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Home / Browse projects / Gandhinagar, Gujarat / Shagun 15

Valid until 30 Jun 2024 Residential/Group Housing project

Shagun 15

By RIDDHI SIDDHI DEVELOPERS

RG-GJ-58389 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/RAA05191/020419 · Last updated on GujRERA portal: 29 Jun 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Jun 2024Possession promisedno revision filed
24 of 27Construction stages doneacross 3 buildings; furthest along: Plinth, 0%
0 of 15Units unsoldnot recorded sold or booked
Jump to the 43 documents Report an error

Shagun 15 is a Residential/Group Housing project by RIDDHI SIDDHI DEVELOPERS in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/RAA05191/020419 on 2 Apr 2019. Possession is promised by 30 Jun 2024. 15 of the 15 units on this registration are recorded sold or booked, and 24 of 27 construction stages are filed complete.

At a glance

Project

  • NameShagun 15
  • TypeResidential/Group Housing
  • Location
    • T.P. 19
    • FP.No.219
    • RAYSAN
    • Raysan
    • Gandhinagar
    • 382355
  • Pincode382355
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/RAA05191/020419
  • ReraGenie IDRG-GJ-58389

Builder

  • NameRIDDHI SIDDHI DEVELOPERS
  • Entity typePARTNERSHIP FIRM
  • Other registrations2 more →
  • Past their filed date3

Key dates

this monthRegisteredApr 2019PromisedJun 2024

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2024
  • Registered on2 Apr 2019
  • Promised completion30 Jun 2024
  • Revised completionNone
  • Buildings3 building records
  • Documents filed43 files

Current status

100%15 of 15 units booked
100.0%Of the estimated cost spent so far

Figures as on 29 Jun 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---101
B---606
C---808

The full filing

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

Construction progress by building3

As on 29 Jun 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.

24 of 27 construction stages are filed complete across 3 buildings. The stage furthest along is Plinth, at 0%.

A89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth0%
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%
B89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth0%
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%
C89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth0%
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%

Progress on shared amenities19

As on 29 Jun 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 footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes100%
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
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 area2,434 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 7.30 cr
Cost incurredRs 7.30 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 2.43 crRs 2.43 cr
BNARs 2.43 crRs 2.43 cr
CNARs 2.43 crRs 2.43 cr

Certifying professionals and partners2

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

RoleName
ArchitectMR Arpit Shah
EngineerMr.Deepak Chothani

Documents filed43

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/RAA05191/020419 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Accountant's certificate (Form 3)29 Jun 2024
Engineer's certificate (Form 2)28 Jun 2024
Engineer's certificate annexure28 Jun 2024
Architect's certificate (Form 1)27 Jun 2024
Site photograph, A26 Jun 2024
Site photograph, B26 Jun 2024
Site photograph, C26 Jun 2024
RERA registration certificate2 Apr 2019
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 has not

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

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Other projects near Raysan1,600+ in Gandhinagar

2 kmShagun 15Other 175Dot size: filed unitsN

Filed coordinates, straight-line distance. 175 registered projects within 2 km.

Builder: RIDDHI SIDDHI DEVELOPERS

RIDDHI SIDDHI DEVELOPERS has 3 registrations on GujRERA, including Shagun 15 and Shagun 12. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if Shagun 15 is delayed beyond 30 Jun 2024?

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 Shagun 15?

The registered promoter entity is RIDDHI SIDDHI 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 Shagun 15?

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 Shagun 15?

The professionals named in the filing: Architect: MR Arpit Shah; Engineer: Mr.Deepak Chothani. 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 Shagun 15?

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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