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Valid until 31 Mar 2019 Commercial project

THE FIRST

By Synthesis Corporation

RG-GJ-87161 · RERA PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/CAA00045/010917 · Last updated on GujRERA portal: 24 Dec 2018

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Mar 2019Possession promisedno revision filed
14 of 16Construction stages doneacross 2 buildings; furthest along: Internal walls, 85%
Jump to the 39 documents Report an error

THE FIRST is a Commercial project by Synthesis Corporation in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/CAA00045/010917 on 1 Sep 2017. Possession is promised by 31 Mar 2019.

At a glance

Project

  • NameTHE FIRST
  • TypeCommercial
  • Location
    • The First Avenue
    • Beside Keshavbaug Party Plot
    • Vastrapur
    • Ahmedabad-380015.
    • Vastrapur
    • Ahmedabad City
    • Ahmedabad
    • 380015
  • Pincode380015
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/CAA00045/010917
  • ReraGenie IDRG-GJ-87161

Builder

  • NameSynthesis Corporation
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredSep 2017PromisedMar 2019

Key facts

Registration and timeline

  • StatusValid until 31 Mar 2019
  • Registered on1 Sep 2017
  • Promised completion31 Mar 2019
  • Revised completionNone
  • Buildings2 building records
  • Documents filed39 files

Current status

78.3%Of the estimated cost spent so far

Figures as on 24 Dec 2018, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A+B-----105
C+D-----221

The full filing

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

Construction progress by building2

As on 24 Dec 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.

14 of 16 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 85%.

A+B96%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats85%
Sanitary fittings within the flats80%
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 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 24 Dec 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 facilityProposedProgress
Internal roads and footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsNoNot applicable
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 managementYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingYes100%
Drinking water facilitiesYes100%
Emergency evacuationYes100%
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 area9,125 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 102.00 cr
Cost incurredRs 79.88 cr
Spent of the estimate78.31%
BuildingWingEstimatedIncurred
A+BNARs 51.00 crRs 39.94 cr
C+DNARs 51.00 crRs 39.94 cr

Certifying professionals and partners2

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

RoleName
ArchitectADS Architect Pvt Ltd
EngineerShah Nikunj Dhwarkadas

Documents filed39

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/CAA00045/010917 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Engineer's certificate (Form 2)24 Dec 2018
Architect's certificate (Form 1)15 Nov 2018
Site photograph, A+B15 Nov 2018
Site photograph, A+B15 Nov 2018
Site photograph, A+B15 Nov 2018
Site photograph, C+D15 Nov 2018
RERA registration certificate1 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

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 Vastrapur5,400+ in Ahmedabad

2 kmTHE FIRSTOther 141Dot size: filed unitsN

Filed coordinates, straight-line distance. 141 registered projects within 2 km.

Builder: Synthesis Corporation

Synthesis Corporation has 1 registration on GujRERA, including THE FIRST. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if THE FIRST is delayed beyond 31 Mar 2019?

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 FIRST?

The registered promoter entity is Synthesis 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 THE FIRST?

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 FIRST?

The professionals named in the filing: Architect: ADS Architect Pvt Ltd; Engineer: Shah Nikunj Dhwarkadas. 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 FIRST?

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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