Akshar Business Park - Phase II is a premier commercial development located in the bustling Sector 1 of Navi Mumbai, Maharashtra. This project is designed to cater to the needs of modern businesses, offering a blend of functionality and luxury. The development features a total of 6 blocks, each designed with contemporary architecture and high-quality finishes, providing a vibrant business environment.

The project spans over 5 acres, offering ample space for various commercial activities. With a focus on sustainability, Akshar Business Park incorporates advanced infrastructure and development works, ensuring a comfortable and efficient working space. The development includes:
- **Centralized Sewage Treatment Plant (STP)** for effective waste management.
- **Rainwater Harvesting Systems** to promote water conservation.
- **Energy-Efficient Lighting** throughout the premises, enhancing sustainability.
- **Comprehensive Fire Safety Systems** to ensure the safety of all occupants.

Located strategically, Akshar Business Park offers excellent connectivity to major highways, public transport, and essential services, making it an ideal choice for businesses looking to thrive in a dynamic environment. The project is set to be completed by Quarter 1 of 2024, making it a timely investment opportunity for businesses looking to establish themselves in one of India's fastest-growing commercial hubs.

Frequently Asked Questions

Explore our list of frequently asked questions to find answers to common inquiries about this project.

What is Akshar Business Park - Phase II?

Akshar Business Park - Phase II is a commercial development located in Sector 1, Navi Mumbai, designed for modern businesses.

What types of units are available?

The project offers a variety of commercial units designed to meet the needs of various businesses.

What infrastructure features does the project include?

The project includes a centralized sewage treatment plant, rainwater harvesting systems, energy-efficient lighting, and comprehensive fire safety systems.

How is the location of Akshar Business Park beneficial?

The project is strategically located with excellent connectivity to major highways, public transport, and essential services.

When is the expected possession date?

The expected possession date for Akshar Business Park - Phase II is Quarter 1 of 2024.

Basic Information

  • Price Range:
  • Property Type: Office Space-Commercial/Mall
  • Flat Type:
  • Project Status: New Launch

Project Details

  • Possession Date: Quarter 1 2024
  • Project Span:
  • No of Towers:
  • Total No of Units:
  • Total Floors:
  • Project Density:

Location & Builder

  • Project Name: Akshar Business Park - Phase Ii
  • Address: Sector 1, Navi Mumbai, Maharashtra, Maharashtra
  • Sector: Others
  • Locality: Sector 1
  • City: Mumbai, Maharashtra
  • Builder: AKSHAR DEVELOPERS

RERA Authority

Maharashtra Real Estate Regulatory Authority

RERA Registration Number

P51700019533

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AKSHAR DEVELOPERS

  • No of Complaints: Not Available
  • States (Active in): Maharashtra

Introduction

In the competitive realm of real estate, selecting the right builder is a critical step for potential homebuyers. Today, we delve into the performance of Akshar Developers, examining their legal track record, common issues they face, and what this means for prospective buyers.

Overview of Akshar Developers

Akshar Developers has recorded a total of 2 complaints, resulting in an equal split of cases won and lost. With operations primarily in Maharashtra, they have shown mixed outcomes in their legal encounters, indicating some degree of inconsistency in their operations.

Legal Case Performance

Cases Won

  • Total Cases Won: 1
  • Summary: The builder successfully resolved a legal matter through an amicable settlement, leading to the withdrawal of the review application. This suggests that they are open to negotiation and finding mutual agreements, which can be a beneficial quality in a builder.

Cases Lost

  • Total Cases Lost: 1
  • Summary: In a case where the appellant accused the builder of delaying possession of real estate units and violating the RERA provisions, the tribunal concluded that the builder was at fault. The builder's defense highlighted the non-payment of dues by the appellant and unexpected circumstances causing the delay, yet the tribunal sided with the appellant, enforcing compliance with the RERA Act.

Patterns in Legal Outcomes

Common Factors in Cases Won

The single case won illustrates a tendency toward resolving disputes amicably. This suggests that Akshar Developers may prioritize mediation and finding a compromise, rather than prolonging disputes through extensive legal battlegrounds.

Common Factors in Cases Lost

The lost case highlights a reliance on the defense that centers around payment issues and unforeseen circumstances, which may imply either operational delays or potential financial difficulties encountered. There are implications of systemic issues regarding timeliness in fulfilling commitments to buyers.

Conclusion

In summary, Akshar Developers display an intriguing mix of resolution strategies and legal challenges. Their ability to settle disputes amicably is a positive trait; … Read more

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