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Valid until 31 Jul 2022 Commercial project

THE METROPOLIS

By OPERA LIFESTYLE INC

RG-GJ-91566 · RERA PR/GJ/VALSAD/VALSAD/Others/CAA03279/EX1/031221 · Last updated on GujRERA portal: 7 Jul 2022

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
Jul 2022Possession promisedmoved 12 months from the original
3 of 3Construction stages doneevery applicable stage filed complete
41 of 55Units unsoldnot recorded sold or booked
Jump to the 37 documents Report an error

THE METROPOLIS is a Commercial project by OPERA LIFESTYLE INC in Valsad, Gujarat, registered with GujRERA as PR/GJ/VALSAD/VALSAD/Others/CAA03279/EX1/031221 on 30 Jul 2018. Possession is promised by 31 Jul 2022. The completion date has moved by 12 months from the original filing. 14 of the 55 units on this registration are recorded sold or booked, and 3 of 3 construction stages are filed complete.

At a glance

Project

  • NameTHE METROPOLIS
  • TypeCommercial
  • Location
    • Dharampur Road Opp S T Workshop Abrama
    • Valsad
    • Abrama
    • Valsad
    • 396002
  • Pincode396002
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VALSAD/VALSAD/Others/CAA03279/EX1/031221
  • ReraGenie IDRG-GJ-91566

Builder

  • NameOPERA LIFESTYLE INC
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredJul 2018First promiseJul 2021Revised toJul 2022

Key facts

Registration and timeline

  • StatusValid until 31 Jul 2022
  • Registered on30 Jul 2018
  • Promised completion31 Jul 2022
  • Revised completionRevised to 31 Jul 2022 (originally 31 Jul 2021)
  • Buildings1 building record
  • Documents filed37 files

Current status

25%14 of 55 units booked
7.5%Of the estimated cost spent so far

Figures as on 7 Jul 2022, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
THE METROLPOLIS---05555

The full filing

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

Construction progress by building1

As on 7 Jul 2022, 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.

3 of 3 construction stages are filed complete.

THE METROLPOLIS: 100% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
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 tanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofingNot applicable
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishingNot applicable

Progress on shared amenities19

As on 7 Jul 2022, 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 supplyYes0%
Sewerage (chamber, lines, septic tank, STP)Yes0%
Storm water drainsYes0%
Landscaping and tree plantingYes0%
Street lightingYes0%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterYes0%
Solid waste management and disposalYes0%
Water conservation, rain water harvestingYes0%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingYes0%
Drinking water facilitiesYes0%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes0%
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 area3,222 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 82.50 cr
Cost incurredRs 6.16 cr
Spent of the estimate7.46%
BuildingWingEstimatedIncurred
THE METROLPOLISNARs 82.50 crRs 6.16 cr

Extensions applied for1

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

PR/GJ/VALSAD/VALSAD/Others/CAA03279/EX1/031221Applied Jul 2021; approved Dec 2021

Documents filed37

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/VALSAD/VALSAD/Others/CAA03279/EX1/031221 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)7 Jul 2022
Engineer's certificate (Form 2)7 Jul 2022
Engineer's certificate annexure7 Jul 2022
Accountant's certificate (Form 3)7 Jul 2022
Site photograph, THE METROLPOLIS7 Jul 2022
RERA registration certificate30 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-
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 Valsad

25%of this project is bookeddistrict median 45%
23%of Valsad projects moved their completion datethis one moved by 12 months

Computed across the 390+ Valsad projects on ReraGenie, from their own filings.

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Other projects near Abrama390+ in Valsad

2 kmTHE METROPOLISOther 40Dot size: filed unitsN

Filed coordinates, straight-line distance. 40 registered projects within 2 km.

Builder: OPERA LIFESTYLE INC

OPERA LIFESTYLE INC has 1 registration on GujRERA, including THE METROPOLIS. Read the full track record. See more projects on the Valsad district page.

Frequently asked questions

What are my rights if THE METROPOLIS is delayed beyond 31 Jul 2022?

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 METROPOLIS?

The registered promoter entity is OPERA LIFESTYLE INC, 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 METROPOLIS?

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.

What should I check before booking in THE METROPOLIS?

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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