Frequently Asked Questions
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Business Arcade
Khanpur, Alwar, Rajasthan
MODEST STRUCTURES PRIVATE LIMITED
Business Arcade is a premier commercial project located in the bustling area of Alwar By Pass Road, Khanpur, Alwar. This project is designed to cater to the growing demand for retail spaces, offering a vibrant shopping experience with a total of 217 units spread across 8 floors. The project is strategically positioned to provide easy access to major highways and residential areas, making it an ideal location for businesses looking to thrive in a busy environment.
The project emphasizes modern infrastructure and sustainability, featuring advanced systems for energy management, including LED lighting and timer control panels to ensure energy efficiency. Additionally, Business Arcade is equipped with comprehensive fire safety systems, ensuring the safety of all occupants. The project also incorporates water conservation measures, including rainwater harvesting systems, to promote sustainable practices.
With its prime location and modern amenities, Business Arcade is not just a shopping destination but a valuable investment opportunity for businesses looking to establish themselves in the growing retail sector of Alwar. The project is designed to meet the needs of various businesses, from retail outlets to service providers, making it a hub of commercial activity in the region.
What is Business Arcade?
Business Arcade is a commercial project located on Alwar By Pass Road, Khanpur, Alwar, designed to provide retail spaces and business opportunities.
What types of units are available?
The project offers a total of 217 units spread across 8 floors, catering to various business needs.
Where is Business Arcade located?
Business Arcade is strategically located on Alwar By Pass Road, providing easy access to major highways and residential areas.
What are the nearby amenities?
The project is close to residential areas, ensuring a steady flow of customers, and is well-connected to essential services such as hospitals and educational institutions.
What infrastructure features does Business Arcade have?
The project includes modern infrastructure with energy-efficient LED lighting, timer control panels, and comprehensive fire safety systems.
Is Business Arcade a good investment opportunity?
Yes, with its prime location and modern amenities, Business Arcade is a valuable investment for businesses looking to establish themselves in the retail sector.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 3 2021
- Project Span: 0.80 Acres
- No of Towers: 1
- Total No of Units: 217
- Total Floors: 8
- Project Density:
Location & Builder
- Project Name: Business Arcade
- Address: Khanpur, Alwar By Pass Road, Alwar, Rajasthan
- Sector: Others
- Locality: Khanpur
- City: Alwar, Rajasthan
- Builder: MODEST STRUCTURES PRIVATE LIMITED
RERA Authority
Rajasthan Real Estate Regulatory Authority
RERA Registration Number
RAJ/P/2017/560
Explore the Neighborhood
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MODEST STRUCTURES PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Rajasthan
Introduction
Modest Structures Private Limited is a player in the real estate sector, primarily operating in the state of Rajasthan. This blog post aims to provide a thorough analysis of the builder based on legal performance and complaint history, alongside tips for potential buyers.
Legal Cases Overview
Modest Structures has faced 80 complaints, resulting in 39 cases won and 41 cases lost. A significant pattern emerges when analyzing the details of these legal matters.
Patterns in Cases Lost
The majority of cases lost by Modest Structures were related to the non-submission of Quarterly Progress Reports (QPRs) as mandated by the Real Estate (Regulation and Development) Act, 2016, and regulations set by RERA. Key findings include:
- Recurrent claims by appellants that the builder failed to submit required QPRs, leading to penalties and potential revocation of registration.
- The builder frequently defended itself by claiming that QPRs were submitted but not uploaded due to technical issues.
- The legal authority consistently directed the builder to upload pending reports, pay penalties, and deposit delay processing charges.
This trend indicates a chronic issue with adhering to regulatory reporting requirements, impacting the builder's reputation and legal standing.
Patterns in Cases Won
Conversely, in the cases won by Modest Structures, the complaints primarily centered on allegations of failure to deliver possession of flats within stipulated timeframes. Key observations include:
- The builder argued that delays were due to external factors like raw material shortages and issues beyond their control.
- In many instances, the authority sided with the builder, indicating the defense was strong enough to substantiate claims of unforeseen delays or complications.
- Several cases involved disputes regarding payment installments, pointing towards possible financial mismanagement or misunderstanding between the builder and buyers.
Overall Assessment
The review of Modest Structures Private Limited reveals a complex legal landscape. While the builder has managed to win a notable number of cases, the frequency and nature of complaints highlight serious … Read more
