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Detailed Report

ICONIC TOWER

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA12310/250923 · GujRERA · https://gethorizon.in/projects/iconic-tower-ahmedabad-city-3vvjdsq9

01

Complete project overview

GujRERA · Registration filing
Project name
ICONIC TOWER
Units
245 units
Mix
216 × 2 BHK Flat · 18 × Office · 11 × Shop
Carpet area
21–62 sq mper-unit range, as filed
Blocks
2
Parking
689 spaces
Land area
3,824 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedApr 2023
RERA registeredSep 2023
Proposed completionMar 2028
TodaySep 2026
Construction progress

33% 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 builder registered — not a per-flat listing. Look yours up.

245 units across 3 batches
TypeArea sq mCount
2 BHK Flat60216
Shop3011
Office3318

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

TVAMEV INFRACON

PARTNERSHIP FIRMPromoter type
Ahmedabad, GujaratBased in
1Projects
1City
2023–presentActive
Timelineevery project, start → promised completion
ICONIC TOWER

ICONIC TOWER

this project
Mixed Development
Apr 2023started
Mar 2028target completion
245 flats13,953 sq m₹54.58 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
  • 92 new projects last year
  • 1,252 nearby projects
1 km radius · coordinates as filed · 23.0355, 72.6661 · © OpenStreetMap contributors
Taluka
Ahmedabad City
District
Ahmedabad
Address
RS NO 122/2/P1, TP NO 119, FP NO 43/2, OPP BHAKTI KUNJ HERITAGENR KANBA HOSPITAL, NIKOL
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 968m away
LifestyleNo parks within 2km
ShoppingSupermarket 1.8km away
Getting around
Expressway 1.0 km · Sardar Patel Ring RoadPrimary road 1.2 km · Odhav RoadRailway line 4.6 kmRailway station 4.5km away (Sahijpur)Limited bus connectivity nearby
Water & environment
Water body 707 mCanal 1.4 km · Kharicut Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹54.58 Cr declared to build 245 flats. What that works out to:

₹12.00 Lakh – ₹36.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹22.28 Lakhdeclared cost per flatall-in — land + construction
₹3,634/sq ftof carpet area₹39,119/sq m
19%of the cost is land₹2,546/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

The yearly satellite view ends in 2023 and this project started in 2023, so it does not cover this project's construction: the site was still open ground on the plot when the series ends. The 2026 image shows the site more recently.

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 the plot the promoter drew.

Satellite photographs of the same ground

Mar 2017
Mar 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

  • This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
  • Plot outline was drawn by the promoter on the RERA portal and can be misplaced - check it against the image.
  • Coordinate checked only against its district, not its pincode.
  • The yearly site view ends in 2023, before this project started in 2023.

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.

₹5,424per sq yd
₹6,488per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for “NIKOL”.
In force
2011 schedule
Spread
₹4,933 – ₹6,898 per sq yd across the places it was taken over

This filing declares ₹39,119 per sq m of carpet area — 6.03× 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 locality, and says so above. How Horizon decides what to show.
06

Planning authority

GujRERA · Approved building plan

Ahmedabad Urban Development Authority

Urban Development Authority
Building Permitapproved 25 Sep 2023 · 3 yrs 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 Urban Development Authority

Urban Development Authority

Has approved 2,400 RERA projects — about 1 in 7 in Gujarat.

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

Builders
1,936
On record
3,12,468 flats · 1,153 plots
Reach
22 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→

08

Other projects nearby

The register · within 25 km

2,613 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,252 projects the radar draws within 6 km — every kind, every stage — 437 are residential projects still under way. This list keeps only those, and looks further out.

31 projects within 1 km — showing the nearest 6.

40 m awayResidential/Group Housing

Avadh Lake View

AVADH LAKE VIEW · Ahmedabad City

May 2022registered
Dec 2026target completion
Price band₹27.00 Lakh–₹28.00 LakhScale42 flatsAuthorityGujRERA
Open the read
50 m awayResidential/Group Housing

MARUDHARA HEIGHTS

ASHTAMANGAL DEVELOPERS · Ahmedabad City

Oct 2025registered
Jun 2030target completion
Price band₹29.00 Lakh–₹83.40 LakhScale11 flatsAuthorityGujRERA
Open the read
70 m awayMixed Development

THE SUN IMPERIAL

D N DEVELOPERS · Ahmedabad City

Feb 2024registered
Dec 2026target completion
Price band₹14.00 Lakh–₹28.00 LakhScale32 flatsAuthorityGujRERA
Open the read
100 m awayResidential/Group Housing

SARTHAK LAKE VIEW

KESHAV DEVELOPERS · Ahmedabad City

Jul 2023registered
Mar 2027target completion
Declared cost₹9.68 CrScale56 flatsAuthorityGujRERA
Open the read
130 m awayMixed Development

Lemon Tree

KRUNAL INFRACON · Ahmedabad City

Jul 2023registered
Apr 2028target completion
Price band₹9.41 Lakh–₹56.73 LakhScale136 flatsAuthorityGujRERA
Open the read
130 m awayResidential/Group Housing

GREEN LAKE VIEW

MEGH INFRATECH · Ahmedabad City

Jan 2024registered
Dec 2028target completion
Price band₹32.00 Lakh–₹32.00 LakhScale14 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/iconic-tower-ahmedabad-city-3vvjdsq9.

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.