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Valid until 31 Aug 2023 Residential/Group Housing project

SHUBH ASHISH

By SHUBHRATNA DEVELOPERS PRIVATE LIMITED

RG-GJ-88517 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA06405/EX2/050823 · Last updated on GujRERA portal: 24 Jul 2023

Source: official GujRERA filing

Red flags

  • Completion date moved by 23 months
  • 2 extensions taken

Clear

  • Separate project account declared
Aug 2023Possession promisedmoved 23 months from the original
6 of 14Construction stages doneacross 2 buildings; furthest along: Internal walls, 98%
32 of 96Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

SHUBH ASHISH is a Residential/Group Housing project by SHUBHRATNA DEVELOPERS PRIVATE LIMITED in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA06405/EX2/050823 on 29 Nov 2019. Possession is promised by 31 Aug 2023. The completion date has moved by 23 months from the original filing. 64 of the 96 units on this registration are recorded sold or booked, and 6 of 14 construction stages are filed complete.

At a glance

Project

  • NameSHUBH ASHISH
  • TypeResidential/Group Housing
  • Location
    • F.P. NO 794
    • TP NO 3 (ELLISBRIDGE)
    • KOCHRAB
    • PALDI
    • Kochrab-Paldi
    • Ahmedabad City
    • Ahmedabad
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA06405/EX2/050823
  • ReraGenie IDRG-GJ-88517

Builder

  • NameSHUBHRATNA DEVELOPERS PRIVATE LIMITED
  • Entity typeCOMPANY

Key dates

this monthRegisteredNov 2019First promiseSep 2021Revised toAug 2023

Key facts

Registration and timeline

  • StatusValid until 31 Aug 2023
  • Registered on29 Nov 2019
  • Promised completion31 Aug 2023
  • Revised completionRevised to 31 Aug 2023 (originally 30 Sep 2021)
  • Buildings2 building records
  • Documents filed42 files

Current status

67%64 of 96 units booked
92.2%Of the estimated cost spent so far

Figures as on 24 Jul 2023, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK A---48048
BLOCK B---48048

The full filing

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

Construction progress by building2

As on 24 Jul 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.

6 of 14 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 98%.

BLOCK A80%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats98%
Sanitary fittings within the flats10%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks95%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing60%
BLOCK B80%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats98%
Sanitary fittings within the flats10%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks95%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing60%

Progress on shared amenities19

As on 24 Jul 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 footpathsYes0%
Water supplyYes0%
Sewerage (chamber, lines, septic tank, STP)Yes15%
Storm water drainsYes50%
Landscaping and tree plantingYes50%
Street lightingYes0%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes0%
Energy managementYes0%
Fire protection and fire safety requirementsYes60%
Electrical meter room, sub-station, receiving stationYes75%
Fire fightingYes60%
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyYes0%
SecurityYes0%
Letter boxYes0%

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 area4,026 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 22.50 cr
Cost incurredRs 20.74 cr
Spent of the estimate92.19%
BuildingWingEstimatedIncurred
BLOCK ANARs 11.25 crRs 10.37 cr
BLOCK BNARs 11.25 crRs 10.37 cr

Certifying professionals and partners2

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

RoleName
ArchitectHaresh K Bhatt
EngineerNELSON N MACWAN

Extensions applied for2

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

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA06405/EX1/311221Applied Sep 2021; approved Dec 2021
PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA06405/EX2/050823Applied Jul 2023; approved Aug 2023

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/RAA06405/EX2/050823 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)24 Jul 2023
Architect's certificate (Form 1)12 Jul 2023
Site photograph, BLOCK A12 Jul 2023
Site photograph, BLOCK B12 Jul 2023
RERA registration certificate29 Nov 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)-
Engineer's certificate (Form 2)-
Engineer's certificate annexure-

How this compares with Ahmedabad

67%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 23 months

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

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Other projects near Kochrab-Paldi5,400+ in Ahmedabad

2 kmSHUBH ASHISHOther 270Dot size: filed unitsN

Filed coordinates, straight-line distance. 270 registered projects within 2 km.

Builder: SHUBHRATNA DEVELOPERS PRIVATE LIMITED

SHUBHRATNA DEVELOPERS PRIVATE LIMITED has 1 registration on GujRERA, including SHUBH ASHISH. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if SHUBH ASHISH is delayed beyond 31 Aug 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 SHUBH ASHISH?

The registered promoter entity is SHUBHRATNA DEVELOPERS PRIVATE LIMITED, a company 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 SHUBH ASHISH?

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 SHUBH ASHISH?

The professionals named in the filing: Architect: Haresh K Bhatt; Engineer: NELSON N MACWAN. 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 SHUBH ASHISH?

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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