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Parsvnath City Phase-Iii
Sanwer, Indore, Madhyapradesh
PARSVNATH DEVELOPERS LIMITED
Description & FAQs
Project Overview
Parsvnath City Phase-III 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. The project features a total of 371 residential plots, catering to diverse needs and preferences. The strategic location ensures excellent connectivity to major highways and essential amenities, making it an ideal choice for families and investors alike.
The project emphasizes a community-centric approach, with ample green spaces and recreational areas. Residents can enjoy a peaceful lifestyle while being close to urban conveniences. The project is expected to be completed by the end of 2024, ensuring that buyers can look forward to a vibrant community in the near future.
Parsvnath City Phase-III is not just about plots; it’s about creating a lifestyle that combines comfort, convenience, and community spirit. The project is developed by Parsvnath Developers, a renowned name in the real estate sector, ensuring quality and reliability. With a focus on sustainable development, the project incorporates essential infrastructure and amenities that enhance the living experience.
What is Parsvnath City Phase-III?
Parsvnath City Phase-III is a residential project located in Sanwer, Indore, offering a total of 371 residential plots.
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, ensuring excellent connectivity to major highways and essential amenities.
What are the nearby facilities?
The project is close to schools, hospitals, shopping centers, and other urban conveniences, making it a convenient choice for families.
Is this project a good investment?
Yes, Parsvnath City Phase-III is a promising investment opportunity due to its strategic location and the reputation of Parsvnath Developers.
Project Details
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Status: Under Construction
Project Scale
- Possession: Quarter 4 2024
- Span:
- Towers:
- Units: 371
- Floors:
- Density:
Location & Builder
- Project: Parsvnath City Phase-Iii
- Address: Sanwer, Indore, Madhya Pradesh, Mp
- Sector: Others
- Locality: Sanwer
- City: Indore, Madhyapradesh
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
RERA Reg. No
P-SWR-18-1576
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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-Iii? 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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