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Registration approved Plotted Development project

SHIGRA PALMS

By M/S SRISHIGRA BUILDERS DEVELOPERS

RG-KA-14588 · RERA PRM/KA/RERA/1265/339/PR/171214/001624

Source: official RERA Karnataka filing

Red flags

  • 2 complaints at RERA Karnataka
  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • Separate project account declared
May 2021Possession promisedmoved 9 months from the original
2Complaints at RERA Karnatakaon this registration
Jump to the 17 documents Report an error

SHIGRA PALMS is a Plotted Development project by M/S SRISHIGRA BUILDERS DEVELOPERS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/171214/001624 on 14 Dec 2017. Possession is promised by 31 May 2021. The completion date has moved by 9 months from the original filing. 2 complaints are on record with the regulator.

At a glance

Project

  • NameSHIGRA PALMS
  • TypePlotted Development
  • Location
    • Kolar
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1265/339/PR/171214/001624
  • ReraGenie IDRG-KA-14588

Builder

  • NameM/S SRISHIGRA BUILDERS DEVELOPERS
  • Entity typePartnership Firm
  • Authorized SignatoryJ VISWANATH

Key dates

this monthRegisteredDec 2017First promiseAug 2020Revised toMay 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on14 Dec 2017
  • Promised completion31 May 2021
  • Revised completionRevised to 31 May 2021 (originally 31 Aug 2020)
  • BuildingsNot stated in filing
  • Documents filed17 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area16,359 sq m
Named landownersNone

Project account and cost

70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionAug 2020 → May 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka2

Case no.ComplainantRespondentFiled
CMP/210917/0008346-M/S SRISHIGRA BUILDERS DEVELOPERS17/09/2021
01549/2023-M/S SRISHIGRA BUILDERS DEVELOPERS06/10/2023

Documents filed17

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1265/339/PR/171214/001624 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Registration Certificate.pdf-
CC-
DOMMALURU Approved-
DOMMALURU Approved-
SD-Sri (1)-
SA SriShigra (1)-
DOMMALURU Approved-
DOMMALURU Approved-
DOMMALURU Approved-
Booking Form (1)-
Brocher (1)-
CC-
Brocher (1)-
Land E (2)-
Document (307)-7-25-
Document (244) (2)-
declaration-

How this compares with Kolar

21%of Kolar projects moved their completion datethis one moved by 9 months
0%of Kolar registrations are shown as withdrawn or revokedthis one is not

Computed across the 190+ Kolar projects on ReraGenie, from their own filings.

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Other projects near Kolar190+ in Kolar

Builder: M/S SRISHIGRA BUILDERS DEVELOPERS

M/S SRISHIGRA BUILDERS DEVELOPERS has 1 registration on RERA Karnataka, including SHIGRA PALMS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Kolar district page.

Frequently asked questions

What are my rights if SHIGRA PALMS is delayed beyond 31 May 2021?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.

How do I verify and contact the developer of SHIGRA PALMS?

The registered promoter entity is M/S SRISHIGRA BUILDERS DEVELOPERS, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.

Is my payment protected in SHIGRA PALMS?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How do I read the complaint cases filed against SHIGRA PALMS?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

What should I check before booking in SHIGRA PALMS?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; why the completion date was revised and what the new timeline depends on.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.

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About SHIGRA PALMS. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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