ReraGenieLog inGet a buyer report

Home / Browse projects / Ahmedabad, Gujarat / VASHISHTH VANIJYAM

Valid until 31 Oct 2020 Commercial project

VASHISHTH VANIJYAM

By VRUNDA BUILDCON

RG-GJ-16151 · RERA PR/GJ/AHMEDABAD/DASKROI/AUDA/CAA04688/EX1/210620 · Last updated on GujRERA portal: 7 Sep 2020

Source: official GujRERA filing

Red flags

  • Completion date moved by 8 months
  • 1 extension taken

Clear

  • Separate project account declared
Oct 2020Possession promisedmoved 8 months from the original
6 of 6Construction stages doneevery applicable stage filed complete
43 of 43Units unsoldnot recorded sold or booked
Jump to the 37 documents Report an error

VASHISHTH VANIJYAM is a Commercial project by VRUNDA BUILDCON in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/DASKROI/AUDA/CAA04688/EX1/210620 on 17 Jan 2019. Possession is promised by 31 Oct 2020. The completion date has moved by 8 months from the original filing. 0 of the 43 units on this registration are recorded sold or booked, and 6 of 6 construction stages are filed complete.

At a glance

Project

  • NameVASHISHTH VANIJYAM
  • TypeCommercial
  • Location
    • RADHE BUSINESS EMPIERE
    • ASLALI
    • Aslali
    • Daskroi
    • Ahmedabad
    • 382405
  • Pincode382405
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/DASKROI/AUDA/CAA04688/EX1/210620
  • ReraGenie IDRG-GJ-16151

Builder

  • NameVRUNDA BUILDCON
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredJan 2019First promiseFeb 2020Revised toOct 2020

Key facts

Registration and timeline

  • StatusValid until 31 Oct 2020
  • Registered on17 Jan 2019
  • Promised completion31 Oct 2020
  • Revised completionRevised to 31 Oct 2020 (originally 28 Feb 2020)
  • Buildings1 building record
  • Documents filed37 files

Current status

0%0 of 43 units booked
48.4%Of the estimated cost spent so far

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

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Vashishth Vanijyam---04343

The full filing

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

Construction progress by building1

As on 7 Sep 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.

6 of 6 construction stages are filed complete.

Vashishth Vanijyam: 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 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 7 Sep 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 footpathsYes100%
Water supplyYes100%
Sewerage (chamber, lines, septic tank, STP)Yes90%
Storm water drainsYes100%
Landscaping and tree plantingYes90%
Street lightingYes100%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes90%
Electrical meter room, sub-station, receiving stationYes100%
Fire fightingNoNot applicable
Drinking water facilitiesNoNot applicable
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 area7,294 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 3.95 cr
Cost incurredRs 1.91 cr
Spent of the estimate48.42%
BuildingWingEstimatedIncurred
Vashishth VanijyamNARs 3.95 crRs 1.91 cr

Certifying professionals and partners2

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

RoleName
ArchitectNIRAV VAGHELA
EngineerSOLANKI TUSHAR SHASHIKANT BHAI

Extensions applied for1

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

PR/GJ/AHMEDABAD/DASKROI/AUDA/CAA04688/EX1/210620Applied Feb 2020; approved Jun 2020

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/AHMEDABAD/DASKROI/AUDA/CAA04688/EX1/210620 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 Sep 2020
Engineer's certificate (Form 2)7 Sep 2020
Engineer's certificate annexure7 Sep 2020
Accountant's certificate (Form 3)7 Sep 2020
RERA registration certificate17 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 Ahmedabad

0%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one moved by 8 months

Computed across the 5,400+ Ahmedabad projects on ReraGenie, from their own filings.

Keep VASHISHTH VANIJYAM on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Aslali5,400+ in Ahmedabad

2 kmVASHISHTH VANIJYAMOther 131Dot size: filed unitsN

Filed coordinates, straight-line distance. 131 registered projects within 2 km.

Builder: VRUNDA BUILDCON

VRUNDA BUILDCON has 1 registration on GujRERA, including VASHISHTH VANIJYAM. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if VASHISHTH VANIJYAM is delayed beyond 31 Oct 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 VASHISHTH VANIJYAM?

The registered promoter entity is VRUNDA BUILDCON, 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 VASHISHTH VANIJYAM?

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 VASHISHTH VANIJYAM?

The professionals named in the filing: Architect: NIRAV VAGHELA; Engineer: SOLANKI TUSHAR SHASHIKANT BHAI. 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 VASHISHTH VANIJYAM?

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.

Report an error Share feedback

Report an error or share feedback

About VASHISHTH VANIJYAM. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save VASHISHTH VANIJYAM to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.