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Ratnaakar Verte
By Nishant Construction Private Limited
RG-GJ-09540 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA05316/250419 · Last updated on GujRERA portal: 20 Oct 2022
Source: official GujRERA filing
Red flags
- No red flags in this filing
Clear
- Completion date never moved
- Separate project account declared
Saved.
Ratnaakar Verte is a Mixed Development project by Nishant Construction Private Limited in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA05316/250419 on 25 Apr 2019. Possession is promised by 30 Jun 2024. 259 of the 298 units on this registration are recorded sold or booked, and 18 of 18 construction stages are filed complete.
At a glance
Project
- NameRatnaakar Verte
- TypeMixed Development
- Location
- Opp. SOBO center
- South Bopal
- Ahmedabad-380058
- Makarba
- Ahmedabad City
- Ahmedabad
- 380058
- Pincode380058
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA05316/250419
- ReraGenie IDRG-GJ-09540
Builder
- NameNishant Construction Private Limited
- Entity typeCOMPANY
- Other registrations2 more →
Key dates
Key facts
Registration and timeline
- StatusValid until 30 Jun 2024
- Registered on25 Apr 2019
- Promised completion30 Jun 2024
- Revised completionNone
- Buildings2 building records
- Documents filed45 files
Current status
Figures as on 20 Oct 2022, this project's latest GujRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A+B+C+D | - | - | - | 208 | 38 | 246 |
| E | - | - | - | 52 | 0 | 52 |
The full filing
Everything below is from the project's own GujRERA filing, free to read.
Construction progress by building2
As on 20 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.
18 of 18 construction stages are filed complete across 2 buildings.
A+B+C+D100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 100% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 100% |
E100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 100% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 100% |
Progress on shared amenities19
As on 20 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 facility | Proposed | Progress |
|---|---|---|
| Internal roads and footpaths | Yes | 100% |
| Water supply | Yes | 100% |
| Sewerage (chamber, lines, septic tank, STP) | Yes | 100% |
| Storm water drains | No | Not applicable |
| Landscaping and tree planting | Yes | 100% |
| Street lighting | Yes | 100% |
| Community buildings | No | Not applicable |
| Treatment and disposal of sewage and sullage water | Yes | 100% |
| Solid waste management and disposal | Yes | 100% |
| Water conservation, rain water harvesting | Yes | 100% |
| Energy management | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Fire fighting | Yes | 100% |
| Drinking water facilities | Yes | 100% |
| Emergency evacuation | No | Not applicable |
| Use of renewable energy | Yes | 100% |
| Security | Yes | 100% |
| Letter box | Yes | 100% |
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.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| A+B+C+D | NA | Rs 23.62 cr | Rs 23.62 cr |
| E | NA | Rs 23.62 cr | Rs 23.62 cr |
Documents filed45
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/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA05316/250419 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Architect's certificate (Form 1) | 20 Oct 2022 |
| Engineer's certificate (Form 2) | 20 Oct 2022 |
| Engineer's certificate annexure | 20 Oct 2022 |
| Accountant's certificate (Form 3) | 20 Oct 2022 |
| Site photograph, A+B+C+D | 20 Oct 2022 |
| Site photograph, A+B+C+D | 20 Oct 2022 |
| Site photograph, A+B+C+D | 20 Oct 2022 |
| Site photograph, A+B+C+D | 20 Oct 2022 |
| Site photograph, E | 20 Oct 2022 |
| RERA registration certificate | 25 Apr 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 | - |
| 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) | - |
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Builder: Nishant Construction Private Limited
Nishant Construction Private Limited has 3 registrations on GujRERA, including Ratnaakar Beaumonde and Richmond Grand Phase - II. Read the full track record. See more projects on the Ahmedabad district page.
Frequently asked questions
What are my rights if Ratnaakar Verte is delayed beyond 30 Jun 2024?
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 Ratnaakar Verte?
The registered promoter entity is Nishant Construction Private Limited, a company 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 Ratnaakar Verte?
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.
What should I check before booking in Ratnaakar Verte?
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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