Frequently Asked Questions
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Arihant Mall
Abhyudhya Nagar, Ratnagiri, Maharashtra
ARIHANT VASTU NIRMAN PRIVATE LIMITED
Arihant Mall is a premier retail space located in the bustling Abhyudhya Nagar of Ratnagiri, Maharashtra. This project is designed to cater to the growing demand for modern shopping and entertainment hubs in the region. With a total of 60+ units, Arihant Mall offers a diverse range of retail spaces that cater to various business needs, ensuring a vibrant shopping experience for visitors.
The project is strategically located to provide easy access to major roads and public transport, making it an ideal location for businesses looking to attract a large customer base. The mall is equipped with modern amenities, including ample parking space, ensuring convenience for shoppers.
Arihant Mall is not just about shopping; it also features a variety of dining options, ensuring that visitors can enjoy a meal or snack while they shop. The project is designed to foster a community atmosphere, making it a go-to destination for both locals and tourists alike.
Investing in Arihant Mall offers significant potential for growth, given the increasing demand for retail spaces in developing areas. With its prime location and modern infrastructure, Arihant Mall is set to become a landmark in Ratnagiri, making it an excellent opportunity for businesses and investors alike.
What is Arihant Mall?
Arihant Mall is a premier retail space located in Abhyudhya Nagar, Ratnagiri, Maharashtra, designed to cater to the growing demand for modern shopping and entertainment hubs.
What types of units are available?
The project offers a diverse range of retail spaces totaling over 60 units, catering to various business needs.
Where is Arihant Mall located?
Arihant Mall is located in Abhyudhya Nagar, Ratnagiri, Maharashtra, providing easy access to major roads and public transport.
What are the nearby amenities?
The mall is strategically located near major residential areas, ensuring a steady flow of customers.
Is Arihant Mall a good investment opportunity?
Yes, investing in Arihant Mall offers significant potential for growth due to the increasing demand for retail spaces in developing areas.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2023
- Project Span:
- No of Towers:
- Total No of Units: 60+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Arihant Mall
- Address: Abhyudhya Nagar, Ratnagiri, Maharashtra, Maharashtra
- Sector: Others
- Locality: Abhyudhya Nagar
- City: Ratnagiri, Maharashtra
- Builder: ARIHANT VASTU NIRMAN PRIVATE LIMITED
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P52800000617
Explore the Neighborhood
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ARIHANT VASTU NIRMAN PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Rajasthan
Introduction
In the world of real estate, selecting a reliable builder can be daunting. Potential buyers rely heavily on trust and transparency, yet not all builders are created equal. One such builder, Arihant Vastu Nirman Private Limited, has come under scrutiny due to a troubling track record of legal challenges. As of now, this builder has faced a total of 13 complaints, none of which have been resolved in favor of the company. This blog post aims to analyze the situation regarding Arihant Vastu Nirman Private Limited, providing insights that could help potential buyers navigate their decisions.
Understanding the Builder's Legal Challenges
Cases Lost
Arihant Vastu Nirman Private Limited has lost a total of 13 cases related to the submission of Quarterly Progress Reports (QPRs). A common thread in these cases relates to the builder's non-compliance with regulatory requirements:
- The majority of the complaints center on the builder's failure to timely submit QPRs despite multiple notices from the Authority.
- Claims by the promoters indicate they either did not receive these notices or misunderstood their obligations, yet the outcomes consistently favored the Authority, imposing penalties on the builders for their non-compliance.
- Notably, the Authority has allowed opportunities for the builder to rectify their failures by submitting pending QPRs without penalties, suggesting a fostered leniency that has not translated into improved compliance.
Cases Filed Against the Builder
In all cases, the authority ruled against Arihant Vastu Nirman Private Limited. They were held liable for penalties that underscore their inability to maintain transparent reporting and compliance mechanisms. This pattern reflects poorly on their operational efficiency and accountability.
Patterns in the Builder’s Performance
- Non-compliance: A significant motif is the inability or failure to meet reporting requirements, which has led to the loss of all cases. Despite claims of misunderstandings regarding notifications, the repeated failure to act suggests a systemic issue.
- Poor Response to Notices: As indicated … Read more
