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Valid until 31 Jul 2019 Commercial project

SATYAM 64

By SATYAM DEVELOPERS LIMITED

RG-GJ-26666 · RERA PR/GJ/AHMEDABAD/DASKROI/AUDA/CAA00861/EX1/A1C/150219 · Last updated on GujRERA portal: 28 May 2019

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Jul 2019Possession promisedmoved 12 months from the original
8 of 8Construction stages doneevery applicable stage filed complete
Jump to the 36 documents Report an error

SATYAM 64 is a Commercial project by SATYAM DEVELOPERS LIMITED in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/DASKROI/AUDA/CAA00861/EX1/A1C/150219 on 29 Nov 2017. Possession is promised by 31 Jul 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSATYAM 64
  • TypeCommercial
  • Location
    • OPP. GUJARAT HIGH COURT
    • NR. RED CARPET CINEMA
    • S.G.HIGH WAY
    • Sola
    • Daskroi
    • Ahmedabad
    • 380061
  • Pincode380061
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/DASKROI/AUDA/CAA00861/EX1/A1C/150219
  • ReraGenie IDRG-GJ-26666

Builder

  • NameSATYAM DEVELOPERS LIMITED
  • Entity typeCOMPANY
  • Other registrations1 more →

Key dates

this monthRegisteredNov 2017First promiseJul 2018Revised toJul 2019

Key facts

Registration and timeline

  • StatusValid until 31 Jul 2019
  • Registered on29 Nov 2017
  • Promised completion31 Jul 2019
  • Revised completionRevised to 31 Jul 2019 (originally 31 Jul 2018)
  • Buildings1 building record
  • Documents filed36 files

Current status

100.0%Of the estimated cost spent so far

Figures as on 28 May 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ONE-----115

The full filing

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

Construction progress by building1

As on 28 May 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.

ONE: 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 28 May 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)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 disposalYes100%
Water conservation, rain water harvestingNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesNoNot applicable
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 area2,766 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 15.75 cr
Cost incurredRs 15.75 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ONENARs 15.75 crRs 15.75 cr

Certifying professionals and partners2

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

RoleName
ArchitectK B PARMAR
EngineerR G UPADHAYAY

Extensions applied for1

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

PR/GJ/AHMEDABAD/DASKROI/AUDA/CAA00861/EX1/171018Applied Jul 2018; approved Oct 2018

Documents filed36

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/DASKROI/AUDA/CAA00861/EX1/A1C/150219 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)28 May 2019
Engineer's certificate (Form 2)28 May 2019
Site photograph, ONE28 May 2019
RERA registration certificate29 Nov 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

14%of Ahmedabad projects moved their completion datethis one moved by 12 months

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

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Other projects near Sola5,400+ in Ahmedabad

2 kmSATYAM 64Other 150Dot size: filed unitsN

Filed coordinates, straight-line distance. 150 registered projects within 2 km.

Builder: SATYAM DEVELOPERS LIMITED

SATYAM DEVELOPERS LIMITED has 2 registrations on GujRERA, including SATYAM 64 and Satyam Skyline - II. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if SATYAM 64 is delayed beyond 31 Jul 2019?

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 SATYAM 64?

The registered promoter entity is SATYAM DEVELOPERS LIMITED, a company 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 SATYAM 64?

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 SATYAM 64?

The professionals named in the filing: Architect: K B PARMAR; Engineer: R G UPADHAYAY. 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 SATYAM 64?

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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