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Valid until 30 Sep 2022 Residential/Group Housing project

Satvik Bunglows

By Satvik Developers

RG-GJ-31309 · RERA PR/GJ/GANDHINAGAR/KALOL/AUDA/RAA08142/EX1/240522 · Last updated on GujRERA portal: 26 Jul 2022

Source: official GujRERA filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2022Possession promisedmoved 6 months from the original
24 of 24Construction stages doneacross 4 buildings; every applicable stage filed complete
0 of 16Units unsoldnot recorded sold or booked
Jump to the 44 documents Report an error

Satvik Bunglows is a Residential/Group Housing project by Satvik Developers in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/KALOL/AUDA/RAA08142/EX1/240522 on 4 Mar 2021. Possession is promised by 30 Sep 2022. The completion date has moved by 6 months from the original filing. 16 of the 16 units on this registration are recorded sold or booked, and 24 of 24 construction stages are filed complete.

At a glance

Project

  • NameSatvik Bunglows
  • TypeResidential/Group Housing
  • Location
    • Satvik Bunglows
    • Near Govind Bunglows
    • B/h D- Mart
    • New Panchvati Area
    • Kalol.
    • Kalol
    • Gandhinagar
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/KALOL/AUDA/RAA08142/EX1/240522
  • ReraGenie IDRG-GJ-31309

Builder

  • NameSatvik Developers
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredMar 2021First promiseMar 2022Revised toSep 2022

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2022
  • Registered on4 Mar 2021
  • Promised completion30 Sep 2022
  • Revised completionRevised to 30 Sep 2022 (originally 31 Mar 2022)
  • Buildings4 building records
  • Documents filed44 files

Current status

100%16 of 16 units booked
100.0%Of the estimated cost spent so far

Figures as on 26 Jul 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK-A---404
BLOCK-B---404
BLOCK-C---404
BLOCK-D---404

The full filing

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

Construction progress by building4

As on 26 Jul 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.

24 of 24 construction stages are filed complete across 4 buildings.

BLOCK-A100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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-D100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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 26 Jul 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 facilityProposedProgress
Internal roads and footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
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 stationNoNot applicable
Fire fightingNoNot applicable
Drinking water facilitiesYes100%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes100%
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 area2,211 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 2.25 cr
Cost incurredRs 2.25 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
BLOCK-ANARs 56.25 lakhRs 56.25 lakh
BLOCK-BNARs 56.25 lakhRs 56.25 lakh
BLOCK-CNARs 56.25 lakhRs 56.25 lakh
BLOCK-DNARs 56.25 lakhRs 56.25 lakh

Certifying professionals and partners2

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

RoleName
ArchitectK.C Patel
EngineerAarti Patel

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

PR/GJ/GANDHINAGAR/KALOL/AUDA/RAA08142/EX1/240522Applied Mar 2022; approved May 2022

Documents filed44

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/GANDHINAGAR/KALOL/AUDA/RAA08142/EX1/240522 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)26 Jul 2022
Engineer's certificate (Form 2)26 Jul 2022
Engineer's certificate annexure26 Jul 2022
Accountant's certificate (Form 3)26 Jul 2022
Site photograph, BLOCK-A26 Jul 2022
Site photograph, BLOCK-B26 Jul 2022
Site photograph, BLOCK-C26 Jul 2022
Site photograph, BLOCK-D26 Jul 2022
RERA registration certificate4 Mar 2021
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)-

How this compares with Gandhinagar

100%of this project is bookeddistrict median 53%
16%of Gandhinagar projects moved their completion datethis one moved by 6 months

Computed across the 1,600+ Gandhinagar projects on ReraGenie, from their own filings.

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Other projects near Gandhinagar1,600+ in Gandhinagar

2 kmSatvik BunglowsOther 63Dot size: filed unitsN

Filed coordinates, straight-line distance. 63 registered projects within 2 km.

Builder: Satvik Developers

Satvik Developers has 1 registration on GujRERA, including Satvik Bunglows. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if Satvik Bunglows is delayed beyond 30 Sep 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 Satvik Bunglows?

The registered promoter entity is Satvik 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 Satvik Bunglows?

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 Satvik Bunglows?

The professionals named in the filing: Architect: K.C Patel; Engineer: Aarti Patel. 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 Satvik Bunglows?

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.

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