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King City Extension - 2
Rajpura, Patiala, Punjab
PARSVNATH DEVELOPERS LIMITED
King City Extension - 2 is a premier residential plotted development located in the serene locality of Village Dharia KM 216, along the bustling G T Road Shambhu Rajpura in Patiala, Punjab. 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 40.425 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 the nearby Ambala railway station and Shambhu toll plaza, ensuring convenience for residents. The landscape is characterized by tree-lined avenues, manicured greenery, and parks for children to play, promoting a healthy and active community.
Key features of King City Extension - 2 include:
- A well-planned township with a focus on community living.
- Proximity to key infrastructure such as roads, railways, and public transport hubs.
- Adequate water supply and provision for a sewage treatment plant to ensure a sustainable living environment.
- Ample parking space and internal infrastructure that supports a modern lifestyle.
This project is not just about plots; it’s about creating a vibrant community where families can thrive. With Parsvnath Developers at the helm, residents can expect quality construction and timely delivery, making King City Extension - 2 a promising investment opportunity in the growing real estate market of Patiala.
What is King City Extension - 2?
King City Extension - 2 is a residential plotted development located in Village Dharia KM 216, Patiala, designed for modern living in a natural setting.
What are the key features of the project?
The project features a well-planned township with tree-lined avenues, parks, and essential amenities such as water supply and sewage treatment.
How accessible is the project?
The project is strategically located with easy access to the Ambala railway station and Shambhu toll plaza, ensuring convenient connectivity.
Is King City Extension - 2 a good investment opportunity?
Yes, with Parsvnath Developers involved, the project promises quality construction and timely delivery, making it a promising investment in the growing Patiala real estate market.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2020
- Project Span: 40.425 Acres
- No of Towers:
- Total No of Units: 71
- Total Floors:
- Project Density:
Location & Builder
- Project Name: King City Extension - 2
- Address: Village Dharia Km 216, G T Road Shambhu Rajpura, Patiala, Punjab
- Sector: Village Dharia Km 216, G T Road Shambhu
- Locality: Rajpura
- City: Patiala, Punjab
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Punjab Real Estate Regulatory Authority
RERA Registration Number
PBRERA-PTL65-PM0108
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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
