ReraGenieLog inGet a buyer report

Home / Browse projects / Ahmedabad, Gujarat / SHASVAT

Valid until 30 Apr 2022 Residential/Group Housing project

SHASVAT

By ARHAM REALTY

RG-GJ-95575 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05995/050919 · Last updated on GujRERA portal: 6 Apr 2022

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Apr 2022Possession promisedno revision filed
20 of 20Construction stages doneacross 2 buildings; every applicable stage filed complete
7 of 56Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

SHASVAT is a Residential/Group Housing project by ARHAM REALTY in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05995/050919 on 5 Sep 2019. Possession is promised by 30 Apr 2022. 49 of the 56 units on this registration are recorded sold or booked, and 20 of 20 construction stages are filed complete.

At a glance

Project

  • NameSHASVAT
  • TypeResidential/Group Housing
  • Location
    • S.P. NO. 4/B/1
    • F.P. NO. 32
    • T.P.S. NO 6 PALDI
    • Paldi
    • Ahmedabad City
    • Ahmedabad
    • 380007
  • Pincode380007
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05995/050919
  • ReraGenie IDRG-GJ-95575

Builder

  • NameARHAM REALTY
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredSep 2019PromisedApr 2022

Key facts

Registration and timeline

  • StatusValid until 30 Apr 2022
  • Registered on5 Sep 2019
  • Promised completion30 Apr 2022
  • Revised completionNone
  • Buildings2 building records
  • Documents filed42 files

Current status

88%49 of 56 units booked
100.0%Of the estimated cost spent so far

Figures as on 6 Apr 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block-B---30030
Block-A---26026

The full filing

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

Construction progress by building2

As on 6 Apr 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.

20 of 20 construction stages are filed complete across 2 buildings.

Block-B100%
ActivityProgress
Excavation100%
Podiums (if any)100%
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%
Block-A100%
ActivityProgress
Excavation100%
Podiums (if any)100%
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 6 Apr 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 disposalNoNot applicable
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 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 area2,090 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 7.50 cr
Cost incurredRs 7.50 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
Block-ANARs 3.75 crRs 3.75 cr
Block-BNARs 3.75 crRs 3.75 cr

Certifying professionals and partners1

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

RoleName
ArchitectBHARGAV KAPADIA

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/RAA05995/050919 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)6 Apr 2022
Engineer's certificate (Form 2)6 Apr 2022
Engineer's certificate annexure6 Apr 2022
Accountant's certificate (Form 3)6 Apr 2022
Site photograph, Block-B6 Apr 2022
Site photograph, Block-A6 Apr 2022
RERA registration certificate5 Sep 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 Ahmedabad

88%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one has not

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

Keep SHASVAT on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Paldi5,400+ in Ahmedabad

2 kmSHASVATOther 204Dot size: filed unitsN

Filed coordinates, straight-line distance. 204 registered projects within 2 km.

Builder: ARHAM REALTY

ARHAM REALTY has 1 registration on GujRERA, including SHASVAT. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if SHASVAT is delayed beyond 30 Apr 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 SHASVAT?

The registered promoter entity is ARHAM REALTY, 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 SHASVAT?

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 SHASVAT?

The professionals named in the filing: Architect: BHARGAV KAPADIA. 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 SHASVAT?

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.

Report an error Share feedback

Report an error or share feedback

About SHASVAT. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save SHASVAT to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.