Frequently Asked Questions
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Tower-4 & Tower-5 (The Royal Meridian)
Pakhowal Road, Ludhiana, Punjab
OMAXE LIMITED
Tower-4 & Tower-5 (The Royal Meridian) is a premier residential project located in the serene surroundings of Village Thakarwal & Dad, Ludhiana. This project is designed to offer a luxurious living experience with modern amenities and a focus on sustainability. The project features two towers, each comprising 21 floors, providing a total of 80 residential units. The available flat types include spacious 4 BHK and 5 BHK apartments, catering to the needs of families seeking comfort and elegance.
The project is strategically located with easy access to major roads and essential services, ensuring convenience for residents. The area is well-connected to educational institutions, healthcare facilities, and shopping centers, making it an ideal choice for families.
In terms of infrastructure, the project emphasizes modern living with features such as a centralized sewage treatment plant (STP) for effective waste management, rainwater harvesting systems for water conservation, and energy-efficient LED lighting throughout the premises. Additionally, the project includes comprehensive fire safety systems to ensure the safety of all residents.
With a focus on quality living and sustainable practices, Tower-4 & Tower-5 (The Royal Meridian) is not just a home; it’s a lifestyle choice that combines luxury, comfort, and eco-friendly living. The project is expected to be ready for possession in Quarter 2 of 2024, making it a timely investment opportunity for those looking to secure a place in this vibrant locality.
What is Tower-4 & Tower-5 (The Royal Meridian)?
Tower-4 & Tower-5 (The Royal Meridian) is a residential project located in Village Thakarwal & Dad, Ludhiana, offering 4 BHK and 5 BHK apartments designed for luxury and comfort.
What is the possession date of the project?
The project is expected to be ready for possession in Quarter 2 of 2024.
What infrastructure features are included in the project?
The project includes a centralized sewage treatment plant (STP) for waste management, rainwater harvesting systems, and energy-efficient LED lighting.
What amenities are offered in Tower-4 & Tower-5 (The Royal Meridian)?
The project features amenities such as a swimming pool, gymnasium, and landscaped common areas.
How is the location of Tower-4 & Tower-5 (The Royal Meridian)?
The project is strategically located with easy access to major roads, educational institutions, healthcare facilities, and shopping centers.
Is Tower-4 & Tower-5 (The Royal Meridian) a good investment opportunity?
Yes, the project is located in a growing area with a demand for quality residential spaces, making it a timely investment opportunity.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 4 BHK, 5 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2024
- Project Span: 1.72 Acres
- No of Towers: 2
- Total No of Units: 80
- Total Floors: 21
- Project Density:
Location & Builder
- Project Name: Tower-4 & Tower-5 (The Royal Meridian)
- Address: Village Thakarwal & Dad, Pakhowal Road, Ludhiana, Punjab
- Sector: Village Thakarwal & Dad
- Locality: Pakhowal Road
- City: Ludhiana, Punjab
- Builder: OMAXE LIMITED
RERA Authority
Punjab Real Estate Regulatory Authority
RERA Registration Number
PBRERA-LDH45-PR0031
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OMAXE LIMITED
- No of Complaints: Not Available
- States (Active in): Haryana, Himachal Pradesh, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh
Understanding Omaxe Limited: Legal Encounters and Buyer Insights
In the competitive landscape of real estate in India, Omaxe Limited stands out as a prominent builder with projects across multiple states, including Uttar Pradesh, Himachal Pradesh, Haryana, Madhya Pradesh, Rajasthan, and Punjab. However, the company’s legal history reveals a complex relationship with its customers, characterized by a significant number of complaints and legal disputes. This blog aims to provide an overview of Omaxe Limited's legal dealings, analyze patterns in its successes and failures, and offer guidance for potential buyers considering purchasing from this builder.
Overview of Legal Encounters
According to the provided data, Omaxe Limited has faced a total of 299 complaints. Out of these, it has been victorious in 217 cases but has also lost 82 cases. The distribution of cases further indicates that the legal battles have taken various forms, resulting in different outcomes based on the nature of the complaints.
Cases Lost by Omaxe Limited
Analysis of the cases lost by Omaxe Limited (82 in total) reveals several key patterns:
- Settlement Withdrawal: A recurring theme in multiple cases is the withdrawal of appeals after settlements have been reached. In at least six instances, appellants sought to withdraw appeals, often after an agreement was reportedly made between the parties involved. This indicates a tendency to settle disputes amicably after legal proceedings have commenced.
- Regulatory Compliance Issues: Several of the cases involved claims where Omaxe argued that the authority lacked jurisdiction or that the project needed not be registered. However, the appellate tribunal upheld the authority’s jurisdiction, leading to unfavorable outcomes for Omaxe. The applications of the Real Estate (Regulation and Development) Act, 2016, have frequently been cited against them, reflecting a struggle in adapting to regulatory frameworks.
- Complaint Dismissals: Many complaints were dismissed based on procedural grounds, such as unregistered projects, indicating that either the projects in … Read more
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