Frequently Asked Questions
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Shyam Plaza
Nabin Sen Road, Siliguri, Bengal
SHYAM DEVELOPERS
SHYAM PLAZA is a premier residential and commercial project located in the heart of Siliguri, West Bengal. This project is designed to offer a blend of modern living and convenience, featuring a total of 22 units across 4 floors. The units include spacious 1 BHK, 2 BHK, and 3 BHK apartments, catering to diverse family needs. The project is strategically situated on Nabin Sen Road, providing easy access to essential amenities such as schools, hospitals, and shopping centers.
The infrastructure of SHYAM PLAZA is designed with sustainability and safety in mind. The project includes a centralized sewage treatment plant (STP) for effective waste management, ensuring a clean and eco-friendly environment. Additionally, the development incorporates energy-efficient systems, including LED lighting and a fire safety system, to ensure the safety of residents. The project also features a water conservation system, with recharge pits for rainwater harvesting, promoting a sustainable lifestyle.
SHYAM PLAZA is not just about living; it’s about a lifestyle. The project offers a range of amenities designed to enhance the living experience, including landscaped gardens, a children’s play area, and dedicated parking spaces. The commercial units are designed to cater to the growing business needs in the region, making it an ideal investment opportunity for both residents and businesses.
Investing in SHYAM PLAZA means securing a future in a thriving city, with opportunities for growth and development. The project is set to be completed by Quarter 2 of 2026, making it a timely investment for those looking to settle in Siliguri. With its strategic location, modern amenities, and sustainable infrastructure, SHYAM PLAZA stands out as a premier choice for both living and investing.
What is SHYAM PLAZA?
SHYAM PLAZA is a residential and commercial project located in Siliguri, West Bengal, offering 1 BHK, 2 BHK, and 3 BHK units.
What is the total number of units in the project?
The project comprises a total of 22 units across 4 floors.
What kind of infrastructure is included in the project?
The project includes a centralized sewage treatment plant, energy-efficient systems, and a fire safety system.
What amenities are available in SHYAM PLAZA?
The project offers landscaped gardens, a children's play area, and dedicated parking spaces.
What are the location benefits of SHYAM PLAZA?
SHYAM PLAZA is strategically located on Nabin Sen Road, providing easy access to schools, hospitals, and shopping centers.
Is SHYAM PLAZA a good investment opportunity?
Yes, with its modern amenities and sustainable infrastructure, SHYAM PLAZA is an ideal investment for both living and business purposes.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Office Space- Commercial/Mall + Food Court Space
- Flat Type: 1 BHK, 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2026
- Project Span:
- No of Towers: 1
- Total No of Units: 22
- Total Floors: 4
- Project Density:
Location & Builder
- Project Name: Shyam Plaza
- Address: Siliguri Municipal Corporation, Nabin Sen Road, Siliguri, Bengal
- Sector: Others
- Locality: Nabin Sen Road
- City: Siliguri, Bengal
- Builder: SHYAM DEVELOPERS
RERA Authority
West Bengal Real Estate Regulatory Authority
RERA Registration Number
WBRERA/P/DAR/2023/000607
Explore the Neighborhood
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SHYAM DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
SHYAM DEVELOPERS, a builder primarily operating in Gujarat, presents a case study of both achievements and challenges faced within the real estate sector. With a total of five complaints filed against them, the builder has won only one case while losing four. This blog aims to analyze the legal disputes surrounding SHYAM DEVELOPERS, highlight patterns in their outcomes, and provide essential insights for potential buyers.
Overview of Legal Cases
Cases Won
SHYAM DEVELOPERS has successfully won one case, where they maintained that the project was completed within the stipulated time frame. This defense led the regulatory authority to exempt them from penal action despite a claim of financial misconduct involving advance payments without a signed agreement. This case signifies a strong point for the builder, showing their ability to meet deadlines, which is often a concern among homebuyers.
Cases Lost
Conversely, SHYAM DEVELOPERS has faced significant challenges in four other cases. The common issues identified in these cases include:
- Failure to Comply with RERA Regulations: Each case highlighted violations of key provisions under the Real Estate (Regulation and Development) Act, particularly regarding advertisement practices and reporting obligations. For example, they faced fines for not displaying their RERA registration number and failing to submit quarterly reports on time.
- Conflict in Claims: There exists a pattern where the builder claimed ignorance of regulatory requirements or acknowledged defects in advertisements. However, regulatory authorities consistently found them at fault, indicating a serious disconnect between their understanding of compliance and the expectations set by the regulatory framework.
- Financial Penalties: The fines imposed as a result of these findings—totaling over ₹3 lakhs—suggest systemic issues in governance and operational transparency within the firm.
Analysis of Winning and Losing Cases
The lone victory for SHYAM DEVELOPERS revolves around operational timeliness, suggesting a strength in project execution. However, the multiple losses reveal a significant weakness in regulatory compliance and … Read more
