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Devashay
Chaitanya Villa, Bhavnagar, Gujarat
VINAYAK DEVELOPERS
Devashay is a promising mixed development project located in the serene Chaitanya Villa area of Bhavnagar, Gujarat. This project, developed by Vinayak Developers, offers a blend of residential and shop units, catering to diverse needs. The project spans 0.47 acres and features a total of 24 units, ensuring a cozy community atmosphere.
The residential units range from 11.15 to 64.12 square meters, providing options for various family sizes and preferences. Each unit is designed with modern aesthetics and functionality in mind, ensuring a comfortable living experience. The project emphasizes quality construction and attention to detail, making it an ideal choice for homebuyers.
Devashay is strategically located in Bhavnagar, providing easy access to essential amenities such as schools, hospitals, and shopping centers. The project is well-connected to major roads, ensuring smooth commutes and convenience for residents. With its prime location and modern living options, Devashay is poised to be a valuable investment in the growing real estate market of Bhavnagar.
The project is currently under construction, with an expected possession date in the fourth quarter of 2024. This timeline allows potential buyers to plan their move accordingly and secure their place in this promising development.
What is Devashay?
Devashay is a mixed development project located in Chaitanya Villa, Bhavnagar, offering residential and shop units.
What types of units are available?
The project offers residential units ranging from 11.15 to 64.12 square meters, as well as shop units.
Where is Devashay located?
Devashay is located in Chaitanya Villa, Bhavnagar, Gujarat.
What amenities are nearby?
The project is close to schools, hospitals, and shopping centers, ensuring convenience for residents.
Is Devashay a good investment?
Yes, with its prime location and modern living options, Devashay is a promising investment opportunity in the growing real estate market of Bhavnagar.
Basic Information
- Price Range:
- Property Type: Mixed Development
- Flat Type: Residential, Shop
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2024
- Project Span: 0.47 Acres
- No of Towers: 1
- Total No of Units: 24
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Devashay
- Address: Chaitanya Villa, Bhavnagar, Gujarat
- Sector: Others
- Locality: Chaitanya Villa
- City: Bhavnagar, Gujarat
- Builder: VINAYAK DEVELOPERS
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/BHAVNAGAR/BHAVNAGAR/Others/MAA01924/EX1/071218
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VINAYAK DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
In the ever-evolving world of real estate, choosing the right developer can significantly impact your investment. One such builder operating in Gujarat is Vinayak Developers. This blog post delves into their track record, specifically analyzing their legal disputes, win-loss ratios, and trends observed in their cases.
Overview of Vinayak Developers
Complaints and Cases
- Number of Complaints: 5
- Cases Won: 0
- Cases Lost: 5
- States with Projects: Gujarat
Vinayak Developers has faced several legal challenges, all of which they have lost. With no victories in their legal battles, potential buyers may be compelled to scrutinize this builder's reputation closely.
Legal Case Details
Cases Lost
Vinayak Developers has lost two notable cases. Here are their summaries:
- Case 1: The builder claimed that the project was completed and all necessary occupancy certificates were obtained; however, they failed to submit the final completion certificate to GUJRERA (Gujarat Real Estate Regulatory Authority) within the required timeframe. The authority ruled against them, compelling them to submit the completion certificate.
- Case 2: The builder cited challenges in submitting their annual audit report on time. Nevertheless, the RERA authority imposed a penalty, confirming the builder's failure to adhere to deadlines.
Patterns in Lost Cases
A clear pattern emerges from the cases Vinayak Developers has lost:
- Failure to Comply with Stipulated Time Frames: In both instances, it is evident that the builder struggled to meet crucial deadlines required by regulatory authorities.
- Penalties for Non-Submission: The outcomes consistently resulted in penalties for non-compliance with legal requirements related to project documentation and financial reporting.
Cases Won
While the builder has not won any cases filed directly against them, it is noteworthy that they have faced penalties in cases where they were the respondents. Here’s a summary:
- Case 1: The authority found the promoters at fault for not submitting final project completion reports, leading to financial penalties.
- Case 2: A penalty was imposed for failing to submit a quarterly report and the … Read more
