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Valid until 30 Sep 2022 Mixed Development project

TWIN TOWER & BUSINESS HUB

By ARADHANA DEVELOPERS

RG-GJ-22309 · RERA PR/GJ/SURAT/KAMREJ/SUDA/MAA04712/A1M/EX1/141221 · Last updated on GujRERA portal: 7 Jul 2022

Source: official GujRERA filing

Red flags

  • Completion date moved by 11 months
  • 1 extension taken

Clear

  • Separate project account declared
Sep 2022Possession promisedmoved 11 months from the original
9 of 18Construction stages doneacross 2 buildings; furthest along: Staircases, 98%
196 of 221Units unsoldnot recorded sold or booked
Jump to the 39 documents Report an error

TWIN TOWER & BUSINESS HUB is a Mixed Development project by ARADHANA DEVELOPERS in Surat, Gujarat, registered with GujRERA as PR/GJ/SURAT/KAMREJ/SUDA/MAA04712/A1M/EX1/141221 on 21 Jan 2019. Possession is promised by 30 Sep 2022. The completion date has moved by 11 months from the original filing. 25 of the 221 units on this registration are recorded sold or booked, and 9 of 18 construction stages are filed complete.

At a glance

Project

  • NameTWIN TOWER & BUSINESS HUB
  • TypeMixed Development
  • Location
    • BLOCK NO. 336
    • 337(NEW BLOCK NO. 394
    • 395)
    • MOJE: KATHODARA
    • KAMREJ
    • Kathodra
    • Kamrej
    • Surat
    • 394326
  • Pincode394326
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/SURAT/KAMREJ/SUDA/MAA04712/A1M/EX1/141221
  • ReraGenie IDRG-GJ-22309

Builder

  • NameARADHANA DEVELOPERS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredJan 2019First promiseOct 2021Revised toSep 2022

Key facts

Registration and timeline

  • StatusValid until 30 Sep 2022
  • Registered on21 Jan 2019
  • Promised completion30 Sep 2022
  • Revised completionRevised to 30 Sep 2022 (originally 5 Oct 2021)
  • Buildings2 building records
  • Documents filed39 files

Current status

11%25 of 221 units booked
54.4%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
A B TYPE---1120112
C TYPE---0109109

The full filing

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

Construction progress by building2

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.

9 of 18 construction stages are filed complete across 2 buildings. The stage furthest along is Staircases, at 98%.

A B TYPE47%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor70%
Slabs of Super Structure60%
Internal walls, internal plaster, floorings, doors and windows within flats30%
Sanitary fittings within the flats30%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks30%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
C TYPE99%
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 flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks98%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing90%

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 footpathsYes50%
Water supplyYes60%
Sewerage (chamber, lines, septic tank, STP)Yes70%
Storm water drainsYes50%
Landscaping and tree plantingNoNot applicable
Street lightingNoNot applicable
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes45%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes45%
Electrical meter room, sub-station, receiving stationYes45%
Fire fightingYes45%
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
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 area4,210 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 17.17 cr
Cost incurredRs 9.34 cr
Spent of the estimate54.4%
BuildingWingEstimatedIncurred
A B TYPENARs 11.11 crRs 3.89 cr
C TYPENARs 6.05 crRs 5.45 cr

Certifying professionals and partners3

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

RoleName
ArchitectDHAVAL D. PATEL
ArchitectKRISHNA A DONGA
EngineerMANSUKH B. KELAWALA

Extensions applied for1

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

PR/GJ/SURAT/KAMREJ/SUDA/MAA04712/A1M/EX1/141221Applied Oct 2021; approved Dec 2021

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/SURAT/KAMREJ/SUDA/MAA04712/A1M/EX1/141221 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, A B TYPE6 Jul 2022
Site photograph, C TYPE6 Jul 2022
RERA registration certificate21 Jan 2019
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 Surat

11%of this project is bookeddistrict median 39%
15%of Surat projects moved their completion datethis one moved by 11 months

Computed across the 2,600+ Surat projects on ReraGenie, from their own filings.

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Other projects near Kathodra2,600+ in Surat

2 kmTWIN TOWER & BUSINESS HUOther 35Dot size: filed unitsN

Filed coordinates, straight-line distance. 35 registered projects within 2 km.

Builder: ARADHANA DEVELOPERS

ARADHANA DEVELOPERS has 1 registration on GujRERA, including TWIN TOWER & BUSINESS HUB. Read the full track record. See more projects on the Surat district page.

Frequently asked questions

What are my rights if TWIN TOWER & BUSINESS HUB is delayed beyond 30 Sep 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 TWIN TOWER & BUSINESS HUB?

The registered promoter entity is ARADHANA DEVELOPERS, 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 TWIN TOWER & BUSINESS HUB?

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 TWIN TOWER & BUSINESS HUB?

The professionals named in the filing: Architect: DHAVAL D. PATEL; Architect: KRISHNA A DONGA; Engineer: MANSUKH B. KELAWALA. 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 TWIN TOWER & BUSINESS HUB?

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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