ReraGenieLog inGet a buyer report

Home / Browse projects / Gandhinagar, Gujarat / NAVKAR COMMERCIAL COMPLEX AND FLATS

Valid until 31 Dec 2022 Mixed Development project

NAVKAR COMMERCIAL COMPLEX AND FLATS

By VED CORPORATION

RG-GJ-38366 · RERA PR/GJ/GANDHINAGAR/MANSA/Others/MAA07576/201020 · Last updated on GujRERA portal: 29 Dec 2022

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2022Possession promisedno revision filed
16 of 16Construction stages doneacross 2 buildings; every applicable stage filed complete
21 of 52Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

NAVKAR COMMERCIAL COMPLEX AND FLATS is a Mixed Development project by VED CORPORATION in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/MANSA/Others/MAA07576/201020 on 20 Oct 2020. Possession is promised by 31 Dec 2022. 31 of the 52 units on this registration are recorded sold or booked, and 16 of 16 construction stages are filed complete.

At a glance

Project

  • NameNAVKAR COMMERCIAL COMPLEX AND FLATS
  • TypeMixed Development
  • Location
    • Nr. Sundarvan Bungalow
    • Opp. Mallinath Complex
    • Sabarmati Gas Office
    • Gandhinagar Highway
    • Mansa
    • Gandhinagar
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/MANSA/Others/MAA07576/201020
  • ReraGenie IDRG-GJ-38366

Builder

  • NameVED CORPORATION
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →
  • Past their filed date2

Key dates

this monthRegisteredOct 2020PromisedDec 2022

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2022
  • Registered on20 Oct 2020
  • Promised completion31 Dec 2022
  • Revised completionNone
  • Buildings2 building records
  • Documents filed42 files

Current status

60%31 of 52 units booked
74.3%Of the estimated cost spent so far

Figures as on 29 Dec 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block-A---03232
Block-B---20020

The full filing

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

Construction progress by building2

As on 29 Dec 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.

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

Block-A100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
Block-B100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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 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 footpathsNoNot applicable
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
Landscaping and tree plantingNoNot applicable
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 harvestingNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
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 area2,366 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 1.89 cr
Cost incurredRs 1.40 cr
Spent of the estimate74.27%
BuildingWingEstimatedIncurred
Block-ANARs 94.40 lakhRs 70.11 lakh
Block-BNARs 94.40 lakhRs 70.11 lakh

Certifying professionals and partners2

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

RoleName
ArchitectKrishnakant A. Pandat
EngineerKRISHNAKANT A. PANDAT

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/GANDHINAGAR/MANSA/Others/MAA07576/201020 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 2022
Engineer's certificate (Form 2)29 Dec 2022
Engineer's certificate annexure29 Dec 2022
Accountant's certificate (Form 3)29 Dec 2022
Site photograph, Block-A29 Dec 2022
Site photograph, Block-B29 Dec 2022
RERA registration certificate20 Oct 2020
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 Gandhinagar

60%of this project is bookeddistrict median 53%
16%of Gandhinagar projects moved their completion datethis one has not

Computed across the 1,600+ Gandhinagar projects on ReraGenie, from their own filings.

Keep NAVKAR COMMERCIAL COMPLEX AND FLATS 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 Mansa1,600+ in Gandhinagar

2 kmNAVKAR COMMERCIAL COMPLEOther 32Dot size: filed unitsN

Filed coordinates, straight-line distance. 32 registered projects within 2 km.

Builder: VED CORPORATION

VED CORPORATION has 2 registrations on GujRERA, including SHIVGANGA HEIGHTS and NAVKAR COMMERCIAL COMPLEX AND FLATS. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if NAVKAR COMMERCIAL COMPLEX AND FLATS is delayed beyond 31 Dec 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 NAVKAR COMMERCIAL COMPLEX AND FLATS?

The registered promoter entity is VED 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 NAVKAR COMMERCIAL COMPLEX AND FLATS?

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 NAVKAR COMMERCIAL COMPLEX AND FLATS?

The professionals named in the filing: Architect: Krishnakant A. Pandat; Engineer: KRISHNAKANT A. PANDAT. 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 NAVKAR COMMERCIAL COMPLEX AND FLATS?

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 NAVKAR COMMERCIAL COMPLEX AND FLATS. 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 NAVKAR COMMERCIAL COMPLEX AND FLATS 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.