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Home > Forum > Greater Noida > Sector PI I & II > Builder Review > What is the future of Parsvnath Palacia?

What is the future of Parsvnath Palacia?

Q: I am staying close to the Parsvnath Palacia site. After a day night dharna in 2010 by some of us at their Barakhamba Road office,we were assured of possession by March 2012 by Dr. Rajeev Jain, Director Parsvnath.Works commenced for few days and then stopped some where around Diwali 2010 and then never started again. It is very scary to see the ground reality-virtually no progress. Literally we are being cheated. I would also like to join the group for any action deemed appropriate. Siddharth.

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Replies (4)
1
What is the current status of this project? Any progress in construction work.
Kamal


2
You can start a discussion over here with other worried buyers. Join the Parsvnath Palacia owners' group on http://www.commonfloor.com/parsvnath-palacia-greater%20noida/povp-yr670g and share your grievances. Wait for the moderator's approval before initiating any discussion.
Ruchi Mishra


3
I think the work has stopped due to the land acquisition cases which were in news early this year against renowned developers in Noida. They have to pay heavy compensation to farmers whose land they have acquired.
Gaurav Malik


Fortunately Parsvnath projects at Gr Noida (Priviledge as well as Palacia) are not affected.They never took off from the day one itself
captsids,  
6th December 2011


4
Hi Siddharth, I would suggest make a group of other buyers worried with the same problem and file a case in the consumer court or try bringing the developer to limelght so that other buyers would not invest in such projects.
Sunil Sharma


Thanks Sunil.Great idea.May I request other aggrieved Palacia buyers to come together. Available on captsids@gmail.com and mobile 9868041301. Siddharth
captsids,  
6th December 2011


5

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