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Valid until 30 Sep 2024 Residential/Group Housing project

PALLADIUM RESIDENCY

By PALLADIUM INFRA

RG-GJ-59591 · RERA PR/GJ/SURAT/SURAT CITY/SUDA/RAA05682/EX1/021123 · Last updated on GujRERA portal: 30 Sep 2024

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Nothing verified clear yet
Sep 2024Possession promisedmoved 12 months from the original
32 of 36Construction stages doneacross 4 buildings; furthest along: Stilt Floor, 0%
161 of 448Units unsoldnot recorded sold or booked
Jump to the 44 documents Report an error

PALLADIUM RESIDENCY is a Residential/Group Housing project by PALLADIUM INFRA in Surat, Gujarat, registered with GujRERA as PR/GJ/SURAT/SURAT CITY/SUDA/RAA05682/EX1/021123 on 10 Jul 2019. Possession is promised by 30 Sep 2024. The completion date has moved by 12 months from the original filing. 287 of the 448 units on this registration are recorded sold or booked, and 32 of 36 construction stages are filed complete.

At a glance

Project

  • NamePALLADIUM RESIDENCY
  • TypeResidential/Group Housing
  • Location
    • T.P.S NO:- 71 (VADOD)
    • F.P. NO:- 51/P
    • SUB PLOT-1
    • O.P.NO.51
    • BLOCK.NO.88
    • AT MOJE : VADOD
    • SURAT.
    • Vadod
    • Surat City
    • Surat
    • 395023
  • Pincode395023
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/SURAT/SURAT CITY/SUDA/RAA05682/EX1/021123
  • ReraGenie IDRG-GJ-59591

Builder

  • NamePALLADIUM INFRA
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredJul 2019First promiseSep 2023Revised toSep 2024

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2024
  • Registered on10 Jul 2019
  • Promised completion30 Sep 2024
  • Revised completionRevised to 30 Sep 2024 (originally 30 Sep 2023)
  • Buildings4 building records
  • Documents filed44 files

Current status

64%287 of 448 units booked
100.0%Of the estimated cost spent so far

Figures as on 30 Sep 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A+B---1120112
C+D---1120112
E+F---1120112
G+H---1120112

The full filing

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

Construction progress by building4

As on 30 Sep 2024, 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.

32 of 36 construction stages are filed complete across 4 buildings. The stage furthest along is Stilt Floor, at 0%.

A+B89%
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%
C+D89%
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%
E+F89%
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%
G+H89%
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%

Progress on shared amenities19

As on 30 Sep 2024, 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 waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes100%
Energy managementYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
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 area7,435 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 accountNot declared
Estimated costRs 61.64 cr
Cost incurredRs 61.64 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
E+FNARs 15.48 crRs 15.48 cr
A+BNARs 15.44 crRs 15.44 cr
C+DNARs 15.44 crRs 15.44 cr
G+HNARs 15.28 crRs 15.28 cr

Certifying professionals and partners2

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

RoleName
ArchitectTUSHAR H. SUTARIYA
EngineerJEMIN J. PATEL

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

PR/GJ/SURAT/SURAT CITY/SUDA/RAA05682/EX1/021123Applied Sep 2023; approved Nov 2023

Documents filed44

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/SURAT/SURAT CITY/SUDA/RAA05682/EX1/021123 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Engineer's certificate (Form 2)30 Sep 2024
Engineer's certificate annexure30 Sep 2024
Accountant's certificate (Form 3)30 Sep 2024
Architect's certificate (Form 1)27 Sep 2024
Site photograph, A+B27 Sep 2024
Site photograph, C+D27 Sep 2024
Site photograph, E+F27 Sep 2024
Site photograph, G+H27 Sep 2024
RERA registration certificate10 Jul 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 Surat

64%of this project is bookeddistrict median 39%
15%of Surat projects moved their completion datethis one moved by 12 months

Computed across the 2,600+ Surat projects on ReraGenie, from their own filings.

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Other projects near Vadod2,600+ in Surat

2 kmPALLADIUM RESIDENCYOther 58Dot size: filed unitsN

Filed coordinates, straight-line distance. 58 registered projects within 2 km.

Builder: PALLADIUM INFRA

PALLADIUM INFRA has 1 registration on GujRERA, including PALLADIUM RESIDENCY. Read the full track record. See more projects on the Surat district page.

Frequently asked questions

What are my rights if PALLADIUM RESIDENCY is delayed beyond 30 Sep 2024?

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 PALLADIUM RESIDENCY?

The registered promoter entity is PALLADIUM INFRA, 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 PALLADIUM 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 PALLADIUM RESIDENCY?

The professionals named in the filing: Architect: TUSHAR H. SUTARIYA; Engineer: JEMIN J. PATEL. 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 PALLADIUM 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; why the completion date was revised and what the new timeline depends on.

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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