Home / Browse projects / Valsad, Gujarat / Rikti Complex
Rikti Complex
RG-GJ-16575 · RERA PR/GJ/VALSAD/PARDI/Others/RAA06462/EX1/270923 · Last updated on GujRERA portal: 7 Mar 2023
Source: official GujRERA filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- Separate project account declared
Saved.
Rikti Complex is a Residential/Group Housing project by Rikti Corporation in Valsad, Gujarat, registered with GujRERA as PR/GJ/VALSAD/PARDI/Others/RAA06462/EX1/270923 on 12 Dec 2019. Possession is promised by 28 Feb 2024. The completion date has moved by 12 months from the original filing. 0 of the 20 units on this registration are recorded sold or booked, and 5 of 7 construction stages are filed complete.
At a glance
Project
- NameRikti Complex
- TypeResidential/Group Housing
- Location
- City Survey No. 1479/B
- Gayatri Society
- Near Phynayle Factory
- Near N.H. No. 8
- Killa Pardi
- Pardi
- Valsad
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR/GJ/VALSAD/PARDI/Others/RAA06462/EX1/270923
- ReraGenie IDRG-GJ-16575
Builder
- NameRikti Corporation
- Entity typePARTNERSHIP FIRM
Key dates
Key facts
Registration and timeline
- StatusValid until 28 Feb 2024
- Registered on12 Dec 2019
- Promised completion28 Feb 2024
- Revised completionRevised to 28 Feb 2024 (originally 28 Feb 2023)
- Buildings1 building record
- Documents filed41 files
Current status
Figures as on 7 Mar 2023, this project's latest GujRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Rikti Complex | - | - | - | 20 | 0 | 20 |
The full filing
Everything below is from the project's own GujRERA filing, free to read.
Construction progress by building1
As on 7 Mar 2023, 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.
5 of 7 construction stages are filed complete. The stage furthest along is Internal walls, at 80%.
Rikti Complex: 83% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 80% |
| Sanitary fittings within the flats | Not applicable |
| 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 | 0% |
Progress on shared amenities19
As on 7 Mar 2023, 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 | 0% |
| Street lighting | Yes | 100% |
| Community buildings | No | Not applicable |
| Treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation, rain water harvesting | No | Not applicable |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Fire fighting | Yes | 0% |
| Drinking water facilities | Yes | 0% |
| Emergency evacuation | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Security | No | Not applicable |
| Letter box | Yes | 0% |
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 |
|---|---|---|---|
| Rikti Complex | NA | Rs 2.19 cr | Rs 1.24 cr |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Kushkuvar Y. Shah |
| Engineer | Manish A. Shah |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
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/VALSAD/PARDI/Others/RAA06462/EX1/270923 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) | 7 Mar 2023 |
| Site photograph, Rikti Complex | 7 Mar 2023 |
| Engineer's certificate (Form 2) | 7 Jan 2023 |
| Engineer's certificate annexure | 7 Jan 2023 |
| Accountant's certificate (Form 3) | 7 Jan 2023 |
| RERA registration certificate | 12 Dec 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) | - |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Valsad
Computed across the 390+ Valsad projects on ReraGenie, from their own filings.
Keep Rikti Complex 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 Pardi390+ in Valsad
Filed coordinates, straight-line distance. 25 registered projects within 2 km.
Pramukh Sahaj
SAHAJ CORPORATION
PRAMUKH SOLITAIRE
SAHAJ HOMES LLP
Lake Paraside
LAKE PARADISE
APEX PARADISE
APEX BUILDCOM INDIA PRIVATE LIMITED
ODHAV KRUPA RESIDENCY
VALRAM CORPORATION
SUN SIGNATURE
ODHAVKRUPA DEVELOPERS
See every Valsad project, with the district possession charts
Builder: Rikti Corporation
Rikti Corporation has 1 registration on GujRERA, including Rikti Complex. Read the full track record. See more projects on the Valsad district page.
Frequently asked questions
What are my rights if Rikti Complex is delayed beyond 28 Feb 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 Rikti Complex?
The registered promoter entity is Rikti Corporation, 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 Rikti Complex?
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 Rikti Complex?
The professionals named in the filing: Architect: Kushkuvar Y. Shah; Engineer: Manish A. Shah. 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 Rikti Complex?
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; why the completion date was revised and what the new timeline depends on.
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