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Valid until 30 Sep 2020 Residential/Group Housing project

MEGA ROYAL

By SHREE PARTH INFRACORP LIMITED

RG-GJ-03646 · RERA PR/GJ/SURAT/SURAT CITY/SUDA/RAA01386/EX1/271119 · Last updated on GujRERA portal: 29 Dec 2021

Source: official GujRERA filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2020Possession promisedmoved 9 months from the original
16 of 16Construction stages doneacross 2 buildings; every applicable stage filed complete
57 of 92Units unsoldnot recorded sold or booked
Jump to the 39 documents Report an error

MEGA ROYAL is a Residential/Group Housing project by SHREE PARTH INFRACORP LIMITED in Surat, Gujarat, registered with GujRERA as PR/GJ/SURAT/SURAT CITY/SUDA/RAA01386/EX1/271119 on 22 Jan 2018. Possession is promised by 30 Sep 2020. The completion date has moved by 9 months from the original filing. 35 of the 92 units on this registration are recorded sold or booked, and 16 of 16 construction stages are filed complete.

At a glance

Project

  • NameMEGA ROYAL
  • TypeResidential/Group Housing
  • Location
    • HONEY PARK CHAR RASTA
    • ADAJAN
    • Adajan
    • Surat City
    • Surat
    • 395009
  • Pincode395009
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/SURAT/SURAT CITY/SUDA/RAA01386/EX1/271119
  • ReraGenie IDRG-GJ-03646

Builder

  • NameSHREE PARTH INFRACORP LIMITED
  • Entity typeCOMPANY
  • Other registrations1 more →

Key dates

this monthRegisteredJan 2018First promiseDec 2019Revised toSep 2020

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2020
  • Registered on22 Jan 2018
  • Promised completion30 Sep 2020
  • Revised completionRevised to 30 Sep 2020 (originally 31 Dec 2019)
  • Buildings2 building records
  • Documents filed39 files

Current status

38%35 of 92 units booked
85.0%Of the estimated cost spent so far

Figures as on 29 Dec 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Mega Royal Residency B Building---46046
Mega Royal Residency A Building---46046

The full filing

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

Construction progress by building2

As on 29 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.

16 of 16 construction stages are filed complete across 2 buildings.

Mega Royal Residency B Building100%
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%
Mega Royal Residency A Building100%
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 29 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 footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
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 requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
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 area4,078 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 18.43 cr
Cost incurredRs 15.68 cr
Spent of the estimate85.05%
BuildingWingEstimatedIncurred
Mega Royal Residency A BuildingNARs 9.22 crRs 7.84 cr
Mega Royal Residency B BuildingNARs 9.22 crRs 7.84 cr

Certifying professionals and partners2

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

RoleName
ArchitectTUSHARBHAI HIMMATBHAI SUTARIYA
EngineerPIYUSHKUMAR M PATEL

Extensions applied for1

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

PR/GJ/SURAT/SURAT CITY/SUDA/RAA01386/EX1/271119Applied Oct 2019; approved Nov 2019

Documents filed39

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/SURAT/SURAT CITY/SUDA/RAA01386/EX1/271119 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)29 Dec 2021
Engineer's certificate (Form 2)29 Dec 2021
Engineer's certificate annexure29 Dec 2021
Accountant's certificate (Form 3)29 Dec 2021
Site photograph, Mega Royal Residency B Building29 Dec 2021
Site photograph, Mega Royal Residency A Building29 Dec 2021
RERA registration certificate22 Jan 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 Surat

38%of this project is bookeddistrict median 39%
15%of Surat projects moved their completion datethis one moved by 9 months

Computed across the 2,600+ Surat projects on ReraGenie, from their own filings.

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Other projects near Adajan2,600+ in Surat

2 kmMEGA ROYALOther 141Dot size: filed unitsN

Filed coordinates, straight-line distance. 141 registered projects within 2 km.

Builder: SHREE PARTH INFRACORP LIMITED

SHREE PARTH INFRACORP LIMITED has 2 registrations on GujRERA, including MEGA ROYAL and MEGA ROYAL. Read the full track record. See more projects on the Surat district page.

Frequently asked questions

What are my rights if MEGA ROYAL is delayed beyond 30 Sep 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 MEGA ROYAL?

The registered promoter entity is SHREE PARTH INFRACORP 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 MEGA ROYAL?

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 MEGA ROYAL?

The professionals named in the filing: Architect: TUSHARBHAI HIMMATBHAI SUTARIYA; Engineer: PIYUSHKUMAR M PATEL. 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 MEGA ROYAL?

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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