ReraGenieLog inGet a buyer report

Home / Browse projects / Ahmedabad, Gujarat / Aashray Arise

Valid until 31 Dec 2019 Mixed Development project

Aashray Arise

By Aashray Constructions

RG-GJ-99616 · RERA PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/MAA00043/010917 · Last updated on GujRERA portal: 19 Mar 2019

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2019Possession promisedno revision filed
45 of 45Construction stages doneacross 5 buildings; every applicable stage filed complete
Jump to the 40 documents Report an error

Aashray Arise is a Mixed Development project by Aashray Constructions in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/MAA00043/010917 on 1 Sep 2017. Possession is promised by 31 Dec 2019.

At a glance

Project

  • NameAashray Arise
  • TypeMixed Development
  • Location
    • Survey N0. 678
    • Near Kaveri Sangam
    • Off SP ring road
    • Shilaj
    • Ahmedabad
    • Shilaj
    • Ahmedabad City
    • Ahmedabad
    • 380059
  • Pincode380059
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/MAA00043/010917
  • ReraGenie IDRG-GJ-99616

Builder

  • NameAashray Constructions
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredSep 2017PromisedDec 2019

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2019
  • Registered on1 Sep 2017
  • Promised completion31 Dec 2019
  • Revised completionNone
  • Buildings5 building records
  • Documents filed40 files

Current status

100.0%Of the estimated cost spent so far

Figures as on 19 Mar 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A-----37
B-----36
C-----35
D-----56
E-----56

The full filing

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

Construction progress by building5

As on 19 Mar 2019, 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.

45 of 45 construction stages are filed complete across 5 buildings.

A100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
B100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
C100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
D100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
E100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%

Progress on shared amenities19

As on 19 Mar 2019, 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 facilityProposedProgress
Internal roads and footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)NoNot applicable
Storm water drainsNoNot applicable
Landscaping and tree plantingYes100%
Street lightingYes100%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes100%
Letter boxYes100%

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 area5,692 sq m

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 30.00 cr
Cost incurredRs 30.00 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 6.00 crRs 6.00 cr
BNARs 6.00 crRs 6.00 cr
CNARs 6.00 crRs 6.00 cr
DNARs 6.00 crRs 6.00 cr
ENARs 6.00 crRs 6.00 cr

Certifying professionals and partners2

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

RoleName
Architect99 Studio
EngineerNaresh K Shah

Documents filed40

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/MAA00043/010917 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Architect's certificate (Form 1)19 Mar 2019
Engineer's certificate (Form 2)19 Mar 2019
Site photograph, A19 Mar 2019
Site photograph, B19 Mar 2019
Site photograph, C19 Mar 2019
Site photograph, D19 Mar 2019
Site photograph, E19 Mar 2019
RERA registration certificate1 Sep 2017
Proforma agreement for sale-
Auditor's report (1 of 3)-
Auditor's report (2 of 3)-
Auditor's report (3 of 3)-
Income tax return (1 of 3)-
Income tax return (2 of 3)-
Income tax return (3 of 3)-
Project specific document-
Directors' report (1 of 3)-
Directors' report (2 of 3)-
Directors' report (3 of 3)-
Commencement certificate-
Approved sanctioned plan-
Approved layout plan-
Agreement-
Land location-
Encumbrance certificate-
Area development document-
Proforma allotment letter-
Brochure-
Project related document-
Declaration in Form B-
Project photograph-
Audited balance sheet (1 of 3)-
Audited balance sheet (2 of 3)-
Audited balance sheet (3 of 3)-
Audited profit and loss statement (1 of 3)-
Audited profit and loss statement (2 of 3)-
Audited profit and loss statement (3 of 3)-
Cash flow statement (1 of 3)-
Cash flow statement (2 of 3)-
Cash flow statement (3 of 3)-

How this compares with Ahmedabad

14%of Ahmedabad projects moved their completion datethis one has not

Computed across the 5,400+ Ahmedabad projects on ReraGenie, from their own filings.

Keep Aashray Arise on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Shilaj5,400+ in Ahmedabad

2 kmAashray AriseOther 179Dot size: filed unitsN

Filed coordinates, straight-line distance. 179 registered projects within 2 km.

Builder: Aashray Constructions

Aashray Constructions has 2 registrations on GujRERA, including Aashray Arise and Aashray Atulyam. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if Aashray Arise is delayed beyond 31 Dec 2019?

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 GujRERA.

How do I verify and contact the developer of Aashray Arise?

The registered promoter entity is Aashray Constructions, a partnership firm as per the filing. 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 GujRERA listing and in its filed documents.

Is my payment protected in Aashray Arise?

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 Aashray Arise?

The professionals named in the filing: Architect: 99 Studio; Engineer: Naresh K Shah. 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 Aashray Arise?

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 GujRERA, and we read every report.

Report an error Share feedback

Report an error or share feedback

About Aashray Arise. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save Aashray Arise to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.