Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Rasika Residency
Sector R5, Mumbai, Maharashtra
SIDDHIVINAYAK BUILDCON
RASIKA RESIDENCY is a premier residential project located in the heart of Navi Mumbai's Sector R5. This project is designed to offer a blend of modern living and comfort, featuring a variety of flat types including 1RK, 1BHK, and 2BHK units. With a total of 10800 units, residents can choose from a range of options to suit their needs.
The project emphasizes sustainable living with features such as rainwater harvesting systems and energy-efficient designs. Residents will benefit from well-planned amenities and infrastructure, ensuring a luxurious lifestyle. The project is strategically located with easy access to major highways, schools, hospitals, and shopping centers, making it an ideal choice for families.
RASIKA RESIDENCY is not just a place to live; it's a community designed for a modern lifestyle, with a focus on quality construction and attention to detail. The project is set to be completed by Quarter 1 of 2025, making it a great investment opportunity for those looking to secure a home in one of Navi Mumbai's most sought-after locales.
What is RASIKA RESIDENCY?
RASIKA RESIDENCY is a residential project located in Sector R5, Navi Mumbai, offering a variety of flat types including 1RK, 1BHK, and 2BHK units.
What is the total number of units in the project?
The project comprises a total of 10800 units.
What sustainable features does the project offer?
The project includes rainwater harvesting systems and energy-efficient designs to promote sustainable living.
What amenities are available at RASIKA RESIDENCY?
The project will feature well-planned amenities designed for a modern lifestyle.
How is the location of RASIKA RESIDENCY?
The project is strategically located with easy access to major highways, schools, hospitals, and shopping centers.
When is the expected possession date?
The expected possession date for RASIKA RESIDENCY is Quarter 1 of 2025.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type: 1RK, 1BHK, 2BHK
- Project Status: New Launch
Project Details
- Possession Date: Quarter 1 2025
- Project Span:
- No of Towers:
- Total No of Units: 10800
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Rasika Residency
- Address: Sector R5, Navi Mumbai, Maharashtra, Maharashtra
- Sector: Others
- Locality: Sector R5
- City: Mumbai, Maharashtra
- Builder: SIDDHIVINAYAK BUILDCON
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P52000054602
Project
Neighborhood
Project Video
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SIDDHIVINAYAK BUILDCON
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
When purchasing a new home, buyers often rely on the reputation and reliability of builders. In this post, we will analyze Siddhivinayak Buildcon, a builder operating in Gujarat, by reviewing their performance in legal cases. Understanding their track record can help potential buyers make informed decisions.
Legal Case Overview
Siddhivinayak Buildcon has faced a total of 8 complaints, none of which have resulted in a favorable outcome for the builder. The builder lost all 8 cases, indicating a consistent pattern of concerns raised by homebuyers regarding the quality of construction. This is a significant red flag for potential buyers considering properties built by Siddhivinayak.
Common Factors in the Cases Lost
- Quality of Construction: The predominant issue across all cases was the use of poor-quality materials. Complainants consistently reported that the flats had significant problems associated with poor construction, such as leaks and damages.
- Failure to Meet Standards: The claims made by complainants suggest a failure to meet basic construction standards, which raises questions about the builder's commitment to delivering quality work.
Analysis of Cases Won
Interestingly, despite the total of 8 cases noted, all outcomes reported indicate that the builder did not win any cases. However, it is worth noting that the builder resolved complaints during the legal process, which involved completing necessary repair work as needed. This indicates that while legal victories were not achieved, the builder did take steps to address the grievances of the complainants.
Common Factors in Cases Resolved
- Acknowledgment of Issues: While Siddhivinayak Buildcon did not win any legal battles, they confirmed the complaints by making attempts to rectify issues related to poor materials and leakage concerns. In all reported instances, they assured complainants that their grievances would be resolved, thus demonstrating a level of responsiveness.
- Supervised Construction Claims: The builder maintained that construction was done under the supervision of a structural engineer, which they … Read more
