Parth Residency is a promising residential project located in the heart of Jabalpur, Madhya Pradesh. This project offers a total of 152 residential plots, providing an excellent opportunity for homebuyers and investors alike. The project is strategically situated in a prime area, ensuring easy access to essential amenities such as schools, hospitals, and shopping centers.

The project emphasizes modern living with a focus on community and sustainability. Residents can enjoy a peaceful lifestyle while being close to the city's bustling activities. The project is designed to cater to the needs of families, making it an ideal choice for those looking to settle in Jabalpur.

Key features of Parth Residency include spacious plots, well-planned layouts, and a commitment to quality construction. The project is ready for possession, allowing buyers to move in immediately. With its prime location and thoughtful design, Parth Residency is set to become a sought-after address in Jabalpur.

Frequently Asked Questions

Explore our list of frequently asked questions to find answers to common inquiries about this project.

What is Parth Residency?

Parth Residency is a residential project located in Jabalpur, Madhya Pradesh, offering a total of 152 residential plots.

What are the key features of the project?

The project features spacious plots, well-planned layouts, and a commitment to quality construction.

Where is Parth Residency located?

Parth Residency is located in Jabalpur, Madhya Pradesh, providing easy access to schools, hospitals, and shopping centers.

What are the nearby amenities?

The project is strategically situated near essential amenities, making it convenient for residents.

Is Parth Residency a good investment?

Yes, with its prime location and quality construction, Parth Residency presents a promising investment opportunity.

Basic Information

  • Price Range:
  • Property Type: Residential Plot
  • Flat Type:
  • Project Status: Ready To Move

Project Details

  • Possession Date: Quarter 2 2019
  • Project Span:
  • No of Towers:
  • Total No of Units: 152+
  • Total Floors:
  • Project Density:

Location & Builder

  • Project Name: Parth Residency
  • Address: Jabalpur, Madhya Pradesh, Mp
  • Sector: Others
  • Locality: Others
  • City: Jabalpur, Madhyapradesh
  • Builder: PARTH DEVELOPERS

RERA Authority

RERA Registration Number

P-JBP-19-2306

Project Neighborhood

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PARTH DEVELOPERS

  • No of Complaints: Not Available
  • States (Active in): Gujarat, Madhya Pradesh

Introduction

In the competitive arena of real estate development, the reputation and legal standing of a builder can provide potential buyers with significant insight into their credibility. This blog post provides an in-depth analysis of Parth Developers, focusing on their legal disputes, project completions, and what potential buyers should know.

Overview of Parth Developers

Parth Developers operates primarily in two states: Madhya Pradesh and Gujarat. However, their operations have seen them embroiled in legal disputes, with 3 complaints lodged against them, out of which they have lost all 3 cases.

Legal Case Details

Cases Lost by Parth Developers

Parth Developers has encountered challenges in legal cases, particularly revolving around compliance with the RERA Act. The primary case detail that stands out is:

  1. Failure to Submit Annual Report:
    - Claim: The promoter argued a lack of awareness concerning RERA provisions.
    - Counter Claim: The authority contended that Parth Developers violated regulations by not submitting the annual report on time.
    - Verdict: The authority fined the promoter Rs. 2,50,000 for non-compliance.

This case reflects a significant aspect of the builder's operations: an apparent lack of adherence to regulatory frameworks that could signify deeper issues in project management and accountability.

Cases Filed Against Parth Developers (Won)

Interestingly, Parth Developers also faced complaints regarding their project 'Balaji Enclave'. Here, they encountered claims of incomplete work:

  1. Incompletion of Development Work:
    - Claim: The claimant demanded a refund with interest due to unfinished work.
    - Counter Claim: Parth Developers asserted completion of the work and sought dismissal of the complaint.
    - Verdict: The enforcement officer ordered them to complete the work within four months and to refund the claimant's money with interest.

This repeated outcome indicates a pattern: while Parth Developers has won these disputes formally, they have ultimately been held accountable to complete the projects, leading to financial repercussions and impact on their reputation.

Patterns Identified

Common Factors in Lost Cases:

  • Regulatory Compliance: A clear lack … Read more

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