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Detailed Report

Parshwanath Emerald

PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/RAA12551/011123 · GujRERA · https://gethorizon.in/projects/parshwanath-emerald-gandhinagar-cdxukw5e

01

Complete project overview

GujRERA · Registration filing
Project name
Parshwanath Emerald
Units
160 units
Mix
80 × 2BHK Type-1 · 80 × 2BHK Type-2
Carpet area
64–65 sq mper-unit range, as filed
Blocks
2
Parking
344 spaces
Land area
4,340 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedMar 2022
RERA registeredNov 2023
Proposed completionDec 2026
TodaySep 2026
Construction progress

51% 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.

160 units across 2 batches
TypeArea sq mCount
2BHK Type-16480
2BHK Type-26580

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

PARSHWANATH CORPORATION

PARTNERSHIP FIRMPromoter type
Gandhinagar, GujaratBased in
2Projects
2Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
196 homeson the public record across 2 projects
10,336 sq mbuilt-up filed
32,516 sq mland declared
₹65.67 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
Ahmedabad Urban Development AuthorityUrban Development Authority1 of 2 projects
Othersthis project1 of 2 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.

More from PARSHWANATH CORPORATION— the full portfolio →

03

Location & price analysis

GujRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 80 new projects last year
  • 1,022 nearby projects
1 km radius · coordinates as filed · 23.1616, 72.5798 · © OpenStreetMap contributors
Taluka
Gandhinagar
District
Gandhinagar
Address
Parshwanath Emerald, F.P. No. 33, Block No. 1365, T.P.S. 10 (Adalaj)
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 752m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.2 km · Sarkhej-Gandhinagar HighwayPrimary road 813 mRailway line 2.7 kmRailway station 3.3km away (Khodiyar Junction)Limited bus connectivity nearby
Water & environment
Water body 666 mCanal 1.2 km · Narmada Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹55.81 Cr declared to build 160 flats. What that works out to:

₹39.30 Lakh – ₹45.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹34.88 Lakhdeclared cost per flatall-in — land + construction
₹5,016/sq ftof carpet area₹53,996/sq m
6%of the cost is land₹737/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

A building already stood within ~37 m of the recorded location in 2016 (about 12 m), 9 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 within ~37 m of the filed location.

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 2016.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
  • Site is a ~37 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • 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.

₹9,197per sq yd
₹11,000per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “ADALAJ”.
In force
2011 schedule

This filing declares ₹53,996 per sq m of carpet area — 4.91× 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 plan

Others

Building Permitapproved 1 Nov 2023 · 2 yrs ago
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

The approving authority

The body that approved 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.

08

Other projects nearby

The register · within 25 km

2,630 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,022 projects the radar draws within 6 km — every kind, every stage — 477 are residential projects still under way. This list keeps only those, and looks further out.

11 projects within 1 km — showing the nearest 6.

340 m awayResidential/Group Housing

Shri Sai Hari

KASTBHANJAN DEV DEVELOPERS · Gandhinagar

Apr 2024registered
Mar 2026target completion
Price band₹17.00 Lakh–₹22.00 LakhScale23 flatsAuthorityGujRERA
350 m awayMixed Development

SHARADAM ESTELLA

SHARDA INFRASTRUCTURE · Gandhinagar

Jun 2021registered
May 2026target completion
Declared cost₹14.47 CrScale67 flatsAuthorityGujRERA
570 m awayResidential/Group Housing

VEDANT AALAYAM

ADITRI INFRA · Gandhinagar

Apr 2026registered
Dec 2028target completion
Price band₹1.65 Cr–₹2.65 CrScale35 flatsAuthorityGujRERA
570 m awayMixed Development

PRAMUKH 52

EKTA INFRA · Gandhinagar

Nov 2023registered
Mar 2026target completion
Declared cost₹17.16 CrScale69 flatsAuthorityGujRERA
660 m awayResidential/Group Housing

SANIDHYA VILLAS

SHIV TEJENDRA INFRA · Gandhinagar

Feb 2025registered
Dec 2027target completion
Price band₹1.00 Cr–₹1.50 CrScale38 flatsAuthorityGujRERA
670 m awayMixed Development

KALASH ORLENA

DHIVA BUILDCON · Gandhinagar

Oct 2024registered
Dec 2027target completion
Price band₹11.38 Lakh–₹44.95 LakhScale132 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.

  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/parshwanath-emerald-gandhinagar-cdxukw5e.

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.