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FOUNDATIONS BHAGYASHREE
By FOUNDATIONS
RG-KA-87569 · RERA PRM/KA/RERA/1268/378/PR/210928/004309 · Last updated on RERA Karnataka portal: 20 Aug 2021
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
FOUNDATIONS BHAGYASHREE is a Residential/Group Housing project by FOUNDATIONS in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/210928/004309 on 28 Sep 2021. Possession is promised by 30 Apr 2024.
At a glance
Project
- NameFOUNDATIONS BHAGYASHREE
- TypeResidential/Group Housing
- Location
- MYSORE
- PincodeNot stated
- RERA no.PRM/KA/RERA/1268/378/PR/210928/004309
- ReraGenie IDRG-KA-87569
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on28 Sep 2021
- Promised completion30 Apr 2024
- Revised completionNone
- Buildings1 building record
- Documents filed57 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Foundations Bhagyashree | - | - | - | 62 | 0 | 62 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 20 Aug 2021, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| Plinth level Beam | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities41
As on 20 Aug 2021, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | No | Not applicable |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | No | Not applicable |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas and common storage spaces | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| BHAGYAMMA | - | - |
Project account and cost
70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | HARSHAVARDHANA H N |
| Engineer | DEEPAK H S |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed57
As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1268/378/PR/210928/004309 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Guidance value certificateFile: Certificate.jpg | 20 Aug 2021 |
| LAYOUTFile: Layout 1.pdf | 2 Jul 2021 |
| LAYOUTFile: Layout 2.pdf | 2 Jul 2021 |
| LAYOUTFile: Layout.pdf | 2 Jul 2021 |
| PROJECT SPECIFICATIONSFile: Specifications.pdf | 2 Jul 2021 |
| AGREEMENT FOR SALEFile: Aggrement for sale.pdf | 2 Jul 2021 |
| Mutation CopyFile: Mutation copy of Foundations Bhagyashree.pdf | 24 Jun 2021 |
| Conversion OrderFile: Conversion order .pdf | 24 Jun 2021 |
| Grount/Stilt floor to seventh Floor Sanctioned PlanFile: Ground to Seventh Floor Plan .pdf | 24 Jun 2021 |
| Eighth and Terrace floor sanctioned PlanFile: Eight floor &Terrace plan .pdf | 24 Jun 2021 |
| Elevation/ Site and Section approved LayoutFile: Elevation, Site and Section Layout .pdf | 24 Jun 2021 |
| Specification of the ProjectFile: Specifications of the Project .pdf | 24 Jun 2021 |
| CertificateFile: Foundation Regestration Certific.PDF | - |
| Commencement Certificate | - |
| sanctioned drawing | - |
| Single Layout Plan | - |
| FN-2 (19)-Bhagyamma-SA- | - |
| FN-2 (19)-Bhagyamma-SA- | - |
| RTC | - |
| section drawing | - |
| sanctioned drawing | - |
| Allotment Letter | - |
| Bhagyashree brochure - 8 (1) | - |
| Specifications of the Project | - |
| Upto Date EC | - |
| Affidavit | - |
| Joint Affidavit cum Declaration | - |
| Katha Bhagyamma | - |
| JDA - Bhagyashree | - |
| Unnamed document | - |
| Deed of Relinquishment | - |
| Fire noc | - |
| Unnamed document | - |
| KEB NOC | - |
| Water & UGD | - |
| Pollution Board NOC | - |
| Unnamed document | - |
| Unnamed document | - |
| section drawing | - |
| Single Layout Plan | - |
| sanctioned drawing | - |
| Conversion Certificate | - |
| Unnamed document | - |
| Balance Sheet 2019 - 2020File: FY 2019-20 Balance Sheet.pdf | - |
| Balance Sheet 2018 - 2019File: Foundations 2018-19 Balance sheet.PDF | - |
| Balance Sheet 2017 - 2018File: Foundation 2017-18 Balance Sheet.PDF | - |
| Audited Profit and Loss Statement 2019 - 2020File: FY 2019-20 P&L Account.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: Foundation 2018-19 P & L Account.PDF | - |
| Audited Profit and Loss Statement 2017 - 2018File: Foundation 2017-18 P & L Account.PDF | - |
| Auditor's Report 2019 - 2020File: FY 2019-20 Auditors Report.pdf | - |
| Auditor's Report 2018 - 2019File: Foundation 2018-19 Auditors Rep.PDF | - |
| Auditor's Report 2017 - 2018File: Foundation 2017-18 Auditor Repor.PDF | - |
| Income Tax Return Acknowledgement 2019 - 2020File: FY 2019-20 ITR Return.pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: Foundations 2018-19 ITR Return.PDF | - |
| Income Tax Return Acknowledgement 2017 - 2018File: Foundation 2017-18 IT Return.PDF | - |
| Form B (1) | - |
| Tower Excel SheetFile: PRM_KA_RERA_1268_378_PR_210928_004309.xlsx | - |
Promoter's earlier projects4
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| FOUNDATIONS DHIYA | - | Ongoing | Dec 2022 | Not delivered |
| FOUNDATIONS SILVERSPRINGS | - | Completed | - | No date filed |
| FOUNDATIONS SILICON | - | Completed | - | No date filed |
| FOUNDATIONS PEARL | - | Completed | - | No date filed |
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Builder: FOUNDATIONS
FOUNDATIONS has 2 registrations on RERA Karnataka, including Foundations Manasum Govardana and FOUNDATIONS BHAGYASHREE. Its filings declare 8 earlier projects, 5 of them declared completed. Read the full track record. See more projects on the Mysore district page.
Frequently asked questions
What are my rights if FOUNDATIONS BHAGYASHREE is delayed beyond 30 Apr 2024?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.
How do I verify and contact the developer of FOUNDATIONS BHAGYASHREE?
The registered promoter entity is FOUNDATIONS, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.
Is my payment protected in FOUNDATIONS BHAGYASHREE?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
Who certifies construction progress at FOUNDATIONS BHAGYASHREE?
The professionals named in the filing: Architect: HARSHAVARDHANA H N; Engineer: DEEPAK H S. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in FOUNDATIONS BHAGYASHREE?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.
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