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Valid until 30 Dec 2021 Residential/Group Housing project

LAXMI VILLA

By ARIHANT CORPORATION

RG-GJ-99175 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05783/EX1/230522 · Last updated on GujRERA portal: 27 Dec 2021

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Dec 2021Possession promisedmoved 12 months from the original
7 of 9Construction stages donefurthest along: Staircases, 80%
17 of 17Units unsoldnot recorded sold or booked
Jump to the 41 documents Report an error

LAXMI VILLA is a Residential/Group Housing project by ARIHANT CORPORATION in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05783/EX1/230522 on 24 Jul 2019. Possession is promised by 30 Dec 2021. The completion date has moved by 12 months from the original filing. 0 of the 17 units on this registration are recorded sold or booked, and 7 of 9 construction stages are filed complete.

At a glance

Project

  • NameLAXMI VILLA
  • TypeResidential/Group Housing
  • Location
    • PLOT-30
    • JAIN SOCIETY
    • OPP. MANGALYA FLAT
    • PRITAMNAGAR AKHADA ROAD
    • PALDI
    • AHMEDABAD
    • Kochrab-Paldi
    • Ahmedabad City
    • Ahmedabad
    • 380006
  • Pincode380006
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05783/EX1/230522
  • ReraGenie IDRG-GJ-99175

Builder

  • NameARIHANT CORPORATION
  • Entity typePARTNERSHIP FIRM
  • Other registrations4 more →

Key dates

this monthRegisteredJul 2019First promiseDec 2020Revised toDec 2021

Key facts

Registration and timeline

  • StatusValid until 30 Dec 2021
  • Registered on24 Jul 2019
  • Promised completion30 Dec 2021
  • Revised completionRevised to 30 Dec 2021 (originally 30 Dec 2020)
  • Buildings1 building record
  • Documents filed41 files

Current status

0%0 of 17 units booked
80.6%Of the estimated cost spent so far

Figures as on 27 Dec 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
One---17017

The full filing

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

Construction progress by building1

As on 27 Dec 2021, 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.

7 of 9 construction stages are filed complete. The stage furthest along is Staircases, at 80%.

One: 93% average across the applicable activities

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 tanks80%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing60%

Progress on shared amenities19

As on 27 Dec 2021, 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 footpathsYes80%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes70%
Storm water drainsYes80%
Landscaping and tree plantingYes0%
Street lightingYes0%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes50%
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingNoNot applicable
Drinking water facilitiesYes50%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
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 area892 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 4.50 cr
Cost incurredRs 3.63 cr
Spent of the estimate80.58%
BuildingWingEstimatedIncurred
OneNARs 4.50 crRs 3.63 cr

Extensions applied for1

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

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05783/EX1/230522Applied Dec 2021; approved May 2022

Documents filed41

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/AUDA/RAA05783/EX1/230522 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)27 Dec 2021
Site photograph, One27 Dec 2021
Accountant's certificate (Form 3)5 Nov 2020
Engineer's certificate (Form 2)4 Nov 2020
Engineer's certificate annexure4 Nov 2020
RERA registration certificate24 Jul 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-
Title clearance certificate-
Title report-
Property card-
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

0%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 Kochrab-Paldi5,400+ in Ahmedabad

2 kmLAXMI VILLAOther 300Dot size: filed unitsN

Filed coordinates, straight-line distance. 300 registered projects within 2 km.

Builder: ARIHANT CORPORATION

Arihant Corporation has 5 registrations on GujRERA, including Broadway and Broadway Comfort. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if LAXMI VILLA is delayed beyond 30 Dec 2021?

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 LAXMI VILLA?

The registered promoter entity is ARIHANT CORPORATION, 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 LAXMI 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.

What should I check before booking in LAXMI 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; 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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About LAXMI VILLA. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

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