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The Polaris Textile Market

PR/GJ/SURAT/SURAT CITY/SUDA/CAA01774/270218 · GujRERA · https://gethorizon.in/projects/the-polaris-textile-market-surat-city-nu6yspxn

01

Complete project overview

GujRERA · Registration filing
Project name
The Polaris Textile Market
Units
46 units
Mix
46 × Shop
Carpet area
86–194 sq mper-unit range, as filed
Parking
3 spaces
Land area
7,406 sq m

Timeline

Project startedAug 2016
RERA registeredFeb 2018
Proposed completionSep 2025
TodaySep 2026
Construction progress

57% 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.

46 units across 1 batch
TypeArea sq mCount
Shop11046

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

DILIPKUMAR BAVCHANDBHAI BHAGAT

Individual/PropritorshipPromoter type
Surat, GujaratBased in
2Projects
1City
2018–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
337 homeson the public record across 2 projects
13,216 sq mland declared
₹59.44 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Surat Municipal CorporationMunicipal / Corporation1 of 2 projects
Surat Urban Development AuthorityUrban Development Authoritythis project1 of 2 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from DILIPKUMAR BAVCHANDBHAI BHAGAT— the full portfolio →

03

Location & price analysis

GujRERA · Registration filing
Taluka
Surat City
District
Surat
Pincode
395012
Address
Block No.225, T.P.35, Opp.Bharat Cancer Hospital Road, Kumbharia,Surat-395010
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 792m away · 2 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 931 mPrimary road 3.2 km · Dandi Heritage Highway FlyoverRailway line 2.3 kmMetro station 1.0km away (Bharat Cancer Hospital)Limited bus connectivity nearby
Water & environment
River 601 mCanal 2.1 km
distances only — not a flood assessment
Land, title & encumbrance
Mortgage46 unit(s) mortgaged to DHFL · ₹78.14 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

₹29.15 Cr declared to build 46 flats. What that works out to:

₹41.10 Lakh – ₹93.97 Lakhdeclared unit pricerange on the filing — not a live asking price
₹63.37 Lakhdeclared cost per flatall-in — land + construction
15%of the cost is land₹554/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.

₹9,250per sq yd
₹11,063per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “KUMBHARIA”.
In force
2011 schedule

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

Surat Urban Development Authority

Urban Development Authority
Building Permitapproved 27 Feb 2018 · 8 yrs ago

The promised possession date (30 Sep 2025) 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 Urban Development Authority

Urban Development Authority

Has approved 895 RERA projectsabout 1 in 19 in Gujarat.

a mixed market65% apartments · 35% plotted layouts.

Builders
734
On record
1,12,087 flats · 25,390 plots
Reach
14 talukas
Since
2008

More layout-heavy than Gujarat overall — 35% plots here vs 6% statewide.

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

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

Of the 578 projects the radar draws within 6 km — every kind, every stage — 57 are commercial projects still under way. This list keeps only those, and looks further out.

4 projects within 1 km — showing the nearest 4.

190 m awayCommercial

Swagat Texking

SWAGAT DEVELOPER · Chorasi

Dec 2017registered
Jun 2026target completion
Declared cost₹96.05 CrScale378 flatsAuthorityGujRERA
460 m awayCommercial

ORBIT PLAZA

ORBIT PLAZA DEVELOPERS · Chorasi

Apr 2021registered
Dec 2026target completion
Price band₹4.50 Lakh–₹4.52 CrScale140 flatsAuthorityGujRERA
580 m awayCommercial

SHREE KUBERJI CROWN TEXTILE MARKET

NARESHKUMAR BISWESHWARLAL AGARWAL PROPRIETOR OF SHREE KUBERJI BUILDERS · Chorasi

Oct 2019registered
Mar 2027target completion
Declared cost₹57.47 CrScale273 flatsAuthorityGujRERA
890 m awayCommercial

SHREE KUBERJI VISION

SHREE KUBERJI BUILDVENTURE LLP · Chorasi

Oct 2022registered
Dec 2027target completion
Declared cost₹44.49 CrScale179 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.