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Squaareone commercial
RG-GJ-91892 · RERA PR/GJ/SURAT/SURAT CITY/SUDA/CAA01576/080218 · Last updated on GujRERA portal: 17 Jul 2018
Source: official GujRERA filing
Red flags
- No red flags in this filing
Clear
- Completion date never moved
- Separate project account declared
Saved.
Squaareone commercial is a Commercial project by Squaareone Corporation in Surat, Gujarat, registered with GujRERA as PR/GJ/SURAT/SURAT CITY/SUDA/CAA01576/080218 on 8 Feb 2018. Possession is promised by 18 Jul 2018.
At a glance
Project
- NameSquaareone commercial
- TypeCommercial
- Location
- juction of 150 feet vvip road and 120 feet canal road
- opp ashirwad enclave bhimrad
- Bhimrad
- Surat City
- Surat
- PincodeNot stated
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR/GJ/SURAT/SURAT CITY/SUDA/CAA01576/080218
- ReraGenie IDRG-GJ-91892
Builder
- NameSquaareone Corporation
- Entity typePARTNERSHIP FIRM
Key dates
Key facts
Registration and timeline
- StatusValid until 18 Jul 2018
- Registered on8 Feb 2018
- Promised completion18 Jul 2018
- Revised completionNone
- Buildings1 building record
- Documents filed35 files
Current status
Figures as on 17 Jul 2018, this project's latest GujRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Squaareone Commercial | - | - | - | - | - | 255 |
The full filing
Everything below is from the project's own GujRERA filing, free to read.
Construction progress by building1
As on 17 Jul 2018, 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.
Squaareone Commercial: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | 100% |
| Internal walls, internal plaster, floorings, doors and windows within flats | 100% |
| Sanitary fittings within the flats | 100% |
| Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing | 100% |
| Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing | 100% |
Progress on shared amenities19
As on 17 Jul 2018, 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 | 100% |
| Water supply | Yes | 100% |
| Sewerage (chamber, lines, septic tank, STP) | Yes | 100% |
| Storm water drains | No | Not applicable |
| Landscaping and tree planting | No | Not applicable |
| Street lighting | No | Not applicable |
| Community buildings | No | Not applicable |
| Treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation, rain water harvesting | Yes | 100% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Fire fighting | No | Not applicable |
| Drinking water facilities | No | Not applicable |
| Emergency evacuation | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Security | Yes | 100% |
| Letter box | No | Not applicable |
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 |
|---|---|---|---|
| Squaareone Commercial | NA | Rs 8.81 cr | Rs 7.88 cr |
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | sanjay j joshi |
| Engineer | Jalil sheikh |
Documents filed35
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/SURAT/SURAT CITY/SUDA/CAA01576/080218 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) | 17 Jul 2018 |
| Engineer's certificate (Form 2) | 17 Jul 2018 |
| Site photograph, Squaareone Commercial | 17 Jul 2018 |
| RERA registration certificate | 8 Feb 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 | - |
| 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: Squaareone Corporation
Squaareone Corporation has 1 registration on GujRERA, including Squaareone commercial. Read the full track record. See more projects on the Surat district page.
Frequently asked questions
What are my rights if Squaareone commercial is delayed beyond 18 Jul 2018?
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 Squaareone commercial?
The registered promoter entity is Squaareone Corporation, 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 Squaareone commercial?
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 Squaareone commercial?
The professionals named in the filing: Architect: sanjay j joshi; Engineer: Jalil sheikh. 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 Squaareone commercial?
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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