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Fortune Vivanta
Others, Rajkot, Gujarat
SHIVAY DEVELOPERS
FORTUNE VIVANTA is a premier residential project located in Rajkot, Gujarat, designed to offer a luxurious living experience. The project spans over 5.573 acres and features a total of 52 residential units, each with a carpet area ranging from 183.76 to 183.94 square meters. The units are designed with modern aesthetics and functionality in mind, providing a perfect blend of comfort and style.
The project emphasizes sustainable living with advanced infrastructure, including a centralized sewage treatment plant (STP) for effective waste management, rainwater harvesting systems for water conservation, and energy-efficient LED lighting throughout the premises. Residents can enjoy a range of amenities, including a community pool, landscaped gardens, and secure parking facilities, ensuring a vibrant community atmosphere.
Located in a rapidly developing area of Rajkot, FORTUNE VIVANTA offers excellent connectivity to major highways, educational institutions, and healthcare facilities, making it an ideal choice for families and professionals alike. The project is strategically positioned to provide easy access to urban amenities while ensuring a peaceful living environment.
What is FORTUNE VIVANTA?
FORTUNE VIVANTA is a luxurious residential project located in Rajkot, Gujarat, offering modern apartments designed for comfort and style.
What types of units are available?
The project features a total of 52 residential units, each with a carpet area ranging from 183.76 to 183.94 square meters.
What infrastructure is included in the project?
FORTUNE VIVANTA includes a centralized sewage treatment plant (STP) for effective waste management, rainwater harvesting systems for water conservation, and energy-efficient LED lighting.
What amenities are available at FORTUNE VIVANTA?
Residents can enjoy a community pool, landscaped gardens, and secure parking facilities, promoting a vibrant community atmosphere.
How is the location of FORTUNE VIVANTA?
The project is strategically located in Rajkot, providing excellent connectivity to major highways, educational institutions, and healthcare facilities.
Is FORTUNE VIVANTA a good investment?
Yes, with its prime location, modern amenities, and sustainable living features, FORTUNE VIVANTA presents a promising investment opportunity in the growing real estate market of Rajkot.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: Residential
- Project Status: New Launch
Project Details
- Possession Date: Quarter 2 2023
- Project Span: 5.573 Acres
- No of Towers: 0
- Total No of Units: 52
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Fortune Vivanta
- 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/RAA08165/090321
Project
Neighborhood
Project Video
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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
