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Valid until 30 Sep 2023 Residential/Group Housing project

SIGNATURE LUXURIA

By SHREERAM INFRASTUCTURE

RG-GJ-00535 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05925/EX1/231122 · Last updated on GujRERA portal: 7 Dec 2022

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Nothing verified clear yet
Sep 2023Possession promisedmoved 12 months from the original
9 of 12Construction stages doneacross 3 buildings; furthest along: Internal walls, 80%
28 of 112Units unsoldnot recorded sold or booked
Jump to the 43 documents Report an error

SIGNATURE LUXURIA is a Residential/Group Housing project by SHREERAM INFRASTUCTURE in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05925/EX1/231122 on 21 Aug 2019. Possession is promised by 30 Sep 2023. The completion date has moved by 12 months from the original filing. 84 of the 112 units on this registration are recorded sold or booked, and 9 of 12 construction stages are filed complete.

At a glance

Project

  • NameSIGNATURE LUXURIA
  • TypeResidential/Group Housing
  • Location
    • Near Chandranagar Bridge
    • P.T. college road
    • Paldi
    • Paldi
    • Ahmedabad City
    • Ahmedabad
    • 380007
  • Pincode380007
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05925/EX1/231122
  • ReraGenie IDRG-GJ-00535

Builder

  • NameSHREERAM INFRASTUCTURE
  • Entity typePARTNERSHIP FIRM
  • Other registrations3 more →

Key dates

this monthRegisteredAug 2019First promiseSep 2022Revised toSep 2023

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2023
  • Registered on21 Aug 2019
  • Promised completion30 Sep 2023
  • Revised completionRevised to 30 Sep 2023 (originally 30 Sep 2022)
  • Buildings3 building records
  • Documents filed43 files

Current status

75%84 of 112 units booked
48.6%Of the estimated cost spent so far

Figures as on 7 Dec 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---56056
B---28028
C---28028

The full filing

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

Construction progress by building3

As on 7 Dec 2022, 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 12 construction stages are filed complete across 3 buildings. The stage furthest along is Internal walls, at 80%.

A93%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats73%
Sanitary fittings within the flatsNot applicable
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofingNot applicable
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishingNot applicable
B88%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats50%
Sanitary fittings within the flatsNot applicable
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofingNot applicable
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishingNot applicable
C95%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats80%
Sanitary fittings within the flatsNot applicable
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofingNot applicable
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishingNot applicable

Progress on shared amenities19

As on 7 Dec 2022, 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)Yes0%
Storm water drainsNoNot applicable
Landscaping and tree plantingYes0%
Street lightingYes0%
Community buildingsYes0%
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes0%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingYes0%
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
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 area2,984 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 accountNot declared
Estimated costRs 13.50 cr
Cost incurredRs 6.56 cr
Spent of the estimate48.61%
BuildingWingEstimatedIncurred
ANARs 4.50 crRs 2.19 cr
BNARs 4.50 crRs 2.19 cr
CNARs 4.50 crRs 2.19 cr

Certifying professionals and partners2

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

RoleName
ArchitectPARTHSARTHI CHAVDA
EngineerAshish Bhavsar

Extensions applied for1

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

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA05925/EX1/231122Applied Oct 2022; approved Nov 2022

Documents filed43

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/RAA05925/EX1/231122 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 Dec 2022
Engineer's certificate (Form 2)7 Dec 2022
Engineer's certificate annexure7 Dec 2022
Accountant's certificate (Form 3)7 Dec 2022
Site photograph, A7 Dec 2022
Site photograph, B7 Dec 2022
Site photograph, C7 Dec 2022
RERA registration certificate21 Aug 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 Ahmedabad

75%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 12 months

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

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Other projects near Paldi5,400+ in Ahmedabad

2 kmSIGNATURE LUXURIAOther 198Dot size: filed unitsN

Filed coordinates, straight-line distance. 198 registered projects within 2 km.

Builder: SHREERAM INFRASTUCTURE

SHREERAM INFRASTUCTURE has 4 registrations on GujRERA, including shetrunjay hills and SIGNATURE LUXURIA. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if SIGNATURE LUXURIA is delayed beyond 30 Sep 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 SIGNATURE LUXURIA?

The registered promoter entity is SHREERAM INFRASTUCTURE, 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 SIGNATURE LUXURIA?

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 SIGNATURE LUXURIA?

The professionals named in the filing: Architect: PARTHSARTHI CHAVDA; Engineer: Ashish Bhavsar. 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 SIGNATURE LUXURIA?

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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