ReraGenieLog inGet a buyer report

Home / Browse projects / Ahmedabad, Gujarat / THE BANYAN

Valid until 30 Jun 2020 Residential/Group Housing project

THE BANYAN

By SURYAM REALTORS

RG-GJ-81125 · RERA PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00245/A1R/EX1/161219 · Last updated on GujRERA portal: 23 Dec 2020

Source: official GujRERA filing

Red flags

  • Completion date moved by 6 months
  • 1 extension taken

Clear

  • Separate project account declared
Jun 2020Possession promisedmoved 6 months from the original
18 of 18Construction stages doneacross 2 buildings; every applicable stage filed complete
4 of 18Units unsoldnot recorded sold or booked
Jump to the 43 documents Report an error

THE BANYAN is a Residential/Group Housing project by SURYAM REALTORS in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00245/A1R/EX1/161219 on 25 Sep 2017. Possession is promised by 30 Jun 2020. The completion date has moved by 6 months from the original filing. 14 of the 18 units on this registration are recorded sold or booked, and 18 of 18 construction stages are filed complete.

At a glance

Project

  • NameTHE BANYAN
  • TypeResidential/Group Housing
  • Location
    • The Banyan
    • Next to Kotak House
    • B/h Ashok Vatika
    • Bodakdev
    • Ahmedabad
    • Bodakdev
    • Ahmedabad City
    • Ahmedabad
    • 380054
  • Pincode380054
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00245/A1R/EX1/161219
  • ReraGenie IDRG-GJ-81125

Builder

  • NameSURYAM REALTORS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredSep 2017First promiseDec 2019Revised toJun 2020

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2020
  • Registered on25 Sep 2017
  • Promised completion30 Jun 2020
  • Revised completionRevised to 30 Jun 2020 (originally 31 Dec 2019)
  • Buildings2 building records
  • Documents filed43 files

Current status

78%14 of 18 units booked
98.4%Of the estimated cost spent so far

Figures as on 23 Dec 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---909
B---909

The full filing

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

Construction progress by building2

As on 23 Dec 2020, 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 18 construction stages are filed complete across 2 buildings.

A100%
ActivityProgress
Excavation100%
Podiums (if any)100%
Plinth100%
Stilt FloorNot applicable
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%
B100%
ActivityProgress
Excavation100%
Podiums (if any)100%
Plinth100%
Stilt FloorNot applicable
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 Dec 2020, 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)NoNot applicable
Storm water drainsYes100%
Landscaping and tree plantingYes100%
Street lightingYes100%
Community buildingsYes100%
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes100%
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 area6,261 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 43.50 cr
Cost incurredRs 42.82 cr
Spent of the estimate98.44%
BuildingWingEstimatedIncurred
ANARs 21.75 crRs 21.41 cr
BNARs 21.75 crRs 21.41 cr

Certifying professionals and partners2

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

RoleName
ArchitectDHAVAL MAKHMALWALA
EngineerNARESH K. SHAH

Extensions applied for1

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

PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/RAA00245/A1R/EX1/161219Applied Dec 2019; approved Dec 2019

Documents filed43

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/AHMADABAD CITY/AUDA/RAA00245/A1R/EX1/161219 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)23 Dec 2020
Engineer's certificate (Form 2)23 Dec 2020
Engineer's certificate annexure23 Dec 2020
Accountant's certificate (Form 3)23 Dec 2020
Site photograph, A22 Dec 2020
Site photograph, A22 Dec 2020
Site photograph, A22 Dec 2020
Site photograph, B22 Dec 2020
Site photograph, B22 Dec 2020
Site photograph, B22 Dec 2020
RERA registration certificate25 Sep 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 Ahmedabad

78%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 6 months

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

Keep THE BANYAN 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 Bodakdev5,400+ in Ahmedabad

2 kmTHE BANYANOther 159Dot size: filed unitsN

Filed coordinates, straight-line distance. 159 registered projects within 2 km.

Builder: SURYAM REALTORS

SURYAM REALTORS has 1 registration on GujRERA, including THE BANYAN. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if THE BANYAN is delayed beyond 30 Jun 2020?

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 BANYAN?

The registered promoter entity is SURYAM REALTORS, 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 THE BANYAN?

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 BANYAN?

The professionals named in the filing: Architect: DHAVAL MAKHMALWALA; Engineer: NARESH K. SHAH. 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 BANYAN?

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 THE BANYAN. 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 THE BANYAN 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.