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Akshar Residency
Ranoli, Vadodara, Gujarat
SHREEJI DEVELOPER
AKSHAR RESIDENCY is a premier residential project located in the serene locality of Ranoli, Vadodara. This project is designed to offer a blend of modern living and comfort, featuring 40 meticulously crafted 1 BHK apartments spread across 5 floors. Each apartment is designed with a carpet area of 28.76 to 29.44 Sq.M, ensuring ample space for a cozy lifestyle.
The project is strategically located near Dhaval Talkies, providing residents with easy access to essential amenities such as schools, hospitals, and shopping centers. The development emphasizes a community-centric approach, with a focus on creating a vibrant neighborhood atmosphere.
Residents will enjoy a range of amenities including a well-maintained pool, landscaped gardens, and secure parking facilities. The project is equipped with modern infrastructure, ensuring a comfortable living experience.
With a possession date set for Quarter 2 2023, AKSHAR RESIDENCY is an ideal investment for those looking to settle in Vadodara's emerging residential hubs. The project is backed by Shreeji Developers, a reputable name in the real estate sector, ensuring quality construction and timely delivery.
What is AKSHAR RESIDENCY?
AKSHAR RESIDENCY is a residential project located in Ranoli, Vadodara, offering 40 1 BHK apartments designed for modern living.
What amenities are available in the project?
The project includes amenities such as a swimming pool, landscaped gardens, and secure parking.
Where is AKSHAR RESIDENCY located?
The project is located near Dhaval Talkies in Ranoli, Vadodara, providing easy access to essential services.
Is AKSHAR RESIDENCY a good investment?
Yes, with its strategic location and modern amenities, AKSHAR RESIDENCY presents a promising investment opportunity in Vadodara's real estate market.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2023
- Project Span: 2,329 Sq.M
- No of Towers: 1
- Total No of Units: 40
- Total Floors: G+5
- Project Density:
Location & Builder
- Project Name: Akshar Residency
- Address: Near Dhaval Talkies, Ranoli, Vadodara, Gujarat
- Sector: Near Dhaval Talkies
- Locality: Ranoli
- City: Vadodara, Gujarat
- Builder: SHREEJI DEVELOPER
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/VADODARA/VADODARA/Others/RAA04113/EX2/011021
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SHREEJI DEVELOPER
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
In the realm of real estate, the reputation of a builder is paramount for potential buyers. This post examines SHREEJI DEVELOPER, a builder with a significant number of legal cases, reflecting either challenges in their operations or deficiencies in meeting buyer expectations. With 125 complaints filed against them, of which only 10 resulted in favorable rulings, understanding the context of these complaints can guide prospective buyers in their decision-making process.
Overview of SHREEJI DEVELOPER
SHREEJI DEVELOPER is principally active in the state of Gujarat. Despite being involved in numerous projects, their track record raises considerable concerns. Out of a total of 125 complaints:
- Cases Won: 10
- Cases Lost: 115
This heavily tilted ratio of losses versus wins indicates a substantial risk factor for consumers.
Legal Case Patterns
Cases the Builder Lost
- Common Issues: A predominant theme in the cases won against SHREEJI DEVELOPER involves the failure to submit essential quarterly reports as mandated by the RERA Act. In five specific cases, the authority fined the builder for these omissions, with penalties ranging from Rs. 30,000 to Rs. 8,50,000. The complaints tend to emphasize the builder's lack of compliance with legal requirements and failure to communicate or rectify issues timely.
- Consequences: The loss of cases not only resulted in financial penalties but also tarnished the builder's reputation, highlighting a pattern of negligence in fulfilling contractual obligations and regulatory requirements.
Cases the Builder Won
- Defense Strategies: In stark contrast, SHREEJI DEVELOPER has effectively defended itself in numerous cases, often based on the grounds of the buyers' failure to complete payment agreements or claim possession correctly. In 110 cases dismissed in favor of the builder, the ruling generally refrained from holding SHREEJI DEVELOPER accountable for alleged delays or failures in registration of sale documents. The defense strategy employed was largely centered around proving that the buyers had not complied with their end of contractual … Read more
