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Valid until 30 Jun 2024 Commercial project

INSPIRE BUSINESS PARK

By ADANI ESTATE MANAGEMENT PRIVATE LIMITED

RG-GJ-25064 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/CAA05707/120719 · Last updated on GujRERA portal: 28 Jun 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Jun 2024Possession promisedno revision filed
88 of 99Construction stages doneacross 11 buildings; furthest along: Stilt Floor, 0%
0 of 128Units unsoldnot recorded sold or booked
Jump to the 51 documents Report an error

INSPIRE BUSINESS PARK is a Commercial project by ADANI ESTATE MANAGEMENT PRIVATE LIMITED in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/CAA05707/120719 on 12 Jul 2019. Possession is promised by 30 Jun 2024. 128 of the 128 units on this registration are recorded sold or booked, and 88 of 99 construction stages are filed complete.

At a glance

Project

  • NameINSPIRE BUSINESS PARK
  • TypeCommercial
  • Location
    • SHANTIGRAM TOWNSHIP
    • NR. VAISHNODEVI CIRCLE
    • OFF .S.G.HIGHWAY
    • Khoraj
    • Gandhinagar
    • 382423
  • Pincode382423
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/CAA05707/120719
  • ReraGenie IDRG-GJ-25064

Builder

  • NameADANI ESTATE MANAGEMENT PRIVATE LIMITED
  • Entity typeCOMPANY
  • Other registrations6 more →
  • Past their filed date1

Key dates

this monthRegisteredJul 2019PromisedJun 2024

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2024
  • Registered on12 Jul 2019
  • Promised completion30 Jun 2024
  • Revised completionNone
  • Buildings11 building records
  • Documents filed51 files

Current status

100%128 of 128 units booked
100.0%Of the estimated cost spent so far

Figures as on 28 Jun 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
CH1---055
CH2---055
CH3---055
CH4&5---055
CH6---066
CH7---066
CH8---066
CH9---066
BTS1---01111
BTS2---099
commercial tower---06464

The full filing

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

Construction progress by building11

As on 28 Jun 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.

88 of 99 construction stages are filed complete across 11 buildings. The stage furthest along is Stilt Floor, at 0%.

CH189%
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 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%
CH289%
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 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%
CH389%
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 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%
CH4&589%
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 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%
CH689%
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 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%
CH789%
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 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%
CH889%
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 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%
CH989%
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 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%
BTS189%
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 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%
BTS289%
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 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%
commercial tower89%
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 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 28 Jun 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 plantingYes100%
Street lightingYes100%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterYes100%
Solid waste management and disposalYes100%
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 energyYes100%
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 area21,028 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 135.00 cr
Cost incurredRs 135.00 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
commercial towerNARs 35.00 crRs 35.00 cr
BTS1NARs 17.00 crRs 17.00 cr
CH4&5NARs 17.00 crRs 17.00 cr
BTS2NARs 10.25 crRs 10.25 cr
CH6NARs 8.50 crRs 8.50 cr
CH7NARs 8.50 crRs 8.50 cr
CH8NARs 8.50 crRs 8.50 cr
CH9NARs 8.50 crRs 8.50 cr
CH1NARs 7.25 crRs 7.25 cr
CH2NARs 7.25 crRs 7.25 cr
CH3NARs 7.25 crRs 7.25 cr

Certifying professionals and partners2

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

RoleName
ArchitectMayur Chotalia
EngineerJapan B Shah

Documents filed51

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/GANDHINAGAR/GANDHINAGAR/AUDA/CAA05707/120719 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)28 Jun 2024
Architect's certificate (Form 1)26 Jun 2024
Engineer's certificate (Form 2)26 Jun 2024
Engineer's certificate annexure26 Jun 2024
Site photograph, CH126 Jun 2024
Site photograph, CH226 Jun 2024
Site photograph, CH326 Jun 2024
Site photograph, CH4&526 Jun 2024
Site photograph, CH626 Jun 2024
Site photograph, CH726 Jun 2024
Site photograph, CH826 Jun 2024
Site photograph, CH926 Jun 2024
Site photograph, BTS126 Jun 2024
Site photograph, BTS226 Jun 2024
Site photograph, commercial tower26 Jun 2024
RERA registration certificate12 Jul 2019
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)-

How this compares with Gandhinagar

100%of this project is bookeddistrict median 53%
16%of Gandhinagar projects moved their completion datethis one has not

Computed across the 1,600+ Gandhinagar projects on ReraGenie, from their own filings.

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Other projects near Khoraj1,600+ in Gandhinagar

2 kmINSPIRE BUSINESS PARKOther 66Dot size: filed unitsN

Filed coordinates, straight-line distance. 66 registered projects within 2 km.

Builder: ADANI ESTATE MANAGEMENT PRIVATE LIMITED

ADANI ESTATE MANAGEMENT PRIVATE LIMITED has 7 registrations on GujRERA, including INSPIRE BUSINESS PARK and THE NORTH PARK ( PHASE 8 ). Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if INSPIRE BUSINESS PARK is delayed beyond 30 Jun 2024?

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 INSPIRE BUSINESS PARK?

The registered promoter entity is ADANI ESTATE MANAGEMENT PRIVATE LIMITED, a company 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 INSPIRE BUSINESS PARK?

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 INSPIRE BUSINESS PARK?

The professionals named in the filing: Architect: Mayur Chotalia; Engineer: Japan B Shah. 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 INSPIRE BUSINESS PARK?

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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