TNRERA TN/01/Building/0075/2020

Sharada

THOK VERDICT
Ruko
25THOK SCORE

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
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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.

Possession date passed? Work out the delay interest or refund RERA says the builder owes youDelay refund calculator →
Full Thok Report₹149
  • One document with every finding, how the score was worked out and each official source
  • How this builder's other projects went: possession delays and lapses (21 registered projects)
  • The exact questions to ask the builder before you pay a token
  • A PDF you can share with family or your lawyer
Less than 0.05% of a ₹50 lakh home.
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×Possession timeline
RUKO
Possession moved 43 months (Sep 2022 → Apr 2026); 6 months past the latest declared date; completion not confirmed in the register.
!Construction progress (builder-reported)
DHYAAN DO
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.
…Price
NOT CHECKED YET
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%
—
Complaints and court cases not yet checked.
Title & approvals 10%
—
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

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Before you pay a token

Pre-booking checklist: what our records confirm, and what to ask the builder in writing.

  1. ?
    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.
  2. ×
    Possession date has not been pushed back RUKO
    Moved 43 months since registration. Get the current date written into your agreement.
  3. ✓
    Builder is not in insolvency VERIFIED
    No reviewed IBBI insolvency match. Company filings (MCA) are not yet checked.
  4. ?
    Unit inventory is disclosed ASK BUILDER
    Ask for the sold/unsold inventory as filed with TNRERA.
  5. ?
    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.
  6. ?
    Commencement certificate (CC) and approved plans ASK BUILDER
    Ask for the CC covering your floor and the sanctioned building plan.
  7. ?
    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.
  8. ?
    Carpet area as per RERA ASK BUILDER
    The agreement must state carpet area (not super built-up) and match the RERA filing.
  9. ?
    Payment linked to construction stages ASK BUILDER
    No more than 10% before a registered agreement for sale; later instalments tied to construction milestones.
  10. ?
    Lender approval ASK BUILDER
    Ask which banks/HFCs have approved this project for home loans (APF). No approvals is a signal.