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Detailed Report

FIRST AVENUE

RAJ/P/2018/666 · RAJ-RERA · https://gethorizon.in/projects/first-avenue-alwar-jxrwuefh

01

Complete project overview

RAJ-RERA · Registration filing
Land area
1,063 sq m
Description
The detail of separate bank account as per section 4(2)(l)(D) of the Act has been changed on 20.06.2019. As per this modification the earlier account no. 916020051955690 of AXIS Bank, Civil LInes, Jaipur has now been changed to account no.918020043356739 of AXIS Bank Neemrana.

Timeline

Construction startMar 2018
RERA registeredMar 2018
Proposed completionMar 2023
TodaySep 2026
02

Builder’s track record

RAJ-RERA · Builder registration

Neemrana Land Pvt Ltd

OrganisationPromoter type
Alwar, RajasthanBased in
1Projects
1City
2018–2023Active
Timelineevery project, start → promised completion

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

RAJ-RERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 21 nearby projects
1 km radius · coordinates as filed · 27.9785, 76.3863 · © OpenStreetMap contributors
Address
PLOT NO. C C- 10, RIICO Industrial Area, Neemrana, Alwar, Alwar, 301705
Village
Neemrana
Taluka
Alwar
District
Alwar
Pincode
301705
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 87m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 744 mPrimary road 950 mNo metro or railway within 5kmLimited bus connectivity nearby
Price analysisdeclared build cost — not a sale price

₹6.25 Cr declared. What that works out to:

40%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

Satellite view of the site

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

No building detected within ~20 m of the recorded location in any year from 2016 to 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
Feb 2023
Mar 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

  • No building is visible in this circle through 2023. That is what the imagery shows, not a statement about the project’s progress.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.

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

05

Government Guidance Rate

Rajasthan registration department

In Rajasthan it’s called the DLC rate.

No government guidance rate is shown for this project.

Rajasthan's schedule is in Horizon's record, but this project's filed location couldn't be matched to one place with certainty — so no figure is shown rather than a guess.

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

RAJ-RERA · Approved building plan

RIICO

Industrial Development Corporation
Building Permitapproved 23 Mar 2018 · 8 yrs ago

The promised possession date (14 Mar 2023) 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.

The approving body, at scale

The planning authority

The body that approved this project. It has approved 52 RERA projects across 16 districts 2.4% of Rajasthan.

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.

08

Other projects nearby

The register · within Alwar

One commercial project still under way within Alwar. The nearest 1:

Of the 21 projects the radar draws within 6 km — every kind, every stage — none is a commercial project still under way. This list keeps only those, and looks further out.

52.0 km awayCommercial

MAGNUM SQUARE

GANPATI LEASING INFRASTRUCTURE PRIVATE LIMITED · Alwar

Mar 2022registered
Dec 2026target completion
Declared cost₹6.82 CrAuthorityRAJ-RERA

Projects within Alwar, 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.
  • 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.
    • Coordinates: as filed with RAJ-RERA.
    • 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 Rajasthan's published schedules.
  6. 06Planning authority
    • RAJ-RERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • RAJ-RERA's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within Alwar 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/first-avenue-alwar-jxrwuefh.

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.