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Valid until 30 Jun 2022 Mixed Development project

Spenta Square

By SHIVAAY DEVELOPERS

RG-GJ-25866 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA05136/260319 · Last updated on GujRERA portal: 23 Apr 2022

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Jun 2022Possession promisedno revision filed
9 of 9Construction stages doneevery applicable stage filed complete
23 of 54Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

Spenta Square is a Mixed Development project by SHIVAAY DEVELOPERS in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA05136/260319 on 26 Mar 2019. Possession is promised by 30 Jun 2022. 31 of the 54 units on this registration are recorded sold or booked, and 9 of 9 construction stages are filed complete.

At a glance

Project

  • NameSpenta Square
  • TypeMixed Development
  • Location
    • Opp. Tulsi Bunglow Vavol
    • uvarsad Cross Road
    • Vavol gandhinagar
    • Vavol
    • Gandhinagar
    • 382028
  • Pincode382028
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA05136/260319
  • ReraGenie IDRG-GJ-25866

Builder

  • NameSHIVAAY DEVELOPERS
  • Entity typePARTNERSHIP FIRM
  • Other registrations3 more →
  • Past their filed date2

Key dates

this monthRegisteredMar 2019PromisedJun 2022

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2022
  • Registered on26 Mar 2019
  • Promised completion30 Jun 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed42 files

Current status

57%31 of 54 units booked
88.0%Of the estimated cost spent so far

Figures as on 23 Apr 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
1---243054

The full filing

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

Construction progress by building1

As on 23 Apr 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 9 construction stages are filed complete.

1: 100% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
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 23 Apr 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 footpathsYes100%
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 fightingYes100%
Drinking water facilitiesYes100%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
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 area1,543 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 5.25 cr
Cost incurredRs 4.62 cr
Spent of the estimate87.95%
BuildingWingEstimatedIncurred
1NARs 5.25 crRs 4.62 cr

Certifying professionals and partners1

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

RoleName
EngineerDhaval N Mewada

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/GANDHINAGAR/GANDHINAGAR/Others/MAA05136/260319 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)23 Apr 2022
Architect's certificate (Form 1)21 Apr 2022
Engineer's certificate (Form 2)21 Apr 2022
Engineer's certificate annexure21 Apr 2022
Site photograph, 121 Apr 2022
Site photograph, 121 Apr 2022
RERA registration certificate26 Mar 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 Gandhinagar

57%of this project is bookeddistrict median 53%
16%of Gandhinagar projects moved their completion datethis one has not

Computed across the 1,600+ Gandhinagar projects on ReraGenie, from their own filings.

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Other projects near Vavol1,600+ in Gandhinagar

2 kmSpenta SquareOther 109Dot size: filed unitsN

Filed coordinates, straight-line distance. 109 registered projects within 2 km.

Builder: SHIVAAY DEVELOPERS

SHIVAAY DEVELOPERS has 4 registrations on GujRERA, including The Spenta Gardenia and Spenta Square. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if Spenta Square is delayed beyond 30 Jun 2022?

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 Spenta Square?

The registered promoter entity is SHIVAAY 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 Spenta Square?

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 Spenta Square?

The professionals named in the filing: Engineer: Dhaval N Mewada. 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 Spenta Square?

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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