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Valid until 27 Sep 2019 Plotted Development project

PREMSAGAR RESIDENCY

By Labhubhai Premjibhai Sonani & others

RG-GJ-34129 · RERA PR/GJ/BHAVNAGAR/BHAVNAGAR/Others/PAA04730/230119 · Last updated on GujRERA portal: 7 May 2019

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Jump to the 38 documents Report an error

PREMSAGAR RESIDENCY is a Plotted Development project by Labhubhai Premjibhai Sonani & others in Bhavnagar, Gujarat, registered with GujRERA as PR/GJ/BHAVNAGAR/BHAVNAGAR/Others/PAA04730/230119 on 23 Jan 2019. Possession is promised by 27 Sep 2019.

At a glance

Project

  • NamePREMSAGAR RESIDENCY
  • TypePlotted Development
  • Location
    • 150 FEET RING ROAD
    • R.S. No. 68/2/1
    • TARSAMIYA 12
    • Tarsamiya
    • Bhavnagar
    • 364002
  • Pincode364002
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/BHAVNAGAR/BHAVNAGAR/Others/PAA04730/230119
  • ReraGenie IDRG-GJ-34129

Builder

  • NameLabhubhai Premjibhai Sonani & others
  • Entity typeIndividual/Propritorship

Key dates

this monthRegisteredJan 2019PromisedSep 2019

Key facts

Registration and timeline

  • StatusValid until 27 Sep 2019
  • Registered on23 Jan 2019
  • Promised completion27 Sep 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed38 files

Current status

100.0%Of the estimated cost spent so far

Figures as on 7 May 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PREMSAGAR RESIDENCY-----12

The full filing

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

Construction progress by building1

As on 7 May 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.

PREMSAGAR RESIDENCY:

ActivityProgress
ExcavationNot applicable
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
Internal walls, internal plaster, floorings, doors and windows within flatsNot applicable
Sanitary fittings within the flatsNot applicable
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofingNot applicable
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishingNot applicable

Progress on shared amenities19

As on 7 May 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 buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationNoNot applicable
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
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 area5,241 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 7.72 lakh
Cost incurredRs 7.72 lakh
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
PREMSAGAR RESIDENCYNARs 7.72 lakhRs 7.72 lakh

Certifying professionals and partners1

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

RoleName
ArchitectALOK H BHATT

Documents filed38

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/BHAVNAGAR/BHAVNAGAR/Others/PAA04730/230119 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)7 May 2019
Engineer's certificate (Form 2)7 May 2019
Site photograph, PREMSAGAR RESIDENCY7 May 2019
Site photograph, PREMSAGAR RESIDENCY7 May 2019
Site photograph, PREMSAGAR RESIDENCY7 May 2019
RERA registration certificate23 Jan 2019
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 Bhavnagar

16%of Bhavnagar projects moved their completion datethis one has not

Computed across the 730+ Bhavnagar projects on ReraGenie, from their own filings.

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Other projects near Tarsamiya730+ in Bhavnagar

2 kmPREMSAGAR RESIDENCYOther 131Dot size: filed unitsN

Filed coordinates, straight-line distance. 131 registered projects within 2 km.

Builder: Labhubhai Premjibhai Sonani & others

Labhubhai Premjibhai Sonani & others has 1 registration on GujRERA, including PREMSAGAR RESIDENCY. Read the full track record. See more projects on the Bhavnagar district page.

Frequently asked questions

What are my rights if PREMSAGAR RESIDENCY is delayed beyond 27 Sep 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 PREMSAGAR RESIDENCY?

The registered promoter entity is Labhubhai Premjibhai Sonani & others, an individual/propritorship 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 PREMSAGAR 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 PREMSAGAR RESIDENCY?

The professionals named in the filing: Architect: ALOK H BHATT. 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 PREMSAGAR 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; 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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