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Valid until 31 Dec 2019 Mixed Development project

Shree Lakshminarayan Residency

By Siddhipriya Developer

RG-GJ-43786 · RERA PR/GJ/AHMEDABAD/DASKROI/AUDA/MAA00657/091117 · Last updated on GujRERA portal: 7 Jun 2019

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2019Possession promisedno revision filed
48 of 48Construction stages doneacross 6 buildings; every applicable stage filed complete
Jump to the 41 documents Report an error

Shree Lakshminarayan Residency is a Mixed Development project by Siddhipriya Developer in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/DASKROI/AUDA/MAA00657/091117 on 9 Nov 2017. Possession is promised by 31 Dec 2019.

At a glance

Project

  • NameShree Lakshminarayan Residency
  • TypeMixed Development
  • Location
    • Shree Lakshminarayan Residency
    • B/H Devbhoomi Bunglows
    • Ghuma
    • Ghuma
    • Daskroi
    • Ahmedabad
    • 380058
  • Pincode380058
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/DASKROI/AUDA/MAA00657/091117
  • ReraGenie IDRG-GJ-43786

Builder

  • NameSiddhipriya Developer
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredNov 2017PromisedDec 2019

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2019
  • Registered on9 Nov 2017
  • Promised completion31 Dec 2019
  • Revised completionNone
  • Buildings6 building records
  • Documents filed41 files

Current status

91.4%Of the estimated cost spent so far

Figures as on 7 Jun 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A-----28
B-----28
C-----28
D-----28
E-----28
H-----53

The full filing

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

Construction progress by building6

As on 7 Jun 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.

48 of 48 construction stages are filed complete across 6 buildings.

A100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
B100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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 FloorNot applicable
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%
D100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
E100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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%
H100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
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 7 Jun 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 drainsYes100%
Landscaping and tree plantingYes100%
Street lightingYes100%
Community buildingsYes100%
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 facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
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 area4,868 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 26.62 cr
Cost incurredRs 24.34 cr
Spent of the estimate91.44%
BuildingWingEstimatedIncurred
ANARs 4.44 crRs 4.06 cr
BNARs 4.44 crRs 4.06 cr
CNARs 4.44 crRs 4.06 cr
DNARs 4.44 crRs 4.06 cr
ENARs 4.44 crRs 4.06 cr
HNARs 4.44 crRs 4.06 cr

Certifying professionals and partners2

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

RoleName
ArchitectNrupesh Shah
EngineerJayesh D Desai

Documents filed41

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/DASKROI/AUDA/MAA00657/091117 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)7 Jun 2019
Engineer's certificate (Form 2)7 Jun 2019
Site photograph, A7 Jun 2019
Site photograph, B7 Jun 2019
Site photograph, C7 Jun 2019
Site photograph, D7 Jun 2019
Site photograph, E7 Jun 2019
Site photograph, H7 Jun 2019
RERA registration certificate9 Nov 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

14%of Ahmedabad projects moved their completion datethis one has not

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

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Other projects near Ghuma5,400+ in Ahmedabad

2 kmShree Lakshminarayan ResOther 286Dot size: filed unitsN

Filed coordinates, straight-line distance. 286 registered projects within 2 km.

Builder: Siddhipriya Developer

Siddhipriya Developer has 2 registrations on GujRERA, including Shree Lakshminarayan Residency and SHREE LAKSHMINARAYAN RESIDENCY PHASE - 2. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if Shree Lakshminarayan Residency is delayed beyond 31 Dec 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 Shree Lakshminarayan Residency?

The registered promoter entity is Siddhipriya Developer, 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 Shree Lakshminarayan 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 Shree Lakshminarayan Residency?

The professionals named in the filing: Architect: Nrupesh Shah; Engineer: Jayesh D Desai. 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 Shree Lakshminarayan 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; 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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