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Valid until 30 Dec 2020 Commercial project

SIDDHARTH MAGNUM PLUS

By SHREE B.R. PATEL ASSOCIATES

RG-GJ-41707 · RERA PR/GJ/VADODARA/VADODARA/Others/CAA02332/110418 · Last updated on GujRERA portal: 30 Dec 2020

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2020Possession promisedno revision filed
8 of 8Construction stages doneevery applicable stage filed complete
45 of 280Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

SIDDHARTH MAGNUM PLUS is a Commercial project by SHREE B.R. PATEL ASSOCIATES in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/CAA02332/110418 on 11 Apr 2018. Possession is promised by 30 Dec 2020. 235 of the 280 units on this registration are recorded sold or booked, and 8 of 8 construction stages are filed complete.

At a glance

Project

  • NameSIDDHARTH MAGNUM PLUS
  • TypeCommercial
  • Location
    • NEAR GURUNANK PUBLIC SCHOOL
    • TARSALI-DANTESHWAR RING ROAD
    • VADODARA
    • Tarsali
    • Vadodara
    • 390009
  • Pincode390009
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/CAA02332/110418
  • ReraGenie IDRG-GJ-41707

Builder

  • NameSHREE B.R. PATEL ASSOCIATES
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredApr 2018PromisedDec 2020

Key facts

Registration and timeline

  • StatusValid until 30 Dec 2020
  • Registered on11 Apr 2018
  • Promised completion30 Dec 2020
  • Revised completionNone
  • Buildings1 building record
  • Documents filed38 files

Current status

84%235 of 280 units booked
95.2%Of the estimated cost spent so far

Figures as on 30 Dec 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
1---0280280

The full filing

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

Construction progress by building1

As on 30 Dec 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.

8 of 8 construction stages are filed complete.

1: 100% average across the applicable activities

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 30 Dec 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 footpathsNoNot applicable
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes100%
Landscaping and tree plantingNoNot applicable
Street lightingNoNot applicable
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 evacuationYes100%
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 area5,760 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 12.24 cr
Cost incurredRs 11.65 cr
Spent of the estimate95.2%
BuildingWingEstimatedIncurred
1NARs 12.24 crRs 11.65 cr

Certifying professionals and partners2

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

RoleName
ArchitectPRAVIN MAKWANA
EngineerVINUBHAI PATEL

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/VADODARA/VADODARA/Others/CAA02332/110418 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)30 Dec 2020
Engineer's certificate (Form 2)30 Dec 2020
Engineer's certificate annexure30 Dec 2020
Accountant's certificate (Form 3)30 Dec 2020
Site photograph, 130 Dec 2020
RERA registration certificate11 Apr 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 Vadodara

84%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one has not

Computed across the 2,900+ Vadodara projects on ReraGenie, from their own filings.

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Other projects near Tarsali2,900+ in Vadodara

2 kmSIDDHARTH MAGNUM PLUSOther 100Dot size: filed unitsN

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

Builder: SHREE B.R. PATEL ASSOCIATES

SHREE B.R. PATEL ASSOCIATES has 1 registration on GujRERA, including SIDDHARTH MAGNUM PLUS. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if SIDDHARTH MAGNUM PLUS is delayed beyond 30 Dec 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 SIDDHARTH MAGNUM PLUS?

The registered promoter entity is SHREE B.R. PATEL ASSOCIATES, 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 SIDDHARTH MAGNUM PLUS?

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 SIDDHARTH MAGNUM PLUS?

The professionals named in the filing: Architect: PRAVIN MAKWANA; Engineer: VINUBHAI 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 SIDDHARTH MAGNUM PLUS?

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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