HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
190 units
Mix
160 × Office · 30 × Shop
Carpet area
50–383 sq mper-unit range, as filed
Parking
404 spaces
Land area
5,025 sq m

Timeline

Project startedApr 2019
RERA registeredJul 2019
Proposed completionMar 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.

Find your unit

Filed by type and size, in the batches the promoter registered — not a per-unit listing. Look yours up.

190 units across 2 batches
TypeArea sq mCount
Shop19830
Office82160

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

PALAK SHREE REALTY LLP

LIMITED LIABILITY PARTNERSHIP FIRMPromoter type
Ahmedabad, GujaratBased in
2Projects
1City
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
526 homeson the public record across 2 projects
32,216 sq mbuilt-up filed
5,025 sq mland declared
₹160.99 Crdeclared build cost

Build cost is what the promoter 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 promoter, 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.

03

Location & price analysis

GujRERA · Registration filing
Taluka
Ahmedabad City
District
Ahmedabad
Pincode
380058
Address
PALAK PRIME, Opp. Antrix Colony,Ambli Iscon Road,
What’s nearby
SchoolsNearest school 1.5km away · College or university 1.5km away
HealthcareHospital 1.4km away · Clinic within 2km
LifestylePark 603m away · Gym or sports centre 942m away · 6 restaurants and cafes within 1km
ShoppingSupermarket 615m away · Convenience store within 500m
Getting around
Expressway 677 m · ISKCON FlyoverPrimary road 667 mRailway line 2.6 kmMetro station 2.6km away (Thaltej Gam)2 bus stops within 500m
Water & environment
Water body 798 m
distances only — not a flood assessment
Land, title & encumbrance
Mortgage190 unit(s) mortgaged to STATE BANK OF INDIA · ₹11.14 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

₹160.99 Cr declared to build 190 flats. What that works out to:

₹37.00 Lakh – ₹3.41 Crdeclared unit pricerange on the filing — not a live asking price
₹84.73 Lakhdeclared cost per flatall-in — land + construction
38%of the cost is land₹11,359/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 Municipal Corporation

Municipal / Corporation
Building Permitapproved 4 Jul 2019 · 7 yrs ago

The promised possession date (30 Mar 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 10 May 2022)— 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 Municipal Corporation

Municipal Corporation

Has approved 3,250 RERA projectsabout 1 in 5 in Gujarat, more than any other body in the state.

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

Builders
2,712
On record
4,25,177 flats · 633 plots
Reach
6 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.