HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
175 units
Mix
90 × Office · 85 × Shop
Carpet area
8–178 sq mper-unit range, as filed
Parking
325 spaces
Land area
3,311 sq m

Timeline

Project startedMay 2015
RERA registeredOct 2017
Proposed completionJun 2021
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 unit

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

175 units across 2 batches
TypeArea sq mCount
Shop4685
Office6690

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

PADMA ASSOCIATES

PARTNERSHIP FIRMPromoter type
Ahmedabad, GujaratBased in
1Projects
1City
2017–2021Active
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

GujRERA · Registration filing
Taluka
Ahmedabad City
District
Ahmedabad
Pincode
382330
Address
FP NO. 448, TP NO. 1NEAR MUKTIDHAM, NARODA
What’s nearby
SchoolsNo schools within 2km · Library 783m away
HealthcareHospital 546m away · 1 clinic within 1km
LifestylePark 1.9km away
ShoppingNo supermarket within 2km
Getting around
Expressway 2.4 km · Sardar Patel Ring RoadPrimary road 125 mRailway line 1.3 kmRailway station 1.2km away (Naroda)Bus stop within 1km
Water & environment
Canal 155 m · Kharicut CanalWater body 647 m · Naroda Lake
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding · ₹9.16 Cr 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

₹32.34 Cr declared to build 175 flats. What that works out to:

₹4.19 Lakh – ₹95.60 Lakhdeclared unit pricerange on the filing — not a live asking price
₹18.48 Lakhdeclared cost per flatall-in — land + construction
₹3,042/sq ftof carpet area₹32,744/sq m
17%of the cost is land₹1,568/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 Municipal Corporation

Municipal / Corporation
Building Permitapproved 6 Oct 2017 · 8 yrs ago

The promised possession date (30 Jun 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 30 Jun 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

Ahmedabad Municipal Corporation

Municipal Corporation

Has approved 3,250 RERA projectsabout 1 in 5 in Gujarat, more than any other body in the state.

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

Builders
2,712
On record
4,25,177 flats · 633 plots
Reach
6 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.