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Valid until 30 Sep 2022 Commercial project

NEPTUNE INDUSTRIAL PARK

By NEPUTNE ESTATE CORPORATION

RG-GJ-20833 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA05271/120419 · Last updated on GujRERA portal: 2 Nov 2020

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Sep 2022Possession promisedno revision filed
48 of 50Construction stages doneacross 6 buildings; furthest along: Stilt Floor, 0%
1 of 138Units unsoldnot recorded sold or booked
Jump to the 46 documents Report an error

NEPTUNE INDUSTRIAL PARK is a Commercial project by NEPUTNE ESTATE CORPORATION in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA05271/120419 on 12 Apr 2019. Possession is promised by 30 Sep 2022. 137 of the 138 units on this registration are recorded sold or booked, and 48 of 50 construction stages are filed complete.

At a glance

Project

  • NameNEPTUNE INDUSTRIAL PARK
  • TypeCommercial
  • Location
    • NEPTUNE INDUSTRIAL PARK
    • B/H ROYAL RESTAURANT
    • S. P. RING ROAD
    • ODHAV
    • AHMEDABAD
    • Odhav
    • Ahmedabad City
    • Ahmedabad
    • 382415
  • Pincode382415
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA05271/120419
  • ReraGenie IDRG-GJ-20833

Builder

  • NameNEPUTNE ESTATE CORPORATION
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredApr 2019PromisedSep 2022

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2022
  • Registered on12 Apr 2019
  • Promised completion30 Sep 2022
  • Revised completionNone
  • Buildings6 building records
  • Documents filed46 files

Current status

99%137 of 138 units booked
100.0%Of the estimated cost spent so far

Figures as on 2 Nov 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---0027
B---0025
C---0024
D---0024
E---0025
F---0013

The full filing

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

Construction progress by building6

As on 2 Nov 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.

48 of 50 construction stages are filed complete across 6 buildings. The stage furthest along is Stilt Floor, at 0%.

A89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
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%
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%
C89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
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%
D100%
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%
E100%
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%
F100%
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 2 Nov 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 drainsNoNot applicable
Landscaping and tree plantingYes100%
Street lightingNoNot applicable
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 requirementsNoNot applicable
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 area14,569 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 4.69 cr
Cost incurredRs 4.69 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 78.12 lakhRs 78.12 lakh
BNARs 78.12 lakhRs 78.12 lakh
CNARs 78.12 lakhRs 78.12 lakh
DNARs 78.12 lakhRs 78.12 lakh
ENARs 78.12 lakhRs 78.12 lakh
FNARs 78.12 lakhRs 78.12 lakh

Certifying professionals and partners2

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

RoleName
ArchitectRAKESH K PRAJAPATI
EngineerAMITVIKRAM S. SHARMA

Documents filed46

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/CAA05271/120419 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)2 Nov 2020
Engineer's certificate (Form 2)2 Nov 2020
Engineer's certificate annexure2 Nov 2020
Accountant's certificate (Form 3)2 Nov 2020
Site photograph, A2 Nov 2020
Site photograph, B2 Nov 2020
Site photograph, C2 Nov 2020
Site photograph, D2 Nov 2020
Site photograph, E2 Nov 2020
Site photograph, F2 Nov 2020
RERA registration certificate12 Apr 2019
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 Ahmedabad

99%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 Odhav5,400+ in Ahmedabad

2 kmNEPTUNE INDUSTRIAL PARKOther 240Dot size: filed unitsN

Filed coordinates, straight-line distance. 240 registered projects within 2 km.

Builder: NEPUTNE ESTATE CORPORATION

NEPUTNE ESTATE CORPORATION has 1 registration on GujRERA, including NEPTUNE INDUSTRIAL PARK. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if NEPTUNE INDUSTRIAL PARK is delayed beyond 30 Sep 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 NEPTUNE INDUSTRIAL PARK?

The registered promoter entity is NEPUTNE ESTATE 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 NEPTUNE INDUSTRIAL PARK?

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 NEPTUNE INDUSTRIAL PARK?

The professionals named in the filing: Architect: RAKESH K PRAJAPATI; Engineer: AMITVIKRAM S. SHARMA. 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 NEPTUNE INDUSTRIAL PARK?

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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