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SIPRA ICON

PR/GJ/VADODARA/VADODARA/Others/CAA02292/EX2/A1C/270721 · GujRERA · https://gethorizon.in/projects/sipra-icon-vadodara-tbam5b3x

01

Complete project overview

GujRERA · Registration filing
Project name
SIPRA ICON
Units
139 units
Mix
106 × Shop · 33 × Office
Carpet area
11–68 sq mper-unit range, as filed
Parking
4 spaces
Land area
2,471 sq m

Timeline

Project startedJun 2016
RERA registeredApr 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.

139 units across 2 batches
TypeArea sq mCount
Shop27106
Office2733

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

SIPRA REALTY

PARTNERSHIP FIRMPromoter type
Vadodara, GujaratBased in
1Projects
1City
2018–2021Active
Timelineevery project, start → promised completion

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
Taluka
Vadodara
District
Vadodara
Pincode
390004
Address
AT KAPURAI CHOWKDI,NEXT TO NH 8 OVER BRIDGE,
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 856m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 275 m · Vadodara Bypass FlyoverPrimary road 68 mRailway line 1.2 kmRailway station 3.2km away (Pratapnagar)Limited bus connectivity nearby
Water & environment
Water body 234 mRiver 2.0 km
distances only — not a flood assessment
Land, title & encumbrance
Mortgage139 unit(s) mortgaged · ₹3.18 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

₹13.01 Cr declared to build 139 flats. What that works out to:

₹5.00 Lakh – ₹45.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹9.36 Lakhdeclared cost per flatall-in — land + construction
₹3,256/sq ftof carpet area₹35,043/sq m
34%of the cost is land₹1,648/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

Government Guidance Rate

Gujarat Revenue Department — Annual Statement of Rates (jantri), 2011

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

₹7,943per sq yd
₹9,500per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “KAPURAI”.
In force
2011 schedule

This filing declares ₹35,043 per sq m of carpet area — 3.69× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.

What this number is — and isn’t

  • The minimum value Gujarat’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

GujRERA · Approved building plan

Vadodara Municipal Corporation

Municipal / Corporation
Building Permitapproved 7 Apr 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 18 Feb 2020)— 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

Vadodara Municipal Corporation

Municipal Corporation

Has approved 1,372 RERA projectsabout 1 in 13 in Gujarat.

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

Builders
1,133
On record
1,45,936 flats · 226 plots
Reach
4 talukas
Since
2006

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

07

Other projects nearby

The register · within 25 km

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

Of the 859 projects the radar draws within 6 km — every kind, every stage — 16 are commercial projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

940 m awayCommercial

VARNIRAJ WORLD

SHREE KRISHNA DEVELOPERS · Vadodara

Jan 2026registered
Dec 2030target completion
Price band₹2.76 Lakh–₹47.13 LakhScale88 flatsAuthorityGujRERA

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.