Frequently Asked Questions
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Green Avenue
Viman Nagar, Pune, Maharashtra
PARAM DEVELOPERS
Green Avenue is a premier residential project located in the heart of Pune's Viman Nagar, offering a blend of modern living and comfort. The project features meticulously designed 1 BHK and 2 BHK apartments, ensuring a perfect fit for families and individuals alike. Each apartment is crafted with attention to detail, featuring spacious layouts and contemporary finishes.
The project emphasizes sustainability and modern infrastructure, with a focus on energy efficiency. Residents can enjoy a range of amenities including landscaped gardens, children's play areas, and dedicated parking spaces. The location is strategically chosen for its proximity to key landmarks such as shopping centers, schools, and hospitals, making it an ideal choice for urban living.
Green Avenue is not just a home; it's a lifestyle choice that promises comfort, convenience, and community. With its ready-to-move-in status, residents can immediately enjoy the benefits of this exceptional project.
What is Green Avenue?
Green Avenue is a residential project located in Viman Nagar, Pune, offering 1 BHK and 2 BHK apartments with modern amenities.
What is the possession date of the project?
The project is ready to move in as of Quarter 1 2019.
What amenities are available at Green Avenue?
The project features landscaped gardens, children's play areas, and dedicated parking spaces.
What are the key transit points nearby?
The project is well-connected to major roads and is close to shopping centers, schools, and hospitals.
Is Green Avenue a good investment?
Yes, with its prime location and modern amenities, Green Avenue presents a promising investment opportunity in Pune.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 1 2019
- Project Span:
- No of Towers:
- Total No of Units:
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Green Avenue
- Address: Sector 1, Viman Nagar, Pune, Maharashtra
- Sector: Sector 1
- Locality: Viman Nagar
- City: Pune, Maharashtra
- Builder: PARAM DEVELOPERS
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
RERA-PR-0001-2018
Project
Neighborhood
Project Video
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PARAM DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
In the bustling world of real estate, understanding a builder's reputation is essential for potential buyers. This blog post delves into Param Developers, a builder operating in Gujarat, exploring their legal standing, insights from past cases, and strategic advice for buyers considering their projects.
Overview of Param Developers
Param Developers has been mentioned in three legal complaints, of which they have won one case and lost two. This record provides valuable insights into their business practices, accountability, and reliability.
Legal Case Analysis
Cases Lost
- Total Cases Lost: 2
- Significant Case Details:
- In one notable lost case, the Gujarat Real Estate Regulatory Authority (GUJRERA) imposed a fine of Rs. 40,000 on Param Developers for failing to submit its annual report on time. This case highlights a pattern of non-compliance with regulatory requirements, which can signal potential issues in project management and accountability.
Cases Won
- Total Cases Won: 1
- Significant Case Details:
- The builder successfully defended against claims regarding the late submission of audit reports and was penalized only for missing deadlines without substantial penalties imposed on them. This indicates that while the builder may face challenges, they also have some degree of success in legal matters concerning project reporting responsibilities.
Patterns Identified:
- Common Factors in Lost Cases:
- Non-compliance with regulatory deadlines, particularly relating to annual reporting requirements, is a trend observed in the cases Param Developers has lost. Such lapses can indicate either operational weaknesses or administrative oversights that potential buyers should consider.
- Common Factors in Won Cases:
- In cases won, the builder demonstrated a degree of responsiveness a claimed unforeseen circumstances for delays. This suggests that while they can face penalties, they are aware of some regulatory expectations and can effectively engage with authorities when necessary.
Conclusion
Overall Assessment of Param Developers
While Param Developers has had a mix of legal outcomes, the record of complaints and fines points to shortcomings in meeting compliance deadlines. Although the company has … Read more
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