ReraGenieLog inGet a buyer report

Home / Browse projects / Bharuch, Gujarat / NARAYAN ARENA

Valid until 30 Mar 2022 Residential/Group Housing project

NARAYAN ARENA

By NARAYAN LAND ESTATE

RG-GJ-44611 · RERA PR/GJ/BHARUCH/BHARUCH/Others/RAA00794/211117 · Last updated on GujRERA portal: 22 Oct 2022

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Mar 2022Possession promisedno revision filed
38 of 45Construction stages doneacross 5 buildings; furthest along: Stilt Floor, 8%
31 of 269Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

NARAYAN ARENA is a Residential/Group Housing project by NARAYAN LAND ESTATE in Bharuch, Gujarat, registered with GujRERA as PR/GJ/BHARUCH/BHARUCH/Others/RAA00794/211117 on 21 Nov 2017. Possession is promised by 30 Mar 2022. 238 of the 269 units on this registration are recorded sold or booked, and 38 of 45 construction stages are filed complete.

At a glance

Project

  • NameNARAYAN ARENA
  • TypeResidential/Group Housing
  • Location
    • Behind Narayan Residency
    • Dahej Baypass road Bharuch
    • Umraj
    • Bharuch
    • 392001
  • Pincode392001
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/BHARUCH/BHARUCH/Others/RAA00794/211117
  • ReraGenie IDRG-GJ-44611

Builder

  • NameNARAYAN LAND ESTATE
  • Entity typePARTNERSHIP FIRM
  • Other registrations3 more →

Key dates

this monthRegisteredNov 2017PromisedMar 2022

Key facts

Registration and timeline

  • StatusValid until 30 Mar 2022
  • Registered on21 Nov 2017
  • Promised completion30 Mar 2022
  • Revised completionNone
  • Buildings5 building records
  • Documents filed42 files

Current status

88%238 of 269 units booked
93.4%Of the estimated cost spent so far

Figures as on 22 Oct 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Row House A1---45045
Tower A+B---56056
Tower C+D---56056
TOWER E+F---56056
TOWER G +H---56056

The full filing

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

Construction progress by building5

As on 22 Oct 2022, 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.

38 of 45 construction stages are filed complete across 5 buildings. The stage furthest along is Stilt Floor, at 8%.

Row House A189%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure0%
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%
Tower A+B80%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor8%
Slabs of Super Structure8%
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%
Tower C+D80%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor8%
Slabs of Super Structure8%
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%
TOWER E+F90%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor8%
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%
TOWER G +H90%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor8%
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 22 Oct 2022, 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 buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes100%
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
SecurityNoNot applicable
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 area12,343 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 24.83 cr
Cost incurredRs 23.20 cr
Spent of the estimate93.43%
BuildingWingEstimatedIncurred
Row House A1NARs 4.97 crRs 4.64 cr
Tower A+BNARs 4.97 crRs 4.64 cr
Tower C+DNARs 4.97 crRs 4.64 cr
TOWER E+FNARs 4.97 crRs 4.64 cr
TOWER G +HNARs 4.97 crRs 4.64 cr

Certifying professionals and partners2

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

RoleName
Architectkartikbhai J.Panchal
EngineerAASHUTOSH A.DESAI

Documents filed42

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/BHARUCH/BHARUCH/Others/RAA00794/211117 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)22 Oct 2022
Architect's certificate (Form 1)21 Oct 2022
Engineer's certificate (Form 2)21 Oct 2022
Engineer's certificate annexure21 Oct 2022
Site photograph, Row House A121 Oct 2022
Site photograph, Tower A+B21 Oct 2022
Site photograph, Tower C+D21 Oct 2022
Site photograph, TOWER E+F21 Oct 2022
Site photograph, TOWER G +H21 Oct 2022
RERA registration certificate21 Nov 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 Bharuch

88%of this project is bookeddistrict median 52%
20%of Bharuch projects moved their completion datethis one has not

Computed across the 200+ Bharuch projects on ReraGenie, from their own filings.

Keep NARAYAN ARENA on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Umraj200+ in Bharuch

2 kmNARAYAN ARENAOther 26Dot size: filed unitsN

Filed coordinates, straight-line distance. 26 registered projects within 2 km.

Builder: NARAYAN LAND ESTATE

NARAYAN LAND ESTATE has 4 registrations on GujRERA, including NARAYAN ARENA and NARAYAN LAXURIA. Read the full track record. See more projects on the Bharuch district page.

Frequently asked questions

What are my rights if NARAYAN ARENA is delayed beyond 30 Mar 2022?

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 NARAYAN ARENA?

The registered promoter entity is NARAYAN LAND ESTATE, 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 NARAYAN ARENA?

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 NARAYAN ARENA?

The professionals named in the filing: Architect: kartikbhai J.Panchal; Engineer: AASHUTOSH A.DESAI. 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 NARAYAN ARENA?

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.

Report an error Share feedback

Report an error or share feedback

About NARAYAN ARENA. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save NARAYAN ARENA to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.