ReraGenieLog inGet a buyer report

Home / Browse projects / Rajkot, Gujarat / BALAJI PALACE

Valid until 31 Dec 2020 Mixed Development project

BALAJI PALACE

By SUKHNATH DEVELOPERS

RG-GJ-31306 · RERA PR/GJ/RAJKOT/LODHIKA/Others/MAA04606/EX1/110320 · Last updated on GujRERA portal: 4 Sep 2020

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Dec 2020Possession promisedmoved 12 months from the original
7 of 7Construction stages doneevery applicable stage filed complete
0 of 31Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

BALAJI PALACE is a Mixed Development project by SUKHNATH DEVELOPERS in Rajkot, Gujarat, registered with GujRERA as PR/GJ/RAJKOT/LODHIKA/Others/MAA04606/EX1/110320 on 5 Jan 2019. Possession is promised by 31 Dec 2020. The completion date has moved by 12 months from the original filing. 31 of the 31 units on this registration are recorded sold or booked, and 7 of 7 construction stages are filed complete.

At a glance

Project

  • NameBALAJI PALACE
  • TypeMixed Development
  • Location
    • VRAJ BHUMI
    • PLOT NO 10 AND 11
    • SURVEY NO 33/P/1
    • OPP KISHAN PETROL PUMP GONDAL HIGHWAY
    • KANGASIYALI
    • Kangashiyali
    • Lodhika
    • Rajkot
    • 360004
  • Pincode360004
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/RAJKOT/LODHIKA/Others/MAA04606/EX1/110320
  • ReraGenie IDRG-GJ-31306

Builder

  • NameSUKHNATH DEVELOPERS
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredJan 2019First promiseDec 2019Revised toDec 2020

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2020
  • Registered on5 Jan 2019
  • Promised completion31 Dec 2020
  • Revised completionRevised to 31 Dec 2020 (originally 31 Dec 2019)
  • Buildings1 building record
  • Documents filed38 files

Current status

100%31 of 31 units booked
100.0%Of the estimated cost spent so far

Figures as on 4 Sep 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BALAJI PALACE---23831

The full filing

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

Construction progress by building1

As on 4 Sep 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.

7 of 7 construction stages are filed complete.

BALAJI PALACE: 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 4 Sep 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 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 harvestingNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesYes100%
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 area723 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 1.42 cr
Cost incurredRs 1.42 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
BALAJI PALACENARs 1.42 crRs 1.42 cr

Extensions applied for1

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

PR/GJ/RAJKOT/LODHIKA/Others/MAA04606/EX1/110320Applied Feb 2020; approved Mar 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/RAJKOT/LODHIKA/Others/MAA04606/EX1/110320 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)4 Sep 2020
Engineer's certificate (Form 2)4 Sep 2020
Engineer's certificate annexure4 Sep 2020
Accountant's certificate (Form 3)4 Sep 2020
Site photograph, BALAJI PALACE4 Sep 2020
RERA registration certificate5 Jan 2019
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 Rajkot

100%of this project is bookeddistrict median 56%
13%of Rajkot projects moved their completion datethis one moved by 12 months

Computed across the 1,800+ Rajkot projects on ReraGenie, from their own filings.

Keep BALAJI PALACE on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Kangashiyali1,800+ in Rajkot

2 kmBALAJI PALACEOther 404Dot size: filed unitsN

Filed coordinates, straight-line distance. 404 registered projects within 2 km.

Builder: SUKHNATH DEVELOPERS

SUKHNATH DEVELOPERS has 2 registrations on GujRERA, including BALAJI PALACE and GOLDEN PLAZA. Read the full track record. See more projects on the Rajkot district page.

Frequently asked questions

What are my rights if BALAJI PALACE is delayed beyond 31 Dec 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 BALAJI PALACE?

The registered promoter entity is SUKHNATH DEVELOPERS, 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 BALAJI PALACE?

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 BALAJI PALACE?

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.

Report an error Share feedback

Report an error or share feedback

About BALAJI PALACE. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save BALAJI PALACE to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.