Frequently Asked Questions
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Ratnam Elegance
Others, Vadodara, Gujarat
LAXMI ENTERPRISE
RATNAM ELEGANCE is a premier residential project located in the heart of Vadodara, offering a blend of modern living and traditional charm. The project features a total of 82 meticulously designed apartments, ranging from 2 BHK to 3 BHK configurations, with carpet areas starting from 48.78 Sq.M. Each unit is crafted with attention to detail, ensuring a comfortable and luxurious living experience.
The project is strategically situated to provide easy access to essential amenities such as schools, hospitals, and shopping centers, making it an ideal choice for families. The infrastructure is designed to support a modern lifestyle, with ample green spaces and recreational areas for residents to enjoy.
RATNAM ELEGANCE emphasizes sustainability and energy efficiency, incorporating features such as rainwater harvesting systems and energy-efficient lighting. The project is also equipped with comprehensive fire safety systems, ensuring the safety of all residents.
With its prime location, modern amenities, and quality construction, RATNAM ELEGANCE stands as a testament to exceptional living in Vadodara.
What is RATNAM ELEGANCE?
RATNAM ELEGANCE is a residential project located in Vadodara, offering 2 BHK and 3 BHK apartments designed for modern living.
What is the size range of units available?
The project offers units with carpet areas ranging from 48.78 to 83.09 Sq.M.
What infrastructure features are included in the project?
The project includes rainwater harvesting systems and energy-efficient lighting to promote sustainability.
What amenities are available at RATNAM ELEGANCE?
The project features recreational areas, green spaces, and comprehensive fire safety systems.
What are the key benefits of the location?
RATNAM ELEGANCE is strategically located near schools, hospitals, and shopping centers, providing convenience for families.
Is RATNAM ELEGANCE a good investment?
With its prime location and modern amenities, RATNAM ELEGANCE presents a promising investment opportunity in Vadodara.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 2 BHK, 3 BHK
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 3 2021
- Project Span: 2.833 Acres
- No of Towers: 5
- Total No of Units: 82
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Ratnam Elegance
- Address: Vadodara, Gujarat
- Sector: Others
- Locality: Others
- City: Vadodara, Gujarat
- Builder: LAXMI ENTERPRISE
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/VADODARA/VADODARA/Others/RAA02631/EX1/180220
Explore the Neighborhood
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Neighborhood
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LAXMI ENTERPRISE
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
In the ever-evolving world of real estate, selecting a trustworthy builder is paramount for potential homeowners. This blog post focuses on LAXMI ENTERPRISE, a builder operating primarily in Gujarat. With some legal challenges evident, it is essential to evaluate their track record and the implications for potential buyers.
Overview of LAXMI ENTERPRISE
- Number of Complaints: 1
- Cases Won: 0
- Cases Lost: 1
- States with Projects: Gujarat
LAXMI ENTERPRISE has received one formal complaint, leading to one case against them in which they did not succeed.
Legal Case Details
The legal case involved the advertisement practices of LAXMI ENTERPRISE, where complaints were raised concerning compliance with the Real Estate (Regulation and Development) Act, 2016.
- Appellant Claim: The appellant argued that the builder violated Section 11(2) by advertising their project without showing the necessary RERA registration and website.
- Respondent Claim: In response, LAXMI ENTERPRISE stated that this violation was accidental and they did not fully understand the nuances of the RERA Act.
- Final Verdict: The Authority found the builder in violation and imposed a penalty of Rs. 15,000, which they were directed to pay within a stipulated timeframe.
Analysis
Patterns in Cases Lost
- Regulatory Non-compliance: The primary issue in the lost case revolved around non-compliance with RERA regulations. This points to a potential gap in knowledge related to regulatory standards on the part of LAXMI ENTERPRISE.
- Awareness of Legal Framework: The builder's claim of misunderstanding the RERA Act suggests a need for better familiarity with real estate laws which are essential for compliance and transparency.
Patterns in Cases Won
- No Cases Won: It is noteworthy that LAXMI ENTERPRISE has not secured a win in any legal complaints thus far, highlighting a concerning trend where they have failed to effectively defend against the claims raised.
Conclusion
LAXMI ENTERPRISE demonstrates a mixed record with one formal complaint resulting in a lost case due to regulatory issues. The lack of wins in legal disputes … Read more
