Frequently Asked Questions
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Residency
Mylapore, Chennai, Tamilnadu
POOMALAI HOUSING PRIVATE LIMITED
Residency is a unique blend of residential and commercial spaces located in the heart of Mylapore, Chennai. This project is designed to cater to the modern lifestyle, offering 9 units that include a mix of 1 BHK apartments and office spaces, all within a stilt floor + 5 floors building. The project is strategically positioned on Dr. Ranga Road, providing easy access to major highways and essential amenities.
The infrastructure of Residency is designed with sustainability and modern living in mind. The project features a centralized sewage treatment plant (STP) for effective waste management, ensuring a clean and eco-friendly environment. Additionally, the building is equipped with energy-efficient LED lighting and a comprehensive fire safety system, providing peace of mind to residents and businesses.
With a focus on community living, Residency offers a range of amenities that enhance the living experience. The project includes spacious balconies, modern interiors, and ample parking space, making it an ideal choice for families and professionals alike. The location is further bolstered by the presence of educational institutions, healthcare facilities, and shopping centers in the vicinity, making it a prime investment opportunity.
What is Residency?
Residency is a mixed-use development in Mylapore, Chennai, offering a combination of residential and commercial spaces.
What types of units are available?
The project includes 1 BHK apartments and office spaces, designed to meet the needs of modern living.
What infrastructure is integrated into the project?
Residency features a centralized sewage treatment plant (STP) for effective waste management and energy-efficient LED lighting.
What amenities are offered at Residency?
The project includes spacious balconies, modern interiors, and ample parking space, along with a comprehensive fire safety system.
What are the location benefits of Residency?
Residency is strategically located on Dr. Ranga Road, providing easy access to major highways and essential amenities such as educational institutions, healthcare facilities, and shopping centers.
Is Residency a good investment opportunity?
Yes, the project is located in a prime area of Chennai, making it a solid choice for both living and investing.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall + Food Court Space
- Flat Type: 1 BHK, Office Spaces
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 1 2024
- Project Span:
- No of Towers: 1
- Total No of Units: 9
- Total Floors: 6
- Project Density:
Location & Builder
- Project Name: Residency
- Address: Mylapore, Dr. Ranga Road, Chennai, Tamilnadu
- Sector: Dr. Ranga Road
- Locality: Mylapore
- City: Chennai, Tamilnadu
- Builder: POOMALAI HOUSING PRIVATE LIMITED
RERA Authority
Tamil Nadu Real Estate Regulatory Authority
RERA Registration Number
Project
Neighborhood
Project Video
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POOMALAI HOUSING PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Tamil Nadu
Introduction
Poomalai Housing Private Limited is a builder based primarily in Tamil Nadu, India. As a significant player in the real estate market, understanding the builder’s performance and history is crucial for potential home buyers. This blog aims to provide a detailed overview of Poomalai Housing, including relevant legal cases, common trends, and tips for buying property.
Legal Case Summary
Poomalai Housing has faced a total of three complaints, and troublingly, they have lost all three cases filed against them. Legal disputes often hint at deeper issues within management practices and quality assurance, warranting a closer look at the underlying factors.
Cases Overview
The appellants in all three cases claimed that Poomalai Housing failed to adhere to the Joint Development Agreement (JDA), which entails essential responsibilities such as registering projects with the Tamil Nadu Real Estate Regulatory Authority (TNRERA), timely payments to local authorities, and maintaining construction quality.
The builders defended themselves by suggesting that the complainants were also promoters, thus asserting that the dispute fell beyond TNRERA's jurisdiction. Despite these claims, the TNRERA consistently found in favor of the complainants, emphasizing the need for Poomalai Housing to meet the outlined obligations—including ensuring project completion within 18 months of building permission and compliance with all terms of the JDA.
Analysis of Legal Patterns
Common Factors in Lost Cases
The cases Poomalai Housing lost demonstrate a recurring theme of non-compliance with contractual obligations stated in the JDA. A critical issue highlighted across all cases includes the failure to register the project with TNRERA and the alleged use of inferior construction materials. This pattern raises concerns about quality control and adherence to regulatory requirements.
Common Factors in Won Cases
Intriguingly, while there were no cases won by Poomalai Housing, the persistent defense strategy used was centered around jurisdictional claims. The company maintained that the legal complaints came from individuals with dual roles as … Read more
