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Detailed Report

PALM GLORY -2

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA01276/100118 · GujRERA · https://gethorizon.in/projects/palm-glory-2-ahmedabad-city-ptaox2qc

01

Complete project overview

GujRERA · Registration filing
Project name
PALM GLORY -2
Units
39 units
Mix
39 × Shops, 2 BHK,3bhk
Carpet area
21–171 sq mper-unit range, as filed
Parking
21 spaces
Land area
1,502 sq m

Timeline

Project startedFeb 2017
RERA registeredJan 2018
Proposed completionNov 2018
TodaySep 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 builder registered — not a per-flat listing. Look yours up.

39 units across 1 batch
TypeArea sq mCount
Shops, 2 BHK,3bhk6839

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

VIRASAT BUILDCON

PARTNERSHIP FIRMPromoter type
Ahmedabad, GujaratBased in
1Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
PALM GLORY -2

PALM GLORY -2

this project
Mixed Development
Feb 2017started
Nov 2018target completion
39 flats₹9.10 Cr

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

GujRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 119 new projects last year
  • 1,325 nearby projects
1 km radius · coordinates as filed · 23.0752, 72.5210 · © OpenStreetMap contributors
Taluka
Ahmedabad City
District
Ahmedabad
Address
PALM GLORY-2, NR. TAKSHASHILA GREENS,B/H ARYA GRAND RESORT,MAHINDRA SHOWROOM LANE, S.G HIGHWAY,SOLA, AHMEDABAD
What’s nearby
SchoolsNearest school 1.9km away · College or university 1.3km away
HealthcareHospital 550m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Mall 1.9km away
Getting around
Expressway 460 m · Sola OverbridgePrimary road 1.5 kmRailway line 993 m · Western Railway LineRailway station 2.1km away (Chandlodiya 'B')Limited bus connectivity nearby
Water & environment
Water body 699 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹9.10 Cr declared to build 39 flats. What that works out to:

₹9.20 Lakh – ₹72.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹23.33 Lakhdeclared cost per flatall-in — land + construction
23%of the cost is land₹1,299/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

Open ground on the plot until 2016; a building is first visible in 2017 and is about 28 m tall by 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
Mar 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 2017.
  • Plot outline was drawn by the promoter on the RERA portal and can be misplaced - check it against the image.
  • Coordinate checked only against its district, not its pincode.

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.

₹8,570per sq yd
₹10,250per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for “SOLA”.
In force
2011 schedule
Spread
₹5,017 – ₹13,796 per sq yd across the places it was taken over

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 locality, and says so above. How Horizon decides what to show.
06

Planning authority

GujRERA · Approved building plan

Ahmedabad Municipal Corporation

Municipal / Corporation
Building Permitapproved 10 Jan 2018 · 8 yrs ago

The promised possession date (15 Nov 2018) 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.

The approving body, at scale

Ahmedabad Municipal Corporation

Municipal Corporation

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

an apartments market — 99% 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.

See every project approved by GujRERA→

08

Other projects nearby

The register · within 25 km

2,661 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,325 projects the radar draws within 6 km — every kind, every stage — 491 are residential projects still under way. This list keeps only those, and looks further out.

10 projects within 1 km — showing the nearest 6.

150 m awayResidential/Group Housing

Swam Symphony

SWAM CORPORATION · Ahmedabad City

Sep 2023registered
Dec 2026target completion
Declared cost₹70.08 CrScale52 flatsAuthorityGujRERA
Open the read
360 m awayMixed Development

LYCKA LIFE

LYCKA PROPERTIES PRIVATE LIMITED · Ahmedabad City

Mar 2022registered
Dec 2027target completion
Declared cost₹66.00 CrScale92 flatsAuthorityGujRERA
Open the read
670 m awayResidential/Group Housing

NITYAM GLORIA

NITYAM DEVELOPERS · Ahmedabad City

Feb 2026registered
Dec 2028target completion
Price band₹40.00 Lakh–₹45.00 LakhScale28 flatsAuthorityGujRERA
Open the read
680 m awayResidential/Group Housing

OXYPARK DP 8

DOCTORPARK 8 LLP · Ahmedabad City

Mar 2025registered
Dec 2026target completion
Price band₹65.00 Lakh–₹65.00 LakhScale14 flatsAuthorityGujRERA
Open the read
740 m awayMixed Development

Aatman Grandeur

Aatman Innovations Private Limited · Daskroi

Apr 2025registered
Feb 2030target completion
Price band₹25.80 Lakh–₹1.44 CrScale108 flatsAuthorityGujRERA
Open the read
750 m awayMixed Development

NITYAM LUXURIA

BALAJI ASSOCIATES · Ahmedabad City

May 2023registered
Mar 2028target completion
Declared cost₹93.23 CrScale113 flatsAuthorityGujRERA
Open the read

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/palm-glory-2-ahmedabad-city-ptaox2qc.

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.