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Valid until 1 Jul 2022 Mixed Development project

SAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY

By SAMRUDDHI CORPORATION

RG-GJ-69803 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA01160/A1M/280918 · Last updated on GujRERA portal: 6 Oct 2021

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Jul 2022Possession promisedno revision filed
42 of 44Construction stages doneacross 5 buildings; furthest along: Stilt Floor, 0%
69 of 273Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

SAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY is a Mixed Development project by SAMRUDDHI CORPORATION in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA01160/A1M/280918 on 30 Dec 2017. Possession is promised by 1 Jul 2022. 204 of the 273 units on this registration are recorded sold or booked, and 42 of 44 construction stages are filed complete.

At a glance

Project

  • NameSAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY
  • TypeMixed Development
  • Location
    • SAMRUDDHI BUSINESS HUB AND BUNGLOWS
    • NEAR RIG ROAD CIRCLE
    • HANSPURA NARODA
    • Muthiya
    • Ahmedabad City
    • Ahmedabad
    • 382330
  • Pincode382330
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA01160/A1M/280918
  • ReraGenie IDRG-GJ-69803

Builder

  • NameSAMRUDDHI CORPORATION
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredDec 2017PromisedJul 2022

Key facts

Registration and timeline

  • StatusValid until 1 Jul 2022
  • Registered on30 Dec 2017
  • Promised completion1 Jul 2022
  • Revised completionNone
  • Buildings5 building records
  • Documents filed42 files

Current status

75%204 of 273 units booked
100.0%Of the estimated cost spent so far

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

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK 1---0161161
BLOCK A---28028
BLOCK B---28028
BLOCK C---28028
BLOCK D---28028

The full filing

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

Construction progress by building5

As on 6 Oct 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.

42 of 44 construction stages are filed complete across 5 buildings. The stage furthest along is Stilt Floor, at 0%.

BLOCK 1100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
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%
BLOCK A89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
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%
BLOCK 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%
BLOCK C100%
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%
BLOCK D89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
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 Oct 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 buildingsYes100%
Treatment and disposal of sewage and sullage waterYes100%
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesYes100%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes100%
Letter boxYes100%

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 area7,042 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 36.00 cr
Cost incurredRs 36.00 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
BLOCK 1NARs 7.20 crRs 7.20 cr
BLOCK ANARs 7.20 crRs 7.20 cr
BLOCK BNARs 7.20 crRs 7.20 cr
BLOCK CNARs 7.20 crRs 7.20 cr
BLOCK DNARs 7.20 crRs 7.20 cr

Certifying professionals and partners2

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

RoleName
ArchitectKRUNAL K MISTRY
EngineerKETAN P JOSHI

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/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA01160/A1M/280918 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 Oct 2021
Engineer's certificate (Form 2)6 Oct 2021
Engineer's certificate annexure6 Oct 2021
Accountant's certificate (Form 3)6 Oct 2021
Site photograph, BLOCK 16 Oct 2021
Site photograph, BLOCK A6 Oct 2021
Site photograph, BLOCK B6 Oct 2021
Site photograph, BLOCK C6 Oct 2021
Site photograph, BLOCK D6 Oct 2021
RERA registration certificate30 Dec 2017
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 Ahmedabad

75%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one has not

Computed across the 5,400+ Ahmedabad projects on ReraGenie, from their own filings.

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Other projects near Muthiya5,400+ in Ahmedabad

2 kmSAMRUDDHI BUSINESS HUB &Other 273Dot size: filed unitsN

Filed coordinates, straight-line distance. 273 registered projects within 2 km.

Builder: SAMRUDDHI CORPORATION

SAMRUDDHI CORPORATION has 1 registration on GujRERA, including SAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if SAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY is delayed beyond 1 Jul 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 SAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY?

The registered promoter entity is SAMRUDDHI 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 SAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY?

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 SAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY?

The professionals named in the filing: Architect: KRUNAL K MISTRY; Engineer: KETAN P JOSHI. 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 SAMRUDDHI BUSINESS HUB & SAMRUDDHI SKY?

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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