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SAGAR PLAZA

PR/GJ/VADODARA/VADODARA/Others/RAA04997/EX1/011021 · GujRERA · https://gethorizon.in/projects/sagar-plaza-vadodara-1tx93s5e

01

Complete project overview

GujRERA · Registration filing
Project name
SAGAR PLAZA
Units
68 units
Mix
68 × Flats
Carpet area
118–691 sq mper-unit range, as filed
Blocks
2
Land area
2,529 sq m

Timeline

Project startedOct 2015
RERA registeredMar 2019
Proposed completionMar 2022
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.

68 units across 1 batch
TypeArea sq mCount
Flats4468

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

NIKITA ENTERPRISES

PARTNERSHIP FIRMPromoter type
Vadodara, GujaratBased in
1Projects
1City
2019–2022Active
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
Vadodara
District
Vadodara
Pincode
391310
Address
SAGAR PLAZA, KOYALI IPLCL ROADOPP RUKMANI DUPLEX, KOYALI
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.6km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingSupermarket 483m away
Getting around
Expressway 4.1 kmPrimary road 50 mRailway line 1.7 kmRailway station 2.8km away (Bajva)Limited bus connectivity nearby
Water & environment
Water body 589 mCanal 2.8 km · Vadodara Branch Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.76 Cr declared to build 68 flats. What that works out to:

₹3.00 Lakh – ₹12.45 Lakhdeclared unit pricerange on the filing — not a live asking price
₹5.53 Lakhdeclared cost per flatall-in — land + construction
₹1,166/sq ftof carpet area₹12,550/sq m
20%of the cost is land₹279/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.

₹7,107per sq yd
₹8,500per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “KOYLI”.
In force
2011 schedule

This filing declares ₹12,550 per sq m of carpet area — 1.48× 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

Vadodara Urban Development Authority

Urban Development Authority
Building Permitapproved 7 Mar 2019 · 7 yrs ago

The promised possession date (31 Mar 2022) 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 30 Mar 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

Vadodara Urban Development Authority

Urban Development Authority

Has approved 655 RERA projects3.8% of Gujarat.

an apartments market98% apartments · 2% plotted layouts. Apartments like yours are this body's core business.

Builders
563
On record
75,312 flats · 891 plots
Reach
6 talukas
Since
2009

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

1,140 residential projects still under way within 25 km. Step out ring by ring:

Of the 458 projects the radar draws within 6 km — every kind, every stage — 179 are residential projects still under way. This list keeps only those, and looks further out.

4 projects within 1 km — showing the nearest 4.

510 m awayResidential/Group Housing

VRAJBHUMI BUNGLOWS PHASE 2

VRAJBHUMI DEVELOPERS · Vadodara

Apr 2023registered
Dec 2027target completion
Declared cost₹5.52 CrScale20 flatsAuthorityGujRERA
510 m awayResidential/Group Housing

VRAJBHUMI BUNGLOWS

VRAJBHUMI DEVELOPERS · Vadodara

Sep 2020registered
Mar 2027target completion
Declared cost₹5.43 CrScale25 flatsAuthorityGujRERA
530 m awayResidential/Group Housing

SHIVASHRAY BUNGALOWS

SHIV REALTY · Vadodara

Dec 2025registered
Dec 2029target completion
Price band₹53.00 Lakh–₹56.00 LakhScale21 flatsAuthorityGujRERA
730 m awayMixed Development

Shree Govardhan Heights

GOVARDHAN DEVELOPERS · Vadodara

Apr 2022registered
Dec 2026target completion
Declared cost₹11.71 CrScale98 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.