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Valid until 30 Sep 2020 Commercial project

PRAGYA

By ATS SAVVY DEVELOPERS LLP

RG-GJ-08975 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/CAA01006/131217 · Last updated on GujRERA portal: 27 Jan 2020

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Sep 2020Possession promisedno revision filed
6 of 9Construction stages donefurthest along: Sanitary fittings within the flats, 90%
170 of 170Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

PRAGYA is a Commercial project by ATS SAVVY DEVELOPERS LLP in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/CAA01006/131217 on 13 Dec 2017. Possession is promised by 30 Sep 2020. 0 of the 170 units on this registration are recorded sold or booked, and 6 of 9 construction stages are filed complete.

At a glance

Project

  • NamePRAGYA
  • TypeCommercial
  • Location
    • BLOCK-15/A
    • GIFT SEZ
    • GIFT CITY
    • GANDHINAGAR
    • Ratanpur
    • Gandhinagar
    • 382355
  • Pincode382355
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/CAA01006/131217
  • ReraGenie IDRG-GJ-08975

Builder

  • NameATS SAVVY DEVELOPERS LLP
  • Entity typeLIMITED LIABILITY PARTNERSHIP FIRM

Key dates

this monthRegisteredDec 2017PromisedSep 2020

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2020
  • Registered on13 Dec 2017
  • Promised completion30 Sep 2020
  • Revised completionNone
  • Buildings1 building record
  • Documents filed40 files

Current status

0%0 of 170 units booked
93.0%Of the estimated cost spent so far

Figures as on 27 Jan 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---0170170

The full filing

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

Construction progress by building1

As on 27 Jan 2020, 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.

6 of 9 construction stages are filed complete. The stage furthest along is Sanitary fittings within the flats, at 90%.

A: 85% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats75%
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 finishing100%

Progress on shared amenities19

As on 27 Jan 2020, 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 buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterYes100%
Solid waste management and disposalYes100%
Water conservation, rain water harvestingYes100%
Energy managementYes90%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesYes100%
Emergency evacuationYes100%
Use of renewable energyNoNot applicable
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 area3,422 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 56.25 cr
Cost incurredRs 52.31 cr
Spent of the estimate93.0%
BuildingWingEstimatedIncurred
ANARs 56.25 crRs 52.31 cr

Certifying professionals and partners2

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

RoleName
ArchitectCONCEPT-ARCHITECT HAFEEZ CONTRACTOR / INHOUSE ARCHITECT - VARUN JUNEJA- ATS SAVVY DEVELOPERS LLP
EngineerCE CON ENGG

Documents filed40

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/GANDHINAGAR/GANDHINAGAR/Others/CAA01006/131217 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Accountant's certificate (Form 3)27 Jan 2020
Architect's certificate (Form 1)24 Jan 2020
Engineer's certificate (Form 2)24 Jan 2020
Engineer's certificate annexure24 Jan 2020
Site photograph, A24 Jan 2020
Site photograph, A24 Jan 2020
Site photograph, A24 Jan 2020
RERA registration certificate13 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-
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 Gandhinagar

0%of this project is bookeddistrict median 53%
16%of Gandhinagar projects moved their completion datethis one has not

Computed across the 1,600+ Gandhinagar projects on ReraGenie, from their own filings.

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Other projects near Ratanpur1,600+ in Gandhinagar

2 kmPRAGYAOther 35Dot size: filed unitsN

Filed coordinates, straight-line distance. 35 registered projects within 2 km.

Builder: ATS SAVVY DEVELOPERS LLP

ATS SAVVY DEVELOPERS LLP has 1 registration on GujRERA, including PRAGYA. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if PRAGYA is delayed beyond 30 Sep 2020?

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 PRAGYA?

The registered promoter entity is ATS SAVVY DEVELOPERS LLP, a limited liability 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 PRAGYA?

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 PRAGYA?

The professionals named in the filing: Architect: CONCEPT-ARCHITECT HAFEEZ CONTRACTOR / INHOUSE ARCHITECT - VARUN JUNEJA- ATS SAVVY DEVELOPERS LLP; Engineer: CE CON ENGG. 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 PRAGYA?

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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