Frequently Asked Questions
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King Citi Phase - I
G T Road Shambhu Rajpura, Patiala, Punjab
PARSVNATH DEVELOPERS LIMITED
King Citi Phase - I is a premier residential plotted development located in the serene Village Dharia, along the bustling G T Road Shambhu Rajpura, Patiala. This project is designed to offer a harmonious blend of modern living and natural beauty, making it an ideal choice for families seeking a peaceful yet connected lifestyle. The project spans over 150.3 acres, providing ample space for residential plots that cater to diverse needs.
The development is strategically positioned with easy access to essential amenities such as schools, hospitals, shopping centers, and recreational facilities, ensuring that residents enjoy a convenient lifestyle. The project emphasizes a well-planned layout with wide roads, landscaped greenery, and parks for children to play, enhancing the overall living experience.
Key features of King Citi Phase - I include:
- **Strategic Location**: Located on G T Road, ensuring excellent connectivity to major cities and towns in Punjab.
- **Lush Green Environment**: Abundant green spaces and parks for recreation and relaxation.
- **Residential Plots**: A total of 283 plots available, ranging in size to suit various preferences.
- **Infrastructure Development**: The project is equipped with essential infrastructure, including a sewage treatment plant, water supply systems, and street lighting, ensuring a modern living environment.
- **Investment Potential**: With the ongoing development in the region, King Citi Phase - I presents a promising investment opportunity for those looking to secure their future in a thriving area.
What is King Citi Phase - I?
King Citi Phase - I is a residential plotted development located in Village Dharia, Patiala, designed to offer a serene living environment with modern amenities.
What types of properties are available?
The project offers a total of 283 residential plots, catering to various size preferences.
How accessible is the project?
King Citi Phase - I is strategically located on G T Road, ensuring easy access to major roads and connectivity to nearby cities.
What amenities are nearby?
The project is close to schools, hospitals, shopping centers, and recreational facilities, providing residents with convenience.
Is this a good investment opportunity?
Yes, with its prime location and ongoing development in the region, King Citi Phase - I presents a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2023
- Project Span: 150.3 Acres
- No of Towers:
- Total No of Units: 283
- Total Floors:
- Project Density:
Location & Builder
- Project Name: King Citi Phase - I
- Address: Village Dharia, G T Road Shambhu Rajpura, Patiala, Punjab
- Sector: Village Dharia
- Locality: G T Road Shambhu Rajpura
- City: Patiala, Punjab
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Punjab Real Estate Regulatory Authority
RERA Registration Number
PBRERA-PTL65-PM0106
Explore the Neighborhood
Use the map to explore nearby schools, hospitals, and restaurants by clicking the respective buttons. Click on any marker to view the distance from the project.
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PARSVNATH DEVELOPERS LIMITED
- No of Complaints: Not Available
- States (Active in): Delhi, Haryana, Madhya Pradesh, National Capital Territory Of Delhi, Nct Of Delhi, Nct Of Delhi & Ut Of Chandigarh, Punjab, Rajasthan, Uttar Pradesh
Introduction
Parsvnath Developers Limited is a notable player in the real estate sector of India, operating primarily in states like Uttar Pradesh, Delhi, Haryana, Rajasthan, and Punjab. However, their legal journey has been turbulent, as highlighted by the high number of complaints and the outcomes of legal cases against them. In this blog, we'll delve into the patterns observed in their legal battles and offer insights for potential buyers.
Complaint Overview
- Total Complaints Filed: 1953
- Cases Won: 134
- Cases Lost: 1819
Patterns in Lost Cases
The overwhelming number of cases lost by Parsvnath Developers Limited signifies potential issues in their operational practices. Here are some common themes identified:
- Non-Compliance with Regulations: Many cases were dismissed or lost due to the builder's failure to comply with statutory obligations under the Real Estate (Regulation and Development) Act. For example, multiple appeals were dismissed because of non-compliance with required legal provisions, particularly regarding documentation and the timely furnishing of progress reports.
- Delayed Possession and Project Completion: A significant proportion of complaints revolve around delayed possession and the non-completion of projects. Customers consistently sought refunds and compensation for delays that extended beyond the agreed-upon timeline.
- Failure to Honor Financial Obligations: Many cases addressed issues related to the non-payment of assured returns and refunds. Complaints frequently outlined that despite substantial payments made by customers, the builder failed to fulfill obligations such as returning deposits or providing possession.
- Poor Communication and Customer Service: Complainants often cited a lack of communication regarding project statuses and delays, leading to a breakdown of trust.
Patterns in Won Cases
In contrast, the limited number of cases won by Parsvnath Developers Limited suggest instances where:
- Compliance and Documentation were Adequate: In cases where the builder successfully defended their position, it was often found that proper documentation and compliance with purchase agreements were in place.
- Delivered Projects in Good Faith: Some decisions favored the builder when it … Read more
