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Msb Group Development
Koyambedu, Chennai, Tamilnadu
RADIANCE REALTY DEVELOPERS INDIA LIMITED
MSB Group Development is a premier residential project located in the heart of Chennai, specifically in the Koyambedu Village area. This project is designed to offer a blend of modern living and traditional charm, making it an ideal choice for families and individuals alike. The project features a total of 322 dwelling units, spread across three blocks, with a variety of flat types including 1 BHK and 2 BHK configurations.
The project is strategically located, providing easy access to major highways and essential amenities such as schools, hospitals, and shopping centers. Residents will enjoy a serene environment while being well-connected to the bustling city life.
MSB Group Development emphasizes sustainable living with features such as energy-efficient designs and provisions for waste management. The project is equipped with modern infrastructure, ensuring a comfortable living experience for its residents.
Key amenities include a community hall, indoor games, and landscaped gardens, promoting a healthy lifestyle. The project is set to be completed by Quarter 2 of 2024, making it a timely investment opportunity for those looking to settle in Chennai.
What is MSB Group Development?
MSB Group Development is a residential project located in Koyambedu Village, Chennai, offering a variety of flat types including 1 BHK and 2 BHK units.
What is the total number of units in the project?
The project comprises a total of 322 dwelling units.
Where is MSB Group Development located?
The project is located in Koyambedu Village, Egmore - Nungambakkam Taluk, Chennai.
What amenities are available nearby?
Residents will have easy access to schools, hospitals, shopping centers, and major highways.
What amenities are included in MSB Group Development?
The project includes a community hall, indoor games, and landscaped gardens.
When is the expected possession date?
The project is expected to be ready for possession by Quarter 2 of 2024.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2024
- Project Span:
- No of Towers: 3
- Total No of Units: 322
- Total Floors: 18
- Project Density:
Location & Builder
- Project Name: Msb Group Development
- Address: Koyambedu Village, Egmore - Nungambakkam Taluk, Chennai, Tamilnadu
- Sector: Others
- Locality: Koyambedu
- City: Chennai, Tamilnadu
- Builder: RADIANCE REALTY DEVELOPERS INDIA LIMITED
RERA Authority
RERA Registration Number
Project
Neighborhood
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RADIANCE REALTY DEVELOPERS INDIA LIMITED
- No of Complaints: Not Available
- States (Active in): Tamil Nadu
Introduction
When venturing into the real estate market, the selection of a trustworthy builder is paramount. RADIANCE REALTY DEVELOPERS INDIA LIMITED, a key player in Tamil Nadu's property scene, offers an intriguing case study for potential buyers and investors. Despite their reputation, the company has faced scrutiny in the form of complaints and legal challenges. In this blog, we will explore the builder's track record, analyze their legal disputes, and provide insights for potential homebuyers.
Company Overview
Name: RADIANCE REALTY DEVELOPERS INDIA LIMITED
Number of Complaints: 23
Cases Won: 3
Cases Lost: 20
States with Projects: Tamil Nadu
RADIANCE REALTY DEVELOPERS INDIA LIMITED has been involved in various legal cases, with a notable number of complaints lodged against them. Out of 23 complaints, they have won a mere 3 cases, while 20 cases have been lost. This disproportionate outcome raises several questions for potential buyers regarding the builder's credibility and project reliability.
Analysis of Legal Cases
Cases Lost
A deeper analysis of the cases lost by RADIANCE reveals some recurring patterns:
- Jurisdiction Issues: One notable case was dismissed due to the builder's project not being registered with the Real Estate Regulatory Authority (RERA). This highlights potential compliance issues within their project management.
- Misrepresentation of Property: Another complaint highlighted allegations of misrepresentation concerning property location and missing amenities. The builder denied these claims but ultimately did not prevail in the case.
- Management of Owners’ Association: Disputes related to the failure in managing apartment owners’ associations and document handovers also contributed to losing cases, emphasizing administrative inadequacies.
These losses suggest a foundational issue with project delivery and customer satisfaction, where legal rights and compliance are not adequately upheld from the builder's end.
Cases Won
In contrast, the builder has won a total of 3 cases, often under circumstances that point toward a lack of substantial evidence against them or resolution through amicable agreements. Common … Read more
