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Registration approved Residential/Group Housing project

FOUNDATIONS SILICON

By FOUNDATIONS DEVELOPERS & PROMOTERS

RG-KA-81727 · RERA PRM/KA/RERA/1268/378/PR/190913/002855

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jan 2022Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 76 documents Report an error

FOUNDATIONS SILICON is a Residential/Group Housing project by FOUNDATIONS DEVELOPERS & PROMOTERS in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/190913/002855 on 13 Sep 2019. Possession is promised by 30 Jan 2022. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameFOUNDATIONS SILICON
  • TypeResidential/Group Housing
  • Location
    • MYSORE
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1268/378/PR/190913/002855
  • ReraGenie IDRG-KA-81727

Builder

  • NameFOUNDATIONS DEVELOPERS & PROMOTERS
  • Entity typePartnership Firm
  • Authorized SignatoryN S MURALIDHARA
  • Board MembersU M GURUSHANTHAPPA, A R RAVINDRA BHAT, S R SWAMY, A V SRIDHAR
  • Other registrations4 more →
  • Declared earlier projects9 →

Key dates

this monthRegisteredSep 2019First promiseApr 2021Revised toJan 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on13 Sep 2019
  • Promised completion30 Jan 2022
  • Revised completionRevised to 30 Jan 2022 (originally 30 Apr 2021)
  • Buildings1 building record
  • Documents filed76 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Foundations Silicon---22022

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)Not applicable
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)Not applicable
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawings-

Progress on shared amenities41

Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingNoNot applicable
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalNoNot applicable
Water conservationNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesNoNot applicable
Storm water drainsYes-
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityYes-
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupNoNot applicable
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesNoNot applicable
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes-

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area1,442 sq m
Named landownersNone

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.

Separate project accountDeclared
Estimated costRs 6.66 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectRAJGOPAL GOPINATH
EngineerDEEPAK H S

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionApr 2021 → not stated

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed76

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/190913/002855 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Foundations Firm Registration.PDF-
Already registered project ongoing detailsFile: RERA Project List.pdf-
Modified plan details site plan, floor plans, Plan Licence LetterFile: Modified Sanctied Plan1.pdf-
Elevation, Sections, Specifications ( If changes are there )File: Elevations.pdf-
List Of AllotteesFile: List Of Allottees b.pdf-
List Of ComplaintsFile: complain declarations.pdf-
Consent LetterFile: Conset Letter.pdf-
List Of Pending LitigationsFile: litigations declarations.pdf-
Chartered Accountant CertificateFile: Form 4.PDF-
Notarized AffidavitFile: Affidavit.PDF-
Engineer CertificateFile: Engineer certificate -for modified.pdf-
Architect CertificateFile: Architect certificate - Modified.pdf-
Structural Engineer Certificate for stability of structureFile: Certificate from H S Deepak.pdf-
Modification of Plan DetailsFile: Sanction Plan (Approved Building Plotting Plan).JPG-
Modification of Plan DetailsFile: Modified Sanction Plan.pdf-
Modification of Plan DetailsFile: CC.pdf-
Modification of Plan DetailsFile: commencement certificate_.pdf-
Modification of Plan DetailsFile: Previous units.xlsx-
Modification of Plan DetailsFile: New units.xlsx-
Document 1File: Pollution Control board Silicon.PDF-
Document 2File: Electricity.PDF-
Commencement certificate-
Approved Layout Plan-
Sale Deed -Silicon-
SA-Foundation Silicon-
Sale Deed of S Ragahavendra_compressed-
Approved Section of Building-
Area Development of Plan-
Preforma Allotment Letter-
pg1 and pg 4 ---11-mar-2019-
consent for establishment-
pg2 and pg 3 ---11-mar-2019-
EC from Jan 2018 to Mar 2019-
Section 3(1) Affidavit-
Joint Declaration cum Affidavit-
MUDA KHATHA TRANSFER LTR-
Silicon JDA-
consent for establishment-
Approved Layout Plan-
Section Plan-
MUDA Order Copy of Conversion-
Balance Sheet 2017 - 2018File: ITR Return FY 2017-18_2_Balance sheet FY 2017-18.pdf-
Balance Sheet 2016 - 2017File: Balancesheet FY 2016-17.pdf-
Balance Sheet 2015 - 2016File: 6.jpg-
Audited Profit and Loss Statement 2017 - 2018File: P & L Account FY 2017-18.pdf-
Audited Profit and Loss Statement 2016 - 2017File: P & L Account FY 2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 7.jpg-
Director's Report 2017 - 2018File: NOT APPILCABLE BLANK DOCUMENT.pdf-
Director's Report 2016 - 2017File: NOT APPILCABLE BLANK DOCUMENT.pdf-
Director's Report 2015 - 2016File: NOT APPILCABLE BLANK DOCUMENT.pdf-
Cash Flow Statement 2017 - 2018File: NOT APPILCABLE BLANK DOCUMENT.pdf-
Cash Flow Statement 2016 - 2017File: NOT APPILCABLE BLANK DOCUMENT.pdf-
Auditor's Report 2017 - 2018File: 3CB FY 2017-18.pdf-
Auditor's Report 2016 - 2017File: 3CB FY 2016-17.pdf-
Auditor's Report 2015 - 2016File: 18.jpg-
Income Tax Return Acknowledgement 2017 - 2018File: ITR Return FY 2017-18.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR Ack FY 2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 1.jpg-
Form B-
Tower Excel SheetFile: PRMKARERA1268378PR190913002855.xlsx-
Loan raised documentFile: Silicon Canara Bank discharge deed.pdf-
Stability CertificateFile: Stability Certificate.pdf-
Occupancy CertificateFile: KEB & Occupancy Certificate.pdf-
Consent for operation issued by KSPCBFile: Pollution Control board Silicon.PDF-
Certificate of operation for lifts issued by the Chief of Department of Electrical inspectorate Government of File: Lift Certificate.pdf-
Sanctioned Letter issued by concerned ESCOM of Power sanction and details of transformer installed and whetherFile: Electricity NOC Silicon.pdf-
Sanctioned letter issued by concerned water supply and sanitary board for the projectFile: Completion Report - SILICON.pdf-
Details of external infrastructure work such as drive way, play area, park, STP and water treatment plant, WheFile: Silicon Archiect Certificate_Closure.pdf-
Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: Silicon Declaration_Association of Allotees.pdf-
Architect certificate for having completed the work(in format no 5)File: Silicon Archiect Certificate_Closure.pdf-
Chartered Accountant certificate for having completed the work(in format no 4)File: Silicon CA Certificate_Closure Form CCqq.pdf-
Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: Silicon Engineer Certificate_Closure.pdf-
Electricity ApprovalFile: Electricity approval.PDF-
AffidavitFile: Silicon Affidavit Closure.pdf-
sale deedFile: Sale agreement Silicon_Prashanth 1.pdf-
completion ReportFile: Completion Report - SILICON.pdf-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one moved by 9 months
0%of Mysore registrations are shown as withdrawn or revokedthis one is not

Computed across the 700+ Mysore projects on ReraGenie, from their own filings.

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Builder: FOUNDATIONS DEVELOPERS & PROMOTERS

FOUNDATIONS DEVELOPERS & PROMOTERS has 5 registrations on RERA Karnataka, including FOUNDATIONS SIRII and Foundations Pearl. Its filings declare 9 earlier projects, 7 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 SILICON is delayed beyond 30 Jan 2022?

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 SILICON?

The registered promoter entity is FOUNDATIONS DEVELOPERS & PROMOTERS, 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 SILICON?

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 SILICON?

The professionals named in the filing: Architect: RAJGOPAL GOPINATH; 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 SILICON?

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; why the completion date was revised and what the new timeline depends on.

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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