Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Prestige Cosmopolitan
Guindy, Chennai, Tamilnadu
PRESTIGE ESTATES PROJECT LIMITED
Prestige Cosmopolitan is a premier commercial project located on Sardar Patel Road in Guindy, Chennai. This project is designed to cater to the needs of modern businesses, offering spacious office spaces with a focus on functionality and aesthetics. The project features a total carpet area of 490 to 1587 sqft, making it ideal for various commercial operations.
The project is strategically located, ensuring excellent connectivity to major highways and public transport. Residents will benefit from a vibrant neighborhood with ample amenities, including shopping centers, restaurants, and recreational facilities.
Prestige Cosmopolitan is committed to sustainability and modern infrastructure. The project includes advanced systems for energy management, including LED lighting and timer control panels to enhance energy efficiency. Additionally, the development emphasizes fire safety with comprehensive fire protection systems, ensuring a safe working environment for all occupants.
With a focus on quality and customer satisfaction, Prestige Cosmopolitan is set to become a landmark in Chennai's commercial landscape, making it a lucrative investment opportunity for businesses looking to establish themselves in a thriving metropolis.
What is Prestige Cosmopolitan?
Prestige Cosmopolitan is a premier commercial project located on Sardar Patel Road in Guindy, Chennai, designed to cater to modern businesses with spacious office spaces.
What is the size range of units available?
The project offers units with a total carpet area ranging from 490 to 1587 sqft.
What infrastructure is integrated into the project?
The project includes advanced energy management systems, comprehensive fire safety measures, and modern amenities to ensure a comfortable working environment.
How is the location of Prestige Cosmopolitan?
The project is strategically located with excellent connectivity to major highways and public transport, surrounded by amenities such as shopping centers and restaurants.
Is Prestige Cosmopolitan a good investment opportunity?
Yes, with its prime location and modern infrastructure, Prestige Cosmopolitan is a lucrative investment opportunity for businesses looking to establish themselves in Chennai.
Basic Information
- Price Range:
- Property Type: Office Space-Commercial/Mall
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2023
- Project Span:
- No of Towers:
- Total No of Units:
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Prestige Cosmopolitan
- Address: Guindy, Sardar Patel Road, Chennai, Tamilnadu
- Sector: Sardar Patel Road
- Locality: Guindy
- City: Chennai, Tamilnadu
- Builder: PRESTIGE ESTATES PROJECT LIMITED
RERA Authority
Tamil Nadu Real Estate Regulatory Authority
RERA Registration Number
TN/RR/0001/2022
Project
Neighborhood
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PRESTIGE ESTATES PROJECT LIMITED
- No of Complaints: Not Available
- States (Active in): Karnataka, Tamil Nadu
Understanding Prestige Estates Project Limited: A Comprehensive Overview
Prestige Estates Project Limited is a prominent player in the real estate sector, particularly known for its activities in Tamil Nadu and Karnataka. However, with a significant number of complaints filed against the builder, it's crucial to analyze their track record and assess what potential buyers should consider when looking to invest in one of their properties.
Builder Overview
- Name: Prestige Estates Project Limited
- Number of Complaints: 214
- Cases Won: 79
- Cases Lost: 135
- States with Projects: Tamil Nadu, Karnataka
Legal Case Details
Cases Where the Builder Lost
Out of the total complaints, Prestige Estates has prominently lost 135 cases. Here are some common themes observed in these cases:
- Delay in Possession: A large number of complaints were filed due to delayed possession of apartments. Buyers frequently claimed compensation for the extensive delays in handing over their respective properties.
- Quality of Construction: Several clients mentioned issues related to structural integrity and finishing of apartments, including problems like cracks in walls and poor wall finishing, leading to dissatisfaction among homeowners.
- Failure to Provide Amenities: Complaints also highlighted instances where promised amenities were either downgraded or not delivered at all, disappointing buyers who expected certain standards.
- Financial Disputes: There were cases where the builder and the clients disagreed on financial matters such as compensation for delays and whether the builder had justified the collected amounts versus the amenities provided.
Cases Where the Builder Won
In contrast, Prestige Estates successfully won 79 cases, which indicates some strengths in their operational and legal strategies. Common aspects noted in these cases include:
- Settlement Agreements: Many of the cases concluded with the parties reaching amicable settlements, emphasizing a tendency for negotiations rather than prolonged legal battles. The builder’s ability to settle disputes amicably appears to play a role in favorable outcomes.
- Validity of Claims: Builders often won based on the arguments that the complaints were not … Read more
