HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
104 units
Mix
104 × Flats
Carpet area
132–177 sq mper-unit range, as filed
Blocks
2
Parking
425 spaces
Land area
3,990 sq m

Timeline

Project startedMar 2022
RERA registeredJan 2023
Proposed completionDec 2027
TodayJul 2026
Construction progress

90% 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.

104 units across 1 batch
TypeArea sq mCount
Flats142104

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

VMS CORPORATION

PARTNERSHIP FIRMPromoter type
Surat, GujaratBased in
1Projects
1City
2023–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter so far. 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
Address
T.P.S.NO.75 (VESU-MAGDALLA-GAVIER-ABHVA)
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 570m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Mall 1.6km away
Getting around
Expressway 1.3 kmPrimary road 872 mMetro station 2.0km away (Bhimrad Station)Limited bus connectivity nearby
Water & environment
Canal 380 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹66.46 Cr declared to build 104 flats. What that works out to:

₹63.75 Lakh – ₹86.48 Lakhdeclared unit pricerange on the filing — not a live asking price
₹63.91 Lakhdeclared cost per flatall-in — land + construction
₹4,173/sq ftof carpet area₹44,919/sq m
25%of the cost is land₹3,829/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 Urban Development Authority

Urban Development Authority
Building Permitapproved 16 Jan 2023 · 3 yrs ago
Building-Use (BU) permission — the occupancy sign-off, on record

All 2 blocks carry a Building-Use (BU) permission (latest 14 Aug 2025)— 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 projectsabout 1 in 19 in Gujarat.

a mixed market65% 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.

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.