Frequently Asked Questions
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Billionaires Park
Others, Indore, Madhyapradesh
SHUBHAM BUILDCON
Billionaires Park is a premier residential project located in the heart of Indore, Madhya Pradesh. This project is designed to offer a luxurious living experience with a focus on modern amenities and sustainable infrastructure. The project features a total of 40 residential plots, providing ample space for families to build their dream homes.
The project is strategically located, ensuring easy access to essential services such as schools, hospitals, and shopping centers. Residents will enjoy a peaceful lifestyle while being well-connected to the city's bustling areas.
Billionaires Park emphasizes eco-friendly living with features that include rainwater harvesting systems and energy-efficient designs. The project is set to be completed by Quarter 1 of 2026, making it an ideal investment for those looking to secure a place in one of Indore's most sought-after locations.
With a focus on quality construction and community living, Billionaires Park aims to create a vibrant neighborhood that meets the needs of modern families. The project is backed by Shubham Buildcon, a reputable developer in the region, ensuring that the highest standards of quality and customer service are maintained.
What is Billionaires Park?
Billionaires Park is a residential project located in Indore, Madhya Pradesh, offering 40 residential plots designed for modern living.
What is the expected possession date?
The expected possession date for Billionaires Park is Quarter 1 of 2026.
Where is Billionaires Park located?
Billionaires Park is located in Indore, Madhya Pradesh, providing easy access to schools, hospitals, and shopping centers.
What are the nearby amenities?
The project is strategically located near essential services such as schools, hospitals, and shopping centers.
Is Billionaires Park a good investment?
Yes, Billionaires Park is a promising investment opportunity in Indore, given its prime location and quality construction.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 1 2026
- Project Span:
- No of Towers:
- Total No of Units: 40+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Billionaires Park
- Address: Indore, Madhya Pradesh, Mp
- Sector: Others
- Locality: Others
- City: Indore, Madhyapradesh
- Builder: SHUBHAM BUILDCON
RERA Authority
RERA Registration Number
P-IND-22-3194
Project
Neighborhood
Project Video
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SHUBHAM BUILDCON
- No of Complaints: Not Available
- States (Active in): Gujarat, Rajasthan
Introduction
In the competitive landscape of real estate, builders are often scrutinized for their performance, customer service, and legal standings. Shubham Buildcon, a prominent player operating in the states of Rajasthan and Gujarat, has been subject to various complaints and legal cases. In this blog post, we'll delve into the details of their legal cases, analyze the common factors in their victories and losses, and provide potential buyers with valuable insights.
Overview of Legal Cases
Shubham Buildcon has faced a total of 5 complaints, winning 4 cases and losing 1. This legal track record gives us insight into their operation and the nature of customer disputes.
Cases Lost
The builder lost a total of 4 cases, with notable factors prevailing in these disputes:
- Annual Audit Report Compliance: A significant issue raised involved the respondent (Shubham Buildcon) failing to submit the annual audit report for the year 2019-2020. The oversight led to the authority ordering accountability without penal action, highlighting a pattern of administrative challenges in adhering to reporting requirements.
- Documentation Issues: In all the cases lost, the respondent claimed that necessary documentation such as quarterly progress reports (QPRs) and completion certificates were submitted, albeit after legal notices had been issued. This suggests potential lapses in timely record-keeping and compliance with legal obligations.
- Authority Response: The authority predominantly chose not to impose penalties in these instances, which could indicate that while compliance issues exist, the overall projects were deemed satisfactory.
Cases Won
In contrast, Shubham Buildcon won a case based on a claim against them concerning the submission of required quarterly reports under the RERA Act:
- Oversight vs. Intentional Non-Compliance: The winning case primarily revolved around an assertion that the failure to submit reports was due to an oversight rather than intentional neglect. The ruling did impose a fine, which underscores the need for vigilance in meeting reporting obligations under regulatory laws.
