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Registration approved No litigation declared Plotted Development project

SMG'S SILVER PALMS

By SANTHOSH

RG-KA-39101 · RERA PRM/KA/RERA/1268/378/PR/240522/004918 · Last updated on RERA Karnataka portal: 7 May 2022

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Jan 2023Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 102 documents Report an error

SMG'S SILVER PALMS is a Plotted Development project by SANTHOSH in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/240522/004918 on 24 May 2022. Possession is promised by 29 Jan 2023.

At a glance

Project

  • NameSMG'S SILVER PALMS
  • TypePlotted Development
  • Location
    • MYSORE
    • 571130
  • Pincode571130
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1268/378/PR/240522/004918
  • ReraGenie IDRG-KA-39101

Builder

  • NameSANTHOSH
  • Entity typeProprietorship Firm
  • Authorized SignatorySanthosh
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMay 2022PromisedJan 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on24 May 2022
  • Promised completion29 Jan 2023
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed102 files

The full filing

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

Land and ownership3

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

Named landowners3
LandownerVillageDistrict
Santhosh--
Santhosh--
Santhosh--

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 3.37 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 3.25 cr-
On-site expenditure-Salaries of workersRs 8.00 lakh-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 1.75 lakh-
Payment of taxesRs 1.25 lakh-
On-site expenditure-Site OverheadRs 1.00 lakh-

Certifying professionals and partners2

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

RoleName
EngineerAkshay Kumar V
Chartered AccountantMahesh R

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed102

As listed on the registration, under the names the promoter filed them with; the newest 80 of 102 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1268/378/PR/240522/004918 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
AOSFile: AOS.pdf7 May 2022
GUIDENCE VALUE .File: SMG Guidance value of the layout.pdf16 Apr 2022
location and Demarcation Plan.File: SMG - Demarcation plan (1).pdf16 Apr 2022
CESCOM NOCFile: Electric NOC - Notarised.PDF16 Apr 2022
fee paid receipt.CESCOMFile: SMG- FEE receipt CHESCOM (1).pdf16 Apr 2022
water supply NOCFile: Waterboard NOC - Notarised.PDF16 Apr 2022
Agreement for SaleFile: SMG - AGREEMENT OF SALE - RERA.pdf16 Apr 2022
LOCATION MAPFile: Location Map.jpeg16 Apr 2022
BALANCE SHEET 2020 & 2021File: Balance sheet, 31st March 21 (1).PDF22 Mar 2022
PROFIT AND LOSSFile: PROFIT & LOSS.pdf22 Mar 2022
BANK CHEQ LEAFFile: SMG - Rera Cheque leaf.jpeg22 Mar 2022
ECFile: SMG - 279-1 - EC from 2004 to 14th March.pdf22 Mar 2022
ECFile: SMG - 279-3 - EC from 2004 to 14th March.PDF22 Mar 2022
ECFile: SMG - 279-4 - EC from 2004 to 14th March.pdf22 Mar 2022
LAYPUT SANCTION ORDERFile: SMG Silver Palms - Provisional Plan Covering Letter - 17-12-2021.pdf22 Mar 2022
DEMARCATION PLANFile: SMG - Demarcation plan.pdf22 Mar 2022
PROJECT SPECIFICATIONFile: Signed project specification.PDF22 Mar 2022
SECTION 3 AFFIDAVITFile: Rera Affidavit with Ack Number.PDF22 Mar 2022
POWER SUPPLY NOCFile: SMG - Electricity NOC.PDF22 Mar 2022
WATER SUPPLY FEE PAID RECEIPTFile: SMG Silver Palms - DD for Water Board Inspection Charges.jpeg22 Mar 2022
SEPTIC TANKFile: SMG - Septic tank Sketch & Drawing.pdf22 Mar 2022
AOSFile: SMG - Silver palms - AOS- (RERA).pdf22 Mar 2022
ALLOTMENT LETTERFile: SMG SILVER PALMS - Allotment Letter.pdf22 Mar 2022
RTC, survey 279/1-
Mutation, survey 279/1-
Encumbrance Certificate, survey 279/1-
Conversion/Alienation Order, survey 279/1-
Sale/Title/Gift Deed, survey 279/1-
Khatha, survey 279/1-
RTC, survey 279/3-
Mutation, survey 279/3-
Encumbrance Certificate, survey 279/3-
Conversion/Alienation Order, survey 279/3-
Sale/Title/Gift Deed, survey 279/3-
Khatha, survey 279/3-
RTC, survey Sy.No.279/4-
Mutation, survey Sy.No.279/4-
Encumbrance Certificate, survey Sy.No.279/4-
Conversion/Alienation Order, survey Sy.No.279/4-
Sale/Title/Gift Deed, survey Sy.No.279/4-
Khatha, survey Sy.No.279/4-
Certificate issued by CA Form 1File: SMG CA Certificate RERA.pdf-
Certificate issued by Engineer Form 3File: SMG - Engineer certificate.JPG-
Project Chartered Accountant-
Project Engineer-
AffidavitFile: Non Litigation Affidavit.PDF-
Certificate from Chartered AccountFile: SMG CA Certificate RERA.pdf-
Certificate issued by ArchitectFile: SMG - Architect Certificate RERA.pdf-
Balance Sheet 2020 - 2021File: BS 2021.pdf-
Balance Sheet 2019 - 2020File: BS 2020.pdf-
Balance Sheet 2018 - 2019File: BS 2019.pdf-
Audited Profit and Loss Statement 2020 - 2021File: P&L 2019.pdf-
Audited Profit and Loss Statement 2019 - 2020File: P&L 2019.pdf-
Audited Profit and Loss Statement 2018 - 2019File: P&L 2019.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: ITR 2021.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: ITR 2020 21.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: ITR 2019 20.pdf-
Commencement certificate-
Layout plan Septic tank-
Layout plan Septic tank-
SMG - Layout Specifications --
CDP PLAN-
AOS-
Form B Affidavit-
section 3-
NOC from Water Board for RERA-
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How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Other projects near Mysore700+ in Mysore

2 kmSMG'S SILVER PALMSOther 25Dot size: filed unitsN

Filed coordinates, straight-line distance. 25 registered projects within 2 km.

Builder: SANTHOSH

Santhosh has 2 registrations on RERA Karnataka, including Royale properties Bethel and SMG'S SILVER PALMS. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if SMG'S SILVER PALMS is delayed beyond 29 Jan 2023?

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 SMG'S SILVER PALMS?

The registered promoter entity is SANTHOSH, a proprietorship 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 SMG'S SILVER 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.

Who certifies construction progress at SMG'S SILVER PALMS?

The professionals named in the filing: Engineer: Akshay Kumar V; Chartered Accountant: Mahesh R. 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 SMG'S SILVER 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; 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 SMG'S SILVER 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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