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Shree Balaji Vihar
Mhow, Indore, Madhyapradesh
SHREE DEVELOPER
SHREE BALAJI VIHAR is a promising residential project located in the serene locality of Mhow, Indore. Spanning over 10.5 acres, this project is designed to offer a harmonious blend of modern living and natural beauty. The project features a total of 271 residential plots, catering to diverse needs and preferences. The plots are strategically planned to provide ample space for future homes, ensuring a comfortable living environment.
The project is well-connected to major roads and essential amenities, making it an ideal choice for families and individuals seeking a peaceful yet connected lifestyle. Indore, being a hub for education, healthcare, and shopping, ensures that all necessary services are within reach.
SHREE BALAJI VIHAR is not just about plots; it’s about creating a community where residents can thrive. The project emphasizes sustainable living with features that promote eco-friendly practices, making it a great investment for the future. With the possession date set for Quarter 4 of 2024, this project is an opportunity for prospective homeowners to secure their place in a vibrant community.
What is SHREE BALAJI VIHAR?
SHREE BALAJI VIHAR is a residential project located in Mhow, Indore, offering a total of 271 residential plots designed for modern living.
What is the size of the project?
The project spans over 10.5 acres, providing ample space for future homes.
Where is SHREE BALAJI VIHAR located?
The project is located in Mhow, Indore, a serene locality with easy access to major roads and essential amenities.
What are the nearby facilities?
Indore is known for its educational institutions, healthcare facilities, and shopping centers, making it a convenient location.
Is SHREE BALAJI VIHAR a good investment?
Yes, the project is designed for sustainable living and is located in a growing area, making it a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2024
- Project Span: 10.5 Acres
- No of Towers:
- Total No of Units: 271+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Shree Balaji Vihar
- Address: Mhow, Indore, Madhya Pradesh, Mp
- Sector: Others
- Locality: Mhow
- City: Indore, Madhyapradesh
- Builder: SHREE DEVELOPER
RERA Authority
RERA Registration Number
P-MHW-21-3056
Project
Neighborhood
Project Video
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SHREE DEVELOPER
- No of Complaints: Not Available
- States (Active in): Odisha
Introduction
In the ever-evolving landscape of real estate development, potential buyers often find themselves navigating through a plethora of options. One name that surfaces in the realm of builders is Shree Developer, known for its operations primarily in Odisha. While the promise of new homes is exciting, it is vital to evaluate the builder's track record before making a commitment. This blog delves into Shree Developer's legal standings, notable complaints, and gives potential buyers important insights.
Legal Standing of Shree Developer
Shree Developer has faced one complaint against it, resulting in an unfavorable outcome. The details of the legal case are particularly enlightening.
Case Analysis
The following summarizes the key findings regarding the builder's legal case:
- Cases won: 0
- Cases lost: 1
The sole case against Shree Developer revolved around a registration issue, where the authority had not registered the builder's project prior to the execution of sale agreements. In this situation, the respondent was penalized with a fine of Rs. 10,00,000 for violating legal mandates. This case underscores a lack of proper registration procedures followed by the developer, which is a critical factor in real estate transactions. The repercussions of such actions can have significant impact on buyers, especially concerning their legal rights regarding the property.
Patterns Identified
Given that there was only one recorded complaint, it is challenging to identify a pattern of lost cases; however, we can draw a preliminary analysis based on Shree Developer’s single incident:
- Common Factors in Lost Cases: The case highlighted a critical oversight in project registration which is fundamental in real estate development. Avoiding compliance with statutory regulations can lead to penalties and loss of consumer trust.
- Common Factors in Won Cases: In contrast, since there are no cases won by Shree Developer, the absence of successful legal outcomes raises concerns that any plausible defense or legal standing was not sufficiently established. It indicates … Read more
