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Registration approved Residential/Group Housing project

SHRAVANTHI PALLADIUM

By SHRAVANTHI SHELTERS

RG-KA-63777 · RERA PRM/KA/RERA/1251/310/PR/171026/000426

Source: official RERA Karnataka filing

Red flags

  • 1 complaint at RERA Karnataka

Clear

  • Completion date never moved
  • Separate project account declared
Aug 2018Possession promisedno revision filed
1Complaints at RERA Karnatakaon this registration
Jump to the 34 documents Report an error

SHRAVANTHI PALLADIUM is a Residential/Group Housing project by SHRAVANTHI SHELTERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/171026/000426 on 26 Oct 2017. Possession is promised by 31 Aug 2018. 1 complaint is on record with the regulator.

At a glance

Project

  • NameSHRAVANTHI PALLADIUM
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/310/PR/171026/000426
  • ReraGenie IDRG-KA-63777

Builder

  • NameSHRAVANTHI SHELTERS
  • Entity typePartnership Firm
  • Authorized SignatoryL. Balakrishnama Naidu
  • DirectorsSantosh Balakrishna, Bhagya Balakrishna
  • Other registrations4 more →

Key dates

this monthRegisteredOct 2017PromisedAug 2018

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on26 Oct 2017
  • Promised completion31 Aug 2018
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed34 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 area4,278 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 44.02 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectDUTTA KANNAN ARCHITECTS
EngineerPERISTYLE

Complaints filed with RERA Karnataka1

Case no.ComplainantRespondentFiled
CMP/191120/0004773-SHRAVANTHI SHELTERS20/11/2019

Documents filed34

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/1251/310/PR/171026/000426 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Registrar of Firm.pdf-
COMMENCEMENT CERTIFICATE-
8-
1-
Sale Deed-
Unabale to upload-
PalladiumSALEDEED8P-
7-
Unabale to upload-
Allotment-
E-brochure Palladium-
NOC from BESCOM-
Unabale to upload-
Palladium Ec-
Palladium LAND CONVERSION ORDER-
Balance Sheet 2015 - 2016File: Balance Sheet 16-17.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet 15-16.pdf-
Balance Sheet 2013 - 2014File: Balance Sheet 14-15.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L 16-17.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P & L 15-16.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P & L 14-15.pdf-
Cash Flow Statement 2015 - 2016File: Unabale to upload.pdf-
Cash Flow Statement 2014 - 2015File: Unabale to upload.pdf-
Auditor's Report 2015 - 2016File: Auditor Report 16-17.pdf-
Auditor's Report 2014 - 2015File: Auditor Report 15-16.pdf-
Auditor's Report 2013 - 2014File: Auditor Report 14-15.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT Ackn 16-17.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT Ackn 15-16.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: Balance Sheet 14-15.pdf-
Form B-
Occupancy CertificateFile: OC - Applied Shravanthi Palladium.jpg-
Completion certificateFile: OC - Applied Shravanthi Palladium.jpg-
Registered Agreement of SaleFile: 703 sale deed.pdf-
Registered conveyance deed for an individual unitFile: 1507 saledeed.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: SHRAVANTHI SHELTERS

Shravanthi Shelters has 5 registrations on RERA Karnataka, including Shravanthi NorthOne and SHRAVANTHI PRAGATHI. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if SHRAVANTHI PALLADIUM is delayed beyond 31 Aug 2018?

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 SHRAVANTHI PALLADIUM?

The registered promoter entity is SHRAVANTHI SHELTERS, 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 SHRAVANTHI PALLADIUM?

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 SHRAVANTHI PALLADIUM?

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.

Who certifies construction progress at SHRAVANTHI PALLADIUM?

The professionals named in the filing: Architect: DUTTA KANNAN ARCHITECTS; Engineer: PERISTYLE. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in SHRAVANTHI PALLADIUM?

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; whether construction progress keeps pace with sales in the coming quarters.

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 SHRAVANTHI PALLADIUM. 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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