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Detailed Report

SUREEL BUSINESS HOUSE

PR/GJ/AHMEDABAD/AHMADABAD CITY/AUDA/CAA00350/EX1/A1C/220621 · GujRERA · https://gethorizon.in/projects/sureel-business-house-ahmedabad-city-6cbohbc0

01

Complete project overview

GujRERA · Registration filing
Project name
SUREEL BUSINESS HOUSE
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
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.

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 · Builder registration

PADMA ASSOCIATES

PARTNERSHIP FIRMPromoter type
Ahmedabad, GujaratBased in
1Projects
1City
2017–2021Active
Timelineevery project, start → promised completion
SUREEL BUSINESS HOUSE

SUREEL BUSINESS HOUSE

this project
Commercial
May 2015started
Jun 2021target completion
175 flats9,876 sq m₹32.34 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
  • 89 new projects last year
  • 1,141 nearby projects
1 km radius · coordinates as filed · 23.0762, 72.6642 · © OpenStreetMap contributors
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 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

₹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 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 25 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
Mar 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 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.

₹6,271per sq yd
₹7,500per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “NARODA - 1- FINAL T.P.S NO - 39”.
In force
2011 schedule

This filing declares ₹32,744 per sq m of carpet area — 4.37× 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.
06

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 projects — about 1 in 5 in Gujarat, more than any other body in the state.

an apartments market — 99% 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.

See every project approved by GujRERA→

08

Other projects nearby

The register · within 25 km

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

Of the 1,141 projects the radar draws within 6 km — every kind, every stage — 90 are commercial projects still under way. This list keeps only those, and looks further out.

2 projects within 1 km — showing the nearest 2.

500 m awayCommercial

STELLAR BUSINESS CENTRE

SIDDHANATH DEVELOPERS · Ahmedabad City

Jul 2023registered
Dec 2027target completion
Price band₹4.00 Lakh–₹76.50 LakhScale97 flatsAuthorityGujRERA
Open the read
890 m awayCommercial

Karia Mall & Karia Complex

KARIA MALL & KARIA COMPLEX · Ahmedabad City

Oct 2022registered
Mar 2026target completion
Declared cost₹24.66 CrScale223 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
    • Gujarat Revenue Department — Annual Statement of Rates (jantri), 2011.
  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
    • Complaints on GujRERA's register.
  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/sureel-business-house-ahmedabad-city-6cbohbc0.

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.