ReraGenieLog inGet a buyer report

Home / Browse projects / Surat, Gujarat / SUN RESIDENCY

Valid until 31 Jan 2023 Mixed Development project

SUN RESIDENCY

By MAHAVIR REALTY

RG-GJ-91381 · RERA PR/GJ/SURAT/SURAT CITY/SUDA/MAA00343/EX2/A1M/020522 · Last updated on GujRERA portal: 28 Jan 2023

Source: official GujRERA filing

Red flags

  • Completion date moved by 24 months
  • 2 extensions taken

Clear

  • Separate project account declared
Jan 2023Possession promisedmoved 24 months from the original
43 of 45Construction stages doneacross 5 buildings; furthest along: Installation of lifts, 60%
76 of 252Units unsoldnot recorded sold or booked
Jump to the 42 documents Report an error

SUN RESIDENCY is a Mixed Development project by MAHAVIR REALTY in Surat, Gujarat, registered with GujRERA as PR/GJ/SURAT/SURAT CITY/SUDA/MAA00343/EX2/A1M/020522 on 5 Oct 2017. Possession is promised by 31 Jan 2023. The completion date has moved by 24 months from the original filing. 176 of the 252 units on this registration are recorded sold or booked, and 43 of 45 construction stages are filed complete.

At a glance

Project

  • NameSUN RESIDENCY
  • TypeMixed Development
  • Location
    • Sun Residency
    • Cross Road
    • Amroli
    • Kosad
    • Surat City
    • Surat
    • 394107
  • Pincode394107
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/SURAT/SURAT CITY/SUDA/MAA00343/EX2/A1M/020522
  • ReraGenie IDRG-GJ-91381

Builder

  • NameMAHAVIR REALTY
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredOct 2017First promiseJan 2021Revised toJan 2023

Key facts

Registration and timeline

  • StatusValid until 31 Jan 2023
  • Registered on5 Oct 2017
  • Promised completion31 Jan 2023
  • Revised completionRevised to 31 Jan 2023 (originally 31 Jan 2021)
  • Buildings5 building records
  • Documents filed42 files

Current status

70%176 of 252 units booked
100.0%Of the estimated cost spent so far

Figures as on 28 Jan 2023, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A+B---322658
C+D---40040
E+F---40040
G+H---56056
I+J---322658

The full filing

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

Construction progress by building5

As on 28 Jan 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.

43 of 45 construction stages are filed complete across 5 buildings. The stage furthest along is Installation of lifts, at 60%.

A+B100%
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%
C+D100%
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%
E+F100%
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%
G+H89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor40%
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 finishing60%
I+J100%
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 28 Jan 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 facilityProposedProgress
Internal roads and footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
Landscaping and tree plantingNoNot applicable
Street lightingYes100%
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 requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
Letter boxNoNot 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.

Land area7,076 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 13.50 cr
Cost incurredRs 13.50 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
A+BNARs 2.70 crRs 2.70 cr
C+DNARs 2.70 crRs 2.70 cr
E+FNARs 2.70 crRs 2.70 cr
G+HNARs 2.70 crRs 2.70 cr
I+JNARs 2.70 crRs 2.70 cr

Extensions applied for2

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

PR/GJ/SURAT/SURAT CITY/SUDA/MAA00343/EX1/220121Applied Dec 2020; approved Jan 2021
PR/GJ/SURAT/SURAT CITY/SUDA/MAA00343/EX2/A1M/020522Applied Jan 2022; approved May 2022

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/SURAT/SURAT CITY/SUDA/MAA00343/EX2/A1M/020522 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)28 Jan 2023
Architect's certificate (Form 1)27 Jan 2023
Engineer's certificate (Form 2)27 Jan 2023
Engineer's certificate annexure27 Jan 2023
Site photograph, A+B27 Jan 2023
Site photograph, C+D27 Jan 2023
Site photograph, E+F27 Jan 2023
Site photograph, G+H27 Jan 2023
Site photograph, I+J27 Jan 2023
RERA registration certificate5 Oct 2017
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 Surat

70%of this project is bookeddistrict median 39%
15%of Surat projects moved their completion datethis one moved by 24 months

Computed across the 2,600+ Surat projects on ReraGenie, from their own filings.

Keep SUN RESIDENCY on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Kosad2,600+ in Surat

2 kmSUN RESIDENCYOther 149Dot size: filed unitsN

Filed coordinates, straight-line distance. 149 registered projects within 2 km.

Builder: MAHAVIR REALTY

MAHAVIR REALTY has 2 registrations on GujRERA, including SUN RESIDENCY and AANGI HEIGHTS. Read the full track record. See more projects on the Surat district page.

Frequently asked questions

What are my rights if SUN RESIDENCY is delayed beyond 31 Jan 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 SUN RESIDENCY?

The registered promoter entity is MAHAVIR REALTY, 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 SUN RESIDENCY?

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 SUN RESIDENCY?

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.

Report an error Share feedback

Report an error or share feedback

About SUN RESIDENCY. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save SUN RESIDENCY to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.