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Valid until 30 Sep 2021 Residential/Group Housing project

NILKANTH VILLA

By KRUSHNA DEVELOPERS

RG-GJ-25485 · RERA PR/GJ/RAJKOT/RAJKOT/Others/RAA07089/030620 · Last updated on GujRERA portal: 7 Apr 2021

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Sep 2021Possession promisedno revision filed
7 of 9Construction stages donefurthest along: Plinth, 0%
3 of 20Units unsoldnot recorded sold or booked
Jump to the 41 documents Report an error

NILKANTH VILLA is a Residential/Group Housing project by KRUSHNA DEVELOPERS in Rajkot, Gujarat, registered with GujRERA as PR/GJ/RAJKOT/RAJKOT/Others/RAA07089/030620 on 3 Jun 2020. Possession is promised by 30 Sep 2021. 17 of the 20 units on this registration are recorded sold or booked, and 7 of 9 construction stages are filed complete.

At a glance

Project

  • NameNILKANTH VILLA
  • TypeResidential/Group Housing
  • Location
    • REVENUE SURVEY NO. 202/ PAIKI PLOT NO. 20
    • AMBICA TOWNSHIP
    • JIVRAJ PARK
    • MAVDI
    • Mavdi
    • Rajkot
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/RAJKOT/RAJKOT/Others/RAA07089/030620
  • ReraGenie IDRG-GJ-25485

Builder

  • NameKRUSHNA DEVELOPERS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredJun 2020PromisedSep 2021

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2021
  • Registered on3 Jun 2020
  • Promised completion30 Sep 2021
  • Revised completionNone
  • Buildings1 building record
  • Documents filed41 files

Current status

85%17 of 20 units booked
100.0%Of the estimated cost spent so far

Figures as on 7 Apr 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
NILKANTH VILLA---20020

The full filing

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

Construction progress by building1

As on 7 Apr 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.

7 of 9 construction stages are filed complete. The stage furthest along is Plinth, at 0%.

NILKANTH VILLA: 78% average across the applicable activities

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 7 Apr 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 footpathsNoNot applicable
Water supplyNoNot applicable
Sewerage (chamber, lines, septic tank, STP)NoNot applicable
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 requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes100%
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 area167 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 79.46 lakh
Cost incurredRs 79.46 lakh
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
NILKANTH VILLANARs 79.46 lakhRs 79.46 lakh

Certifying professionals and partners2

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

RoleName
ArchitectCHETAN PANCHOLI
EngineerMilan L. Pandya

Documents filed41

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/RAJKOT/RAJKOT/Others/RAA07089/030620 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)7 Apr 2021
Engineer's certificate (Form 2)7 Apr 2021
Engineer's certificate annexure7 Apr 2021
Accountant's certificate (Form 3)7 Apr 2021
Site photograph, NILKANTH VILLA7 Apr 2021
RERA registration certificate3 Jun 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 Rajkot

85%of this project is bookeddistrict median 56%
13%of Rajkot projects moved their completion datethis one has not

Computed across the 1,800+ Rajkot projects on ReraGenie, from their own filings.

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Other projects near Mavdi1,800+ in Rajkot

2 kmNILKANTH VILLAOther 401Dot size: filed unitsN

Filed coordinates, straight-line distance. 401 registered projects within 2 km.

Builder: KRUSHNA DEVELOPERS

KRUSHNA DEVELOPERS has 1 registration on GujRERA, including NILKANTH VILLA. Read the full track record. See more projects on the Rajkot district page.

Frequently asked questions

What are my rights if NILKANTH VILLA is delayed beyond 30 Sep 2021?

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 NILKANTH VILLA?

The registered promoter entity is KRUSHNA DEVELOPERS, 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 NILKANTH VILLA?

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 NILKANTH VILLA?

The professionals named in the filing: Architect: CHETAN PANCHOLI; Engineer: Milan L. Pandya. 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 NILKANTH VILLA?

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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