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Valid until 30 Oct 2019 Residential/Group Housing project

KRISH ATULYA

By Savaliya Realty

RG-GJ-09886 · RERA PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00348/EX1/150219 · Last updated on GujRERA portal: 25 Oct 2019

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Oct 2019Possession promisedmoved 12 months from the original
18 of 18Construction stages doneacross 3 buildings; every applicable stage filed complete
3 of 6Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

KRISH ATULYA is a Residential/Group Housing project by Savaliya Realty in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00348/EX1/150219 on 5 Oct 2017. Possession is promised by 30 Oct 2019. The completion date has moved by 12 months from the original filing. 3 of the 6 units on this registration are recorded sold or booked, and 18 of 18 construction stages are filed complete.

At a glance

Project

  • NameKRISH ATULYA
  • TypeResidential/Group Housing
  • Location
    • Krish Atulya
    • Opp. Ganesh Vihar Flats
    • Nr. Galary bunglows
    • Nr. Haridarshan Cross Road
    • Nikol Naroda Road
    • Nikol
    • Nikol
    • Ahmedabad City
    • Ahmedabad
    • 380049
  • Pincode380049
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00348/EX1/150219
  • ReraGenie IDRG-GJ-09886

Builder

  • NameSavaliya Realty
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredOct 2017First promiseOct 2018Revised toOct 2019

Key facts

Registration and timeline

  • StatusValid until 30 Oct 2019
  • Registered on5 Oct 2017
  • Promised completion30 Oct 2019
  • Revised completionRevised to 30 Oct 2019 (originally 30 Oct 2018)
  • Buildings3 building records
  • Documents filed40 files

Current status

50%3 of 6 units booked
87.7%Of the estimated cost spent so far

Figures as on 25 Oct 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Type A---202
Type B---202
Type C---202

The full filing

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

Construction progress by building3

As on 25 Oct 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.

18 of 18 construction stages are filed complete across 3 buildings.

Type A100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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%
Type B100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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%
Type C100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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 25 Oct 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 drainsYes100%
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
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 area18,514 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 14.62 cr
Cost incurredRs 12.82 cr
Spent of the estimate87.65%
BuildingWingEstimatedIncurred
Type ANARs 4.88 crRs 4.27 cr
Type BNARs 4.88 crRs 4.27 cr
Type CNARs 4.88 crRs 4.27 cr

Certifying professionals and partners2

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

RoleName
ArchitectSaurabh Ajay Verma
EngineerAchal Jitendra Parikh

Extensions applied for1

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

PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00348/EX1/150219Applied Oct 2018; approved Feb 2019

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/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00348/EX1/150219 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)25 Oct 2019
Architect's certificate (Form 1)24 Oct 2019
Engineer's certificate (Form 2)24 Oct 2019
Engineer's certificate annexure24 Oct 2019
Site photograph, Type A24 Oct 2019
Site photograph, Type B24 Oct 2019
Site photograph, Type C24 Oct 2019
RERA registration certificate5 Oct 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 Ahmedabad

50%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 12 months

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

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Other projects near Nikol5,400+ in Ahmedabad

2 kmKRISH ATULYAOther 318Dot size: filed unitsN

Filed coordinates, straight-line distance. 318 registered projects within 2 km.

Builder: Savaliya Realty

Savaliya Realty has 1 registration on GujRERA, including KRISH ATULYA. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if KRISH ATULYA is delayed beyond 30 Oct 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 KRISH ATULYA?

The registered promoter entity is Savaliya Realty, 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 KRISH ATULYA?

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 KRISH ATULYA?

The professionals named in the filing: Architect: Saurabh Ajay Verma; Engineer: Achal Jitendra Parikh. 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 KRISH ATULYA?

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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