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TNRERA TN/07/Building/0073/2018

Shree Velu Builders (P) LTD – Phase-i – Block ‘D’ – Tower-i – Stilt Floor + First Floor-cu

Salem · Shree Velu Builders (P) LTD
THOK VERDICT
Ruko
28THOK SCORE

Declared possession date passed 16 months ago and completion is not recorded in the register: ask the builder for the completion / occupancy certificate.

SCORE 28/100 · CONFIDENCE MEDIUM
RERA possession
Dec 2021
Latest possession
Jun 2025
Units sold
Not disclosed
Status
Registered
Address
Construction of Phase-I – Block ‘D’ – Tower-I – Stilt floor + First floor-cum-Podium level + 2nd Floor to 9th Floor with 6 dwelling in each floor totalling 54 dwelling units. Tower – II – Stilt floor + First floor-cum-Podium level + 2nd Floor to 9th Floor with 3 dwelling in each floor totalling 27 dwelling units. Block ‘E’ – Tower – I - Stilt floor + First floor-cum-Podium level + 2nd Floor to 9th Floor with 6 dwelling in each floor totalling 54 dwelling units. Tower – II - Stilt floor + First floor-cum-Podium level + 2nd Floor to 9th Floor with 3 dwelling in each floor totalling 27 dwelling units. Individual Villa ‘B’ Type Block of 9 Nos. with Ground Floor + First Floor of 4 dwelling unit in each block, Block – A – Tower – I – Stilt floor + First floor-cum-Podium level + 2nd Floor to 9th Floor with 6 dwelling in each floor totalling 54 dwelling units. Block – B – Tower – I - Stilt floor, Tamil Nadu
Open in Maps ↗

Jun 2025 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 →
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Less than 0.05% of a ₹50 lakh home.
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Last checked 31 Oct 2026 · TNRERA page ↗ · Report an error · Builder? Reply to this record
×Possession timeline
RUKO
Possession moved 42 months (Dec 2021 → Jun 2025); 16 months past the latest declared date; completion not confirmed in the register.
TNRERA registration ↗
…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
Dec 2021RERA registration
Jun 2025Latest 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 42 months (Dec 2021 → Jun 2025); 16 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%
65
Builder reported the project at foundation stage to TNRERA (quarter not stated).

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 2018. TNRERA doesn't publish lapses: ask for the current registration or extension certificate.
  2. ×
    Possession date has not been pushed back RUKO
    Moved 42 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.