Frequently Asked Questions
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Geras Imperium Star
North Goa, Panaji, Goa
GERA DEVELOPMENT PRIVATE LIMITED
Geras Imperium Star is a premier commercial project located in the heart of Panaji, Goa. This project is designed to cater to the growing demand for retail and office spaces in the region, offering a unique blend of shopping and business opportunities. The project features a single building with a total of 30 units, including retail spaces and office spaces, all situated on Ground +8 floors. The total area of the project spans 0.00 acres, making it a compact yet efficient development.
The project is strategically located in Patto Plaza, a bustling area with high footfall, ensuring excellent visibility and accessibility for businesses. The design emphasizes modern architecture and functionality, providing a conducive environment for both retail and commercial activities.
Key features of Geras Imperium Star include:
- Spacious retail units ranging from 19.08 to 103.33 Sq.Mtr, ideal for various businesses.
- Well-designed office spaces that cater to the needs of modern businesses.
- A prime location in Panaji, ensuring high visibility and foot traffic.
- Modern infrastructure and amenities that support business operations.
Investing in Geras Imperium Star not only provides a lucrative opportunity for businesses but also contributes to the development of the commercial landscape in North Goa. The project is completed, with possession available since Quarter 2 2018, making it an ideal choice for both investors and businesses looking to establish themselves in a vibrant market.
What is Geras Imperium Star?
Geras Imperium Star is a commercial project located in Patto Plaza, Panaji, Goa, offering retail and office spaces designed for modern businesses.
What types of units are available?
The project features retail spaces ranging from 19.08 to 103.33 Sq.Mtr and well-designed office spaces.
Where is Geras Imperium Star located?
The project is located in Patto Plaza, a prime area in Panaji, North Goa, ensuring excellent visibility and accessibility.
What are the nearby amenities?
The project is surrounded by various amenities, including shopping centers, restaurants, and residential areas.
Is Geras Imperium Star a good investment opportunity?
Yes, investing in Geras Imperium Star provides a lucrative opportunity for businesses and contributes to the development of the commercial landscape in North Goa.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall
- Flat Type:
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 2 2018
- Project Span: 0.00 Acres
- No of Towers: 1
- Total No of Units: 30+
- Total Floors: Ground +8
- Project Density:
Location & Builder
- Project Name: Geras Imperium Star
- Address: Patto Plaza, Panaji, North Goa, Goa
- Sector: Patto Plaza
- Locality: North Goa
- City: Panaji, Goa
- Builder: GERA DEVELOPMENT PRIVATE LIMITED
RERA Authority
Goa Real Estate Regulatory Authority
RERA Registration Number
PRGO03180126
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GERA DEVELOPMENT PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Goa, Maharashtra
Understanding Gera Development Private Limited: Legal Insights and Buyer Considerations
Gera Development Private Limited is a notable entity in the real estate sector, primarily operating in the states of Goa and Maharashtra. With a record of 9 legal complaints, including 6 victories and 3 losses, the builder's legal history provides valuable insights for potential buyers. In this blog post, we will delve into the details of the builder's legal challenges, highlighting key patterns and offering advice for those considering a purchase.
Legal Case Overview
Summary of Complaints
- Total Complaints: 9
- Cases Won: 6
- Cases Lost: 3
Breakdown of Cases
- Cases Won (5 cases)
- The first case involved a directive for the appellant to deposit the entire amount under the Real Estate (Regulation and Development) Act, 2016.
- Multiple cases revolved around alleged failures to fulfill payment agreements due to issues securing housing loans. In these instances, complaints were often settled amicably between parties, resulting in the cancellation of agreements or withdrawal of complaints.
- Another significant case saw an order for the builder to refund a considerable sum along with a penalty for violating RERA regulations. - Cases Lost (1 case)
- In this instance, the complaint alleged that the builder had obtained registration through deceitful methods, including the provision of false documentation. The case was dismissed due to the complainant's failure to establish ownership, indicating a potential issue with documentation related to property. - Additional Cases Won (3 cases)
- Cases in this category mainly highlighted issues related to payment defaults by complainants, where the builder successfully argued that the complainants had failed to meet their financial obligations. However, legal authorities did compel refunds alongside penalties in some instances, showing that while the builder may have a favorable record, compliance with regulatory standards is critical.
Analysis
Common Patterns in Lost Cases
The solitary case lost by Gera Development Private Limited reflects serious allegations regarding fraudulent practices, particularly concerning … Read more
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