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Vgn Fairmont
Thiru.Vi.Ka. Industrial Estate, Chennai, Tamilnadu
VGN PROJECTS ESTATES PRIVATE LIMITED
VGN Fairmont is a premier residential project located in the serene Thiru.Vi.Ka. Industrial Estate of Alandur Village, Chennai. This project is designed to offer a harmonious blend of modern living and natural beauty, featuring 8 blocks with a combined double basement floor and a variety of apartment types including 1 BHK, 2 BHK, and 3 BHK units. Each apartment is crafted with attention to detail, ensuring a luxurious living experience.
The project emphasizes sustainable living with advanced infrastructure, including a centralized sewage treatment plant (STP) for effective waste management, rainwater harvesting systems to promote water conservation, and energy-efficient LED lighting throughout the premises. Residents will also benefit from comprehensive fire safety systems, ensuring a safe and secure environment.
VGN Fairmont is strategically located with easy access to major highways and essential amenities, making it an ideal choice for families and professionals alike. The project is set within a well-planned community, offering a range of recreational facilities and services that cater to the needs of modern living.
What is VGN Fairmont?
VGN Fairmont is a residential project located in Alandur Village, Chennai, offering a variety of apartment types including 1 BHK, 2 BHK, and 3 BHK units.
What types of apartments are available?
The project offers 1 BHK, 2 BHK, and 3 BHK apartments designed for modern living.
What infrastructure is integrated into the project?
VGN Fairmont features a centralized sewage treatment plant (STP) for waste management, rainwater harvesting systems, and energy-efficient LED lighting.
What amenities are offered at VGN Fairmont?
The project includes recreational facilities and services designed for a modern lifestyle.
How is the location of VGN Fairmont?
The project is strategically located with easy access to major highways and essential amenities.
Is VGN Fairmont a good investment?
Yes, VGN Fairmont offers a blend of luxury living and sustainable infrastructure, making it a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Apartment
- Flat Type: 1 BHK, 2 BHK, 3 BHK
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 1 2025
- Project Span: 10.02 Acres
- No of Towers: 8
- Total No of Units: 1559
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Vgn Fairmont
- Address: Alandur Village, Thiru.Vi.Ka. Industrial Estate, Chennai, Tamilnadu
- Sector: Alandur Village
- Locality: Thiru.Vi.Ka. Industrial Estate
- City: Chennai, Tamilnadu
- Builder: VGN PROJECTS ESTATES PRIVATE LIMITED
RERA Authority
Tamil Nadu Real Estate Regulatory Authority
RERA Registration Number
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VGN PROJECTS ESTATES PRIVATE LIMITED
- No of Complaints: Not Available
- States (Active in): Tamil Nadu
Introduction
In the dynamic landscape of real estate, understanding the track record of builders is crucial for potential homebuyers. This blog post delves into the performance and legal history of VGN Projects Estates Private Limited, a builder primarily active in Tamil Nadu.
Overview of VGN Projects Estates Private Limited
VGN Projects Estates Private Limited has been involved in the creation of housing projects in Tamil Nadu. However, their legal history raises some concerns worth discussing for prospective buyers.
Legal Case Insights
Cases Filed
VGN Projects has faced legal scrutiny, with a total of 1 complaint registered against the builder. The key details of this legal case are summarized below:
- Complainant's Claim: The complainant sought possession of a flat and compensation for delays in possession.
- Builder's Response: The builder contended that the complainant had only settled 75% of the total payment due and requested the balance payment before handing over the flat.
- Verdict: The authority ruled in favor of the respondent, instructing the builder to deliver the flat once the balance payment was made, as stipulated in the construction agreement.
Analysis of Legal Cases
Patterns in Lost Cases:VGN Projects lost the case primarily due to issues of payment. The core of the complaint stemmed from the builder's insistence on full payment before possession, which indicates a sensitivity in financial dealings and a pressure point for customers. This pattern highlights the importance of clear communication and transparency concerning payment structures at the onset of any real estate transaction.
Patterns in Won Cases:In the single case that the builder won, the judgment upheld standard industry practices regarding payment and possession clauses. The ruling suggests that adherence to contractual obligations is vital, and the authority balanced the complainant's demands against the contractual obligations of the builder. This underscores a common defense scenario builders might employ to fortify their position in similar cases.
Conclusion
Based on the provided data, … Read more
