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Town Square-2
Shikohpur, Gurugram, Haryana
VATIKA LIMITED
Town Square-2 is a promising residential project located in the serene locale of Village Shikohpur, Sector 82, Gurgaon. Developed by Vatika Limited, this project spans over 1.60 acres and features a total of 186 units, offering a variety of 1 BHK and 2 BHK apartments designed for modern living. The project is currently under construction, with possession expected in the fourth quarter of 2022.
The project emphasizes a community-centric lifestyle, providing residents with essential amenities and facilities. The strategic location ensures easy access to major highways, educational institutions, healthcare facilities, and shopping centers, making it an ideal choice for families and professionals alike.
Town Square-2 is designed with modern infrastructure and sustainability in mind, featuring energy-efficient systems and provisions for waste management. The project also includes landscaped gardens, recreational areas, and security features to ensure a safe and enjoyable living environment.
Investing in Town Square-2 not only offers a chance to own a home in a developing area of Gurgaon but also promises a lifestyle enriched with comfort and convenience.
What is Town Square-2?
Town Square-2 is a residential project located in Sector 82, Gurgaon, developed by Vatika Limited.
What types of apartments are available?
The project offers 1 BHK and 2 BHK apartments designed for modern living.
Where is Town Square-2 located?
The project is located in Village Shikohpur, Sector 82, Gurgaon.
What are the nearby amenities?
The project is close to major highways, educational institutions, healthcare facilities, and shopping centers.
When is the expected possession date?
The expected possession date is in the fourth quarter of 2022.
What is the price range for the apartments?
The price range for the apartments is not specified in the provided data.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2022
- Project Span: 1.60 Acres
- No of Towers: 2
- Total No of Units: 186
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Town Square-2
- Address: Sector 82, Village Shikohpur, Gurgaon, Haryana
- Sector: Sector 82
- Locality: Shikohpur
- City: Gurugram, Haryana
- Builder: VATIKA LIMITED
RERA Authority
Haryana Real Estate Regulatory Authority
RERA Registration Number
RERA-GRG-PROJ-297-2019
Project
Neighborhood
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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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