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Detailed Report

OLYMPIA

PR/GJ/SURAT/SURAT CITY/SUDA/MAA01069/201217 · GujRERA · https://gethorizon.in/projects/olympia-surat-city-d5f7gf4v

01

Complete project overview

GujRERA · Registration filing
Project name
OLYMPIA
Units
104 units
Mix
80 × Residential · 24 × Shop
Carpet area
25–61 sq mper-unit range, as filed
Land area
2,775 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedSep 2013
RERA registeredDec 2017
Proposed completionDec 2024
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.

104 units across 2 batches
TypeArea sq mCount
Residential6180
Shop2924

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

PIRAMYD ASSOCIATES

PARTNERSHIP FIRMPromoter type
Surat, GujaratBased in
2Projects
1City
2017–2024Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
151 homeson the public record across 2 projects
4,680 sq mland declared
₹25.71 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.

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 PIRAMYD ASSOCIATES— the full portfolio →

03

Location & price analysis

GujRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 65 new projects last year
  • 654 nearby projects
1 km radius · coordinates as filed · 21.2149, 72.7821 · © OpenStreetMap contributors
Taluka
Surat City
District
Surat
Pincode
395005
Address
OLYMPIA, NEAR PALANPURA JAKATNAKA, ADAJAN, SURAT
What’s nearby
Schools1 school within 1km · Library 1.9km away
HealthcareHospital 66m away · 7 clinics within 1km
LifestylePark 1.7km away · Gym or sports centre 1.9km away · 4 restaurants and cafes within 1km
ShoppingSupermarket 1.1km away · Bank 938m away
Getting around
Expressway 2.9 km · Adjan-Surat FlyoverPrimary road 1.0 km · SH6Railway line 3.1 kmMetro station 418m away (Ugat Vaarigruh)Limited bus connectivity nearby
Water & environment
Canal 498 m · Palanpur Canal
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding to Tata Capital Housing Finance Ltd · ₹95.7 Lakh outstanding
As declared by the builder 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 104 flats. What that works out to:

₹7.03 Lakh – ₹19.38 Lakhdeclared unit pricerange on the filing — not a live asking price
₹13.26 Lakhdeclared cost per flatall-in — land + construction
21%of the cost is land₹962/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 on the plot in 2016 (about 42 m), 42 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 the plot the promoter drew.

Satellite photographs of the same ground

Mar 2017
Mar 2023
Jan 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 — and something already stood here in 2016, so this may be a redevelopment.
  • Plot outline was drawn by the promoter on the RERA portal and can be misplaced - check it against the image.

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.

₹16,723per sq yd
₹20,000per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “ADAJAN”.
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

Surat Municipal Corporation

Municipal / Corporation
Building Permitapproved 20 Dec 2017 · 8 yrs ago

The promised possession date (31 Dec 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 1 block carry a Building-Use (BU) permission (latest 26 Apr 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

Surat Municipal Corporation

Municipal Corporation

Has approved 1,566 RERA projectsabout 1 in 11 in Gujarat.

an apartments market85% apartments · 15% plotted layouts. Apartments like yours are this body's core business.

Builders
1,275
On record
2,64,009 flats · 16,727 plots
Reach
8 talukas
Since
2005

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

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

Of the 654 projects the radar draws within 6 km — every kind, every stage — 198 are residential projects still under way. This list keeps only those, and looks further out.

6 projects within 1 km — showing the nearest 6.

150 m awayMixed Development

PARAM SKY

PARAM ENTERPRIZE · Surat City

Jun 2024registered
Dec 2028target completion
Price band₹12.95 Lakh–₹17.34 LakhScale37 flatsAuthorityGujRERA
300 m awayResidential/Group Housing

VITORIA PRIME

VITORIA INFRA · Surat City

Jan 2024registered
Dec 2029target completion
Price band₹26.21 Lakh–₹31.75 LakhScale270 flatsAuthorityGujRERA
700 m awayMixed Development

Swarna Sopan

om infracon · Surat City

Sep 2024registered
Jul 2028target completion
Price band₹20.00 Lakh–₹48.50 LakhScale109 flatsAuthorityGujRERA
750 m awayMixed Development

AARAMBH

JANKI ENTERPRISE · Surat City

Jun 2025registered
Dec 2029target completion
Price band₹21.80 Lakh–₹75.00 LakhScale104 flatsAuthorityGujRERA
970 m awayResidential/Group Housing

SHIVANJANI RESIDENCY

ATMIYA CORPORATION · Surat City

Apr 2023registered
Mar 2026target completion
Declared cost₹5.80 CrScale28 flatsAuthorityGujRERA
980 m awayMixed Development

ANAND AVENUE

CREATIVE INFRA · Surat City

Sep 2019registered
Jun 2028target completion
Declared cost₹113.77 CrScale506 flatsAuthorityGujRERA

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
    • GujRERA's public record lists no complaints or litigation for this project.
  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/olympia-surat-city-d5f7gf4v.

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.