GOLDEN TRADE CENTER SHOPS is a premier commercial development located in the bustling New Rajendra Nagar area of Raipur, Chhattisgarh. This project is designed to cater to the growing demand for retail and office spaces in the region, offering a blend of modern amenities and strategic location benefits. The project features a total of 324 units, with a focus on spacious retail spaces and well-equipped office areas, making it an ideal choice for businesses looking to establish a presence in Raipur.

The development emphasizes a modern architecture and infrastructure, ensuring a comfortable working and shopping environment. Key features include ample natural light, contemporary design, and high-quality finishes. The project is strategically located to provide easy access to major roads and public transport, enhancing its appeal to both customers and businesses.

In terms of infrastructure, GOLDEN TRADE CENTER SHOPS is equipped with essential services including a reliable water supply system, efficient waste management, and energy management solutions. The project also prioritizes safety with comprehensive fire protection systems, ensuring a secure environment for all occupants. With its completion in Quarter 1 of 2019, this project has already established itself as a landmark in Raipur's commercial landscape, making it a lucrative investment opportunity for those looking to capitalize on the city's growth.

Frequently Asked Questions

Explore our list of frequently asked questions to find answers to common inquiries about this project.

What is GOLDEN TRADE CENTER SHOPS?

GOLDEN TRADE CENTER SHOPS is a premier commercial development located in New Rajendra Nagar, Raipur, offering retail and office spaces designed for modern businesses.

What types of units are available?

The project features a total of 324 units, including spacious retail spaces and well-equipped office areas.

Where is GOLDEN TRADE CENTER SHOPS located?

The project is located in New Rajendra Nagar, Tikrapara, Raipur, Chhattisgarh, providing easy access to major roads and public transport.

What are the nearby amenities?

The development is strategically located near various essential services, including shopping centers, restaurants, and healthcare facilities.

What infrastructure features does the project include?

GOLDEN TRADE CENTER SHOPS is equipped with a reliable water supply system, efficient waste management, and energy management solutions, ensuring a comfortable working environment.

When was the project completed?

The project was completed in Quarter 1 of 2019, making it a timely investment opportunity in Raipur's growing commercial sector.

Is this a good investment?

Yes, with its strategic location and modern amenities, GOLDEN TRADE CENTER SHOPS presents a lucrative investment opportunity for businesses and investors alike.

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 1 2019
  • Project Span:
  • No of Towers:
  • Total No of Units: 324
  • Total Floors:
  • Project Density:

Location & Builder

  • Project Name: Golden Trade Center Shops
  • Address: New Rajendra Nagar, Tikrapara, Raipur, Chhatisgarh
  • Sector: New Rajendra Nagar
  • Locality: Tikrapara
  • City: Raipur, Chhatisgarh
  • Builder: NAVKAR ASSOCIATES

RERA Authority

Chhattisgarh Real Estate Regulatory Authority

RERA Registration Number

PCGRERA160718000546

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NAVKAR ASSOCIATES

  • No of Complaints: Not Available
  • States (Active in): Chhattisgarh

Introduction

In the competitive real estate market, the performance and reputation of a builder can significantly impact the decisions of potential buyers. This post delves into the profile of NAVKAR ASSOCIATES, a builder with a presence in Chhattisgarh, providing insights into their legal history, challenges, and successes.

NAVKAR ASSOCIATES: Quick Facts

  • Number of Complaints: 6
  • Cases Won: 3
  • Cases Lost: 3
  • States with Projects: Chhattisgarh

Legal Case Overview

Cases Won

NAVKAR ASSOCIATES has been successful in winning 3 cases, which indicates a reasonable capacity to defend against claims made by buyers. Here’s a summary of the successful cases:

  1. Case Involving Sale Agreement Execution:
    The applicant claimed that despite paying a total of Rs. 4,95,000 in installments, the builder failed to execute a sale agreement and instead demanded an inflated payment based on current market rates. The authority ruled in favor of the applicant, requiring the builder to return the paid amount along with significant interest due to the delay of over seven years.
  2. Cases Regarding Cafeteria Construction and GST Claims:
    The builder had to address claims regarding the illegal construction of a cafeteria in a common area, where it was alleged that an additional Rs. 50,000 was collected under the guise of GST. The authority ruled in favor of the applicants in these instances, emphasizing the importance of proper communication and financial transparency in dealings.

Cases Lost

Examining the cases NAVKAR ASSOCIATES lost, we notice common factors:

  1. Limitation Period Issues:
    In two of the lost cases, the authority dismissed the complaints due to the claims being filed well after the legal time limit of four years from the date of possession had passed. This suggests a lack of timely action from the buyers, which can unfortunately impact rightful claims.
  2. Structural Defects Claims:
    Both lost cases involved similar accusations regarding structural defects in the 'Golden Trade Centre' property, hinting at potential quality issues or miscommunication between the builder and the … Read more

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