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Valid until 31 Jul 2027 Mixed Development project

Satyamev Royal 5

By SHREE GAYATRI SATYAMEV REALTY PRIVATE LIMITED

RG-GJ-81313 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA10843/211022 · Last updated on GujRERA portal: 4 Oct 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Jul 2027Possession promisedno revision filed
18 of 27Construction stages doneacross 3 buildings; furthest along: Stilt Floor, 81%
312 of 424Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

Satyamev Royal 5 is a Mixed Development project by SHREE GAYATRI SATYAMEV REALTY PRIVATE LIMITED in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA10843/211022 on 21 Oct 2022. Possession is promised by 31 Jul 2027. 112 of the 424 units on this registration are recorded sold or booked, and 18 of 27 construction stages are filed complete.

At a glance

Project

  • NameSatyamev Royal 5
  • TypeMixed Development
  • Location
    • TP-16
    • Nr
    • Mahakaleshwar Temple
    • Opp. Shubh Business Park
    • Pethapur
    • Gandhinagar
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA10843/211022
  • ReraGenie IDRG-GJ-81313

Builder

  • NameSHREE GAYATRI SATYAMEV REALTY PRIVATE LIMITED
  • Entity typeCOMPANY

Key dates

this monthRegisteredOct 2022PromisedJul 2027

Key facts

Registration and timeline

  • StatusValid until 31 Jul 2027
  • Registered on21 Oct 2022
  • Promised completion31 Jul 2027
  • Revised completionNone
  • Buildings3 building records
  • Documents filed38 files

Current status

26%112 of 424 units booked
61.9%Of the estimated cost spent so far

Figures as on 4 Oct 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block A + B---7628104
Block C + D + E + F---1600160
Block G + H + I + J---1600160

The full filing

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

Construction progress by building3

As on 4 Oct 2024, 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.

18 of 27 construction stages are filed complete across 3 buildings. The stage furthest along is Stilt Floor, at 81%.

Block A + B66%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor38%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats38%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing20%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
Block C + D + E + F95%
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 waterproofing55%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
Block G + H + I + J82%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor81%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats66%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing45%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing50%

Progress on shared amenities23

As on 4 Oct 2024, 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 footpathsYes0%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes0%
Storm water drainsNoNot applicable
Landscaping and tree plantingYes0%
Street lightingYes60%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes0%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingNoNot applicable
Drinking water facilitiesYes0%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes0%
Letter boxYes0%
Compound wallYes100%
Plinth protectionYes0%
Water tankYes100%
Other requirementsYes0%

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 area8,089 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 accountNot declared
Estimated costRs 67.00 cr
Cost incurredRs 41.50 cr
Spent of the estimate61.94%
BuildingWingEstimatedIncurred
Block G + H + I + JNARs 25.59 crRs 14.57 cr
Block C + D + E + FNARs 25.01 crRs 17.59 cr
Block A + BNARs 16.40 crRs 9.33 cr

Certifying professionals and partners2

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

RoleName
ArchitectHK ARCHITECTS
EngineerBhavik R Patel

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/GANDHINAGAR/GANDHINAGAR/Others/MAA10843/211022 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Engineer's certificate (Form 2)4 Oct 2024
Engineer's certificate annexure4 Oct 2024
RERA registration certificate21 Oct 2022
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

26%of this project is bookeddistrict median 53%
16%of Gandhinagar projects moved their completion datethis one has not

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 kmSatyamev Royal 5Other 62Dot size: filed unitsN

Filed coordinates, straight-line distance. 62 registered projects within 2 km.

Builder: SHREE GAYATRI SATYAMEV REALTY PRIVATE LIMITED

SHREE GAYATRI SATYAMEV REALTY PRIVATE LIMITED has 1 registration on GujRERA, including Satyamev Royal 5. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if Satyamev Royal 5 is delayed beyond 31 Jul 2027?

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 Satyamev Royal 5?

The registered promoter entity is SHREE GAYATRI SATYAMEV REALTY PRIVATE 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 Satyamev Royal 5?

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 Satyamev Royal 5?

The professionals named in the filing: Architect: HK ARCHITECTS; Engineer: Bhavik R 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 Satyamev Royal 5?

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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