HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
311 units
Mix
185 × Shops Building A · 69 × Shops Building B · 56 × Shops Building C · 1 × Restaurant cum Hotel Building D
Carpet area
14–2520 sq mper-unit range, as filed
Blocks
4
Parking
200 spaces
Land area
10,096 sq m

Timeline

Project startedJun 2018
RERA registeredSep 2018
Proposed completionJun 2024
TodayJul 2026
Construction progress

63% 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 promoter registered — not a per-unit listing. Look yours up.

311 units across 4 batches
TypeArea sq mCount
Shops Building A46185
Shops Building B2769
Shops Building C2256
Restaurant cum Hotel Building D2,5201

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

SHRI BALAJI ENTERPRISE

PARTNERSHIP FIRMPromoter type
Valsad, GujaratBased in
1Projects
1City
2018–2024Active
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
Pardi
District
Valsad
Pincode
396191
Address
Plot No.165/C/3, VIA RoadGIDC, Vapi
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 465m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingSupermarket 497m away
Getting around
Expressway 239 mPrimary road 419 mRailway line 1.8 kmRailway station 1.9km away (Vapi)Limited bus connectivity nearby
Water & environment
Water body 1.5 km
distances only — not a flood assessment
Land, title & encumbrance
Mortgage311 unit(s) mortgaged to ADITYA BIRLA FINANCE LTD · ₹22.50 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

₹66.26 Cr declared to build 311 flats. What that works out to:

₹9.99 Lakh – ₹11.32 Crdeclared unit pricerange on the filing — not a live asking price
₹21.30 Lakhdeclared cost per flatall-in — land + construction
38%of the cost is land₹2,291/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

GIDC, Vapi

Building Permitapproved 14 Sep 2018 · 7 yrs ago

The promised possession date (30 Jun 2024) 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

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.