CLASSIC SWASTIK CITY BLOCK E is a premier commercial project located in the bustling Sukhliya area of Indore. Developed by Swastik Infrastructure, this project is designed to cater to the growing demand for modern office spaces and retail outlets. The project features a strategic layout that ensures excellent visibility and accessibility, making it an ideal choice for businesses looking to establish themselves in a vibrant commercial hub.

The project is currently under construction, with an estimated possession date in Quarter 2 of 2028. The estimated cost of construction is approximately 256.00 lacs, with the land cost estimated at 1.40 lacs. The project is expected to enhance the local business landscape with its modern architecture and comprehensive amenities, making it a valuable investment opportunity for entrepreneurs and investors alike.

CLASSIC SWASTIK CITY BLOCK E is not just about office spaces; it promises a blend of commerce and community, ensuring a thriving environment for businesses and residents. The project is designed with sustainability and energy efficiency in mind, featuring advanced systems for waste management, water conservation, and energy management. The infrastructure is planned to support the needs of modern businesses, including high-speed internet connectivity and ample parking space.

Located in a rapidly developing area, the project is well-connected to major highways and public transport, making it easily accessible for clients and employees. The surrounding area is home to a mix of residential and commercial developments, ensuring a steady flow of potential customers. With its strategic location and modern amenities, CLASSIC SWASTIK CITY BLOCK E is poised to become a landmark in Indore's commercial landscape.

Frequently Asked Questions

Explore our list of frequently asked questions to find answers to common inquiries about this project.

What is CLASSIC SWASTIK CITY BLOCK E?

CLASSIC SWASTIK CITY BLOCK E is a premier commercial project located in Sukhliya, Indore, designed to offer modern office spaces and retail outlets.

What is the expected possession date?

The expected possession date for the project is in Quarter 2 of 2028.

What kind of infrastructure is included in the project?

The project includes advanced systems for waste management, water conservation, and energy management to ensure sustainability and energy efficiency.

How is the project located?

CLASSIC SWASTIK CITY BLOCK E is strategically located in Sukhliya, Indore, with easy access to major highways and public transport.

Is this project a good investment opportunity?

Yes, the project is designed to cater to the growing demand for commercial spaces in Indore, making it a valuable investment opportunity.

Basic Information

  • Price Range:
  • Property Type: Office Space-Commercial/Mall
  • Flat Type:
  • Project Status: Under Construction

Project Details

  • Possession Date: Quarter 2 2028
  • Project Span:
  • No of Towers:
  • Total No of Units:
  • Total Floors:
  • Project Density:

Location & Builder

  • Project Name: Classic Swastik City Block E
  • Address: Sukhliya, Indore, Madhya Pradesh, Mp
  • Sector: Others
  • Locality: Sukhliya
  • City: Indore, Madhyapradesh
  • Builder: SWASTIK INFRASTRUCTURE

RERA Authority

RERA Registration Number

P-IND-17-895

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SWASTIK INFRASTRUCTURE

  • No of Complaints: Not Available
  • States (Active in): Madhya Pradesh

Introduction

In the ever-evolving real estate market, it is crucial for potential buyers to do their due diligence before investing in a property. One of the builders in Madhya Pradesh that has garnered attention is SWASTIK INFRASTRUCTURE. Armed with a record of legal challenges, both won and lost, this blog post delves into the builder’s performance in legal disputes, drawing valuable insights for prospective buyers.

Overview of Legal Performance

SWASTIK INFRASTRUCTURE has faced a total of seven complaints, resulting in a relatively impressive track record with five cases won and two lost. This performance provides a glimpse into how the builder navigates legal issues related to property transactions.

Cases Lost

  1. Loss Due to Transaction Legality: In one of the cases, SWASTIK INFRASTRUCTURE lost because the applicant claimed inadequate facilities in the flat booked, which the authority later found was booked by the applicant's wife, leading to a dismissal of the case. The common factor here is a potential lack of clarity regarding who the transaction was finalized with, indicating that buyers should ensure all documentation and claims are in order.
  2. Failure to Provide Facilities: The second case, where the builder lost, was due to the applicant claiming that crucial facilities, such as permanent electricity connections and lifts, were missing. The authority ruled that there was no maintainable transaction between the builder and the applicant. This emphasizes the need for buyers to verify the contractual obligations and ownership precisely.

Cases Won

  1. Failure to Deliver Possession: SWASTIK INFRASTRUCTURE won several cases, primarily where applicants sought compensation for non-delivery of possession. The verdicts indicated that the builder was held accountable for not meeting agreed timelines, resulting in reimbursement orders and interest payments. The pattern in these successful outcomes reflects the importance of adhering to stipulated timelines and maintaining transparent communication regarding project progress.
  2. Claims of Non-Sale Are Decisive: In one notable victory, … Read more

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