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Valid until 30 Jun 2023 Residential/Group Housing project

PARKSHIRE

By SHASHWAT INFRASPACE

RG-GJ-88721 · RERA PR/GJ/VADODARA/VADODARA/Others/RAA01078/EX1/240522 · Last updated on GujRERA portal: 29 Jun 2023

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Jun 2023Possession promisedmoved 12 months from the original
12 of 16Construction stages doneacross 2 buildings; furthest along: Sanitary fittings within the flats, 90%
11 of 176Units unsoldnot recorded sold or booked
Jump to the 50 documents Report an error

PARKSHIRE is a Residential/Group Housing project by SHASHWAT INFRASPACE in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/RAA01078/EX1/240522 on 21 Dec 2017. Possession is promised by 30 Jun 2023. The completion date has moved by 12 months from the original filing. 165 of the 176 units on this registration are recorded sold or booked, and 12 of 16 construction stages are filed complete.

At a glance

Project

  • NamePARKSHIRE
  • TypeResidential/Group Housing
  • Location
    • KELANPUR
    • VADODARA - DABHOI MAIN ROAD
    • Kelanpur
    • Vadodara
    • 390004
  • Pincode390004
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/RAA01078/EX1/240522
  • ReraGenie IDRG-GJ-88721

Builder

  • NameSHASHWAT INFRASPACE
  • Entity typePARTNERSHIP FIRM
  • Other registrations2 more →

Key dates

this monthRegisteredDec 2017First promiseJun 2022Revised toJun 2023

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2023
  • Registered on21 Dec 2017
  • Promised completion30 Jun 2023
  • Revised completionRevised to 30 Jun 2023 (originally 30 Jun 2022)
  • Buildings2 building records
  • Documents filed50 files

Current status

94%165 of 176 units booked
95.8%Of the estimated cost spent so far

Figures as on 29 Jun 2023, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TYPE A---91091
TYPE B---85085

The full filing

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

Construction progress by building2

As on 29 Jun 2023, 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.

12 of 16 construction stages are filed complete across 2 buildings. The stage furthest along is Sanitary fittings within the flats, at 90%.

TYPE A98%
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 flats90%
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 finishing90%
TYPE B98%
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 flats90%
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 finishing90%

Progress on shared amenities19

As on 29 Jun 2023, 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 drainsNoNot applicable
Landscaping and tree plantingYes80%
Street lightingYes100%
Community buildingsYes90%
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes50%
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes0%
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 area26,618 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 21.75 cr
Cost incurredRs 20.83 cr
Spent of the estimate95.76%
BuildingWingEstimatedIncurred
TYPE ANARs 10.88 crRs 10.41 cr
TYPE BNARs 10.88 crRs 10.41 cr

Certifying professionals and partners1

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

RoleName
EngineerNITIN SIDHPURA

Extensions applied for1

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

PR/GJ/VADODARA/VADODARA/Others/RAA01078/EX1/240522Applied Apr 2022; approved May 2022

Documents filed50

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/RAA01078/EX1/240522 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)29 Jun 2023
Engineer's certificate (Form 2)29 Jun 2023
Engineer's certificate annexure29 Jun 2023
Accountant's certificate (Form 3)29 Jun 2023
Site photograph, TYPE A29 Jun 2023
Site photograph, TYPE A29 Jun 2023
Site photograph, TYPE A29 Jun 2023
Site photograph, TYPE A29 Jun 2023
Site photograph, TYPE A29 Jun 2023
Site photograph, TYPE B29 Jun 2023
Site photograph, TYPE B29 Jun 2023
Site photograph, TYPE B29 Jun 2023
Site photograph, TYPE B29 Jun 2023
Site photograph, TYPE B29 Jun 2023
Site photograph, TYPE B29 Jun 2023
Site photograph, TYPE B29 Jun 2023
Site photograph, TYPE B29 Jun 2023
Site photograph, TYPE B29 Jun 2023
RERA registration certificate21 Dec 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-
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 Vadodara

94%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one moved by 12 months

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

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Other projects near Kelanpur2,900+ in Vadodara

2 kmPARKSHIREOther 13Dot size: filed unitsN

Filed coordinates, straight-line distance. 13 registered projects within 2 km.

Builder: SHASHWAT INFRASPACE

SHASHWAT INFRASPACE has 3 registrations on GujRERA, including PARKSHIRE and PARKREST. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if PARKSHIRE is delayed beyond 30 Jun 2023?

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 PARKSHIRE?

The registered promoter entity is SHASHWAT INFRASPACE, 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 PARKSHIRE?

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 PARKSHIRE?

The professionals named in the filing: Engineer: NITIN SIDHPURA. 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 PARKSHIRE?

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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