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Valid until 31 Dec 2019 Mixed Development project

AKSHAR PLATINIUM

By AKSHAR CORPORATION

RG-GJ-63073 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/MAA01416/240118 · Last updated on GujRERA portal: 10 May 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
25 of 27Construction stages doneacross 3 buildings; furthest along: Stilt Floor, 0%
19 of 19Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

AKSHAR PLATINIUM is a Mixed Development project by AKSHAR CORPORATION in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/MAA01416/240118 on 24 Jan 2018. Possession is promised by 31 Dec 2019. 0 of the 19 units on this registration are recorded sold or booked, and 25 of 27 construction stages are filed complete.

At a glance

Project

  • NameAKSHAR PLATINIUM
  • TypeMixed Development
  • Location
    • AKSHAR PLLATINIUM
    • OPP SPARS 50
    • S P RING ROAD NANA CHILODA
    • Nana Chiloda(Naroda)
    • Gandhinagar
    • 382330
  • Pincode382330
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/MAA01416/240118
  • ReraGenie IDRG-GJ-63073

Builder

  • NameAKSHAR CORPORATION
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →
  • Past their filed date2

Key dates

this monthRegisteredJan 2018PromisedDec 2019

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2019
  • Registered on24 Jan 2018
  • Promised completion31 Dec 2019
  • Revised completionNone
  • Buildings3 building records
  • Documents filed38 files

Current status

0%0 of 19 units booked
100.0%Of the estimated cost spent so far

Figures as on 10 May 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK B-----12
BLOCK C-----24
BLOCK A-----31

The full filing

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

Construction progress by building3

As on 10 May 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.

25 of 27 construction stages are filed complete across 3 buildings. The stage furthest along is Stilt Floor, at 0%.

BLOCK B89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
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%
BLOCK C89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
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%
BLOCK 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%

Progress on shared amenities19

As on 10 May 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)Yes100%
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 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 area2,794 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 5.13 cr
Cost incurredRs 5.13 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
BLOCK ANARs 1.71 crRs 1.71 cr
BLOCK BNARs 1.71 crRs 1.71 cr
BLOCK CNARs 1.71 crRs 1.71 cr

Certifying professionals and partners1

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

RoleName
EngineerHIMANSHU PATEL

Documents filed38

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/AUDA/MAA01416/240118 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)10 May 2019
Engineer's certificate (Form 2)10 May 2019
Site photograph, BLOCK B10 May 2019
Site photograph, BLOCK C10 May 2019
Site photograph, BLOCK A10 May 2019
RERA registration certificate24 Jan 2018
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 Gandhinagar

0%of this project is bookeddistrict median 53%
16%of Gandhinagar projects moved their completion datethis one has not

Computed across the 1,600+ Gandhinagar projects on ReraGenie, from their own filings.

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Other projects near Nana Chiloda(Naroda)1,600+ in Gandhinagar

2 kmAKSHAR PLATINIUMOther 79Dot size: filed unitsN

Filed coordinates, straight-line distance. 79 registered projects within 2 km.

Builder: AKSHAR CORPORATION

AKSHAR CORPORATION has 2 registrations on GujRERA, including AKSHAR PLATINIUM and SAHAJANAND SKY. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if AKSHAR PLATINIUM 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 AKSHAR PLATINIUM?

The registered promoter entity is AKSHAR CORPORATION, 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 AKSHAR PLATINIUM?

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 AKSHAR PLATINIUM?

The professionals named in the filing: Engineer: HIMANSHU 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 AKSHAR PLATINIUM?

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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