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Param Suvarnayog
Others, Aurangabad, Maharashtra
PARAM DEVELOPERS
PARAM SUVARNAYOG is a promising residential project located in the heart of Aurangabad, Maharashtra. This project is designed to offer a blend of modern living and traditional charm, making it an ideal choice for families and individuals looking for a serene yet connected lifestyle. The project features a variety of apartments including 2 BHK and Bungalow units, all designed with contemporary aesthetics and functionality in mind.
The project is strategically located to provide easy access to essential amenities such as schools, hospitals, and shopping centers, ensuring that residents' needs are met without compromising on comfort. The infrastructure of the project includes well-planned internal roads, landscaping, and street lighting, contributing to a safe and welcoming environment.
Residents will benefit from a well-equipped community with recreational areas and facilities that promote a healthy lifestyle. The project is committed to sustainability and energy efficiency, incorporating features such as rainwater harvesting systems and energy management solutions.
PARAM SUVARNAYOG is not just a home; it’s a lifestyle choice that promises comfort, convenience, and community living in one of Maharashtra's most vibrant cities.
What is PARAM SUVARNAYOG?
PARAM SUVARNAYOG is a residential project located in Aurangabad, Maharashtra, offering a range of apartments including 2 BHK and Bungalow units.
What amenities are available in the project?
The project includes recreational areas, landscaping, and street lighting, ensuring a safe and welcoming environment for residents.
Where is the project located?
PARAM SUVARNAYOG is located in the city of Aurangabad, Maharashtra, providing easy access to schools, hospitals, and shopping centers.
What are the nearby facilities?
The project is close to essential facilities such as schools, hospitals, and shopping centers, making it convenient for residents.
Is PARAM SUVARNAYOG a good investment?
Yes, the project is located in a growing city with a strong demand for residential properties, making it a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 2 BHK, Bungalow
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2025
- Project Span:
- No of Towers: 2
- Total No of Units: 20
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Param Suvarnayog
- Address: Aurangabad, Maharashtra, Maharashtra
- Sector: Others
- Locality: Others
- City: Aurangabad, Maharashtra
- Builder: PARAM DEVELOPERS
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P51500026507
Project
Neighborhood
Project Video
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PARAM DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
In the bustling world of real estate, understanding a builder's reputation is essential for potential buyers. This blog post delves into Param Developers, a builder operating in Gujarat, exploring their legal standing, insights from past cases, and strategic advice for buyers considering their projects.
Overview of Param Developers
Param Developers has been mentioned in three legal complaints, of which they have won one case and lost two. This record provides valuable insights into their business practices, accountability, and reliability.
Legal Case Analysis
Cases Lost
- Total Cases Lost: 2
- Significant Case Details:
- In one notable lost case, the Gujarat Real Estate Regulatory Authority (GUJRERA) imposed a fine of Rs. 40,000 on Param Developers for failing to submit its annual report on time. This case highlights a pattern of non-compliance with regulatory requirements, which can signal potential issues in project management and accountability.
Cases Won
- Total Cases Won: 1
- Significant Case Details:
- The builder successfully defended against claims regarding the late submission of audit reports and was penalized only for missing deadlines without substantial penalties imposed on them. This indicates that while the builder may face challenges, they also have some degree of success in legal matters concerning project reporting responsibilities.
Patterns Identified:
- Common Factors in Lost Cases:
- Non-compliance with regulatory deadlines, particularly relating to annual reporting requirements, is a trend observed in the cases Param Developers has lost. Such lapses can indicate either operational weaknesses or administrative oversights that potential buyers should consider.
- Common Factors in Won Cases:
- In cases won, the builder demonstrated a degree of responsiveness a claimed unforeseen circumstances for delays. This suggests that while they can face penalties, they are aware of some regulatory expectations and can effectively engage with authorities when necessary.
Conclusion
Overall Assessment of Param Developers
While Param Developers has had a mix of legal outcomes, the record of complaints and fines points to shortcomings in meeting compliance deadlines. Although the company has … Read more
