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Valid until 30 Sep 2020 Residential/Group Housing project

ALOK RESIDENCY

By VINAYAK CORPORATION

RG-GJ-21075 · RERA PR/GJ/SURAT/SURAT CITY/SUDA/RAA02943/EX1/151119 · Last updated on GujRERA portal: 6 Oct 2020

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2020Possession promisedmoved 12 months from the original
11 of 11Construction stages doneacross 2 buildings; every applicable stage filed complete
47 of 55Units unsoldnot recorded sold or booked
Jump to the 39 documents Report an error

ALOK RESIDENCY is a Residential/Group Housing project by VINAYAK CORPORATION in Surat, Gujarat, registered with GujRERA as PR/GJ/SURAT/SURAT CITY/SUDA/RAA02943/EX1/151119 on 19 Jun 2018. Possession is promised by 30 Sep 2020. The completion date has moved by 12 months from the original filing. 8 of the 55 units on this registration are recorded sold or booked, and 11 of 11 construction stages are filed complete.

At a glance

Project

  • NameALOK RESIDENCY
  • TypeResidential/Group Housing
  • Location
    • BLOCK NO 292-294
    • F.P. NO 147-148 T.P. 24
    • MOTA VARACHHA
    • Mota Varachha
    • Surat City
    • Surat
    • 394101
  • Pincode394101
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/SURAT/SURAT CITY/SUDA/RAA02943/EX1/151119
  • ReraGenie IDRG-GJ-21075

Builder

  • NameVINAYAK CORPORATION
  • Entity typePARTNERSHIP FIRM
  • Other registrations4 more →

Key dates

this monthRegisteredJun 2018First promiseSep 2019Revised toSep 2020

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2020
  • Registered on19 Jun 2018
  • Promised completion30 Sep 2020
  • Revised completionRevised to 30 Sep 2020 (originally 30 Sep 2019)
  • Buildings2 building records
  • Documents filed39 files

Current status

15%8 of 55 units booked
100.0%Of the estimated cost spent so far

Figures as on 6 Oct 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---33033
B---22022

The full filing

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

Construction progress by building2

As on 6 Oct 2020, 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.

11 of 11 construction stages are filed complete across 2 buildings.

A100%
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 tanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishingNot applicable
B100%
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 finishingNot applicable

Progress on shared amenities19

As on 6 Oct 2020, 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 requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes100%
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 area3,009 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 9.00 cr
Cost incurredRs 9.00 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 4.50 crRs 4.50 cr
BNARs 4.50 crRs 4.50 cr

Certifying professionals and partners2

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

RoleName
ArchitectRAMAN T PATEL
EngineerSURESH N PATEL

Extensions applied for1

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

PR/GJ/SURAT/SURAT CITY/SUDA/RAA02943/EX1/151119Applied Sep 2019; approved Nov 2019

Documents filed39

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/SURAT/SURAT CITY/SUDA/RAA02943/EX1/151119 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)6 Oct 2020
Engineer's certificate (Form 2)6 Oct 2020
Engineer's certificate annexure6 Oct 2020
Accountant's certificate (Form 3)6 Oct 2020
Site photograph, A6 Oct 2020
Site photograph, B6 Oct 2020
RERA registration certificate19 Jun 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 Surat

15%of this project is bookeddistrict median 39%
15%of Surat projects moved their completion datethis one moved by 12 months

Computed across the 2,600+ Surat projects on ReraGenie, from their own filings.

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Other projects near Mota Varachha2,600+ in Surat

2 kmALOK RESIDENCYOther 225Dot size: filed unitsN

Filed coordinates, straight-line distance. 225 registered projects within 2 km.

Builder: VINAYAK CORPORATION

VINAYAK CORPORATION has 5 registrations on GujRERA, including SPARSH COUNTY and SIDDHESHWAR HOMES - 2. Read the full track record. See more projects on the Surat district page.

Frequently asked questions

What are my rights if ALOK RESIDENCY is delayed beyond 30 Sep 2020?

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 ALOK RESIDENCY?

The registered promoter entity is VINAYAK 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 ALOK RESIDENCY?

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 ALOK RESIDENCY?

The professionals named in the filing: Architect: RAMAN T PATEL; Engineer: SURESH N 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 ALOK RESIDENCY?

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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