HORIZONMarkets
01

Complete project overview

RAJ-RERA · Registration filing
Land area
3,011 sq m
Completion deadline extended
1 extension on record — latest to 31 Dec 2021declared reason: force majeure
Description
LAYOUT REVISION PROPOSED FOR THE PROJECT AND SAME SHALL BE SUBMITTED FOR APPROVAL TO THE COMPETENT AUTHORITY AND WILL BE UPLOADED THE SAME TO RERA SITE. The Project maps have been revised (as per revised approval dated 20.06.2018 by Nagar Nigam Udaipur) with 3 basements, 2 stilt floors and 20 upper floors. Accordingly, the total built up area has been revised from 19757Sq.Mt. to 27476 Sq.Mt., the type of apartments along with carpet area and balcony area have been revised, parking details have been revised. The details with reference to the above mentioned revisions have been added/modified on 03.07.2018.

Timeline

Construction startJul 2015
RERA registeredDec 2017
Proposed completionDec 2020
TodayJul 2026
02

Builder’s track record

RAJ-RERA · Promoter registration

VINAYAK BUILDTECH

OrganisationPromoter type
Udaipur, RajasthanBased in
1Projects
1City
2017–2020Active
Timelineevery project, start → promised completion

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

RAJ-RERA · Registration filing
Address
171-172 (part), New Fatehpura, Udaipur, Girwa, Udaipur, 313001
Village
Udaipur
Taluka
Girwa
District
Udaipur
Pincode
313001
What’s nearby
SchoolsNo schools within 2km · College or university 1.6km away
HealthcareHospital 305m away · 1 clinic within 1km
LifestyleNo parks within 2km · 11+ restaurants and cafes within 1km
ShoppingSupermarket 247m away · Mall 703m away · Convenience store within 1km
Getting around
Expressway 1.3 km · Laxmi Vilas RoadPrimary road 131 mRailway line 3.2 kmRailway station 4.1km away (Udaipur City)Limited bus connectivity nearby
Water & environment
Water body 292 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹65.27 Cr declared. What that works out to:

24%of the cost is 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

RAJ-RERA · Approved building plan

Urban Improvement Trust

Urban Improvement Trust
Building Permitapproved 12 Dec 2017 · 8 yrs ago

The promised possession date (31 Dec 2020) 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

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Urban Improvement Trust

A city-level Urban Improvement Trust — Rajasthan's town-development body in cities without a development authority. It has approved 612 RERA projects across 20 districts about 1 in 4 in Rajasthan.

Volume is context, not a verdict — a busier authority is not 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.
  • Construction progress — RAJ-RERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RAJ-RERA does not publish a complaints register. This read cannot speak to them either way.