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AISHVARYAM
RG-GJ-34748 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/Gandhinagar Urban Development Authority/MAA14126/110924/310328 · Last updated on GujRERA portal: 11 Sep 2024
Source: official GujRERA filing
Red flags
- No red flags in this filing
Clear
- Completion date never moved
Saved.
AISHVARYAM is a Mixed Development project by MADHAV REALTY in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/Gandhinagar Urban Development Authority/MAA14126/110924/310328 on 11 Sep 2024. Possession is promised by 31 Jul 2028. 14 of the 155 units on this registration are recorded sold or booked, and 2 of 9 construction stages are filed complete.
At a glance
Project
- NameAISHVARYAM
- TypeMixed Development
- Location
- MADHAVNAGAR
- TARAPUR
- TARAPUR
- Gandhinagar
- 382421
- Pincode382421
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/Gandhinagar Urban Development Authority/MAA14126/110924/310328
- ReraGenie IDRG-GJ-34748
Builder
- NameMADHAV REALTY
- Entity typePARTNERSHIP FIRM
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusValid until 31 Jul 2028
- Registered on11 Sep 2024
- Promised completion31 Jul 2028
- Revised completionNone
- Buildings1 building record
- Documents filed28 files
Current status
Figures as on 11 Sep 2024, this project's latest GujRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A+B+C+D | - | - | - | 132 | 23 | 155 |
The full filing
Everything below is from the project's own GujRERA filing, free to read.
Construction progress by building1
As on 11 Sep 2024, 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.
2 of 9 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 90%.
A+B+C+D: 36% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 13% |
| Slabs of Super Structure | 90% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 17% |
| Sanitary fittings within the flats | 0% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 8% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 0% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 0% |
Progress on shared amenities23
As on 11 Sep 2024, 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 facility | Proposed | Progress |
|---|---|---|
| Internal roads and footpaths | Yes | 0% |
| Water supply | Yes | 0% |
| Sewerage (chamber, lines, septic tank, STP) | Yes | 0% |
| Storm water drains | Yes | 0% |
| Landscaping and tree planting | Yes | 0% |
| Street lighting | Yes | 0% |
| Community buildings | No | Not applicable |
| Treatment and disposal of sewage and sullage water | Yes | 0% |
| Solid waste management and disposal | Yes | 0% |
| Water conservation, rain water harvesting | Yes | 0% |
| Energy management | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Fire fighting | Yes | 0% |
| Drinking water facilities | Yes | 0% |
| Emergency evacuation | No | Not applicable |
| Use of renewable energy | Yes | 0% |
| Security | Yes | 0% |
| Letter box | Yes | 0% |
| Compound wall | Yes | 0% |
| Plinth protection | Yes | 0% |
| Water tank | Yes | 0% |
| Other requirements | Yes | 0% |
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.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| A+B+C+D | NA | Rs 59.50 cr | Rs 4.80 cr |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Amiben Rajeshbhai Patel |
| Engineer | CHIRAG RAMESHBHAI PATEL |
Documents filed28
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/GANDHINAGAR/GANDHINAGAR/Gandhinagar Urban Development Authority/MAA14126/110924/310328 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| RERA registration certificate | 11 Sep 2024 |
| Engineer's certificate (Form 2) | 5 Sep 2024 |
| Engineer's certificate annexure | 5 Sep 2024 |
| Proforma agreement for sale | - |
| Auditor's report (3 of 3) | - |
| Income tax return (3 of 3) | - |
| Project specific document | - |
| Drainage affidavit | - |
| Directors' report (3 of 3) | - |
| Approved sanctioned plan | - |
| Approved layout plan | - |
| Land location | - |
| Encumbrance certificate | - |
| Area development document | - |
| Proforma allotment letter | - |
| Brochure | - |
| Declaration in Form B | - |
| Approved building or plotting plan | - |
| NOCs from authorities | - |
| Title clearance certificate | - |
| Title report | - |
| Property card | - |
| Statutory document | - |
| Project photograph | - |
| Proforma sale deed | - |
| Audited balance sheet (3 of 3) | - |
| Audited profit and loss statement (3 of 3) | - |
| Cash flow statement (3 of 3) | - |
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How this compares with Gandhinagar
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See every Gandhinagar project, with the district possession charts
Builder: MADHAV REALTY
MADHAV REALTY has 2 registrations on GujRERA, including MADHAV SKYLINE and AISHVARYAM. Read the full track record. See more projects on the Gandhinagar district page.
Frequently asked questions
What are my rights if AISHVARYAM is delayed beyond 31 Jul 2028?
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 AISHVARYAM?
The registered promoter entity is MADHAV REALTY, 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 AISHVARYAM?
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 AISHVARYAM?
The professionals named in the filing: Architect: Amiben Rajeshbhai Patel; Engineer: CHIRAG RAMESHBHAI 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 AISHVARYAM?
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.
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