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Silversky Shamada

PRM/KA/RERA/1258/404/PR/200525/007758 · RERA Karnataka · https://gethorizon.in/projects/silversky-shamada-davanagere-q9v07tcv

01

Complete project overview

RERA Karnataka · Registration filing
Units
35 units
Unit mix
20 × 2BHK · 10 × 3BHK · 5 × 1 BHK
Towers
1
Floors
5
Land area
1,845 sq m
Built-up area
5,978 sq m
FAR sanctioned
1.67
Covered area
783 sq m
Open area
1,062 sq m
Land parcels
1 survey no

Timeline

Project startedOct 2024
RERA registeredMay 2025
Proposed completionAug 2027
TodaySep 2026
Construction progress

37% overall, as filed

Amenities0%
Super-structure5%
Finishing19%
Common areas37%
Internal infra50%
External infra50%
Sub-structure100%
From the builder's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

35 units across 3 batches
TypeArea sq mCount
1 BHK495
3BHK9610
2BHK7320

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Builder registration

Silversky Homes LLP

Partnership FirmPromoter type
DavangereBased in
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Davanagere
District
Davangere
Pincode
577004
Address
#1729/9 , Shamanur Road , Davanagere , Davangere, Karnataka - 577004
North boundary
Sy No.9/A4 & Sy No.9/2A
East boundary
Road
South boundary
Sy.No.9/1B
West boundary
Sy.No.10
What’s nearby
Schools1 school within 500m · 6 educational institutions within 1km · College or university 764m away
HealthcareHospital 1.2km away · Clinic within 2km
LifestylePark 1.8km away · 4 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 1.8km away · Mall 1.3km away · Bank 681m away
Getting around
Expressway 408 m · Harihara Davangere BypassPrimary road 2.2 km · Hadadi RoadRailway line 3.1 kmRailway station 3.3km away (Davanagere)2 bus stops within 500m
Water & environment
Water body 1.6 km · Kundavada Lake
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionOne or more surveys not converted to non-agricultural
As declared by the builder at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹15.24 Cr declared to build 35 flats. What that works out to:

₹43.54 Lakhdeclared cost per flatall-in — land + construction
₹2,368/sq ftof built-up area₹25,490/sq m
20%of the cost is land₹1,529/sq ft of land

This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Government Guidance Rate

Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes

In Karnataka it’s called the guidance value.

₹25,084per sq yd
₹30,000per sq m
Which rate
site (guidance value)
Matched to
The rate published for “SHAMANUR ROAD”.
In force
effective Oct 2023

What this number is — and isn’t

  • The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Karnataka · Approved building plan

Davanagere-Harihara Urban Development Authority

Urban Development Authority
approved 31 Jul 2023 · 3 yrs ago
Building Permit no. DVG-LBPAS-18555/22-23/BPSurvey no. 9576764483
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

Verify it yourself — look up plan DVG-LBPAS-18555/22-23/BP on the approving authority’s portal to confirm the approval.

The approving body, at scale

Davanagere-Harihara Urban Development Authority

Urban Development Authority

Has approved 24 RERA projects0.3% of Karnataka.

a mixed market50% apartments · 50% plotted layouts.

Builders
24
On record
268 flats · 857 plots
Reach
6 taluks
Since
2018

More layout-heavy than Karnataka overall — 50% plots here vs 38% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

13 residential projects still under way within 25 km. Step out ring by ring:

Of the 21 projects the radar draws within 6 km — every kind, every stage — 12 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

270 m awayApartment

SHIVAGANGA ENCLAVE

SHIVAGANGA CONTRACTORS LLP · Davanagere

Apr 2026started
Mar 2029target completion
Declared cost₹21.47 CrScale45 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.