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Valid until 30 Jun 2021 Mixed Development project

OMKAR RESIDENCY

By MAHAVIR CORPORATION

RG-GJ-78613 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA04634/080119 · Last updated on GujRERA portal: 2 Feb 2021

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Jun 2021Possession promisedno revision filed
17 of 17Construction stages doneacross 2 buildings; every applicable stage filed complete
65 of 131Units unsoldnot recorded sold or booked
Jump to the 53 documents Report an error

OMKAR RESIDENCY is a Mixed Development project by MAHAVIR CORPORATION in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA04634/080119 on 8 Jan 2019. Possession is promised by 30 Jun 2021. 66 of the 131 units on this registration are recorded sold or booked, and 17 of 17 construction stages are filed complete.

At a glance

Project

  • NameOMKAR RESIDENCY
  • TypeMixed Development
  • Location
    • OMKAR RESIDENCY
    • OPP. BILESHWAR RESIDENCY
    • BH PANCHWATI PARTY PLOT
    • BAREJA CROSS ROAD
    • Bareja
    • Ahmedabad City
    • Ahmedabad
    • 382425
  • Pincode382425
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA04634/080119
  • ReraGenie IDRG-GJ-78613

Builder

  • NameMAHAVIR CORPORATION
  • Entity typePARTNERSHIP FIRM
  • Other registrations4 more →

Key dates

this monthRegisteredJan 2019PromisedJun 2021

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2021
  • Registered on8 Jan 2019
  • Promised completion30 Jun 2021
  • Revised completionNone
  • Buildings2 building records
  • Documents filed53 files

Current status

50%66 of 131 units booked
91.0%Of the estimated cost spent so far

Figures as on 2 Feb 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---56561
B---561470

The full filing

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

Construction progress by building2

As on 2 Feb 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.

17 of 17 construction stages are filed complete across 2 buildings.

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
PlinthNot applicable
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%

Progress on shared amenities19

As on 2 Feb 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 footpathsYes80%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes100%
Landscaping and tree plantingYes100%
Street lightingYes100%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
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
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 area4,667 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 7.50 cr
Cost incurredRs 6.83 cr
Spent of the estimate91.0%
BuildingWingEstimatedIncurred
ANARs 3.75 crRs 3.41 cr
BNARs 3.75 crRs 3.41 cr

Certifying professionals and partners2

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

RoleName
ArchitectVIRAL B PATEL
EngineerMANOJ L .KANANI

Documents filed53

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/MAA04634/080119 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 Feb 2021
Engineer's certificate (Form 2)2 Feb 2021
Engineer's certificate annexure2 Feb 2021
Accountant's certificate (Form 3)2 Feb 2021
Site photograph, A2 Feb 2021
Site photograph, A2 Feb 2021
Site photograph, A2 Feb 2021
Site photograph, A2 Feb 2021
Site photograph, A2 Feb 2021
Site photograph, A2 Feb 2021
Site photograph, A2 Feb 2021
Site photograph, A2 Feb 2021
Site photograph, B2 Feb 2021
Site photograph, B2 Feb 2021
Site photograph, B2 Feb 2021
Site photograph, B2 Feb 2021
Site photograph, B2 Feb 2021
Site photograph, B2 Feb 2021
Site photograph, B2 Feb 2021
Site photograph, B2 Feb 2021
RERA registration certificate8 Jan 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-
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

50%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 Bareja5,400+ in Ahmedabad

2 kmOMKAR RESIDENCYOther 22Dot size: filed unitsN

Filed coordinates, straight-line distance. 22 registered projects within 2 km.

Builder: MAHAVIR CORPORATION

MAHAVIR CORPORATION has 5 registrations on GujRERA, including CORNER POINT and OMKAR RESIDENCY. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if OMKAR RESIDENCY is delayed beyond 30 Jun 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 OMKAR RESIDENCY?

The registered promoter entity is MAHAVIR 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 OMKAR RESIDENCY?

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 OMKAR RESIDENCY?

The professionals named in the filing: Architect: VIRAL B PATEL; Engineer: MANOJ L .KANANI. 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 OMKAR RESIDENCY?

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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