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Valid until 30 Jun 2023 Residential/Group Housing project

Karmabhumi Heights

By Aakruts Commotrade Private Limited

RG-GJ-54081 · RERA PR/GJ/VALSAD/VALSAD/Others/RAA02491/EX1/271222 · Last updated on GujRERA portal: 1 Sep 2022

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Jun 2023Possession promisedmoved 12 months from the original
14 of 32Construction stages doneacross 4 buildings; furthest along: Staircases, 80%
114 of 160Units unsoldnot recorded sold or booked
Jump to the 44 documents Report an error

Karmabhumi Heights is a Residential/Group Housing project by Aakruts Commotrade Private Limited in Valsad, Gujarat, registered with GujRERA as PR/GJ/VALSAD/VALSAD/Others/RAA02491/EX1/271222 on 25 Apr 2018. Possession is promised by 30 Jun 2023. The completion date has moved by 12 months from the original filing. 46 of the 160 units on this registration are recorded sold or booked, and 14 of 32 construction stages are filed complete.

At a glance

Project

  • NameKarmabhumi Heights
  • TypeResidential/Group Housing
  • Location
    • Near Sarswati International School
    • Behind State Bank of Patiala
    • Valsad Dharampur Road
    • Abrama
    • Abrama
    • Valsad
    • 396002
  • Pincode396002
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VALSAD/VALSAD/Others/RAA02491/EX1/271222
  • ReraGenie IDRG-GJ-54081

Builder

  • NameAakruts Commotrade Private Limited
  • Entity typeCOMPANY
  • Other registrations1 more →

Key dates

this monthRegisteredApr 2018First promiseJun 2022Revised toJun 2023

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2023
  • Registered on25 Apr 2018
  • Promised completion30 Jun 2023
  • Revised completionRevised to 30 Jun 2023 (originally 30 Jun 2022)
  • Buildings4 building records
  • Documents filed44 files

Current status

29%46 of 160 units booked
50.4%Of the estimated cost spent so far

Figures as on 1 Sep 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Karmabhumi Heights G Building---40040
Karmabhumi Heights H Building---40040
Karmabhumi Heights I Building---40040
Karmabhumi Heights J Building---40040

The full filing

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

Construction progress by building4

As on 1 Sep 2022, 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.

14 of 32 construction stages are filed complete across 4 buildings. The stage furthest along is Staircases, at 80%.

Karmabhumi Heights G Building91%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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 tanks80%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing49%
Karmabhumi Heights H Building100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
Karmabhumi Heights I Building0%
ActivityProgress
Excavation0%
Podiums (if any)Not applicable
Plinth0%
Stilt FloorNot applicable
Slabs of Super Structure0%
Internal walls, internal plaster, floorings, doors and windows within flats0%
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%
Karmabhumi Heights J Building0%
ActivityProgress
Excavation0%
Podiums (if any)Not applicable
Plinth0%
Stilt FloorNot applicable
Slabs of Super Structure0%
Internal walls, internal plaster, floorings, doors and windows within flats0%
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 1 Sep 2022, 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 footpathsYes70%
Water supplyNoNot applicable
Sewerage (chamber, lines, septic tank, STP)Yes80%
Storm water drainsYes0%
Landscaping and tree plantingYes0%
Street lightingYes30%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
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 area12,697 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 15.45 cr
Cost incurredRs 7.78 cr
Spent of the estimate50.37%
BuildingWingEstimatedIncurred
Karmabhumi Heights G BuildingNARs 3.86 crRs 1.95 cr
Karmabhumi Heights H BuildingNARs 3.86 crRs 1.95 cr
Karmabhumi Heights I BuildingNARs 3.86 crRs 1.95 cr
Karmabhumi Heights J BuildingNARs 3.86 crRs 1.95 cr

Certifying professionals and partners2

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

RoleName
ArchitectCharmi H. Patel
EngineerDipali M. Desai

Extensions applied for1

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

PR/GJ/VALSAD/VALSAD/Others/RAA02491/EX1/271222Applied Sep 2022; approved Dec 2022

Documents filed44

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/VALSAD/VALSAD/Others/RAA02491/EX1/271222 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)1 Sep 2022
Site photograph, Karmabhumi Heights G Building1 Sep 2022
Site photograph, Karmabhumi Heights G Building1 Sep 2022
Site photograph, Karmabhumi Heights H Building1 Sep 2022
Site photograph, Karmabhumi Heights H Building1 Sep 2022
Site photograph, Karmabhumi Heights H Building1 Sep 2022
Site photograph, Karmabhumi Heights I Building1 Sep 2022
Site photograph, Karmabhumi Heights J Building1 Sep 2022
Accountant's certificate (Form 3)7 May 2022
Engineer's certificate (Form 2)6 May 2022
Engineer's certificate annexure6 May 2022
RERA registration certificate25 Apr 2018
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 Valsad

29%of this project is bookeddistrict median 45%
23%of Valsad projects moved their completion datethis one moved by 12 months

Computed across the 390+ Valsad projects on ReraGenie, from their own filings.

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Other projects near Abrama390+ in Valsad

2 kmKarmabhumi HeightsOther 39Dot size: filed unitsN

Filed coordinates, straight-line distance. 39 registered projects within 2 km.

Builder: Aakruts Commotrade Private Limited

Aakruts Commotrade Private Limited has 2 registrations on GujRERA, including Karmabhumi Heights and Karmabhumi Dream City. Read the full track record. See more projects on the Valsad district page.

Frequently asked questions

What are my rights if Karmabhumi Heights is delayed beyond 30 Jun 2023?

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 Karmabhumi Heights?

The registered promoter entity is Aakruts Commotrade 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 Karmabhumi Heights?

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 Karmabhumi Heights?

The professionals named in the filing: Architect: Charmi H. Patel; Engineer: Dipali M. Desai. 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 Karmabhumi Heights?

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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