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Rikti Complex

PR/GJ/VALSAD/PARDI/Others/RAA06462/EX1/270923 · GujRERA · https://gethorizon.in/projects/rikti-complex-pardi-c3hfmiht

01

Complete project overview

GujRERA · Registration filing
Units
20 units
Mix
20 × Flats
Carpet area
62–73 sq mper-unit range, as filed
Parking
22 spaces
Land area
713 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedJun 2019
RERA registeredDec 2019
Proposed completionFeb 2024
TodaySep 2026
Construction progress

90% 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.

20 units across 1 batch
TypeArea sq mCount
Flats6720

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

Rikti Corporation

PARTNERSHIP FIRMPromoter type
Valsad, GujaratBased in
1Projects
1City
2019–2024Active
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
Pardi
District
Valsad
Address
City Survey No. 1479/B, Gayatri Society, Near Phynayle FactoryNear N.H. No. 8, Killa Pardi
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 438m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 395 mPrimary road 1.0 kmRailway line 1.8 km · Western Dedicated Freight CorridorRailway station 2.0km away (Pardi)Limited bus connectivity nearby
Water & environment
Water body 722 mRiver 2.0 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.52 Cr declared to build 20 flats. What that works out to:

₹18.00 Lakh – ₹21.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹17.59 Lakhdeclared cost per flatall-in — land + construction
₹2,593/sq ftof carpet area₹27,914/sq m
7%of the cost is land₹302/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.

₹5,226per sq yd
₹6,250per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “PARDI”.
In force
2011 schedule

This filing declares ₹27,914 per sq m of carpet area — 4.47× 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.
05

Planning authority

GujRERA · Approved building plan

Pardi Municipality

Municipal / Corporation
Building Permitapproved 12 Dec 2019 · 6 yrs ago

The promised possession date (28 Feb 2024) 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

Pardi Municipality

Municipal Corporation

Has approved 19 RERA projects0.1% of Gujarat.

an apartments market95% apartments · 5% plotted layouts. Apartments like yours are this body's core business.

Builders
19
On record
1,758 flats · 214 plots
Since
2014

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

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

Of the 26 projects the radar draws within 6 km — every kind, every stage — 5 are residential projects still under way. This list keeps only those, and looks further out.

5 projects within 3 km — showing the nearest 5.

180 m awayMixed Development

Shyam Residency

Savajibhai Balubhai Ladumor (Prop. of Bhavya Enterprise) · Pardi

Apr 2023registered
Dec 2027target completion
Declared cost₹3.92 CrScale40 flatsAuthorityGujRERA
280 m awayResidential/Group Housing

SHIVAM RESIDENCY

SAI DEVELOPERS · Pardi

Oct 2018registered
Jun 2026target completion
Declared cost₹2.52 CrScale34 flatsAuthorityGujRERA
470 m awayResidential/Group Housing

Adhya Residency

Themton Minoo Pardiwala (Prop. of Navroz Enterprise) · Pardi

May 2026registered
Dec 2027target completion
Price band₹22.00 Lakh–₹22.00 LakhScale20 flatsAuthorityGujRERA
660 m awayResidential/Group Housing

Vrundavan Garden

SHREE NITAI REALITY · Pardi

Jul 2020registered
Dec 2026target completion
Declared cost₹18.18 CrScale242 flatsAuthorityGujRERA
920 m awayMixed Development

Ellora Park

VRAJ ENTERPRISE · Pardi

Feb 2024registered
Dec 2029target completion
Price band₹4.66 Lakh–₹17.99 LakhScale242 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.