Frequently Asked Questions
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Shriram Esquire
Others, Bangalore, Karnataka
SHRIRAM PROPERTIES LIMITED
SHRIRAM ESQUIRE is a premier residential project located in the heart of Koramangala, Bengaluru South. This project is designed to offer a blend of modern living and comfort, featuring a variety of apartments including 2 BHK, 3 BHK, and 4 BHK units. The project spans over 0.4751 acres and comprises two towers, ensuring ample space and privacy for residents.
The apartments are designed with contemporary aesthetics and functionality in mind, equipped with high-quality finishes and modern amenities. Residents can enjoy a range of facilities including a clubhouse, community hall, outdoor sports facilities, and a swimming pool, making it an ideal choice for families and individuals alike.
Strategically located, SHRIRAM ESQUIRE offers excellent connectivity to major highways and is in proximity to key landmarks such as schools, hospitals, and shopping centers. The project emphasizes sustainability and energy efficiency, incorporating features such as rainwater harvesting and energy management systems.
With a focus on quality living and community engagement, SHRIRAM ESQUIRE is set to become a sought-after address in Bengaluru. The project is currently under construction, with possession expected in the first quarter of 2027.
What is SHRIRAM ESQUIRE?
SHRIRAM ESQUIRE is a residential project located in Koramangala, Bengaluru South, offering a variety of apartments including 2 BHK, 3 BHK, and 4 BHK units.
What amenities are available in the project?
The project features a clubhouse, community hall, outdoor sports facilities, and a swimming pool, among other amenities.
What is the location of SHRIRAM ESQUIRE?
The project is located in Koramangala, Bengaluru South, with excellent connectivity to major highways and proximity to schools, hospitals, and shopping centers.
Is SHRIRAM ESQUIRE a good investment?
Yes, with its strategic location and modern amenities, SHRIRAM ESQUIRE is a promising investment opportunity in the growing real estate market of Bengaluru.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 2 BHK, 3 BHK, 4 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 1 2027
- Project Span: 0.4751 Acres
- No of Towers: 2
- Total No of Units: 64
- Total Floors: 8
- Project Density:
Location & Builder
- Project Name: Shriram Esquire
- Address: Koramangala, Bengaluru South, Bengaluru, Karnataka
- Sector: Koramangala
- Locality: Others
- City: Bangalore, Karnataka
- Builder: SHRIRAM PROPERTIES LIMITED
RERA Authority
Karnataka Real Estate Regulatory Authority
RERA Registration Number
PRM/KA/RERA/1251/310/PR/090224/006616
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SHRIRAM PROPERTIES LIMITED
- No of Complaints: Not Available
- States (Active in): Karnataka
Understanding Shriram Properties Limited: A Closer Look at Legal Outcomes and Buyer Insights
Shriram Properties Limited, a player in the real estate market, has a mixed track record in legal proceedings. With a total of 120 complaints filed against them, the builder stands at a critical crossroads reflected in their legal performance: winning 46 cases and losing 74. This blog aims to dissect these cases, yielding insights for potential buyers and a better understanding of the company's operational tendencies.
Analyzing Case Outcomes
Cases Lost by Shriram Properties
In the instances where Shriram Properties filed and lost cases, common factors emerge:
- Non-Compliance with RERA Act: Many lost cases revolved around the builder's failure to deposit amounts as mandated by the RERA Act, notably in matters pertaining to compensation claims. For instance, in multiple appeals, the dismissals cited non-depositing as the primary reason, showcasing an inability to adhere to regulatory requirements.
- Delay in Project Completion: The builder faced numerous claims regarding delayed possession and completion of projects, which ultimately resulted in adverse judgments. In cases where homebuyers claimed compensation due to delays, the lack of timely project handover led to a loss in court.
- Settlement Patterns: Some cases were resolved through settlements, indicating a preference for amicable resolutions, often tied to financial negotiations, but these resolutions were not sufficient in cases where formal adjudication was pursued.
This pattern suggests a critical need for buyers to ensure timely deposits by the builder to guarantee compliance, as failing to do so could jeopardize their claims.
Cases Won by Shriram Properties
Conversely, in the 36 cases where Shriram Properties prevailed, several patterns can be observed:
- Successful Negotiation of Settlements: A significant number of cases were resolved through joint memos, indicating an adeptness in negotiating settlements that satisfy both parties. The appeals often concluded with agreed settlements that benefitted the builder effectively.
- Clear Defenses Against Claims: In winning … Read more
