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Detailed Report

BHAVNAGAR DIAMOND BOURSE

PR/GJ/BHAVNAGAR/BHAVNAGAR/Bhavnagar Municipal Corporation/CAA13926/020824/311227 · GujRERA · https://gethorizon.in/projects/bhavnagar-diamond-bourse-bhavnagar-acjr9bgo

01

Complete project overview

GujRERA · Registration filing
Units
247 units
Mix
214 × Office · 33 × Shop
Carpet area
9–173 sq mper-unit range, as filed
Parking
845 spaces

Timeline

Project startedApr 2023
RERA registeredAug 2024
Proposed completionDec 2027
TodaySep 2026
Construction progress

33% 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.

247 units across 2 batches
TypeArea sq mCount
Office27214
Shop4033

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 registration

SHARMIN DEVELOPERS LLP

LIMITED LIABILITY PARTNERSHIP FIRMPromoter type
Bhavnagar, GujaratBased in
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
BHAVNAGAR DIAMOND BOURSE

BHAVNAGAR DIAMOND BOURSE

this project
Commercial
Apr 2023started
Dec 2027target completion
247 flats7,075 sq m

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.

03

Location & price analysis

GujRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 71 new projects last year
  • 682 nearby projects
1 km radius · coordinates as filed · 21.7689, 72.1315 · © OpenStreetMap contributors
Taluka
Bhavnagar
District
Bhavnagar
Pincode
364001
Address
PLOT NO. 1 2 3, C.S. NO.4838, WARD NO.1, MAHALAXMI PNEUMATIC ROLLAR FLOURS PVT. LTD.NEAR VITHALWADI, BHAVNAGAR
What’s nearby
SchoolsNearest school 1.7km away · College or university 1.8km away
HealthcareHospital 319m away · 3 clinics within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.2km away
Getting around
Expressway 1.1 kmPrimary road 29 mRailway line 511 mRailway station 1.3km away (Bhavnagar Para)Bus stop within 1km
Water & environment
Water body 1.5 km · Gangajalia TalavRiver 4.6 km
distances only — not a flood assessment
Price analysisdeclared unit prices — not a live asking price

The unit prices the builder filed with the authority:

₹1.65 Lakh – ₹29.93 Lakhdeclared unit pricerange on the filing — not a live asking price

The unit prices as filed with the authority — not a live asking price. What a unit actually sells for, and any premium, sits above this and can move after the filing.

04

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

The yearly satellite view ends in 2023 and this project started in 2023, so it does not cover this project's construction: the site was still open ground on the plot when the series ends. The 2026 image shows the site more recently.

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

Mar 2017
Mar 2023
Jan 2026

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

  • This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
  • Plot outline was drawn by the promoter on the RERA portal and can be misplaced - check it against the image.
  • The yearly site view ends in 2023, before this project started in 2023.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Gujarat registration department

In 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 plan

Bhavnagar Municipal Corporation

Municipal / Corporation
Building Permitapproved 2 Aug 2024 · 2 yrs ago
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.

The approving body, at scale

Bhavnagar Municipal Corporation

Municipal Corporation

Has approved 488 RERA projects — 2.8% of Gujarat.

an apartments market — 71% apartments · 29% plotted layouts. Apartments like yours are this body's core business.

Builders
374
On record
25,516 flats · 7,234 plots
Reach
2 talukas
Since
2011

More layout-heavy than Gujarat overall — 29% 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.

See every project approved by GujRERA→

08

Other projects nearby

The register · within 25 km

40 commercial projects still under way within 25 km. Step out ring by ring:

Of the 682 projects the radar draws within 6 km — every kind, every stage — 40 are commercial projects still under way. This list keeps only those, and looks further out.

3 projects within 1 km — showing the nearest 3.

80 m awayCommercial

RAJHANS HEIGHTS

Propritorship of KETANKUMAR MANILAL SHAH · Bhavnagar

Mar 2025registered
Dec 2028target completion
Price band₹3.24 Lakh–₹80.98 LakhScale24 flatsAuthorityGujRERA
Open the read
120 m awayCommercial

SARDAR DIAMOND BOURSE

SARDAR DIAMOND HUB LLP · Bhavnagar

Apr 2024registered
Dec 2027target completion
Price band₹2.52 Lakh–₹21.25 LakhScale491 flatsAuthorityGujRERA
Open the read
930 m awayCommercial

RAM AVENUE

RAM DEVELOPERS · Bhavnagar

Jul 2022registered
Dec 2026target completion
Price band₹12.00 Lakh–₹67.97 LakhScale14 flatsAuthorityGujRERA
Open the read

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.

  1. 01Complete project overview
    • The project's registration filing with GujRERA, as the builder submitted it.
  2. 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.
  3. 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).
  4. 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).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Gujarat's published schedules.
  6. 06Planning authority
    • GujRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • GujRERA's public record lists no complaints or litigation for this project.
  8. 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/bhavnagar-diamond-bourse-bhavnagar-acjr9bgo.

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.