New Launch - India Real Estate Report 2026.

KARMA ELEGANCE

KARMIK SMART SPACES

Nr. Silver Brook, S.P. Ring Road, Shilaj

RERA approved

Approved

10th Jan 2023

Completion pending

Pending

31st Oct 2026

Registration No.

PR/GJ/AHMEDABAD/AHMEDABAD CITY/Ahmedabad Municipal Corporation/MN295AA10195/EX1/EX2/300825/311026

Acknowledgement No.

PR/AHMEDABAD/DASKROI/AHMEDABAD URBAN DEVELOPMENT AUTHORITY/221110/016119

Project Type

Mixed Development

Approving Authority

Ahmedabad Municipal Corporation

District

Ahmedabad

Taluka

Ahmedabad City

State

GUJARAT

Project Details

Project NameKARMA ELEGANCE
RERA NumberPR/GJ/AHMEDABAD/AHMEDABAD CITY/Ahmedabad Municipal Corporation/MN295AA10195/EX1/EX2/300825/311026
Acknowledgement NumberPR/AHMEDABAD/DASKROI/AHMEDABAD URBAN DEVELOPMENT AUTHORITY/221110/016119
Project DescriptionKARMA ELEGANCE IS SITUATED NEAR SHILAJ CIRCLE, SP RING ROAD, HAVING 49 OFFICES/SHOWROOMS AND 244 RESIDENTIAL APARTMENTS
Project TypeMixed Development
Project StatusPENDING
DistrictAhmedabad
TalukaAhmedabad City
AddressNr. Silver Brook, S.P. Ring Road, Shilaj
Pincode380058
StateGUJARAT
Approving AuthorityAhmedabad Municipal Corporation
Approved On2023-01-10
Start Date2022-10-01
End Date2026-10-31
Submission Date2022-11-10

Area & Cost Details

Total Land Area (Registered)5797.0
Total Covered Area2684.69
Total Open Area3112.31
Total Carpet Area21034.67
Open Parking Area306.79
Covered Parking Area10882.92
Covered Parking Count973
Parking for Sale Count67

Land Details

MojeSHILAJ
Revenue Survey No.353/A , 333/P/2
TP No.217
TP NameSHILAJ - THALTEJ - HEBATPUR - SOLA - BHADAJ
Final Plot No.204 + 216

Promoter Details

Promoter NameKARMIK SMART SPACES
Promoter TypePARTNERSHIP FIRM
Emailkar*********@gmail.com
Mobile99********
Company Registration No.GUJAH103910
PANAAY*******
Date of Incorporation2022-04-01
Experience (Years)28
Area Constructed (sqm)137225
Projects Completed25
Ongoing Projects0

Promoter Partners

Partner 1HANSUL RAKESH SHAH
PANFUK*******
Address9, Vaibhav Gokul Bunglows,, B/h Rajpath club Road, S.G. Highway
Partner 2RAKESH CHANDRAKANTBHAI SHAH
PANAEQ*******
Address9, Vaibhav Gokul Bunglows, B/h Rajpath club Road, S.G. Highway
Partner 3MEHUL HARSHADBHAI SHAH
PANANS*******
Address1, SHAISHAV APARTMENT,KARNAVATI SOCIETY, BHAIRAVNATH ROAD,MANINAGAR
Partner 4KUNAL SHAH
PANBIV*******
AddressA-53 SANTOSSA GREENLAND, NR BHADAJ CIRCLE, SCIENCE CITY
Partner 5JITENDRA JAYANTILAL SHAH
PANAGD*******
Address1, Sarita Bunglows,, Nr. Lad Society, Bodakdev, Vastrapur
Partner 6SANDIP HITESHBHAI BAROT
PANAKZ*******
Address1, Chitrakut Bunglows,, B/h Sindhubhavan, Opp Arman Bunglows, Thaltej,
Partner 7DHRUVA GUNVANTSINH SOLANKI
PANOVZ*******
Address48, Nirman Twins Bunglows, Ghatlodia,
Partner 8DILIP JAYANTILAL SHAH
PANAHL*******
Address12-A, HASH SHENTOSHA PARK, NR HIMALAYA MANSION, B/H HIRA RUPA MALL AMBLI

Building Blocks

A+B+C+D+E - Start Date2022-10-01
A+B+C+D+E - End Date2026-10-31
A+B+C+D+E - Height44.95
A+B+C+D+E - FSI24739.86
A+B+C+D+E - Built-up Area46222.96
A+B+C+D+E - Progress28.33%
A+B+C+D+E - Booked Units83
A+B+C+D+E - Unbooked Units210

Inventory Units

Shop - Total Units49
Shop - Booked Units14
Shop - Carpet Area2015.79
Shop - Exclusive Area0.0
Shop - Open Terrace Area0.0
Flat - Total Units244
Flat - Booked Units60
Flat - Carpet Area19018.88
Flat - Exclusive Area1843.62
Flat - Open Terrace Area692.26

Quarterly Progress

July 202322.18%
October 202326.93%
January 202425.5%
October 202549.49%
January 202663.29%
April 202675.22%

Professionals

ArchitectVISHESH JIGNESH PATEL
Licence No.CA/2022/147128
EngineerMAHESHKUMAR NANJIBHAI DONGA
Licence No.001ERH02122900564

The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in

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