Frequently Asked Questions
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Siddhivinayak Residency
Indore Road, Khandwa, Madhyapradesh
SIDDHIVINAYAK DEVELOPERS
SIDDHIVINAYAK RESIDENCY is an ongoing residential project located on Indore Road in Khandwa, Madhya Pradesh. This project is designed to offer a blend of modern living and comfort, featuring a variety of apartments including 1 BHK, 2 BHK, and 3 BHK units. The project is strategically situated to provide easy access to essential amenities and services, making it an ideal choice for families and individuals looking for a serene yet connected living environment.
The project emphasizes sustainable living with features such as **rainwater harvesting systems** for water conservation and **energy-efficient LED lighting** throughout the premises. Residents will also benefit from a comprehensive **fire safety system** designed to ensure their safety and security.
With a total of 500+ units, SIDDHIVINAYAK RESIDENCY is set to become a vibrant community in Khandwa, offering a range of living options to suit different needs. The project is expected to be ready for possession by the end of 2024, making it a timely investment opportunity for those looking to secure a home in this growing locality.
What is SIDDHIVINAYAK RESIDENCY?
SIDDHIVINAYAK RESIDENCY is a residential project located on Indore Road in Khandwa, Madhya Pradesh, offering a variety of apartments including 1 BHK, 2 BHK, and 3 BHK units.
What types of apartments are available?
The project offers 1 BHK, 2 BHK, and 3 BHK apartments designed for modern living.
What infrastructure features are included in the project?
The project includes rainwater harvesting systems for water conservation and energy-efficient LED lighting throughout the premises.
What amenities are provided in SIDDHIVINAYAK RESIDENCY?
Residents will benefit from a comprehensive fire safety system, ensuring their safety and security.
What are the location benefits of SIDDHIVINAYAK RESIDENCY?
The project is strategically situated on Indore Road, providing easy access to essential amenities and services.
Is SIDDHIVINAYAK RESIDENCY a good investment opportunity?
With its prime location and modern amenities, SIDDHIVINAYAK RESIDENCY is a timely investment opportunity for those looking to secure a home in Khandwa.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2024
- Project Span:
- No of Towers:
- Total No of Units: 500+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Siddhivinayak Residency
- Address: Khandwa, Indore Road, Madhya Pradesh, Mp
- Sector: Others
- Locality: Indore Road
- City: Khandwa, Madhyapradesh
- Builder: SIDDHIVINAYAK DEVELOPERS
RERA Authority
RERA Registration Number
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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:
- 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'.
- 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.
- 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:
- Administrative Errors by Complainants: In cases won, there often was a … Read more
