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Valid until 30 Nov 2027 Mixed Development project

THE BALCONY

By KAAVYARATNA BUILDCON LLP

RG-GJ-08505 · RERA PR/GJ/GANDHINAGAR/GANDHINAGAR/Gandhinagar Municipal Corporation/MN365AA10265/191023 · Last updated on GujRERA portal: 5 Jan 2026

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Nov 2027Possession promisedno revision filed
18 of 29Construction stages doneacross 3 buildings; furthest along: Internal walls, 85%
95 of 252Units unsoldnot recorded sold or booked
Jump to the 38 documents Report an error

THE BALCONY is a Mixed Development project by KAAVYARATNA BUILDCON LLP in Gandhinagar, Gujarat, registered with GujRERA as PR/GJ/GANDHINAGAR/GANDHINAGAR/Gandhinagar Municipal Corporation/MN365AA10265/191023 on 19 Oct 2023. Possession is promised by 30 Nov 2027. 157 of the 252 units on this registration are recorded sold or booked, and 18 of 29 construction stages are filed complete.

At a glance

Project

  • NameTHE BALCONY
  • TypeMixed Development
  • Location
    • THE BALCONY BY KAAVYARATNA
    • OPP. METRO STATION
    • GIFT CITY ROAD
    • RANDESAN
    • GANDHINAGAR
    • GUJARAT
    • INDRODA
    • Gandhinagar
    • 382421
  • Pincode382421
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/GANDHINAGAR/GANDHINAGAR/Gandhinagar Municipal Corporation/MN365AA10265/191023
  • ReraGenie IDRG-GJ-08505

Builder

  • NameKAAVYARATNA BUILDCON LLP
  • Entity typeLIMITED LIABILITY PARTNERSHIP FIRM

Key dates

this monthRegisteredOct 2023PromisedNov 2027

Key facts

Registration and timeline

  • StatusValid until 30 Nov 2027
  • Registered on19 Oct 2023
  • Promised completion30 Nov 2027
  • Revised completionNone
  • Buildings3 building records
  • Documents filed38 files

Current status

62%157 of 252 units booked
84.1%Of the estimated cost spent so far

Figures as on 5 Jan 2026, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A+B---1270127
C---66066
A+B COMMERCIAL---05959

The full filing

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

Construction progress by building3

As on 5 Jan 2026, 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.

18 of 29 construction stages are filed complete across 3 buildings. The stage furthest along is Internal walls, at 85%.

A+B79%
ActivityProgress
Excavation100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats80%
Sanitary fittings within the flats25%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing60%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing25%
C82%
ActivityProgress
Excavation100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats85%
Sanitary fittings within the flats50%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing60%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing30%
A+B COMMERCIAL91%
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 flats60%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing85%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing75%

Progress on shared amenities19

As on 5 Jan 2026, 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 footpathsYes0%
Water supplyYes20%
Sewerage (chamber, lines, septic tank, STP)Yes0%
Storm water drainsYes0%
Landscaping and tree plantingYes0%
Street lightingYes0%
Community buildingsYes20%
Treatment and disposal of sewage and sullage waterYes0%
Solid waste management and disposalYes0%
Water conservation, rain water harvestingYes0%
Energy managementYes0%
Fire protection and fire safety requirementsYes40%
Electrical meter room, sub-station, receiving stationYes30%
Fire fightingYes0%
Drinking water facilitiesYes0%
Emergency evacuationYes0%
Use of renewable energyYes0%
SecurityYes0%
Letter boxYes0%

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 area7,624 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 accountNot declared
Estimated costRs 113.00 cr
Cost incurredRs 95.02 cr
Spent of the estimate84.09%
BuildingWingEstimatedIncurred
A+BNARs 62.61 crRs 50.72 cr
CNARs 32.44 crRs 27.25 cr
A+B COMMERCIALNARs 17.95 crRs 17.05 cr

Certifying professionals and partners2

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

RoleName
ArchitectUmangkumar Baldevgiri Goswami
EngineerKETAV PADMAKANT JOSHI

Documents filed38

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/Gandhinagar Municipal Corporation/MN365AA10265/191023 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)5 Jan 2026
Architect's certificate (Form 1)23 Dec 2025
Engineer's certificate (Form 2)23 Dec 2025
Engineer's certificate annexure23 Dec 2025
Site photograph, A+B23 Dec 2025
Site photograph, C23 Dec 2025
Site photograph, A+B COMMERCIAL23 Dec 2025
RERA registration certificate19 Oct 2023
Proforma agreement for sale-
Auditor's report (2 of 3)-
Auditor's report (3 of 3)-
Income tax return (2 of 3)-
Income tax return (3 of 3)-
Project specific document-
Drainage affidavit-
Directors' report (2 of 3)-
Directors' report (3 of 3)-
Approved sanctioned plan-
Approved layout plan-
Land location-
Encumbrance certificate-
Area development document-
Proforma allotment letter-
Brochure-
Declaration in Form B-
Approved building or plotting plan-
NOCs from authorities-
Title clearance certificate-
Title report-
Property card-
Project photograph-
Proforma sale deed-
Audited balance sheet (2 of 3)-
Audited balance sheet (3 of 3)-
Audited profit and loss statement (2 of 3)-
Audited profit and loss statement (3 of 3)-
Cash flow statement (2 of 3)-
Cash flow statement (3 of 3)-

How this compares with Gandhinagar

62%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 INDRODA1,600+ in Gandhinagar

2 kmTHE BALCONYOther 126Dot size: filed unitsN

Filed coordinates, straight-line distance. 126 registered projects within 2 km.

Builder: KAAVYARATNA BUILDCON LLP

KAAVYARATNA BUILDCON LLP has 1 registration on GujRERA, including THE BALCONY. Read the full track record. See more projects on the Gandhinagar district page.

Frequently asked questions

What are my rights if THE BALCONY is delayed beyond 30 Nov 2027?

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 THE BALCONY?

The registered promoter entity is KAAVYARATNA BUILDCON LLP, a limited liability 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 THE BALCONY?

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 THE BALCONY?

The professionals named in the filing: Architect: Umangkumar Baldevgiri Goswami; Engineer: KETAV PADMAKANT JOSHI. 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 THE BALCONY?

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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