Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Forma
Noombal Village, Chennai, Tamilnadu
PRESTIGE ESTATES PROJECT LIMITED
FORMA is an innovative residential project located in the serene Noombal Village, Poonamallee High Road, Chennai. This project is designed to offer a harmonious blend of modern living and natural surroundings. With a total of 637 dwelling units across 5 blocks, residents can choose from meticulously crafted 2 BHK and 3 BHK apartments, each featuring spacious layouts and contemporary finishes.
The project emphasizes sustainability and modern infrastructure, incorporating advanced systems for energy management, including LED lighting and timer control panels for energy efficiency. Additionally, FORMA is equipped with a comprehensive fire safety system, ensuring the safety of its residents.
Residents will enjoy a plethora of amenities, including a swimming pool, landscaped gardens, and recreational areas designed for a healthy lifestyle. The project is strategically located with easy access to major highways, educational institutions, and healthcare facilities, making it an ideal choice for families.
FORMA is not just a home; it’s a lifestyle choice that combines comfort, convenience, and community living, making it a promising investment for the future.
What is FORMA?
FORMA is a residential project located in Noombal Village, Poonamallee High Road, Chennai, offering 2 BHK and 3 BHK apartments designed for modern living.
What amenities are available in FORMA?
The project includes a swimming pool, landscaped gardens, and recreational areas for residents to enjoy.
What infrastructure is integrated into the project?
FORMA features advanced energy management systems, including LED lighting and timer control panels, along with a comprehensive fire safety system.
How accessible is FORMA?
The project is strategically located with easy access to major highways, educational institutions, and healthcare facilities.
Is FORMA a good investment?
Yes, FORMA offers a promising investment opportunity with its modern amenities, sustainable living features, and prime location.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2025
- Project Span:
- No of Towers: 5
- Total No of Units: 637
- Total Floors: 13
- Project Density:
Location & Builder
- Project Name: Forma
- Address: Noombal Village, Poonamallee High Road, Chennai, Tamilnadu
- Sector: Poonamallee High Road
- Locality: Noombal Village
- City: Chennai, Tamilnadu
- Builder: PRESTIGE ESTATES PROJECT LIMITED
RERA Authority
Tamil Nadu Real Estate Regulatory Authority
RERA Registration Number
RERA-CHN-PROJ-1234-2020
Project
Neighborhood
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PRESTIGE ESTATES PROJECT LIMITED
- No of Complaints: Not Available
- States (Active in): Karnataka, Tamil Nadu
Understanding Prestige Estates Project Limited: A Comprehensive Overview
Prestige Estates Project Limited is a prominent player in the real estate sector, particularly known for its activities in Tamil Nadu and Karnataka. However, with a significant number of complaints filed against the builder, it's crucial to analyze their track record and assess what potential buyers should consider when looking to invest in one of their properties.
Builder Overview
- Name: Prestige Estates Project Limited
- Number of Complaints: 214
- Cases Won: 79
- Cases Lost: 135
- States with Projects: Tamil Nadu, Karnataka
Legal Case Details
Cases Where the Builder Lost
Out of the total complaints, Prestige Estates has prominently lost 135 cases. Here are some common themes observed in these cases:
- Delay in Possession: A large number of complaints were filed due to delayed possession of apartments. Buyers frequently claimed compensation for the extensive delays in handing over their respective properties.
- Quality of Construction: Several clients mentioned issues related to structural integrity and finishing of apartments, including problems like cracks in walls and poor wall finishing, leading to dissatisfaction among homeowners.
- Failure to Provide Amenities: Complaints also highlighted instances where promised amenities were either downgraded or not delivered at all, disappointing buyers who expected certain standards.
- Financial Disputes: There were cases where the builder and the clients disagreed on financial matters such as compensation for delays and whether the builder had justified the collected amounts versus the amenities provided.
Cases Where the Builder Won
In contrast, Prestige Estates successfully won 79 cases, which indicates some strengths in their operational and legal strategies. Common aspects noted in these cases include:
- Settlement Agreements: Many of the cases concluded with the parties reaching amicable settlements, emphasizing a tendency for negotiations rather than prolonged legal battles. The builder’s ability to settle disputes amicably appears to play a role in favorable outcomes.
- Validity of Claims: Builders often won based on the arguments that the complaints were not … Read more
