HORIZON
Share

Ratnaakar Verte

PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/MAA05316/250419 · GujRERA · https://gethorizon.in/projects/ratnaakar-verte-ahmedabad-city-sq5fssp5

01

Complete project overview

GujRERA · Registration filing
Project name
Ratnaakar Verte
Units
298 units
Mix
260 × Residential · 38 × Shops
Carpet area
29–71 sq mper-unit range, as filed
Blocks
2
Parking
74 spaces
Land area
7,952 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedFeb 2019
RERA registeredApr 2019
Proposed completionJun 2024
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.

298 units across 2 batches
TypeArea sq mCount
Residential66260
Shops4738

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

Nishant Construction Private Limited

COMPANYPromoter type
Ahmedabad, GujaratBased in
3Projects
1City
2017–2024Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
440 homeson the public record across 3 projects
27,791 sq mland declared
₹247.14 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 Municipal CorporationMunicipal / Corporationthis project2 of 3 projects
Ahmedabad Urban Development AuthorityUrban Development Authority1 of 3 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 Nishant Construction Private Limited— the full portfolio →

03

Location & price analysis

GujRERA · Registration filing
Taluka
Ahmedabad City
District
Ahmedabad
Pincode
380058
Address
Opp. SOBO center, South BopalAhmedabad-380058
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 897m away · 1 clinic within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · 4 restaurants and cafes within 1km
ShoppingSupermarket 863m away · Mall 376m away · Bank 570m away
Getting around
Expressway 198 m · Sardar Patel Ring RoadPrimary road 2.5 kmRailway line 3.1 kmRailway station 3.7km away (Gora Ghuma)Limited bus connectivity nearby
Water & environment
Water body 1.1 km · Mumatpura Lake
distances only — not a flood assessment
Land, title & encumbrance
Mortgage39 unit(s) mortgaged to MOTILAL OSWAL HOME FINANCE LTD · ₹27.77 Cr outstanding
As declared by the builder 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

₹95.03 Cr declared to build 298 flats. What that works out to:

₹34.37 Lakh – ₹85.84 Lakhdeclared unit pricerange on the filing — not a live asking price
₹31.89 Lakhdeclared cost per flatall-in — land + construction
16%of the cost is land₹1,809/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 registration department

In Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.

No government guidance rate is shown for this project.

Gujarat's jantri is in Horizon's record, but this filing names no place the book prints — or names two — and a survey number repeats in every village of a district, so nothing can be tied to this project without guessing.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

GujRERA · Approved building plan

Ahmedabad Municipal Corporation

Municipal / Corporation
Building Permitapproved 25 Apr 2019 · 7 yrs ago

The promised possession date (30 Jun 2024) 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 7 Apr 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

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.

See every project approved by GujRERA

07

Other projects nearby

The register · within 25 km

2,499 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,056 projects the radar draws within 6 km — every kind, every stage — 423 are residential projects still under way. This list keeps only those, and looks further out.

8 projects within 1 km — showing the nearest 6.

110 m awayMixed Development

SHRISTII

SAVERA SHRISTI LLP · Daskroi

May 2025registered
Dec 2030target completion
Price band₹18.00 Lakh–₹5.44 CrScale601 flatsAuthorityGujRERA
530 m awayResidential/Group Housing

RIVIERA BLISS

HN SAFAL GOYAL REALTY LLP · Daskroi

Oct 2024registered
Dec 2029target completion
Price band₹1.24 Cr–₹4.54 CrScale236 flatsAuthorityGujRERA
680 m awayMixed Development

Sun Urban Park

Sun PT Realty LLP · Daskroi

Sep 2024registered
Jun 2028target completion
Price band₹14.92 Lakh–₹1.38 CrScale265 flatsAuthorityGujRERA
770 m awayMixed Development

EVARA

SOBO 70 PROJECTS LLP · Ahmedabad City

Jun 2025registered
Dec 2028target completion
Price band₹88.22 Lakh–₹2.20 CrScale21 flatsAuthorityGujRERA
780 m awayMixed Development

THE EMPRESS

RESO LIVA BUILDCON LLP · Ahmedabad City

Aug 2025registered
Mar 2032target completion
Price band₹21.00 Lakh–₹3.30 CrScale495 flatsAuthorityGujRERA
880 m awayMixed Development

AARAV ELENZA INFINIUM

SIDDHI CORPORATION · Daskroi

Jul 2025registered
Dec 2029target completion
Price band₹30.00 Lakh–₹1.25 CrScale162 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.