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Valid until 31 Mar 2021 Residential/Group Housing project

AKSHAR PLAZA

By AKSHAR PLAZA

RG-GJ-47943 · RERA PR/GJ/VADODARA/VADODARA/Others/RAA03222/EX1/121120 · Last updated on GujRERA portal: 29 Jan 2021

Source: official GujRERA filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • Separate project account declared
Mar 2021Possession promisedmoved 6 months from the original
9 of 9Construction stages doneevery applicable stage filed complete
4 of 37Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

AKSHAR PLAZA is a Residential/Group Housing project by AKSHAR PLAZA in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/RAA03222/EX1/121120 on 23 Jul 2018. Possession is promised by 31 Mar 2021. The completion date has moved by 6 months from the original filing. 33 of the 37 units on this registration are recorded sold or booked, and 9 of 9 construction stages are filed complete.

At a glance

Project

  • NameAKSHAR PLAZA
  • TypeResidential/Group Housing
  • Location
    • AKSHAR PLAZA B/S. NILKANTH RESIDENCY
    • NEAR VICENZA 51
    • ATLADARA BILL RAOD
    • ATLADARA
    • VADODARA
    • Atladara
    • Vadodara
    • 390012
  • Pincode390012
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/RAA03222/EX1/121120
  • ReraGenie IDRG-GJ-47943

Builder

  • NameAKSHAR PLAZA
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredJul 2018First promiseSep 2020Revised toMar 2021

Key facts

Registration and timeline

  • StatusValid until 31 Mar 2021
  • Registered on23 Jul 2018
  • Promised completion31 Mar 2021
  • Revised completionRevised to 31 Mar 2021 (originally 30 Sep 2020)
  • Buildings1 building record
  • Documents filed38 files

Current status

89%33 of 37 units booked
100.0%Of the estimated cost spent so far

Figures as on 29 Jan 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TOWER-A---37037

The full filing

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

Construction progress by building1

As on 29 Jan 2021, 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.

TOWER-A: 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 29 Jan 2021, 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 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 managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
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 area730 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 99.48 lakh
Cost incurredRs 99.48 lakh
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
TOWER-ANARs 99.48 lakhRs 99.48 lakh

Certifying professionals and partners2

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

RoleName
ArchitectDESIGN STUDIO
EngineerAASHUTOSH A DESAI

Extensions applied for1

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

PR/GJ/VADODARA/VADODARA/Others/RAA03222/EX1/121120Applied Sep 2020; approved Nov 2020

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/VADODARA/VADODARA/Others/RAA03222/EX1/121120 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)29 Jan 2021
Engineer's certificate (Form 2)29 Jan 2021
Engineer's certificate annexure29 Jan 2021
Accountant's certificate (Form 3)29 Jan 2021
Site photograph, TOWER-A29 Jan 2021
RERA registration certificate23 Jul 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 Vadodara

89%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one moved by 6 months

Computed across the 2,900+ Vadodara projects on ReraGenie, from their own filings.

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Other projects near Atladara2,900+ in Vadodara

2 kmAKSHAR PLAZAOther 247Dot size: filed unitsN

Filed coordinates, straight-line distance. 247 registered projects within 2 km.

Builder: AKSHAR PLAZA

AKSHAR PLAZA has 1 registration on GujRERA, including AKSHAR PLAZA. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if AKSHAR PLAZA is delayed beyond 31 Mar 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 AKSHAR PLAZA?

The registered promoter entity is AKSHAR PLAZA, 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 PLAZA?

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 PLAZA?

The professionals named in the filing: Architect: DESIGN STUDIO; Engineer: AASHUTOSH A DESAI. 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 PLAZA?

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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