330 m awayCommercial
SHYAM SQUARE
SHYAM INFRA · Surat City
Nov 2023registered
Dec 2026target completion
Declared cost₹8.60 CrScale62 flatsAuthorityGujRERA
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Detailed ReportAngel Business Center-2
01
Complete project overview
GujRERA · Registration filing- Units
- 376 units
- Mix
- 395 × Shop
- Carpet area
- 6–961 sq mper-unit range, as filed
- Blocks
- 6
- Parking
- 98 spaces
- Land area
- 4,623 sq m
Timeline
Project startedMay 2018
RERA registeredOct 2018
Proposed completionJul 2021
TodaySep 2026
Construction progress
99% 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 unit
Filed by type and size, in the batches the builder registered — not a per-unit listing. Look yours up.
TypeArea sq mCount
Shop19395
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 · Builder registrationAngel Enterprise
PARTNERSHIP FIRMPromoter type
Surat, GujaratBased in
3Projects
1City
2018–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
723 homeson the public record across 3 projects
10,283 sq mbuilt-up filed
9,245 sq mland declared
₹46.09 Crdeclared build cost
Build cost is what the builder 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 builder, 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- This project
- 147 new projects last year
- 857 nearby projects
- Taluka
- Surat City
- District
- Surat
- Pincode
- 394101
- Address
- ABC Market-2, Bhakti Nandan CircleNr. Sudam Chowk, Mota Varachha
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 27m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingSupermarket 1.6km away
Getting around
Expressway 2.7 kmPrimary road 989 mRailway line 1.8 km · Mumbai - Delhi RailwayMetro station 2.2km away (Varaccha Chopati Garden)Limited bus connectivity nearby
Water & environment
Water body 950 mRiver 1.6 km · Tapi
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹21.62 Cr declared to build 376 flats. What that works out to:
₹1.60 Lakh – ₹1.65 Crdeclared unit pricerange on the filing — not a live asking price
₹5.75 Lakhdeclared cost per flatall-in — land + construction
₹2,636/sq ftof carpet area₹28,374/sq m
14%of the cost is land₹604/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.
04
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imageryOpen ground on the plot until 2018; a building is first visible in 2019 and is about 20 m tall by 2023.
Satellite view, year by year
loading 2023…
Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is the plot the promoter drew.
Satellite photographs of the same ground
Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.
How to read this
- A building is first visible in 2019.
- Plot outline was drawn by the promoter on the RERA portal and can be misplaced - check it against the image.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
05
Government Guidance Rate
Gujarat registration departmentIn Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.
No government guidance rate is shown for this project.
Gujarat's jantri is in Horizon's record, but this filing names no place the book prints — or names two — and a survey number repeats in every village of a district, so nothing can be tied to this project without guessing.
That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.
06
Planning authority
GujRERA · Approved building planBuilding Permitapproved 29 Oct 2018 · 7 yrs ago
The promised possession date (31 Jul 2021) 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
1 of 6 blocks carry a Building-Use (BU) permission (latest 23 Jul 2021)— Gujarat’s legal-to-occupy sign-off. The remaining blocks are not shown as BU-cleared here; treat those as not-yet-occupiable until confirmed.
The approving body, at scale
Surat Municipal Corporation
Municipal CorporationHas approved 1,566 RERA projects — about 1 in 11 in Gujarat.
an apartments market — 85% 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.
07
Complaints & litigation
GujRERA · public recordNone on record with GujRERA against this project.
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.
08
Other projects nearby
The register · within 25 km180 commercial projects still under way within 25 km. Step out ring by ring:
Of the 857 projects the radar draws within 6 km — every kind, every stage — 73 are commercial projects still under way. This list keeps only those, and looks further out.
7 projects within 1 km — showing the nearest 6.
410 m awayCommercial
MANTRA IT CENTER
MAHAMATI REALTY LLP · Surat City
Mar 2024registered
Dec 2028target completion
Price band₹6.53 Lakh–₹96.58 LakhScale209 flatsAuthorityGujRERA
480 m awayCommercial
OXYGEN HOUSE
ANGEL INFRA · Surat City
Oct 2023registered
Mar 2027target completion
Declared cost₹14.79 CrScale56 flatsAuthorityGujRERA
870 m awayCommercial
RANGILA PARK
SHREE INFRA · Surat City
Apr 2023registered
Dec 2026target completion
Declared cost₹14.17 CrScale219 flatsAuthorityGujRERA
930 m awayCommercial
LIFELINE
RAGHURAJ LIFELINE LLP · Choryasi
Oct 2025registered
Dec 2028target completion
Price band₹46.40 Lakh–₹2.58 CrScale46 flatsAuthorityGujRERA
940 m awayCommercial
KIRAN BUSINESS HUB
VARUNKUMAR BABUBHAI LAKHANI Proprietor of AYRA ENTERPRISE · Choryasi
May 2026registered
Dec 2033target completion
Price band₹9.74 Lakh–₹3.30 CrScale541 flatsAuthorityGujRERA
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
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.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with GujRERA, as the builder submitted it.
- 02Builder's track record
- GujRERA: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the GujRERA filing.
- Coordinates: as filed with GujRERA.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Satellite view of the site
- Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
- Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
- 05Government Guidance Rate
- No government guidance rate could be matched to this project from Gujarat's published schedules.
- 06Planning authority
- GujRERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- GujRERA's public record lists no complaints or litigation for this project.
- 08Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/angel-business-center-2-surat-city-mnzcq9ir.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.