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Valid until 30 Jun 2022 Residential/Group Housing project

BLUE OCEAN

By KRISHNA DEVELOPERS

RG-GJ-36279 · RERA PR/GJ/VADODARA/VADODARA/Others/RAA03815/241018 · Last updated on GujRERA portal: 1 Nov 2021

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Jun 2022Possession promisedno revision filed
16 of 16Construction stages doneacross 2 buildings; every applicable stage filed complete
14 of 79Units unsoldnot recorded sold or booked
Jump to the 39 documents Report an error

BLUE OCEAN is a Residential/Group Housing project by KRISHNA DEVELOPERS in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/RAA03815/241018 on 24 Oct 2018. Possession is promised by 30 Jun 2022. 65 of the 79 units on this registration are recorded sold or booked, and 16 of 16 construction stages are filed complete.

At a glance

Project

  • NameBLUE OCEAN
  • TypeResidential/Group Housing
  • Location
    • BLUE OCEAN
    • NEAR DHYAN RESIDENCY
    • BEHIND CYGNUS SCHOOL
    • MOTNATH ROAD
    • HARNI
    • Vadodara
    • 390022
  • Pincode390022
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/RAA03815/241018
  • ReraGenie IDRG-GJ-36279

Builder

  • NameKRISHNA DEVELOPERS
  • Entity typePARTNERSHIP FIRM
  • Other registrations29 more →

Key dates

this monthRegisteredOct 2018PromisedJun 2022

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2022
  • Registered on24 Oct 2018
  • Promised completion30 Jun 2022
  • Revised completionNone
  • Buildings2 building records
  • Documents filed39 files

Current status

82%65 of 79 units booked
99.4%Of the estimated cost spent so far

Figures as on 1 Nov 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TOWER C---31031
TOWER A+B---48048

The full filing

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

Construction progress by building2

As on 1 Nov 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.

16 of 16 construction stages are filed complete across 2 buildings.

TOWER C100%
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%
TOWER A+B100%
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 1 Nov 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 buildingsYes100%
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 facilitiesYes100%
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 area2,266 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 8.62 cr
Cost incurredRs 8.58 cr
Spent of the estimate99.43%
BuildingWingEstimatedIncurred
TOWER A+BNARs 4.31 crRs 4.29 cr
TOWER CNARs 4.31 crRs 4.29 cr

Certifying professionals and partners2

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

RoleName
ArchitectRUCHIR SHETH
EngineerZARNA ASSOCIATES

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/VADODARA/VADODARA/Others/RAA03815/241018 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)1 Nov 2021
Engineer's certificate (Form 2)1 Nov 2021
Engineer's certificate annexure1 Nov 2021
Accountant's certificate (Form 3)1 Nov 2021
Site photograph, TOWER C1 Nov 2021
Site photograph, TOWER A+B1 Nov 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-
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

82%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one has not

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

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Other projects near Vadodara2,900+ in Vadodara

2 kmBLUE OCEANOther 202Dot size: filed unitsN

Filed coordinates, straight-line distance. 202 registered projects within 2 km.

Builder: KRISHNA DEVELOPERS

KRISHNA DEVELOPERS has 30 registrations on GujRERA, including SHRIMAD AFFORD and THE KRISHNA CITY. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if BLUE OCEAN is delayed beyond 30 Jun 2022?

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 BLUE OCEAN?

The registered promoter entity is KRISHNA 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 BLUE OCEAN?

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 BLUE OCEAN?

The professionals named in the filing: Architect: RUCHIR SHETH; Engineer: ZARNA ASSOCIATES. 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 BLUE OCEAN?

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; whether construction progress keeps pace with sales in the coming quarters.

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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