HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
50 units
Carpet area
54–56 sq mper-unit range, as filed
Parking
7 spaces
Land area
1,181 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedNov 2016
RERA registeredJun 2018
Proposed completionOct 2018
TodayJul 2026
Construction progress

100% 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.
02

Builder’s track record

GujRERA · Promoter registration

RAJSHAKTI BUILDERS

PARTNERSHIP FIRMPromoter type
Bhavnagar, GujaratBased in
1Projects
1City
2018–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
Bhavnagar
District
Bhavnagar
Pincode
364001
Address
PLOT 1963 A-B-C-D,SINDHUNAGAROPP. CHAMUNDA MATA MANDIR,BHAVNAGAR
What’s nearby
SchoolsNearest school 1.2km away · College or university 876m away
HealthcareHospital 202m away · 1 clinic within 1km
Lifestyle1 park within 500m · Gym or sports centre 321m away
ShoppingSupermarket 1.4km away · Bank 254m away · ATM within 500m
Getting around
Expressway 922 m · Talaja Jakatnaka to Shivaji Circle RoadPrimary road 222 m · Talaja RoadRailway line 3.0 kmRailway station 3.2km away (Bhavnagar Terminus)Limited bus connectivity nearby
Water & environment
Water body 2.2 kmRiver 3.6 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.73 Cr declared to build 50 flats. What that works out to:

₹12.50 Lakhdeclared unit pricerange on the filing — not a live asking price
₹9.46 Lakhdeclared cost per flatall-in — land + construction
32%of the cost is land₹1,180/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

Bhavnagar Municipal Corporation

Municipal / Corporation
Building Permitapproved 12 Jun 2018 · 8 yrs ago

The promised possession date (31 Oct 2018) 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

Bhavnagar Municipal Corporation

Municipal Corporation

Has approved 488 RERA projects2.8% of Gujarat.

an apartments market71% apartments · 29% plotted layouts. Apartments like yours are this body's core business.

Builders
374
On record
25,516 flats · 7,234 plots
Reach
2 talukas
Since
2011

More layout-heavy than Gujarat overall — 29% plots here vs 6% statewide.

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.

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.