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Valid until 31 Mar 2026 Mixed Development project

FESTIVAL O2

By VANSH DEVELOPER

RG-GJ-88308 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA11722/060523 · Last updated on GujRERA portal: 5 Jul 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Mar 2026Possession promisedno revision filed
48 of 54Construction stages doneacross 6 buildings; furthest along: External plumbing and external plaster, 20%
45 of 293Units unsoldnot recorded sold or booked
Jump to the 36 documents Report an error

FESTIVAL O2 is a Mixed Development project by VANSH DEVELOPER in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA11722/060523 on 6 May 2023. Possession is promised by 31 Mar 2026. 248 of the 293 units on this registration are recorded sold or booked, and 48 of 54 construction stages are filed complete.

At a glance

Project

  • NameFESTIVAL O2
  • TypeMixed Development
  • Location
    • Festival O2
    • Next To Oxygen Park
    • Nr. Vrundavan Bungalows
    • Gota
    • Ahmedabad
    • Ahmedabad City
    • Ahmedabad
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA11722/060523
  • ReraGenie IDRG-GJ-88308

Builder

  • NameVANSH DEVELOPER
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredMay 2023PromisedMar 2026

Key facts

Registration and timeline

  • StatusValid until 31 Mar 2026
  • Registered on6 May 2023
  • Promised completion31 Mar 2026
  • Revised completionNone
  • Buildings6 building records
  • Documents filed36 files

Current status

85%248 of 293 units booked
57.9%Of the estimated cost spent so far

Figures as on 5 Jul 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---51657
C---51051
B---51657
E---51051
D---26026
F---51051

The full filing

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

Construction progress by building6

As on 5 Jul 2024, 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.

48 of 54 construction stages are filed complete across 6 buildings. The stage furthest along is External plumbing and external plaster, at 20%.

A91%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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 waterproofing20%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
C91%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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 waterproofing15%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
B91%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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 waterproofing15%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
E91%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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 waterproofing20%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
D91%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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 waterproofing20%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
F91%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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 waterproofing15%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%

Progress on shared amenities23

As on 5 Jul 2024, 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 footpathsYes30%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes50%
Landscaping and tree plantingYes0%
Street lightingYes0%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterYes0%
Solid waste management and disposalYes0%
Water conservation, rain water harvestingYes0%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes0%
Letter boxYes0%
Compound wallYes100%
Plinth protectionYes0%
Water tankYes100%
Other requirementsYes0%

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 area8,320 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 accountNot declared
Estimated costRs 67.50 cr
Cost incurredRs 39.05 cr
Spent of the estimate57.85%
BuildingWingEstimatedIncurred
ANARs 12.85 crRs 8.45 cr
BNARs 12.85 crRs 5.27 cr
CNARs 12.10 crRs 7.77 cr
ENARs 12.10 crRs 7.77 cr
FNARs 12.10 crRs 6.32 cr
DNARs 5.50 crRs 3.47 cr

Certifying professionals and partners2

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

RoleName
ArchitectDevang B. Vaghela
EngineerR.G Upadhyay

Documents filed36

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/MAA11722/060523 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Engineer's certificate (Form 2)5 Jul 2024
Engineer's certificate annexure5 Jul 2024
RERA registration certificate6 May 2023
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-
Brochure-
Project related document-
Declaration in Form B-
Title clearance certificate-
Title report-
Property card-
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

85%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one has not

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

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Other projects near Ahmedabad5,400+ in Ahmedabad

2 kmFESTIVAL O2Other 143Dot size: filed unitsN

Filed coordinates, straight-line distance. 143 registered projects within 2 km.

Builder: VANSH DEVELOPER

VANSH DEVELOPER has 1 registration on GujRERA, including FESTIVAL O2. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if FESTIVAL O2 is delayed beyond 31 Mar 2026?

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 FESTIVAL O2?

The registered promoter entity is VANSH DEVELOPER, 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 FESTIVAL O2?

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 FESTIVAL O2?

The professionals named in the filing: Architect: Devang B. Vaghela; Engineer: R.G Upadhyay. 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 FESTIVAL O2?

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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