Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Paramount Pearl
Borough-X, Kolkata, Bengal
PARAMOUNT CONSTRUCTION
PARAMOUNT PEARL is an upcoming residential and commercial project located in the heart of Kolkata, specifically in Ward No-93, Borough-X. This project is designed to offer a blend of modern living and convenience, featuring a total of 7 units across various configurations, including 2 BHK and 3 BHK apartments. The project is strategically positioned to provide easy access to essential amenities such as schools, hospitals, and shopping centers, making it an ideal choice for families and professionals alike.
The project is set to be completed by Quarter 2 of 2028, ensuring that residents can enjoy a fully furnished and ready-to-move-in experience. The design emphasizes spacious layouts, contemporary finishes, and ample natural light, creating a welcoming atmosphere for all residents.
In terms of infrastructure, PARAMOUNT PEARL is committed to providing a sustainable and eco-friendly living environment. The project will feature advanced systems for water conservation, energy management, and waste management, ensuring a minimal carbon footprint. Residents can expect a well-planned community with green spaces, recreational areas, and essential services.
The project is also designed with safety in mind, incorporating comprehensive fire safety systems and emergency evacuation protocols. Additionally, residents will have access to a range of amenities, including landscaped gardens, children's play areas, and dedicated parking spaces.
Investing in PARAMOUNT PEARL not only offers a luxurious lifestyle but also promises excellent potential for appreciation in value, given its prime location and the ongoing development in the surrounding area. This project is poised to become a landmark in Kolkata, making it a perfect choice for homebuyers and investors looking for a blend of comfort and convenience.
What is PARAMOUNT PEARL?
PARAMOUNT PEARL is a residential and commercial project located in Ward No-93, Borough-X, Kolkata, offering 2 BHK and 3 BHK apartments.
What is the expected possession date?
The expected possession date for PARAMOUNT PEARL is Quarter 2 of 2028.
What infrastructure features will the project have?
The project will include advanced systems for water conservation, energy management, and waste management, ensuring a sustainable living environment.
What amenities are available in PARAMOUNT PEARL?
Residents will have access to landscaped gardens, children's play areas, and dedicated parking spaces.
What are the location benefits of PARAMOUNT PEARL?
The project is strategically located near schools, hospitals, and shopping centers, providing convenience for families and professionals.
Is PARAMOUNT PEARL a good investment?
Yes, investing in PARAMOUNT PEARL offers excellent potential for appreciation in value due to its prime location and ongoing development in the area.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall + Food Court Space
- Flat Type: 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2028
- Project Span:
- No of Towers: 1
- Total No of Units: 7
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Paramount Pearl
- Address: Ward No-93, Borough-X, Kolkata, Bengal
- Sector: Ward No-93
- Locality: Borough-X
- City: Kolkata, Bengal
- Builder: PARAMOUNT CONSTRUCTION
RERA Authority
West Bengal Real Estate Regulatory Authority
RERA Registration Number
WBRERA/P/KOL/2023/000743
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PARAMOUNT CONSTRUCTION
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
In the competitive world of real estate, transparency and trust are paramount for both builders and buyers. Today, we turn our focus to Paramount Construction, a builder operating in Gujarat, India. Despite its commitment to development, the company has faced legal challenges that call its operational practices into question. In this detailed analysis, we will examine the builder's legal record, identify patterns in their complaints, and provide insights for potential buyers.
Legal Record and Details
Paramount Construction has faced a total of one complaint, which underscores the small number of projects they've undertaken or perhaps their overall success rate in maintaining customer satisfaction. Unfortunately, all of this single case resulted in a loss for the builder. Here’s a closer look:
- Legal Case Summary:
- Claim by Paramount Construction: The builder claimed they did not intentionally violate the RERA Act and that the units were sold on conditional terms.
- Claim by Respondent: The Gujarat Real Estate Regulatory Authority (RERA) argued that Paramount Construction had contravened Section 13(1) of the RERA Act by accepting more than 10% of the sale deed amount from unit holders without registering the sale agreements properly.
- Final Verdict: The ruling found Paramount Construction guilty of the alleged violations, leading to a penalty of Rs. 15,000.
Analysis of Patterns
Lost Cases:
In the case Paramount Construction lost, a notable pattern emerges:
- Legal Compliance Issues: The primary concern was related to compliance with the RERA Act, specifically concerning the registration of agreements for sale. This indicates a potential weakness in the builder's adherence to regulatory norms.
- Financial Transactions: The case highlighted issues surrounding financial dealings, suggesting either a misunderstanding or disregard for the legal limitations on advance payments.
Won Cases:
Interestingly, there have been no cases won by Paramount Construction. This lack of successful outcomes may point towards a need for improved dispute resolution processes or possibly an adverse public … Read more
