ReraGenieLog inGet a buyer report

Home / Browse projects / Ahmedabad, Gujarat / NAVRATNA CORPORATE PARK (NCP)

Valid until 30 Mar 2023 Commercial project

NAVRATNA CORPORATE PARK (NCP)

By NAVRATNA BUILDSPACE LLP

RG-GJ-11525 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA02348/120418 · Last updated on GujRERA portal: 23 Sep 2022

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Mar 2023Possession promisedno revision filed
25 of 27Construction stages doneacross 3 buildings; furthest along: Plinth, 0%
281 of 547Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

NAVRATNA CORPORATE PARK (NCP) is a Commercial project by NAVRATNA BUILDSPACE LLP in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA02348/120418 on 12 Apr 2018. Possession is promised by 30 Mar 2023. 266 of the 547 units on this registration are recorded sold or booked, and 25 of 27 construction stages are filed complete.

At a glance

Project

  • NameNAVRATNA CORPORATE PARK (NCP)
  • TypeCommercial
  • Location
    • AMBLI ROAD OPPOSITE DISHMAN HOUSE
    • JAYANTILAL PARK BRTS
    • Bodakdev
    • Ahmedabad City
    • Ahmedabad
    • 380058
  • Pincode380058
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA02348/120418
  • ReraGenie IDRG-GJ-11525

Builder

  • NameNAVRATNA BUILDSPACE LLP
  • Entity typeLIMITED LIABILITY PARTNERSHIP FIRM

Key dates

this monthRegisteredApr 2018PromisedMar 2023

Key facts

Registration and timeline

  • StatusValid until 30 Mar 2023
  • Registered on12 Apr 2018
  • Promised completion30 Mar 2023
  • Revised completionNone
  • Buildings3 building records
  • Documents filed40 files

Current status

49%266 of 547 units booked
79.3%Of the estimated cost spent so far

Figures as on 23 Sep 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---0179179
B---0368368
C------

The full filing

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

Construction progress by building3

As on 23 Sep 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.

25 of 27 construction stages are filed complete across 3 buildings. The stage furthest along is Plinth, at 0%.

A100%
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 tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
B100%
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 tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
C78%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
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 23 Sep 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 drainsYes100%
Landscaping and tree plantingYes100%
Street lightingYes100%
Community buildingsYes100%
Treatment and disposal of sewage and sullage waterYes100%
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 evacuationYes100%
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 area9,887 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 267.22 cr
Cost incurredRs 211.93 cr
Spent of the estimate79.31%
BuildingWingEstimatedIncurred
ANARs 89.07 crRs 70.64 cr
BNARs 89.07 crRs 70.64 cr
CNARs 89.07 crRs 70.64 cr

Certifying professionals and partners2

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

RoleName
ArchitectINI DESIGN STUDIO
EngineerANAL SHAH

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/CAA02348/120418 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)23 Sep 2022
Engineer's certificate (Form 2)23 Sep 2022
Engineer's certificate annexure23 Sep 2022
Accountant's certificate (Form 3)23 Sep 2022
Site photograph, A23 Sep 2022
Site photograph, B23 Sep 2022
Site photograph, C23 Sep 2022
RERA registration certificate12 Apr 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

49%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.

Keep NAVRATNA CORPORATE PARK (NCP) 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 Bodakdev5,400+ in Ahmedabad

2 kmNAVRATNA CORPORATE PARK Other 170Dot size: filed unitsN

Filed coordinates, straight-line distance. 170 registered projects within 2 km.

Builder: NAVRATNA BUILDSPACE LLP

NAVRATNA BUILDSPACE LLP has 1 registration on GujRERA, including NAVRATNA CORPORATE PARK (NCP). Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if NAVRATNA CORPORATE PARK (NCP) is delayed beyond 30 Mar 2023?

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 NAVRATNA CORPORATE PARK (NCP)?

The registered promoter entity is NAVRATNA BUILDSPACE LLP, a limited liability 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 NAVRATNA CORPORATE PARK (NCP)?

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 NAVRATNA CORPORATE PARK (NCP)?

The professionals named in the filing: Architect: INI DESIGN STUDIO; Engineer: ANAL SHAH. 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 NAVRATNA CORPORATE PARK (NCP)?

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 NAVRATNA CORPORATE PARK (NCP). 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 NAVRATNA CORPORATE PARK (NCP) 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.