Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Parsvnath Greens Derabassi
Derabassi, Patiala, Punjab
PARSVNATH DEVELOPERS LIMITED
Parsvnath Greens Derabassi is a sprawling residential plotted development located in the serene locality of Derabassi, Patiala. This project is designed to offer a harmonious blend of modern living and natural beauty, making it an ideal choice for families seeking a peaceful yet connected lifestyle. The project spans a total area of 201086 square meters, providing ample space for residential plots that cater to diverse needs.
The development is strategically located with easy access to essential amenities such as schools, hospitals, and shopping centers, ensuring that residents enjoy convenience and comfort. The project is currently under construction, with an expected possession date in the second quarter of 2028.
Parsvnath Greens Derabassi is not just about plots; it promises a lifestyle enriched with green spaces, community amenities, and a focus on sustainable living. The project is designed to foster a sense of community while providing the privacy and tranquility that residents seek. With a total of 436 plots available, this project offers a unique opportunity for homebuyers and investors alike to secure their place in a thriving neighborhood.
The project emphasizes modern infrastructure and community living, making it a promising investment for those looking to build their future in Derabassi.
What is Parsvnath Greens Derabassi?
Parsvnath Greens Derabassi is a residential plotted development located in Derabassi, Patiala, offering a total of 436 residential plots in a sprawling 201086 square meter area.
What is the expected possession date?
The expected possession date for Parsvnath Greens Derabassi is in Quarter 2 of 2028.
Where is Parsvnath Greens Derabassi located?
The project is located on Mubarikpur Road in Derabassi, Patiala, providing easy access to local amenities and urban facilities.
Are there schools and hospitals nearby?
Yes, the project is strategically located near several schools and hospitals, ensuring convenience for families.
Is Parsvnath Greens Derabassi a good investment?
With its prime location and the reputation of Parsvnath Developers, this project presents a promising investment opportunity for homebuyers and investors.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2028
- Project Span: 201086 sqr mtrs
- No of Towers:
- Total No of Units: 436
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Parsvnath Greens Derabassi
- Address: Derabassi, Mubarikpur Road, Patiala, Punjab
- Sector: Mubarikpur Road
- Locality: Derabassi
- City: Patiala, Punjab
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Punjab Real Estate Regulatory Authority
RERA Registration Number
PBRERA-SAS79-PR0024
Project
Neighborhood
Project Video
No project video available.
No Review for this Project yet. Be the first one to share your thoughts!
PARSVNATH DEVELOPERS LIMITED
- No of Complaints: Not Available
- States (Active in): Delhi, Haryana, Madhya Pradesh, National Capital Territory Of Delhi, Nct Of Delhi, Nct Of Delhi & Ut Of Chandigarh, Punjab, Rajasthan, Uttar Pradesh
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 legal provisions, particularly regarding documentation and the timely furnishing of progress reports.
- Delayed Possession and Project Completion: A significant proportion of complaints revolve around delayed possession and the non-completion of projects. Customers consistently sought refunds and compensation for delays that extended beyond the agreed-upon timeline.
- Failure to Honor Financial Obligations: Many cases addressed issues related to the non-payment of assured returns and refunds. Complaints frequently outlined that despite substantial payments made by customers, the builder failed to fulfill obligations such as returning deposits or providing possession.
- Poor Communication and Customer Service: Complainants often cited a lack of communication regarding project statuses and delays, leading to a breakdown of trust.
Patterns in Won Cases
In contrast, the limited number of cases won by Parsvnath Developers Limited suggest instances where:
- Compliance and Documentation were Adequate: In cases where the builder successfully defended their position, it was often found that proper documentation and compliance with purchase agreements were in place.
- Delivered Projects in Good Faith: Some decisions favored the builder when it … Read more
