HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
120 units
Mix
31 × Residential Flats A · 31 × Residential Flats D · 29 × Residential Flats B · 29 × Residential Flats C
Carpet area
52 sq mper unit, as filed
Blocks
4
Parking
194 spaces
Land area
4,189 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedFeb 2017
RERA registeredNov 2017
Proposed completionJul 2021
TodayJul 2026
Construction progress

85% 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.

120 units across 4 batches
TypeArea sq mCount
Residential Flats A5231
Residential Flats B5229
Residential Flats C5229
Residential Flats D5231

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

KETAN OLIVARBHAI KHAMBATA(PROPRIETOR OF THE LOYAL INFRASTRUCTURE)

Individual/PropritorshipPromoter type
Gandhinagar, GujaratBased in
1Projects
1City
2017–2021Active
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
Pincode
382424
Address
OLIVE RESIDENCYNR.PARMESHWAR-3, OPP.CHANDKHEDA BUS STAND, ZUNDAL
What’s nearby
SchoolsNearest school 1.3km away
HealthcareHospital 786m away · Clinic within 2km
LifestylePark 1.9km away
ShoppingNo supermarket within 2km
Getting around
Expressway 1.1 km · Sardar Patel Ring RoadPrimary road 837 mRailway line 1.5 kmRailway station 1.7km away (Chandkheda Road)Limited bus connectivity nearby
Water & environment
Water body 1.8 km · Zundal Lake
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding to AS PER LIST · ₹7.20 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

₹13.79 Cr declared to build 120 flats. What that works out to:

₹25.63 Lakh – ₹33.05 Lakhdeclared unit pricerange on the filing — not a live asking price
₹11.50 Lakhdeclared cost per flatall-in — land + construction
₹2,144/sq ftof carpet area₹23,075/sq m
12%of the cost is land₹376/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

Ahmedabad Urban Development Authority

Urban Development Authority
Building Permitapproved 28 Nov 2017 · 8 yrs ago

The promised possession date (31 Jul 2021) 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 30 Jul 2021)— 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

Ahmedabad Urban Development Authority

Urban Development Authority

Has approved 2,400 RERA projectsabout 1 in 7 in Gujarat.

an apartments market99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders
1,936
On record
3,12,468 flats · 1,153 plots
Reach
22 talukas
Since
2007

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.