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Bhairav Residency
Satwas, Dewas, Madhyapradesh
KRISHNA DEVELOPERS
Bhairav Residency is a promising new launch residential project located in the serene locality of Satwas, Dewas, Madhya Pradesh. This project offers a total of 71 residential general plots, designed to cater to the needs of families looking for a peaceful living environment. The project is strategically positioned to provide easy access to essential amenities and services, making it an ideal investment for homebuyers.
The project emphasizes modern living with a focus on community and sustainability. Residents will benefit from well-planned infrastructure and a vibrant neighborhood. Bhairav Residency is not just a place to live; it’s a lifestyle choice that promises comfort, convenience, and a sense of belonging.
Key features include:
- Spacious residential plots in a well-connected location.
- Proximity to schools, hospitals, and shopping centers.
- A community-oriented design that fosters neighborly relationships.
- Opportunities for future development and appreciation.
Investing in Bhairav Residency is a step towards securing a future in a thriving area, making it a perfect choice for both beginners and experienced investors.
What is Bhairav Residency?
Bhairav Residency is a new launch residential project located in Satwas, Dewas, Madhya Pradesh, offering 71 residential general plots.
What types of plots are available?
The project offers residential general plots designed for families looking for a peaceful living environment.
What are the nearby amenities?
The project is strategically located near schools, hospitals, and shopping centers, ensuring convenience for residents.
How accessible is the project?
Bhairav Residency is well-connected to major roads, making it easily accessible.
Is this a good investment opportunity?
Yes, investing in Bhairav Residency offers opportunities for future development and appreciation in value.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: New Launch
Project Details
- Possession Date: Quarter 2 2023
- Project Span:
- No of Towers:
- Total No of Units: 71
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Bhairav Residency
- Address: Satwas, Dewas, Madhya Pradesh, Mp
- Sector: Others
- Locality: Satwas
- City: Dewas, Madhyapradesh
- Builder: KRISHNA DEVELOPERS
RERA Authority
RERA Registration Number
P-DWS-22-3332
Project
Neighborhood
Project Video
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KRISHNA DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat, Maharashtra
Introduction
In the landscape of real estate development, buyers aspire to find trustworthy builders who honor their commitments and deliver quality projects on time. Krishna Developers, a builder operating in the states of Gujarat and Maharashtra, presents a case worth examining, particularly regarding their legal standing and customer satisfaction.
Legal Standing of Krishna Developers
Krishna Developers currently faces six complaints, all of which have not favored the builder, leading to a total loss of six cases. The nature of complaints against them revolves primarily around regulatory compliance, particularly in relation to the Real Estate (Regulation and Development) Act of 2016. The consistent loss in legal battles raises concerns about the builder’s credibility and operational transparency.
Summary of Legal Cases
In the complaints filed against Krishna Developers, the verdicts depict a pattern where they have repeatedly failed to comply with statutory requirements. Here are the key details:
- Non-Submission of Audit Reports: The Gujarat Real Estate Regulatory Authority held Krishna Developers accountable for not submitting the annual audit report for the project 'Setu Heights' on time, resulting in a Rs. 40,000 fine.
- Violations of Advertisement Regulations: The builder faced multiple sanctions for not including their RERA registration number and website in the project advertisements. These cases resulted in fines of Rs. 1,25,000 and Rs. 10,000.
- Withdrawal of Complaints: Some cases were marked as withdrawn, indicating that not all issues may have not reached a verdict due to incompletion or resolution outside the court.
- Delay Condonation: In other instances, delays in project timelines have been acknowledged, with clarifications that costs would be incurred for condoning such delays. In two separate cases, the builder agreed to condone delays upon payment of Rs. 1,500 in costs.
Patterns in Legal Challenges
Common Factors in Lost Cases
- Regulatory Non-compliance: The majority of cases against Krishna Developers revolve around failing to adhere to the RERA guidelines, highlighting a critical gap … Read more
