Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Indiabulls Park 5
Panvel, Mumbai, Maharashtra
LUCINA LAND DEVELOPMENT LIMITED
Indiabulls Park 5 is a premier commercial development located in the bustling area of Panvel, Navi Mumbai. This project is designed to cater to a diverse range of businesses, featuring retail spaces, office spaces, and food court areas, all within a modern and vibrant environment. The project spans over 10.5 acres and will comprise six towers, offering a total of over 200 units.
The development is strategically located to provide easy access to major highways and public transport, making it an ideal choice for businesses looking for high visibility and connectivity. The project will include a well-planned infrastructure with advanced systems for energy management, ensuring a sustainable and efficient operating environment.
Key amenities will include spacious retail areas, modern office spaces with contemporary designs, and a food court that promises a delightful dining experience. The project is designed to foster a community atmosphere, with ample green spaces and recreational areas for employees and visitors alike.
Investing in Indiabulls Park 5 not only means gaining a presence in a thriving commercial hub but also securing a future in a developing area that promises significant growth potential. With its comprehensive design and strategic location, Indiabulls Park 5 is set to become a landmark destination for commerce and innovation in Navi Mumbai.
What is Indiabulls Park 5?
Indiabulls Park 5 is a commercial development located in Panvel, Navi Mumbai, featuring retail spaces, office spaces, and food court areas.
What types of units are available?
The project offers over 200 units including retail spaces, modern office spaces, and a food court.
Where is Indiabulls Park 5 located?
The project is located in Panvel, Navi Mumbai, providing easy access to major highways and public transport.
What are the nearby amenities?
The project is strategically located near residential areas, commercial hubs, and essential services.
Is Indiabulls Park 5 a good investment?
Yes, investing in Indiabulls Park 5 means securing a presence in a thriving commercial area with significant growth potential.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall + Food Court Space
- Flat Type:
- Project Status: New Launch
Project Details
- Possession Date: Quarter 2 2026
- Project Span: 10.5 Acres
- No of Towers: 6
- Total No of Units: 200+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Indiabulls Park 5
- Address: Panvel, Navi Mumbai, Maharashtra, Maharashtra
- Sector: Others
- Locality: Panvel
- City: Mumbai, Maharashtra
- Builder: LUCINA LAND DEVELOPMENT LIMITED
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P52000025902
Project
Neighborhood
Project Video
No Review for this Project yet. Be the first one to share your thoughts!
LUCINA LAND DEVELOPMENT LIMITED
- No of Complaints: Not Available
- States (Active in): Maharashtra
Introduction
When it comes to property development, choosing the right builder is paramount for ensuring a smooth purchasing experience and a secure investment. In this post, we delve into the case of Lucina Land Development Limited, a builder with a notable legal record that draws attention from potential buyers in Maharashtra.
Overview of Legal Challenges
Lucina Land Development Limited has faced a total of 4 complaints against it, with notable results: 0 cases won and 4 cases lost. This data raises red flags for potential homebuyers, as it highlights the builder's consistent challenges in legal disputes.
Analysis of Lost Cases
While specific details regarding the nature of the complaints are not provided, it is clear that each case resulted in a loss for Lucina Land Development Limited, suggesting possible deficiencies in their contract obligations or project delivery. A common thread in the details points to a potential lack of adherence to legal and procedural nuances, which can undermine a builder's credibility.
Examination of Won Cases
Interestingly, there are specific instances noted where the builder had cases filed against it but was able to win on procedural grounds. For example, in cases where written submissions were directed, the tribunal ruled in favor of the builder due to procedural issues on the part of the respondents. However, it’s crucial to note that none of these outcomes reflect positively on the builder's practices or customer satisfaction—they hinge on legal technicalities rather than successful customer resolutions.
Conclusion: An Assessment of Lucina Land Development Limited
Based on the provided data, Lucina Land Development Limited presents a cautious profile for potential home buyers. With a history of losing every complaint against them, along with underlying themes of legal disputes, prospective buyers should approach this builder with care. It's recommended to conduct thorough due diligence, seek independent reviews, and consider alternative options.
Tips for Potential Buyers
- Research Extensively: … Read more
