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Valid until 26 Aug 2021 Mixed Development project

PARAM ORBIT

By ARTH INFRA

RG-GJ-57745 · RERA PR/GJ/VADODARA/VADODARA/Others/MAA00859/291117 · Last updated on GujRERA portal: 18 Jun 2021

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Aug 2021Possession promisedno revision filed
64 of 64Construction stages doneacross 8 buildings; every applicable stage filed complete
20 of 240Units unsoldnot recorded sold or booked
Jump to the 16 documents Report an error

PARAM ORBIT is a Mixed Development project by ARTH INFRA in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/MAA00859/291117 on 29 Nov 2017. Possession is promised by 26 Aug 2021. 220 of the 240 units on this registration are recorded sold or booked, and 64 of 64 construction stages are filed complete.

At a glance

Project

  • NamePARAM ORBIT
  • TypeMixed Development
  • Location
    • BILL TP-1
    • OLD ATLADARA
    • BILL ROAD
    • VADODARA
    • Bill
    • Vadodara
    • 391410
  • Pincode391410
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/MAA00859/291117
  • ReraGenie IDRG-GJ-57745

Builder

  • NameARTH INFRA
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredNov 2017PromisedAug 2021

Key facts

Registration and timeline

  • StatusValid until 26 Aug 2021
  • Registered on29 Nov 2017
  • Promised completion26 Aug 2021
  • Revised completionNone
  • Buildings8 building records
  • Documents filed16 files

Current status

92%220 of 240 units booked
100.0%Of the estimated cost spent so far

Figures as on 18 Jun 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---141731
B---161127
C---161430
D---161632
E---141832
F---161026
G---241842
H---20020

The full filing

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

Construction progress by building8

As on 18 Jun 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.

64 of 64 construction stages are filed complete across 8 buildings.

A100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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
Plinth100%
Stilt FloorNot applicable
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%
C100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
D100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
E100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
F100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
G100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
H100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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 18 Jun 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 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 managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesYes100%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
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 area4,721 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 7.50 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 93.75 lakhRs 93.75 lakh
BNARs 93.75 lakhRs 93.75 lakh
CNARs 93.75 lakhRs 93.75 lakh
DNARs 93.75 lakhRs 93.75 lakh
ENARs 93.75 lakhRs 93.75 lakh
FNARs 93.75 lakhRs 93.75 lakh
GNARs 93.75 lakhRs 93.75 lakh
HNARs 93.75 lakhRs 93.75 lakh

Certifying professionals and partners2

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

RoleName
ArchitectRISHI ARCHITECT
EngineerASHOK SHAH AND ASSOCIATES

Documents filed16

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/MAA00859/291117 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)18 Jun 2021
Engineer's certificate (Form 2)18 Jun 2021
Engineer's certificate annexure18 Jun 2021
Accountant's certificate (Form 3)18 Jun 2021
Site photograph, A18 Jun 2021
Site photograph, B18 Jun 2021
Site photograph, C18 Jun 2021
Site photograph, D18 Jun 2021
Site photograph, E18 Jun 2021
Site photograph, F18 Jun 2021
Site photograph, G18 Jun 2021
Site photograph, H18 Jun 2021
RERA registration certificate29 Nov 2017
Project photograph-
Audited balance sheet (1 of 3)-
Audited balance sheet (2 of 3)-

How this compares with Vadodara

92%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one has not

Computed across the 2,900+ Vadodara projects on ReraGenie, from their own filings.

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Other projects near Bill2,900+ in Vadodara

2 kmPARAM ORBITOther 284Dot size: filed unitsN

Filed coordinates, straight-line distance. 284 registered projects within 2 km.

Builder: ARTH INFRA

ARTH INFRA has 2 registrations on GujRERA, including PARAM ORBIT and SAHARSH VIERA. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if PARAM ORBIT is delayed beyond 26 Aug 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 PARAM ORBIT?

The registered promoter entity is ARTH 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 PARAM ORBIT?

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 ORBIT?

The professionals named in the filing: Architect: RISHI ARCHITECT; Engineer: ASHOK SHAH AND 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 ORBIT?

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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