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Valid until 29 Dec 2019 Mixed Development project

Solaris

By Param Developers

RG-GJ-65163 · RERA PR/GJ/VADODARA/VADODARA/Others/MAA02559/EX1/200219 · Last updated on GujRERA portal: 27 Jul 2019

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Dec 2019Possession promisedmoved 12 months from the original
24 of 24Construction stages doneacross 4 buildings; every applicable stage filed complete
0 of 108Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

Solaris is a Mixed Development project by Param Developers in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/MAA02559/EX1/200219 on 5 May 2018. Possession is promised by 29 Dec 2019. The completion date has moved by 12 months from the original filing. 108 of the 108 units on this registration are recorded sold or booked, and 24 of 24 construction stages are filed complete.

At a glance

Project

  • NameSolaris
  • TypeMixed Development
  • Location
    • solaris
    • near shyamal arcade
    • vasna bhayli road
    • Bhayli
    • Vadodara
    • 391410
  • Pincode391410
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/MAA02559/EX1/200219
  • ReraGenie IDRG-GJ-65163

Builder

  • NameParam Developers
  • Entity typePARTNERSHIP FIRM
  • Other registrations7 more →

Key dates

this monthRegisteredMay 2018First promiseDec 2018Revised toDec 2019

Key facts

Registration and timeline

  • StatusValid until 29 Dec 2019
  • Registered on5 May 2018
  • Promised completion29 Dec 2019
  • Revised completionRevised to 29 Dec 2019 (originally 30 Dec 2018)
  • Buildings4 building records
  • Documents filed40 files

Current status

100%108 of 108 units booked
100.0%Of the estimated cost spent so far

Figures as on 27 Jul 2019, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---161834
B---161834
C---20020
D---20020

The full filing

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

Construction progress by building4

As on 27 Jul 2019, 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.

24 of 24 construction stages are filed complete across 4 buildings.

A100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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%
D100%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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 27 Jul 2019, 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 drainsNoNot applicable
Landscaping and tree plantingYes100%
Street lightingYes100%
Community buildingsYes100%
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesYes100%
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 area2,907 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 6.97 cr
Cost incurredRs 6.97 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 1.74 crRs 1.74 cr
BNARs 1.74 crRs 1.74 cr
CNARs 1.74 crRs 1.74 cr
DNARs 1.74 crRs 1.74 cr

Extensions applied for1

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

PR/GJ/VADODARA/VADODARA/Others/MAA02559/EX1/200219Applied Dec 2018; approved Feb 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/VADODARA/VADODARA/Others/MAA02559/EX1/200219 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)27 Jul 2019
Engineer's certificate (Form 2)27 Jul 2019
Accountant's certificate (Form 3)27 Jul 2019
Site photograph, A27 Jul 2019
Site photograph, B27 Jul 2019
Site photograph, C27 Jul 2019
Site photograph, D27 Jul 2019
RERA registration certificate5 May 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

100%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one moved by 12 months

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

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Other projects near Bhayli2,900+ in Vadodara

2 kmSolarisOther 372Dot size: filed unitsN

Filed coordinates, straight-line distance. 372 registered projects within 2 km.

Builder: Param Developers

Param Developers has 8 registrations on GujRERA, including Solaris and DHANANJAY ENCLAVE. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if Solaris is delayed beyond 29 Dec 2019?

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 Solaris?

The registered promoter entity is Param 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 Solaris?

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.

What should I check before booking in Solaris?

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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