HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
40 units
Mix
40 × Residential flats
Carpet area
37–37 sq mper unit, as filed
Blocks
2
Parking
40 spaces
Land area
2,512 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedMar 2018
RERA registeredApr 2022
Proposed completionDec 2026
TodayJul 2026
Construction progress

40% 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.

40 units across 1 batch
TypeArea sq mCount
Residential flats3740

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

KARMAA DEVELOPERS

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
Peramount Compound, Opp. Bank of India,
What’s nearby
SchoolsNearest school 1.7km away
HealthcareHospital 455m away · Clinic within 2km
LifestylePark 1.9km away · Gym or sports centre 352m away
ShoppingNo supermarket within 2km
Getting around
Expressway 1.3 kmPrimary road 136 m · Pratap Nagar FlyoverRailway line 175 mRailway station 308m away (Pratapnagar)Limited bus connectivity nearby
Water & environment
Water body 686 m · Danteshwar TalavRiver 1.5 km
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding · ₹35.5 Lakh 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

₹5.42 Cr declared to build 40 flats. What that works out to:

₹14.51 Lakh – ₹16.10 Lakhdeclared unit pricerange on the filing — not a live asking price
₹13.55 Lakhdeclared cost per flatall-in — land + construction
₹3,368/sq ftof carpet area₹36,257/sq m
27%of the cost is land₹546/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 22 Apr 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.