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Coral Pride
Others, Vadodara, Gujarat
SHYAM DEVELOPERS
CORAL PRIDE is a premier residential project located in the heart of Vadodara, Gujarat. This project offers a blend of modern living and traditional charm, featuring a total of 69 units across two towers. The units range from 1 BHK to 3 BHK, catering to diverse family needs. Each apartment is designed with spacious layouts and contemporary finishes, ensuring a luxurious living experience.
The project is strategically located to provide easy access to major highways, educational institutions, and healthcare facilities, making it an ideal choice for families. Residents can enjoy a range of amenities including landscaped gardens, a children's play area, and dedicated parking spaces.
In terms of infrastructure, CORAL PRIDE is equipped with essential services such as a centralized drainage system, adequate water supply, and energy-efficient lighting. The project also emphasizes sustainability with features such as rainwater harvesting and waste management systems. Safety is paramount, with comprehensive fire safety measures in place.
With its prime location, modern amenities, and a focus on sustainability, CORAL PRIDE stands out as a valuable investment opportunity in the growing real estate market of Vadodara.
What is CORAL PRIDE?
CORAL PRIDE is a residential project located in Vadodara, offering a range of apartments from 1 BHK to 3 BHK.
What is the total number of units in the project?
The project comprises a total of 69 units.
What kind of infrastructure is included in CORAL PRIDE?
The project includes a centralized drainage system, rainwater harvesting, and energy-efficient lighting.
How is waste managed in CORAL PRIDE?
CORAL PRIDE implements a waste management system that includes organic waste converters and proper disposal methods.
What amenities are available for residents?
Residents can enjoy landscaped gardens, a children's play area, and dedicated parking spaces.
Where is CORAL PRIDE located?
The project is located in Vadodara, Gujarat, providing easy access to major highways and essential services.
Is CORAL PRIDE a good investment opportunity?
Yes, with its prime location and modern amenities, CORAL PRIDE presents a valuable investment opportunity in the growing real estate market.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type: 1 BHK, 2 BHK, 3 BHK
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 3 2021
- Project Span: 1.66 Acres
- No of Towers: 2
- Total No of Units: 69
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Coral Pride
- Address: Vadodara, Gujarat, Gujarat
- Sector: Others
- Locality: Others
- City: Vadodara, Gujarat
- Builder: SHYAM DEVELOPERS
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/VADODARA/VADODARA/Others/MAA03947/021118
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SHYAM DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
SHYAM DEVELOPERS, a builder primarily operating in Gujarat, presents a case study of both achievements and challenges faced within the real estate sector. With a total of five complaints filed against them, the builder has won only one case while losing four. This blog aims to analyze the legal disputes surrounding SHYAM DEVELOPERS, highlight patterns in their outcomes, and provide essential insights for potential buyers.
Overview of Legal Cases
Cases Won
SHYAM DEVELOPERS has successfully won one case, where they maintained that the project was completed within the stipulated time frame. This defense led the regulatory authority to exempt them from penal action despite a claim of financial misconduct involving advance payments without a signed agreement. This case signifies a strong point for the builder, showing their ability to meet deadlines, which is often a concern among homebuyers.
Cases Lost
Conversely, SHYAM DEVELOPERS has faced significant challenges in four other cases. The common issues identified in these cases include:
- Failure to Comply with RERA Regulations: Each case highlighted violations of key provisions under the Real Estate (Regulation and Development) Act, particularly regarding advertisement practices and reporting obligations. For example, they faced fines for not displaying their RERA registration number and failing to submit quarterly reports on time.
- Conflict in Claims: There exists a pattern where the builder claimed ignorance of regulatory requirements or acknowledged defects in advertisements. However, regulatory authorities consistently found them at fault, indicating a serious disconnect between their understanding of compliance and the expectations set by the regulatory framework.
- Financial Penalties: The fines imposed as a result of these findings—totaling over ₹3 lakhs—suggest systemic issues in governance and operational transparency within the firm.
Analysis of Winning and Losing Cases
The lone victory for SHYAM DEVELOPERS revolves around operational timeliness, suggesting a strength in project execution. However, the multiple losses reveal a significant weakness in regulatory compliance and … Read more
