Frequently Asked Questions
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Parsvnath Royale
Sector 20, Panchkula, Haryana
PARSVNATH DEVELOPERS LIMITED
PARSVNATH ROYALE is a premier residential project located in the heart of Panchkula's Sector 20. This expansive development spans over 7.182 acres and features a total of 344 meticulously designed apartments, offering a blend of modern living and comfort. The project includes various types of 3 BHK units, each with a carpet area ranging from 112.50 to 113.34 sqft, ensuring ample space for families.
The project is strategically positioned to provide residents with easy access to major roads, educational institutions, healthcare facilities, and shopping centers, making it an ideal choice for families seeking a convenient lifestyle. The infrastructure is designed to support a community-centric living environment, with amenities that cater to the needs of all ages.
PARSVNATH ROYALE emphasizes sustainability and modern living, featuring high-quality construction and contemporary design. The project is equipped with essential facilities, including a well-planned internal road network, water supply systems, and stormwater drainage, ensuring a comfortable living experience.
The project is currently under construction, with an expected possession date in the fourth quarter of 2019. With its prime location and thoughtful design, PARSVNATH ROYALE is poised to become a sought-after address in Panchkula, offering a perfect blend of luxury and practicality.
What is PARSVNATH ROYALE?
PARSVNATH ROYALE is a residential project located in Sector 20, Panchkula, offering a variety of 3 BHK apartments designed for modern living.
What is the expected possession date?
The expected possession date for PARSVNATH ROYALE is in the fourth quarter of 2019.
What amenities are included in the project?
The project includes essential amenities such as internal roads, water supply systems, and stormwater drainage, ensuring a comfortable living environment.
How many towers are there in the project?
PARSVNATH ROYALE consists of 4 towers, providing a total of 344 residential units.
What are the key locations nearby?
The project is strategically located near major roads, educational institutions, healthcare facilities, and shopping centers, making it convenient for residents.
How well is the project connected to the city?
PARSVNATH ROYALE is well-connected to the rest of the city, with easy access to public transport and major highways.
Is PARSVNATH ROYALE a good investment opportunity?
With its prime location, modern amenities, and thoughtful design, PARSVNATH ROYALE presents a promising investment opportunity in the growing real estate market of Panchkula.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2019
- Project Span: 7.182 Acres
- No of Towers: 4
- Total No of Units: 344
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Parsvnath Royale
- Address: Sector 20, Panchkula, Haryana
- Sector: Others
- Locality: Sector 20
- City: Panchkula, Haryana
- Builder: PARSVNATH DEVELOPERS LIMITED
RERA Authority
Haryana Real Estate Regulatory Authority
RERA Registration Number
RERA-PKL-PROJ-379-2018
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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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