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Valid until 30 Jun 2020 Residential/Group Housing project

SARANSH 03 N

By SAMVED DEVELOPERS

RG-GJ-21539 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA02510/260418 · Last updated on GujRERA portal: 7 Nov 2019

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Jun 2020Possession promisedno revision filed
8 of 8Construction stages doneevery applicable stage filed complete
1 of 10Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

SARANSH 03 N is a Residential/Group Housing project by SAMVED DEVELOPERS in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA02510/260418 on 26 Apr 2018. Possession is promised by 30 Jun 2020. 9 of the 10 units on this registration are recorded sold or booked, and 8 of 8 construction stages are filed complete.

At a glance

Project

  • NameSARANSH 03 N
  • TypeResidential/Group Housing
  • Location
    • SARANSH 03 N NR LALITA PARK NR EESHITA PARK
    • NAVRANGPURA AHMEDABAD 380058
    • Memnagar
    • Ahmedabad City
    • Ahmedabad
    • 380009
  • Pincode380009
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA02510/260418
  • ReraGenie IDRG-GJ-21539

Builder

  • NameSAMVED DEVELOPERS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredApr 2018PromisedJun 2020

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2020
  • Registered on26 Apr 2018
  • Promised completion30 Jun 2020
  • Revised completionNone
  • Buildings1 building record
  • Documents filed38 files

Current status

90%9 of 10 units booked
100.0%Of the estimated cost spent so far

Figures as on 7 Nov 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SARANSH 03 N---10010

The full filing

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

Construction progress by building1

As on 7 Nov 2019, 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.

8 of 8 construction stages are filed complete.

SARANSH 03 N: 100% average across the applicable activities

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%

Progress on shared amenities19

As on 7 Nov 2019, 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 supplyYes100%
Sewerage (chamber, lines, septic tank, STP)NoNot applicable
Storm water drainsNoNot applicable
Landscaping and tree plantingYes100%
Street lightingYes100%
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 area513 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 2.02 cr
Cost incurredRs 2.02 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
SARANSH 03 NNARs 2.02 crRs 2.02 cr

Documents filed38

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/RAA02510/260418 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)7 Nov 2019
Engineer's certificate (Form 2)7 Nov 2019
Engineer's certificate annexure7 Nov 2019
Accountant's certificate (Form 3)7 Nov 2019
Site photograph, SARANSH 03 N7 Nov 2019
RERA registration certificate26 Apr 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 Ahmedabad

90%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 Memnagar5,400+ in Ahmedabad

2 kmSARANSH 03 NOther 234Dot size: filed unitsN

Filed coordinates, straight-line distance. 234 registered projects within 2 km.

Builder: SAMVED DEVELOPERS

SAMVED DEVELOPERS has 1 registration on GujRERA, including SARANSH 03 N. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if SARANSH 03 N is delayed beyond 30 Jun 2020?

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 SARANSH 03 N?

The registered promoter entity is SAMVED DEVELOPERS, 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 SARANSH 03 N?

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 SARANSH 03 N?

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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