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Registration withdrawn Residential/Group Housing project

Sycon Toica

By Sycon Homes LLP

RG-KA-74217 · RERA PRM/KA/RERA/1251/308/PR/171208/002244

Source: official RERA Karnataka filing

Red flags

  • Registration withdrawn
  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jan 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 61 documents Report an error

Sycon Toica is a Residential/Group Housing project by Sycon Homes LLP in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/308/PR/171208/002244 on 8 Dec 2017. Possession is promised by 23 Jan 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameSycon Toica
  • TypeResidential/Group Housing
  • Location
    • Anekal
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/308/PR/171208/002244
  • ReraGenie IDRG-KA-74217

Builder

  • NameSycon Homes LLP
  • Entity typeCompany
  • Authorized SignatoryKumar Nadig

Key dates

this monthRegisteredDec 2017First promiseApr 2020Revised toJan 2021

Key facts

Registration and timeline

  • StatusRegistration withdrawn
  • Registered on8 Dec 2017
  • Promised completion23 Jan 2021
  • Revised completionRevised to 23 Jan 2021 (originally 23 Apr 2020)
  • Buildings3 building records
  • Documents filed61 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---41041
B---56056
C---55055

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)-
Plinth level BeamNot applicable
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 etcNot applicable
Plastering inside , outside & CeilingNot applicable
Joinery: Doors, Windows, Ventilators etcNot applicable
Basic work of Water supply, Sanitary and ElectrificationNot applicable
Dadoing, Skirting, Flooring, Tiles work (All types)Not applicable
Railing and Grill fixingNot applicable
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)Not applicable
PaintingNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawingsNot applicable

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 & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
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 area6,189 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 21.00 cr

Extensions applied for1

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

ExtensionApr 2020 → Jan 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed61

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/1251/308/PR/171208/002244 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Regn Cert - Troica.pdf-
SYCON LLP Commence Cert-
Sanction plan-
SYCON LLP approved layout plan-
Proforma for sale deed-
AGREEMENT OF SALE - Troica-
SYCON LLP SALE DEED-
AGREEMENT OF SALE - Troica-
Sanction plan-
TROICA ALLOTMENT LETTER-
Sycon Troica Broucher-
Sycon Troica Specifications-
Encu Cert - Troica-
Troica Katha-
Joint Development Agreement-
SYCON LLP Right Title Deed-
SYCON LLP CONVERSION ORDER-
SYCON LLP NOC KTCP-
SYCON LLP UTIZATION CERT-
SYCON LLP TRANSFER OF DEVELOPMENT-
SYCON LLP RELINQUISHMENT DEED 1-
NOCs-
Sycon LLP A A OF INDIA-
SYCON LLP BESCOM-
SYCON LLP BWSSB-
SYCON LLP NOC KSPCB-
SYCON LLP SEIAA-
SYCON LLP BSNL-
SYCON LLP NOC IN CASE OF BUILDING-
Unnamed document-
SYCON LLP URBAN CEILING-
SYCON LLP BMRCL-
SYCON LLP BU ARTS COMMISSION-
SYCON LLP RAILWAYS-
SYCON LLP Costal Regulation-
SYCON LLP Cert of Structural safety-
SYCON TROICA -SECTION Drawing-
Sycon LLP existing layout plan-
Sycon LLP Existing section plan and specs-
Change of Land Use-
Balance Sheet 2016 - 2017File: 2016-17.pdf-
Balance Sheet 2015 - 2016File: 2015-16.pdf-
Balance Sheet 2014 - 2015File: 2014-15.pdf-
Audited Profit and Loss Statement 2016 - 2017File: 2016-17.pdf-
Audited Profit and Loss Statement 2015 - 2016File: 2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: 2014-15.pdf-
Director's Report 2016 - 2017File: 2016-17.pdf-
Director's Report 2015 - 2016File: 2015-16.pdf-
Director's Report 2014 - 2015File: 2014-15.pdf-
Cash Flow Statement 2016 - 2017File: 2016-17.pdf-
Cash Flow Statement 2015 - 2016File: 2015-16.pdf-
Auditor's Report 2016 - 2017File: 2016-17.pdf-
Auditor's Report 2015 - 2016File: 2015-16.pdf-
Auditor's Report 2014 - 2015File: 2014-15.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: 2016-17.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: 2015-16.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: 2014-15.pdf-
Sycon LLP form B-
Prospectus/BrochureFile: Sycon Troica Broucher.pdf-
Advertisement Copy 1File: Sycon Troica Broucher.pdf-
Tower Excel SheetFile: PRM_KA_RERA_1251_308_PR_171208_002244.xls-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is among them

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: Sycon Homes LLP

Sycon Homes LLP has 1 registration on RERA Karnataka, including Sycon Toica. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What does it mean that Sycon Toica shows as registration withdrawn on RERA Karnataka?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the RERA Karnataka portal, and take legal advice before paying any further instalment.

What are my rights if Sycon Toica is delayed beyond 23 Jan 2021?

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 Sycon Toica?

The registered promoter entity is Sycon Homes LLP, a company 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 Sycon Toica?

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 Sycon Toica?

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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