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Valid until 31 Mar 2023 Mixed Development project

Shree Sai Palace

By Surya Developers

RG-GJ-50937 · RERA PR/GJ/VALSAD/VALSAD/Others/MAA05719/EX2/210323 · Last updated on GujRERA portal: 31 Mar 2023

Source: official GujRERA filing

Red flags

  • Completion date moved by 21 months
  • 2 extensions taken

Clear

  • Separate project account declared
Mar 2023Possession promisedmoved 21 months from the original
9 of 9Construction stages doneevery applicable stage filed complete
33 of 41Units unsoldnot recorded sold or booked
Jump to the 47 documents Report an error

Shree Sai Palace is a Mixed Development project by Surya Developers in Valsad, Gujarat, registered with GujRERA as PR/GJ/VALSAD/VALSAD/Others/MAA05719/EX2/210323 on 15 Jul 2019. Possession is promised by 31 Mar 2023. The completion date has moved by 21 months from the original filing. 8 of the 41 units on this registration are recorded sold or booked, and 9 of 9 construction stages are filed complete.

At a glance

Project

  • NameShree Sai Palace
  • TypeMixed Development
  • Location
    • City Survey No. 452 Paikee
    • Near S. T. Bus Depot
    • Umbergaon.
    • Umargam
    • Valsad
    • 396170
  • Pincode396170
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VALSAD/VALSAD/Others/MAA05719/EX2/210323
  • ReraGenie IDRG-GJ-50937

Builder

  • NameSurya Developers
  • Entity typePARTNERSHIP FIRM
  • Other registrations2 more →

Key dates

this monthRegisteredJul 2019First promiseJun 2021Revised toMar 2023

Key facts

Registration and timeline

  • StatusValid until 31 Mar 2023
  • Registered on15 Jul 2019
  • Promised completion31 Mar 2023
  • Revised completionRevised to 31 Mar 2023 (originally 30 Jun 2021)
  • Buildings1 building record
  • Documents filed47 files

Current status

20%8 of 41 units booked
85.4%Of the estimated cost spent so far

Figures as on 31 Mar 2023, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Shree Sai Palace---113041

The full filing

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

Construction progress by building1

As on 31 Mar 2023, 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.

9 of 9 construction stages are filed complete.

Shree Sai Palace: 100% average across the applicable activities

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 31 Mar 2023, 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 plantingNoNot applicable
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 facilitiesYes100%
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 area376 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 1.63 cr
Cost incurredRs 1.39 cr
Spent of the estimate85.41%
BuildingWingEstimatedIncurred
Shree Sai PalaceNARs 1.63 crRs 1.39 cr

Extensions applied for2

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

PR/GJ/VALSAD/VALSAD/Others/MAA05719/EX1/300721Applied Jun 2021; approved Jul 2021
PR/GJ/VALSAD/VALSAD/Others/MAA05719/EX2/210323Applied Oct 2022; approved Mar 2023

Documents filed47

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/VALSAD/VALSAD/Others/MAA05719/EX2/210323 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)31 Mar 2023
Engineer's certificate (Form 2)31 Mar 2023
Engineer's certificate annexure31 Mar 2023
Accountant's certificate (Form 3)31 Mar 2023
Site photograph, Shree Sai Palace31 Mar 2023
Site photograph, Shree Sai Palace31 Mar 2023
Site photograph, Shree Sai Palace31 Mar 2023
Site photograph, Shree Sai Palace31 Mar 2023
Site photograph, Shree Sai Palace31 Mar 2023
Site photograph, Shree Sai Palace31 Mar 2023
Site photograph, Shree Sai Palace31 Mar 2023
RERA registration certificate15 Jul 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 Valsad

20%of this project is bookeddistrict median 45%
23%of Valsad projects moved their completion datethis one moved by 21 months

Computed across the 390+ Valsad projects on ReraGenie, from their own filings.

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Other projects near Umargam390+ in Valsad

2 kmShree Sai PalaceOther 12Dot size: filed unitsN

Filed coordinates, straight-line distance. 12 registered projects within 2 km.

Builder: Surya Developers

Surya Developers has 3 registrations on GujRERA, including Omkar Hight and Shree Sai Palace. Read the full track record. See more projects on the Valsad district page.

Frequently asked questions

What are my rights if Shree Sai Palace is delayed beyond 31 Mar 2023?

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 Sai Palace?

The registered promoter entity is Surya 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 Shree Sai Palace?

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.

What should I check before booking in Shree Sai Palace?

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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