ReraGenieLog inGet a buyer report

Home / Browse projects / Rajkot, Gujarat / RACE COURSE GARDENIA

Valid until 31 Mar 2020 Residential/Group Housing project

RACE COURSE GARDENIA

By RAJRATNA ENTERPRISE

RG-GJ-42924 · RERA PR/GJ/RAJKOT/RAJKOT/Others/RAA01984/130318 · Last updated on GujRERA portal: 11 Jun 2020

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Mar 2020Possession promisedno revision filed
18 of 18Construction stages doneacross 2 buildings; every applicable stage filed complete
0 of 40Units unsoldnot recorded sold or booked
Jump to the 39 documents Report an error

RACE COURSE GARDENIA is a Residential/Group Housing project by RAJRATNA ENTERPRISE in Rajkot, Gujarat, registered with GujRERA as PR/GJ/RAJKOT/RAJKOT/Others/RAA01984/130318 on 13 Mar 2018. Possession is promised by 31 Mar 2020. 40 of the 40 units on this registration are recorded sold or booked, and 18 of 18 construction stages are filed complete.

At a glance

Project

  • NameRACE COURSE GARDENIA
  • TypeResidential/Group Housing
  • Location
    • GHANTESHWAR
    • OPP. SRP CAMP
    • NEW 150 FT RING ROAD
    • VARDHAMAN NAGAR
    • Ghanteshwar
    • Rajkot
    • 360006
  • Pincode360006
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/RAJKOT/RAJKOT/Others/RAA01984/130318
  • ReraGenie IDRG-GJ-42924

Builder

  • NameRAJRATNA ENTERPRISE
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredMar 2018PromisedMar 2020

Key facts

Registration and timeline

  • StatusValid until 31 Mar 2020
  • Registered on13 Mar 2018
  • Promised completion31 Mar 2020
  • Revised completionNone
  • Buildings2 building records
  • Documents filed39 files

Current status

100%40 of 40 units booked
100.0%Of the estimated cost spent so far

Figures as on 11 Jun 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Race Course Gardenia A---20020
Race Course Gardenia B---20020

The full filing

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

Construction progress by building2

As on 11 Jun 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.

18 of 18 construction stages are filed complete across 2 buildings.

Race Course Gardenia 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%
Race Course Gardenia B100%
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 11 Jun 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 footpathsNoNot applicable
Water supplyNoNot applicable
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
Landscaping and tree plantingYes100%
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 stationYes100%
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 area975 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 2.59 cr
Cost incurredRs 2.59 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
Race Course Gardenia ANARs 1.29 crRs 1.29 cr
Race Course Gardenia BNARs 1.29 crRs 1.29 cr

Certifying professionals and partners2

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

RoleName
ArchitectCHETAN PANCHOLI
EngineerCHETAN SAYANI

Documents filed39

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/RAA01984/130318 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)11 Jun 2020
Engineer's certificate (Form 2)11 Jun 2020
Engineer's certificate annexure11 Jun 2020
Accountant's certificate (Form 3)11 Jun 2020
Site photograph, Race Course Gardenia A11 Jun 2020
Site photograph, Race Course Gardenia B11 Jun 2020
RERA registration certificate13 Mar 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

100%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.

Keep RACE COURSE GARDENIA 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 Ghanteshwar1,800+ in Rajkot

2 kmRACE COURSE GARDENIAOther 60Dot size: filed unitsN

Filed coordinates, straight-line distance. 60 registered projects within 2 km.

Builder: RAJRATNA ENTERPRISE

RAJRATNA ENTERPRISE has 2 registrations on GujRERA, including RAJRATNA RESIDENCY and RACE COURSE GARDENIA. Read the full track record. See more projects on the Rajkot district page.

Frequently asked questions

What are my rights if RACE COURSE GARDENIA is delayed beyond 31 Mar 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 RACE COURSE GARDENIA?

The registered promoter entity is RAJRATNA ENTERPRISE, 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 RACE COURSE GARDENIA?

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 RACE COURSE GARDENIA?

The professionals named in the filing: Architect: CHETAN PANCHOLI; Engineer: CHETAN SAYANI. 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 RACE COURSE GARDENIA?

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.

Report an error Share feedback

Report an error or share feedback

About RACE COURSE GARDENIA. 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 RACE COURSE GARDENIA 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.