Frequently Asked Questions
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Millennium Plaza
Nikol, Ahmedabad, Gujarat
MARUTI CORPORATION
MILLENNIUM PLAZA is a premier commercial project located in the heart of Ahmedabad, specifically in the Nikol area. This project is designed to cater to the growing demand for modern retail and office spaces, ensuring a vibrant business environment. The project spans 0.80 acres and features a total of 25 units, ranging from shops to offices, designed to meet the diverse needs of businesses.
The project emphasizes modern infrastructure and sustainability, with advanced systems for energy management, including LED lighting and timer control panels to ensure energy efficiency. The development also includes comprehensive fire safety measures to ensure the safety of all occupants.
Strategically located, MILLENNIUM PLAZA offers excellent connectivity to major roads and highways, making it easily accessible for both customers and businesses. The project is surrounded by residential areas, ensuring a steady flow of potential customers, making it an ideal investment for businesses looking to thrive in a bustling city.
With its contemporary design and functional layout, MILLENNIUM PLAZA is poised to become a landmark in Ahmedabad's commercial landscape, offering a perfect blend of business and lifestyle opportunities.
What is MILLENNIUM PLAZA?
MILLENNIUM PLAZA is a premier commercial project located in Nikol, Ahmedabad, designed for modern retail and office spaces.
What types of units are available?
The project offers a total of 25 units, including shops and offices, catering to diverse business needs.
What infrastructure is integrated into the project?
The project features modern infrastructure with energy management systems, including LED lighting and fire safety measures.
How accessible is MILLENNIUM PLAZA?
The project is strategically located with excellent connectivity to major roads and highways, making it easily accessible.
Is MILLENNIUM PLAZA a good investment?
Yes, with its prime location and modern amenities, MILLENNIUM PLAZA presents a strong investment opportunity for businesses.
Basic Information
- Price Range:
- Property Type: Office Space-Commercial/Mall
- Flat Type:
- Project Status: New Launch
Project Details
- Possession Date: Quarter 2 2024
- Project Span: 0.80 Acres
- No of Towers: 1
- Total No of Units: 25
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Millennium Plaza
- Address: Ahmedabad City, Nikol, Ahmedabad, Gujarat
- Sector: Others
- Locality: Nikol
- City: Ahmedabad, Gujarat
- Builder: MARUTI CORPORATION
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/CAA08137/030321
Project
Neighborhood
Project Video
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MARUTI CORPORATION
- No of Complaints: Not Available
- States (Active in): Gujarat
Overview of Maruti Corporation
Maruti Corporation is a builder operating in Gujarat, with a focus on residential projects. While they have made contributions to the real estate market, their legal history raises concerns that potential buyers should consider.
Legal History
Maruti Corporation has faced one formal complaint, resulting in a legal case that they ultimately lost. The case revolved around the failure to register agreements for sale, which is a critical legal requirement in property transactions.
Case Details
In the legal proceedings, Maruti Corporation claimed to have sold 31 units and collected more than 10% of the total cost from several buyers. However, the Gujarat Real Estate Regulatory Authority (GERAA) determined that the company had not registered these agreements for sale, violating statutory obligations.
The authority found that:
- Maruti Corporation collected deposits without proper registration.
- This misstep resulted in a legal dispute, where the builder acknowledged their failure to comply with the legal standards required for real estate transactions in Gujarat.
Patterns in Legal Cases
Lost Cases
The single case that Maruti Corporation lost indicates a significant compliance issue. The theme across this encounter emphasizes non-compliance with regulatory standards—specifically, the failure to register sale agreements, which serves as protection for both the buyer and seller in a property transaction.
Won Cases
As there are no cases won by Maruti Corporation to highlight, it’s clear that potential buyers should approach this builder with caution, given their track record of compliance issues.
Conclusion: Assessment of Maruti Corporation
Based on the provided data, Maruti Corporation’s legal challenges suggest a lack of adherence to important regulatory protocols in the real estate market. The single complaint leading to a lost case signifies the potential for further legal complications, which could affect the security of investments made with this builder.
Tips for Potential Buyers
- Do Your Research: Investigate the builder's legal history. Understanding past issues can provide insights into their reliability and compliance … Read more
