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PARAM GREENS
RG-GJ-87443 · RERA PR/GJ/VADODARA/VADODARA/Others/MAA00368/EX1/071218 · Last updated on GujRERA portal: 7 Sep 2019
Source: official GujRERA filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- Separate project account declared
Saved.
PARAM GREENS is a Mixed Development project by AKSHAR CREATION in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/MAA00368/EX1/071218 on 7 Oct 2017. Possession is promised by 31 Oct 2019. The completion date has moved by 12 months from the original filing. 178 of the 190 units on this registration are recorded sold or booked, and 225 of 288 construction stages are filed complete.
At a glance
Project
- NamePARAM GREENS
- TypeMixed Development
- Location
- 30 MT. BILL CANAL ROAD
- ALTRADRA PADRA MAIN ROAD
- Bill
- Vadodara
- 391410
- Pincode391410
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR/GJ/VADODARA/VADODARA/Others/MAA00368/EX1/071218
- ReraGenie IDRG-GJ-87443
Builder
- NameAKSHAR CREATION
- Entity typePARTNERSHIP FIRM
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusValid until 31 Oct 2019
- Registered on7 Oct 2017
- Promised completion31 Oct 2019
- Revised completionRevised to 31 Oct 2019 (originally 31 Oct 2018)
- Buildings32 building records
- Documents filed70 files
Current status
Figures as on 7 Sep 2019, this project's latest GujRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| DUPLEX 12 | - | - | - | 1 | 0 | 1 |
| TOWER C | - | - | - | 22 | 15 | 37 |
| TRIPLEX 06 | - | - | - | 1 | 0 | 1 |
| DUPLEX 01 | - | - | - | 1 | 0 | 1 |
| DUPLEX 07 | - | - | - | 1 | 0 | 1 |
| DUPLEX 13 | - | - | - | 1 | 0 | 1 |
| TOWER D | - | - | - | 16 | 15 | 31 |
| TRIPLEX 07 | - | - | - | 1 | 0 | 1 |
| DUPLEX 02 | - | - | - | 1 | 0 | 1 |
| DUPLEX 08 | - | - | - | 1 | 0 | 1 |
| DUPLEX 14 | - | - | - | 1 | 0 | 1 |
| TRIPLEX 01 | - | - | - | 1 | 0 | 1 |
| TRIPLEX 08 | - | - | - | 1 | 0 | 1 |
| DUPLEX 03 | - | - | - | 1 | 0 | 1 |
| DUPLEX 09 | - | - | - | 1 | 0 | 1 |
| DUPLEX 15 | - | - | - | 1 | 0 | 1 |
| TRIPLEX 02 | - | - | - | 1 | 0 | 1 |
| TRIPLEX 09 | - | - | - | 1 | 0 | 1 |
| DUPLEX 04 | - | - | - | 1 | 0 | 1 |
| DUPLEX 10 | - | - | - | 1 | 0 | 1 |
| DUPLEX 16 | - | - | - | 1 | 0 | 1 |
| TRIPLEX 03 | - | - | - | 1 | 0 | 1 |
| TRIPLEX 10 | - | - | - | 1 | 0 | 1 |
| TOWER A | - | - | - | 24 | 22 | 46 |
| TRIPLEX 04 | - | - | - | 1 | 0 | 1 |
| TRIPLEX 11 | - | - | - | 1 | 0 | 1 |
| DUPLEX 05 | - | - | - | 1 | 0 | 1 |
| DUPLEX 11 | - | - | - | 1 | 0 | 1 |
| TOWER B | - | - | - | 24 | 24 | 48 |
| TRIPLEX 05 | - | - | - | 1 | 0 | 1 |
| TRIPLEX 12 | - | - | - | 1 | 0 | 1 |
| DUPLEX 06 | - | - | - | 1 | 0 | 1 |
The full filing
Everything below is from the project's own GujRERA filing, free to read.
Construction progress by building20
As on 7 Sep 2019, 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. The count above covers all 32 buildings; the table lists the first 20.
225 of 288 construction stages are filed complete across 32 buildings. The stage furthest along is Sanitary fittings within the flats, at 99%.
DUPLEX 12100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
TOWER C100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
TRIPLEX 06100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 01100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 07100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 13100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
TOWER D100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
TRIPLEX 07100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 02100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 08100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 14100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 99% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
TRIPLEX 01100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
TRIPLEX 08100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 03100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 09100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 15100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
TRIPLEX 02100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
TRIPLEX 09100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 04100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
DUPLEX 10100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 99% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 99% |
Progress on shared amenities19
As on 7 Sep 2019, 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 facility | Proposed | Progress |
|---|---|---|
| Internal roads and footpaths | Yes | 98% |
| Water supply | Yes | 100% |
| Sewerage (chamber, lines, septic tank, STP) | Yes | 100% |
| Storm water drains | Yes | 100% |
| Landscaping and tree planting | Yes | 100% |
| Street lighting | Yes | 100% |
| Community buildings | Yes | 100% |
| Treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation, rain water harvesting | Yes | 98% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 92% |
| Fire fighting | No | Not applicable |
| Drinking water facilities | Yes | 100% |
| Emergency evacuation | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Security | No | Not applicable |
| Letter box | Yes | 95% |
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.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| TOWER A | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| TRIPLEX 04 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| TRIPLEX 11 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| DUPLEX 05 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| DUPLEX 11 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| TOWER B | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| TRIPLEX 05 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| TRIPLEX 12 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| DUPLEX 06 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| DUPLEX 12 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| TOWER C | NA | Rs 23.44 lakh | Rs 23.43 lakh |
| TRIPLEX 06 | NA | Rs 23.44 lakh | Rs 23.43 lakh |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | RUCHIR SHETH |
| Engineer | ZARANA ASSOCIATES |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Documents filed70
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/VADODARA/VADODARA/Others/MAA00368/EX1/071218 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Accountant's certificate (Form 3) | 7 Sep 2019 |
| Architect's certificate (Form 1) | 17 Aug 2019 |
| Engineer's certificate (Form 2) | 17 Aug 2019 |
| Site photograph, DUPLEX 12 | 17 Aug 2019 |
| Site photograph, DUPLEX 01 | 17 Aug 2019 |
| Site photograph, DUPLEX 07 | 17 Aug 2019 |
| Site photograph, DUPLEX 02 | 17 Aug 2019 |
| Site photograph, DUPLEX 08 | 17 Aug 2019 |
| Site photograph, DUPLEX 03 | 17 Aug 2019 |
| Site photograph, DUPLEX 09 | 17 Aug 2019 |
| Site photograph, DUPLEX 04 | 17 Aug 2019 |
| Site photograph, DUPLEX 10 | 17 Aug 2019 |
| Site photograph, DUPLEX 11 | 17 Aug 2019 |
| Site photograph, DUPLEX 06 | 17 Aug 2019 |
| Site photograph, TOWER C | 16 Aug 2019 |
| Site photograph, TOWER C | 16 Aug 2019 |
| Site photograph, TRIPLEX 06 | 16 Aug 2019 |
| Site photograph, DUPLEX 13 | 16 Aug 2019 |
| Site photograph, TOWER D | 16 Aug 2019 |
| Site photograph, TOWER D | 16 Aug 2019 |
| Site photograph, TRIPLEX 07 | 16 Aug 2019 |
| Site photograph, DUPLEX 14 | 16 Aug 2019 |
| Site photograph, TRIPLEX 01 | 16 Aug 2019 |
| Site photograph, TRIPLEX 08 | 16 Aug 2019 |
| Site photograph, DUPLEX 15 | 16 Aug 2019 |
| Site photograph, TRIPLEX 02 | 16 Aug 2019 |
| Site photograph, TRIPLEX 09 | 16 Aug 2019 |
| Site photograph, DUPLEX 16 | 16 Aug 2019 |
| Site photograph, TRIPLEX 03 | 16 Aug 2019 |
| Site photograph, TRIPLEX 10 | 16 Aug 2019 |
| Site photograph, TOWER A | 16 Aug 2019 |
| Site photograph, TRIPLEX 04 | 16 Aug 2019 |
| Site photograph, TRIPLEX 11 | 16 Aug 2019 |
| Site photograph, DUPLEX 05 | 16 Aug 2019 |
| Site photograph, TOWER B | 16 Aug 2019 |
| Site photograph, TRIPLEX 05 | 16 Aug 2019 |
| Site photograph, TRIPLEX 12 | 16 Aug 2019 |
| RERA registration certificate | 7 Oct 2017 |
| 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) | - |
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See every Vadodara project, with the district possession charts
Builder: AKSHAR CREATION
AKSHAR CREATION has 2 registrations on GujRERA, including PARAM AVENUE and PARAM GREENS. Read the full track record. See more projects on the Vadodara district page.
Frequently asked questions
What are my rights if PARAM GREENS is delayed beyond 31 Oct 2019?
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 PARAM GREENS?
The registered promoter entity is AKSHAR CREATION, 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 PARAM GREENS?
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 PARAM GREENS?
The professionals named in the filing: Architect: RUCHIR SHETH; Engineer: ZARANA ASSOCIATES. 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 PARAM GREENS?
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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