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Valid until 7 Nov 2022 Residential/Group Housing project

R K ELEGANCE

By VENUS ASSOCIATES

RG-GJ-33649 · RERA PR/GJ/RAJKOT/RAJKOT/Others/RAA04500/281218 · Last updated on GujRERA portal: 7 Oct 2022

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Nov 2022Possession promisedno revision filed
43 of 45Construction stages doneacross 5 buildings; furthest along: Slabs of Super Structure, 80%
32 of 46Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

R K ELEGANCE is a Residential/Group Housing project by VENUS ASSOCIATES in Rajkot, Gujarat, registered with GujRERA as PR/GJ/RAJKOT/RAJKOT/Others/RAA04500/281218 on 28 Dec 2018. Possession is promised by 7 Nov 2022. 14 of the 46 units on this registration are recorded sold or booked, and 43 of 45 construction stages are filed complete.

At a glance

Project

  • NameR K ELEGANCE
  • TypeResidential/Group Housing
  • Location
    • R K ELEGANCE KANKOT SURVEY NO 15
    • OPP NYRAI DAM NEAR SITVAN KALAWAD ROAD RAJKOT
    • Rajkot
    • 360005
  • Pincode360005
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/RAJKOT/RAJKOT/Others/RAA04500/281218
  • ReraGenie IDRG-GJ-33649

Builder

  • NameVENUS ASSOCIATES
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredDec 2018PromisedNov 2022

Key facts

Registration and timeline

  • StatusValid until 7 Nov 2022
  • Registered on28 Dec 2018
  • Promised completion7 Nov 2022
  • Revised completionNone
  • Buildings5 building records
  • Documents filed42 files

Current status

30%14 of 46 units booked
99.2%Of the estimated cost spent so far

Figures as on 7 Oct 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
R K ELEGANCE WING A---10010
R K ELEGANCE WING B---606
R K ELEGANCE WING C---10010
R K ELEGANCE WING D---10010
R K ELEGANCE WING E---10010

The full filing

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

Construction progress by building5

As on 7 Oct 2022, 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.

43 of 45 construction stages are filed complete across 5 buildings. The stage furthest along is Slabs of Super Structure, at 80%.

R K ELEGANCE WING A100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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%
R K ELEGANCE WING B93%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure80%
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 finishing60%
R K ELEGANCE WING C100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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%
R K ELEGANCE WING D100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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%
R K ELEGANCE WING E100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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 7 Oct 2022, 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 footpathsNoNot applicable
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
Landscaping and tree plantingNoNot applicable
Street lightingNoNot applicable
Community buildingsNoNot applicable
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 stationNoNot applicable
Fire fightingNoNot applicable
Drinking water facilitiesYes50%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes0%
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 area1,886 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 accountNot declared
Estimated costRs 5.47 cr
Cost incurredRs 5.43 cr
Spent of the estimate99.18%
BuildingWingEstimatedIncurred
R K ELEGANCE WING ANARs 1.09 crRs 1.09 cr
R K ELEGANCE WING BNARs 1.09 crRs 1.09 cr
R K ELEGANCE WING CNARs 1.09 crRs 1.09 cr
R K ELEGANCE WING DNARs 1.09 crRs 1.09 cr
R K ELEGANCE WING ENARs 1.09 crRs 1.09 cr

Certifying professionals and partners2

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

RoleName
ArchitectCHETAN PANCHOLI
EngineerNILESH BHOJANI

Documents filed42

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/RAJKOT/RAJKOT/Others/RAA04500/281218 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 Oct 2022
Engineer's certificate (Form 2)7 Oct 2022
Engineer's certificate annexure7 Oct 2022
Accountant's certificate (Form 3)7 Oct 2022
Site photograph, R K ELEGANCE WING A7 Oct 2022
Site photograph, R K ELEGANCE WING B7 Oct 2022
Site photograph, R K ELEGANCE WING C7 Oct 2022
Site photograph, R K ELEGANCE WING D7 Oct 2022
Site photograph, R K ELEGANCE WING E7 Oct 2022
RERA registration certificate28 Dec 2018
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 Rajkot

30%of this project is bookeddistrict median 56%
13%of Rajkot projects moved their completion datethis one has not

Computed across the 1,800+ Rajkot projects on ReraGenie, from their own filings.

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Other projects near Rajkot1,800+ in Rajkot

2 kmR K ELEGANCEOther 7Dot size: filed unitsN

Filed coordinates, straight-line distance. 7 registered projects within 2 km.

Builder: VENUS ASSOCIATES

VENUS ASSOCIATES has 1 registration on GujRERA, including R K ELEGANCE. Read the full track record. See more projects on the Rajkot district page.

Frequently asked questions

What are my rights if R K ELEGANCE is delayed beyond 7 Nov 2022?

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 R K ELEGANCE?

The registered promoter entity is VENUS ASSOCIATES, 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 R K ELEGANCE?

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 R K ELEGANCE?

The professionals named in the filing: Architect: CHETAN PANCHOLI; Engineer: NILESH BHOJANI. 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 R K ELEGANCE?

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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