Frequently Asked Questions
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Aspiration
Sector 88B, Gurugram, Haryana
VATIKA LIMITED
ASPIRATION is a sprawling residential project located in the prime area of Sector 88B, Gurugram. Spanning over 19.70 acres, this project is designed to offer a harmonious blend of modern living and natural beauty. The project features a variety of residential plots, catering to diverse needs and preferences, with sizes ranging from 53.460 to 149.500 square meters. The strategic location ensures excellent connectivity to major highways and essential amenities, making it an ideal choice for families and investors alike.
The project emphasizes sustainable living with features such as rainwater harvesting systems and energy-efficient designs. Residents can enjoy a serene environment with ample green spaces, parks, and recreational areas, promoting a healthy lifestyle. The development is also equipped with modern infrastructure, ensuring a comfortable living experience.
ASPIRATION is not just a place to live; it’s a community designed for a better quality of life, making it a promising investment opportunity in the rapidly developing Gurugram region.
What is ASPIRATION?
ASPIRATION is a residential project located in Sector 88B, Gurugram, offering a variety of residential plots.
What is the size range of the plots?
The project features plots ranging from 53.460 to 149.500 square meters.
What are the key advantages of the location?
The project is strategically located with excellent connectivity to major highways and essential amenities.
What amenities are provided in the project?
The project includes green spaces, parks, and recreational areas for residents.
Is ASPIRATION a good investment opportunity?
Yes, the project is located in a rapidly developing area, making it a promising investment.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2024
- Project Span: 19.70 Acres
- No of Towers:
- Total No of Units: 2118+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Aspiration
- Address: Sector 88B, Gurugram, Gurgaon, Haryana
- Sector: Others
- Locality: Sector 88B
- City: Gurugram, Haryana
- Builder: VATIKA LIMITED
RERA Authority
Haryana Real Estate Regulatory Authority
RERA Registration Number
RERA-GRG-PROJ-1170-2022
Project
Neighborhood
Project Video
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VATIKA LIMITED
- No of Complaints: Not Available
- States (Active in): Gurugram, Haryana, Rajasthan
Introduction
When considering a real estate investment, understanding a builder's reputation is crucial. In this blog post, we delve into Vatika Limited, a prominent builder operating in various states, including Gurugram and Rajasthan. With the backdrop of numerous legal complaints, let’s explore the outcomes of these cases to better inform potential buyers.
Overview of Vatika Limited
Number of Complaints: 829 Cases Won: 114 Cases Lost: 715 States with Projects: Gurugram, Haryana, Rajasthan
Analysis of Legal Cases
Cases Lost
Surprisingly, out of 829 complaints, Vatika Limited lost a significant majority, tallying 715 lost cases. An analysis of these lost cases reveals some telling patterns:
- Lack of Jurisdiction Claims: A recurring theme in cases lost includes disputes over jurisdiction, where the adjudicating officer often upheld the authority’s jurisdiction to hear the case.
- Pre-Deposit Failures: Many cases resulted in dismissal due to the builder’s failure to make mandatory pre-deposits required by the Real Estate (Regulation and Development) Act of 2016.
- Issues with Delivering Possession: Numerous cases centered around the inability of the builder to deliver possession of units on time, highlighting a consistent failure in fulfilling promises to buyers.
- Misrepresentation Claims: Some complainants alleged that the builder concealed material facts or misrepresented aspects of the units, which led to dissatisfaction and subsequent legal battles.
- Delayed Projects: A significant number of cases related to projects labeled as abandoned or significantly delayed, causing complainants to seek refunds, clearly indicating issues in project execution.
Cases Won
In stark contrast, Vatika Limited also won 114 cases. A closer look at these successful outcomes suggests the following:
- Withdrawal of Appeals: A notable portion of wins involved complainants withdrawing their appeals, often following settlements, indicating that sometimes issues can be amicably resolved.
- Claims of Non-Entitlement: Many cases were won based on decisions where the Tribunal ruled that complainants were not entitled to the relief sought, often because of contractual stipulations not being met.
- Precedent on … Read more
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