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Valid until 30 Dec 2020 Mixed Development project

VALAM HUB

By ZARNA DEVELOPERS

RG-GJ-79076 · RERA PR/GJ/VADODARA/VADODARA/Others/MAA03672/111018 · Last updated on GujRERA portal: 7 Nov 2020

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
  • Separate project account declared
Dec 2020Possession promisedno revision filed
4 of 9Construction stages donefurthest along: Sanitary fittings within the flats, 90%
44 of 91Units unsoldnot recorded sold or booked
Jump to the 37 documents Report an error

VALAM HUB is a Mixed Development project by ZARNA DEVELOPERS in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Others/MAA03672/111018 on 11 Oct 2018. Possession is promised by 30 Dec 2020. 47 of the 91 units on this registration are recorded sold or booked, and 4 of 9 construction stages are filed complete.

At a glance

Project

  • NameVALAM HUB
  • TypeMixed Development
  • Location
    • Nr. Siddheshwar Harbour
    • BH. Lijjat Hotel
    • NH-8
    • Kapurai
    • Vadodara.
    • Kapurai
    • Vadodara
    • 390025
  • Pincode390025
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Others/MAA03672/111018
  • ReraGenie IDRG-GJ-79076

Builder

  • NameZARNA DEVELOPERS
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredOct 2018PromisedDec 2020

Key facts

Registration and timeline

  • StatusValid until 30 Dec 2020
  • Registered on11 Oct 2018
  • Promised completion30 Dec 2020
  • Revised completionNone
  • Buildings1 building record
  • Documents filed37 files

Current status

52%47 of 91 units booked
65.0%Of the estimated cost spent so far

Figures as on 7 Nov 2020, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
1---276491

The full filing

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

Construction progress by building1

As on 7 Nov 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.

4 of 9 construction stages are filed complete. The stage furthest along is Sanitary fittings within the flats, at 90%.

1: 74% average across the applicable activities

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 flats90%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks80%
External plumbing and external plaster, elevation, completion of terraces with waterproofing50%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing50%

Progress on shared amenities19

As on 7 Nov 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 footpathsYes80%
Water supplyYes80%
Sewerage (chamber, lines, septic tank, STP)Yes0%
Storm water drainsYes0%
Landscaping and tree plantingNoNot applicable
Street lightingYes0%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalYes0%
Water conservation, rain water harvestingNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingNoNot applicable
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 area728 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 2.59 cr
Cost incurredRs 1.68 cr
Spent of the estimate64.95%
BuildingWingEstimatedIncurred
1NARs 2.59 crRs 1.68 cr

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/VADODARA/VADODARA/Others/MAA03672/111018 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 Nov 2020
Engineer's certificate (Form 2)7 Nov 2020
Engineer's certificate annexure7 Nov 2020
Accountant's certificate (Form 3)7 Nov 2020
RERA registration certificate11 Oct 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 Vadodara

52%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one has not

Computed across the 2,900+ Vadodara projects on ReraGenie, from their own filings.

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Other projects near Kapurai2,900+ in Vadodara

2 kmVALAM HUBOther 190Dot size: filed unitsN

Filed coordinates, straight-line distance. 190 registered projects within 2 km.

Builder: ZARNA DEVELOPERS

ZARNA DEVELOPERS has 1 registration on GujRERA, including VALAM HUB. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if VALAM HUB is delayed beyond 30 Dec 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 VALAM HUB?

The registered promoter entity is ZARNA 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 VALAM 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.

What should I check before booking in VALAM 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; 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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