Frequently Asked Questions
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Shyam Sanidhya
Bhojalram Park, Rajkot, Gujarat
SHYAM DEVELOPERS
SHYAM SANIDHYA is a premier mixed-use development located in the vibrant BHOJALRAM PARK area of Rajkot, Gujarat. This project is designed to cater to the growing demand for retail and commercial spaces, offering a unique blend of shopping and lifestyle experiences. The development features a total of 78 units, including shops and residential areas, all meticulously designed to provide a modern and inviting atmosphere.
The project is strategically positioned near P and B School, ensuring a steady flow of potential customers and making it an ideal location for businesses looking to thrive in a bustling educational hub. SHYAM SANIDHYA is set to become a landmark in Rajkot, with its contemporary architecture and comprehensive amenities that will enhance the living and shopping experience for residents and visitors alike.
Key features of the project include:
- **Spacious retail units** designed to accommodate a variety of businesses, from fashion to food and entertainment.
- **Residential areas** that offer a comfortable living experience, ensuring a steady supply of potential customers for retail businesses.
- **Modern infrastructure** that includes essential services and facilities, ensuring a convenient lifestyle for all.
- **Strategic location** with excellent connectivity to major roads and public transport, making it accessible for all.
Investing in SHYAM SANIDHYA not only means securing a spot in a thriving commercial hub but also being part of a community that values innovation and quality living.
What is SHYAM SANIDHYA?
SHYAM SANIDHYA is a mixed-use development located in Rajkot, featuring retail spaces and residential units designed for modern living.
What types of units are available?
The project offers a total of 78 units, including spacious retail shops and residential areas.
Where is SHYAM SANIDHYA located?
SHYAM SANIDHYA is situated in BHOJALRAM PARK, near P and B School, Rajkot.
How accessible is the project?
The project is strategically located with excellent connectivity to major roads and public transport.
Is SHYAM SANIDHYA a good investment?
Yes, SHYAM SANIDHYA is an excellent investment opportunity in Rajkot's growing commercial sector.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2025
- Project Span: 0.69 Acres
- No of Towers: 1
- Total No of Units: 78
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Shyam Sanidhya
- Address: Bhojalram Park, Rajkot, Gujarat
- Sector: Others
- Locality: Bhojalram Park
- City: Rajkot, Gujarat
- Builder: SHYAM DEVELOPERS
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
MAA10038/180422
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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
