2 extensions on record — latest to 31 Dec 2021declared reason: other than force majeure
Description
As per Applicant Request application to Update Development cost and Further to the approval of Hon'ble Chairman on 05-02-2021,Development cost have been changed from 11,64,83,250.00 to 8,35,69,375.00.
Henceforth Development cost should be read as 8,35,69,375.00,Development cost is updated on 10-02-2020
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.
SchoolsNearest school 1.4km away · Library 1.8km away
HealthcareHospital 542m away · 2 clinics within 1km
LifestylePark 1.2km away
ShoppingNo supermarket within 2km · Bank 697m away
Getting around
Expressway 4.0 kmPrimary road 4.7 km · Calgiri RoadRailway line 2.1 kmRailway station 2.6km away (Getor Jagatpura)Bus stop within 500m
Price analysisdeclared build cost — not a sale price
₹9.91 Cr declared. What that works out to:
16%of the cost is 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.
Location & price analysis — done
04
Government Guidance Rate
Rajasthan registration department
In Rajasthan it’s called the DLC rate.
No government guidance rate is shown for this project.
Rajasthan's schedule is in Horizon's record, but this project's filed location couldn't be matched to one place with certainty — so no figure is shown rather than a guess.
That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.
Government Guidance Rate — done
05
Planning authority
RAJ-RERA · Approved building plan
Jaipur Development Authority
Development Authority
Building Permitapproved 17 Oct 2017 · 8 yrs ago
The promised possession date (31 Dec 2019) 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
Jaipur Development Authority
Development authority
Has approved 644 RERA projects — about 1 in 3 in Rajasthan, more than any other body in the state.
a mixed market — 52% apartments · 48% plotted layouts.
Builders
528
On record
15,937 flats · 30,970 plots
Reach
2 districts
Since
2017
More apartment-heavy than Rajasthan overall — 52% apartments here vs 34% 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.