Padmavati Prime is a promising residential project located in the serene locality of Magarkheda, Indore. This project is designed to offer a harmonious blend of modern living and natural beauty, making it an ideal choice for families and individuals seeking a peaceful yet connected lifestyle. The project spans a significant area, providing ample space for residential plots that cater to diverse needs.

The project is strategically located, ensuring easy access to essential amenities such as schools, hospitals, shopping centers, and public transport. Residents will enjoy the benefits of living in a well-planned community with green spaces and recreational areas, promoting a healthy and active lifestyle.

Padmavati Prime is not just about location; it focuses on quality construction and sustainable living. The project is equipped with modern infrastructure, ensuring that residents enjoy a comfortable and convenient living experience. The development is ongoing, with possession expected in the second quarter of 2025, making it a great investment opportunity for those looking to secure their future in Indore's growing real estate market.

Investing in Padmavati Prime not only means acquiring a plot in a prime location but also becoming part of a community that values quality living and sustainable development. The project is designed to appreciate in value over time, making it a wise decision for both current and future residents.

Frequently Asked Questions

Explore our list of frequently asked questions to find answers to common inquiries about this project.

What is Padmavati Prime?

Padmavati Prime is a residential project located in Magarkheda, Indore, offering a variety of residential plots designed for modern living.

What is the expected possession date?

The expected possession date for Padmavati Prime is in Quarter 2 of 2025.

Where is Padmavati Prime located?

The project is located in Magarkheda, a serene locality in Indore, providing easy access to essential amenities.

What amenities are available nearby?

Nearby amenities include schools, hospitals, shopping centers, and public transport, ensuring convenience for residents.

Is Padmavati Prime a good investment?

Yes, investing in Padmavati Prime offers great potential for appreciation in value due to its prime location and quality construction.

Basic Information

  • Price Range:
  • Property Type: Residential Plot
  • Flat Type:
  • Project Status: Under Construction

Project Details

  • Possession Date: Quarter 2 2025
  • Project Span:
  • No of Towers:
  • Total No of Units: 200+
  • Total Floors:
  • Project Density:

Location & Builder

  • Project Name: Padmavati Prime
  • Address: Indore, Magarkheda, Mp
  • Sector: Others
  • Locality: Magarkheda
  • City: Indore, Madhyapradesh
  • Builder: SHRI BALAJI DEVELOPERS

RERA Authority

RERA Registration Number

P-IND-22-3510

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SHRI BALAJI DEVELOPERS

  • No of Complaints: Not Available
  • States (Active in): Chhattisgarh

Introduction

In the real estate market, the reputation and track record of builders can greatly influence buyers' decisions. Today, we will delve into the case history of SHRI BALAJI DEVELOPERS, a builder active in Chhattisgarh. By analyzing their legal disputes, we aim to provide potential buyers with insights and advice that can assist them in making informed choices.

Overview of SHRI BALAJI DEVELOPERS

SHRI BALAJI DEVELOPERS has garnered a reputation in the real estate sector, with one notable complaint filed against them. Our analysis focuses on this single legal case, examining the outcomes and any implications it may have for interested buyers.

Legal Case Details

SHRI BALAJI DEVELOPERS faced one legal case, which they ultimately lost. This dispute stemmed from claims that they had violated provisions of the Real Estate (Regulation and Development) Act, 2016, specifically regarding the completion certificate for their project known as 'Luxora & Edge'. The appellant alleged that the builder failed to submit this essential documentation, while the builder contended that the project was completed and the certificate had been issued by the necessary authority.

Summary of the Case:

  • Appellant's Claim: Violation of the Real Estate (Regulation and Development) Act due to the non-submission of the completion certificate.
  • Respondent's Claim: The completion certificate was validly received from the competent authority on 30.09.2027.
  • Final Verdict: The Authority imposed a penalty of Rs. 4,000 on SHRI BALAJI DEVELOPERS, cautioning them against future violations.

Patterns in Case Outcomes

  • Cases Lost: The loss in this case illustrates a potential issue regarding compliance with legal regulations and documentation. Buyers should be aware that the failure to provide necessary certificates can lead to legal challenges and penalties.
  • Cases Won: SHRI BALAJI DEVELOPERS has not won any cases, indicating a trend that might warrant concern for potential buyers, as it suggests challenges in resolving disputes favorably for themselves.

Conclusion

Overall, the data on SHRI BALAJI DEVELOPERS presents … Read more

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