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Valid until 28 Aug 2019 Mixed Development project

Shivalay Residency

By Shyam Developers

RG-GJ-56489 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA04276/EX1/120419 · Last updated on GujRERA portal: 27 Aug 2019

Source: official GujRERA filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • Separate project account declared
Aug 2019Possession promisedmoved 6 months from the original
7 of 7Construction stages doneevery applicable stage filed complete
7 of 125Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

Shivalay Residency is a Mixed Development project by Shyam Developers in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA04276/EX1/120419 on 7 Dec 2018. Possession is promised by 28 Aug 2019. The completion date has moved by 6 months from the original filing. 118 of the 125 units on this registration are recorded sold or booked, and 7 of 7 construction stages are filed complete.

At a glance

Project

  • NameShivalay Residency
  • TypeMixed Development
  • Location
    • Payghode Colony
    • Opposite Madhavbagh Society
    • Near Bhulabhai Police Chowki
    • Behrampura
    • Ahmedabad
    • Jamalpur
    • Ahmedabad City
    • Ahmedabad
    • 380022
  • Pincode380022
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA04276/EX1/120419
  • ReraGenie IDRG-GJ-56489

Builder

  • NameShyam Developers
  • Entity typePARTNERSHIP FIRM
  • Other registrations19 more →

Key dates

this monthRegisteredDec 2018First promiseFeb 2019Revised toAug 2019

Key facts

Registration and timeline

  • StatusValid until 28 Aug 2019
  • Registered on7 Dec 2018
  • Promised completion28 Aug 2019
  • Revised completionRevised to 28 Aug 2019 (originally 28 Feb 2019)
  • Buildings1 building record
  • Documents filed38 files

Current status

94%118 of 125 units booked
100.0%Of the estimated cost spent so far

Figures as on 27 Aug 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
1---1250125

The full filing

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

Construction progress by building1

As on 27 Aug 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.

7 of 7 construction stages are filed complete.

1: 100% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt Floor100%
Slabs of Super StructureNot applicable
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 27 Aug 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 footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
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 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 area1,636 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 3.94 cr
Cost incurredRs 3.94 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
1NARs 3.94 crRs 3.94 cr

Certifying professionals and partners2

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

RoleName
ArchitectPatel Ankur Kumar
EngineerChavda Paresh M

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/MAA04276/EX1/120419Applied Feb 2019; approved Apr 2019

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/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA04276/EX1/120419 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)27 Aug 2019
Architect's certificate (Form 1)26 Aug 2019
Engineer's certificate (Form 2)26 Aug 2019
Site photograph, 126 Aug 2019
Site photograph, 126 Aug 2019
RERA registration certificate7 Dec 2018
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

94%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 Jamalpur5,400+ in Ahmedabad

2 kmShivalay ResidencyOther 100Dot size: filed unitsN

Filed coordinates, straight-line distance. 100 registered projects within 2 km.

Builder: Shyam Developers

SHYAM DEVELOPERS has 20 registrations on GujRERA, including RADHEY HEIGHTS and NAND EXOTICA. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if Shivalay Residency is delayed beyond 28 Aug 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 Shivalay Residency?

The registered promoter entity is Shyam 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 Shivalay Residency?

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 Shivalay Residency?

The professionals named in the filing: Architect: Patel Ankur Kumar; Engineer: Chavda Paresh M. 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 Shivalay Residency?

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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