HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
45 units
Mix
45 × 1 & 2 BHK Flates
Carpet area
26–51 sq mper-unit range, as filed
Blocks
2
Parking
2 spaces
Land area
598 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedJan 2021
RERA registeredJul 2021
Proposed completionDec 2023
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.

45 units across 1 batch
TypeArea sq mCount
1 & 2 BHK Flates2945

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

PANCHVATI DEVELOPERS

PARTNERSHIP FIRMPromoter type
Rajkot, GujaratBased in
1Projects
1City
2021–2023Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter 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
Taluka
Rajkot
District
Rajkot
Address
MAVDI GAM ,STREET NO.6, OPP. HARIDARSHAN SCHOOL80 FOOT MAVDI BYPASS ROAD, RAJKOT
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 468m away · 2 clinics within 1km
LifestylePark 538m away
ShoppingNo supermarket within 2km · Mall 685m away
Getting around
Expressway 702 mPrimary road 3.1 km · Rajkot RoadRailway line 2.2 km · Rajkot–SomnathRailway station 3.0km away (Bhaktinagar)3 bus stops within 500m
Water & environment
Water body 3.1 km · Water TankRiver 3.6 km
distances only — not a flood assessment
Land, title & encumbrance
Mortgage25 unit(s) mortgaged to VIJAY COMMERCIAL CO OP BANK LTD · ₹1.43 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

₹3.04 Cr declared to build 45 flats. What that works out to:

₹7.00 Lakh – ₹13.50 Lakhdeclared unit pricerange on the filing — not a live asking price
₹6.77 Lakhdeclared cost per flatall-in — land + construction
₹2,149/sq ftof carpet area₹23,127/sq m
15%of the cost is land₹730/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

Others

Building Permitapproved 31 Jul 2021 · 5 yrs ago

The promised possession date (31 Dec 2023) 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 18 Oct 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

The approving authority

The body that sanctioned this project. It has approved 2,653 RERA projects across 26 talukas about 1 in 6 in Gujarat.

Volume is context, not a verdict — a busier authority is not 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.