HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
1,060 units
Mix
661 × Office · 399 × Shop
Carpet area
15–1304 sq mper-unit range, as filed
Blocks
4
Parking
350 spaces
Land area
27,572 sq m

Timeline

Project startedFeb 2019
RERA registeredAug 2019
Proposed completionSep 2026
TodayJul 2026
Construction progress

89% 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.

1,060 units across 2 batches
TypeArea sq mCount
Shop30399
Office38661

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

VYAPNILA TERMINALS (MODASA) PRIVATE LIMITED

COMPANYPromoter type
Aravalli, GujaratBased in
1Projects
1City
2019–presentActive
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
Modasa
District
Aravalli
Pincode
383315
Address
SR NO 734 788 789 TA MODASA DIST ARVALI
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 80m away · 6 clinics within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.7 kmPrimary road 154 mRailway line 1.3 kmRailway station 1.2km away (Modasa)Limited bus connectivity nearby
Water & environment
River 1.2 km · MajhamWater body 3.9 km
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding to Tata Capital Financial Services Ltd · ₹112.28 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

₹125.30 Cr declared to build 1,060 flats. What that works out to:

₹1 – ₹4.21 Crdeclared unit pricerange on the filing — not a live asking price
₹11.82 Lakhdeclared cost per flatall-in — land + construction
₹3,142/sq ftof carpet area₹33,820/sq m
36%of the cost is land₹1,501/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

Modasa Municipality

Municipal / Corporation
Building Permitapproved 20 Aug 2019 · 6 yrs ago
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

Modasa Municipality

Municipal Corporation

Has approved 11 RERA projects0.1% of Gujarat.

an apartments market91% apartments · 9% plotted layouts. Apartments like yours are this body's core business.

Builders
10
On record
1,874 flats · 35 plots
Since
2015

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.