RERA project · Residential/Group Housing
THE POEM BY SHRIRAM PROPERTIES
by SPL PALMS DEVELOPERS PRIVATE LIMITED · 660 homes · 6.29 acres · 6 towers · Bengaluru North
Upcoming Under construction, due Mar 2027, after an extension. 50% built with 93% of the time used. 100% of homes booked.
At a glance
Due 31 Mar 2027. 93% of the time from RERA approval to the deadline has passed.
660 of 660 homes, as the builder reported for Q2 2026-27.
Similar projects across the city: 76 per acre. 74% of the land is left open.
Complaints to RERA about this project.
No litigation on the land or the project, as the builder declares it to RERA.
Of its 32 RERA projects in Bengaluru Urban: 4 delivered on time, 7 late (after the date first promised), 15 past due with no completion filed, 6 under way.
These answers come from the builder's own filings on RERA Karnataka and RERA's records. They are not checked on site; each section below shows the detail.
When will it be ready?
- Work started1 Mar 2021
- Approved by RERA19 Mar 2021
- First promised31 Mar 2026
The date the builder gave at registration.
- Today24 Oct 2026
93% of the time to the deadline has passed.
- Deadline (extended)31 Mar 2027
The date it must be complete by.
- If it slips like a typical project31 Dec 2027
35% of 4,105 active projects in Bengaluru Urban have extended their deadline, by a median of 275 days.
How much is built, each quarter
Built, as the builder reports itTime used by then
When the bar is short of the mark, construction is behind a steady pace. Builders rarely work at a steady pace, so read it as a rough guide.
By tower, Q2 2026-27
CaveatDates from the RERA Karnataka project list, 24 Oct 2026. Progress as the builder reports it each quarter, certified by its architect and engineer; not checked on site.
How much is sold?
Booked, by type
Booked, each quarter
Booked means sold or reserved, as the builder reports it. It says nothing about prices.
CaveatFrom the builder's quarterly updates to RERA Karnataka.
What's being built?
Sizes from the builder's flat-by-flat list on RERA: the size most homes of each type have, and the range. Carpet area is the floor area inside the walls of a home, the figure RERA requires builders to sell by. Land share (the undivided share) is the part of the land that comes with each home.
Towers
Tower-1: 114 homes, 1 basement · Tower-2: 108 homes, 1 basement · Tower-3: 108 homes, 1 basement · Tower-4: 108 homes, 1 basement · Tower-5: 114 homes, 1 basement · Tower-6: 108 homes, 1 basement
Amenities
- Electricity
- Club House
- Community Hall
- Outdoor Sports facility
- Indoor Sports facility
- Swimming Pool
- Gym
- Parks
- Power Backup
- Water and Sanitation
CaveatAs registered by the builder on RERA Karnataka.
How crowded is it?
Homes per acre
Fewer homes on each acre usually means less crowding: less traffic, quieter common areas.
Land left open
The share of the land not built on, which includes roads.
- Land
- 6.29 acres
- Ground covered by buildings
- 26% of the land
25,456 m²
6,583 m²
CaveatAs registered on RERA Karnataka. "Typical" is the median of active residential/group housing projects with a land area on RERA; the comparison is ours.
Who is building it?
All 32 RERA projects of Shriram Properties on the map
The company
- Registered as
- SPL PALMS DEVELOPERS PRIVATE LIMITED
- Type
- Company
- Company number
- U70100KA2013PTC068447
- PAN
- AASCS9362A
CIN or LLPIN, from the Registrar of Companies.
The land is owned together with others (a joint development), including SUVILAS REALITIES PRIVATE LIMITED.
CaveatFrom the builder's own filings on this project's RERA page; complaints from RERA's list.
Paperwork and legal
- Registered with RERAPRM/KA/RERA/1251/309/PR/210319/004033 · Approved
- Building plan approvedBBMP - Bruhat Bengaluru Mahanagara Palike
- Litigation on the landNot stated
- Litigation on the projectNone declared in the Q2 2026-27 update
Complaints to RERA about this project
- refund required of token amount of 50k INR 12 Sep 2021 · Disposed Ao
- False delivery date assured 31 May 2022 · Disposed Authority Bench6
- Refund of initial booking amount of rs 50000 19 Jul 2022 · Disposed Authority Bench6
- Refund of Booking Amount 50,000 23 Mar 2023 · Disposed Authority Bench5
- Misleading information regarding project handover 21 Apr 2023 · Disposed Authority Bench6
- The RERA Santioned plan not matching with the "The Poem " property details shared by Sales team. 16 May 2023 · Disposed Authority Bench6
- RERA 13(2) NOT FOLLOWED - REFUND OF FULL PAID AMOUNT RS 894396 5 Jun 2023 · Disposed Authority Bench6
- Refund of the Booking Amount 21 Jun 2023 · Disposed Authority Bench6
Documents
137 files on the RERA page: Approved plan ↗, Brochure ↗.
CaveatAs filed on RERA Karnataka. Complaints are listed without the names of the people who filed them.
Project cost
- Land
- ₹15.0 cr
- Construction
- ₹152.0 cr
- Total project cost
- ₹305.0 cr
Money from buyers, each quarter
| Quarter | Collected from buyers | Withdrawn from the project account |
|---|---|---|
| Q3 2025-26 | ₹45.2 cr | ₹31.8 cr |
| Q4 2025-26 | ₹16.1 cr | ₹11.1 cr |
| Q1 2026-27 | ₹0.0 lakh | ₹1.8 cr |
| Q2 2026-27 | ₹0.0 lakh | ₹24.2 lakh |
Builders fill these in differently: some give the quarter, some the total so far, and the totals don't always add up. Read them as rough.
CaveatCost as certified by the builder's chartered accountant at registration.
What's around it?
This project lists no location on RERA, so there is no location report for it.