Frequently Asked Questions
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Gie Grand Asteria
Peroorkada, Thiruvananthapuram, Kerala
GREAT INDIA ESTATES PRIVATE LIMITED
GIE Grand Asteria is a premier residential project located in the serene locality of Peroorkada, Thiruvananthapuram. Developed by Great India Estates Private Limited, this project offers a blend of modern living and traditional charm. The project features a total of 19 meticulously designed 3 BHK apartments, ensuring ample space and comfort for families.
The apartments are designed with contemporary aesthetics and equipped with high-quality finishes, providing a luxurious living experience. Each unit is spacious, with a carpet area ranging from 199.94 to 361.52 Sqmts, catering to diverse family needs.
GIE Grand Asteria is strategically located, offering easy access to major highways, educational institutions, healthcare facilities, and shopping centers. The project is designed to provide a peaceful living environment while ensuring convenience and connectivity.
The project emphasizes sustainability and modern infrastructure, featuring essential amenities such as a centralized sewage treatment plant (STP) for effective waste management, rainwater harvesting systems for water conservation, and energy-efficient lighting solutions. Additionally, comprehensive fire safety systems are integrated to ensure the safety of residents.
With a focus on quality living and community, GIE Grand Asteria is an ideal investment for those seeking a home in Thiruvananthapuram's growing real estate market.
What is GIE Grand Asteria?
GIE Grand Asteria is a residential project located in Peroorkada, Thiruvananthapuram, offering 3 BHK apartments designed for modern living.
What is the size range of the apartments?
The apartments range from 199.94 to 361.52 Sqmts in carpet area.
What infrastructure is included in the project?
The project includes a centralized sewage treatment plant (STP) for waste management and rainwater harvesting systems for water conservation.
What amenities are offered at GIE Grand Asteria?
The project features modern amenities including energy-efficient lighting, comprehensive fire safety systems, and landscaped areas.
How accessible is the project?
GIE Grand Asteria is strategically located with easy access to major highways, educational institutions, healthcare facilities, and shopping centers.
Is GIE Grand Asteria a good investment?
Yes, the project is located in a growing area of Thiruvananthapuram, making it a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2021
- Project Span: 1392.20 Sqmts
- No of Towers: 1
- Total No of Units: 19
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Gie Grand Asteria
- Address: Peroorkada, Thiruvananthapuram, Kerala
- Sector: Others
- Locality: Peroorkada
- City: Thiruvananthapuram, Kerala
- Builder: GREAT INDIA ESTATES PRIVATE LIMITED
RERA Authority
RERA Registration Number
K-RERA/PRJ/208/2021
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GREAT INDIA ESTATES PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Kerala
When it comes to real estate investment, selecting a trustworthy builder is crucial to ensure a smooth buying process and timely delivery of property. Unfortunately, some builders fall short, resulting in frustration and financial loss for buyers. One such builder is Great India Estates Private Limited, which has faced significant legal challenges in recent years. In this blog, we will examine the complaints against Great India Estates, the outcomes of their legal battles, and provide insights for potential homebuyers.
Overview of Legal Issues
Great India Estates Private Limited has been the subject of 7 legal complaints, all of which resulted in the builder losing the cases. The common theme across all these cases was the failure to deliver promised apartments within the agreed-upon timeframe, leading to calls for refunds and interest payments to the complainants.
Case Summaries
The cases reflect a startling pattern:
- The claimants consistently sought refunds for significant amounts of money ranging from Rs. 1,30,00,000 to Rs. 1,75,00,000.
- All complainants reported lack of delivery on housing units, particularly in the 'Grand Asteria' project, showcasing a systemic issue in project completion.
- The compensation ordered by the authorities included refunds of the original payments along with a statutory interest rate of 14.5% per annum, indicating that not only were the buyers left empty-handed, but they were also entitled to additional compensation for the delayed fulfillment of their expectations.
Common Patterns in Lost Cases
- Delayed Deliveries: Every case involved complaints regarding delays in completing projects, often cited in terms of months or even years.
- High-Value Transactions: The amounts involved in these transactions were notably high, indicating a significant financial investment from the complainants.
- Repetitive Claims: The structure of claims often mirrored each other, suggesting that multiple buyers had endured similar dissatisfaction with the same housing project.
Patterns in Cases Won
Interestingly, the data indicates that no cases were won by Great India Estates. This … Read more
