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Valid until 29 Sep 2024 Residential/Group Housing project

THE GRAND PALACE

By HITESHKUMAR FALDU ( PROP. OF THE GRAND PALACE )

RG-GJ-02064 · RERA PR/GJ/RAJKOT/RAJKOT/Others/RAA03116/A1R/EX1/030424/290924 · Last updated on GujRERA portal: 27 Sep 2024

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2024Possession promisedmoved 12 months from the original
24 of 27Construction stages doneacross 3 buildings; furthest along: Stilt Floor, 0%
10 of 124Units unsoldnot recorded sold or booked
Jump to the 40 documents Report an error

THE GRAND PALACE is a Residential/Group Housing project by HITESHKUMAR FALDU ( PROP. OF THE GRAND PALACE ) in Rajkot, Gujarat, registered with GujRERA as PR/GJ/RAJKOT/RAJKOT/Others/RAA03116/A1R/EX1/030424/290924 on 7 Jul 2018. Possession is promised by 29 Sep 2024. The completion date has moved by 12 months from the original filing. 114 of the 124 units on this registration are recorded sold or booked, and 24 of 27 construction stages are filed complete.

At a glance

Project

  • NameTHE GRAND PALACE
  • TypeResidential/Group Housing
  • Location
    • THE GRAND PALACE
    • 2ND NEW 150 FT. RING ROAD
    • NR. SPEEDWEL PARTY PLOT
    • RAJKOT
    • Mavadi
    • Rajkot
    • 360005
  • Pincode360005
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/RAJKOT/RAJKOT/Others/RAA03116/A1R/EX1/030424/290924
  • ReraGenie IDRG-GJ-02064

Builder

  • NameHITESHKUMAR FALDU ( PROP. OF THE GRAND PALACE )
  • Entity typeIndividual/Propritorship

Key dates

this monthRegisteredJul 2018First promiseSep 2023Revised toSep 2024

Key facts

Registration and timeline

  • StatusValid until 29 Sep 2024
  • Registered on7 Jul 2018
  • Promised completion29 Sep 2024
  • Revised completionRevised to 29 Sep 2024 (originally 30 Sep 2023)
  • Buildings3 building records
  • Documents filed40 files

Current status

92%114 of 124 units booked
100.0%Of the estimated cost spent so far

Figures as on 27 Sep 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A---40040
B---40040
C---44044

The full filing

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

Construction progress by building3

As on 27 Sep 2024, 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.

24 of 27 construction stages are filed complete across 3 buildings. The stage furthest along is Stilt Floor, at 0%.

A89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
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%
B89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
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%
C89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
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 27 Sep 2024, 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 footpathsNoNot applicable
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes100%
Storm water drainsYes100%
Landscaping and tree plantingYes100%
Street lightingNoNot applicable
Community buildingsYes100%
Treatment and disposal of sewage and sullage waterYes100%
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 energyYes100%
SecurityYes100%
Letter boxYes100%

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 area11,242 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 36.53 cr
Cost incurredRs 36.53 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
ANARs 12.18 crRs 12.18 cr
BNARs 12.18 crRs 12.18 cr
CNARs 12.18 crRs 12.18 cr

Certifying professionals and partners2

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

RoleName
ArchitectJawahar Mori(Prop. Design Workshop)
EngineerPRADIP CHAUHAN

Extensions applied for1

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

PR/GJ/RAJKOT/RAJKOT/Others/RAA03116/A1R/EX1/030424/290924Applied Feb 2024; approved Apr 2024

Documents filed40

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/RAJKOT/RAJKOT/Others/RAA03116/A1R/EX1/030424/290924 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)27 Sep 2024
Engineer's certificate (Form 2)24 Sep 2024
Engineer's certificate annexure24 Sep 2024
Architect's certificate (Form 1)23 Sep 2024
Site photograph, A20 Sep 2024
Site photograph, B20 Sep 2024
Site photograph, C20 Sep 2024
RERA registration certificate7 Jul 2018
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 Rajkot

92%of this project is bookeddistrict median 56%
13%of Rajkot projects moved their completion datethis one moved by 12 months

Computed across the 1,800+ Rajkot projects on ReraGenie, from their own filings.

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Other projects near Mavadi1,800+ in Rajkot

2 kmTHE GRAND PALACEOther 321Dot size: filed unitsN

Filed coordinates, straight-line distance. 321 registered projects within 2 km.

Builder: HITESHKUMAR FALDU ( PROP. OF THE GRAND PALACE )

HITESHKUMAR FALDU ( PROP. OF THE GRAND PALACE ) has 1 registration on GujRERA, including THE GRAND PALACE. Read the full track record. See more projects on the Rajkot district page.

Frequently asked questions

What are my rights if THE GRAND PALACE is delayed beyond 29 Sep 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 THE GRAND PALACE?

The registered promoter entity is HITESHKUMAR FALDU ( PROP. OF THE GRAND PALACE ), an individual/propritorship 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 GRAND PALACE?

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 GRAND PALACE?

The professionals named in the filing: Architect: Jawahar Mori(Prop. Design Workshop); Engineer: PRADIP CHAUHAN. 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 GRAND PALACE?

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.

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