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Valid until 30 Jun 2022 Residential/Group Housing project

CLASSIC LAKE VIEW TOWER

By CLASSIC BUILD PROJECTS PRIVATE LIMITED

RG-GJ-79810 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00656/EX3/A1R/041021 · Last updated on GujRERA portal: 21 May 2022

Source: official GujRERA filing

Red flags

  • Completion date moved by 42 months
  • 3 extensions taken

Clear

  • Separate project account declared
Jun 2022Possession promisedmoved 42 months from the original
5 of 9Construction stages donefurthest along: Internal walls, 99%
27 of 57Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

CLASSIC LAKE VIEW TOWER is a Residential/Group Housing project by CLASSIC BUILD PROJECTS PRIVATE LIMITED in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00656/EX3/A1R/041021 on 9 Nov 2017. Possession is promised by 30 Jun 2022. The completion date has moved by 42 months from the original filing. 30 of the 57 units on this registration are recorded sold or booked, and 5 of 9 construction stages are filed complete.

At a glance

Project

  • NameCLASSIC LAKE VIEW TOWER
  • TypeResidential/Group Housing
  • Location
    • OPP. FOOTBALL GROUND
    • KANKARIA
    • Kankaria
    • Ahmedabad City
    • Ahmedabad
    • 380002
  • Pincode380002
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00656/EX3/A1R/041021
  • ReraGenie IDRG-GJ-79810

Builder

  • NameCLASSIC BUILD PROJECTS PRIVATE LIMITED
  • Entity typeCOMPANY
  • Other registrations3 more →

Key dates

this monthRegisteredNov 2017First promiseDec 2018Revised toJun 2022

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2022
  • Registered on9 Nov 2017
  • Promised completion30 Jun 2022
  • Revised completionRevised to 30 Jun 2022 (originally 31 Dec 2018)
  • Buildings1 building record
  • Documents filed38 files

Current status

53%30 of 57 units booked
84.8%Of the estimated cost spent so far

Figures as on 21 May 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Classic Lake View Tower---57057

The full filing

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

Construction progress by building1

As on 21 May 2022, 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.

5 of 9 construction stages are filed complete. The stage furthest along is Internal walls, at 99%.

Classic Lake View Tower: 98% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats99%
Sanitary fittings within the flats90%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks97%
External plumbing and external plaster, elevation, completion of terraces with waterproofing98%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%

Progress on shared amenities19

As on 21 May 2022, 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 footpathsYes95%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes90%
Storm water drainsYes90%
Landscaping and tree plantingYes50%
Street lightingYes95%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes70%
Energy managementYes100%
Fire protection and fire safety requirementsYes95%
Electrical meter room, sub-station, receiving stationYes85%
Fire fightingYes95%
Drinking water facilitiesYes0%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
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 area2,010 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 7.12 cr
Cost incurredRs 6.04 cr
Spent of the estimate84.82%
BuildingWingEstimatedIncurred
Classic Lake View TowerNARs 7.12 crRs 6.04 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/RAA00656/EX1/200219Applied Dec 2018; approved Feb 2019
PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00656/EX2/110220Applied Dec 2019; approved Feb 2020
PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00656/EX3/011021Applied Sep 2021; approved Oct 2021

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/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00656/EX3/A1R/041021 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)21 May 2022
Engineer's certificate (Form 2)21 May 2022
Engineer's certificate annexure21 May 2022
Accountant's certificate (Form 3)21 May 2022
Site photograph, Classic Lake View Tower21 May 2022
RERA registration certificate9 Nov 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

53%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 42 months

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

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Other projects near Kankaria5,400+ in Ahmedabad

2 kmCLASSIC LAKE VIEW TOWEROther 125Dot size: filed unitsN

Filed coordinates, straight-line distance. 125 registered projects within 2 km.

Builder: CLASSIC BUILD PROJECTS PRIVATE LIMITED

CLASSIC BUILD PROJECTS PRIVATE LIMITED has 4 registrations on GujRERA, including Classic Highland and CLASSIC LAKE VIEW TOWER. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if CLASSIC LAKE VIEW TOWER 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 CLASSIC LAKE VIEW TOWER?

The registered promoter entity is CLASSIC BUILD PROJECTS PRIVATE LIMITED, a company 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 CLASSIC LAKE VIEW TOWER?

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 CLASSIC LAKE VIEW TOWER?

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

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