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Valid until 31 Mar 2022 Mixed Development project

Shashi Avenue

By Shubhlaxmi Developers

RG-GJ-64298 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA00957/A1M/EX1/261021 · Last updated on GujRERA portal: 10 Mar 2022

Source: official GujRERA filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • Separate project account declared
Mar 2022Possession promisedmoved 6 months from the original
27 of 27Construction stages doneacross 3 buildings; every applicable stage filed complete
67 of 208Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

Shashi Avenue is a Mixed Development project by Shubhlaxmi Developers in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA00957/A1M/EX1/261021 on 8 Dec 2017. Possession is promised by 31 Mar 2022. The completion date has moved by 6 months from the original filing. 141 of the 208 units on this registration are recorded sold or booked, and 27 of 27 construction stages are filed complete.

At a glance

Project

  • NameShashi Avenue
  • TypeMixed Development
  • Location
    • Shashi Avenue
    • Opp Manthan 222 Vatva
    • Vatva
    • Ahmedabad City
    • Ahmedabad
    • 382440
  • Pincode382440
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA00957/A1M/EX1/261021
  • ReraGenie IDRG-GJ-64298

Builder

  • NameShubhlaxmi Developers
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredDec 2017First promiseSep 2021Revised toMar 2022

Key facts

Registration and timeline

  • StatusValid until 31 Mar 2022
  • Registered on8 Dec 2017
  • Promised completion31 Mar 2022
  • Revised completionRevised to 31 Mar 2022 (originally 21 Sep 2021)
  • Buildings3 building records
  • Documents filed42 files

Current status

68%141 of 208 units booked
85.8%Of the estimated cost spent so far

Figures as on 10 Mar 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A+B---662086
C---35035
D+E---87087

The full filing

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

Construction progress by building3

As on 10 Mar 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.

27 of 27 construction stages are filed complete across 3 buildings.

A+B100%
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 waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
C100%
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 waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
D+E100%
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 waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%

Progress on shared amenities19

As on 10 Mar 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 drainsYes100%
Landscaping and tree plantingYes100%
Street lightingYes100%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes100%
Water conservation, rain water harvestingYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesYes100%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes100%
Letter boxYes100%

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 area4,492 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 11.62 cr
Cost incurredRs 9.97 cr
Spent of the estimate85.81%
BuildingWingEstimatedIncurred
A+BNARs 3.88 crRs 3.33 cr
CNARs 3.88 crRs 3.33 cr
D+ENARs 3.88 crRs 3.33 cr

Certifying professionals and partners2

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

RoleName
ArchitectManoj Bhai Kanani
EngineerBipin S Agrawal

Extensions applied for1

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

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA00957/A1M/EX1/261021Applied Sep 2021; approved Oct 2021

Documents filed42

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/MAA00957/A1M/EX1/261021 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)10 Mar 2022
Engineer's certificate (Form 2)10 Mar 2022
Engineer's certificate annexure10 Mar 2022
Accountant's certificate (Form 3)10 Mar 2022
Site photograph, A+B10 Mar 2022
Site photograph, A+B10 Mar 2022
Site photograph, C10 Mar 2022
Site photograph, D+E10 Mar 2022
Site photograph, D+E10 Mar 2022
RERA registration certificate8 Dec 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

68%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 6 months

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

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Other projects near Vatva5,400+ in Ahmedabad

2 kmShashi AvenueOther 191Dot size: filed unitsN

Filed coordinates, straight-line distance. 191 registered projects within 2 km.

Builder: Shubhlaxmi Developers

Shubhlaxmi Developers has 1 registration on GujRERA, including Shashi Avenue. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if Shashi Avenue is delayed beyond 31 Mar 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 Shashi Avenue?

The registered promoter entity is Shubhlaxmi 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 Shashi Avenue?

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 Shashi Avenue?

The professionals named in the filing: Architect: Manoj Bhai Kanani; Engineer: Bipin S Agrawal. 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 Shashi Avenue?

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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