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Arihant Square
Others, Ratnagiri, Maharashtra
ARIHANT VASTU NIRMAN PRIVATE LIMITED
Arihant Square is a premier commercial project located in the heart of Ratnagiri, Maharashtra. This project is designed to cater to the growing business needs of the region, offering a blend of modern architecture and functional spaces. The project features a variety of units including shops, offices, and residential units, making it a vibrant community for both businesses and families.
The project emphasizes sustainability and modern infrastructure, with features such as energy-efficient systems and ample natural lighting. The design ensures excellent airflow and visibility, creating a welcoming environment for customers and employees alike.
Arihant Square is strategically located to provide easy access to major roads and public transport, ensuring that residents and businesses can connect seamlessly to the surrounding area. The project also includes ample parking space, making it convenient for visitors.
With a focus on quality construction and timely delivery, Arihant Square is poised to become a landmark in Ratnagiri, offering excellent investment potential for businesses and individuals alike.
What is Arihant Square?
Arihant Square is a commercial project located in Ratnagiri, Maharashtra, offering a mix of shops, offices, and residential units.
What types of units are available?
The project features shops, offices, and residential units designed to meet various business and living needs.
What infrastructure features does the project include?
Arihant Square includes energy-efficient systems, ample natural lighting, and modern construction techniques to ensure sustainability.
How is the location of Arihant Square beneficial?
The project is strategically located with easy access to major roads and public transport, making it convenient for residents and businesses.
Is Arihant Square a good investment?
Yes, with its prime location and modern amenities, Arihant Square offers excellent investment potential for businesses and individuals.
Basic Information
- Price Range:
- Property Type: Apartment
- 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: Arihant Square
- Address: Ratnagiri, Maharashtra, Maharashtra
- Sector: Others
- Locality: Others
- City: Ratnagiri, Maharashtra
- Builder: ARIHANT VASTU NIRMAN PRIVATE LIMITED
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P52800016802
Project
Neighborhood
Project Video
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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
