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Valid until 31 Dec 2030 Mixed Development project

ICONIC SHIVANT

By BHURAKHIYA CORPORATION

RG-GJ-09008 · RERA PR/GJ/SURAT/SURAT CITY/Surat Municipal Corporation/MAA12923/120224/311230 · Last updated on GujRERA portal: 6 Oct 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Dec 2030Possession promisedno revision filed
24 of 27Construction stages doneacross 3 buildings; furthest along: External plumbing and external plaster, 0%
101 of 210Units unsoldnot recorded sold or booked
Jump to the 22 documents Report an error

ICONIC SHIVANT is a Mixed Development project by BHURAKHIYA CORPORATION in Surat, Gujarat, registered with GujRERA as PR/GJ/SURAT/SURAT CITY/Surat Municipal Corporation/MAA12923/120224/311230 on 12 Feb 2024. Possession is promised by 31 Dec 2030. 109 of the 210 units on this registration are recorded sold or booked, and 24 of 27 construction stages are filed complete.

At a glance

Project

  • NameICONIC SHIVANT
  • TypeMixed Development
  • Location
    • BLOCK NO. 58
    • F.P. 35
    • SUB PLOT NO. 2
    • VARACHHA OUTER RING ROAD TOUCH
    • SARTHANA
    • TAL. PALSANA
    • DIST. SURAT.
    • SARTHANA
    • Surat City
    • Surat
    • 395006
  • Pincode395006
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/SURAT/SURAT CITY/Surat Municipal Corporation/MAA12923/120224/311230
  • ReraGenie IDRG-GJ-09008

Builder

  • NameBHURAKHIYA CORPORATION
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredFeb 2024PromisedDec 2030

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2030
  • Registered on12 Feb 2024
  • Promised completion31 Dec 2030
  • Revised completionNone
  • Buildings3 building records
  • Documents filed22 files

Current status

52%109 of 210 units booked
40.0%Of the estimated cost spent so far

Figures as on 6 Oct 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A+B---10815126
D---28028
C---56056

The full filing

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

Construction progress by building3

As on 6 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.

24 of 27 construction stages are filed complete across 3 buildings. The stage furthest along is External plumbing and external plaster, at 0%.

A+B89%
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 waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
D89%
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 waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
C89%
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 waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%

Progress on shared amenities23

As on 6 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 footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes100%
Landscaping and tree plantingYes0%
Street lightingYes100%
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 fightingYes0%
Drinking water facilitiesYes0%
Emergency evacuationYes0%
Use of renewable energyYes0%
SecurityYes0%
Letter boxYes0%
Compound wallYes100%
Plinth protectionYes100%
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 area3,468 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 22.50 cr
Cost incurredRs 9.00 cr
Spent of the estimate40.0%
BuildingWingEstimatedIncurred
A+BNARs 11.50 crRs 4.50 cr
CNARs 6.50 crRs 2.50 cr
DNARs 4.50 crRs 2.00 cr

Certifying professionals and partners2

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

RoleName
ArchitectHaniket Umeshbhai Patel
EngineerKRUSHAL KIRTIKUMAR KOSHIYA

Documents filed22

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/SURAT/SURAT CITY/Surat Municipal Corporation/MAA12923/120224/311230 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)6 Oct 2024
Engineer's certificate annexure6 Oct 2024
RERA registration certificate12 Feb 2024
Proforma agreement for sale-
Project specific document-
Drainage affidavit-
Approved sanctioned plan-
Approved layout plan-
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-
Statutory document-
Project photograph-
Proforma sale deed-

How this compares with Surat

52%of this project is bookeddistrict median 39%
15%of Surat projects moved their completion datethis one has not

Computed across the 2,600+ Surat projects on ReraGenie, from their own filings.

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Other projects near SARTHANA2,600+ in Surat

2 kmICONIC SHIVANTOther 170Dot size: filed unitsN

Filed coordinates, straight-line distance. 170 registered projects within 2 km.

Builder: BHURAKHIYA CORPORATION

BHURAKHIYA CORPORATION has 1 registration on GujRERA, including ICONIC SHIVANT. Read the full track record. See more projects on the Surat district page.

Frequently asked questions

What are my rights if ICONIC SHIVANT is delayed beyond 31 Dec 2030?

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 ICONIC SHIVANT?

The registered promoter entity is BHURAKHIYA CORPORATION, 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 ICONIC SHIVANT?

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 ICONIC SHIVANT?

The professionals named in the filing: Architect: Haniket Umeshbhai Patel; Engineer: KRUSHAL KIRTIKUMAR KOSHIYA. 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 ICONIC SHIVANT?

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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