Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Silicon Palm
Bhestan, Surat, Gujarat
SHYAM DEVELOPERS
SILICON PALM is a modern residential project located in the rapidly developing area of Dindoli-Bhedwad-Bhestan in Surat City. This project is designed to offer a blend of contemporary living and sustainable practices, making it an ideal choice for families looking for a new home. The project features two towers that house a total of 132 units, providing a variety of options for potential buyers. Each unit is meticulously designed to ensure maximum comfort and efficiency, with sizes ranging from 39.41 to 67.65 Sq.Mt. The project is set to be ready for possession by Quarter 1 of 2025, making it a great investment opportunity for those looking to secure a home in Surat's growing real estate market. SILICON PALM is strategically located to provide easy access to major highways and essential amenities, ensuring a convenient lifestyle for its residents. The project emphasizes energy efficiency and modern living, making it a perfect choice for families seeking a modern lifestyle.
What is SILICON PALM?
SILICON PALM is a modern residential project located in Surat City, designed for contemporary living and sustainable practices.
What types of units are available?
The project offers 1 BHK and 2 BHK units, catering to diverse family needs.
What infrastructure features does the project include?
The project includes essential infrastructure such as a drainage system, sewage treatment, and solid waste management.
What amenities are provided in SILICON PALM?
SILICON PALM offers a range of amenities including a gym, landscaped gardens, and 24/7 security.
Where is SILICON PALM located?
SILICON PALM is located in the rapidly developing area of Dindoli-Bhedwad-Bhestan in Surat City.
Is SILICON PALM a good investment opportunity?
Yes, SILICON PALM is a promising investment opportunity in Surat's growing real estate market.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type: 1 BHK, 2 BHK
- Project Status: New Launch
Project Details
- Possession Date: Quarter 1 2025
- Project Span: 11,655 Sq.Mt
- No of Towers: 2
- Total No of Units: 132
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Silicon Palm
- Address: Dindoli-Bhedwad-Bhestan, Surat City, Surat, Gujarat
- Sector: Others
- Locality: Bhestan
- City: Surat, Gujarat
- Builder: SHYAM DEVELOPERS
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/SURAT/SURAT CITY/SUDA/RAA05358/A1R/290220
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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
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