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Padmawati Apartments

RAJ/P/2017/363 · RAJ-RERA · https://gethorizon.in/projects/padmawati-apartments-ajmer-oruk9u6w

01

Complete project overview

RAJ-RERA · Registration filing
Project name
Padmawati Apartments
Land area
748 sq m

Timeline

Construction startSep 2015
RERA registeredOct 2017
Proposed completionSep 2020
TodaySep 2026
02

Builder’s track record

RAJ-RERA · Builder registration

Shri Panchsheel Buildhome Private Limited

OrganisationPromoter type
Ajmer, RajasthanBased in
1Projects
1City
2017–2020Active
Timelineevery project, start → promised completion

The only project Horizon has read from this builder 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

RAJ-RERA · Registration filing
Address
949,961, Near Global College, Lohagal, Ajmer, Ajmer, 305001
Village
Lohagal
Taluka
Ajmer
District
Ajmer
Pincode
305001
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.0km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.6 kmPrimary road 39 mRailway line 1.3 kmRailway station 2.1km away (Makarwadi)Limited bus connectivity nearby
Water & environment
Water body 3.0 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹5.50 Cr declared. What that works out to:

36%of the cost is 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

Government Guidance Rate

Rajasthan IGRS — DLC rates (rural branch)

In Rajasthan it’s called the DLC rate.

₹11,873per sq yd
₹14,200per sq m
Which rate
residential land
Matched to
The rate published for the village of “Lohagal”.
Spread
₹4,181₹11,873 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Rajasthan’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.
05

Planning authority

RAJ-RERA · Approved building plan
Building Permitapproved 17 Oct 2017 · 8 yrs ago

The promised possession date (30 Sep 2020) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

07

Other projects nearby

The register · within 25 km

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

2 projects within 3 km — showing the nearest 2.

AjmerGroup Housing

MEADOWS VILLAS

DEFINED BUILDERS AND COLONIZERS LLP

Jan 2023registered
Dec 2028target completion
Declared cost₹16.00 CrScale72 flatsAuthorityRAJ-RERA
AjmerMixed (Residential And Commercial)

Atlantis

CASTLE REALTORS

Aug 2023registered
Jul 2027target completion
Declared cost₹34.57 CrScale102 flatsAuthorityRAJ-RERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.
  • Construction progress — RAJ-RERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RAJ-RERA does not publish a complaints register. This read cannot speak to them either way.