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Registration approved Plotted Development project

Silicon Echo City 1

By ESS AND ESS ECHO VALLEEY INC

RG-KA-55205 · RERA PRM/KA/RERA/1268/378/PR/201215/003749 · Last updated on RERA Karnataka portal: 3 Dec 2020

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
Nov 2022Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 76 documents Report an error

Silicon Echo City 1 is a Plotted Development project by ESS AND ESS ECHO VALLEEY INC in Mysore, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1268/378/PR/201215/003749 on 15 Dec 2020. Possession is promised by 14 Nov 2022.

At a glance

Project

  • NameSilicon Echo City 1
  • TypePlotted Development
  • Location
    • MYSORE
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1268/378/PR/201215/003749
  • ReraGenie IDRG-KA-55205

Builder

  • NameESS AND ESS ECHO VALLEEY INC
  • Entity typePartnership Firm
  • Authorized SignatoryShreekaanth Daas & Shreevathsaa

Key dates

this monthRegisteredDec 2020PromisedNov 2022

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on15 Dec 2020
  • Promised completion14 Nov 2022
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed76 files

The full filing

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

Land and ownership2

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

Land area20,437 sq m
Named landowners2
LandownerVillageDistrict
Ess & Ess Echo Valleey Inc--
Ess & Ess Infrastructure Pvt. Ltd.--

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 3.42 cr

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/201215/003749 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Development AgreementFile: Development Agreement.pdf3 Dec 2020
ECFile: 176-1.pdf3 Dec 2020
MOUFile: MOU.pdf3 Dec 2020
Partnership DeedFile: PARTNERSHIP DEED.pdf25 Nov 2020
ECFile: EC.pdf25 Nov 2020
Work Order-
Layout Plan-
Layout Plan-
Proforma of Sale deed Echo City-1-
Proforma of SALE AGREEMENT Echo City 1-
Sale Deed-
Layout Plan-
Layout Plan-
Brochure-
Project Specifications-
EC-
SECTION 3(1) SI-1-
AFFIDAVIT CUM DECLARATION SI-1-
RTC-
MOU SI-1-
Conversion Order-
Conversion Order-
Unnamed document-
Unnamed document-
Unnamed document-
Deed of Relinquishment-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
KSPCB NOC-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Unnamed document-
Layout Plan-
Layout Plan-
Change of Land Use-
Unnamed document-
Balance Sheet 2018 - 2019File: 1 Balance sheet 2018-19.pdf-
Balance Sheet 2017 - 2018File: 1 Balance sheet 2017-18.pdf-
Audited Profit and Loss Statement 2018 - 2019File: 2 Profit & Loss statement 2018-19.pdf-
Audited Profit and Loss Statement 2017 - 2018File: 2 Profit & Loss statement 2017-18.pdf-
Director's Report 2019 - 2020File: 3 Directors Report 2019-20.pdf-
Director's Report 2018 - 2019File: 3 Directors Report 2018-19.pdf-
Director's Report 2017 - 2018File: 3 Directors Report 2017-18.pdf-
Cash Flow Statement 2019 - 2020File: 4 Cash Flow Statement 2019-20.pdf-
Cash Flow Statement 2018 - 2019File: 4 Cash Flow Statement 2018-19.pdf-
Auditor's Report 2018 - 2019File: 5 Audit Report 2018-19.pdf-
Auditor's Report 2017 - 2018File: 5 Audit Report 2017-18.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: 6 Acknowledgement_2018-19.pdf-
Income Tax Return Acknowledgement 2017 - 2018File: 6 Acknowledgement_2017-18.pdf-
FORM B -SI-1-
Prospectus/BrochureFile: Prospectus Brochure.pdf-
Advertisement Copy 1File: Advertisement Copy.pdf-
Plot Excel SheetFile: SE-1 PRM_KA_RERA_1268_378_PR_201215_003749.xlsx-
Final plan technical sanction LetterFile: Technical Sanction Letter.pdf-
Final layout plan sanctionedFile: Approved Plan.jpg-
Completion CertificateFile: Completion Certificate.pdf-
Site release order Copies(1st,2nd phase and final release order)File: 100 % Release Order.jpg-
Relinquishment deed executed handed over detailsFile: Deed of Relinquishment.pdf-
Certificate issued by the Karnataka Urban Water supplyFile: KUWSDB NOC.pdf-
Certificate issued by the concerned power supply(ESCOM'S)File: CHESCOM NOC.pdf-
Certificate issued by KSPCB, consent for operation of STP plantFile: KSPCB NOC.pdf-
Chartered Accountant Certificate (Form-4)File: Certificate issued by Chartered Account Form 4.pdf-
Architect's Certificate (Form-5)File: Certificate Issued by Architect Form 5.pdf-
Engineer's Certificate (Form-6)File: Certificate Issued by Engineer Form 6.pdf-
Affidavit from Promoter for completing project as per advertisement published in brochure and as per project sFile: Affidavit.pdf-

How this compares with Mysore

28%of Mysore projects moved their completion datethis one has not
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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Other projects near Mysore700+ in Mysore

2 kmSilicon Echo City 1Other 17Dot size: filed unitsN

Filed coordinates, straight-line distance. 17 registered projects within 2 km.

Builder: ESS AND ESS ECHO VALLEEY INC

ESS AND ESS ECHO VALLEEY INC has 1 registration on RERA Karnataka, including Silicon Echo City 1. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Mysore district page.

Frequently asked questions

What are my rights if Silicon Echo City 1 is delayed beyond 14 Nov 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 Silicon Echo City 1?

The registered promoter entity is ESS AND ESS ECHO VALLEEY INC, 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 Silicon Echo City 1?

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.

What should I check before booking in Silicon Echo City 1?

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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