Trilok Developers Launches RERA-Registered Residential Project in Pushpak, Panvel

The residential project, Trilok, is being developed by Trilok Developers in the Pushpak area of Panvel. The project is registered under the RERA act of Maharashtra with the registration ID P52000047817. The estimated date of completion for the project is December 31, 2023.

Location Insights:

Pushpak is a village in the Maharashtra district of Panvel. It is well-known for its strategic location, which provides easy access to the city's major commercial districts. A number of reputable educational institutions, healthcare facilities, and recreational centres are located in the area. Pushpak is located in the state of Maharashtra, which has been at the forefront of real estate regulation in India, implementing the Real Estate (Regulation and Development) Act of 2016 (RERA) to protect homebuyers' rights and boost the real estate sector. This ensures that real estate projects in the state, including Trilok in Pushpak, comply with regulations and offer buyers greater protection.

Promoters and Project Details:

Trilok  is being promoted by Trilok Developers. The partners of the development company are Nilesh Bhachu Gami and Ramji Bhikhabhai Karaniya.

It is being developed on land owned by an individual named Saikiran Enterprises. The type of agreement between the developer and the landowner is a revenue share agreement.

Technical Details as per MahaRERA:

Trilok is located on plot bearing number 206. It is bounded by plot number 205 to the east, plot number 207 to the west, a 9-meter wide road to the north, and plot number 19 to the south. It has been planned with one building, which has been sanctioned by Rera act of Maharashtra. There is no recreational open space in the project as per the sanctioned plan. The development plan is yet to be sanctioned by the Municipal Corporation of Greater Mumbai (MCGM).

The FSI of the project applied for registration is 283.76 which has been sanctioned by the MahaRERA authority

Building Details of the Project:

Trilok is a residential development consisting of one building named "Trilok". The total plot area is 189.91 square meters. The building has a single plinth, no podiums, one stilt, and four sanctioned floors, including one basement. It provides one open parking space and three closed parking spaces for residents.

The Trilok project offers a variety of apartment types, with carpet areas ranging from 10.65 square meters to 23.68 square meters. The development includes one shop with a carpet area of 10.65 square meters, two 1RK apartments with carpet areas of 16.15 square meters each, and four 1BHK apartments with carpet areas of 19.77 square meters and 23.68 square meters. It provides a range of living spaces to suit the needs of different buyers.

Facilities and Amenities:

Trilok offers a number of facilities and amenities to its residents. These include water conservation and rainwater harvesting, an electrical meter room, sub-station, and receiving station. The project also provides water supply, sewerage (including a chamber, lines, septic tank, and STP), and open parking. Other amenities include landscaping and tree planting, solid waste management and disposal, and street lighting. Overall, the project has been planned to provide a comfortable and convenient living environment for its residents.

Experts Working on the Project:

It is being developed by a team of professional experts, including EDGE Architects as the architect, Kankotiya & Co as the chartered accountant, and B S Sukthankar & Associates as the engineer. This team of experienced professionals is responsible for ensuring the successful planning and execution of the project.

Litigation Records:

This project currently has no litigation records.

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RERA stands for Real Estate Regulatory Authority and is the Government body for regulating Real Estate Developers and Agents (Brokers) It came into existence in 2016 and aims to protect the interest of property buyers. Every under-construction property must obtain RERA certificate and disclose a completion date before selling units to property buyers/investors. In India, each state has its own laws governing real estate. MahaRERA is the regulatory body for Maharashtra (Maharashtra Real Estate Regulation & Development Authority)

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