Frequently Asked Questions
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Olive Celestina
Tourist Bungalow Road, Kottayam, Kerala
OLIVE BUILDERS & DEVELOPERS PRIVATE LIMITED
Olive Celestina is a premier mixed-use development located in the heart of Kottayam, Kerala. This project showcases a perfect blend of residential and commercial spaces, designed to cater to the modern lifestyle. The development features a variety of units including 2BHK and 3BHK apartments, shops, and showrooms, along with luxurious penthouses that offer breathtaking views of the surrounding area.
The project is strategically situated on Tourist Banglow Road, providing easy access to major tourist attractions, educational institutions, and healthcare facilities. Residents can enjoy a serene environment while being well-connected to the bustling city life.
Olive Celestina is committed to sustainability and modern infrastructure, featuring a centralized sewage treatment plant (STP) for effective waste management, rainwater harvesting systems for water conservation, and energy-efficient LED lighting throughout the premises. The project also includes comprehensive fire safety systems to ensure the safety of all residents.
With a total of 76 units, Olive Celestina offers a vibrant community atmosphere, making it an ideal choice for families and businesses alike. The project is designed to provide a lifestyle of comfort and convenience, making it a valuable investment opportunity in one of Kerala's most sought-after locations.
What is Olive Celestina?
Olive Celestina is a mixed-use development in Kottayam, Kerala, offering residential units (2BHK and 3BHK apartments), commercial spaces (shops and showrooms), and luxurious penthouses.
What types of units are available?
The project features 2BHK and 3BHK apartments, shops, showrooms, and penthouses, catering to diverse living and business needs.
What infrastructure is integrated into the project?
Olive Celestina includes a centralized sewage treatment plant (STP) for waste management, rainwater harvesting systems for water conservation, and energy-efficient LED lighting.
What amenities are offered at Olive Celestina?
The project features modern amenities including a fire safety system, landscaped areas, and recreational facilities.
How is the location of Olive Celestina beneficial?
Located on Tourist Banglow Road, Olive Celestina offers easy access to tourist spots, educational institutions, and healthcare facilities, making it a prime location.
Is Olive Celestina a good investment opportunity?
Yes, with its strategic location, modern amenities, and diverse unit options, Olive Celestina presents a valuable investment opportunity in Kerala.
Basic Information
- Price Range:
- Property Type: Mixed Development
- Flat Type: 2BHK, 3BHK, Shops and Showrooms, Penthouse
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 4 2021
- Project Span: 4145 Sqmts
- No of Towers:
- Total No of Units: 76
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Olive Celestina
- Address: Kottayam, Tourist Banglow Road Kerala, Kerala
- Sector: Others
- Locality: Tourist Bungalow Road
- City: Kottayam, Kerala
- Builder: OLIVE BUILDERS & DEVELOPERS PRIVATE LIMITED
RERA Authority
RERA Registration Number
K-RERA/PRJ/143/2021
Project
Neighborhood
Project Video
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OLIVE BUILDERS & DEVELOPERS PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Kerala
Introduction
Olive Builders & Developers Private Limited is a construction company based in Kerala that has garnered attention for its residential and commercial projects. In this blog post, we’ll delve into the builder's complaint history and legal standing, which can provide valuable insights for potential buyers.
Legal Case Overview
Complaints and Verdicts
According to the provided data, Olive Builders & Developers has been involved in a singular legal complaint with the outcome being that the builder lost the case. Here’s a brief summary of the case:
- Nature of Complaint: The complainant sought to withdraw the case based on the conditions laid out in a Memorandum of Understanding dated 15/07/2021.
- Builder’s Position: The builder acknowledged the execution of the Memorandum of Understanding.
- Final Ruling: The complaint was dismissed as withdrawn, contingent on the terms of the aforementioned Memorandum.
Analysis of Cases
Patterns in Cases Lost
- The single case lost indicates potential vulnerabilities in contractual agreements or the execution of project terms. The withdrawal of the complaint suggests that while the builder may not have won in court, there might have been negotiations involved that indicated the willingness to address concerns post-filing.
Patterns in Cases Won
- Olive Builders & Developers has recorded one case where the complainant withdrew their complaint. This outcome highlights the importance of understanding the terms in Memoranda of Understanding and signifies that the builder may be open to resolving disputes amicably. However, since this case was withdrawn and not truly won, it suggests a lack of conclusive victories in a more contentious setting.
Conclusion
Based on the provided data, Olive Builders & Developers Private Limited has a minimal legal history, with one complaint leading to a withdrawal rather than a favorable ruling. This history may reflect certain operational practices that potential buyers should consider before making a commitment.
Tips for Potential Buyers
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