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Parsvnath Regalia - Ii Phase
Others, Ghaziabad, Uttarpradesh
PARSVNATH DEVELOPERS LIMITED
Parsvnath Regalia - II Phase is a premier residential project located in the heart of Ghaziabad, offering a unique opportunity to own a spacious residential plot. Developed by the renowned Parsvnath Developers, this project is designed to provide a serene living environment while ensuring easy access to urban amenities. The project spans a total area of 6451 Sq.Mt, with a single residential plot available for sale, making it an ideal choice for families looking to build their dream home.
The project is strategically located in a well-connected area, ensuring that residents have access to essential services, schools, hospitals, and shopping centers. The proximity to major roads and public transport hubs enhances the convenience of living in Parsvnath Regalia - II Phase.
The project emphasizes modern living with a focus on quality construction and sustainable development. Residents can expect a well-planned community with ample green spaces, parks, and recreational areas, promoting a healthy lifestyle. The project is equipped with essential infrastructure, including a reliable water supply system, sewage management, and energy-efficient solutions.
Investing in Parsvnath Regalia - II Phase not only offers a beautiful living space but also a promising investment opportunity in one of the fastest-growing regions of Uttar Pradesh. With the promise of quality living and a commitment to excellence, Parsvnath Regalia - II Phase is a perfect choice for homebuyers and investors alike.
What is Parsvnath Regalia - II Phase?
Parsvnath Regalia - II Phase is a residential project located in Ghaziabad, offering a single residential plot for sale.
What is the size of the plot available?
The plot available in Parsvnath Regalia - II Phase is approximately 34735 Sq.Mt.
Where is the project located?
The project is located in Ghaziabad, Uttar Pradesh.
What are the nearby amenities?
The project is close to schools, hospitals, shopping centers, and major roads, ensuring convenience for residents.
Is this a good investment opportunity?
Yes, investing in Parsvnath Regalia - II Phase offers a promising opportunity in a growing region.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 4 2018
- Project Span:
- No of Towers:
- Total No of Units: 1
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Parsvnath Regalia - Ii Phase
- Address: Village/Locality/Sector Etc., Ghaziabad, Uttar Pradesh, Uttarpradesh
- Sector: Others
- Locality: Others
- City: Ghaziabad, Uttarpradesh
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Uttar Pradesh Real Estate Regulatory Authority
RERA Registration Number
UPRERAPRI11163
Explore the Neighborhood
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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
