Frequently Asked Questions
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Yash Plaza
Others, Gandhinagar, Gujarat
RIDDHI BUILDCON
Yash Plaza is a premier commercial project located in the heart of Gandhinagar, designed to cater to the growing demand for retail and office spaces. The project spans an area of 2,959 square meters and features a total of 93 units, ranging from small shops to larger office spaces, ensuring a diverse range of options for businesses.
The project emphasizes modern infrastructure and sustainability, incorporating advanced systems for energy management, including LED lighting and timer control panels for energy efficiency. Additionally, Yash Plaza is equipped with comprehensive fire safety systems, ensuring the safety of all occupants.
Strategically located, Yash Plaza offers excellent connectivity to major highways and is in proximity to key landmarks, making it an ideal investment for businesses looking to thrive in a bustling commercial environment. The project is currently under construction, with possession expected in the fourth quarter of 2018, making it a timely opportunity for investors and businesses alike.
What is Yash Plaza?
Yash Plaza is a modern commercial project located in Gandhinagar, offering a variety of retail and office spaces designed to meet the needs of businesses.
What types of units are available?
The project features a total of 93 units, ranging from small shops to larger office spaces.
What infrastructure is integrated into the project?
Yash Plaza includes energy-efficient LED lighting, timer control panels, and comprehensive fire safety systems.
How is the location of Yash Plaza beneficial?
The project is strategically located with excellent connectivity to major highways and is close to key landmarks, making it ideal for businesses.
Is Yash Plaza a good investment opportunity?
Yes, with its prime location and modern amenities, Yash Plaza presents a promising investment opportunity for businesses.
Basic Information
- Price Range:
- Property Type: Retail Space-Mall
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2018
- Project Span: 2,959 Sq Mtrs
- No of Towers: 1
- Total No of Units: 93
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Yash Plaza
- Address: Gandhinagar, Gujarat
- Sector: Others
- Locality: Others
- City: Gandhinagar, Gujarat
- Builder: RIDDHI BUILDCON
RERA Authority
Gujarat Real Estate Regulatory Authority
RERA Registration Number
PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/CAA00653/091117
Project
Neighborhood
Project Video
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RIDDHI BUILDCON
- No of Complaints: Not Available
- States (Active in): Gujarat
Introduction
In the world of real estate, choosing the right builder can make or break your investment. Today, we take an in-depth look at Riddhi Buildcon, a builder operating exclusively in Gujarat. With limited legal claims against them, it's essential for potential buyers to understand their track record, including successes and setbacks.
Overview of Riddhi Buildcon
Riddhi Buildcon has been the subject of 1 complaint, leading to an unfavorable outcome. The builder lost the case, while no cases have been won in their favor. This brief legal history raises questions about their operational standards and engagement with regulatory requirements.
Legal Case Details
Summary of the Complaint
The sole complaint against Riddhi Buildcon revolved around their project, Yash Plaza. The appellant claimed that the builder failed to submit quarterly reports as mandated by the Real Estate (Regulation and Development) Act (RERA) and its associated rules. In their defense, Riddhi Buildcon expressed a lack of awareness regarding the new law and expressed regret for their oversight. However, the authority deemed their explanation insufficient, imposing a penalty of Rs. 50,000 payable by the builder personally.
Analysis
Patterns in Lost Cases
Riddhi Buildcon's performance in this case provides insight into possible operational shortcomings. The company’s loss stemmed from non-compliance with regulatory requirements, particularly related to quarterly reporting obligations. Such a lapse indicates a potential deficiency in management systems or a lack of awareness about industry regulations.
Patterns in Winning Cases
Notably, Riddhi Buildcon has not won any cases to date. This lack of victories suggests persistent challenges in adhering to contractual and regulatory frameworks, positioning them at risk when facing complaints or legal challenges.
Conclusion
Based on the provided data, Riddhi Buildcon emerges as a builder with a concerning legal history. The single complaint leading to a loss emphasizes potential issues regarding compliance with industry norms, raising red flags for potential buyers.
Tips for Potential Buyers
- Conduct Thorough Research: … Read more
