HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
16 units
Mix
16 × Bungalows
Carpet area
75–150 sq mper-unit range, as filed
Land area
2,159 sq m

Timeline

Project startedFeb 2019
RERA registeredMay 2019
Proposed completionMar 2023
TodayJul 2026
Construction progress

91% 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 promoter registered — not a per-flat listing. Look yours up.

16 units across 1 batch
TypeArea sq mCount
Bungalows12116

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).

02

Builder’s track record

GujRERA · Promoter registration

FRIENDS DEVELOPER

PARTNERSHIP FIRMPromoter type
Surat, GujaratBased in
3Projects
2Cities
2018–2023Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
191 homeson the public record across 3 projects
4,576 sq mland declared
₹26.65 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

GujRERA · Registration filing
Taluka
Surat City
District
Surat
Pincode
395009
Address
BLOCK NO.588/1/BTP-10, FP-99, ALTIMO BUNGALOWS ADAJAN
What’s nearby
SchoolsNearest school 1.1km away · Library 1.4km away
HealthcareHospital 172m away · 5 clinics within 1km · Doctor's clinic within 1km
LifestylePark 568m away · Gym or sports centre 1.7km away · 8 restaurants and cafes within 1km
ShoppingNo supermarket within 2km · Mall 1.3km away
Getting around
Expressway 136 m · Adjan- Surat FlyoverPrimary road 330 mRailway line 3.7 kmMetro station 761m away (Badri Narayan Temple)Limited bus connectivity nearby
Water & environment
River 1.3 km · Tapi
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding · ₹1.39 Cr outstanding
As declared by the promoter 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

₹11.84 Cr declared to build 16 flats. What that works out to:

₹53.35 Lakh – ₹1.50 Crdeclared unit pricerange on the filing — not a live asking price
₹74.03 Lakhdeclared cost per flatall-in — land + construction
37%of the cost is land₹1,869/sq ft of land

This is what the promoter 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.

04

Planning authority

GujRERA · Approved building plan

Surat Municipal Corporation

Municipal / Corporation
Building Permitapproved 17 May 2019 · 7 yrs ago

The promised possession date (30 Mar 2023) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Surat Municipal Corporation

Municipal Corporation

Has approved 1,566 RERA projectsabout 1 in 11 in Gujarat.

an apartments market85% apartments · 15% plotted layouts. Apartments like yours are this body's core business.

Builders
1,275
On record
2,64,009 flats · 16,727 plots
Reach
8 talukas
Since
2005

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.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.
  • Complaints — GujRERA does not publish a complaints register. This read cannot speak to them either way.