Frequently Asked Questions
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Wit Isa Firm
Others, Chennai, Tamilnadu
PRESTIGE ESTATES PROJECT LIMITED
Wit isa firm is a premier retail space located in the heart of Chennai, designed to cater to the city's vibrant shopping culture. This project is under construction, with an expected possession date in Quarter 2 of 2020. The development features a modern mall layout, providing ample space for various retail outlets, ensuring a bustling consumer environment.
The project emphasizes contemporary architecture and functionality, making it an ideal destination for shoppers and investors alike. With a focus on creating a lively community space, Wit isa firm will host a variety of retail stores, dining options, and entertainment venues, ensuring a rich experience for visitors.
In terms of infrastructure, the project is committed to sustainability and modern living. It will incorporate advanced systems for waste management, energy efficiency, and water conservation, contributing to a greener environment. The fire safety measures will be comprehensive, ensuring the safety of all occupants.
Located strategically, Wit isa firm will offer excellent connectivity to major roads and public transport, making it accessible to a wide audience. The project is set to become a landmark in Chennai's retail landscape, promising significant investment potential for businesses and investors.
What is Wit isa firm?
Wit isa firm is a premier retail space located in Chennai, designed for modern shopping and entertainment.
What is the expected possession date?
The expected possession date for Wit isa firm is Quarter 2 of 2020.
What infrastructure features will the project include?
The project will include advanced systems for waste management, energy efficiency, and water conservation, along with comprehensive fire safety measures.
How accessible is Wit isa firm?
Wit isa firm is strategically located with excellent connectivity to major roads and public transport, making it easily accessible.
Is Wit isa firm a good investment opportunity?
Yes, Wit isa firm is set to become a landmark in Chennai's retail landscape, promising significant investment potential for businesses and investors.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 2 2020
- Project Span:
- No of Towers:
- Total No of Units:
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Wit Isa Firm
- Address: Chennai, Tamilnadu
- Sector: Others
- Locality: Others
- City: Chennai, Tamilnadu
- Builder: PRESTIGE ESTATES PROJECT LIMITED
RERA Authority
RERA Registration Number
Project
Neighborhood
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PRESTIGE ESTATES PROJECT LIMITED
- No of Complaints: Not Available
- States (Active in): Karnataka, Tamil Nadu
Understanding Prestige Estates Project Limited: A Comprehensive Overview
Prestige Estates Project Limited is a prominent player in the real estate sector, particularly known for its activities in Tamil Nadu and Karnataka. However, with a significant number of complaints filed against the builder, it's crucial to analyze their track record and assess what potential buyers should consider when looking to invest in one of their properties.
Builder Overview
- Name: Prestige Estates Project Limited
- Number of Complaints: 214
- Cases Won: 79
- Cases Lost: 135
- States with Projects: Tamil Nadu, Karnataka
Legal Case Details
Cases Where the Builder Lost
Out of the total complaints, Prestige Estates has prominently lost 135 cases. Here are some common themes observed in these cases:
- Delay in Possession: A large number of complaints were filed due to delayed possession of apartments. Buyers frequently claimed compensation for the extensive delays in handing over their respective properties.
- Quality of Construction: Several clients mentioned issues related to structural integrity and finishing of apartments, including problems like cracks in walls and poor wall finishing, leading to dissatisfaction among homeowners.
- Failure to Provide Amenities: Complaints also highlighted instances where promised amenities were either downgraded or not delivered at all, disappointing buyers who expected certain standards.
- Financial Disputes: There were cases where the builder and the clients disagreed on financial matters such as compensation for delays and whether the builder had justified the collected amounts versus the amenities provided.
Cases Where the Builder Won
In contrast, Prestige Estates successfully won 79 cases, which indicates some strengths in their operational and legal strategies. Common aspects noted in these cases include:
- Settlement Agreements: Many of the cases concluded with the parties reaching amicable settlements, emphasizing a tendency for negotiations rather than prolonged legal battles. The builder’s ability to settle disputes amicably appears to play a role in favorable outcomes.
- Validity of Claims: Builders often won based on the arguments that the complaints were not … Read more
