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Parsvnath Prerna Plaza
Others, Agra, Uttarpradesh
PARSVNATH DEVELOPERS LIMITED
PARSVNATH PRERNA PLAZA is a premier commercial project located in Agra, Uttar Pradesh, designed to cater to the growing demand for retail and office spaces. Developed by PARSVNATH DEVELOPERS LIMITED, this project spans a total area of 4141 square meters, offering a unique blend of retail and commercial spaces. The project is strategically located to provide easy access to major highways and residential areas, making it an ideal choice for businesses looking for visibility and connectivity.
The project features a well-planned layout with ample parking space, ensuring convenience for visitors and tenants alike. The design emphasizes modern architecture and functionality, providing a conducive environment for both retail and commercial activities. With a focus on sustainability, the project incorporates energy-efficient systems, including LED lighting and renewable energy solutions, to reduce operational costs.
PARSVNATH PRERNA PLAZA is not just about business; it also promises a vibrant community atmosphere with landscaped areas and public amenities that enhance the overall experience. The project is equipped with comprehensive fire safety systems, ensuring the safety of all occupants. Additionally, the development includes provisions for waste management and water conservation, aligning with modern environmental standards.
Investing in PARSVNATH PRERNA PLAZA offers excellent potential for returns, given its prime location and the growing demand for commercial spaces in Agra. The project is ready for immediate possession, making it a timely opportunity for businesses looking to establish themselves in this thriving region.
What is PARSVNATH PRERNA PLAZA?
PARSVNATH PRERNA PLAZA is a commercial project located in Agra, Uttar Pradesh, designed for retail and office spaces, offering a unique blend of modern architecture and functionality.
What is the size of the project?
The project spans a total area of 4141 square meters.
Where is PARSVNATH PRERNA PLAZA located?
The project is located in Agra, Uttar Pradesh, with easy access to major highways and residential areas.
What are the nearby amenities?
The project is surrounded by residential areas, commercial hubs, and essential services, making it a convenient location for businesses.
What infrastructure is included in the project?
The project includes energy-efficient systems, comprehensive fire safety measures, and provisions for waste management and water conservation.
Is PARSVNATH PRERNA PLAZA a good investment?
Yes, the project is located in a growing commercial area, making it an excellent opportunity for businesses looking to establish themselves in Agra.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall
- Flat Type:
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 4 2018
- Project Span:
- No of Towers:
- Total No of Units:
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Parsvnath Prerna Plaza
- Address: Village/Locality/Sector Etc., Agra, Uttar Pradesh, Uttarpradesh
- Sector: Others
- Locality: Others
- City: Agra, Uttarpradesh
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Uttar Pradesh Real Estate Regulatory Authority
RERA Registration Number
UPRERAPRISA54
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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
