Paras Residency is a premier residential project located in the serene neighborhood of Patrapada, Bhubaneswar. Developed by Evos Buildcon Pvt. Ltd., this project offers a blend of modern living and traditional charm. The project features meticulously designed 1 BHK apartments that cater to the needs of families seeking a cozy and comfortable lifestyle.

The apartments are spacious, with an area of 502 Sq.mtr, providing ample room for furnishings and personal touches. Each unit is equipped with essential amenities, ensuring a convenient living experience. The project emphasizes community living with a focus on safety and sustainability.

Key features of Paras Residency include:
- **Proximity to key landmarks**: The project is strategically located near major educational institutions, healthcare facilities, and shopping centers, making it an ideal choice for families.
- **Modern infrastructure**: The project is equipped with essential facilities, including a reliable power backup system and CCTV surveillance, ensuring resident safety and comfort.
- **Lush green surroundings**: The project is set in a tranquil environment, providing residents with access to green spaces and recreational areas.

Investing in Paras Residency not only offers a beautiful home but also a promising opportunity for future growth in one of Bhubaneswar's most sought-after locales.

Frequently Asked Questions

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

What is Paras Residency?

Paras Residency is a residential project located in Patrapada, Bhubaneswar, offering 1 BHK apartments designed for modern living.

What amenities are provided in the project?

The project includes essential amenities such as a power backup system and CCTV surveillance for resident safety.

What are the nearby facilities?

Paras Residency is close to major educational institutions, healthcare facilities, and shopping centers.

How safe is the location?

The project is designed with safety in mind, featuring CCTV surveillance and a reliable power backup system.

Is this a good investment opportunity?

Yes, investing in Paras Residency offers a promising opportunity for future growth in a prime Bhubaneswar locality.

Basic Information

  • Price Range:
  • Property Type: Apartment
  • Flat Type: 1 BHK
  • Project Status: Ready To Move

Project Details

  • Possession Date: Quarter 1 2019
  • Project Span:
  • No of Towers:
  • Total No of Units: 1
  • Total Floors:
  • Project Density:

Location & Builder

  • Project Name: Paras Residency
  • Address: Patrapada, Bhubaneswar, Odisha
  • Sector: Others
  • Locality: Patrapada
  • City: Bhubaneswar, Odisha
  • Builder: EVOS BUILDCON PRIVATE LIMITED

RERA Authority

Odisha Real Estate Regulatory Authority

RERA Registration Number

RP/19/2018/00056

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builder logo

EVOS BUILDCON PRIVATE LIMITED

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

Introduction

In the realm of real estate, builders play a crucial role in turning dreams of homeownership into reality. However, potential buyers must conduct due diligence when selecting a builder, as not all companies uphold their commitments. Evos Buildcon Private Limited, operating in Odisha, has encountered significant legal hurdles that warrant attention. In this blog post, we will analyze the builder's legal history, explore patterns in their legal cases, and offer insights for potential buyers considering their projects.

Legal Case Overview

Evos Buildcon Private Limited has faced a total of two legal complaints, both of which they lost. This indicates a concerning trend for prospective clients. The details of the legal cases against Evos Buildcon are as follows:

  1. Case 1:
    - Appellant Claim: The complainant sought a refund of Rs. 35,10,576/- for not receiving a plot as per the agreement.
    - Respondent Claim: The builder contended that they had already paid the complainant and claimed there were no further dues.
    - Verdict: The authority directed Evos Buildcon to return Rs. 12,57,521/- along with interest at 9.50% per annum compounded quarterly.
  2. Case 2:
    - Appellant Claim: The complainant sought a refund of Rs. 10,26,500 and compensation.
    - Respondent Claim: The response indicated that the amount had already been paid to the complainant and her husband.
    - Verdict: The authority upheld the complainant's claim, directing the builders to return Rs. 7,56,000 with interest at 9.50% per annum.

Analyzing the Builder's Legal Performance

Common Patterns in Lost Cases

  1. Refund Claims: Both cases revolved around claims for refunds, indicating that there may be issues related to fulfilling contractual obligations and delivering on promised properties.
  2. Financial Disputes: The builder frequently argues that payments have already been received, suggesting a lack of clarity or a breakdown in communication regarding financial transactions.
  3. Lack of Fulfilling Agreements: In both cases, failure to provide the agreed-upon plots led to grievances, highlighting a possible trend of … Read more

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