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Royal Arcade Ludhiana (Commercial-1)
Thakarwal & Dad, Ludhiana, Punjab
OMAXE LIMITED
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Royal Arcade Ludhiana (Commercial-1) is a premier retail space located within the Omaxe Royal Residency in Ludhiana's vibrant West area. This project is designed to cater to the growing demand for modern shopping and dining experiences, featuring a well-planned layout that includes a variety of shop sizes ranging from 7.25 to 102.93 square meters. The project is strategically positioned on Pakhowal Road, ensuring excellent visibility and accessibility.
The development is set to include a range of amenities that will enhance the shopping experience, including reserved dedicated car parking, kids' themed parks, a swimming pool, squash court, tennis court, indoor games room, and a television lounge. The project also emphasizes sustainability with features such as rainwater harvesting and energy-efficient systems.
With a total of over 150 units, Royal Arcade Ludhiana promises to be a hub for retail and commercial activities, making it an ideal investment opportunity for businesses looking to establish themselves in a bustling urban environment. The project is currently under construction, with an expected possession date in Quarter 3 of 2024.
What is Royal Arcade Ludhiana (Commercial-1)?
Royal Arcade Ludhiana (Commercial-1) is a modern retail space located within Omaxe Royal Residency, designed to offer a premium shopping experience.
What types of units are available?
The project offers a variety of shop sizes ranging from 7.25 to 102.93 square meters.
What amenities are included in the project?
The project features amenities such as reserved car parking, kids' themed parks, a swimming pool, squash court, and indoor games.
How is sustainability integrated into the project?
Royal Arcade Ludhiana includes rainwater harvesting and energy-efficient systems to promote sustainable practices.
Where is the project located?
The project is located on Pakhowal Road in Ludhiana West, providing excellent visibility and accessibility.
What are the nearby facilities?
The project is close to residential areas, ensuring a steady flow of potential customers.
Is Royal Arcade Ludhiana a good investment opportunity?
Yes, with over 150 units and a strategic location, it presents a promising opportunity for businesses and investors.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 3 2024
- Project Span: 0.56 Acres
- No of Towers:
- Total No of Units: 150+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Royal Arcade Ludhiana (Commercial-1)
- Address: Village Thakarwal & Dad, Pakhowal Road, Ludhiana West, Ludhiana, Punjab
- Sector: Others
- Locality: Thakarwal & Dad
- City: Ludhiana, Punjab
- Builder: OMAXE LIMITED
RERA Authority
Punjab Real Estate Regulatory Authority
RERA Registration Number
PBRERA-LDH45-PC0002
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OMAXE LIMITED
- No of Complaints: Not Available
- States (Active in): Haryana, Himachal Pradesh, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh
Understanding Omaxe Limited: Legal Encounters and Buyer Insights
In the competitive landscape of real estate in India, Omaxe Limited stands out as a prominent builder with projects across multiple states, including Uttar Pradesh, Himachal Pradesh, Haryana, Madhya Pradesh, Rajasthan, and Punjab. However, the company’s legal history reveals a complex relationship with its customers, characterized by a significant number of complaints and legal disputes. This blog aims to provide an overview of Omaxe Limited's legal dealings, analyze patterns in its successes and failures, and offer guidance for potential buyers considering purchasing from this builder.
Overview of Legal Encounters
According to the provided data, Omaxe Limited has faced a total of 299 complaints. Out of these, it has been victorious in 217 cases but has also lost 82 cases. The distribution of cases further indicates that the legal battles have taken various forms, resulting in different outcomes based on the nature of the complaints.
Cases Lost by Omaxe Limited
Analysis of the cases lost by Omaxe Limited (82 in total) reveals several key patterns:
- Settlement Withdrawal: A recurring theme in multiple cases is the withdrawal of appeals after settlements have been reached. In at least six instances, appellants sought to withdraw appeals, often after an agreement was reportedly made between the parties involved. This indicates a tendency to settle disputes amicably after legal proceedings have commenced.
- Regulatory Compliance Issues: Several of the cases involved claims where Omaxe argued that the authority lacked jurisdiction or that the project needed not be registered. However, the appellate tribunal upheld the authority’s jurisdiction, leading to unfavorable outcomes for Omaxe. The applications of the Real Estate (Regulation and Development) Act, 2016, have frequently been cited against them, reflecting a struggle in adapting to regulatory frameworks.
- Complaint Dismissals: Many complaints were dismissed based on procedural grounds, such as unregistered projects, indicating that either the projects in … Read more
