Frequently Asked Questions
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Fortune Imperia
Others, Rajkot, Gujarat
SHIVAY DEVELOPERS
FORTUNE IMPERIA is a premier retail space located in the heart of Rajkot, designed to cater to the modern consumer's needs. This project features a total area of 5,573 Sq.Mtrs, with units ranging from 28.32 to 82.91 Sq.Mts, making it an ideal choice for various businesses. The project is strategically positioned to ensure maximum visibility and foot traffic, enhancing the potential for success.
The development includes a well-planned layout that accommodates a variety of retail spaces, ensuring a vibrant shopping experience for visitors. With 61 units available, businesses can choose from a range of options to suit their requirements. The project is equipped with modern amenities and infrastructure, providing a conducive environment for retail operations.
Located in Rajkot, a city known for its commercial activities and consumer demand, FORTUNE IMPERIA is poised to become a leading retail destination. The project is ready for immediate possession, allowing businesses to start operating without delay. With its prime location and thoughtful design, FORTUNE IMPERIA is an excellent investment opportunity for retailers looking to establish themselves in a thriving market.
What is FORTUNE IMPERIA?
FORTUNE IMPERIA is a premier retail space located in Rajkot, designed to cater to modern consumer needs.
What types of units are available?
The project offers units ranging from 28.32 to 82.91 Sq.Mts, suitable for various retail businesses.
Where is FORTUNE IMPERIA located?
FORTUNE IMPERIA is located in the heart of Rajkot, ensuring maximum visibility and foot traffic.
What are the key benefits of the location?
The location is known for its commercial activities and consumer demand, making it an ideal spot for retail businesses.
Is FORTUNE IMPERIA ready for possession?
Yes, the project is ready for immediate possession, allowing businesses to start operating without delay.
What makes FORTUNE IMPERIA an excellent investment opportunity?
With its prime location and thoughtful design, FORTUNE IMPERIA is poised to become a leading retail destination, making it an excellent investment opportunity.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 2 2022
- Project Span: 5,573 Sq.Mtrs
- No of Towers: 1
- Total No of Units: 61
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Fortune Imperia
- Address: Rajkot, Gujarat
- Sector: Others
- Locality: Others
- City: Rajkot, Gujarat
- Builder: SHIVAY DEVELOPERS
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/RAJKOT/RAJKOT/Others/CAA08128/010321
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SHIVAY DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
Investing in real estate is a commitment that requires careful consideration of various factors, including the reliability of builders. In this blog post, we take a closer look at SHIVAY DEVELOPERS, a builder operating in Gujarat, to understand their track record through the lens of legal cases and complaints.
Overview of SHIVAY DEVELOPERS
SHIVAY DEVELOPERS is a construction entity based in Gujarat. With only one recorded complaint against them, they have a unique standing in the real estate market. However, their legal history reveals that they have faced challenges in meeting regulatory obligations, specifically concerning transparency in their reporting practices.
Legal Case Analysis
Lost Case
The only recorded case involving SHIVAY DEVELOPERS was filed by the Gujarat Real Estate Regulatory Authority (RERA). The authority complained about the builder's failure to submit quarterly reports regarding their projects on the RERA web portal, a crucial requirement stipulated under the RERA Act. The result was unfavorable for SHIVAY DEVELOPERS, leading to penalties imposed by the authority. This case underscores a significant lack of compliance with regulatory standards, which is crucial for ensuring buyer protection and trust.
Won Cases
In contrast to the lost case, there is mention of cases filed against multiple promoters where SHIVAY DEVELOPERS did not emerge victorious, as they were penalized alongside others for similar non-compliance issues. It is worth noting that while the developer did not win any cases, they also did not have any victorious outcomes, which raises concerns regarding their ethical operations and adherence to regulations.
Common Patterns Identified
- Compliance Issues: The most notable pattern in the case SHIVAY DEVELOPERS lost revolves around compliance with legal and regulatory frameworks. The builder's inability to submit timely reports highlights a systemic issue that could impact buyer confidence and overall project transparency.
- Liability Among Peers: While the builder's individual reputation is at stake, it appears they were part of a … Read more
