Yes — registered under affordable housingprice caps & eligibility apply
Timeline
Project startedMar 2021
RERA registeredJun 2021
Proposed completionMar 2024
TodaySep 2026
Construction progress
100% overall, as filed
Overall % complete as filed with GujRERA, taken as the slowest of the project's blocks — a snapshot, not a live tracker. Where a BU permission is on record (section 04), that is the firmer completion signal.
Find your flat
Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.
114 units across 2 batches
TypeArea sq mCount
Residential5598
Shops2316
Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location & price analysis
GujRERA · Registration filing
Taluka
Surat City
District
Surat
Address
TP 21 (SARTHANA SIMADA) OP 5 FP 5 SUB PLOT 2SARTHANA SIMADA
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 815m away · 1 clinic within 1km
LifestylePark 1.2km away
ShoppingNo supermarket within 2km
Getting around
Expressway 4.2 kmPrimary road 842 m · Sarthana FlyoverRailway line 1.9 km · Western Dedicated Freight CorridorMetro station 852m away (Sarthana)Limited bus connectivity nearby
Water & environment
River 246 mCanal 1.5 km
distances only — not a flood assessment
Land, title & encumbrance
Mortgage114 unit(s) mortgaged to DCB BANK LIMITED · ₹4.12 Cr outstanding
As declared by the builder at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price
₹17.02 Cr declared to build 114 flats. What that works out to:
₹4.83 Lakh – ₹17.21 Lakhdeclared unit pricerange on the filing — not a live asking price
₹14.93 Lakhdeclared cost per flatall-in — land + construction
₹2,732/sq ftof carpet area₹29,409/sq m
18%of the cost is land₹1,225/sq ft of land
This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.
Location & price analysis — done
04
Government Guidance Rate
Gujarat Revenue Department — Annual Statement of Rates (jantri), 2011
In Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.
₹8,236per sq yd
₹9,850per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “SIMADA”.
In force
2011 schedule
This filing declares ₹29,409 per sq m of carpet area — 2.99× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
What this number is — and isn’t
The minimum value Gujarat’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
Government Guidance Rate — done
05
Planning authority
GujRERA · Approved building plan
Surat Urban Development Authority
Urban Development Authority
Building Permitapproved 2 Jun 2021 · 5 yrs ago
The promised possession date (31 Mar 2024) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
Building-Use (BU) permission — the occupancy sign-off, on record
All 2 blocks carry a Building-Use (BU) permission (latest 6 Feb 2023)— Gujarat’s legal-to-occupy sign-off, and the completion proof most RERA records simply don’t carry. Still confirm the BU covers your specific unit before you rely on it.
The approving body, at scale
Surat Urban Development Authority
Urban Development Authority
Has approved 895 RERA projects — about 1 in 19 in Gujarat.
a mixed market — 65% apartments · 35% plotted layouts.
Builders
734
On record
1,12,087 flats · 25,390 plots
Reach
14 talukas
Since
2008
More layout-heavy than Gujarat overall — 35% plots here vs 6% statewide.
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to GujRERA
Litigation
None declared in this filing
Only what the builder declared, or what GujRERA records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with GujRERA, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
797 residential projects still under way within 25 km. Step out ring by ring:
Of the 809 projects the radar draws within 6 km — every kind, every stage — 275 are residential projects still under way. This list keeps only those, and looks further out.