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Valid until 31 May 2024 Commercial project

International Finance Centre

By S.S.ENTERPRISE

RG-GJ-75311 · RERA PR/GJ/SURAT/SURAT CITY/SUDA/CAA07355/A1C/090321 · Last updated on GujRERA portal: 2 Apr 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
May 2024Possession promisedno revision filed
9 of 9Construction stages doneevery applicable stage filed complete
5 of 194Units unsoldnot recorded sold or booked
Jump to the 43 documents Report an error

International Finance Centre is a Commercial project by S.S.ENTERPRISE in Surat, Gujarat, registered with GujRERA as PR/GJ/SURAT/SURAT CITY/SUDA/CAA07355/A1C/090321 on 24 Aug 2020. Possession is promised by 31 May 2024. 189 of the 194 units on this registration are recorded sold or booked, and 9 of 9 construction stages are filed complete.

At a glance

Project

  • NameInternational Finance Centre
  • TypeCommercial
  • Location
    • FP.No-87
    • 88 & 89
    • Sub Plot B
    • Near Fire Station
    • VIP Road
    • Vesu
    • Vesu
    • Surat City
    • Surat
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/SURAT/SURAT CITY/SUDA/CAA07355/A1C/090321
  • ReraGenie IDRG-GJ-75311

Builder

  • NameS.S.ENTERPRISE
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredAug 2020PromisedMay 2024

Key facts

Registration and timeline

  • StatusValid until 31 May 2024
  • Registered on24 Aug 2020
  • Promised completion31 May 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed43 files

Current status

97%189 of 194 units booked
94.9%Of the estimated cost spent so far

Figures as on 2 Apr 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---0193194

The full filing

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

Construction progress by building1

As on 2 Apr 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.

9 of 9 construction stages are filed complete.

A: 100% 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 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 2 Apr 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 managementYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesYes100%
Emergency evacuationYes100%
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 area5,075 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 58.32 cr
Cost incurredRs 55.34 cr
Spent of the estimate94.89%
BuildingWingEstimatedIncurred
ANARs 58.32 crRs 55.34 cr

Certifying professionals and partners2

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

RoleName
ArchitectSanjay Josshi
EngineerKalpesh Shah & Associates

Documents filed43

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/SUDA/CAA07355/A1C/090321 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)2 Apr 2024
Architect's certificate (Form 1)19 Mar 2024
Engineer's certificate (Form 2)19 Mar 2024
Engineer's certificate annexure19 Mar 2024
Site photograph, A19 Mar 2024
Site photograph, A19 Mar 2024
Site photograph, A19 Mar 2024
RERA registration certificate24 Aug 2020
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 Surat

97%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 Vesu2,600+ in Surat

2 kmInternational Finance CeOther 235Dot size: filed unitsN

Filed coordinates, straight-line distance. 235 registered projects within 2 km.

Builder: S.S.ENTERPRISE

S.S.ENTERPRISE has 2 registrations on GujRERA, including International Finance Centre and SAUNDARYA SKY. Read the full track record. See more projects on the Surat district page.

Frequently asked questions

What are my rights if International Finance Centre is delayed beyond 31 May 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 International Finance Centre?

The registered promoter entity is S.S.ENTERPRISE, 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 International Finance Centre?

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 International Finance Centre?

The professionals named in the filing: Architect: Sanjay Josshi; Engineer: Kalpesh Shah & Associates. 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 International Finance Centre?

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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