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Shree Residency Phase-Ii
Others, Aurangabad, Maharashtra
SHREE DEVELOPER
SHREE RESIDENCY PHASE-II is a premier residential project located in Aurangabad, Maharashtra, designed to offer a blend of modern living and comfort. The project features a total of 600 meticulously designed 1 BHK apartments, ensuring spacious and well-lit living areas. Each apartment is crafted with attention to detail, providing residents with a serene and luxurious environment.
The project is strategically located, providing easy access to essential amenities such as schools, hospitals, and shopping centers. Residents can enjoy a peaceful lifestyle while being well-connected to the city's main attractions.
SHREE RESIDENCY PHASE-II is equipped with modern infrastructure, including a centralized sewage treatment plant (STP) for effective waste management, ensuring a clean and sustainable living environment. The project also incorporates energy-efficient systems, including LED lighting and timer control panels, to promote energy conservation. Fire safety measures are comprehensively integrated to ensure the safety of all residents.
With a focus on community living, the project offers a range of amenities designed to enhance the quality of life for its residents. Whether you are looking for a home or an investment, SHREE RESIDENCY PHASE-II is an ideal choice for those seeking a blend of luxury and practicality.
What is SHREE RESIDENCY PHASE-II?
SHREE RESIDENCY PHASE-II is a residential project located in Aurangabad, Maharashtra, offering 1 BHK apartments designed for modern living.
What amenities are available in the project?
The project includes a centralized sewage treatment plant, energy-efficient lighting, and comprehensive fire safety systems.
Where is SHREE RESIDENCY PHASE-II located?
The project is located in Aurangabad, providing easy access to schools, hospitals, and shopping centers.
How many units are there in total?
There are a total of 600 units in the project.
Is SHREE RESIDENCY PHASE-II a good investment?
Yes, the project offers a blend of luxury and practicality, making it a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK
- Project Status: Ready To Move
Project Details
- Possession Date: Quarter 3 2023
- Project Span:
- No of Towers:
- Total No of Units: 600
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Shree Residency Phase-Ii
- Address: Aurangabad, Maharashtra
- Sector: Others
- Locality: Others
- City: Aurangabad, Maharashtra
- Builder: SHREE DEVELOPER
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P51500031079
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
