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Detailed Report

KEYSTONE 48

PR/GJ/VADODARA/VADODARA/Others/MAA10436/A1M/191022 · GujRERA · https://gethorizon.in/projects/keystone-48-vadodara-6lj6wape

01

Complete project overview

GujRERA · Registration filing
Project name
KEYSTONE 48
Units
44 units
Mix
36 × Residential · 8 × Shop
Carpet area
22–392 sq mper-unit range, as filed
Parking
3 spaces
Land area
3,838 sq m

Timeline

Project startedMay 2022
RERA registeredJul 2022
Proposed completionDec 2027
TodaySep 2026
Construction progress

99% 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.

44 units across 2 batches
TypeArea sq mCount
Shop568
Residential24136

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

SHREEJI CONSTRUCTION

PARTNERSHIP FIRMPromoter type
Vadodara, GujaratBased in
17Projects
6Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
1,726 homeson the public record across 17 projects
94,452 sq mbuilt-up filed
47,703 sq mland declared
₹67.56 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Slum Rehabilitation AuthoritySlum Rehabilitation Authority6 of 11 projects
Municipal Corporation of Greater MumbaiMunicipal Corporation2 of 11 projects
Gandhinagar Urban Development AuthorityUrban Development Authority1 of 11 projects
Othersthis project1 of 11 projects
Rajkot Municipal CorporationMunicipal / Corporation1 of 11 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from SHREEJI CONSTRUCTION— the full portfolio →

03

Location & price analysis

GujRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 66 new projects last year
  • 1,280 nearby projects
1 km radius · coordinates as filed · 22.2925, 73.1303 · © OpenStreetMap contributors
Taluka
Vadodara
District
Vadodara
Address
B/S NILAMBER PALMS
What’s nearby
SchoolsNo schools within 2km · College or university 822m away
HealthcareHospital 327m away · 2 clinics within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.2km away
ShoppingNo supermarket within 2km
Getting around
Expressway 2.9 kmPrimary road 2.5 km · Gotri RoadRailway station 3.0km away (Bhaili)Limited bus connectivity nearby
Water & environment
Water body 1.5 km
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding · ₹5.32 Cr outstanding
As declared by the builder 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

₹55.28 Cr declared to build 44 flats. What that works out to:

₹22.00 Lakh – ₹2.63 Crdeclared unit pricerange on the filing — not a live asking price
₹1.26 Crdeclared cost per flatall-in — land + construction
₹5,632/sq ftof carpet area₹60,626/sq m
35%of the cost is land₹4,644/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

No building detected on the plot 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 the plot the promoter drew.

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 on the plot through 2023. That is what the imagery shows, not a statement about the project’s progress.
  • 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.

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

05

Government Guidance Rate

Gujarat registration department

In Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.

No government guidance rate is shown for this project.

Gujarat's jantri is in Horizon's record, but this filing names no place the book prints — or names two — and a survey number repeats in every village of a district, so nothing can be tied to this project without guessing.

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

GujRERA · Approved building plan

Others

Building Permitapproved 14 Jul 2022 · 4 yrs ago
Building-Use (BU) permission — the occupancy sign-off, on record

All 1 block carry a Building-Use (BU) permission (latest 30 Mar 2026)— Gujarat’s legal-to-occupy sign-off, and the completion proof most RERA records simply don’t carry. Still confirm the BU covers your specific unit before you rely on it.

The approving body, at scale

The approving authority

The body that approved 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.

08

Other projects nearby

The register · within 25 km

1,136 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,280 projects the radar draws within 6 km — every kind, every stage — 495 are residential projects still under way. This list keeps only those, and looks further out.

42 projects within 1 km — showing the nearest 6.

100 m awayMixed Development

Ananta Stanford Luxor

Dharma Buildcon · Vadodara

Apr 2026registered
Mar 2031target completion
Price band₹30.00 Lakh–₹2.80 CrScale77 flatsAuthorityGujRERA
230 m awayMixed Development

Tiara by Courtyard

VED DEVELOPERS · Vadodara

Aug 2024registered
Dec 2029target completion
Price band₹40.00 Lakh–₹1.30 CrScale112 flatsAuthorityGujRERA
240 m awayMixed Development

Courtyard Bellagio

VED REALTY · Vadodara

May 2023registered
Feb 2028target completion
Declared cost₹46.33 CrScale61 flatsAuthorityGujRERA
330 m awayResidential/Group Housing

Uma Residences

KABEL BUILDCON SOLUTIONS PRIVATE LIMITED · Vadodara

Jun 2022registered
Dec 2027target completion
Price band₹95.00 Lakh–₹3.67 CrScale54 flatsAuthorityGujRERA
330 m awayMixed Development

VIHAV CENTRAL BUSINESS DISTRICT

VIHAV CONSTRUCTION · Vadodara

Oct 2022registered
Dec 2028target completion
Declared cost₹134.19 CrScale361 flatsAuthorityGujRERA
360 m awayResidential/Group Housing

Pratham Arista Phase 1

Pratham Lifespaces LLP · Vadodara

Jun 2025registered
Dec 2029target completion
Price band₹1.50 Cr–₹1.50 CrScale76 flatsAuthorityGujRERA

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
    • No government guidance rate could be matched to this project from Gujarat's published schedules.
  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/keystone-48-vadodara-6lj6wape.

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.