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King City Extension - 4
Village Dharia Km 216, G T Road Shambhu Rajpura Dudhan Kalan, Patiala, Punjab
PARSVNATH DEVELOPERS LIMITED
King City Extension - 4 is a promising residential plotted development located in the serene Village Dharia KM 216, along the bustling G T Road Shambhu Rajpura Dudhan Kalan 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 and investors alike. The project spans over 2.97 acres and features 95 residential plots, providing ample space for future homes.
The location is strategically chosen for its accessibility to major highways and proximity to essential amenities such as schools, hospitals, and shopping centers. Residents will enjoy the benefits of a well-connected community with easy access to urban conveniences.
The project is currently under construction, with an expected possession date in Quarter 2 of 2020. This timeline allows potential buyers to plan their future living arrangements in a vibrant neighborhood.
Parsvnath Developers, the promoter behind this project, is a reputable name in the real estate sector with a history of delivering quality projects. Their commitment to sustainable living is reflected in the planned infrastructure, which includes provisions for a sewage treatment plant, rainwater harvesting, and energy-efficient systems.
Investing in King City Extension - 4 not only secures a place in a growing community but also promises a lifestyle enriched with comfort and convenience.
What is King City Extension - 4?
King City Extension - 4 is a residential plotted development located in Village Dharia KM 216, Patiala, offering 95 residential plots for future homes.
What is the size of the project?
The project spans over 2.97 acres and includes 95 residential plots.
When is the expected possession date?
The expected possession date for King City Extension - 4 is in Quarter 2 of 2020.
How accessible is the location?
The project is strategically located along G T Road, ensuring easy access to major highways and urban amenities.
What are the nearby facilities?
Residents will be close to schools, hospitals, shopping centers, and other essential services.
Who is the promoter?
Parsvnath Developers is the promoter behind King City Extension - 4, a reputable name in the real estate sector.
What infrastructure is planned?
The project includes provisions for a sewage treatment plant, rainwater harvesting, and energy-efficient systems.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2020
- Project Span: 2.97 Acres
- No of Towers:
- Total No of Units: 95
- Total Floors:
- Project Density:
Location & Builder
- Project Name: King City Extension - 4
- Address: Village Dharia Km 216, G T Road Shambhu Rajpura Dudhan Kalan, Patiala, Punjab
- Sector: Others
- Locality: Village Dharia Km 216, G T Road Shambhu Rajpura Dudhan Kalan
- City: Patiala, Punjab
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Punjab Real Estate Regulatory Authority
RERA Registration Number
PBRERA-PTL65-PM0109
Project
Neighborhood
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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
