Frequently Asked Questions
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Paavan Residency
Others, Ahmedabad, Gujarat
KRISHNA DEVELOPERS
PAAVAN RESIDENCY is a promising residential project located in Ahmedabad, designed to offer a blend of modern living and affordability. The project features a total of 147 residential units, with a focus on 2 BHK configurations that cater to the needs of families and individuals alike. The average carpet area of the units ranges from 47.92 to 53.68 square meters, providing ample space for comfortable living.
The project is strategically situated in a well-connected area, ensuring easy access to essential amenities such as schools, hospitals, and shopping centers. Residents will enjoy a serene environment while being close to the bustling city life. PAAVAN RESIDENCY emphasizes sustainable living with features such as rainwater harvesting systems and energy-efficient lighting.
The project is currently under construction, with an expected possession date in the fourth quarter of 2024. This timeline allows potential buyers to plan their move accordingly, making it an ideal opportunity for those looking to invest in a developing area. With a focus on quality construction and modern amenities, PAAVAN RESIDENCY is set to become a sought-after address in Ahmedabad.
What is PAAVAN RESIDENCY?
PAAVAN RESIDENCY is a residential project located in Ahmedabad, offering 2 BHK apartments designed for modern living.
What is the size range of the units?
The units range from 47.92 to 53.68 square meters in carpet area.
Where is the project located?
The project is located in Suray No 16, FP-42, TP-75, Ahmedabad.
What amenities are nearby?
The project is close to schools, hospitals, and shopping centers, ensuring convenience for residents.
When is the expected possession date?
The expected possession date is in Quarter 4 of 2024.
Is this a good investment opportunity?
Yes, with its strategic location and modern amenities, PAAVAN RESIDENCY presents a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 2 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2024
- Project Span: 3.035 Acres
- No of Towers: 3
- Total No of Units: 147
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Paavan Residency
- Address: Suray No 16, Fp-42, Tp-75, Ahmedabad, Gujarat
- Sector: Others
- Locality: Others
- City: Ahmedabad, Gujarat
- Builder: KRISHNA DEVELOPERS
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA06124/300919
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KRISHNA DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat, Maharashtra
Introduction
In the landscape of real estate development, buyers aspire to find trustworthy builders who honor their commitments and deliver quality projects on time. Krishna Developers, a builder operating in the states of Gujarat and Maharashtra, presents a case worth examining, particularly regarding their legal standing and customer satisfaction.
Legal Standing of Krishna Developers
Krishna Developers currently faces six complaints, all of which have not favored the builder, leading to a total loss of six cases. The nature of complaints against them revolves primarily around regulatory compliance, particularly in relation to the Real Estate (Regulation and Development) Act of 2016. The consistent loss in legal battles raises concerns about the builder’s credibility and operational transparency.
Summary of Legal Cases
In the complaints filed against Krishna Developers, the verdicts depict a pattern where they have repeatedly failed to comply with statutory requirements. Here are the key details:
- Non-Submission of Audit Reports: The Gujarat Real Estate Regulatory Authority held Krishna Developers accountable for not submitting the annual audit report for the project 'Setu Heights' on time, resulting in a Rs. 40,000 fine.
- Violations of Advertisement Regulations: The builder faced multiple sanctions for not including their RERA registration number and website in the project advertisements. These cases resulted in fines of Rs. 1,25,000 and Rs. 10,000.
- Withdrawal of Complaints: Some cases were marked as withdrawn, indicating that not all issues may have not reached a verdict due to incompletion or resolution outside the court.
- Delay Condonation: In other instances, delays in project timelines have been acknowledged, with clarifications that costs would be incurred for condoning such delays. In two separate cases, the builder agreed to condone delays upon payment of Rs. 1,500 in costs.
Patterns in Legal Challenges
Common Factors in Lost Cases
- Regulatory Non-compliance: The majority of cases against Krishna Developers revolve around failing to adhere to the RERA guidelines, highlighting a critical gap … Read more
