Frequently Asked Questions
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Vimal Square
Others, Ratnagiri, Maharashtra
SAMRUDDHI DEVELOPERS
VIMAL SQUARE is a premier retail and serviced apartment project located in the heart of Ratnagiri, Maharashtra. This project is designed to cater to the modern lifestyle, offering a unique blend of shopping and residential experiences. The project features a total of 12 units, including 1BHK and 2BHK serviced apartments, ensuring comfort and convenience for residents.
The project is strategically located to provide easy access to local amenities, including shopping centers, restaurants, and recreational facilities. The design emphasizes open spaces and modern architecture, creating a vibrant atmosphere for both shoppers and residents.
VIMAL SQUARE is equipped with essential infrastructure, including a reliable power supply, water management systems, and fire safety measures, ensuring a safe and sustainable living environment. The project is set to be completed by Quarter 3 of 2025, making it an ideal investment opportunity for those looking to capitalize on Ratnagiri's growing commercial landscape.
What is VIMAL SQUARE?
VIMAL SQUARE is a retail and serviced apartment project located in Ratnagiri, Maharashtra, offering a unique blend of shopping and residential experiences.
What types of units are available?
The project offers 1BHK and 2BHK serviced apartments, designed for comfort and convenience.
Where is VIMAL SQUARE located?
VIMAL SQUARE is located in the heart of Ratnagiri, Maharashtra, providing easy access to local amenities.
What are the nearby facilities?
The project is close to shopping centers, restaurants, and recreational facilities, making it a prime location for residents.
When is the expected completion date?
VIMAL SQUARE is expected to be completed by Quarter 3 of 2025.
Is this a good investment opportunity?
Yes, with its strategic location and modern amenities, VIMAL SQUARE presents a promising investment opportunity in Ratnagiri's growing commercial sector.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall + Serviced Apartment
- Flat Type: 1BHK, 2BHK
- Project Status: New Launch
Project Details
- Possession Date: Quarter 3 2025
- Project Span:
- No of Towers:
- Total No of Units: 12
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Vimal Square
- Address: Ratnagiri, Maharashtra, Maharashtra
- Sector: Others
- Locality: Others
- City: Ratnagiri, Maharashtra
- Builder: SAMRUDDHI DEVELOPERS
RERA Authority
Maharashtra Real Estate Regulatory Authority
RERA Registration Number
P52800034058
Project
Neighborhood
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SAMRUDDHI DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Maharashtra
Introduction
In the world of real estate, the reputation of a builder can greatly influence prospective buyers' decisions. SAMRUDDHI DEVELOPERS, a builder active in Maharashtra, has faced a considerable amount of scrutiny based on the number of legal cases filed against them. This blog aims to explore vital insights regarding their legal history, the implications for potential buyers, and overall assessment of their operational conduct.
Legal Background of SAMRUDDHI DEVELOPERS
SAMRUDDHI DEVELOPERS has a significant track record in legal engagements, with a total of 70 complaints against them. Out of these, the builder has managed to win only 2 cases, while 68 cases resulted in losses. This stark contrast highlights a troubling trend suggesting various issues in their business practices.
Analysis of Legal Cases
Patterns in Lost Cases
- Frequent Non-Compliance: A common thread in the majority of the lost cases is an apparent lack of compliance from the respondents (often contractors). Many cases involve the appellants seeking payment or compliance, with the respondent failing to adhere to tribunal orders, leading to loss for SAMRUDDHI DEVELOPERS.
- Repeated Requests for Extensions: Multiple instances show that appellants often seek additional time to serve legal documents or comply with tribunal mandates. The standing over of cases suggests a prolonged dispute without resolution, suggesting a systematic issue within the builder's administrative processes or project execution timelines.
- Financial Discrepancies: Relevant to numerous cases is the appellants’ claims regarding the payment of outstanding debts, indicating that financial disputes may plague many of their projects. Respondent absence and non-compliance exacerbate these financial concerns, contributing to the losses encountered by SAMRUDDHI DEVELOPERS.
Patterns in Won Cases
- Procedural Stands: The two cases won by SAMRUDDHI DEVELOPERS involved the appellants seeking extensions for procedural compliance rather than substantial claims. The cases primarily highlighted administrative delays rather than disputes on the actual project delivery or quality.
- Reliance on Tribunal Authority: The builder's success … Read more
