HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
208 units
Mix
188 × Residential · 20 × Shop
Carpet area
15–132 sq mper-unit range, as filed
Blocks
3
Parking
175 spaces
Land area
4,492 sq m

Timeline

Project startedNov 2015
RERA registeredDec 2017
Proposed completionMar 2022
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.

208 units across 2 batches
TypeArea sq mCount
Shop4420
Residential48188

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

Shubhlaxmi Developers

PARTNERSHIP FIRMPromoter type
Ahmedabad, GujaratBased in
1Projects
1City
2017–2022Active
Timelineevery project, start → promised completion
Shashi Avenue

Shashi Avenue

this project
Mixed Development
Nov 2015started
Mar 2022target completion
208 flats9,944 sq m₹19.26 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
382440
Address
Shashi Avenue Opp Manthan 222 Vatva
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 393m away · 4 clinics within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.8 km · Sardar Patel Ring RoadPrimary road 594 mRailway line 1.4 kmRailway station 1.5km away (Vatva)Limited bus connectivity nearby
Water & environment
Water body 594 mCanal 1.2 km
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding · ₹22.6 Lakh 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

₹19.26 Cr declared to build 208 flats. What that works out to:

₹5.00 Lakh – ₹45.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹9.26 Lakhdeclared cost per flatall-in — land + construction
₹1,800/sq ftof carpet area₹19,372/sq m
84%of the cost is land₹3,340/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 8 Dec 2017 · 8 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 3 blocks carry a Building-Use (BU) permission (latest 31 Aug 2021)— 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.