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Parsvnath City Phase-Ii
Sanwer, Indore, Madhyapradesh
PARSVNATH DEVELOPERS LIMITED
Description & FAQs
Project Overview
Parsvnath City Phase-II is an ongoing residential project located in the prime area of Sanwer, Indore. This project is designed to offer a blend of modern living and sustainable infrastructure, making it an ideal choice for families and investors alike. The project spans a significant area and includes a variety of residential plots, catering to diverse needs and preferences.
The project is strategically located, providing easy access to major roads, educational institutions, healthcare facilities, and shopping centers, ensuring that residents enjoy convenience and connectivity. The development is expected to be completed by the end of 2024, making it a timely investment opportunity.
Parsvnath City Phase-II emphasizes a community-centric approach, with ample green spaces and recreational areas planned within the project. The project is designed to foster a sense of belonging among residents, while also providing a vibrant urban lifestyle. The infrastructure is designed to support a modern lifestyle, with provisions for essential services and amenities that enhance the living experience.
Investing in Parsvnath City Phase-II not only secures a valuable asset but also places you in a thriving community that values quality living and sustainable development.
What is Parsvnath City Phase-II?
Parsvnath City Phase-II is an ongoing residential project located in Sanwer, Indore, offering a variety of residential plots designed for modern living.
What is the expected possession date?
The expected possession date for the project is in Quarter 4 of 2024.
Where is the project located?
The project is located in Sanwer, a prime area of Indore, providing easy access to major roads and essential amenities.
What are the nearby facilities?
The project is close to educational institutions, healthcare facilities, and shopping centers, ensuring convenience for residents.
Is this a good investment opportunity?
Yes, investing in Parsvnath City Phase-II secures a valuable asset in a thriving community, making it a timely opportunity.
Project Details
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Status: Under Construction
Project Scale
- Possession: Quarter 4 2024
- Span:
- Towers:
- Units: 170+
- Floors:
- Density:
Location & Builder
- Project: Parsvnath City Phase-Ii
- Address: Sanwer, Indore, Madhya Pradesh, Mp
- Sector: Others
- Locality: Sanwer
- City: Indore, Madhyapradesh
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
RERA Reg. No
P-SWR-18-1575
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About PARSVNATH DEVELOPERS LIMITED
Introduction
Parsvnath Developers Limited is a notable player in the real estate sector of India, operating primarily in states like Uttar Pradesh, Delhi, Haryana, Rajasthan, and Punjab. However, their legal journey has been turbulent, as highlighted by the high number of complaints and the outcomes of legal cases against them. In this blog, we'll delve into the patterns observed in their legal battles and offer insights for potential buyers.
Complaint Overview
- Total Complaints Filed: 1953
- Cases Won: 134
- Cases Lost: 1819
Patterns in Lost Cases
The overwhelming number of cases lost by Parsvnath Developers Limited signifies potential issues in their operational practices. Here are some common themes identified:
- Non-Compliance with Regulations: Many cases were dismissed or lost due to the builder's failure to comply with statutory obligations under the Real Estate (Regulation and Development) Act. For example, multiple appeals were dismissed because of non-compliance with required …
Buyer's Due-Diligence Guide
Serious about Parsvnath City Phase-Ii? Check the Facts First.
Glossy brochures and portal listings show only the shiny surface. My deep-dive report gathers the hard-to-find data scattered across dozens of websites and filings, so you can decide with confidence.
Before you commit your savings, see the full picture.
What My Reports Uncover:
- Builder Strength: past delivery record, financial health, open court cases.
- Legal & Title: RERA filings, land title chain, critical NOCs and clearances.
- Construction Reality: on-site progress versus promised timeline, independent quality checks.
- Total Cost Clarity: launch-to-date price trend, hidden charges, payment-plan cash flow.
- Location & Liveability: travel times, upcoming infrastructure, environmental risks.
- Exit & Rental Liquidity: resale registrations, rental yields, bank project approvals.
- Buyer Sentiment: real customer complaints, maintenance issues, defect logs.
- Red Flags: a concise list of any critical concerns I uncover.
See the Insight You Get (Sample Report)
Click here to download a sample analysis for a different project (Manor One, Gurugram) (This demonstrates the type of analysis I provide.)
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