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Valid until 31 Dec 2018 Residential/Group Housing project

MADHUVAN GLORY PHASE-I BLOCK-F , I , J

By Vision Reality Developers

RG-GJ-03440 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA03313/010818 · Last updated on GujRERA portal: 8 Dec 2020

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2018Possession promisedno revision filed
24 of 24Construction stages doneacross 3 buildings; every applicable stage filed complete
4 of 120Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

MADHUVAN GLORY PHASE-I BLOCK-F , I , J is a Residential/Group Housing project by Vision Reality Developers in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA03313/010818 on 1 Aug 2018. Possession is promised by 31 Dec 2018. 116 of the 120 units on this registration are recorded sold or booked, and 24 of 24 construction stages are filed complete.

At a glance

Project

  • NameMADHUVAN GLORY PHASE-I BLOCK-F , I , J
  • TypeResidential/Group Housing
  • Location
    • NR. SHREE RAM CHOWK
    • NEXT TO DHARNIDHAR AVENUE
    • NEW NARODA
    • Naroda
    • Ahmedabad City
    • Ahmedabad
    • 382330
  • Pincode382330
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA03313/010818
  • ReraGenie IDRG-GJ-03440

Builder

  • NameVision Reality Developers
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredAug 2018PromisedDec 2018

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2018
  • Registered on1 Aug 2018
  • Promised completion31 Dec 2018
  • Revised completionNone
  • Buildings3 building records
  • Documents filed40 files

Current status

97%116 of 120 units booked
100.0%Of the estimated cost spent so far

Figures as on 8 Dec 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
F---40040
I---40040
J---40040

The full filing

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

Construction progress by building3

As on 8 Dec 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.

24 of 24 construction stages are filed complete across 3 buildings.

F100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
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%
I100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
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%
J100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
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 8 Dec 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 facilityProposedProgress
Internal roads and footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes100%
Landscaping and tree plantingYes100%
Street lightingNoNot applicable
Community buildingsNoNot applicable
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 boxYes100%

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 area18,482 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 13.50 cr
Cost incurredRs 13.50 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
FNARs 4.50 crRs 4.50 cr
INARs 4.50 crRs 4.50 cr
JNARs 4.50 crRs 4.50 cr

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/AHMEDABAD CITY/AUDA/RAA03313/010818 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)8 Dec 2020
Engineer's certificate (Form 2)8 Dec 2020
Engineer's certificate annexure8 Dec 2020
Accountant's certificate (Form 3)8 Dec 2020
Site photograph, F8 Dec 2020
Site photograph, I8 Dec 2020
Site photograph, J8 Dec 2020
RERA registration certificate1 Aug 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 Ahmedabad

97%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one has not

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

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Other projects near Naroda5,400+ in Ahmedabad

2 kmMADHUVAN GLORY PHASE-I BOther 129Dot size: filed unitsN

Filed coordinates, straight-line distance. 129 registered projects within 2 km.

Builder: Vision Reality Developers

Vision Reality Developers has 1 registration on GujRERA, including MADHUVAN GLORY PHASE-I BLOCK-F , I , J. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if MADHUVAN GLORY PHASE-I BLOCK-F , I , J is delayed beyond 31 Dec 2018?

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 MADHUVAN GLORY PHASE-I BLOCK-F , I , J?

The registered promoter entity is Vision Reality Developers, 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 MADHUVAN GLORY PHASE-I BLOCK-F , I , J?

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 MADHUVAN GLORY PHASE-I BLOCK-F , I , J?

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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