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Maanika Residency
Vikas Nagar, Ranchi, Jharkhand
KRISHNA CONSTRUCTIONS
Maanika Residency is a promising residential project located in the serene locality of Vikas Nagar, Ranchi. Developed by Krishna Construction, this project aims to provide a harmonious blend of modern living and natural surroundings. The project features a variety of apartments including 1 BHK, 2 BHK, and 3 BHK units, designed to cater to the diverse needs of families.
The project is strategically located, ensuring easy access to essential amenities such as schools, hospitals, and shopping centers. Residents will enjoy the benefits of a well-planned community with ample green spaces and recreational areas.
Maanika Residency is committed to sustainability and modern infrastructure, incorporating features such as energy-efficient systems and comprehensive fire safety measures. The project is designed to provide a safe and comfortable living environment, making it an ideal choice for homebuyers looking for quality living in Ranchi.
With a focus on quality construction and timely delivery, Maanika Residency promises to be a valuable investment for those seeking a home in Jharkhand's capital city.
What is Maanika Residency?
Maanika Residency is a residential project located in Vikas Nagar, Ranchi, offering a variety of apartments including 1 BHK, 2 BHK, and 3 BHK units.
What is the possession date of the project?
The expected possession date for Maanika Residency is in Quarter 2 of 2026.
What kind of infrastructure is included in the project?
The project includes energy-efficient systems and comprehensive fire safety measures to ensure a safe living environment.
What are the nearby amenities?
Maanika Residency is strategically located near schools, hospitals, and shopping centers, providing convenience for residents.
Is Maanika Residency a good investment?
Yes, with its prime location and modern amenities, Maanika Residency is a promising investment opportunity in Ranchi.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2026
- Project Span:
- No of Towers:
- Total No of Units: 12+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Maanika Residency
- Address: Vikas Nagar, Ranchi, Jharkhand, Jharkhand
- Sector: Others
- Locality: Vikas Nagar
- City: Ranchi, Jharkhand
- Builder: KRISHNA CONSTRUCTIONS
RERA Authority
Jharkhand Real Estate Regulatory Authority
RERA Registration Number
JHARERA/PROJECT/56/2024
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KRISHNA CONSTRUCTIONS
- No of Complaints: Not Available
- States (Active in): Madhya Pradesh
Introduction
In the world of real estate, the choice of builder can significantly impact your investment and overall satisfaction. One builder that has caught the attention of prospective buyers is KRISHNA CONSTRUCTIONS, which operates in Madhya Pradesh. However, before making a decision, it's essential to delve into their track record regarding customer complaints and legal disputes.
Complaints and Legal Cases
KRISHNA CONSTRUCTIONS has recorded a total of 1 complaint. The legal landscape surrounding this builder further reveals that they have lost 1 case and, notably, have not won any legal cases yet.
Detailed Case Analysis
The one case filed against KRISHNA CONSTRUCTIONS involved a dispute between an applicant and the builder.
- Appellant's Claim: The applicant contended that the builder failed to register the plot and did not return a balance sum of Rs. 4,30,000.
- Respondent's Claim: Conversely, the builder argued that the applicant did not develop the plot within the stipulated timeframe and failed to register it.
In this scenario, the authority ruled in favor of the applicant, stating that they deserved not only the return of their amount but also an interest rate of 8% per annum on the payment made until it was refunded. Additionally, they were awarded Rs. 3,000 as compensation for mental distress and other incurred expenses.
Patterns in Legal Outcomes
Cases Lost
The lost case against KRISHNA CONSTRUCTIONS highlights a recurring theme where the customer felt wronged due to alleged non-performance on the builder's part—specifically around the timely registration of plots and the return of funds. Such issues can indicate potential lapses in their operational reliability or adherence to customer commitments, which may raise red flags for future buyers.
Cases Won
Interestingly, while there are no cases that the builder has won, the case they lost shows a clear customer dissatisfaction pattern leading to legal consequences. This may serve as a cautionary tale for potential clients regarding the … Read more
