HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
160 units
Mix
160 × Flats
Carpet area
54–54 sq mper unit, as filed
Blocks
5
Land area
3,567 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedFeb 2021
RERA registeredJul 2021
Proposed completionMar 2027
TodayJul 2026
Construction progress

97% 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.

160 units across 1 batch
TypeArea sq mCount
Flats54160

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

NAKSHATRA PALACE

PARTNERSHIP FIRMPromoter type
Surat, GujaratBased in
1Projects
1City
2021–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
Kamrej
District
Surat
Address
Block No. :2859, 2901, From Shamlabapa Ashram to kholvad Village,
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.4km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.2 kmPrimary road 1.4 kmRailway line 2.7 km · Western Dedicated Freight CorridorNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 1.6 km · TapiWater body 2.9 km
distances only — not a flood assessment
Land, title & encumbrance
Mortgage160 unit(s) mortgaged to DCB BANK
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

₹20.81 Cr declared to build 160 flats. What that works out to:

₹12.51 Lakh – ₹15.51 Lakhdeclared unit pricerange on the filing — not a live asking price
₹13.01 Lakhdeclared cost per flatall-in — land + construction
₹2,241/sq ftof carpet area₹24,127/sq m
18%of the cost is land₹994/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

Surat Urban Development Authority

Urban Development Authority
Building Permitapproved 19 Jul 2021 · 5 yrs ago
Building-Use (BU) permission — the occupancy sign-off, on record

All 5 blocks carry a Building-Use (BU) permission (latest 24 Apr 2025)— 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

Surat Urban Development Authority

Urban Development Authority

Has approved 895 RERA projectsabout 1 in 19 in Gujarat.

a mixed market65% apartments · 35% plotted layouts.

Builders
734
On record
1,12,087 flats · 25,390 plots
Reach
14 talukas
Since
2008

More layout-heavy than Gujarat overall — 35% 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.