRJ/ERN/078/2023

granted 03 May 2023

Promoter

KEM BUILDERS

Location

KUNNATHUNAD, Ernakulam, 683565

Type

Villas

14 building(s)

Plot area

4,117 sqm

Registered floor area

2,899 sqm

≈ 31,203 sqft · residential 2,899 sqm · other 0 sqm

Units

14 residential

Project start

28 Dec 2021

Proposed completion

25 Dec 2025

Extension

—

Physical progress

82%

Financial progress

68%

Escrow bank

HDFC

Financier

NIL

Complaint

—

Legal case

Authority order

—

Folder noticeboard

3 of 5 filed

Architect Form 2

latest 07 Apr 2025

filed

Engineer Form 3

latest 07 Apr 2025

filed

CA Form 4

latest 07 Apr 2025

filed

Promoter Form 6

unable to find

not found

Occupancy certificate

unable to find

not found

Peeked from the public folder. “Unable to find” means we did not see that slot in this pull — not a finding that the promoter withheld it. PDFs stay on K-RERA.

Certificate note

No conditions recorded on the certificate.

Same district, same year

compare →

NATIONAL TREEDOM PARK TOWER 2compare GALAXY OXTONcompare VARMA CRYSTALcompare VARMA HARMONYcompare VARMA FICUScompare Chithanyacompare

Form 5 · statement of accounts

3 of 3 open on K-RERA

Collected FY 2024–25

₹2.7 Cr

₹2,67,17,668 as filed

Deposited

₹1.9 Cr

70.0% of collected

Withdrawn

₹2.0 Cr

from the separate account

Closing (year-end)

₹698

FY 2024–25 closing — not today’s balance

Separate account

FY 2024–25 Form 5 · as filed 31 Oct 2025 · PDF on K-RERA

Read Form 5 on K-RERA →

Opening

₹14,52,331

Collected from allottees

₹2,67,17,668

Deposited in separate account

70.0% of collected

₹1,87,02,368

Withdrawn

₹2,01,54,000

Closing

₹698

withdrawn ₹2,01,54,000year-end leftover ₹698

Closing is 0.0% of money that went through the separate account (opening + deposited). 70.0% of collected from allottees was deposited into that account as filed. Year-end figure on the CA certificate — not a live balance. Drawn at true scale. Source: Form 5 on K-RERA.

FY 2024–25

filed 31 Oct 2025 · file 181541

₹2,67,17,668 in

FY 2023–24

filed 30 Oct 2024 · file 137668

₹2,58,37,516 in

FY 2022–23

filed 31 Oct 2023 · file 101031

PDF on K-RERA · not parsed

Annual CA report on the separate account for a stated financial year. Rupees only when the ledger balances on extract. Closing is year-end, not today. We link the filing on K-RERA; we do not host the PDF. Form 5 coverage.

Complaints before K-RERA

No complaints on the public list.

RAID

2 from register

Type	Signal	Severity	Source	Status
R	8 months past proposed completion ↳ Proposed 2025-12-25, physical progress 82%	Medium	K-RERA	Open
D	Quarterly update is stale ↳ Last filed 2025-10-07 (Q2 2025)	Low	K-RERA	Open