ReraGenieLog inGet a buyer report

Home / Browse projects / Rajkot, Gujarat / RATNAM ROYALS

Valid until 30 Sep 2021 Residential/Group Housing project

RATNAM ROYALS

By JIGNESH CREATION

RG-GJ-62261 · RERA PR/GJ/RAJKOT/RAJKOT/Others/RAA02714/220518 · Last updated on GujRERA portal: 4 Feb 2021

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Sep 2021Possession promisedno revision filed
36 of 36Construction stages doneacross 4 buildings; every applicable stage filed complete
0 of 75Units unsoldnot recorded sold or booked
Jump to the 41 documents Report an error

RATNAM ROYALS is a Residential/Group Housing project by JIGNESH CREATION in Rajkot, Gujarat, registered with GujRERA as PR/GJ/RAJKOT/RAJKOT/Others/RAA02714/220518 on 22 May 2018. Possession is promised by 30 Sep 2021. 75 of the 75 units on this registration are recorded sold or booked, and 36 of 36 construction stages are filed complete.

At a glance

Project

  • NameRATNAM ROYALS
  • TypeResidential/Group Housing
  • Location
    • Before Madhapar Over Bridge
    • Opp. Airtel Corporate Office
    • Near Reliance Office
    • Near Madhapar Circle 150 Ft. Ring Road
    • Madhapar
    • Rajkot
    • 360001
  • Pincode360001
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/RAJKOT/RAJKOT/Others/RAA02714/220518
  • ReraGenie IDRG-GJ-62261

Builder

  • NameJIGNESH CREATION
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredMay 2018PromisedSep 2021

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2021
  • Registered on22 May 2018
  • Promised completion30 Sep 2021
  • Revised completionNone
  • Buildings4 building records
  • Documents filed41 files

Current status

100%75 of 75 units booked
100.0%Of the estimated cost spent so far

Figures as on 4 Feb 2021, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
RATNAM ROYALS A-1---15015
RATNAM ROYALS A-2---20020
RATNAM ROYALS B-1---20020
RATNAM ROYALS B-2---20020

The full filing

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

Construction progress by building4

As on 4 Feb 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.

36 of 36 construction stages are filed complete across 4 buildings.

RATNAM ROYALS A-1100%
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%
RATNAM ROYALS A-2100%
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%
RATNAM ROYALS B-1100%
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%
RATNAM ROYALS B-2100%
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 4 Feb 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 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 area1,688 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 4.53 cr
Cost incurredRs 4.53 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
RATNAM ROYALS A-1NARs 1.13 crRs 1.13 cr
RATNAM ROYALS A-2NARs 1.13 crRs 1.13 cr
RATNAM ROYALS B-1NARs 1.13 crRs 1.13 cr
RATNAM ROYALS B-2NARs 1.13 crRs 1.13 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 filed41

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/RAA02714/220518 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)4 Feb 2021
Engineer's certificate (Form 2)4 Feb 2021
Engineer's certificate annexure4 Feb 2021
Accountant's certificate (Form 3)4 Feb 2021
Site photograph, RATNAM ROYALS A-14 Feb 2021
Site photograph, RATNAM ROYALS A-24 Feb 2021
Site photograph, RATNAM ROYALS B-14 Feb 2021
Site photograph, RATNAM ROYALS B-24 Feb 2021
RERA registration certificate22 May 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 RATNAM ROYALS 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 Madhapar1,800+ in Rajkot

2 kmRATNAM ROYALSOther 186Dot size: filed unitsN

Filed coordinates, straight-line distance. 186 registered projects within 2 km.

Builder: JIGNESH CREATION

JIGNESH CREATION has 1 registration on GujRERA, including RATNAM ROYALS. Read the full track record. See more projects on the Rajkot district page.

Frequently asked questions

What are my rights if RATNAM ROYALS is delayed beyond 30 Sep 2021?

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 RATNAM ROYALS?

The registered promoter entity is JIGNESH CREATION, 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 RATNAM ROYALS?

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 RATNAM ROYALS?

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 RATNAM ROYALS?

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 RATNAM ROYALS. 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 RATNAM ROYALS 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.