Frequently Asked Questions
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Rich Square
Kharar, Mohali, Punjab
DARA ESTATES PRIVATE LIMITED
Rich Square is a premier residential plotted development located in the serene locality of Rakba Khunnimajra, Kharar, Mohali. This project is designed to offer a harmonious blend of modern living and natural beauty, making it an ideal choice for families seeking a peaceful yet connected lifestyle. The project spans over 4.85 acres and comprises 25 residential plots, ensuring ample space for future homes.
The development is strategically located, providing easy access to essential amenities such as schools, hospitals, and shopping centers. Residents will enjoy the benefits of a well-planned community with green spaces and recreational areas, promoting a healthy and active lifestyle.
Rich Square is committed to sustainable living, featuring infrastructure that supports eco-friendly practices. The project includes provisions for a **sewerage and drainage system**, ensuring proper waste management, and **rainwater harvesting** systems to conserve water. Additionally, the development emphasizes energy efficiency with **LED lighting** and **timer control panels** for optimal energy management. Safety is paramount, with comprehensive **fire safety systems** in place to ensure the well-being of all residents.
Investing in Rich Square not only promises a beautiful living environment but also a sound investment in one of Mohali's most promising locales, making it a perfect choice for homebuyers and investors alike.
What is Rich Square?
Rich Square is a residential plotted development located in Rakba Khunnimajra, Kharar, Mohali, offering 25 residential plots designed for modern living.
What amenities are available in Rich Square?
The project includes amenities such as green spaces, recreational areas, and essential infrastructure for a comfortable lifestyle.
Where is Rich Square located?
Rich Square is situated in Rakba Khunnimajra, Kharar, Mohali, providing easy access to schools, hospitals, and shopping centers.
How is the connectivity to the project?
The project is well-connected to major roads, ensuring smooth access to nearby urban centers.
Is Rich Square a good investment?
Yes, investing in Rich Square offers a promising opportunity in one of Mohali's growing localities, making it a valuable asset for homebuyers and investors.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 4 2020
- Project Span: 4.85 Acres
- No of Towers:
- Total No of Units: 25
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Rich Square
- Address: Rakba Khunnimajra, Kharar, Mohali, Punjab
- Sector: Rakba Khunnimajra
- Locality: Kharar
- City: Mohali, Punjab
- Builder: DARA ESTATES PRIVATE LIMITED
RERA Authority
Punjab Real Estate Regulatory Authority
RERA Registration Number
PBRERA-SAS80-PR0186
Project
Neighborhood
Project Video
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DARA ESTATES PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Punjab
Introduction
Dara Estates Private Limited has made a name for itself in the real estate sector, specifically in Punjab. With a number of projects under their belt, it's crucial to evaluate their reliability and performance based on customer experiences and legal outcomes. This blog post aims to delve into the details surrounding Dara Estates, examining both the positive and negative aspects derived from recent complaints and legal cases.
Overview of Complaints and Legal Cases
According to the available data, Dara Estates has faced a total of 6 complaints, with a troubling record of losing all 6 cases brought against them. This suggests a persistent pattern of issues that have not only led to dissatisfaction among clients but have culminated in legal challenges as well.
Common Patterns in Lost Cases
- Failure to Deliver Promised Amenities: A significant number of complaints refer to Dara Estates not providing essential amenities like water, electricity, and security services. For instance, one case highlighted that the builder violated the Real Estate (Regulation and Development) Act, 2016, by failing to install basic utilities.
- Issues with Documentation and Payments: Many complainants cited that despite having paid substantial amounts, they either did not receive the promised property or faced delays in legal documentation, such as buyers agreements or allotment letters.
- Compensation Payments: The adjudicating body consistently directed the builder to pay compensation, indicating recurrent issues with service delivery and fulfillment of contractual obligations. The outgoing payments encompassed amounts for deficiencies in service and amenities, thus demonstrating a pattern of dissatisfaction in client relations.
Common Patterns in Won Cases
Interestingly, the cases where Dara Estates has succeeded mostly involved scenarios where the parties reached a compromise, indicating potentially disputable circumstances rather than outright builder negligence. In these cases:
- Compromised Agreements: The issues were settled outside court, suggesting that while Dara Estates didn't technically "win" all their cases, they managed to … Read more
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