Is Fifth Element registered under RERA?

Yes. Fifth Element by SHANKARA VENTURES is on the public record with GujRERA under RERA registration number PR/GJ/AHMEDABAD/DASKROI/Ahmedabad Municipal Corporation/MAA16832/120526/311229.

When is Fifth Element due for possession?

The promised completion date on file with GujRERA is December 2029. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of Fifth Element?

Fifth Element is filed by SHANKARA VENTURES (PARTNERSHIP FIRM), per its GujRERA registration.

Which authority approved Fifth Element?

The building permit for Fifth Element was approved by Ahmedabad Municipal Corporation. This is the sanction of the plan, not confirmation the project was built to it.

Where is Fifth Element located?

Fifth Element is located in Daskroi, Gujarat, as filed with GujRERA.

Fifth Element RERA, Daskroi, Gujarat — the public record

Name: Fifth Element — public record
Creator: GujRERA

Fifth Element

PR/GJ/AHMEDABAD/DASKROI/Ahmedabad Municipal Corporation/MAA16832/120526/311229 · GujRERA · https://gethorizon.in/projects/fifth-element-daskroi-cl30sr3e

Complete project overview

GujRERA · Registration filing

Project name: Fifth Element
Units: 44 units
Mix: 39 × Flat · 5 × Shop
Carpet area: 24–80 sq mper-unit range, as filed
Parking: 85 spaces
Affordable housing: Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedMar 2026

RERA registeredMay 2026

Proposed completionDec 2029

TodaySep 2026

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

44 units across 2 batches

TypeArea sq mCount

Flat7839

Shop355

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).

Builder’s track record

GujRERA · Builder registration

SHANKARA VENTURES

PARTNERSHIP FIRMPromoter type

Ahmedabad, GujaratBased in

1Projects

1City

2026–presentActive

Timelineevery project, start → promised completion

Fifth Element

this project

Mixed Development

Mar 2026started

Dec 2029target completion

44 flats3,209 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.

Location & price analysis

GujRERA · Registration filing

Taluka: Daskroi
District: Ahmedabad
Pincode: 380059
Address: Fifth Element, Shilaj Canal Road,

What’s nearby

SchoolsNo schools within 2km

HealthcareNearest hospital 2.1km away

LifestyleNo parks within 2km

ShoppingNo supermarket within 2km

Getting around

Expressway 224 m · Sardar Patel Ring RoadPrimary road 3.9 kmRailway line 1.2 kmRailway station 1.5km away (Ambli Road)Limited bus connectivity nearby

Water & environment

Water body 800 m · Shilaj Lake

distances only — not a flood assessment

Price analysisdeclared unit prices — not a live asking price

The unit prices the builder filed with the authority:

₹19.00 Lakh – ₹62.00 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.

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.

₹6,062per sq yd

₹7,250per sq m

Which rate: land + construction: residential flat
Matched to: The rate published for “SHILAJ”.
In force: 2011 schedule
Spread: ₹4,808 – ₹7,525 per sq yd across the places it was taken over

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 locality, and says so above. How Horizon decides what to show.

Planning authority

GujRERA · Approved building plan

Ahmedabad Municipal Corporation

Municipal / Corporation

Building Permitapproved 12 May 2026 · 4 mo 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

Ahmedabad Municipal Corporation

Municipal Corporation

Has approved 3,250 RERA projects — about 1 in 5 in Gujarat, more than any other body in the state.

an apartments market — 99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders: 2,712
On record: 4,25,177 flats · 633 plots
Reach: 6 talukas
Since: 2007

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→

Complaints & litigation

GujRERA · public record

Complaints register

None on record with GujRERA against this project.

Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.

What the builder declared

Declared to GujRERA

Litigation: None declared in this filing

Only what the builder declared, or what GujRERA records itself, can appear here — a case filed elsewhere and never declared would not.

Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.

Not a clean bill. An empty record means nothing was filed with GujRERA, or that this register doesn’t publish it — never that nothing happened.

Other projects nearby

The register · within 25 km

2,627 residential projects still under way within 25 km. Step out ring by ring:

Of the 979 projects the radar draws within 6 km — every kind, every stage — 373 are residential projects still under way. This list keeps only those, and looks further out.

25 projects within 1 km — showing the nearest 6.

70 m awayMixed Development

Silver Brook 2

AVIRAT SHILAJ PROJECT · Ahmedabad City

Dec 2022registered

Dec 2026target completion

Declared cost₹77.10 CrScale192 flatsAuthorityGujRERA

Open the read Compare

130 m awayMixed Development

SHARV SHUBH

SHREEJI INFRASPACE REALTY LLP · Daskroi

Dec 2025registered

Dec 2028target completion

Price band₹17.70 Lakh–₹68.00 LakhScale79 flatsAuthorityGujRERA

Open the read Compare

170 m awayMixed Development

Panchamrut Orchid

PANCHAMRUT VENTURES · Daskroi

Nov 2025registered

Jun 2030target completion

Price band₹26.00 Lakh–₹93.00 LakhScale85 flatsAuthorityGujRERA

Open the read Compare

180 m awayMixed Development

Shilaj Sky

SATVAM INFRA LLP · Ahmedabad City

May 2023registered

Mar 2028target completion

Price band₹15.00 Lakh–₹90.84 LakhScale325 flatsAuthorityGujRERA

Open the read Compare

180 m awayMixed Development

KARMA ELEGANCE

KARMIK SMART SPACES · Ahmedabad City

Jan 2023registered

Oct 2026target completion

Price band₹14.00 Lakh–₹1.11 CrScale293 flatsAuthorityGujRERA

Open the read Compare

230 m awayMixed Development

SHILP SERENE

SHILP INFRAPROJECTS PRIVATE LIMITED · Ahmedabad City

Oct 2022registered

Mar 2027target completion

Price band₹20.17 Lakh–₹1.96 CrScale654 flatsAuthorityGujRERA

Open the read Compare

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.