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Detailed Report

BUSINESS BAY CENTER

PR/GJ/SURAT/SURAT CITY/SUDA/CAA11750/100523 · GujRERA · https://gethorizon.in/projects/business-bay-center-surat-city-kjfum4at

01

Complete project overview

GujRERA · Registration filing
Project name
BUSINESS BAY CENTER
Units
32 units
Mix
32 × Shop
Carpet area
15–242 sq mper-unit range, as filed
Parking
52 spaces
Land area
1,157 sq m

Timeline

Project startedDec 2022
RERA registeredMay 2023
Proposed completionDec 2025
TodaySep 2026
Construction progress

76% 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.

32 units across 1 batch
TypeArea sq mCount
Shop6632

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

AMAR ARVINDKUMAR RAVAL PROPRIETOR OF A R DEVELOPERS

Individual/PropritorshipPromoter type
Surat, GujaratBased in
1Projects
1City
2023–2025Active
Timelineevery project, start → promised completion
BUSINESS BAY CENTER

BUSINESS BAY CENTER

this project
Commercial
Dec 2022started
Dec 2025target completion
32 flats2,125 sq m₹11.68 Cr

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
  • 54 new projects last year
  • 729 nearby projects
1 km radius · coordinates as filed · 21.1979, 72.8104 · © OpenStreetMap contributors
Taluka
Surat City
District
Surat
Address
R. S. NO. : 564P 1+2A,FP NO. : 11, OP NO. : 79, T.P.S. NO. : 11 MOJE : ADAJAN,SURAT
What’s nearby
SchoolsNearest school 1.3km away · Library 840m away
HealthcareHospital 585m away · 1 clinic within 1km · Doctor's clinic within 1km
LifestylePark 844m away · 3 restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Mall 1.9km away · Bank 917m away
Getting around
Expressway 881 m · Adjan- Surat FlyoverPrimary road 338 mRailway line 3.1 kmMetro station 941m away (Chowk Bazar)Limited bus connectivity nearby
Water & environment
River 695 m · Tapi
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹11.68 Cr declared to build 32 flats. What that works out to:

₹12.80 Lakh – ₹1.40 Crdeclared unit pricerange on the filing — not a live asking price
₹36.49 Lakhdeclared cost per flatall-in — land + construction
₹5,105/sq ftof carpet area₹54,947/sq m
26%of the cost is land₹2,435/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 imagery

Open ground within ~20 m of the recorded location until 2022; a building is first visible in 2023 and is about 16 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 within ~20 m of the filed location.

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

  • A building is first visible in 2023.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • Coordinate checked only against its district, not its pincode.

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

05

Government Guidance Rate

Gujarat Revenue Department — Annual Statement of Rates (jantri), 2011

In Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.

₹16,723per sq yd
₹20,000per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “ADAJAN”.
In force
2011 schedule

This filing declares ₹54,947 per sq m of carpet area — 2.75× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.

What this number is — and isn’t

  • The minimum value Gujarat’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 village, and says so above. How Horizon decides what to show.
06

Planning authority

GujRERA · Approved building plan

Surat Urban Development Authority

Urban Development Authority
Building Permitapproved 10 May 2023 · 3 yrs ago

The promised possession date (31 Dec 2025) 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

All 1 block carry a Building-Use (BU) permission (latest 24 Oct 2024)— 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 projects — about 1 in 19 in Gujarat.

a mixed market — 65% 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.

See every project approved by GujRERA→

08

Other projects nearby

The register · within 25 km

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

Of the 729 projects the radar draws within 6 km — every kind, every stage — 60 are commercial projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

840 m awayCommercial

SHREEPAD CENTRAL VISTA

SARTHAK ENTERPRISE · Surat City

Mar 2024registered
Dec 2027target completion
Price band₹17.00 Lakh–₹3.80 CrScale175 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
    • Gujarat Revenue Department — Annual Statement of Rates (jantri), 2011.
  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/business-bay-center-surat-city-kjfum4at.

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.