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Detailed Report

MADHAV III

PR/GJ/RAJKOT/RAJKOT/Others/MAA03906/EX1/220219 · GujRERA · https://gethorizon.in/projects/madhav-iii-rajkot-vx11zpti

01

Complete project overview

GujRERA · Registration filing
Units
20 units
Mix
20 × Residential Cum Shops
Carpet area
11–38 sq mper-unit range, as filed
Parking
1 spaces
Land area
414 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedNov 2017
RERA registeredNov 2018
Proposed completionDec 2019
TodaySep 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.

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

20 units across 1 batch
TypeArea sq mCount
Residential Cum Shops3220

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

MADHAV DEVELOPERS

PARTNERSHIP FIRMPromoter type
Rajkot, GujaratBased in
17Projects
8Cities
2018–presentActive
Timelineevery project, start → promised completion
MADHAV 2GREEN ICEMADHAV IIISANKALP CITYMADHAV RESIDENCYMADHAV IVSilver LuxuriaVRUNDAVAN RESIDENCYSANKALP CITYMADHAV SKYVIEWSKY HOMESSALTORA GREENMadhavkunjRADHE RESIDENCYMADHAV INDUSTRIAL ESTATERADHE RESIDENCY 2SARVASVA PEARL

MADHAV III

this project
Mixed Development
Nov 2017started
Dec 2019target completion
20 flats₹1.58 Cr
Builder DNAthe whole portfolio, summed
1,121 homeson the public record across 17 projects
78,313 sq mbuilt-up filed
27,216 sq mland declared
₹103.75 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
Rajkot Urban Development AuthorityUrban Development Authoritythis project3 of 16 projects
Ahmedabad Municipal CorporationMunicipal / Corporation2 of 16 projects
Bharuch- Ankleshwar Urban Development AuthorityUrban Development Authority2 of 16 projects
Gandhinagar Municipal CorporationMunicipal / Corporation2 of 16 projects
Rajkot Municipal CorporationMunicipal / Corporation2 of 16 projects
Surat Urban Development AuthorityUrban Development Authority2 of 16 projects
Ahmedabad Urban Development AuthorityUrban Development Authority1 of 16 projects
Others1 of 16 projects
Surat Municipal CorporationMunicipal / Corporation1 of 16 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 MADHAV DEVELOPERS— the full portfolio →

03

Location & price analysis

GujRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 55 new projects last year
  • 1,482 nearby projects
1 km radius · coordinates as filed · 22.3071, 70.7704 · © OpenStreetMap contributors
Taluka
Rajkot
District
Rajkot
Pincode
360006
Address
S N 12 paiki old S N 93Plot No 63, Madhapar
What’s nearby
Schools1 school within 1km · College or university 1.7km away
HealthcareHospital 225m away · 1 clinic within 1km
LifestyleNo parks within 2km · Gym or sports centre 861m away
ShoppingSupermarket 1.3km away
Getting around
Expressway 229 mPrimary road 1.8 km · Race Course CircleRailway line 1.6 km · Rajkot–SomnathRailway station 3.4km away (Rajkot Junction)Limited bus connectivity nearby
Price analysisdeclared build cost — not a sale price

₹1.58 Cr declared to build 20 flats. What that works out to:

₹6.00 Lakh – ₹14.51 Lakhdeclared unit pricerange on the filing — not a live asking price
₹7.88 Lakhdeclared cost per flatall-in — land + construction
24%of the cost is land₹844/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

A building already stood within ~20 m of the recorded location in 2016 (about 8 m), 8 m in 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 within ~20 m of the filed location.

Satellite photographs of the same ground

Feb 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

  • A building is first visible in 2016.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.

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.

₹5,393per sq yd
₹6,450per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “MADHAPAR”.
In force
2011 schedule

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 village, and says so above. How Horizon decides what to show.
06

Planning authority

GujRERA · Approved building plan

Rajkot Urban Development Authority

Urban Development Authority
Building Permitapproved 1 Nov 2018 · 7 yrs ago

The promised possession date (31 Dec 2019) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

Building-Use (BU) permission — the occupancy sign-off, on record

All 1 block carry a Building-Use (BU) permission (latest 31 Dec 2019)— 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

Rajkot Urban Development Authority

Urban Development Authority

Has approved 295 RERA projects — 1.7% of Gujarat.

an apartments market — 96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
262
On record
20,916 flats · 369 plots
Reach
6 talukas
Since
2012

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

411 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,482 projects the radar draws within 6 km — every kind, every stage — 281 are residential projects still under way. This list keeps only those, and looks further out.

6 projects within 1 km — showing the nearest 6.

390 m awayMixed Development

Titanium One

NDK BUILDCON INDIA PRIVATE LIMITED · Rajkot

Sep 2024registered
Dec 2026target completion
Price band₹11.00 Lakh–₹26.70 LakhScale674 flatsAuthorityGujRERA
Open the read
400 m awayMixed Development

9TH AVENUE

WOODSPACE INFRASTRUCTURES PRIVATE LIMITED · Rajkot

Jul 2023registered
Mar 2026target completion
Declared cost₹94.11 CrScale564 flatsAuthorityGujRERA
Open the read
690 m awayMixed Development

SAVAN SENTOSA

KEDARNATH DEVELOPERS · Rajkot

Oct 2023registered
Mar 2027target completion
Declared cost₹67.48 CrScale314 flatsAuthorityGujRERA
Open the read
710 m awayMixed Development

RK PRESTIGE

VIVAN SKYBUILD LLP · Rajkot

Oct 2025registered
Dec 2029target completion
Price band₹20.02 Lakh–₹1.19 CrScale152 flatsAuthorityGujRERA
Open the read
770 m awayMixed Development

SAPPHIRE SQUARE

JMJ BROOKLAND INFRACON · Rajkot

Feb 2023registered
Dec 2027target completion
Declared cost₹16.57 CrScale74 flatsAuthorityGujRERA
Open the read
940 m awayMixed Development

ROYAL LOTUS

SHIVAM BUILDERS · Rajkot

Apr 2024registered
Dec 2026target completion
Price band₹10.70 Lakh–₹31.00 LakhScale36 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
    • Complaints on GujRERA's register.
  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/madhav-iii-rajkot-vx11zpti.

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.