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Sovereign Next (Phase-I)
Shikohpur, Gurugram, Haryana
VATIKA LIMITED
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SOVEREIGN NEXT (PHASE-I) is a premier residential project located in the heart of Sector 82A, Village Shikohpur, Gurugram. This expansive development spans over 7.50 acres and features a total of 151 meticulously designed apartments, offering a variety of configurations including 1 BHK, 2 BHK, and 3 BHK units. The project is currently under construction, with an expected possession date in the third quarter of 2022.
The project is designed with modern living in mind, featuring spacious layouts and high-quality finishes. Residents will enjoy a range of amenities, including landscaped gardens, recreational areas, and secure parking. The location is strategically chosen for its proximity to major highways, educational institutions, and healthcare facilities, making it an ideal choice for families and professionals alike.
SOVEREIGN NEXT (PHASE-I) is not just a home; it's a lifestyle choice that promises comfort, convenience, and community. With its focus on quality construction and thoughtful design, this project is set to become a landmark in the region.
What is SOVEREIGN NEXT (PHASE-I)?
SOVEREIGN NEXT (PHASE-I) is a residential project located in Sector 82A, Village Shikohpur, Gurugram, offering a variety of apartment types including 1 BHK, 2 BHK, and 3 BHK units.
What is the expected possession date?
The expected possession date for SOVEREIGN NEXT (PHASE-I) is in the third quarter of 2022.
What amenities are available in the project?
The project features landscaped gardens, recreational areas, and secure parking for residents.
How many towers are there in the project?
SOVEREIGN NEXT (PHASE-I) consists of 5 towers.
What are the key transit points nearby?
The project is strategically located near major highways, educational institutions, and healthcare facilities.
Is the location residentially well-connected?
Yes, the project is situated in a well-developed residential area with a strong community.
Is SOVEREIGN NEXT (PHASE-I) a good investment opportunity?
With its prime location, quality construction, and modern amenities, SOVEREIGN NEXT (PHASE-I) presents a promising investment opportunity in the growing real estate market of Gurugram.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 3 2022
- Project Span: 7.50 Acres
- No of Towers: 5
- Total No of Units: 151
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Sovereign Next (Phase-I)
- Address: Sector 82A, Village Shikohpur, Gurugram, Haryana
- Sector: Sector 82A
- Locality: Shikohpur
- City: Gurugram, Haryana
- Builder: VATIKA LIMITED
RERA Authority
Haryana Real Estate Regulatory Authority
RERA Registration Number
RERA-GRG-PROJ-501-2019
Project
Neighborhood
Project Video
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VATIKA LIMITED
- No of Complaints: Not Available
- States (Active in): Gurugram, Haryana, Rajasthan
Introduction
When considering a real estate investment, understanding a builder's reputation is crucial. In this blog post, we delve into Vatika Limited, a prominent builder operating in various states, including Gurugram and Rajasthan. With the backdrop of numerous legal complaints, let’s explore the outcomes of these cases to better inform potential buyers.
Overview of Vatika Limited
Number of Complaints: 829 Cases Won: 114 Cases Lost: 715 States with Projects: Gurugram, Haryana, Rajasthan
Analysis of Legal Cases
Cases Lost
Surprisingly, out of 829 complaints, Vatika Limited lost a significant majority, tallying 715 lost cases. An analysis of these lost cases reveals some telling patterns:
- Lack of Jurisdiction Claims: A recurring theme in cases lost includes disputes over jurisdiction, where the adjudicating officer often upheld the authority’s jurisdiction to hear the case.
- Pre-Deposit Failures: Many cases resulted in dismissal due to the builder’s failure to make mandatory pre-deposits required by the Real Estate (Regulation and Development) Act of 2016.
- Issues with Delivering Possession: Numerous cases centered around the inability of the builder to deliver possession of units on time, highlighting a consistent failure in fulfilling promises to buyers.
- Misrepresentation Claims: Some complainants alleged that the builder concealed material facts or misrepresented aspects of the units, which led to dissatisfaction and subsequent legal battles.
- Delayed Projects: A significant number of cases related to projects labeled as abandoned or significantly delayed, causing complainants to seek refunds, clearly indicating issues in project execution.
Cases Won
In stark contrast, Vatika Limited also won 114 cases. A closer look at these successful outcomes suggests the following:
- Withdrawal of Appeals: A notable portion of wins involved complainants withdrawing their appeals, often following settlements, indicating that sometimes issues can be amicably resolved.
- Claims of Non-Entitlement: Many cases were won based on decisions where the Tribunal ruled that complainants were not entitled to the relief sought, often because of contractual stipulations not being met.
- Precedent on … Read more
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