RERA Property Intelligence Report · Preview

Silversky Shamada

Silversky Homes · · K-RERA PRM/KA/RERA/1258/404/PR/200525/007758

Report coverage

K-RERA registry & builder-record report

What this report covers

  • Official K-RERA registry facts — units, cost, land area, towers, approvals
  • Complaint / litigation & compliance history
  • Builder delivery record across their K-RERA portfolio
  • Construction trajectory & sales pace from quarterly filings

To confirm directly with the builder

  • No dimensioned unit layouts could be confidently extracted from the filed plans.
Not yet
Completion certificate
None declared
Legal status
Other RERA projects by builder

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk rating, the specific red-flag findings, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the builder before you commit.

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35
Registered units
₹10.0 Cr
Est. construction cost
Units profiled
33
RERA documents on file

Official Registry Facts

Official project scale

RERA filing

Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.

DisclosureOfficial valueWhy it matters
Registered units35Total inventory registered with K-RERA.
Official carpet area2,655 sqmRegulator-disclosed project-level carpet area, not vision-derived room sums.
Official built-up area5,978 sqmUseful scale context when comparing density and project cost.
Registered land area1,845 sqmThe land area attached to this K-RERA registration.
Sanctioned FAR/FSI1.67Higher FAR generally means a denser vertical build, subject to site layout and open-space design.
Registered towers/wings1Official tower/wing count in the K-RERA detail page.
Parking disclosed39 total (39 covered, 0 open) — 1.11 spaces/unitConfirm whether your quoted unit includes an allotted parking space and where it sits.
Approved plan numberDVG-LBPAS-18555/22-23/BPUse this to match the sanctioned drawing set shown by the builder.
Plan approval date31-07-2023
Project start date25-10-2024

Official inventory & towers

RERA filing

K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.

Registered inventory mix

TypeUnitsShareOfficial carpet area
2BHK2057%1,453 sqm
1 BHK514%247 sqm
3BHK1029%955 sqm

Registered tower / wing summary

Tower/wingFloorsUnitsParkingHeight
Silversky Shamada5353917.95 m

Official unit register

RERA filing

K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 35 official flat/unit rows, matching the 35 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.

By unit type

Unit typeRowsCarpet areaUDSParking lots
2 BHK20723.4-838.9 sqft44.5-57.8 sqft20
3 BHK10961.9-1,066.8 sqft60.2-73.7 sqft10
1 BHK5532.2-532.5 sqft34.2 sqft5

By tower / wing

Tower/wingRowsCarpet areaUDSParking lots
Silversky Shamada35532.2-1,066.8 sqft34.2-73.7 sqft35
Show sample official unit rows
UnitTowerFloorTypeCarpetUDSParking
101Silversky Shamada12 BHK807.0 sqft50.9 sqft1
102Silversky Shamada12 BHK727.4 sqft44.7 sqft1
103Silversky Shamada12 BHK737.5 sqft45.4 sqft1
104Silversky Shamada12 BHK723.4 sqft44.5 sqft1
105Silversky Shamada13 BHK961.9 sqft60.2 sqft1
106Silversky Shamada13 BHK1,040.7 sqft64.6 sqft1

What the numbers tell you

Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.

Unit formatAverage official carpet area is ~817 sqft — mid-format homes (2–3BHK territory), not compact stock. This is a boutique, low-density project — 35 homes across 1 tower. Carpet is the RERA-defined usable area, so compare it against the 'super built-up' a broker quotes (typically 25–35% larger).
ParkingThe project declares 39 parking spaces for 35 homes (~1.1 per home) — about one space per home — adequate but tight if you have two cars.
Your land share (UDS)Undivided land share averages ~55 sqft per home; across all 35 homes that is ~10% of the plot — on the lower side — the undivided shares sum to noticeably less than the plot, worth asking the builder why before relying on it. Low UDS relative to land can mean the builder keeps land value the flat owners think they're buying.

🔒 Unit-by-unit guidance · Unit Guidance report

Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.

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🔒 Full records — land title, amenities paperwork & document catalog · Compliance report

The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.

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Legal, Approvals & Project Team

Litigation & compliance

RERA filing

No litigation declared on this project's K-RERA filing.

⚠ 10 of 26 compliance document slots are filed as under process / not yet usable: Electricity Permission Letter, Project Specifications, Certificate from Registered Engineer indicating the structural safety of the building, Advocate Search Report, Collaboration Agreement/Development Agreement/Joint Development Agreement/Other Agreement and more.

4 additional compliance slots are filed as Not Applicable.

No completion certificate (OC) on file yet — project has not been declared complete.

Named utility/regulatory approvals

Electricity (BESCOM/ESCOM)Not found in catalog
Water & sewage (BWSSB/KWSSB)✓ On file (Water Permission Letter)
Fire NOCNot found in catalog
Pollution control (KSPCB)Not found in catalog
Environmental clearanceNot found in catalog
Airport Authority height clearanceNot found in catalog

"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.

Statutory approval status

RERA filing

10 further authority slots are marked not applicable by the regulator.

Authority / NOCStatusDateFile

Project team & certifications

RERA filing

K-RERA names 4 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.

RoleNameRegistration / licenceSinceLocality
Chartered accountantJaksha M2452822018Davangere, Karnataka - 577001
EngineerPralabhi Associates0000000002017Bengaluru Urban, Karnataka - 560097
ArchitectAcorn SignitiveCA/2010/481052017Bengaluru Urban, Karnataka - 560097
ContractorK Nikhil Basha-2023Davangere, Karnataka - 577004

Financials & Construction Progress

Financial disclosures

RERA filing

Latest quarterly filing (2025-Q4): ₹1.13 Cr collected from buyers, ₹1.15 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹1.15 Cr) exceeded buyer collections (₹1.13 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.

Construction progress35% → 37% (+2 pts)
Units sold/booked as registered6/35 (17%)
Buyer collections in available QPRs₹1.76 Cr
Escrow withdrawals in available QPRs₹1.44 Cr (0.82x collections)

QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.

Declared construction cost ÷ registered units averages to ₹28.6 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.

RERA 70% project account is on file: HDFC DAVANGERE-KARNATAKA IFSC Code : HDFC398 Pin Code : 577004. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.

Location & Connectivity

The nearest major job hub is ~12 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
MG Road / city centre5 km
Bellandur–Marathahalli belt12 km
Outer Ring Road / Manyata12 km
Electronic City14 km
Whitefield IT hub19 km
Kempegowda Int'l Airport31 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

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Built by Silversky Homes.

Other RERA-registered projects in Basavanagudi

Major developers building in Basavanagudi

Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.

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Last checked against the RERA register: 16 Jul 2026