HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
178 units
Mix
178 × Recidentiyal & Commercial
Carpet area
19–59 sq mper-unit range, as filed
Blocks
3
Parking
4 spaces
Land area
3,370 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedJun 2017
RERA registeredMar 2018
Proposed completionSep 2021
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 unit

Filed by type and size, in the batches the promoter registered — not a per-unit listing. Look yours up.

178 units across 1 batch
TypeArea sq mCount
Recidentiyal & Commercial44178

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

RAGHURAJ DEVELOPERS

PARTNERSHIP FIRMPromoter type
Ahmedabad, GujaratBased in
1Projects
1City
2018–2021Active
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
Ahmedabad City
District
Ahmedabad
Pincode
382405
Address
Rainbow Exotica, Shreeram Recidency Road,Narol
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 315m away · 3 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.1 km · FlyoverPrimary road 938 mRailway line 3.1 kmRailway station 3.2km away (Vatva)Limited bus connectivity nearby
Water & environment
Canal 325 mWater body 1.5 km
distances only — not a flood assessment
Land, title & encumbrance
LoansProject loan(s) declared, no units under mortgage
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

₹19.18 Cr declared to build 178 flats. What that works out to:

₹1 – ₹20.75 Lakhdeclared unit pricerange on the filing — not a live asking price
₹10.77 Lakhdeclared cost per flatall-in — land + construction
17%of the cost is land₹876/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

Ahmedabad Municipal Corporation

Municipal / Corporation
Building Permitapproved 22 Mar 2018 · 8 yrs ago

The promised possession date (30 Sep 2021) 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 3 blocks carry a Building-Use (BU) permission (latest 30 Jun 2020)— 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

Ahmedabad Municipal Corporation

Municipal Corporation

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

an apartments market99% 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.

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.