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PARAMOUNT ARCADE 2

PR/GJ/RAJKOT/RAJKOT/Others/MAA01903/070318 · GujRERA · https://gethorizon.in/projects/paramount-arcade-2-rajkot-enn8vwj2

01

Complete project overview

GujRERA · Registration filing
Project name
PARAMOUNT ARCADE 2
Units
23 units
Mix
18 × Residential · 5 × Shop
Carpet area
6–50 sq mper-unit range, as filed
Blocks
4
Parking
2 spaces
Land area
364 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedOct 2017
RERA registeredMar 2018
Proposed completionDec 2019
TodaySep 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 builder registered — not a per-flat listing. Look yours up.

23 units across 2 batches
TypeArea sq mCount
Shop75
Residential4318

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

PARAMOUNT ENTERPRISE

PARTNERSHIP FIRMPromoter type
Rajkot, GujaratBased in
1Projects
1City
2018–2019Active
Timelineevery project, start → promised completion

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
Taluka
Rajkot
District
Rajkot
Pincode
360006
Address
PARASHAR PARK,JAMNAGAR ROADMADHAPAR
What’s nearby
SchoolsNo schools within 2km · College or university 1.5km away
HealthcareHospital 474m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 292 m · 150 feet ring roadPrimary road 211 m · Jamnagar -Rajkot highway FlyoverRailway line 1.0 kmRailway station 3.5km away (Rajkot Junction)Limited bus connectivity nearby
Water & environment
River 3.3 km · Aji River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.74 Cr declared to build 23 flats. What that works out to:

₹6.00 Lakh – ₹12.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹7.55 Lakhdeclared cost per flatall-in — land + construction
16%of the cost is land₹731/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

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.

₹5,393per sq yd
₹6,450per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “MADHAPAR”.
In force
2011 schedule

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.
05

Planning authority

GujRERA · Approved building plan

Rajkot Urban Development Authority

Urban Development Authority
Building Permitapproved 7 Mar 2018 · 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.

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

Rajkot Urban Development Authority

Urban Development Authority

Has approved 295 RERA projects1.7% of Gujarat.

an apartments market96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
262
On record
20,916 flats · 369 plots
Reach
6 talukas
Since
2012

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

07

Other projects nearby

The register · within 25 km

411 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,031 projects the radar draws within 6 km — every kind, every stage — 202 are residential projects still under way. This list keeps only those, and looks further out.

21 projects within 1 km — showing the nearest 6.

380 m awayMixed Development

RAVI KRUSHNA HEIGHTS

RAVI KRUSHNA CONSTRUCTION LLP · Rajkot

Jul 2024registered
Dec 2029target completion
Price band₹7.50 Lakh–₹27.00 LakhScale271 flatsAuthorityGujRERA
470 m awayResidential/Group Housing

SUNDARAM SHILP

Aastha Developers · Rajkot

Apr 2022registered
Mar 2027target completion
Price band₹25.00 Lakh–₹35.00 LakhScale224 flatsAuthorityGujRERA
500 m awayMixed Development

VIRAL ELEGANCE

SHRI SIDDHI VINAYAK CONSTRUCTION · Rajkot

Dec 2024registered
Apr 2027target completion
Price band₹6.75 Lakh–₹18.50 LakhScale51 flatsAuthorityGujRERA
520 m awayMixed Development

SILVER NEST 2

SHRIJI DEVELOPERS · Rajkot

Sep 2024registered
Mar 2028target completion
Price band₹9.00 Lakh–₹45.00 LakhScale90 flatsAuthorityGujRERA
620 m awayMixed Development

SHREENATHJI HEIGHTS

SHREENATH DEVELOPERS · Rajkot

Apr 2025registered
Mar 2029target completion
Price band₹9.20 Lakh–₹21.00 LakhScale70 flatsAuthorityGujRERA
630 m awayMixed Development

SILVER NEST 3

KRISHNA CORPORATION · Rajkot

Jul 2025registered
Mar 2029target completion
Price band₹6.72 Lakh–₹2.01 CrScale72 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.