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City Point
Vasna, Vadodara, Gujarat
MATRIX CONSTRUCTION
CITY POINT is a premier residential project located in the heart of Vadodara, offering a blend of modern living and convenience. The project features 24 meticulously designed 2 BHK residential units, each with a carpet area of 62.67 sq.mts, ensuring ample space for a comfortable lifestyle. The units are designed with contemporary aesthetics and functionality in mind, providing residents with a luxurious living experience.
The project is strategically situated on Vasna Bhayli Road, providing easy access to major highways and essential amenities. Residents can enjoy a peaceful lifestyle while being well-connected to the city's bustling centers. CITY POINT emphasizes sustainability and modern infrastructure, making it an ideal choice for families looking for a vibrant community.
Key features include:
- **Residential units** with modern design and high-quality finishes.
- **Community amenities** such as a pool and green spaces for relaxation.
- **Proximity** to schools, hospitals, and shopping centers.
- **Strategic location** with excellent connectivity to the city.
Investing in CITY POINT not only offers a beautiful home but also a promising opportunity in one of Vadodara's most sought-after locales.
What is CITY POINT?
CITY POINT is a residential project located in Vadodara, offering 2 BHK units designed for modern living.
What is the size of the units available?
The units have a carpet area of 62.67 sq.mts.
Where is CITY POINT located?
The project is situated on Vasna Bhayli Road in Vadodara.
What amenities are nearby?
Residents will find schools, hospitals, and shopping centers in close proximity.
Is CITY POINT a good investment?
Yes, investing in CITY POINT offers a promising opportunity in a sought-after locale.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 2 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2024
- Project Span: 3.197 Acres
- No of Towers: 1
- Total No of Units: 24
- Total Floors:
- Project Density:
Location & Builder
- Project Name: City Point
- Address: Vasna Bhayli Road, Vadodara, Gujarat
- Sector: Others
- Locality: Vasna
- City: Vadodara, Gujarat
- Builder: MATRIX CONSTRUCTION
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/VADODARA/VADODARA/Others/RAA04864/180219
Project
Neighborhood
Project Video
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MATRIX CONSTRUCTION
- No of Complaints: Not Available
- States (Active in): Gujarat, Maharashtra
Introduction
MATRIX CONSTRUCTION, a builder operating in the states of Gujarat and Maharashtra, has faced a range of legal challenges in recent years. With nine complaints filed against them, the outcomes highlight significant trends in their operational performance and client relationships. This post will explore the nature of these legal cases, draw patterns from their victories and losses, and offer insights for potential buyers considering investment with this builder.
Overview of Legal Cases
MATRIX CONSTRUCTION has been the subject of nine complaints, with them losing a notable eight cases and only winning one. This disparity raises questions about the builder's project management, compliance with regulations, and overall reliability.
Analysis of Legal Outcomes
Patterns in Lost Cases
In the single case that MATRIX CONSTRUCTION lost, the core issue revolved around the timely submission of an annual audit report. Although the authority ultimately exempted the builder from penal actions, it underscores a potential concern regarding the builder's adherence to regulatory timelines and requirements. The fact that they failed to meet a critical deadline signifies possible weaknesses in their administrative processes or record-keeping. The contrast lies in their claims that projects were completed; however, the focus remained on their failure to comply with reporting obligations, hinting at broader systemic issues in their operation.
Patterns in Won Cases
Conversely, MATRIX CONSTRUCTION secured victories in eight cases, which predominantly involved disputes regarding the submission of final project reports. In these instances, the authority found reason to impose penalties on MATRIX due to their failure to provide necessary documentation or completion reports, suggesting a recurring theme of issues related to project closure. Additionally, one case indicated a clear win for the buyer who sought interest payments due to delays in possession handover, further affirming the importance of timely deliveries and adherence to agreements.
While the outcomes of the cases demonstrate a lack of accountability in … Read more
