Frequently Asked Questions
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Param Suvarnvastu
Others, Aurangabad, Maharashtra
PARAM DEVELOPERS
PARAM SUVARNVASTU is a premier 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 spans over 10.5 acres and features a total of 780 units, including 2 BHK and 3 BHK apartments, ensuring a variety of options to suit different needs.
The project emphasizes sustainable living with features such as rainwater harvesting systems and energy-efficient designs. Residents can enjoy a range of amenities including landscaped gardens, children's play areas, and community spaces that foster a sense of community and well-being.
Aurangabad is a city rich in history and culture, with Param Suvarnvastu located in close proximity to major educational institutions, healthcare facilities, and shopping centers. The project is strategically located to provide easy access to key roads and public transport, making commuting convenient for residents.
Investing in Param Suvarnvastu not only means acquiring a home in a beautiful setting but also securing a future in a thriving city that promises growth and development. With its focus on quality living and community, Param Suvarnvastu is poised to be a landmark residential project in Aurangabad.
What is Param Suvarnvastu?
Param Suvarnvastu is a residential project located in Aurangabad, Maharashtra, offering 2 BHK and 3 BHK apartments.
What is the size range of the apartments?
The apartments range from 240 to 303 square yards.
What is the total number of units in the project?
The project comprises a total of 780 residential units.
What infrastructure features does the project include?
The project includes rainwater harvesting systems and energy-efficient designs to promote sustainable living.
How is waste managed in the project?
The project implements solid waste management systems to ensure a clean and eco-friendly environment.
What amenities are available for residents?
Residents can enjoy landscaped gardens, children's play areas, and community spaces.
What are the location benefits of Param Suvarnvastu?
The project is strategically located near major educational institutions, healthcare facilities, and shopping centers, with easy access to key roads and public transport.
Is Param Suvarnvastu a good investment?
Yes, investing in Param Suvarnvastu means securing a future in a thriving city that promises growth and development.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type: 2 BHK, 3 BHK
- Project Status: New Launch
Project Details
- Possession Date: Quarter 1 2028
- Project Span: 10.5 Acres
- No of Towers: 5
- Total No of Units: 780
- Total Floors: G+3
- Project Density:
Location & Builder
- Project Name: Param Suvarnvastu
- Address: Aurangabad, Maharashtra, Maharashtra
- Sector: Others
- Locality: Others
- City: Aurangabad, Maharashtra
- Builder: PARAM DEVELOPERS
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P51500052126
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
