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Valid until 31 Dec 2019 Commercial project

Colonnade II

By Aastha Enterprise

RG-GJ-19583 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA01294/A1C/EX1/150719 · Last updated on GujRERA portal: 7 Feb 2020

Source: official GujRERA filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • Separate project account declared
Dec 2019Possession promisedmoved 6 months from the original
8 of 8Construction stages doneevery applicable stage filed complete
32 of 110Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

Colonnade II is a Commercial project by Aastha Enterprise in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA01294/A1C/EX1/150719 on 12 Jan 2018. Possession is promised by 31 Dec 2019. The completion date has moved by 6 months from the original filing. 78 of the 110 units on this registration are recorded sold or booked, and 8 of 8 construction stages are filed complete.

At a glance

Project

  • NameColonnade II
  • TypeCommercial
  • Location
    • Colonnade II
    • Opp
    • Auda Garden
    • B/h. Maruti Celedrone
    • Nr. Rajpath club
    • Bodakdev
    • Ahmedabad
    • Bodakdev
    • Ahmedabad City
    • Ahmedabad
    • 380054
  • Pincode380054
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA01294/A1C/EX1/150719
  • ReraGenie IDRG-GJ-19583

Builder

  • NameAastha Enterprise
  • Entity typePARTNERSHIP FIRM
  • Other registrations3 more →

Key dates

this monthRegisteredJan 2018First promiseJun 2019Revised toDec 2019

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2019
  • Registered on12 Jan 2018
  • Promised completion31 Dec 2019
  • Revised completionRevised to 31 Dec 2019 (originally 30 Jun 2019)
  • Buildings1 building record
  • Documents filed38 files

Current status

71%78 of 110 units booked
118.8%Of the estimated cost spent so far

Figures as on 7 Feb 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Colonnade II---0110110

The full filing

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

Construction progress by building1

As on 7 Feb 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.

8 of 8 construction stages are filed complete.

Colonnade II: 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 Feb 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 area2,381 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 15.56 cr
Cost incurredRs 18.48 cr
Spent of the estimate118.75%
BuildingWingEstimatedIncurred
Colonnade IINARs 15.56 crRs 18.48 cr

Extensions applied for1

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

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA01294/A1C/EX1/150719Applied Jun 2019; approved Jul 2019

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/CAA01294/A1C/EX1/150719 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 Feb 2020
Engineer's certificate (Form 2)7 Feb 2020
Engineer's certificate annexure7 Feb 2020
Accountant's certificate (Form 3)7 Feb 2020
Site photograph, Colonnade II7 Feb 2020
Site photograph, Colonnade II7 Feb 2020
RERA registration certificate12 Jan 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 Ahmedabad

71%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 6 months

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

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Other projects near Bodakdev5,400+ in Ahmedabad

2 kmColonnade IIOther 162Dot size: filed unitsN

Filed coordinates, straight-line distance. 162 registered projects within 2 km.

Builder: Aastha Enterprise

AASTHA ENTERPRISE has 4 registrations on GujRERA, including SAVYA SKYZ and Colonnade II. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if Colonnade II is delayed beyond 31 Dec 2019?

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 Colonnade II?

The registered promoter entity is Aastha Enterprise, 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 Colonnade II?

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 Colonnade II?

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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