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Valid until 31 Mar 2020 Mixed Development project

SHREE SATVAT

By SAUMYA DEVELOPERS

RG-GJ-55779 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA02789/EX1/051219 · Last updated on GujRERA portal: 6 Aug 2020

Source: official GujRERA filing

Red flags

  • Completion date moved by 3 months
  • 1 extension taken

Clear

  • Separate project account declared
Mar 2020Possession promisedmoved 3 months from the original
27 of 27Construction stages doneacross 3 buildings; every applicable stage filed complete
20 of 63Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

SHREE SATVAT is a Mixed Development project by SAUMYA DEVELOPERS in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA02789/EX1/051219 on 1 Jun 2018. Possession is promised by 31 Mar 2020. The completion date has moved by 3 months from the original filing. 43 of the 63 units on this registration are recorded sold or booked, and 27 of 27 construction stages are filed complete.

At a glance

Project

  • NameSHREE SATVAT
  • TypeMixed Development
  • Location
    • "SHREE SATVAT"
    • Near D M Service Station
    • PDPU College Road
    • Raysan
    • Raisan
    • Gandhinagar
    • 382421
  • Pincode382421
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA02789/EX1/051219
  • ReraGenie IDRG-GJ-55779

Builder

  • NameSAUMYA DEVELOPERS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredJun 2018First promiseDec 2019Revised toMar 2020

Key facts

Registration and timeline

  • StatusValid until 31 Mar 2020
  • Registered on1 Jun 2018
  • Promised completion31 Mar 2020
  • Revised completionRevised to 31 Mar 2020 (originally 31 Dec 2019)
  • Buildings3 building records
  • Documents filed40 files

Current status

68%43 of 63 units booked
100.0%Of the estimated cost spent so far

Figures as on 6 Aug 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---121123
B---20020
C---20020

The full filing

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

Construction progress by building3

As on 6 Aug 2020, 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.

A100%
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%
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%

Progress on shared amenities19

As on 6 Aug 2020, 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 harvestingYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
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 area3,676 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 5.46 cr
Cost incurredRs 5.46 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 1.82 crRs 1.82 cr
BNARs 1.82 crRs 1.82 cr
CNARs 1.82 crRs 1.82 cr

Certifying professionals and partners2

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

RoleName
ArchitectMANUBHAI DESAI
EngineerRAJESH PATEL

Extensions applied for1

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

PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA02789/EX1/051219Applied Nov 2019; approved Dec 2019

Documents filed40

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/GANDHINAGAR/GANDHINAGAR/Others/MAA02789/EX1/051219 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 Aug 2020
Engineer's certificate (Form 2)6 Aug 2020
Engineer's certificate annexure6 Aug 2020
Accountant's certificate (Form 3)6 Aug 2020
Site photograph, A6 Aug 2020
Site photograph, B6 Aug 2020
Site photograph, C6 Aug 2020
RERA registration certificate1 Jun 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 Gandhinagar

68%of this project is bookeddistrict median 53%
16%of Gandhinagar projects moved their completion datethis one moved by 3 months

Computed across the 1,600+ Gandhinagar projects on ReraGenie, from their own filings.

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Other projects near Raisan1,600+ in Gandhinagar

2 kmSHREE SATVATOther 222Dot size: filed unitsN

Filed coordinates, straight-line distance. 222 registered projects within 2 km.

Builder: SAUMYA DEVELOPERS

SAUMYA DEVELOPERS has 1 registration on GujRERA, including SHREE SATVAT. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if SHREE SATVAT is delayed beyond 31 Mar 2020?

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 SATVAT?

The registered promoter entity is SAUMYA 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 SATVAT?

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 SATVAT?

The professionals named in the filing: Architect: MANUBHAI DESAI; Engineer: RAJESH PATEL. 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 SATVAT?

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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