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Detailed Report

Signet Shoppers

PR/GJ/SURAT/SURAT CITY/SUDA/CAA00909/041217 · GujRERA · https://gethorizon.in/projects/signet-shoppers-surat-city-b1f6t9zi

01

Complete project overview

GujRERA · Registration filing
Project name
Signet Shoppers
Units
82 units
Mix
20 × Commercial
Carpet area
21–91 sq mper-unit range, as filed
Parking
15 spaces
Land area
1,723 sq m

Timeline

Project startedMar 2016
RERA registeredDec 2017
Proposed completionDec 2018
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.

20 units across 1 batch
TypeArea sq mCount
Commercial2120

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

Ilesh Bhanubhai Ponkia (Proprietor of Signet Corporation)

Individual/PropritorshipPromoter type
Surat, GujaratBased in
1Projects
1City
2017–2018Active
Timelineevery project, start → promised completion
Signet Shoppers

Signet Shoppers

this project
Commercial
Mar 2016started
Dec 2018target completion
82 flats₹10.75 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
  • 36 new projects last year
  • 554 nearby projects
1 km radius · coordinates as filed · 21.1410, 72.7689 · © OpenStreetMap contributors
Taluka
Surat City
District
Surat
Pincode
394518
Address
T.P. No. 7 (Vesu-Magdalla), Block No. 362/1, F.P. No. 18,Moje:Vesu, Tal.: Choryasi, District: Surat
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 686m away · 3 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.4 kmPrimary road 208 mRailway line 4.3 kmMetro station 3.3km away (Bhimrad Station)Limited bus connectivity nearby
Water & environment
Canal 766 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹10.75 Cr declared to build 82 flats. What that works out to:

₹8.96 Lakh – ₹43.12 Lakhdeclared unit pricerange on the filing — not a live asking price
₹13.11 Lakhdeclared cost per flatall-in — land + construction
26%of the cost is land₹1,494/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 on the plot until 2016; a building is first visible in 2017 and is about 20 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 the plot the promoter drew.

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 2017.
  • Plot outline was drawn by the promoter on the RERA portal and can be misplaced - check it against the image.

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 4 Dec 2017 · 8 yrs ago

The promised possession date (30 Dec 2018) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

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

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

Of the 554 projects the radar draws within 6 km — every kind, every stage — 56 are commercial projects still under way. This list keeps only those, and looks further out.

13 projects within 1 km — showing the nearest 6.

70 m awayCommercial

SOLARIS EVARAA

SOLARIS INFRA · Surat City

Mar 2025registered
Dec 2028target completion
Price band₹25.00 Lakh–₹1.10 CrScale58 flatsAuthorityGujRERA
Open the read
160 m awayCommercial

DHANLAXMI GLOBUS

DHANLAXMI GLOBUS · Surat City

Jan 2025registered
Mar 2028target completion
Price band₹36.00 Lakh–₹4.33 CrScale114 flatsAuthorityGujRERA
Open the read
290 m awayCommercial

RAGHUVIR STEFFON

RAGHUVIR BUILDERS · Surat City

Aug 2024registered
May 2029target completion
Price band₹78.05 Lakh–₹6.90 CrScale85 flatsAuthorityGujRERA
Open the read
310 m awayCommercial

SOLARIS THE FUTURE

AARYAN HEIGHTS · Surat City

Mar 2025registered
Dec 2029target completion
Price band₹25.50 Lakh–₹1.63 CrScale161 flatsAuthorityGujRERA
Open the read
590 m awayCommercial

SOLARIS CURE

URBAN SPACES · Surat City

Feb 2025registered
Dec 2028target completion
Price band₹56.05 Lakh–₹1.34 CrScale56 flatsAuthorityGujRERA
Open the read
700 m awayCommercial

RAJHANS MEDICREST

RAJHANS INFRACON (INDIA) PRIVATE LIMITED · Surat City

Feb 2026registered
Dec 2031target completion
Price band₹1.25 Cr–₹2.24 CrScale36 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/signet-shoppers-surat-city-b1f6t9zi.

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.