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Valid until 31 Oct 2026 Mixed Development project

KARMA ELEGANCE

By KARMIK SMART SPACES

RG-GJ-55216 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/Ahmedabad Municipal Corporation/MN295AA10195/EX1/EX2/300825/311026 · Last updated on GujRERA portal: 13 Aug 2025

Source: official GujRERA filing

Red flags

  • Completion date moved by 24 months
  • 2 extensions taken

Clear

  • Nothing verified clear yet
Oct 2026Possession promisedmoved 24 months from the original
2 of 9Construction stages donefurthest along: Slabs of Super Structure, 80%
210 of 293Units unsoldnot recorded sold or booked
Jump to the 23 documents Report an error

KARMA ELEGANCE is a Mixed Development project by KARMIK SMART SPACES in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/Ahmedabad Municipal Corporation/MN295AA10195/EX1/EX2/300825/311026 on 10 Jan 2023. Possession is promised by 31 Oct 2026. The completion date has moved by 24 months from the original filing. 83 of the 293 units on this registration are recorded sold or booked, and 2 of 9 construction stages are filed complete.

At a glance

Project

  • NameKARMA ELEGANCE
  • TypeMixed Development
  • Location
    • Nr. Silver Brook
    • S.P. Ring Road
    • Shilaj
    • SHILAJ
    • Ahmedabad City
    • Ahmedabad
    • 380058
  • Pincode380058
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/Ahmedabad Municipal Corporation/MN295AA10195/EX1/EX2/300825/311026
  • ReraGenie IDRG-GJ-55216

Builder

  • NameKARMIK SMART SPACES
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredJan 2023First promiseOct 2024Revised toOct 2026

Key facts

Registration and timeline

  • StatusValid until 31 Oct 2026
  • Registered on10 Jan 2023
  • Promised completion31 Oct 2026
  • Revised completionRevised to 31 Oct 2026 (originally 31 Oct 2024)
  • Buildings1 building record
  • Documents filed23 files

Current status

28%83 of 293 units booked
57.7%Of the estimated cost spent so far

Figures as on 13 Aug 2025, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A+B+C+D+E---24449293

The full filing

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

Construction progress by building1

As on 13 Aug 2025, 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.

2 of 9 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 80%.

A+B+C+D+E: 39% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure80%
Internal walls, internal plaster, floorings, doors and windows within flats67%
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%

Progress on shared amenities19

As on 13 Aug 2025, 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 supplyYes0%
Sewerage (chamber, lines, septic tank, STP)Yes0%
Storm water drainsYes0%
Landscaping and tree plantingYes0%
Street lightingYes0%
Community buildingsYes0%
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%

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 area5,797 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 59.18 cr
Cost incurredRs 34.17 cr
Spent of the estimate57.74%
BuildingWingEstimatedIncurred
A+B+C+D+ENARs 59.18 crRs 34.17 cr

Certifying professionals and partners2

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

RoleName
ArchitectVISHESH JIGNESH PATEL
EngineerMAHESHKUMAR NANJIBHAI DONGA

Extensions applied for2

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

PR/GJ/AHMEDABAD/DASKROI/Ahmedabad Urban Development Authority/MN295AA10195/A1M/EX1/310125/311025Applied Oct 2024; approved Jan 2025
PR/GJ/AHMEDABAD/AHMEDABAD CITY/Ahmedabad Municipal Corporation/MN295AA10195/EX1/EX2/300825/311026Applied Jul 2025; approved Aug 2025

Documents filed23

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/AHMEDABAD/AHMEDABAD CITY/Ahmedabad Municipal Corporation/MN295AA10195/EX1/EX2/300825/311026 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)13 Aug 2025
Architect's certificate (Form 1)11 Jul 2025
Engineer's certificate (Form 2)11 Jul 2025
Engineer's certificate annexure11 Jul 2025
Site photograph, A+B+C+D+E11 Jul 2025
Site photograph, A+B+C+D+E11 Jul 2025
RERA registration certificate10 Jan 2023
Extension certificate-
Alteration certificate-
Project specific document-
Drainage affidavit-
Approved sanctioned plan-
Approved layout plan-
Land location-
Encumbrance certificate-
Area development document-
Brochure-
Declaration in Form B-
Approved building or plotting plan-
Title clearance certificate-
Title report-
Property card-
Project photograph-

How this compares with Ahmedabad

28%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 24 months

Computed across the 5,400+ Ahmedabad projects on ReraGenie, from their own filings.

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Other projects near SHILAJ5,400+ in Ahmedabad

2 kmKARMA ELEGANCEOther 153Dot size: filed unitsN

Filed coordinates, straight-line distance. 153 registered projects within 2 km.

Builder: KARMIK SMART SPACES

KARMIK SMART SPACES has 2 registrations on GujRERA, including KARMA ELEGANCE and 9 Yards Central. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if KARMA ELEGANCE is delayed beyond 31 Oct 2026?

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 KARMA ELEGANCE?

The registered promoter entity is KARMIK SMART SPACES, 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 KARMA 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 KARMA ELEGANCE?

The professionals named in the filing: Architect: VISHESH JIGNESH PATEL; Engineer: MAHESHKUMAR NANJIBHAI DONGA. 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 KARMA 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; 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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