Frequently Asked Questions
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Nature City
Dera Bassi, Mohali, Punjab
MVD BUILDWELL PRIVATE LIMITED
Nature City is a promising residential plotted development located in the serene locality of Kharar, Mohali. This project, developed by MVD Buildwell private limited, offers a total of 35 residential plots, with 5 already sold, spanning over 6.904956 acres. The project is designed to provide a harmonious blend of modern living and natural surroundings, making it an ideal choice for families and individuals looking for a peaceful yet connected lifestyle.
The project emphasizes community living with ample green spaces, including parks and landscaped areas, ensuring a refreshing environment for residents. The strategic location of Nature City ensures easy access to essential amenities such as schools, hospitals, and shopping centers, catering to the needs of modern families.
In terms of infrastructure, Nature City is committed to providing a well-planned development with essential services. The project includes provisions for drinking water, rainwater harvesting systems, and street lighting, ensuring a comfortable living experience. The development is also equipped with modern security features, ensuring the safety of all residents.
Investing in Nature City not only offers a chance to own a piece of land in a growing locality but also promises a future of sustainable living and community engagement. With the possession date set for the fourth quarter of 2022, this project is an opportunity for both homebuyers and investors to secure their place in Mohali's real estate landscape.
What is Nature City?
Nature City is a residential plotted development located in Kharar, Mohali, offering 35 residential plots designed for modern living.
What is the size of the project?
The project spans over 6.904956 acres and includes 35 residential plots.
Where is Nature City located?
Nature City is situated in Zone 2 of the Master Plan Area of Kharar, Dera Bassi, and Banur, providing easy access to essential amenities.
What are the nearby facilities?
The project is close to schools, hospitals, and shopping centers, ensuring convenience for residents.
Is Nature City a good investment?
Yes, investing in Nature City offers a chance to own land in a growing locality with potential for appreciation.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2022
- Project Span: 6.904956 Acres
- No of Towers:
- Total No of Units: 35+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Nature City
- Address: Zone 2 - Master Plan Area Of Kharar, Dera Bassi, And Banur, Mohali, Punjab
- Sector: Zone 2 - Master Plan Area Of Kharar
- Locality: Dera Bassi
- City: Mohali, Punjab
- Builder: MVD BUILDWELL PRIVATE LIMITED
RERA Authority
Punjab Real Estate Regulatory Authority
RERA Registration Number
PBRERA-SAS80-PR0620
Project
Neighborhood
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MVD BUILDWELL PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Punjab
Introduction
In the dynamic world of real estate, choosing the right builder can profoundly impact the buying experience. MVD Buildwell Private Limited is a builder operating primarily in Punjab. However, upon closer examination of their legal background, potential buyers may uncover significant insights into the company's operational practices and legal obligations.
Legal Case Overview
MVD Buildwell Private Limited has been involved in two notable legal cases:
- Refund Claim for Delay in Possession
- Appellant Claim: The buyer sought a refund of the amount deposited for their apartment, citing delays in possession.
- Respondent Claim: The builder argued that the complainant’s delay in payment had caused the project delay, thus negating the request for a refund.
- Final Verdict: The court ruled in favor of the buyer, mandating a refund along with interest as specified in Section 18 of the Real Estate Act.
- Withdrawn Complaint
- Appellant Claim: Details were not provided.
- Respondent Claim: Not available.
- Final Verdict: The complaint was withdrawn, granting liberty to file a fresh case.
Analysis of Legal Cases
Cases Lost
MVD Buildwell Private Limited has not won any cases, with the two complaints resulting in unfavorable outcomes for the builder:
- The first case highlights a significant issue with timely possession, showcasing a breach of trust that can severely affect customer satisfaction. The ruling demonstrates that the builder's justification related to delays in payment was insufficient in the eyes of the law.
- The second case reflects a lack of transparency, as no claims or details were provided, leading to the withdrawal of the complaint. This gap raises questions about the builder's communication practices with clients.
Cases Won
Although the builder has technically 'won' in the context of two cases, these are subject to interpretation:
- The first case serves as a reminder of the seriousness of delayed possessions and indicates a legal system that favors buyer rights in real estate transactions. The outcome suggests a risk for the builder in similar … Read more
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