Frequently Asked Questions
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Vinayak Park
Others, Ujjain, Madhyapradesh
VINAYAK DEVELOPERS
VINAYAK PARK is a promising residential project located in the heart of Ujjain, Madhya Pradesh. This project is designed to offer a blend of modern living and traditional charm, making it an ideal choice for families and individuals looking for a serene yet connected lifestyle. The project spans a total area and features 195 residential plots, each meticulously planned to provide ample space for future homes. The strategic location of VINAYAK PARK ensures easy access to essential amenities such as schools, hospitals, shopping centers, and public transport, catering to the needs of its residents.
The project emphasizes sustainable living with features that promote eco-friendly practices. Residents can enjoy a peaceful environment while being close to the city's bustling activities. The project is currently under construction, with possession expected in the fourth quarter of 2023. This makes it a great investment opportunity for those looking to build their dream home in a vibrant city like Ujjain.
VINAYAK PARK is not just about plots; it’s about creating a community where families can thrive. The project is designed with a focus on quality and durability, ensuring that the homes built here will stand the test of time. Whether you are a first-time buyer or looking to upgrade, VINAYAK PARK offers a chance to own a piece of land in one of the most sought-after locations in Madhya Pradesh.
What is VINAYAK PARK?
VINAYAK PARK is a residential project located in Ujjain, Madhya Pradesh, offering 195 residential plots designed for modern living.
What is the possession date?
The expected possession date for VINAYAK PARK is in Quarter 4 of 2023.
What are the nearby amenities?
The project is strategically located near schools, hospitals, shopping centers, and public transport, ensuring convenience for residents.
Is VINAYAK PARK a good investment?
Yes, with its prime location and the growing demand for housing in Ujjain, VINAYAK PARK presents a promising investment opportunity.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2023
- Project Span:
- No of Towers:
- Total No of Units: 195
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Vinayak Park
- Address: Ujjain, Madhya Pradesh, Mp
- Sector: Others
- Locality: Others
- City: Ujjain, Madhyapradesh
- Builder: VINAYAK DEVELOPERS
RERA Authority
RERA Registration Number
P-UJN-20-2585
Project
Neighborhood
Project Video
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VINAYAK DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
In the ever-evolving world of real estate, choosing the right developer can significantly impact your investment. One such builder operating in Gujarat is Vinayak Developers. This blog post delves into their track record, specifically analyzing their legal disputes, win-loss ratios, and trends observed in their cases.
Overview of Vinayak Developers
Complaints and Cases
- Number of Complaints: 5
- Cases Won: 0
- Cases Lost: 5
- States with Projects: Gujarat
Vinayak Developers has faced several legal challenges, all of which they have lost. With no victories in their legal battles, potential buyers may be compelled to scrutinize this builder's reputation closely.
Legal Case Details
Cases Lost
Vinayak Developers has lost two notable cases. Here are their summaries:
- Case 1: The builder claimed that the project was completed and all necessary occupancy certificates were obtained; however, they failed to submit the final completion certificate to GUJRERA (Gujarat Real Estate Regulatory Authority) within the required timeframe. The authority ruled against them, compelling them to submit the completion certificate.
- Case 2: The builder cited challenges in submitting their annual audit report on time. Nevertheless, the RERA authority imposed a penalty, confirming the builder's failure to adhere to deadlines.
Patterns in Lost Cases
A clear pattern emerges from the cases Vinayak Developers has lost:
- Failure to Comply with Stipulated Time Frames: In both instances, it is evident that the builder struggled to meet crucial deadlines required by regulatory authorities.
- Penalties for Non-Submission: The outcomes consistently resulted in penalties for non-compliance with legal requirements related to project documentation and financial reporting.
Cases Won
While the builder has not won any cases filed directly against them, it is noteworthy that they have faced penalties in cases where they were the respondents. Here’s a summary:
- Case 1: The authority found the promoters at fault for not submitting final project completion reports, leading to financial penalties.
- Case 2: A penalty was imposed for failing to submit a quarterly report and the … Read more
