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Valid until 30 Sep 2022 Residential/Group Housing project

GOLDEN ICON

By VIJAYKUMAR SANMUKHDAS PANJWANI PROPRIETOR OF PANJWANI BUILDERS AND DEVELOPERS

RG-GJ-87209 · RERA PR/GJ/VADODARA/VADODARA/Others/RAA07936/EX1/160322 · Last updated on GujRERA portal: 31 Dec 2021

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2022Possession promisedmoved 12 months from the original
4 of 9Construction stages donefurthest along: Staircases, 90%
10 of 13Units unsoldnot recorded sold or booked
Jump to the 41 documents Report an error

GOLDEN ICON is a Residential/Group Housing project by VIJAYKUMAR SANMUKHDAS PANJWANI PROPRIETOR OF PANJWANI BUILDERS AND DEVELOPERS in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/RAA07936/EX1/160322 on 21 Jan 2021. Possession is promised by 30 Sep 2022. The completion date has moved by 12 months from the original filing. 3 of the 13 units on this registration are recorded sold or booked, and 4 of 9 construction stages are filed complete.

At a glance

Project

  • NameGOLDEN ICON
  • TypeResidential/Group Housing
  • Location
    • 49
    • Sindhu Park
    • B/h . Gurudwara
    • Warasiya
    • Vadodara
    • Gujarat-390006.
    • Vadodara
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/RAA07936/EX1/160322
  • ReraGenie IDRG-GJ-87209

Builder

  • NameVIJAYKUMAR SANMUKHDAS PANJWANI PROPRIETOR OF PANJWANI BUILDERS AND DEVELOPERS
  • Entity typeIndividual/Propritorship

Key dates

this monthRegisteredJan 2021First promiseSep 2021Revised toSep 2022

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2022
  • Registered on21 Jan 2021
  • Promised completion30 Sep 2022
  • Revised completionRevised to 30 Sep 2022 (originally 30 Sep 2021)
  • Buildings1 building record
  • Documents filed41 files

Current status

23%3 of 13 units booked
53.5%Of the estimated cost spent so far

Figures as on 31 Dec 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---13013

The full filing

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

Construction progress by building1

As on 31 Dec 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.

4 of 9 construction stages are filed complete. The stage furthest along is Staircases, at 90%.

A: 80% 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 flats80%
Sanitary fittings within the flats50%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks90%
External plumbing and external plaster, elevation, completion of terraces with waterproofing75%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing25%

Progress on shared amenities19

As on 31 Dec 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 footpathsNoNot applicable
Water supplyYes75%
Sewerage (chamber, lines, septic tank, STP)Yes50%
Storm water drainsNoNot applicable
Landscaping and tree plantingNoNot applicable
Street lightingYes0%
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 stationYes0%
Fire fightingYes0%
Drinking water facilitiesYes0%
Emergency evacuationYes0%
Use of renewable energyYes0%
SecurityYes0%
Letter boxYes0%

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 area410 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 1.88 cr
Cost incurredRs 1.00 cr
Spent of the estimate53.46%
BuildingWingEstimatedIncurred
ANARs 1.88 crRs 1.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectMAHESH RATHOD
EngineerMAYUR B PATEL

Extensions applied for1

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

PR/GJ/VADODARA/VADODARA/Others/RAA07936/EX1/160322Applied Dec 2021; approved Mar 2022

Documents filed41

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/RAA07936/EX1/160322 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Accountant's certificate (Form 3)31 Dec 2021
Architect's certificate (Form 1)28 Dec 2021
Site photograph, A28 Dec 2021
RERA registration certificate21 Jan 2021
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-
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)-
Engineer's certificate (Form 2)-
Engineer's certificate annexure-

How this compares with Vadodara

23%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one moved by 12 months

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 kmGOLDEN ICONOther 86Dot size: filed unitsN

Filed coordinates, straight-line distance. 86 registered projects within 2 km.

Builder: VIJAYKUMAR SANMUKHDAS PANJWANI PROPRIETOR OF PANJWANI BUILDERS AND DEVELOPERS

VIJAYKUMAR SANMUKHDAS PANJWANI PROPRIETOR OF PANJWANI BUILDERS AND DEVELOPERS has 1 registration on GujRERA, including GOLDEN ICON. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if GOLDEN ICON is delayed beyond 30 Sep 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 GOLDEN ICON?

The registered promoter entity is VIJAYKUMAR SANMUKHDAS PANJWANI PROPRIETOR OF PANJWANI BUILDERS AND DEVELOPERS, an individual/propritorship 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 GOLDEN ICON?

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 GOLDEN ICON?

The professionals named in the filing: Architect: MAHESH RATHOD; Engineer: MAYUR B PATEL. 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 GOLDEN ICON?

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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