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Venkat Ne 1 is a promising residential project located in the prime area of Sec 49, Chennai, designed to offer a blend of modern living and sustainable practices. The project features a variety of apartments including 1 BHK, 2 BHK, and 3 BHK units, catering to diverse family needs.
The development emphasizes eco-friendly living with integrated infrastructure that includes a centralized sewage treatment plant (STP) for effective waste management, ensuring a clean and sustainable environment. Additionally, the project incorporates solid waste segregation areas and organic waste converters to promote responsible waste disposal.
Residents will benefit from water conservation efforts, including rainwater harvesting systems that recharge pits, providing a sustainable source of water. Energy management is also a key aspect, with the use of LED lighting and timer control panels to enhance energy efficiency. Comprehensive fire safety systems are integrated to ensure the safety of all residents.
Located in a well-connected area, Venkat Ne 1 offers easy access to major roads, educational institutions, healthcare facilities, and shopping centers, making it an ideal choice for families seeking convenience and comfort. The project is set to be completed by Quarter 2 of 2025, making it a timely investment opportunity for those looking to settle in Chennai.
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Venkat Ne 1 is a residential project located in Sec 49, Chennai, offering a range of apartments including 1 BHK, 2 BHK, and 3 BHK units.
The project offers 1 BHK, 2 BHK, and 3 BHK apartments designed for modern living.
Venkat Ne 1 includes a centralized sewage treatment plant (STP), solid waste segregation areas, organic waste converters, rainwater harvesting systems, and energy-efficient lighting.
The project is situated in a prime area of Chennai with easy access to major roads, educational institutions, healthcare facilities, and shopping centers.
The expected possession date for Venkat Ne 1 is Quarter 2 of 2025.
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Poomalai Housing Private Limited is a builder based primarily in Tamil Nadu, India. As a significant player in the real estate market, understanding the builder’s performance and history is crucial for potential home buyers. This blog aims to provide a detailed overview of Poomalai Housing, including relevant legal cases, common trends, and tips for buying property.
Poomalai Housing has faced a total of three complaints, and troublingly, they have lost all three cases filed against them. Legal disputes often hint at deeper issues within management practices and quality assurance, warranting a closer look at the underlying factors.
The appellants in all three cases claimed that Poomalai Housing failed to adhere to the Joint Development Agreement (JDA), which entails essential responsibilities such as registering projects with the Tamil Nadu Real Estate Regulatory Authority (TNRERA), timely payments to local authorities, and maintaining construction quality.
The builders defended themselves by suggesting that the complainants were also promoters, thus asserting that the dispute fell beyond TNRERA's jurisdiction. Despite these claims, the TNRERA consistently found in favor of the complainants, emphasizing the need for Poomalai Housing to meet the outlined obligations—including ensuring project completion within 18 months of building permission and compliance with all terms of the JDA.
The cases Poomalai Housing lost demonstrate a recurring theme of non-compliance with contractual obligations stated in the JDA. A critical issue highlighted across all cases includes the failure to register the project with TNRERA and the alleged use of inferior construction materials. This pattern raises concerns about quality control and adherence to regulatory requirements.
Intriguingly, while there were no cases won by Poomalai Housing, the persistent defense strategy used was centered around jurisdictional claims. The company maintained that the legal complaints came from individuals with dual roles as … Read more
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