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SIKU ARCADE
RG-GJ-39511 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/CAA08560/040621 · Last updated on GujRERA portal: 7 Apr 2023
Source: official GujRERA filing
Red flags
- No red flags in this filing
Clear
- Completion date never moved
- Separate project account declared
Saved.
SIKU ARCADE is a Commercial project by SARASWATI DEVELOPERS in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/CAA08560/040621 on 4 Jun 2021. Possession is promised by 31 Mar 2025. 0 of the 12 units on this registration are recorded sold or booked, and 0 of 8 construction stages are filed complete.
At a glance
Project
- NameSIKU ARCADE
- TypeCommercial
- Location
- SIKU ARCADE
- R. S. NO. 19
- T.P. SCHEME NO. 243
- F.P. NO. 10/2
- RANASAN
- S. P. RING ROAD
- Gandhinagar
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/AUDA/CAA08560/040621
- ReraGenie IDRG-GJ-39511
Builder
- NameSARASWATI DEVELOPERS
- Entity typePARTNERSHIP FIRM
Key dates
Key facts
Registration and timeline
- StatusValid until 31 Mar 2025
- Registered on4 Jun 2021
- Promised completion31 Mar 2025
- Revised completionNone
- Buildings1 building record
- Documents filed41 files
Current status
Figures as on 7 Apr 2023, this project's latest GujRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SIKU ARCADE | - | - | - | 0 | 12 | 12 |
The full filing
Everything below is from the project's own GujRERA filing, free to read.
Construction progress by building1
As on 7 Apr 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.
0 of 8 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
SIKU ARCADE: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Podiums (if any) | Not applicable |
| Plinth | 0% |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | 0% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 0% |
| Sanitary fittings within the flats | 0% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 0% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 0% |
Progress on shared amenities19
As on 7 Apr 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 facility | Proposed | Progress |
|---|---|---|
| Internal roads and footpaths | Yes | 0% |
| Water supply | Yes | 0% |
| Sewerage (chamber, lines, septic tank, STP) | Yes | 0% |
| Storm water drains | Yes | 0% |
| Landscaping and tree planting | Yes | 0% |
| Street lighting | Yes | 0% |
| Community buildings | No | Not applicable |
| Treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | Yes | 0% |
| Water conservation, rain water harvesting | Yes | 0% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Fire fighting | Yes | 0% |
| Drinking water facilities | Yes | 0% |
| Emergency evacuation | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Security | Yes | 0% |
| Letter box | Yes | 0% |
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.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| SIKU ARCADE | NA | Rs 2.14 cr | - |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | BHAUMIKKUMAR C. DONGA |
| Engineer | CHAVDA PARESH M. |
Documents filed41
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/AUDA/CAA08560/040621 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Architect's certificate (Form 1) | 7 Apr 2023 |
| Engineer's certificate (Form 2) | 7 Apr 2023 |
| Engineer's certificate annexure | 7 Apr 2023 |
| Accountant's certificate (Form 3) | 7 Apr 2023 |
| Site photograph, SIKU ARCADE | 7 Apr 2023 |
| RERA registration certificate | 4 Jun 2021 |
| 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) | - |
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Builder: SARASWATI DEVELOPERS
SARASWATI DEVELOPERS has 1 registration on GujRERA, including SIKU ARCADE. Read the full track record. See more projects on the Gandhinagar district page.
Frequently asked questions
What are my rights if SIKU ARCADE is delayed beyond 31 Mar 2025?
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 SIKU ARCADE?
The registered promoter entity is SARASWATI 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 SIKU ARCADE?
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 SIKU ARCADE?
The professionals named in the filing: Architect: BHAUMIKKUMAR C. DONGA; Engineer: CHAVDA PARESH M.. 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 SIKU ARCADE?
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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