Frequently Asked Questions
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Shakti Residency
Vashi, Mumbai, Maharashtra
SHIVSHAKTI DEVELOPERS
Shakti Residency is a promising residential project located in the serene Kopari area of Vashi, Navi Mumbai. 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 2.5 acres and features a total of 100+ residential plots, providing ample space for customization and personal touch.
The location is strategically chosen for its proximity to essential amenities such as schools, hospitals, shopping centers, and public transport, ensuring that residents enjoy convenience and accessibility. The project emphasizes community living with well-planned infrastructure and green spaces, promoting a healthy environment for families.
Shakti Residency is not just about plots; it’s about creating a lifestyle. The project is equipped with essential facilities that cater to the needs of modern living, including well-lit roads, landscaped gardens, and recreational areas. The residents can look forward to a vibrant community where they can engage in various activities and foster meaningful relationships.
Investing in Shakti Residency means securing a future in one of Navi Mumbai's most sought-after locales, with potential for appreciation and a quality living experience.
What is Shakti Residency?
Shakti Residency is a residential project located in Kopari, Vashi, Navi Mumbai, offering a total of 100+ residential plots.
What is the size range of the plots?
The plots range from 20.5 to 35.6 Sq.Mts.
What is the project status?
The project is currently ongoing with possession expected in Quarter 1 2024.
What amenities are nearby?
The project is close to schools, hospitals, shopping centers, and public transport.
How is the connectivity?
Shakti Residency is well-connected to major roads and highways, ensuring easy access to the rest of Navi Mumbai.
Is this a good investment?
Yes, investing in Shakti Residency means securing a future in a prime location with potential for appreciation.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 1 2024
- Project Span: 2.5 Acres
- No of Towers:
- Total No of Units: 100+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Shakti Residency
- Address: Kopari, Vashi, Navi Mumbai, Maharashtra
- Sector: Kopari
- Locality: Vashi
- City: Mumbai, Maharashtra
- Builder: SHIVSHAKTI DEVELOPERS
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P52000010973
Project
Neighborhood
Project Video
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SHIVSHAKTI DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
When it comes to finding a reputable builder for real estate investments, it’s crucial to consider the builder’s track record. SHIVSHAKTI DEVELOPERS, a prominent player in the Gujarat real estate market, has had a fluctuating performance in the legal arena, which potential buyers should understand. This blog post will delve into the builder's legal history, offering insights into their performance and valuable tips for prospective buyers.
Legal Case Overview
SHIVSHAKTI DEVELOPERS has faced one legal complaint. The details of this case shine a light on the builder’s adherence to regulations and their approach to legal challenges.
- Case Summary: The legal complaint centered on allegations that SHIVSHAKTI DEVELOPERS violated the provisions of the Real Estate (Regulation and Development) Act, 2016. Specifically, the appellant claimed that the builder failed to mention the RERA registration number and website in their sales advertisements. The response from SHIVSHAKTI DEVELOPERS acknowledged that while they did not willfully violate the regulations, they admitted to the oversight and requested leniency on the associated penalty. Ultimately, the Authority levied a fine of Rs. 1,25,000 against the builder.
Analysis of Legal Outcomes
Pattern in Cases Won
Interestingly, while SHIVSHAKTI DEVELOPERS has had only one legal battle, the outcome revealed a degree of acknowledgment of responsibility. The builder admitted to the violation but argued that it was unintentional. This suggests a certain level of willingness to cooperate with regulatory bodies, which could be a positive sign for prospective buyers.
Pattern in Cases Lost
In this case, the loss stems from an evident oversight in adherence to RERA advertising mandates. The builder's inability to provide accurate information in their marketing materials reflects a need for improved compliance systems. A single loss may not be indicative of widespread issues, but it does highlight an area for caution for potential buyers who value regulatory transparency.
Conclusion
Given the available data, SHIVSHAKTI DEVELOPERS has encountered … Read more
