HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
88 units
Mix
88 × 3bhk
Carpet area
72–73 sq mper-unit range, as filed
Blocks
2
Parking
70 spaces
Land area
2,853 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedMar 2016
RERA registeredOct 2017
Proposed completionDec 2019
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 flat

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

88 units across 1 batch
TypeArea sq mCount
3bhk7288

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

R SHELADIA DEVELOPERS

PARTNERSHIP FIRMPromoter type
Ahmedabad, GujaratBased in
2Projects
2Cities
2017–2019Active
Timelineevery project, start → promised completion
PANCHAMRUTPALASH RESIDENCES

PALASH RESIDENCES

this project
Residential/Group Housing
Mar 2016started
Dec 2019target completion
88 flats₹35.20 Cr
Builder DNAthe whole portfolio, summed
177 homeson the public record across 2 projects
5,141 sq mland declared
₹46.56 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
Daskroi
District
Ahmedabad
Pincode
380058
Address
PALASH RESIDENCES,B/H BAPS TEMPLE,NR.RADHE FARMSTERLING CITY ROAD,S.P.RING ROAD,BOPAL
What’s nearby
Schools1 school within 1km
HealthcareHospital 303m away · 3 clinics within 1km
LifestyleNo parks within 2km · 6 restaurants and cafes within 1km
ShoppingSupermarket 382m away · Mall 1.9km away
Getting around
Expressway 537 mPrimary road 3.6 kmRailway line 1.2 kmRailway station 2.2km away (Gora Ghuma)Bus stop within 500m
Water & environment
Water body 503 m
distances only — not a flood assessment
Land, title & encumbrance
Mortgage88 unit(s) mortgaged to STATE BANK OF INDIA · ₹1.94 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

₹35.20 Cr declared to build 88 flats. What that works out to:

₹29.50 Lakh – ₹61.25 Lakhdeclared unit pricerange on the filing — not a live asking price
₹40.00 Lakhdeclared cost per flatall-in — land + construction
12%of the cost is land₹1,384/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 26 Oct 2017 · 8 yrs ago

The promised possession date (31 Dec 2019) 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 2 blocks carry a Building-Use (BU) permission (latest 30 Oct 2018)— 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 projects — about 1 in 7 in Gujarat.

an apartments market — 99% 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.