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Valid until 31 Dec 2024 Commercial project

Suvan Business Park

By SHAYONA CONSTRUCTIONS LIMITED

RG-GJ-41921 · RERA PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA11044/171222 · Last updated on GujRERA portal: 11 Apr 2023

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2024Possession promisedno revision filed
9 of 9Construction stages doneevery applicable stage filed complete
81 of 81Units unsoldnot recorded sold or booked
Jump to the 41 documents Report an error

Suvan Business Park is a Commercial project by SHAYONA CONSTRUCTIONS LIMITED in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA11044/171222 on 17 Dec 2022. Possession is promised by 31 Dec 2024. 0 of the 81 units on this registration are recorded sold or booked, and 9 of 9 construction stages are filed complete.

At a glance

Project

  • NameSuvan Business Park
  • TypeCommercial
  • Location
    • Soma Textile Mill Compound
    • B/h. Gulshan Bakery
    • Nr. Keval Kanta
    • Rakhiyal
    • Ahmedabad City
    • Ahmedabad
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA11044/171222
  • ReraGenie IDRG-GJ-41921

Builder

  • NameSHAYONA CONSTRUCTIONS LIMITED
  • Entity typeCOMPANY
  • Other registrations7 more →

Key dates

this monthRegisteredDec 2022PromisedDec 2024

Key facts

Registration and timeline

  • StatusValid until 31 Dec 2024
  • Registered on17 Dec 2022
  • Promised completion31 Dec 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed41 files

Current status

0%0 of 81 units booked
93.5%Of the estimated cost spent so far

Figures as on 11 Apr 2023, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
B---08181

The full filing

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

Construction progress by building1

As on 11 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.

9 of 9 construction stages are filed complete.

B: 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 11 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 facilityProposedProgress
Internal roads and footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes100%
Landscaping and tree plantingYes100%
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 requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesYes100%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes100%
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 area7,639 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 1.50 cr
Cost incurredRs 1.40 cr
Spent of the estimate93.5%
BuildingWingEstimatedIncurred
BNARs 1.50 crRs 1.40 cr

Certifying professionals and partners1

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

RoleName
EngineerAmbersinh N Desai

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/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA11044/171222 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)11 Apr 2023
Site photograph, B11 Apr 2023
RERA registration certificate17 Dec 2022
Accountant's certificate (Form 3)19 Oct 2022
Engineer's certificate (Form 2)17 Oct 2022
Engineer's certificate annexure17 Oct 2022
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 Ahmedabad

0%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one has not

Computed across the 5,400+ Ahmedabad projects on ReraGenie, from their own filings.

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Other projects near Ahmedabad5,400+ in Ahmedabad

2 kmSuvan Business ParkOther 44Dot size: filed unitsN

Filed coordinates, straight-line distance. 44 registered projects within 2 km.

Builder: SHAYONA CONSTRUCTIONS LIMITED

SHAYONA CONSTRUCTIONS LIMITED has 8 registrations on GujRERA, including shayona peak and Suvan Business Park. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if Suvan Business Park is delayed beyond 31 Dec 2024?

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 Suvan Business Park?

The registered promoter entity is SHAYONA CONSTRUCTIONS LIMITED, a company 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 Suvan Business Park?

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 Suvan Business Park?

The professionals named in the filing: Engineer: Ambersinh N Desai. 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 Suvan Business Park?

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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