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Parsvnath Privilege Phase-Iv
Others, Noida, Uttarpradesh
PARSVNATH DEVELOPERS LIMITED
PARSVNATH PRIVILEGE PHASE-IV is a premier residential project located in the serene surroundings of Greater Noida. This project offers a blend of modern living and natural beauty, making it an ideal choice for families seeking a peaceful yet connected lifestyle. The project features a variety of apartments, including 2 BHK and 3 BHK units, designed with contemporary aesthetics and functionality in mind.
The project spans over 2.09 acres and comprises 4 towers, providing ample space for residents to enjoy. Each apartment is equipped with high-quality finishes and spacious layouts, ensuring comfort and convenience. The development is strategically located to provide easy access to major highways, educational institutions, healthcare facilities, and shopping centers, making it a prime investment opportunity.
In terms of infrastructure, PARSVNATH PRIVILEGE PHASE-IV is equipped with essential amenities that enhance the living experience. The project includes a centralized sewage treatment plant (STP) for effective waste management, ensuring a clean and sustainable environment. Additionally, the development features a solid waste management system, rainwater harvesting facilities, and energy-efficient lighting solutions, demonstrating a commitment to eco-friendly practices.
Residents can enjoy a range of amenities, including a clubhouse with a swimming pool, landscaped gardens, and recreational areas, promoting a healthy and active lifestyle. The project is designed to provide a safe and secure environment, with comprehensive fire safety systems in place.
Investing in PARSVNATH PRIVILEGE PHASE-IV not only offers a beautiful home but also a promising future in one of the fastest-growing regions of Uttar Pradesh.
What is PARSVNATH PRIVILEGE PHASE-IV?
PARSVNATH PRIVILEGE PHASE-IV is a residential project located in Greater Noida, offering 2 BHK and 3 BHK apartments designed for modern living.
What types of apartments are available?
The project offers 2 BHK and 3 BHK apartments, catering to diverse family needs.
What infrastructure is included in the project?
The project features a centralized sewage treatment plant (STP), solid waste management systems, and rainwater harvesting facilities.
How is waste managed at the project?
The project includes a solid waste management system with separate bins for organic and inorganic waste.
What amenities are available at PARSVNATH PRIVILEGE PHASE-IV?
Residents can enjoy a clubhouse with a swimming pool, landscaped gardens, and recreational areas.
What are the key location benefits of the project?
The project is strategically located with easy access to major highways, educational institutions, healthcare facilities, and shopping centers.
Is PARSVNATH PRIVILEGE PHASE-IV a good investment opportunity?
Yes, the project is located in a growing region of Uttar Pradesh, making it a promising investment for future appreciation.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 2 BHK, 3 BHK
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 2 2021
- Project Span: 2.09 Acres
- No of Towers: 4
- Total No of Units: 21+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Parsvnath Privilege Phase-Iv
- Address: Greater Noida, Village/Locality/Sector Etc., Uttar Pradesh, Uttarpradesh
- Sector: Others
- Locality: Others
- City: Noida, Uttarpradesh
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Uttar Pradesh Real Estate Regulatory Authority
RERA Registration Number
UPRERAPRI6O81
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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
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