Home / Browse projects / Kolar, Karnataka / SPH Palms
SPH Palms
By SPH GROUPS
RG-KA-45855 · RERA PRM/KA/RERA/1265/339/PR/191015/002937
Source: official RERA Karnataka filing
Red flags
- 1 complaint at RERA Karnataka
- Completion date moved by 9 months
- 1 extension taken
Clear
- Separate project account declared
Saved.
SPH Palms is a Plotted Development project by SPH GROUPS in Kolar, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1265/339/PR/191015/002937 on 15 Oct 2019. Possession is promised by 28 Feb 2023. The completion date has moved by 9 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NameSPH Palms
- TypePlotted Development
- Location
- Kolar
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1265/339/PR/191015/002937
- ReraGenie IDRG-KA-45855
Builder
- NameSPH GROUPS
- Entity typePartnership Firm
- Authorized SignatoryPardeep vats
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 Oct 2019
- Promised completion28 Feb 2023
- Revised completionRevised to 28 Feb 2023 (originally 31 May 2022)
- BuildingsNot stated in filing
- Documents filed29 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.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Nandan Kumar |
| Engineer | K.S.SUMA |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Complaints filed with RERA Karnataka1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CMP/210325/0007833 | - | SPH GROUPS | 25/03/2021 |
Documents filed29
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/191015/002937 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: Registration certificate.PDF | - |
| Layout Plan and Sanction Letter | - |
| Layout Plan and Sanction Letter | - |
| Proforma for Absolute Sale Deed | - |
| Proforma for Agreement to Sale | - |
| Sale Deed & RTC | - |
| Brochure | - |
| SPH PALMS SPECIFICATIONS | - |
| Ec for last 12 years | - |
| Notarized Affidivit | - |
| Katha SPH Group | - |
| Katha SPH Group_compressed (1) | - |
| Conversion certificate | - |
| SPH PALMS QUEREY | - |
| Layout Plan & Sanction | - |
| Conversion certificate | - |
| Balance Sheet 2017 - 2018File: SPH_ 17-18_sd.pdf | - |
| Balance Sheet 2016 - 2017File: SPH FY 2016-17.pdf | - |
| Balance Sheet 2015 - 2016File: SPH FY 2015-16.pdf | - |
| Audited Profit and Loss Statement 2017 - 2018File: SPH_ 17-18_sd.pdf | - |
| Audited Profit and Loss Statement 2016 - 2017File: SPH FY 2016-17.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: SPH FY 2015-16.pdf | - |
| Income Tax Return Acknowledgement 2017 - 2018File: ACXFS8929B2017-18.pdf | - |
| Income Tax Return Acknowledgement 2016 - 2017File: ACXFS8929B2016-17.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ACXFS8929B2015-16.pdf | - |
| Notarized Form B | - |
| Prospectus/BrochureFile: Prospectus_page-0001.jpg | - |
| Advertisement Copy 1File: Ad_page-0001.jpg | - |
| Plot Excel SheetFile: PRM_KA_RERA_1265_339_PR_191015_002937.xlsx | - |
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Builder: SPH GROUPS
SPH GROUPS has 1 registration on RERA Karnataka, including SPH 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 SPH Palms is delayed beyond 28 Feb 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 SPH Palms?
The registered promoter entity is SPH GROUPS, 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 SPH 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 SPH 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.
Who certifies construction progress at SPH Palms?
The professionals named in the filing: Architect: Nandan Kumar; Engineer: K.S.SUMA. 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 SPH 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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