Frequently Asked Questions
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Down Town, Sarojini Nagar
Sarojini Nagar, Delhi, Delhi
NBCC INDIA LIMITED
Down Town, Sarojini Nagar, is a premier retail and commercial complex located in the heart of New Delhi, specifically on Ring Road in Sarojini Nagar. This project is designed to cater to the growing demand for modern shopping and dining experiences, ensuring a vibrant community atmosphere. The project spans over 8793.87 square meters, featuring a total of 653 units, including retail spaces and offices, all set within a well-planned layout.
The development is strategically located near a metro station, making it easily accessible for visitors. The design emphasizes open spaces and modern architecture, creating an inviting environment for shoppers and businesses alike. Down Town is poised to become a landmark destination to visit and invest in, given its prime location and the ongoing urban development in the area.
The project is currently under construction, with an expected possession date in Quarter 3 of 2025. This timeline allows potential investors and businesses to plan their operations accordingly, ensuring a smooth transition into their new spaces. With its comprehensive planning and strategic location, Down Town, Sarojini Nagar, is set to revolutionize the retail and commercial landscape in New Delhi.
What is Down Town, Sarojini Nagar?
Down Town, Sarojini Nagar, is a retail and commercial complex located on Ring Road in New Delhi, designed to offer modern shopping and dining experiences.
What types of units are available?
The project features a total of 653 units, including retail spaces and offices, catering to various business needs.
Where is Down Town, Sarojini Nagar located?
The project is located on Ring Road in Sarojini Nagar, New Delhi, with easy access to a metro station.
What are the nearby amenities?
Down Town is strategically located near residential areas, shopping centers, and essential services, making it a convenient choice for businesses.
Is Down Town, Sarojini Nagar, a good investment opportunity?
Yes, with its prime location and modern amenities, Down Town is poised to attract significant footfall, making it an attractive investment for businesses.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 3 2025
- Project Span: 8793.87 Sq.Mt
- No of Towers: 1
- Total No of Units: 653
- Total Floors: 8
- Project Density:
Location & Builder
- Project Name: Down Town, Sarojini Nagar
- Address: Sarojini Nagar, Ring Road, New Delhi, Delhi
- Sector: Ring Road
- Locality: Sarojini Nagar
- City: Delhi, Delhi
- Builder: NBCC INDIA LIMITED
RERA Authority
Delhi Real Estate Regulatory Authority
RERA Registration Number
DLRERA2022P0011
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NBCC INDIA LIMITED
- No of Complaints: Not Available
- States (Active in): Haryana, Kerala, Odisha
Introduction
In the rapidly evolving landscape of real estate, potential buyers often seek not just the best locations but also reliable builders. NBCC INDIA Limited is a prominent builder with a project presence across states like Haryana, Odisha, and Kerala. This blog provides detailed insights into the builder's legal standings, cases filed against it, and essential tips for prospective buyers.
Legal Case Summary
NBCC INDIA Limited has faced a total of 8 complaints, resulting in 3 cases won and 5 cases lost. A closer look at these cases reveals trends that can be beneficial for potential buyers.
Cases Lost
Out of the 5 cases against NBCC that were lost:
- Common Themes: Most of the cases that the builder lost involved the withdrawal of complaints either due to amicable settlements or a lack of detailed claims from the complainants. For instance:
- Case Withdrawals: In three instances, complaints were either dismissed or withdrawn, highlighting a pattern of settlements reached outside of court. The lack of substantial contest from NBCC suggests that when matters escalate to legal conflicts, they may often be resolved through mutual agreement rather than a court's final say.
- This indicates that while complaints can arise, the resolution often leans towards negotiated settlements.
Cases Won
In contrast, NBCC won 3 cases against the complaints filed:
- Common Themes: The cases that were won typically revolved around the authority favoring NBCC, especially in rectification claims and disputes regarding financial returns. For example:
- Successful Rectifications: Numerous cases involved the authority's agreement to correct financial discrepancies, showcasing that when the builder's packaged offers or pricing are contested, they have documented evidence supporting their claims.
- Maintenance Compliance: In one instance, despite the initial allegations regarding maintenance and structural compliance, the final judgment favored NBCC, indicating their adherence to regulatory standards and plans approved by relevant authorities.
- Refund Cases: Outcomes favorable to NBCC also appeared in cases where the complainants … Read more
