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Detailed Report

Shree Nilkanth Business Hub

PR/GJ/SURAT/SURAT CITY/SUDA/CAA02073/EX1/180221 · GujRERA · https://gethorizon.in/projects/shree-nilkanth-business-hub-surat-city-3a7wjtah

01

Complete project overview

GujRERA · Registration filing
Project name
Shree Nilkanth Business Hub
Units
194 units
Mix
194 × Shop
Carpet area
15–117 sq mper-unit range, as filed
Parking
390 spaces
Land area
3,617 sq m

Timeline

Project startedJan 2018
RERA registeredMar 2018
Proposed completionDec 2021
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 unit

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

194 units across 1 batch
TypeArea sq mCount
Shop33194

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

M/S NILKANTH DEVELOPERS

PARTNERSHIP FIRMPromoter type
Surat, GujaratBased in
1Projects
1City
2018–2021Active
Timelineevery project, start → promised completion
Shree Nilkanth Business Hub

Shree Nilkanth Business Hub

this project
Commercial
Jan 2018started
Dec 2021target completion
194 flats6,343 sq m₹22.75 Cr

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
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 75 new projects last year
  • 781 nearby projects
1 km radius · coordinates as filed · 21.2237, 72.8068 · © OpenStreetMap contributors
Taluka
Surat City
District
Surat
Pincode
395004
Address
T.P. 26 (Singanpore),F.P 49,R.S No.41/1,42,47 and 99Opp. D-Mart, Cause Way Road,Singanpore,Surat.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 741m away · 5 clinics within 1km
LifestylePark 1.3km away
ShoppingNo supermarket within 2km
Getting around
Expressway 2.5 km · Swami Parmanand Road FlyoverPrimary road 1.1 kmRailway line 3.7 km · Mumbai - Delhi RailwayMetro station 2.7km away (Ugat Vaarigruh)Limited bus connectivity nearby
Water & environment
River 846 m · Tapi
distances only — not a flood assessment
Land, title & encumbrance
Mortgage194 unit(s) mortgaged to SURAT PEOPLE CO OP BANK · ₹6.70 Cr outstanding
As declared by the builder 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

₹22.75 Cr declared to build 194 flats. What that works out to:

₹5.75 Lakh – ₹39.57 Lakhdeclared unit pricerange on the filing — not a live asking price
₹11.73 Lakhdeclared cost per flatall-in — land + construction
₹3,332/sq ftof carpet area₹35,868/sq m
21%of the cost is land₹1,215/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

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

Open ground within ~34 m of the recorded location until 2018; a building is first visible in 2019 and is about 28 m tall by 2023.

Satellite view, year by year

loading 2023…

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~34 m of the filed location.

Satellite photographs of the same ground

Mar 2017
Mar 2023
Jan 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • A building is first visible in 2019.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~34 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Gujarat registration department

In Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.

No government guidance rate is shown for this project.

Gujarat's jantri is in Horizon's record, but this filing names no place the book prints — or names two — and a survey number repeats in every village of a district, so nothing can be tied to this project without guessing.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

06

Planning authority

GujRERA · Approved building plan

Surat Municipal Corporation

Municipal / Corporation
Building Permitapproved 19 Mar 2018 · 8 yrs ago

The promised possession date (31 Dec 2021) 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 24 Sep 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

Surat Municipal Corporation

Municipal Corporation

Has approved 1,566 RERA projects — about 1 in 11 in Gujarat.

an apartments market — 85% apartments · 15% plotted layouts. Apartments like yours are this body's core business.

Builders
1,275
On record
2,64,009 flats · 16,727 plots
Reach
8 talukas
Since
2005

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→

08

Other projects nearby

The register · within 25 km

182 commercial projects still under way within 25 km. Step out ring by ring:

Of the 781 projects the radar draws within 6 km — every kind, every stage — 48 are commercial projects still under way. This list keeps only those, and looks further out.

12 projects between 1 and 3 km — showing the nearest 6.

1.2 km awayCommercial

NEXUS HORIZON

PARTH JITUBHAI KAKLOTAR · Surat City

Apr 2025registered
Dec 2028target completion
Price band₹12.54 Lakh–₹55.60 LakhScale54 flatsAuthorityGujRERA
Open the read
1.7 km awayCommercial

PRAGATI ELITE

PRAGATI UNIVERSAL · Surat City

Dec 2024registered
Dec 2028target completion
Price band₹16.60 Lakh–₹1.07 CrScale80 flatsAuthorityGujRERA
Open the read
1.9 km awayCommercial

GENIUS HOUSE

SPARK DEVELOPERS · Surat City

Jul 2023registered
Mar 2027target completion
Price band₹10.19 Lakh–₹42.81 LakhScale33 flatsAuthorityGujRERA
Open the read
2.0 km awayCommercial

WHITE HOUSE

SPARKLE BUILDTECH LLP · Surat City

Feb 2026registered
Dec 2028target completion
Price band₹55.44 Lakh–₹1.43 CrScale71 flatsAuthorityGujRERA
Open the read
2.0 km awayCommercial

SIGNATURE HOUSE

SHREE KRISHNA INFRA · Surat City

May 2026registered
Jun 2030target completion
Price band₹9.10 Lakh–₹1.04 CrScale110 flatsAuthorityGujRERA
Open the read
2.0 km awayCommercial

VEDANT SQUARE

VIKRANT INFRA · Surat City

May 2025registered
Dec 2029target completion
Price band₹10.10 Lakh–₹95.22 LakhScale142 flatsAuthorityGujRERA
Open the read

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with GujRERA, as the builder submitted it.
  2. 02Builder's track record
    • GujRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the GujRERA filing.
    • Coordinates: as filed with GujRERA.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Gujarat's published schedules.
  6. 06Planning authority
    • GujRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • GujRERA's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/shree-nilkanth-business-hub-surat-city-3a7wjtah.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.