HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
70 units
Mix
70 × Residential
Carpet area
72–112 sq mper-unit range, as filed
Blocks
3
Parking
1 spaces
Land area
2,671 sq m

Timeline

Project startedJul 2017
RERA registeredOct 2017
Proposed completionAug 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.

70 units across 1 batch
TypeArea sq mCount
Residential8070

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

SHIKHAR BUILDCON

PARTNERSHIP FIRMPromoter type
Gandhinagar, GujaratBased in
2Projects
2Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
194 homeson the public record across 2 projects
13,573 sq mbuilt-up filed
2,671 sq mland declared
₹13.98 Crdeclared build cost

Build cost is what the promoter 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 / Corporation1 of 2 projects
Ahmedabad Urban Development AuthorityUrban Development Authoritythis project1 of 2 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 promoter, 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.

03

Location & price analysis

GujRERA · Registration filing
Taluka
Gandhinagar
District
Gandhinagar
Pincode
382330
Address
SHIKHAR ELEGANCE, OPP SPARSH-50 B/H CNG PUMP, NANA CHILODA
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 969m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 719 m · Sardar Patel Ring RoadPrimary road 1.1 kmRailway line 2.1 kmRailway station 2.6km away (Naroda)Limited bus connectivity nearby
Water & environment
Water body 1.7 kmRiver 1.7 km · Sabarmati RiverCanal 1.7 km
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding · ₹88.8 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

₹13.98 Cr declared to build 70 flats. What that works out to:

₹18.00 Lakh – ₹28.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹19.97 Lakhdeclared cost per flatall-in — land + construction
₹2,305/sq ftof carpet area₹24,807/sq m
14%of the cost is land₹691/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 Urban Development Authority

Urban Development Authority
Building Permitapproved 12 Oct 2017 · 8 yrs ago

The promised possession date (30 Aug 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 3 blocks carry a Building-Use (BU) permission (latest 22 Aug 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 Urban Development Authority

Urban Development Authority

Has approved 2,400 RERA projectsabout 1 in 7 in Gujarat.

an apartments market99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders
1,936
On record
3,12,468 flats · 1,153 plots
Reach
22 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.