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Valid until 30 Nov 2022 Residential/Group Housing project

RACECOURSE BUNGALOWS

By RACECOURSE ENTERPRISE

RG-GJ-44827 · RERA PR/GJ/RAJKOT/RAJKOT/Others/RAA07142/150620 · Last updated on GujRERA portal: 6 Apr 2021

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Nov 2022Possession promisedno revision filed
14 of 14Construction stages doneacross 2 buildings; every applicable stage filed complete
2 of 15Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

RACECOURSE BUNGALOWS is a Residential/Group Housing project by RACECOURSE ENTERPRISE in Rajkot, Gujarat, registered with GujRERA as PR/GJ/RAJKOT/RAJKOT/Others/RAA07142/150620 on 15 Jun 2020. Possession is promised by 30 Nov 2022. 13 of the 15 units on this registration are recorded sold or booked, and 14 of 14 construction stages are filed complete.

At a glance

Project

  • NameRACECOURSE BUNGALOWS
  • TypeResidential/Group Housing
  • Location
    • OPP VARDHAMAN NAGAR
    • NEAR NEW RACECOUSE NEW 150 FEET RING ROAD
    • Ghanteshvar
    • Rajkot
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/RAJKOT/RAJKOT/Others/RAA07142/150620
  • ReraGenie IDRG-GJ-44827

Builder

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

Key dates

this monthRegisteredJun 2020PromisedNov 2022

Key facts

Registration and timeline

  • StatusValid until 30 Nov 2022
  • Registered on15 Jun 2020
  • Promised completion30 Nov 2022
  • Revised completionNone
  • Buildings2 building records
  • Documents filed42 files

Current status

87%13 of 15 units booked
100.0%Of the estimated cost spent so far

Figures as on 6 Apr 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
43-46---707
47-51---808

The full filing

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

Construction progress by building2

As on 6 Apr 2021, 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.

14 of 14 construction stages are filed complete across 2 buildings.

43-46100%
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%
47-51100%
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 6 Apr 2021, 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 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
SecurityYes100%
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 area1,235 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 1.50 cr
Cost incurredRs 1.50 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
43-46NARs 75.00 lakhRs 75.00 lakh
47-51NARs 75.00 lakhRs 75.00 lakh

Certifying professionals and partners2

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

RoleName
ArchitectJATIN PARMAR
EngineerKIRAN SOLANKI

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/RAA07142/150620 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)6 Apr 2021
Engineer's certificate (Form 2)6 Apr 2021
Engineer's certificate annexure6 Apr 2021
Accountant's certificate (Form 3)6 Apr 2021
Site photograph, 43-466 Apr 2021
Site photograph, 47-516 Apr 2021
RERA registration certificate15 Jun 2020
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-
Title clearance certificate-
Title report-
Property card-
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

87%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 Ghanteshvar1,800+ in Rajkot

2 kmRACECOURSE BUNGALOWSOther 99Dot size: filed unitsN

Filed coordinates, straight-line distance. 99 registered projects within 2 km.

Builder: RACECOURSE ENTERPRISE

RACECOURSE ENTERPRISE has 2 registrations on GujRERA, including RACECOURSE BUNGALOWS and RACECOURSE BUNGALOWS - 1. Read the full track record. See more projects on the Rajkot district page.

Frequently asked questions

What are my rights if RACECOURSE BUNGALOWS is delayed beyond 30 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 RACECOURSE BUNGALOWS?

The registered promoter entity is RACECOURSE 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 RACECOURSE BUNGALOWS?

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 RACECOURSE BUNGALOWS?

The professionals named in the filing: Architect: JATIN PARMAR; Engineer: KIRAN SOLANKI. 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 RACECOURSE BUNGALOWS?

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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