HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
282 units
Carpet area
22–115 sq mper-unit range, as filed
Blocks
4
Parking
629 spaces
Land area
6,633 sq m

Timeline

Project startedApr 2019
RERA registeredNov 2019
Proposed completionJun 2024
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

SATVA CONSTRUCTION

PARTNERSHIP FIRMPromoter type
Gandhinagar, GujaratBased in
1Projects
1City
2019–2024Active
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
Gandhinagar
District
Gandhinagar
Address
Nirman Satva, F.P. No. 18, Survey No. 835,T.P. Scheme No. 10 (Adalaj-Por), Village Adalaj,
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 52m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.5 km · Sarkhej-Gandhinagar HighwayPrimary road 45 mRailway line 3.3 kmRailway station 4.1km away (Khodiyar Junction)Limited bus connectivity nearby
Water & environment
Water body 216 mCanal 1.6 km · Narmada Canal
distances only — not a flood assessment
Land, title & encumbrance
Mortgage282 unit(s) mortgaged to The Navnirman Co Op Bank Ltd · ₹7.06 Cr 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

₹66.02 Cr declared to build 282 flats. What that works out to:

₹4.48 Lakh – ₹70.80 Lakhdeclared unit pricerange on the filing — not a live asking price
₹23.41 Lakhdeclared cost per flatall-in — land + construction
₹3,204/sq ftof carpet area₹34,483/sq m
16%of the cost is land₹1,480/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

Gandhinagar Urban Development Authority

Urban Development Authority
Building Permitapproved 21 Nov 2019 · 6 yrs ago

The promised possession date (30 Jun 2024) 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 4 blocks carry a Building-Use (BU) permission (latest 28 Jun 2024)— 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

Gandhinagar Urban Development Authority

Urban Development Authority

Has approved 414 RERA projects2.4% of Gujarat.

an apartments market95% apartments · 5% plotted layouts. Apartments like yours are this body's core business.

Builders
355
On record
47,140 flats · 710 plots
Reach
5 talukas
Since
2010

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.