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Swapna Vastu
Others, Nashik, Maharashtra
KRISHNA DEVELOPERS
Swapna Vastu is a promising residential project located in Nashik, Maharashtra, designed to offer a harmonious blend of modern living and natural beauty. The project spans 2.5 acres and features two elegantly designed towers, providing a total of 105 units. Residents can choose from well-crafted 1 BHK and 2 BHK apartments, each meticulously designed to ensure maximum comfort and functionality.
The project emphasizes sustainable living with features such as rainwater harvesting systems, ensuring a consistent supply of clean water for residents. The infrastructure is designed to support a community-centric lifestyle, with ample green spaces and recreational areas for families to enjoy.
Swapna Vastu is strategically located in Nashik, providing easy access to essential amenities including schools, hospitals, and shopping centers. The project is well-connected to major roadways, making commuting convenient for residents. With its focus on quality construction and thoughtful design, Swapna Vastu is an ideal investment for those seeking a serene yet connected living environment.
What is Swapna Vastu?
Swapna Vastu is a residential project located in Nashik, Maharashtra, offering 1 BHK and 2 BHK apartments.
What is the size range of the apartments?
The apartments range from 30.7 to 39.9 Sq.Mts.
Where is Swapna Vastu located?
The project is located in Nashik, Maharashtra.
What amenities are nearby?
The project is close to schools, hospitals, and shopping centers.
What sustainable features does the project offer?
Swapna Vastu includes rainwater harvesting systems for water conservation.
Is Swapna Vastu a good investment?
Yes, with its strategic location and quality construction, Swapna Vastu is a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type: 1 BHK, 2 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2023
- Project Span: 2.5 Acres
- No of Towers: 2
- Total No of Units: 105
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Swapna Vastu
- Address: Nashik, Maharashtra, Maharashtra
- Sector: Others
- Locality: Others
- City: Nashik, Maharashtra
- Builder: KRISHNA DEVELOPERS
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P51600011487
Project
Neighborhood
Project Video
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KRISHNA DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat, Maharashtra
Introduction
In the landscape of real estate development, buyers aspire to find trustworthy builders who honor their commitments and deliver quality projects on time. Krishna Developers, a builder operating in the states of Gujarat and Maharashtra, presents a case worth examining, particularly regarding their legal standing and customer satisfaction.
Legal Standing of Krishna Developers
Krishna Developers currently faces six complaints, all of which have not favored the builder, leading to a total loss of six cases. The nature of complaints against them revolves primarily around regulatory compliance, particularly in relation to the Real Estate (Regulation and Development) Act of 2016. The consistent loss in legal battles raises concerns about the builder’s credibility and operational transparency.
Summary of Legal Cases
In the complaints filed against Krishna Developers, the verdicts depict a pattern where they have repeatedly failed to comply with statutory requirements. Here are the key details:
- Non-Submission of Audit Reports: The Gujarat Real Estate Regulatory Authority held Krishna Developers accountable for not submitting the annual audit report for the project 'Setu Heights' on time, resulting in a Rs. 40,000 fine.
- Violations of Advertisement Regulations: The builder faced multiple sanctions for not including their RERA registration number and website in the project advertisements. These cases resulted in fines of Rs. 1,25,000 and Rs. 10,000.
- Withdrawal of Complaints: Some cases were marked as withdrawn, indicating that not all issues may have not reached a verdict due to incompletion or resolution outside the court.
- Delay Condonation: In other instances, delays in project timelines have been acknowledged, with clarifications that costs would be incurred for condoning such delays. In two separate cases, the builder agreed to condone delays upon payment of Rs. 1,500 in costs.
Patterns in Legal Challenges
Common Factors in Lost Cases
- Regulatory Non-compliance: The majority of cases against Krishna Developers revolve around failing to adhere to the RERA guidelines, highlighting a critical gap … Read more
