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KRUPA NIDHI
RG-GJ-05792 · RERA PR/GJ/RAJKOT/RAJKOT/Others/RAA04705/210119 · Last updated on GujRERA portal: 5 Mar 2020
Source: official GujRERA filing
Red flags
- No red flags in this filing
Clear
- Completion date never moved
- Separate project account declared
Saved.
KRUPA NIDHI is a Residential/Group Housing project by MARUTI BUILDERS in Rajkot, Gujarat, registered with GujRERA as PR/GJ/RAJKOT/RAJKOT/Others/RAA04705/210119 on 21 Jan 2019. Possession is promised by 31 Mar 2020. 9 of the 15 units on this registration are recorded sold or booked, and 10 of 10 construction stages are filed complete.
At a glance
Project
- NameKRUPA NIDHI
- TypeResidential/Group Housing
- Location
- NEAR RAMESHWAR PLAYGROUND NURCERY
- AMBIKA TOWNSHIP
- Mavdi
- Rajkot
- 360004
- Pincode360004
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR/GJ/RAJKOT/RAJKOT/Others/RAA04705/210119
- ReraGenie IDRG-GJ-05792
Builder
- NameMARUTI BUILDERS
- Entity typePARTNERSHIP FIRM
- Other registrations4 more →
Key dates
Key facts
Registration and timeline
- StatusValid until 31 Mar 2020
- Registered on21 Jan 2019
- Promised completion31 Mar 2020
- Revised completionNone
- Buildings1 building record
- Documents filed38 files
Current status
Figures as on 5 Mar 2020, this project's latest GujRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| KRUPANIDHI | - | - | - | 15 | 0 | 15 |
The full filing
Everything below is from the project's own GujRERA filing, free to read.
Construction progress by building1
As on 5 Mar 2020, 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.
10 of 10 construction stages are filed complete.
KRUPANIDHI: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 100% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 100% |
Progress on shared amenities19
As on 5 Mar 2020, 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 facility | Proposed | Progress |
|---|---|---|
| Internal roads and footpaths | No | Not applicable |
| Water supply | No | Not applicable |
| Sewerage (chamber, lines, septic tank, STP) | Yes | 100% |
| Storm water drains | Yes | 100% |
| Landscaping and tree planting | Yes | 100% |
| Street lighting | No | Not applicable |
| Community buildings | No | Not applicable |
| Treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation, rain water harvesting | Yes | 100% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Fire fighting | No | Not applicable |
| Drinking water facilities | No | Not applicable |
| Emergency evacuation | No | Not applicable |
| Use of renewable energy | Yes | 100% |
| Security | Yes | 100% |
| Letter box | Yes | 100% |
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.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| KRUPANIDHI | NA | Rs 1.69 cr | Rs 1.69 cr |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | JATIN PARMAR |
| Engineer | BIPIN ADHIYA |
Documents filed38
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/RAJKOT/RAJKOT/Others/RAA04705/210119 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Architect's certificate (Form 1) | 5 Mar 2020 |
| Engineer's certificate (Form 2) | 5 Mar 2020 |
| Engineer's certificate annexure | 5 Mar 2020 |
| Accountant's certificate (Form 3) | 5 Mar 2020 |
| Site photograph, KRUPANIDHI | 5 Mar 2020 |
| RERA registration certificate | 21 Jan 2019 |
| 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) | - |
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How this compares with Rajkot
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See every Rajkot project, with the district possession charts
Builder: MARUTI BUILDERS
MARUTI BUILDERS has 5 registrations on GujRERA, including Shyam Heights Phase-I and KRUPA NIDHI. Read the full track record. See more projects on the Rajkot district page.
Frequently asked questions
What are my rights if KRUPA NIDHI is delayed beyond 31 Mar 2020?
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 KRUPA NIDHI?
The registered promoter entity is MARUTI BUILDERS, 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 KRUPA NIDHI?
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 KRUPA NIDHI?
The professionals named in the filing: Architect: JATIN PARMAR; Engineer: BIPIN ADHIYA. 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 KRUPA NIDHI?
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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