Possession moved 43 months (Sep 2022 → Apr 2026); 6 months past the latest declared date; completion not confirmed in the register.
SCORE 25/100 · CONFIDENCE MEDIUM
RERA possession
Sept 2022
Latest possession
Apr 2026
Units sold
Not disclosed
Status
Registered
Address
Project Name: “Sharada” - Construction of Stilt Floor + 4 Floors + 5th Floor part Residential Building with 96 dwelling units at Plot No. 2 & 3 in approved Layout No.LASD/WDCN15/000017/18 and Plot No.9 to 24 in Approved Layout No.LA/WDCN15/0009/18 at Balaji Nagar Street, Sholinganallur, Chennai in Survey No.311/1A part, 311/1B part of Sholinganallur Village & Taluk, Kancheepuram District., Tamil Nadu
Apr 2026 is the latest possession date on TNRERA (checked 31 Oct 2026). The builder has not filed a newer extension, so the project is running past its own declared date.
Builder reported 89% physically complete to TNRERA for the quarter ending Dec 2025, against about 95% of the timeline elapsed. No newer progress report in 10 months. 96 units reported booked.
Registered sale prices near this project, from the state's property registration records.
State registration records · coming soon
…Court cases
NOT CHECKED YET
RERA complaints, civil and consumer cases against the builder.
eCourts · e-Jagriti · coming soon
…Land title
NOT CHECKED YET
Land records and property card matched to the promoter.
State land records · coming soon
What the builder said, and what we found
POSSESSIONDOESN’T MATCH
Sep 2022RERA registration
Apr 2026Latest TNRERA date
Why this score
Open method: each factor's weight and what we found. Unchecked factors don't count for or against. How we score
Legal exposure 20%
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Complaints and court cases not yet checked.
Title & approvals 10%
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Land records and approvals not yet checked.
Delivery record 25%
0
Possession moved 43 months (Sep 2022 → Apr 2026); 6 months past the latest declared date; completion not confirmed in the register.
Promoter financial health 20%
75
No IBBI insolvency announcement against the promoter. MCA filings not yet checked.
Disclosure accuracy 10%
—
Unit inventory not yet checked for this state.
Construction reality 15%
50
Builder reported 89% physically complete to TNRERA for the quarter ending Dec 2025, against about 95% of the timeline elapsed. No newer progress report in 10 months.
Recent photos
No reviewed photos yet. Been to the site recently? Add one: it helps every buyer here.
Before you pay a token
Pre-booking checklist: what our records confirm, and what to ask the builder in writing.
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Project is registered with TNRERA and not lapsed ASK BUILDER
Registered · Feb 2020. TNRERA doesn't publish lapses: ask for the current registration or extension certificate.
×
Possession date has not been pushed back RUKO
Moved 43 months since registration. Get the current date written into your agreement.
✓
Builder is not in insolvency VERIFIED
No reviewed IBBI insolvency match. Company filings (MCA) are not yet checked.
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Unit inventory is disclosed ASK BUILDER
Ask for the sold/unsold inventory as filed with TNRERA.
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Clear land title ASK BUILDER
Ask for the title search report by an advocate and the latest land record (7/12 in Maharashtra, Jamabandi in Haryana, Khatauni in UP, Patta/Chitta in Tamil Nadu) showing the promoter as owner.
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Commencement certificate (CC) and approved plans ASK BUILDER
Ask for the CC covering your floor and the sanctioned building plan.
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Project bank account (70% escrow) ASK BUILDER
Pay only into the RERA designated account named in the registration. Ask for the account details in writing.
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Carpet area as per RERA ASK BUILDER
The agreement must state carpet area (not super built-up) and match the RERA filing.
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Payment linked to construction stages ASK BUILDER
No more than 10% before a registered agreement for sale; later instalments tied to construction milestones.
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Lender approval ASK BUILDER
Ask which banks/HFCs have approved this project for home loans (APF). No approvals is a signal.