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Valid until 30 Jun 2021 Commercial project

Aura Square

By ASHTAVINAYAK REALTY

RG-GJ-65905 · RERA PR/GJ/VADODARA/VADODARA/Others/CAA03809/EX1/180221 · Last updated on GujRERA portal: 7 Jun 2021

Source: official GujRERA filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • Separate project account declared
Jun 2021Possession promisedmoved 9 months from the original
8 of 8Construction stages doneevery applicable stage filed complete
122 of 198Units unsoldnot recorded sold or booked
Jump to the 37 documents Report an error

Aura Square is a Commercial project by ASHTAVINAYAK REALTY in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/CAA03809/EX1/180221 on 24 Oct 2018. Possession is promised by 30 Jun 2021. The completion date has moved by 9 months from the original filing. 76 of the 198 units on this registration are recorded sold or booked, and 8 of 8 construction stages are filed complete.

At a glance

Project

  • NameAura Square
  • TypeCommercial
  • Location
    • 37 Suvarna Rekha Soc.
    • Nr. Mehsana Nagar Nizampura
    • Gorva
    • Vadodara
    • 390016
  • Pincode390016
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/CAA03809/EX1/180221
  • ReraGenie IDRG-GJ-65905

Builder

  • NameASHTAVINAYAK REALTY
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredOct 2018First promiseSep 2020Revised toJun 2021

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2021
  • Registered on24 Oct 2018
  • Promised completion30 Jun 2021
  • Revised completionRevised to 30 Jun 2021 (originally 30 Sep 2020)
  • Buildings1 building record
  • Documents filed37 files

Current status

38%76 of 198 units booked
72.6%Of the estimated cost spent so far

Figures as on 7 Jun 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
1---0198198

The full filing

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

Construction progress by building1

As on 7 Jun 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.

8 of 8 construction stages are filed complete.

1: 100% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
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 7 Jun 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 plantingNoNot applicable
Street lightingNoNot applicable
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterYes100%
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
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 area4,750 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 11.25 cr
Cost incurredRs 8.16 cr
Spent of the estimate72.56%
BuildingWingEstimatedIncurred
1NARs 11.25 crRs 8.16 cr

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/CAA03809/EX1/180221Applied Dec 2020; approved Feb 2021

Documents filed37

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/CAA03809/EX1/180221 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)7 Jun 2021
Engineer's certificate (Form 2)7 Jun 2021
Engineer's certificate annexure7 Jun 2021
Accountant's certificate (Form 3)7 Jun 2021
Site photograph, 17 Jun 2021
RERA registration certificate24 Oct 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-
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

38%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one moved by 9 months

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

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Other projects near Gorva ,2,900+ in Vadodara

2 kmAura SquareOther 111Dot size: filed unitsN

Filed coordinates, straight-line distance. 111 registered projects within 2 km.

Builder: ASHTAVINAYAK REALTY

ASHTAVINAYAK REALTY has 1 registration on GujRERA, including Aura Square. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if Aura Square is delayed beyond 30 Jun 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 Aura Square?

The registered promoter entity is ASHTAVINAYAK 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 Aura Square?

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 Aura Square?

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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