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Valid until 31 Dec 2021 Mixed Development project

aastha avenue

By niyati associates

RG-GJ-50940 · RERA PR/GJ/VALSAD/PARDI/Others/MAA00846/EX3/110821 · Last updated on GujRERA portal: 18 Apr 2023

Source: official GujRERA filing

Red flags

  • Completion date moved by 36 months
  • 3 extensions taken

Clear

  • Separate project account declared
Dec 2021Possession promisedmoved 36 months from the original
9 of 9Construction stages doneevery applicable stage filed complete
11 of 40Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

aastha avenue is a Mixed Development project by niyati associates in Valsad, Gujarat, registered with GujRERA as PR/GJ/VALSAD/PARDI/Others/MAA00846/EX3/110821 on 28 Nov 2017. Possession is promised by 31 Dec 2021. The completion date has moved by 36 months from the original filing. 29 of the 40 units on this registration are recorded sold or booked, and 9 of 9 construction stages are filed complete.

At a glance

Project

  • Nameaastha avenue
  • TypeMixed Development
  • Location
    • old petrol pump road
    • near taluka panchayat office
    • umbergaon (town)
    • Umbergam
    • Pardi
    • Valsad
    • 396170
  • Pincode396170
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VALSAD/PARDI/Others/MAA00846/EX3/110821
  • ReraGenie IDRG-GJ-50940

Builder

  • Nameniyati associates
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredNov 2017First promiseDec 2018Revised toDec 2021

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2021
  • Registered on28 Nov 2017
  • Promised completion31 Dec 2021
  • Revised completionRevised to 31 Dec 2021 (originally 31 Dec 2018)
  • Buildings1 building record
  • Documents filed42 files

Current status

72%29 of 40 units booked
100.0%Of the estimated cost spent so far

Figures as on 18 Apr 2023, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Aashtha Avenue---36440

The full filing

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

Construction progress by building1

As on 18 Apr 2023, 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.

9 of 9 construction stages are filed complete.

Aashtha Avenue: 100% average across the applicable activities

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 18 Apr 2023, 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 footpathsNoNot applicable
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes100%
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 managementYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
Letter boxNoNot applicable

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 area621 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 2.25 cr
Cost incurredRs 2.25 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
Aashtha AvenueNARs 2.25 crRs 2.25 cr

Certifying professionals and partners2

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

RoleName
Architectkalpesh m patel
Engineerkalpesh m patel

Extensions applied for3

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

PR/GJ/VALSAD/PARDI/Others/MAA00846/EX1/200219Applied Dec 2018; approved Feb 2019
PR/GJ/VALSAD/PARDI/Others/MAA00846/EX2/050920Applied Aug 2020; approved Sep 2020
PR/GJ/VALSAD/PARDI/Others/MAA00846/EX3/110821Applied Aug 2021; approved Aug 2021

Documents filed42

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/VALSAD/PARDI/Others/MAA00846/EX3/110821 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)18 Apr 2023
Engineer's certificate (Form 2)18 Apr 2023
Engineer's certificate annexure18 Apr 2023
Accountant's certificate (Form 3)18 Apr 2023
Site photograph, Aashtha Avenue18 Apr 2023
Site photograph, Aashtha Avenue18 Apr 2023
Site photograph, Aashtha Avenue18 Apr 2023
Site photograph, Aashtha Avenue18 Apr 2023
Site photograph, Aashtha Avenue18 Apr 2023
RERA registration certificate28 Nov 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 Valsad

72%of this project is bookeddistrict median 45%
23%of Valsad projects moved their completion datethis one moved by 36 months

Computed across the 390+ Valsad projects on ReraGenie, from their own filings.

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Other projects near Umbergam390+ in Valsad

2 kmaastha avenueOther 25Dot size: filed unitsN

Filed coordinates, straight-line distance. 25 registered projects within 2 km.

Builder: niyati associates

niyati associates has 1 registration on GujRERA, including aastha avenue. Read the full track record. See more projects on the Valsad district page.

Frequently asked questions

What are my rights if aastha avenue is delayed beyond 31 Dec 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 GujRERA.

How do I verify and contact the developer of aastha avenue?

The registered promoter entity is niyati associates, 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 aastha avenue?

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 aastha avenue?

The professionals named in the filing: Architect: kalpesh m patel; Engineer: kalpesh m patel. 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 aastha avenue?

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 GujRERA, and we read every report.

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