ReraGenieLog inGet a buyer report

Home / Browse projects / Ahmedabad, Gujarat / PARSHWA RESIDENCY

Valid until 15 Mar 2019 Residential/Group Housing project

PARSHWA RESIDENCY

By N.B.DEVELOPERS

RG-GJ-20988 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00800/EX1/081018 · Last updated on GujRERA portal: 2 Mar 2019

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Mar 2019Possession promisedmoved 12 months from the original
7 of 7Construction stages doneevery applicable stage filed complete
Jump to the 36 documents Report an error

PARSHWA RESIDENCY is a Residential/Group Housing project by N.B.DEVELOPERS in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00800/EX1/081018 on 22 Nov 2017. Possession is promised by 15 Mar 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NamePARSHWA RESIDENCY
  • TypeResidential/Group Housing
  • Location
    • PARSHWA RESIDENCY
    • B/H. HANSPURA RESIDENCY
    • NARODA DEHGAM ROAD
    • SP RING ROAD
    • HANSPURA
    • NARODA
    • AHMEDABAD.
    • Hanspura
    • Ahmedabad City
    • Ahmedabad
    • 382330
  • Pincode382330
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00800/EX1/081018
  • ReraGenie IDRG-GJ-20988

Builder

  • NameN.B.DEVELOPERS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredNov 2017First promiseMar 2018Revised toMar 2019

Key facts

Registration and timeline

  • StatusValid until 15 Mar 2019
  • Registered on22 Nov 2017
  • Promised completion15 Mar 2019
  • Revised completionRevised to 15 Mar 2019 (originally 15 Mar 2018)
  • Buildings1 building record
  • Documents filed36 files

Current status

100.0%Of the estimated cost spent so far

Figures as on 2 Mar 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block A-----58

The full filing

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

Construction progress by building1

As on 2 Mar 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.

7 of 7 construction stages are filed complete.

Block A: 100% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
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 2 Mar 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 facilityProposedProgress
Internal roads and footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
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 requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesYes100%
Emergency evacuationNoNot applicable
Use of renewable energyYes100%
SecurityYes100%
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 area11,230 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 15.75 cr
Cost incurredRs 15.75 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
Block ANARs 15.75 crRs 15.75 cr

Certifying professionals and partners2

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

RoleName
ArchitectCREATIVE DESIGNS
EngineerMODI CONSULTANT

Extensions applied for1

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

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA00800/EX1/081018Applied Apr 2018; approved Oct 2018

Documents filed36

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/RAA00800/EX1/081018 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)2 Mar 2019
Engineer's certificate (Form 2)2 Mar 2019
Site photograph, Block A2 Mar 2019
RERA registration certificate22 Nov 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)-

How this compares with Ahmedabad

14%of Ahmedabad projects moved their completion datethis one moved by 12 months

Computed across the 5,400+ Ahmedabad projects on ReraGenie, from their own filings.

Keep PARSHWA RESIDENCY on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Hanspura5,400+ in Ahmedabad

2 kmPARSHWA RESIDENCYOther 281Dot size: filed unitsN

Filed coordinates, straight-line distance. 281 registered projects within 2 km.

Builder: N.B.DEVELOPERS

N.B.DEVELOPERS has 1 registration on GujRERA, including PARSHWA RESIDENCY. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if PARSHWA RESIDENCY is delayed beyond 15 Mar 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 PARSHWA RESIDENCY?

The registered promoter entity is N.B.DEVELOPERS, 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 PARSHWA 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 PARSHWA RESIDENCY?

The professionals named in the filing: Architect: CREATIVE DESIGNS; Engineer: MODI CONSULTANT. 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 PARSHWA 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.

Report an error Share feedback

Report an error or share feedback

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

We read every report. We cannot promise a reply to each one.

Save PARSHWA RESIDENCY to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.