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Shriram Paradiso
Kuthambakkam, Chennai, Tamilnadu
SHRIRAM PROPERTIES LIMITED
Shriram Paradiso is a premier residential project located in the serene Kuthambakkam Village, Poonamallee Taluk, Chennai. This expansive development spans 8.87 acres and features 7 towers, offering a total of 1053 dwelling units. The project caters to diverse family needs with a variety of flat types, including 1 BHK, 2 BHK, and 3 BHK units, ensuring a perfect fit for every family size.
The project is designed with modern living in mind, featuring spacious layouts and high-quality finishes. Residents can enjoy a host of amenities, including a clubhouse with recreational facilities, landscaped gardens, and dedicated parking areas. The strategic location of Shriram Paradiso ensures easy access to essential services, educational institutions, and healthcare facilities, making it an ideal choice for families.
In terms of infrastructure, Shriram Paradiso is committed to sustainability and modern living. The project includes advanced systems for energy management, ensuring efficient use of resources. Residents can also expect comprehensive fire safety measures, ensuring a safe and secure living environment. The development is designed to promote a healthy lifestyle, with ample green spaces and recreational areas for families to enjoy.
Investing in Shriram Paradiso not only offers a luxurious lifestyle but also promises excellent potential for appreciation in value, given its prime location and the reputation of Shriram Properties Limited as a trusted developer in the region.
What is Shriram Paradiso?
Shriram Paradiso is a residential project located in Kuthambakkam Village, Chennai, featuring 7 towers with a total of 1053 dwelling units.
What types of flats are available?
The project offers 1 BHK, 2 BHK, and 3 BHK flats, catering to diverse family needs.
What infrastructure is included in the project?
Shriram Paradiso includes modern infrastructure with energy management systems and comprehensive fire safety measures.
What amenities are available at Shriram Paradiso?
The project features a clubhouse, landscaped gardens, and dedicated parking areas.
What are the location benefits of Shriram Paradiso?
The project is strategically located with easy access to essential services, educational institutions, and healthcare facilities.
Is Shriram Paradiso a good investment?
Yes, investing in Shriram Paradiso offers excellent potential for appreciation in value due to its prime location and the reputation of Shriram Properties Limited.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2025
- Project Span: 8.87 Acres
- No of Towers: 7
- Total No of Units: 1053
- Total Floors: 13
- Project Density:
Location & Builder
- Project Name: Shriram Paradiso
- Address: Kuthambakkam Village, Poonamallee Taluk, Chennai, Tamilnadu
- Sector: Others
- Locality: Kuthambakkam
- City: Chennai, Tamilnadu
- Builder: SHRIRAM PROPERTIES LIMITED
RERA Authority
Tamil Nadu Real Estate Regulatory Authority
RERA Registration Number
TNRERA-04888
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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
