Frequently Asked Questions
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Shivansh Trade Park
Gandhi Nagar, Bhilwara, Rajasthan
SATYAM PROPERTIES
Shivansh Trade Park is a premier commercial project located in the bustling Gandhi Nagar area of Bhilwara, Rajasthan. This project is designed to cater to the growing demand for retail and office spaces in the region, offering a unique blend of shopping and business opportunities. The project spans a total area of 2964.67 square meters and features 10 floors, providing ample space for various businesses.
The project is strategically located on Ajmer Chittor Road, ensuring excellent connectivity and visibility. With a focus on modern infrastructure, Shivansh Trade Park is equipped with essential amenities that support a thriving commercial environment. The project includes a variety of office spaces ranging from 53.00 sq.m to 132.40 sq.m, catering to diverse business needs.
In addition to office spaces, the project features spacious showrooms and retail units, making it an ideal destination for both shoppers and businesses. The design emphasizes open layouts and natural lighting, creating a welcoming atmosphere for visitors.
Shivansh Trade Park is not just about business; it promises a vibrant community atmosphere, with plans for recreational areas and facilities that enhance the living and working experience. The project is designed to meet the needs of both residents and businesses, solidifying its position as a key commercial hub in Bhilwara.
What is Shivansh Trade Park?
Shivansh Trade Park is a commercial project located in Bhilwara, Rajasthan, offering retail and office spaces designed to meet the growing demand in the region.
What types of spaces are available?
The project features office spaces ranging from 53.00 sq.m to 132.40 sq.m, as well as spacious showrooms and retail units.
What infrastructure is included in the project?
Shivansh Trade Park is equipped with modern infrastructure, including fire safety systems and energy-efficient designs.
What amenities are provided in Shivansh Trade Park?
The project includes recreational areas and facilities that enhance the living and working experience.
Why is the location significant?
The project is strategically located on Ajmer Chittor Road, ensuring excellent connectivity and visibility.
Is Shivansh Trade Park a good investment opportunity?
Yes, with its prime location and modern amenities, Shivansh Trade Park presents a promising investment opportunity in the growing commercial sector of Bhilwara.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall
- Flat Type:
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 3 2020
- Project Span: 2964.67 sq.m
- No of Towers: 1
- Total No of Units: 167
- Total Floors: 10
- Project Density:
Location & Builder
- Project Name: Shivansh Trade Park
- Address: Bhilwara, Gandhi Nagar, Ajmer Chittor Road, Rajasthan
- Sector: Ajmer Chittor Road
- Locality: Gandhi Nagar
- City: Bhilwara, Rajasthan
- Builder: SATYAM PROPERTIES
RERA Authority
Rajasthan Real Estate Regulatory Authority
RERA Registration Number
RAJ/P/2018/590
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SATYAM PROPERTIES
- No of Complaints: Not Available
- States (Active in): Rajasthan
Understanding Satyam Properties: A Review of Legal Challenges and Insights for Buyers
Satyam Properties, operating exclusively in Rajasthan, stands as a significant player in the real estate sector. However, with 75 complaints lodged against them, coupled with the results of their legal battles, potential buyers may find it essential to delve deeper into the builder's reputation and legal standing before making any investments. In this blog, we will dissect the builder's legal history, analyze patterns in their cases, and provide guidance for future buyers.
Legal Case Overview
Satyam Properties has faced a total of 75 legal complaints, splitting their outcomes into 39 cases lost and 36 cases won. This legal trajectory offers valuable insight into their operational practices and adherence to regulatory standards.
Patterns in Cases Lost
In the cases where Satyam Properties lost, a recurring theme emerged, primarily centered around their failure to submit Quarterly Progress Reports (QPRs) as mandated by the Real Estate (Regulation and Development) Act, 2016. The following key points characterize these lost cases:
- Failure in Reporting: The bulk of the complaints stemmed from allegations of not submitting the necessary QPRs on time, with numerous instances cited specifically regarding uploads to the RERA web portal.
- Technical Issues as a Defense: Satyam Properties often defended their actions by stating technical difficulties prevented them from uploading the required reports on the portal. Despite these claims, the regulatory authority consistently ruled against them, emphasizing compliance responsibilities.
- Penalties Imposed: In each case lost, the authority imposed penalties and instructed Satyam Properties to upload the pending reports, signifying a pattern of non-compliance with reporting requirements.
Patterns in Cases Won
Conversely, in the cases where Satyam Properties emerged victorious, several commonalities can be identified:
- Compliance with Requirements: Most winning cases involved Satyam Properties successfully demonstrating compliance with the Real Estate (Regulation and Development) guidelines, such as obtaining and presenting completion certificates.
- Disputed Claims: Many … Read more
