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Valid until 31 Jul 2019 Residential/Group Housing project

AKSHARDEEP

By AKSHAR CONSTRUCTIONS

RG-GJ-21770 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00433/EX3/280519 · Last updated on GujRERA portal: 29 Jul 2019

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 3 extensions taken

Clear

  • Separate project account declared
Jul 2019Possession promisedmoved 12 months from the original
7 of 7Construction stages doneevery applicable stage filed complete
17 of 28Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

AKSHARDEEP is a Residential/Group Housing project by AKSHAR CONSTRUCTIONS in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00433/EX3/280519 on 13 Oct 2017. Possession is promised by 31 Jul 2019. The completion date has moved by 12 months from the original filing. 11 of the 28 units on this registration are recorded sold or booked, and 7 of 7 construction stages are filed complete.

At a glance

Project

  • NameAKSHARDEEP
  • TypeResidential/Group Housing
  • Location
    • 2-3 NUTAN GUJARAT SOCIETY
    • B/H. ST.XAVIERS SCHOOL
    • MEMNAGAR
    • Naranpura
    • Ahmedabad City
    • Ahmedabad
    • 380052
  • Pincode380052
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00433/EX3/280519
  • ReraGenie IDRG-GJ-21770

Builder

  • NameAKSHAR CONSTRUCTIONS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredOct 2017First promiseJul 2018Revised toJul 2019

Key facts

Registration and timeline

  • StatusValid until 31 Jul 2019
  • Registered on13 Oct 2017
  • Promised completion31 Jul 2019
  • Revised completionRevised to 31 Jul 2019 (originally 31 Jul 2018)
  • Buildings1 building record
  • Documents filed40 files

Current status

39%11 of 28 units booked
68.9%Of the estimated cost spent so far

Figures as on 29 Jul 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
akshardeep---28028

The full filing

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

Construction progress by building1

As on 29 Jul 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.

7 of 7 construction stages are filed complete.

akshardeep: 100% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
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 Jul 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 footpathsNoNot applicable
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
Landscaping and tree plantingYes100%
Street lightingNoNot applicable
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 area821 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 3.12 cr
Cost incurredRs 2.15 cr
Spent of the estimate68.93%
BuildingWingEstimatedIncurred
akshardeepNARs 3.12 crRs 2.15 cr

Extensions applied for3

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

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00433/EX1/020119Applied Oct 2018; approved Jan 2019
PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00433/EX2/180219Applied Feb 2019; approved Feb 2019
PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00433/EX3/280519Applied May 2019; approved May 2019

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/AHMEDABAD CITY/AUDA/RAA00433/EX3/280519 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Accountant's certificate (Form 3)29 Jul 2019
Architect's certificate (Form 1)26 Jul 2019
Engineer's certificate (Form 2)26 Jul 2019
Site photograph, akshardeep26 Jul 2019
Site photograph, akshardeep26 Jul 2019
Site photograph, akshardeep26 Jul 2019
Site photograph, akshardeep26 Jul 2019
RERA registration certificate13 Oct 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

39%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 12 months

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

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Other projects near Naranpura5,400+ in Ahmedabad

2 kmAKSHARDEEPOther 199Dot size: filed unitsN

Filed coordinates, straight-line distance. 199 registered projects within 2 km.

Builder: AKSHAR CONSTRUCTIONS

AKSHAR CONSTRUCTIONS has 1 registration on GujRERA, including AKSHARDEEP. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if AKSHARDEEP is delayed beyond 31 Jul 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 AKSHARDEEP?

The registered promoter entity is AKSHAR 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 AKSHARDEEP?

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.

What should I check before booking in AKSHARDEEP?

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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