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Registration approved Plotted Development project

Sylvia City

By Shankeshwar Landmarks

RG-KA-62819 · RERA PRM/KA/RERA/1254/465/PR/171103/001216

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 11 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jul 2019Possession promisedmoved 11 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 68 documents Report an error

Sylvia City is a Plotted Development project by Shankeshwar Landmarks in Chikkaballapura, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1254/465/PR/171103/001216 on 3 Nov 2017. Possession is promised by 30 Jul 2019. The completion date has moved by 11 months from the original filing.

At a glance

Project

  • NameSylvia City
  • TypePlotted Development
  • Location
    • Sidlaghatta
    • Chikkaballapura
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1254/465/PR/171103/001216
  • ReraGenie IDRG-KA-62819

Builder

  • NameShankeshwar Landmarks
  • Entity typePartnership Firm
  • Authorized SignatoryMAHAVEER SHANKARLAL MEHATA
  • OthersASHOK MEHTA, Vijay Mehta, NAKODA HOLIDAY RESORTS PVT LTD
  • Other registrations1 more →

Key dates

this monthRegisteredNov 2017First promiseAug 2018Revised toJul 2019

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on3 Nov 2017
  • Promised completion30 Jul 2019
  • Revised completionRevised to 30 Jul 2019 (originally 31 Aug 2018)
  • BuildingsNot stated in filing
  • Documents filed68 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 area32,726 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 2.00 cr

Extensions applied for1

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

EX/PRM/KA/RERA/1254/465/PR/200117/001216Aug 2018 → Jul 2019

Reason as filed by the promoterFinancial crunch

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed68

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/1254/465/PR/171103/001216 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: New Doc 2017-08-08.jpg-
Architect Certificate for Work Completion Schedule till DateFile: Arc Ext.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engineer Certificate SLM Extension 1.pdf-
CA Certificate for Funds UtilizationFile: C A Fund Utlization Letter Slyvia.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Arc Ext Work to be done.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engineer Certificate SLM-2 Extension 2.pdf-
CA Certificate for Funds required for Project CompletionFile: Certificate for fund required.pdf-
AffidavitFile: SLM Form B For Extension New.pdf-
Latest Encumbrance Certificate-
Consent letter from 2/3rd of AllotteesFile: Slyvia City Client Letter Final.pdf-
Details Of Sold/ Un-sold UnitsFile: Slyvia Ex.xlsx-
Document 1File: Complection Letter.pdf-
Document 2File: RERA Certificate.pdf-
CC-
Plan-
Plan-
Sale Deed-
Sale Agreement-
All Sale Deed-
Plan-
Plan-
BOOKING FORM - ALLOTMENT-SLM-
Sylvia E-BROCHURE-
NOC-
Specification-
EC-compressed-
All RTC-
Non Applicable-
All Conversion-
Conversion Order-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Unnamed document-
Non Applicable-
Non Applicable-
Non Applicable-
Non Applicable-
Conversion Order-
Non Applicable-
Non Applicable-
Non Applicable-
Balance Sheet 2015 - 2016File: Balance Sheet.pdf-
Balance Sheet 2014 - 2015File: Balance Sheet.pdf-
Balance Sheet 2013 - 2014File: BALANCE SHEET.pdf-
Audited Profit and Loss Statement 2015 - 2016File: P & L.pdf-
Audited Profit and Loss Statement 2014 - 2015File: P & L.pdf-
Audited Profit and Loss Statement 2013 - 2014File: P & l.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: ITR.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: ITR.pdf-
Form B-
Prospectus/BrochureFile: 173 B.pdf-
Advertisement Copy 1File: 173 B.pdf-
Plot Excel SheetFile: PRM_KA_RERA_1254_465_PR_171103_001216.xlsx-
Occupancy CertificateFile: Complection Letter.pdf-
Completion certificateFile: Complection Letter.pdf-
Registered Agreement of SaleFile: Complection Letter.pdf-
Registered conveyance deed for an individual unitFile: Complection Letter.pdf-

How this compares with Chikkaballapura

27%of Chikkaballapura projects moved their completion datethis one moved by 11 months
1%of Chikkaballapura registrations are shown as withdrawn or revokedthis one is not

Computed across the 170+ Chikkaballapura projects on ReraGenie, from their own filings.

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Builder: Shankeshwar Landmarks

Shankeshwar Landmarks has 2 registrations on RERA Karnataka, including Sylvia City and Sylvia City Phase-2. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Chikkaballapura district page.

Frequently asked questions

What are my rights if Sylvia City is delayed beyond 30 Jul 2019?

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 Sylvia City?

The registered promoter entity is Shankeshwar Landmarks, 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 Sylvia City?

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 Sylvia City?

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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