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Registration approved Residential/Group Housing project

SLV IDEAL NEST

By S L V SHELTERS Pvt Ltd

RG-KA-27396 · RERA PRM/KA/RERA/1251/310/PR/190307/002488

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
Nov 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 37 documents Report an error

SLV IDEAL NEST is a Residential/Group Housing project by S L V SHELTERS Pvt Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/190307/002488 on 7 Mar 2019. Possession is promised by 28 Nov 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSLV IDEAL NEST
  • TypeResidential/Group Housing
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/310/PR/190307/002488
  • ReraGenie IDRG-KA-27396

Builder

  • NameS L V SHELTERS Pvt Ltd
  • Entity typeCompany
  • Authorized SignatoryCHANDRU . D. T

Key dates

this monthRegisteredMar 2019First promiseFeb 2021Revised toNov 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on7 Mar 2019
  • Promised completion28 Nov 2021
  • Revised completionRevised to 28 Nov 2021 (originally 28 Feb 2021)
  • BuildingsNot stated in filing
  • Documents filed37 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 area767 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 5.00 cr

Extensions applied for1

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

ExtensionFeb 2021 → Nov 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed37

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/190307/002488 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_ SLV Shelters.pdf-
Commencement Certificate_SLV Shelter-
SLV Ideal Nest_ Approved Plan_SLV Shelter-
Existing Layout Plan_SLV Shelter-
Performa of Sale deed_SLV Shelter-
Performa Agreement for Sale_SLV Shelter-
Sale Deed_ SLV Shelters_SLV Ideal Nest-
Infrastructure Plan_SLV Shelter-
Area Development Plan of project area_SLV Shelter-
Proforma of Allotment Letter_SLV Shelter-
Brochure of current project_SLV Shelter-
Project & Building _Specification_SLV Shelter-
Encumbrance Certificate_SLV Shelter-
SLV Ideal Nest_Section 3(1) Notarized_SLV Shelter-
Khatha_SLV Shelters-
Other Agreement_JDA_NA-
Existing Layout Plan_SLV Shelter-
Existing Section Plan and specification_SLV Shelter-
Change of land use_SLV Shelter-
Balance Sheet 2017 - 2018File: Balance sheet-2018_SLV Shelter.pdf-
Balance Sheet 2016 - 2017File: Balance sheet-2017_SLV Shelter.pdf-
Balance Sheet 2015 - 2016File: Balance sheet-2016_SLV Shelter.pdf-
Audited Profit and Loss Statement 2017 - 2018File: Audited Profit loss statement-2018_SLV Shelter.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Audited Profit loss statement-2017_SLV Shelter.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Audited Profit loss statement-2016_SLV Shelter.pdf-
Director's Report 2017 - 2018File: Directors Report_SLV Shelter.pdf-
Director's Report 2016 - 2017File: Directors Report_SLV Shelter.pdf-
Director's Report 2015 - 2016File: Directors Report_SLV Shelter.pdf-
Cash Flow Statement 2017 - 2018File: Cash Flow Statement -2018_SLV Shelter.pdf-
Cash Flow Statement 2016 - 2017File: Cash Flow Statement -2017_SLV Shelter.pdf-
Auditor's Report 2017 - 2018File: Auditor Report-2018_SLV Shelter.pdf-
Auditor's Report 2016 - 2017File: Auditor Report-2017_SLV Shelter.pdf-
Auditor's Report 2015 - 2016File: Auditor Report -2016_SLV Shelter.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: Income Tax Return -2018-19_SLV Shelter.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: Income Tax Return -2017-18_SLV Shelter.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: Income Tax Return -2016-17_SLV Shelter.pdf-
SLV Ideal Nest_Declaration (Form B)_SLV Shelter-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
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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Builder: S L V SHELTERS Pvt Ltd

S L V SHELTERS Pvt Ltd has 1 registration on RERA Karnataka, including SLV IDEAL NEST. 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 SLV IDEAL NEST is delayed beyond 28 Nov 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 SLV IDEAL NEST?

The registered promoter entity is S L V SHELTERS Pvt Ltd, 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 SLV IDEAL NEST?

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 SLV IDEAL NEST?

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 SLV IDEAL NEST. 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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