Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Lotus Mall
Bardoli, Surat, Gujarat
AAKAR DEVELOPERS
Lotus Mall is a premier retail space located in the bustling area of Bardoli, Surat. This project is designed to cater to the modern lifestyle, offering a vibrant shopping experience with a variety of stores and amenities. The project spans a total area of 6,560 square meters, ensuring ample space for both shoppers and retailers. The design emphasizes open layouts and natural lighting, creating an inviting atmosphere for visitors.
The project is strategically located to provide easy access and visibility, making it an ideal choice for businesses looking to reach a large customer base. With a focus on sustainability, Lotus Mall incorporates energy-efficient systems and waste management practices, ensuring a minimal environmental footprint.
Residents and visitors can enjoy a range of facilities, including parking spaces, food courts, and recreational areas, enhancing the overall experience. The project is set to be ready for possession by Quarter 2 of 2024, making it a timely investment opportunity for those looking to establish their business in a thriving area.
What is Lotus Mall?
Lotus Mall is a retail space located in Bardoli, Surat, designed for modern shopping and lifestyle experiences.
What is the size of the project?
The project spans a total area of 6,560 square meters.
What infrastructure features does Lotus Mall offer?
Lotus Mall includes energy-efficient systems and waste management practices for sustainability.
What amenities are available at Lotus Mall?
Amenities include parking spaces, food courts, and recreational areas.
Why is the location important for businesses?
The location provides easy access and visibility, making it ideal for businesses.
When is the project expected to be ready for possession?
Lotus Mall is expected to be ready for possession by Quarter 2 of 2024.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: New Launch
Project Details
- Possession Date: Quarter 2 2024
- Project Span: 6,560 Sq Mts
- No of Towers: 1
- Total No of Units: 157
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Lotus Mall
- Address: Bardoli, Surat, Gujarat, Gujarat
- Sector: Others
- Locality: Bardoli
- City: Surat, Gujarat
- Builder: AAKAR DEVELOPERS
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/SURAT/BARDOLI/Others/CAA09859/280222
Project
Neighborhood
Project Video
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AAKAR DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
Aakar Developers, operating primarily in Gujarat, has a notable history in the real estate sector that is marred by an unsatisfactory number of complaints and legal losses. As potential buyers consider engaging with this builder, it's essential to analyze their track record to make an informed decision.
Overview of Legal Cases Against Aakar Developers
Complaints & Litigation Summary：- Number of Complaints: 3
- Cases Won: 0
- Cases Lost: 3
Details of Lost Cases:
- Aakar Developers faced a significant accusation regarding their inability to submit crucial compliance documents and financial reports. The appellants highlighted various reasons for this failure, including technical challenges and resource limitations. However, the authority ruled against Aakar Developers, emphasizing their non-compliance with regulatory standards. Consequently, they were mandated to respond and incur a penalty within a specified timeframe.
Details of Won Cases:
- In two different instances, Aakar Developers was able to partially defend against complaints regarding construction delays and non-registration of a shop. The authority ruled that the claims had merit but directed actions that somewhat mitigated the impact on Aakar Developers.
- In another instance, despite their defense of being unaware of the RERA law, Aakar Developers was fined for delaying quarterly report submissions, indicating a lack of compliance awareness.
Analyzing the Patterns in Legal Cases
Cases Lost:The common thread across the lost cases is a clear failure to meet regulatory requirements. Aakar Developers struggled with timely submissions and compliance reporting, generating significant penalties and damaged reputations.
Cases Won:In contrast, the cases Aakar Developers won or had favorable outcomes were tied to claims of payment disputes or lack of intention to violate regulations. The authority acknowledged some degree of merit in the complaints but did not hold Aakar Developers solely responsible. This suggests that while issues exist, the somewhat credible defense may have influenced the outcomes favorably in these particular cases.
Conclusion: Overall Assessment of Aakar Developers
The track record of Aakar Developers … Read more
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