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Valid until 30 Apr 2027 Residential/Group Housing project

PANCHSHIL SUNDARAM

By ELITE YASHVI CONSTRUCTION

RG-GJ-35550 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA11520/270323 · Last updated on GujRERA portal: 6 Oct 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Apr 2027Possession promisedno revision filed
2 of 9Construction stages donefurthest along: Slabs of Super Structure, 80%
53 of 98Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

PANCHSHIL SUNDARAM is a Residential/Group Housing project by ELITE YASHVI CONSTRUCTION in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA11520/270323 on 27 Mar 2023. Possession is promised by 30 Apr 2027. 45 of the 98 units on this registration are recorded sold or booked, and 2 of 9 construction stages are filed complete.

At a glance

Project

  • NamePANCHSHIL SUNDARAM
  • TypeResidential/Group Housing
  • Location
    • NR PANCHRATNA FLAT MANIYASA SOCIETY
    • OPP SEVEN DAY SCHOOL LANE MANINAGAR
    • Ahmedabad City
    • Ahmedabad
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA11520/270323
  • ReraGenie IDRG-GJ-35550

Builder

  • NameELITE YASHVI CONSTRUCTION
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredMar 2023PromisedApr 2027

Key facts

Registration and timeline

  • StatusValid until 30 Apr 2027
  • Registered on27 Mar 2023
  • Promised completion30 Apr 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed38 files

Current status

46%45 of 98 units booked
51.7%Of the estimated cost spent so far

Figures as on 6 Oct 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A+B---98098

The full filing

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

Construction progress by building1

As on 6 Oct 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.

2 of 9 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 80%.

A+B: 45% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure80%
Internal walls, internal plaster, floorings, doors and windows within flats53%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks73%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%

Progress on shared amenities23

As on 6 Oct 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 footpathsYes0%
Water supplyYes30%
Sewerage (chamber, lines, septic tank, STP)Yes25%
Storm water drainsYes20%
Landscaping and tree plantingYes0%
Street lightingYes0%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes0%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingYes0%
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes0%
Letter boxYes0%
Compound wallYes0%
Plinth protectionYes0%
Water tankYes0%
Other requirementsYes0%

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 area2,471 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 11.80 cr
Cost incurredRs 6.10 cr
Spent of the estimate51.69%
BuildingWingEstimatedIncurred
A+BNARs 11.80 crRs 6.10 cr

Certifying professionals and partners2

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

RoleName
ArchitectKINJAL D SONI
EngineerJAPAN B SHAH

Documents filed38

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/RAA11520/270323 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)6 Oct 2024
Engineer's certificate annexure6 Oct 2024
RERA registration certificate27 Mar 2023
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

46%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 Ahmedabad5,400+ in Ahmedabad

2 kmPANCHSHIL SUNDARAMOther 102Dot size: filed unitsN

Filed coordinates, straight-line distance. 102 registered projects within 2 km.

Builder: ELITE YASHVI CONSTRUCTION

ELITE YASHVI CONSTRUCTION has 1 registration on GujRERA, including PANCHSHIL SUNDARAM. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if PANCHSHIL SUNDARAM is delayed beyond 30 Apr 2027?

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 PANCHSHIL SUNDARAM?

The registered promoter entity is ELITE YASHVI CONSTRUCTION, 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 PANCHSHIL SUNDARAM?

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 PANCHSHIL SUNDARAM?

The professionals named in the filing: Architect: KINJAL D SONI; Engineer: JAPAN B 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 PANCHSHIL SUNDARAM?

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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About PANCHSHIL SUNDARAM. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

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