HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
102 units
Mix
96 × Residential · 6 × Shop
Carpet area
24–80 sq mper-unit range, as filed
Parking
92 spaces
Land area
1,821 sq m
Affordable housing
Yes — registered under affordable housingprice caps & eligibility apply

Timeline

Project startedOct 2016
RERA registeredJan 2018
Proposed completionDec 2020
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 flat

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

102 units across 2 batches
TypeArea sq mCount
Residential6596
Shop416

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

SHAKTI EDIFICE LLP

COMPANYPromoter type
Ahmedabad, GujaratBased in
1Projects
1City
2018–2020Active
Timelineevery project, start → promised completion
SHAKTI 140

SHAKTI 140

this project
Mixed Development
Oct 2016started
Dec 2020target completion
102 flats₹35.52 Cr

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
380059
Address
SHAKTI 140, OPP. HOMETOWNNEXT TO S.G. MALL, THALTEJ
What’s nearby
SchoolsNearest school 1.8km away
HealthcareHospital 205m away · Clinic within 2km
LifestylePark 1.8km away · Gym or sports centre 1.8km away
ShoppingSupermarket 1.3km away · Mall 1.1km away
Getting around
Expressway 345 m · Thaltej UnderpassPrimary road 318 mRailway line 1.3 kmMetro station 228m away (Thaltej)Limited bus connectivity nearby
Water & environment
Water body 236 m · Thaltej Lake
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding · ₹2.76 Cr outstanding
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

₹35.52 Cr declared to build 102 flats. What that works out to:

₹28.00 Lakh – ₹73.50 Lakhdeclared unit pricerange on the filing — not a live asking price
₹34.82 Lakhdeclared cost per flatall-in — land + construction
39%of the cost is land₹7,026/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 17 Jan 2018 · 8 yrs ago

The promised possession date (30 Dec 2020) 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 1 block carry a Building-Use (BU) permission (latest 6 Mar 2019)— 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 projects — about 1 in 5 in Gujarat, more than any other body in the state.

an apartments market — 99% 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.