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Parsvnath Royal Floor
Others, Lucknow, Uttarpradesh
PARSVNATH DEVELOPERS LIMITED
PARSVNATH ROYAL FLOOR is a premier residential project located in the heart of Lucknow, offering a blend of luxury and comfort. The project features meticulously designed 3 BHK and 4 BHK apartments, each spanning between 1500 to 3000 square feet, providing ample space for modern living. The project is strategically situated to ensure easy access to major highways and essential amenities, making it an ideal choice for families and professionals alike.
The project emphasizes modern infrastructure and sustainability, featuring a centralized sewage treatment plant (STP) for effective waste management, rainwater harvesting systems for water conservation, and energy-efficient LED lighting throughout the premises. Additionally, the project includes comprehensive fire safety systems to ensure the safety of residents.
Residents can enjoy a host of amenities including landscaped gardens, children's play areas, and dedicated parking spaces. The project is designed to provide a vibrant community atmosphere, making it a perfect investment for those seeking a luxurious lifestyle in Lucknow.
With a total of 500+ units spread across 5 towers, PARSVNATH ROYAL FLOOR is a testament to quality living in one of India's most historic cities. The project is ready for immediate possession, allowing residents to move in without delay.
What is PARSVNATH ROYAL FLOOR?
PARSVNATH ROYAL FLOOR is a luxury residential project located in Lucknow, offering 3 BHK and 4 BHK apartments designed for modern living.
What is the size range of units available in the project?
The project offers units ranging from 1500 to 3000 square feet.
What infrastructure is integrated into the project?
The project features a centralized sewage treatment plant (STP), rainwater harvesting systems, and energy-efficient LED lighting.
What amenities are offered at PARSVNATH ROYAL FLOOR?
Residents can enjoy landscaped gardens, children's play areas, and dedicated parking spaces.
How accessible is the project?
The project is strategically located with easy access to major highways and essential amenities.
Is PARSVNATH ROYAL FLOOR a good investment?
Yes, with its prime location and modern amenities, it is a promising investment opportunity in Lucknow.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 3 BHK, 4 BHK
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 4 2018
- Project Span: 10 Acres
- No of Towers: 5
- Total No of Units: 500+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Parsvnath Royal Floor
- Address: Village/Locality/Sector Etc., Lucknow, Uttar Pradesh, Uttarpradesh
- Sector: Others
- Locality: Others
- City: Lucknow, Uttarpradesh
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Uttar Pradesh Real Estate Regulatory Authority
RERA Registration Number
UPRERAPRI11282
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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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