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Valid until 30 Apr 2019 Residential/Group Housing project

Karma Villa

By Karma Constructiob

RG-GJ-06362 · RERA PR/GJ/GANDHINAGAR/KALOL/AUDA/RAA00655/091117 · Last updated on GujRERA portal: 26 Apr 2019

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Apr 2019Possession promisedno revision filed
27 of 27Construction stages doneacross 3 buildings; every applicable stage filed complete
48 of 48Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

Karma Villa is a Residential/Group Housing project by Karma Constructiob in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/KALOL/AUDA/RAA00655/091117 on 9 Nov 2017. Possession is promised by 30 Apr 2019. 0 of the 48 units on this registration are recorded sold or booked, and 27 of 27 construction stages are filed complete.

At a glance

Project

  • NameKarma Villa
  • TypeResidential/Group Housing
  • Location
    • SUREVEU NO96 /FP 72
    • BORISANA
    • PANCHVATI
    • KALOL
    • Borisana
    • Kalol
    • Gandhinagar
    • 382721
  • Pincode382721
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/KALOL/AUDA/RAA00655/091117
  • ReraGenie IDRG-GJ-06362

Builder

  • NameKarma Constructiob
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredNov 2017PromisedApr 2019

Key facts

Registration and timeline

  • StatusValid until 30 Apr 2019
  • Registered on9 Nov 2017
  • Promised completion30 Apr 2019
  • Revised completionNone
  • Buildings3 building records
  • Documents filed40 files

Current status

0%0 of 48 units booked
100.0%Of the estimated cost spent so far

Figures as on 26 Apr 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
C-----24
A-----10
B-----30

The full filing

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

Construction progress by building3

As on 26 Apr 2019, 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.

27 of 27 construction stages are filed complete across 3 buildings.

C100%
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%
A100%
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%
B100%
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 26 Apr 2019, 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 drainsNoNot applicable
Landscaping and tree plantingYes100%
Street lightingYes100%
Community buildingsYes100%
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesYes100%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
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 area15,965 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 14.39 cr
Cost incurredRs 14.39 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 4.80 crRs 4.80 cr
BNARs 4.80 crRs 4.80 cr
CNARs 4.80 crRs 4.80 cr

Certifying professionals and partners2

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

RoleName
ArchitectPARIKH DIPTI HARNISH
EngineerHARESH A SHAH

Documents filed40

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/KALOL/AUDA/RAA00655/091117 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Architect's certificate (Form 1)26 Apr 2019
Engineer's certificate (Form 2)26 Apr 2019
Site photograph, C26 Apr 2019
Site photograph, C26 Apr 2019
Site photograph, A26 Apr 2019
Site photograph, A26 Apr 2019
Site photograph, B26 Apr 2019
RERA registration certificate9 Nov 2017
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-
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

0%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 Borisana1,600+ in Gandhinagar

2 kmKarma VillaOther 64Dot size: filed unitsN

Filed coordinates, straight-line distance. 64 registered projects within 2 km.

Builder: Karma Constructiob

Karma Constructiob has 1 registration on GujRERA, including Karma Villa. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if Karma Villa is delayed beyond 30 Apr 2019?

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 Villa?

The registered promoter entity is Karma Constructiob, 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 Villa?

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 Villa?

The professionals named in the filing: Architect: PARIKH DIPTI HARNISH; Engineer: HARESH A 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 Karma Villa?

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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