SHREE SIDDHI RESIDENCY is a promising residential project located in the rapidly developing area of Ulwe, Navi Mumbai. This project is designed to offer a blend of modern living and convenience, making it an ideal choice for families and individuals looking for a serene yet connected lifestyle. The project spans a total area and features a variety of residential plots, catering to diverse needs and preferences.

The location is strategically chosen for its excellent connectivity to major highways, educational institutions, healthcare facilities, and shopping centers, ensuring that residents have easy access to all essential services. The project emphasizes community living with ample green spaces and recreational areas, promoting a healthy and fulfilling environment.

Key features of SHREE SIDDHI RESIDENCY include:
- **Residential plots** designed for custom building, allowing homeowners to create their dream homes.
- **Proximity to key amenities** such as schools, hospitals, and shopping malls, ensuring convenience for families.
- **Well-planned infrastructure** that includes roads, landscaping, and community facilities.
- **A focus on sustainability** with provisions for water conservation and energy-efficient living.

Investing in SHREE SIDDHI RESIDENCY not only offers a chance to own a piece of prime real estate in Navi Mumbai but also promises a lifestyle enriched with comfort, convenience, and community spirit.

Frequently Asked Questions

Explore our list of frequently asked questions to find answers to common inquiries about this project.

What is SHREE SIDDHI RESIDENCY?

SHREE SIDDHI RESIDENCY is a residential project located in Ulwe, Navi Mumbai, offering a variety of residential plots for custom building.

What amenities are available in the project?

The project includes residential plots, well-planned infrastructure, and community facilities, ensuring a comfortable living experience.

How is the location of SHREE SIDDHI RESIDENCY?

The project is strategically located with excellent connectivity to major highways, educational institutions, healthcare facilities, and shopping centers.

What are the nearby facilities?

Residents will have easy access to schools, hospitals, and shopping malls, making it a convenient choice for families.

Is SHREE SIDDHI RESIDENCY a good investment?

Yes, investing in SHREE SIDDHI RESIDENCY offers a chance to own prime real estate in a rapidly developing area of Navi Mumbai, making it a promising investment opportunity.

Basic Information

  • Price Range:
  • Property Type: Residential Plot
  • Flat Type:
  • Project Status: New Launch

Project Details

  • Possession Date: Quarter 4 2024
  • Project Span:
  • No of Towers:
  • Total No of Units:
  • Total Floors:
  • Project Density:

Location & Builder

  • Project Name: Shree Siddhi Residency
  • Address: Ulwe, Navi Mumbai, Maharashtra, Maharashtra
  • Sector: Others
  • Locality: Ulwe
  • City: Mumbai, Maharashtra
  • Builder: SIDDHIVINAYAK DEVELOPERS

RERA Authority

Maharashtra Real Estate Regulatory Authority

RERA Registration Number

P52000029213

Project Neighborhood

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SIDDHIVINAYAK DEVELOPERS

  • No of Complaints: Not Available
  • States (Active in): Gujarat, Maharashtra

Introduction

When exploring potential homebuilders, it's essential to scrutinize their track record, especially regarding legal disputes. One such builder, Siddhivinayak Developers, has had a tumultuous legal history marked by numerous complaints and varied outcomes in legal cases. This blog delves into their legal performance, analyzing both the cases they have won and lost, and provides guidance for potential homebuyers.

Overview of Siddhivinayak Developers

Siddhivinayak Developers operates in two prominent states: Gujarat and Maharashtra. Over time, they have faced 27 complaints, out of which they have won 2 cases and lost 25 cases. This unsatisfactory outcome raises critical questions regarding their business practices and consumer satisfaction.

Legal Case Analysis

Cases Lost by Siddhivinayak Developers

A significant number of cases (25 out of 27 total complaints) have ended unfavorably for Siddhivinayak Developers. Several common themes can be discerned from these losses:

  1. Failure to Comply with Regulations: In multiple instances, the builder was penalized for not submitting reports on time, indicating a pattern of administrative neglect.
    • Example: They faced a penalty for not filing the final report on time concerning the project 'Ashta Tapovan'.
  2. Inadequate Provisioning of Amenities: Complaints included failure to provide promised amenities as per agreements.
    • Example: One case was dismissed where the appellant claimed amenities were missing; the builder failed to establish their entitlement to the claimed relief.
  3. Delayed Project Completion: Many complaints revolved around stalled projects and failure to provide possession to buyers, suggesting issues with managing project timelines effectively.
    • Example: A complainant sought a refund for a stalled project of Rs. 6,00,000 plus interest.

These patterns indicate potential systemic issues within the builder’s operations, specifically in following through on regulatory requirements and meeting consumer expectations.

Cases Won by Siddhivinayak Developers

Conversely, Siddhivinayak Developers managed to win 2 cases out of 27. The outcomes of these cases revealed some common factors for their victories:

  1. Administrative Errors by Complainants: In cases won, there often was a … Read more

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