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Registration approved Plotted Development project

Shivam Palm Ville

By Shivam Builders and Developer

RG-KA-51488 · RERA PRM/KA/RERA/1250/304/PR/191015/002907

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2024Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 43 documents Report an error

Shivam Palm Ville is a Plotted Development project by Shivam Builders and Developer in Bengaluru Rural, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/304/PR/191015/002907 on 15 Oct 2019. Possession is promised by 30 Sep 2024. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameShivam Palm Ville
  • TypePlotted Development
  • Location
    • Hosakote
    • Bengaluru Rural
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1250/304/PR/191015/002907
  • ReraGenie IDRG-KA-51488

Builder

  • NameShivam Builders and Developer
  • Entity typeCompany
  • Authorized SignatoryBhaskar Reddy Nandyala Hanumantha Reddygari

Key dates

this monthRegisteredOct 2019First promiseDec 2023Revised toSep 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Oct 2019
  • Promised completion30 Sep 2024
  • Revised completionRevised to 30 Sep 2024 (originally 31 Dec 2023)
  • BuildingsNot stated in filing
  • Documents filed43 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 area12,545 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
Estimated costRs 1.00 cr

Extensions applied for1

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

ExtensionDec 2023 → Sep 2024

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed43

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/1250/304/PR/191015/002907 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Company Registration Certificate.pdf-
COMMENCEMENT CERTIFICATE-
Plan and Approval Letter-
Plan and Approval Letter-
LETTER HEAD-
Sale Deed-
Katha-
Broucher-
100% Release Order-
Project Specification-
EC-
AFFIDAVIT-
JDA Affidavit-
RTC and MR-
JDA-
GPA-
CONVERSION ORDER-
No Objection Letter-
Previous Project Undertaking Letter-
Katha Undertaking Letter-
Financial Undertaking Letter-
BESCOM-
NOC-
Plan and Approval Letter-
RELEASE ORDER-
Balance Sheet 2017 - 2018File: Financial Undertaking Letter.pdf-
Balance Sheet 2016 - 2017File: Financial Undertaking Letter.pdf-
Balance Sheet 2015 - 2016File: Financial Undertaking Letter.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Financial Undertaking Letter.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Financial Undertaking Letter.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Financial Undertaking Letter.pdf-
Director's Report 2017 - 2018File: Financial Undertaking Letter.pdf-
Director's Report 2016 - 2017File: Financial Undertaking Letter.pdf-
Director's Report 2015 - 2016File: Financial Undertaking Letter.pdf-
Cash Flow Statement 2017 - 2018File: Financial Undertaking Letter.pdf-
Cash Flow Statement 2016 - 2017File: Financial Undertaking Letter.pdf-
Auditor's Report 2017 - 2018File: Financial Undertaking Letter.pdf-
Auditor's Report 2016 - 2017File: Financial Undertaking Letter.pdf-
Auditor's Report 2015 - 2016File: Financial Undertaking Letter.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Financial Undertaking Letter.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Financial Undertaking Letter.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Financial Undertaking Letter.pdf-
Form B-

How this compares with Bengaluru Rural

20%of Bengaluru Rural projects moved their completion datethis one moved by 9 months
0%of Bengaluru Rural registrations are shown as withdrawn or revokedthis one is not

Computed across the 650+ Bengaluru Rural projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Rural650+ in Bengaluru Rural

2 kmShivam Palm VilleOther 8Dot size: filed unitsN

Filed coordinates, straight-line distance. 8 registered projects within 2 km.

Builder: Shivam Builders and Developer

Shivam Builders and Developer has 1 registration on RERA Karnataka, including Shivam Palm Ville. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Rural district page.

Frequently asked questions

What are my rights if Shivam Palm Ville is delayed beyond 30 Sep 2024?

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 Shivam Palm Ville?

The registered promoter entity is Shivam Builders and Developer, a company 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 Shivam Palm Ville?

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.

What should I check before booking in Shivam Palm Ville?

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 Shivam Palm Ville. 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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