HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
120 units
Mix
120 × 3 & 4 BHK Flats and 4 & 6 BHK Penthouses
Carpet area
109–225 sq mper-unit range, as filed
Blocks
3
Parking
3 spaces
Land area
6,281 sq m

Timeline

Project startedFeb 2022
RERA registeredMay 2022
Proposed completionDec 2027
TodayJul 2026
Construction progress

41% 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.

120 units across 1 batch
TypeArea sq mCount
3 & 4 BHK Flats and 4 & 6 BHK Penthouses124120

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

DARSHANAM INFRACON

PARTNERSHIP FIRMPromoter type
Vadodara, GujaratBased in
1Projects
1City
2022–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
Vadodara
District
Vadodara
Address
DARSHANAM SPINEL STONE, B/S ROYAL EDIFICE, B/H ISCON HEIGHTS, NR KRUNAL CHAR RASTA ,GOTRI
What’s nearby
SchoolsNearest school 1.1km away
HealthcareHospital 410m away · 3 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.2 kmPrimary road 355 m · Gotri RoadRailway line 3.1 kmRailway station 4.0km away (Vadodara Junction)Limited bus connectivity nearby
Water & environment
Water body 748 m
distances only — not a flood assessment
Land, title & encumbrance
Mortgage107 unit(s) mortgaged to STATE BANK OF INDIA · ₹41.73 Cr outstanding
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹80.40 Cr declared to build 120 flats. What that works out to:

₹45.00 Lakh – ₹1.75 Crdeclared unit pricerange on the filing — not a live asking price
₹67.00 Lakhdeclared cost per flatall-in — land + construction
₹5,011/sq ftof carpet area₹53,935/sq m
20%of the cost is land₹2,351/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

Others

Building Permitapproved 4 May 2022 · 4 yrs ago
The occupancy certificate — the proof that isn’t here

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

The approving body, at scale

The approving authority

The body that sanctioned this project. It has approved 2,653 RERA projects across 26 talukas about 1 in 6 in Gujarat.

Volume is context, not a verdict — a busier authority is not 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.