260 m awayResidential/Group Housing
THE RISE
MADHUVAN RISE · Vadodara
Feb 2024registered
Dec 2028target completion
Price band₹51.00 Lakh–₹85.00 LakhScale130 flatsAuthorityGujRERA
HORIZONSearch & explore India’s real estate — the whole picture. gethorizon.in1.2 lakh+ projects · 78k+ builders · 600+ micro-markets · across 22 states
Detailed ReportPANCHAMRUT RESIDENCY
01
Complete project overview
GujRERA · Registration filing- Project name
- PANCHAMRUT RESIDENCY
- Units
- 122 units
- Mix
- 46 × Commercial & Residential
- Carpet area
- 17–61 sq mper-unit range, as filed
- Blocks
- 5
- Parking
- 7 spaces
- Land area
- 9,461 sq m
- Affordable housing
- Yes — registered under affordable housingprice caps & eligibility apply
Timeline
Project startedAug 2015
RERA registeredDec 2018
Proposed completionJan 2022
TodaySep 2026
Construction progress
24% 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.
TypeArea sq mCount
Commercial & Residential13546
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 registrationJAY AMBE DEVELOPERS
PARTNERSHIP FIRMPromoter type
Vadodara, GujaratBased in
9Projects
4Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
395 homeson the public record across 9 projects
23,034 sq mbuilt-up filed
26,725 sq mland declared
₹45.54 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.
Planning authoritiesthis builder's portfolio, by approving body
Vadodara Municipal CorporationMunicipal / Corporationthis project3 of 7 projects
Ahmedabad Urban Development AuthorityUrban Development Authority2 of 7 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 7 projects
Vadodara Urban Development AuthorityUrban Development Authority1 of 7 projects
Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.
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.
03
Location & price analysis
GujRERA · Registration filing- This project
- 40 new projects last year
- 851 nearby projects
- Taluka
- Vadodara
- District
- Vadodara
- Pincode
- 390022
- Address
- NEAR SIDDHARTH BUNGLOWS, B/H SHRAVAN GREEN AMIT NAGAR-SAMA ROAD
What’s nearby
SchoolsNearest school 1.7km away · College or university 1.6km away
HealthcareHospital 584m away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.6km away
ShoppingNo supermarket within 2km
Getting around
Expressway 1.9 km · Vadodara Bypass FlyoverPrimary road 727 mRailway line 4.0 kmRailway station 4.4km away (Vadodara Junction)Bus stop within 1km
Water & environment
River 228 m · VishwamitriWater body 932 m · Sama Talav
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹19.30 Cr declared to build 122 flats. What that works out to:
₹4.52 Lakh – ₹33.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹15.82 Lakhdeclared cost per flatall-in — land + construction
₹4,084/sq ftof carpet area₹43,964/sq m
20%of the cost is land₹371/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 imageryA building already stood on the plot in 2016 (about 21 m), 20 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
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), 2011In Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.
₹10,034per sq yd
₹12,000per sq m
- Which rate
- land + construction: residential flat
- Matched to
- The rate published for the village of “SAMA”.
- In force
- 2011 schedule
This filing declares ₹43,964 per sq m of carpet area — 3.66× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
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 planBuilding Permitapproved 12 Dec 2018 · 7 yrs ago
The promised possession date (31 Jan 2022) 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
Vadodara Municipal Corporation
Municipal CorporationHas approved 1,372 RERA projects — about 1 in 13 in Gujarat.
an apartments market — 99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 1,133
- On record
- 1,45,936 flats · 226 plots
- Reach
- 4 talukas
- Since
- 2006
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.
07
Complaints & litigation
GujRERA · public recordComplaints on GujRERA's register
6 complaints
- Non-compliance · quarterly report 3
- Non-compliance · annual report 2
- Complaint · Form A 1
GujRERA's list gives each complaint's number and date, not its status or outcome — and only disputes escalated to GujRERA appear here at all.
| Number | What | Date |
|---|---|---|
| CMP/A/OFFLINE/Vadodara/09072025/00255 | Complaint · Form A | 24 Jun 2025 |
| GJ/CMP/NCAR/Vadodara/210705/0077 | Non-compliance · annual report | 5 Jul 2021 |
| GJ/CMP/NCQR/Vadodara/210703/0022 | Non-compliance · quarterly report | 3 Jul 2021 |
| GJ/CMP/NCQR/Vadodara/201123/0099 | Non-compliance · quarterly report | 23 Nov 2020 |
| GJ/CMP/NCAR/Vadodara/200218/0086 | Non-compliance · annual report | 18 Feb 2020 |
Show 1 more
| Number | What | Date |
|---|---|---|
| GJ/CMP/NCQR/Vadodara/191015/0548 | Non-compliance · quarterly report | 15 Oct 2019 |
What the builder declared
Declared to GujRERA- Litigation
- None declared in this filing
Only what the builder declared, or what GujRERA records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with GujRERA, or that this register doesn’t publish it — never that nothing happened.
08
Other projects nearby
The register · within 25 km1,139 residential projects still under way within 25 km. Step out ring by ring:
Of the 851 projects the radar draws within 6 km — every kind, every stage — 288 are residential projects still under way. This list keeps only those, and looks further out.
15 projects within 1 km — showing the nearest 6.
340 m awayResidential/Group Housing
SILVER SKY
UMA REALITY · Vadodara
Apr 2019registered
Jun 2026target completion
Declared cost₹60.93 CrScale224 flatsAuthorityGujRERA
380 m awayResidential/Group Housing
PLATINUM HEIGHTS
GOPINATH DEVELOPERS · Vadodara
Jun 2022registered
Oct 2027target completion
Declared cost₹22.68 CrScale56 flatsAuthorityGujRERA
410 m awayMixed Development
RUDRAKSH NEX
OMKAR INFRA · Vadodara
Feb 2024registered
Mar 2030target completion
Price band₹24.00 Lakh–₹1.00 CrScale86 flatsAuthorityGujRERA
490 m awayMixed Development
SHREE SIDDHESHWAR PRIME PLUS
S P INFRA · Vadodara
Jun 2022registered
Dec 2026target completion
Declared cost₹64.08 CrScale173 flatsAuthorityGujRERA
500 m awayResidential/Group Housing
AKSHAR HERITAGE
AKSHAR DEVELOPERS · Vadodara
Dec 2019registered
Jun 2026target completion
Declared cost₹14.50 CrScale70 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.
- 01Complete project overview
- The project's registration filing with GujRERA, as the builder submitted it.
- 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.
- 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).
- 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).
- 05Government Guidance Rate
- Gujarat Revenue Department — Annual Statement of Rates (jantri), 2011.
- 06Planning authority
- GujRERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- Complaints on GujRERA's register.
- 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/panchamrut-residency-vadodara-kbmth3dq.
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.