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Valid until 30 Apr 2028 Residential/Group Housing project

GRACEWOOD ELEGANCE

By SHREE BALAJI BUILDERS

RG-GJ-54405 · RERA PR/GJ/VADODARA/VADODARA/Vadodara Municipal Corporation/RN348AA10248/080523 · Last updated on GujRERA portal: 9 Oct 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Apr 2028Possession promisedno revision filed
23 of 90Construction stages doneacross 10 buildings; furthest along: Plinth, 90%
15 of 51Units unsoldnot recorded sold or booked
Jump to the 28 documents Report an error

GRACEWOOD ELEGANCE is a Residential/Group Housing project by SHREE BALAJI BUILDERS in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Vadodara Municipal Corporation/RN348AA10248/080523 on 8 May 2023. Possession is promised by 30 Apr 2028. 36 of the 51 units on this registration are recorded sold or booked, and 23 of 90 construction stages are filed complete.

At a glance

Project

  • NameGRACEWOOD ELEGANCE
  • TypeResidential/Group Housing
  • Location
    • Opp.Casa Lakeside
    • Bill-Chapad Road
    • Bill
    • BILL
    • Vadodara
    • 391410
  • Pincode391410
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Vadodara Municipal Corporation/RN348AA10248/080523
  • ReraGenie IDRG-GJ-54405

Builder

  • NameSHREE BALAJI BUILDERS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredMay 2023PromisedApr 2028

Key facts

Registration and timeline

  • StatusValid until 30 Apr 2028
  • Registered on8 May 2023
  • Promised completion30 Apr 2028
  • Revised completionNone
  • Buildings10 building records
  • Documents filed28 files

Current status

71%36 of 51 units booked
25.7%Of the estimated cost spent so far

Figures as on 9 Oct 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Type BM---12012
P38---101
Type C---101
Type CM---101
Type D---101
Type DM---101
P 12---101
Type A---12012
Type AM---10010
Type B---11011

The full filing

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

Construction progress by building10

As on 9 Oct 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.

23 of 90 construction stages are filed complete across 10 buildings. The stage furthest along is Plinth, at 90%.

Type BM53%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth88%
Stilt Floor42%
Slabs of Super Structure42%
Internal walls, internal plaster, floorings, doors and windows within flats44%
Sanitary fittings within the flats42%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks44%
External plumbing and external plaster, elevation, completion of terraces with waterproofing30%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing42%
P3830%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure33%
Internal walls, internal plaster, floorings, doors and windows within flats33%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
Type C30%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure33%
Internal walls, internal plaster, floorings, doors and windows within flats33%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
Type CM30%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure33%
Internal walls, internal plaster, floorings, doors and windows within flats33%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
Type D39%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth85%
Stilt Floor0%
Slabs of Super Structure50%
Internal walls, internal plaster, floorings, doors and windows within flats50%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks50%
External plumbing and external plaster, elevation, completion of terraces with waterproofing16%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
Type DM69%
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 flats0%
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 finishing0%
P 1256%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
Type A49%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor33%
Slabs of Super Structure61%
Internal walls, internal plaster, floorings, doors and windows within flats61%
Sanitary fittings within the flats33%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks17%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing33%
Type AM43%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth80%
Stilt Floor25%
Slabs of Super Structure44%
Internal walls, internal plaster, floorings, doors and windows within flats44%
Sanitary fittings within the flats25%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks44%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing25%
Type B56%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth90%
Stilt Floor50%
Slabs of Super Structure45%
Internal walls, internal plaster, floorings, doors and windows within flats45%
Sanitary fittings within the flats50%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks45%
External plumbing and external plaster, elevation, completion of terraces with waterproofing30%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing50%

Progress on shared amenities23

As on 9 Oct 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 footpathsYes0%
Water supplyYes20%
Sewerage (chamber, lines, septic tank, STP)Yes10%
Storm water drainsYes10%
Landscaping and tree plantingYes25%
Street lightingYes0%
Community buildingsYes50%
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 requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationNoNot applicable
Fire fightingNoNot applicable
Drinking water facilitiesYes0%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes0%
Letter boxNoNot applicable
Compound wallYes50%
Plinth protectionYes25%
Water tankYes25%
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 area6,677 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 10.56 cr
Cost incurredRs 2.72 cr
Spent of the estimate25.72%
BuildingWingEstimatedIncurred
Type ANARs 2.48 crRs 79.83 lakh
Type BMNARs 2.48 crRs 47.34 lakh
Type BNARs 2.28 crRs 28.81 lakh
Type AMNARs 1.86 crRs 61.83 lakh
Type DNARs 41.41 lakh-
P 12NARs 20.71 lakhRs 15.07 lakh
P38NARs 20.71 lakhRs 2.46 lakh
Type CNARs 20.71 lakhRs 12.00 lakh
Type CMNARs 20.71 lakhRs 16.00 lakh
Type DMNARs 20.71 lakhRs 8.28 lakh

Certifying professionals and partners2

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

RoleName
ArchitectSHRENIK RAJENDRAKUMAR SONI
EngineerPARTH AMIN

Documents filed28

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/Vadodara Municipal Corporation/RN348AA10248/080523 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)9 Oct 2024
Engineer's certificate annexure9 Oct 2024
RERA registration certificate8 May 2023
Proforma agreement for sale-
Auditor's report (3 of 3)-
Income tax return (3 of 3)-
Project specific document-
Drainage affidavit-
Directors' report (3 of 3)-
Approved sanctioned plan-
Approved layout plan-
Agreement-
Land location-
Encumbrance certificate-
Area development document-
Proforma allotment letter-
Brochure-
Declaration in Form B-
Approved building or plotting plan-
NOCs from authorities-
Title clearance certificate-
Title report-
Property card-
Project photograph-
Proforma sale deed-
Audited balance sheet (3 of 3)-
Audited profit and loss statement (3 of 3)-
Cash flow statement (3 of 3)-

How this compares with Vadodara

71%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 BILL2,900+ in Vadodara

2 kmGRACEWOOD ELEGANCEOther 169Dot size: filed unitsN

Filed coordinates, straight-line distance. 169 registered projects within 2 km.

Builder: SHREE BALAJI BUILDERS

SHREE BALAJI BUILDERS has 1 registration on GujRERA, including GRACEWOOD ELEGANCE. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if GRACEWOOD ELEGANCE is delayed beyond 30 Apr 2028?

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 GRACEWOOD ELEGANCE?

The registered promoter entity is SHREE BALAJI BUILDERS, 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 GRACEWOOD ELEGANCE?

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 GRACEWOOD ELEGANCE?

The professionals named in the filing: Architect: SHRENIK RAJENDRAKUMAR SONI; Engineer: PARTH AMIN. 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 GRACEWOOD ELEGANCE?

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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