Under Construction Retail & shops

Gunjan Square

by Panchsheel Developers Last updated 6 Nov 2026

Price on Request

18% above the Nikol average· see why

1/4

Brochure

BrochurePDF · open or download

Possession

Nov 2028

Project Status

Under Construction

Towers

Total Units

244

Project Area

44,702 sq.ft

Open Space

51.21%

Launched

Apr 2023

Area in

About Gunjan Square

Our take

From this project's own record: RERA, possession date, unit sizes, prices and nearby places.

Pro: RERA registered (number under Legal & RERA)
Pro: 51.2% of the land is open space
Pro: A school and a hospital within 1 km

Con: No unit prices published, only a per-sq.ft rate: ask for the all-in price

Price vs area: ₹4,942/sq.ft against the Nikol median of ₹4,190/sq.ft (18% above). How it compares

Gunjan Square is an under construction commercial + retail + office project by Panchsheel Developers in Nikol, Ahmedabad. It has 244 homes and 1 tower. About 51% of the site is open space. The project is RERA registered, with possession expected in Nov 2028.

Project details

Property Type

Commercial + Retail + Office

Status

Under Construction

Launch Date

Apr 2023

Possession

Nov 2028

Total Land Area

44,702 sq.ft

Towers

Retail Shops

Gallery

4 photos · 4 floor plans

Floor Plans & Pricing

Floor plans not published yet

The developer hasn't released configurations and pricing for Gunjan Square. We can get them for you.

Towers in this project

1 tower · 244 homes · 6 floors each

Tower	Floors	Homes	Homes / Floor	Lifts	Completion
Tower BLOCK A	6	244	34	4	Nov 2028

Retail & Shop Units

244 shops available · 33 configurations

Shop · 2,807 sq.ft

Floor 1

Price on request

Carpet Area2,807 sq.ft

Shops of this type2

Shop · 280 sq.ft

Floor 1

Price on request

Carpet Area280 sq.ft

Shops of this type1

Shop · 405 sq.ft

Floor 1

Price on request

Carpet Area405 sq.ft

Shops of this type1

Shop · 293 sq.ft

Floor 1

Price on request

Carpet Area293 sq.ft

Shops of this type15

How this price compares

Nikol benchmark

This project

₹4,942/sq.ft

Nikol average

₹4,190/sq.ft

18% above the locality average

Median quoted rate of the 101 other priced projects we list in Nikol. This project is priced above 75% of them. Rates are as quoted by developers, so compare the carpet area of the exact unit before deciding. Rates change — confirm the current price with the developer.

Price & EMI

Unit-wise pricing and a quick loan estimate

Configuration	Carpet Area	Rate	Price
Shop · 2,807 sq.ftRetail	2,807 sq.ft	—	On request
Shop · 280 sq.ftRetail	280 sq.ft	—	On request
Shop · 405 sq.ftRetail	405 sq.ft	—	On request
Shop · 293 sq.ftRetail	293 sq.ft	—	On request

EMI Calculator

Loan AmountPrice on Request

Price on RequestPrice on Request

Interest Rate8.5%

6%15%

Loan Tenure20 years

5 yrs30 yrs

Monthly EMI

Price on Request

PrincipalPrice on Request

InterestPrice on Request

Total payablePrice on Request

Principal Interest

Typical payment plan

20%

On booking

Token amount

60%

During construction

Linked to milestones

20%

On possession

Final payment

Indicative only — confirm the exact schedule with the developer.

Location & Connectivity

Gunjan Square, Opp. Malbar Royal Bunglows Bhakti Circle Road, Nikol

Nikol, Ahmedabad

Nearby

35 places, nearest first

La Pino'z Pizza NikolShopping & food0.39 km~2 min drive

William John's Pizza NikolShopping & food0.4 km~2 min drive

Papa Louie's Pizza NikolShopping & food0.41 km~2 min drive

Town PlazaShopping & food0.42 km~2 min drive

Pink & Blue KidsEducation0.61 km~2 min drive

SuperiaShopping & food0.75 km~2 min drive

Ananta HospitalHospital0.83 km~2 min drive

Pink & Blue Kids Pre schoolEducation0.88 km~2 min drive

Gangotri Orthopaedic HospitalHospital0.93 km~3 min drive

TaraanaLandmark1.07 km~3 min drive

Amenities

Amenity list coming soon

The developer hasn't published the amenity list yet.

Specifications

Construction & finishing details

Water Infrastructure2 details

Water Source Description

Water supply: planned (100% done)
Rainwater harvesting: yes
STP: yes
Sewerage 100% done
Drinking water facility: no

Overhead Tank

Yes

About the Developer

Panchsheel Developers

Ahmedabad

Project

9687603475 gunjansquare2023@gmail.com

Legal & RERA

Registration NumberPR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA12288/010923

Approved On1 September 2023

Project StatusUnder Construction

Property TypeCommercial + Retail + Office

Documents to check before booking

6 of 7 on record here

RERA registration On record
PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA12288/010923 · approved 1 September 2023
Registration with GujRERA under the Real Estate (Regulation and Development) Act, 2016. Search the number on the GujRERA site and check the promoter, the approved completion date and the quarterly progress filings.
RERA certificate Search on gujrera.gujarat.gov.in
Commencement certificate On record
The local authority's permission to start construction on the approved plan.
Commencement Certificate
Title clearance: 7/12 extract and title search report On record
The 7/12 (Satbara) extract, or the property card in city survey areas, shows who holds the land; a title search report by an advocate traces its ownership history and any encumbrances.
Title Clearance Certificate Title Report Encumbrance Certificate
Approved building plan On record
Building Plan Approval
The plan sanctioned by the local authority (AMC, AUDA, GUDA or similar). Compare it with the floor plan of the unit you are booking.
Approved Building / Plotting Plan Approved Layout Plan Sanctioned Plan
NA order (non-agricultural use) Ask the developer
The Collector's order permitting the land to be used for non-agricultural (residential or commercial) purposes.
Payment plan, allotment letter and draft agreement for sale On record
The payment schedule, allotment letter and the draft agreement for sale. Under RERA, a promoter may not take more than 10% of the cost as advance before a registered agreement for sale.
Proforma Agreement for Sale Proforma Allotment Letter
Brochure On record
The developer's published brochure: floor plans, specifications and amenities. Marketing material, not a legal document.
Open brochure

A list of documents to ask for, not legal advice — have an advocate review them before you pay.

All information provided is subject to change. Please verify all details with the developer and the applicable state real estate regulatory authority before making any investment decision. Own a photo or text on this page, or see something wrong? Request a correction or removal - we act on it within 48 hours.

Project Timeline

Project launched
18 April 2023
Construction in progress
Under Construction
Expected possession
1 November 2028

Gunjan Square — common questions

What is the price of Gunjan Square?

The developer has not published a public price list for Gunjan Square yet. Send an enquiry and we will get you the current pricing and availability.

When is possession at Gunjan Square?

Gunjan Square is under construction, with possession expected in November 2028.

Is Gunjan Square RERA registered?

Yes. Gunjan Square carries RERA registration number PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA12288/010923. You can verify it on the website of the state real estate regulatory authority.

Where is Gunjan Square located?

Gunjan Square is in Nikol, Ahmedabad — GUNJAN SQUARE, OPP. MALBAR ROYAL BUNGLOWS BHAKTI CIRCLE ROAD, NIKOL.

Who is the developer of Gunjan Square?

Gunjan Square is developed by Panchsheel Developers. The project has 1 tower and 244 homes.

Which schools are near Gunjan Square?

Pink & Blue Kids (0.6 km), Pink & Blue Kids Pre school (0.9 km), Dipak School (1.1 km). Distances are approximate, from the project site.

Which hospitals are near Gunjan Square?

Ananta Hospital (0.8 km), Gangotri Orthopaedic Hospital - Robotic Joint replacement center (0.9 km), Harmony Hospital (1.1 km). Distances are approximate, from the project site.

Which metro or railway stations are near Gunjan Square?

Nirant Cross Road Metro Station (6 km), Vastral Metro Station (6.1 km), Vastral Gam Metro Station (6.1 km). Distances are approximate, from the project site.

Do I pay brokerage to enquire about Gunjan Square?

No. Browsing, comparing and enquiring on My City Real Estate Guide is free for home buyers. We are paid by the developer, never by you.

Gunjan Square against the rest of Nikol

Gunjan Square is an under construction commercial + retail + office project by Panchsheel Developers in Nikol, Ahmedabad. The project has 1 tower and 244 units.

We list 60 other live projects in Nikol. Possession is expected in Nov 2028.

Nearest school: Pink & Blue Kids (0.6 km); hospital: Ananta Hospital (0.8 km); metro / rail: Nirant Cross Road Metro Station (6 km); shopping: Town Plaza (0.4 km). Distances are approximate.