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Detailed Report

Aspen Heights-I in Townone

RAJ/P/2021/1690 · RAJ-RERA · https://gethorizon.in/projects/aspen-heights-i-in-townone-tijara-alwar-0gvy2gmi

01

Complete project overview

RAJ-RERA · Registration filing
Project name
Aspen Heights-I in Townone
Land area
1,18,830 sq m
Completion deadline extended
1 extension on record — latest to 31 Mar 2023declared reason: other than force majeure
Description
1. That we have applied this project as Ongoing-Reregistration of Project. 2. That we have applied for change in promoter profile. 3. That the total gross built-up area for tower A1, A2 & A3 i.e. 360 flats is 33399.58 sq. mtrs. but our share i.e. 180 flats (50%) the gross built-up area is 16699.79 sq. mtrs.

Timeline

Construction startAug 2015
RERA registeredOct 2021
Proposed completionMar 2022
TodaySep 2026
02

Builder’s track record

RAJ-RERA · Builder registration

OXIRICH REALTORS PRIVATE LIMITED

OrganisationPromoter type
Alwar, RajasthanBased in
2Projects
1City
2017–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
676 homeson the public record across 2 projects
62,476 sq mbuilt-up filed
1,54,120 sq mland declared
₹142.75 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.

More from OXIRICH REALTORS PRIVATE LIMITED— the full portfolio →

03

Location & price analysis

RAJ-RERA · Registration filing
Address
Khasra No. 1346/1285, 1345/1285, 1350/1262, 1351/1262, 1360/333, 1361/333, 1362/333, 1363/333, 1377/334, 1378/334, 335, 1379/1244, 1380/1244, 1352/338, 1353/338, 1354/339, 1355/339, 1356/340, 1357/340, 1358/340, 1359/340, 1375/341, 1376/341, 1388/1252, 1389/1252, Khijuriwas, Tijara, Alwar, 301019
Village
Khijuriwas
Taluka
Tijara
District
Alwar
Pincode
301019
Price analysisdeclared build cost — not a sale price

₹52.58 Cr declared. What that works out to:

49%of the cost is 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

Government Guidance Rate

Rajasthan IGRS — DLC rates

In Rajasthan it’s called the DLC rate.

₹15,050per sq yd
₹18,000per sq m
Which rate
residential, interior plot
Matched to
The rate published for “Khijuriwas”.
Highest rate
₹20,067 per sq yd — the top road-facing rate among the residential rates published for this colony

By the road it faces

interior plot₹18,000 / sq m₹15,050 / sq yd
road-facing₹20,000 / sq m₹16,723 / sq yd
41–60 ft road₹22,000 / sq m₹18,395 / sq yd
61–99 ft road₹23,000 / sq m₹19,231 / sq yd
100 ft+ road₹24,000 / sq m₹20,067 / sq yd

The same land, priced by the width of the road it faces — each band the middle of the residential rates published for this colony.

What this number is — and isn’t

  • The minimum value Rajasthan’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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RAJ-RERA · Approved building plan
Building Permitapproved 2 Oct 2021 · 4 yrs ago

The promised possession date (31 Mar 2022) 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

An approved 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 approved plan carries penalty or demolition risk.

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.
  • Construction progress — RAJ-RERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RAJ-RERA does not publish a complaints register. This read cannot speak to them either way.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RAJ-RERA, as the builder submitted it.
  2. 02Builder's track record
    • RAJ-RERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RAJ-RERA filing.
  4. 04Government Guidance Rate
    • Rajasthan IGRS — DLC rates.
  5. 05Planning authority
    • RAJ-RERA: the approved building plan, as filed.
  6. 06Complaints & litigation
    • RAJ-RERA's public record lists no complaints or litigation for this project.

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/aspen-heights-i-in-townone-tijara-alwar-0gvy2gmi.

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.