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Raghunath Mall & Residency mohammad Rating assigned: Haridwar 5-Star
Project Profile
Type of project
Location of project
Type of development
Start date of project
Possession committed to customer as per allotment letter
Total saleable area
Percentage of physical completion as on May 2012
Mixed (Residential + Shopping Mall + Multiplex + Hotel)
Delhi-Haridwar 4 lane Highway NH-58 Bahadrabad,
Haridwar
Bought Out
Residential – April 2010
Shopping Mall + Multiplex + Hotel – June 2010
Residential
Phase I – March 2012
Phase II – December 2012
Shopping Mall + Multiplex + Hotel – June 2013
Residential – 0.3 million sq ft
Shopping Mall + Multiplex + Hotel – 0.25 million sq ft
Residential
Phase I – 60 per cent
Phase II – 25 percent
Shopping Mall + Multiplex + Hotel – 55 per cent
Sponsor Profile
Name of the project
Name & address of the company developing the project
Name of the developer group
Track record in years
Projects developed till date
Ongoing projects
Raghunath Residency & Mall
Lotus Infra Projects Pvt Ltd.
6926, Jaipuria Mills, Clock Tower, Subzi Mandi, Delhi –
110007.
Raghunath Group
6
7 no (0.2 million square feet [sq ft])
3 no (1 million sq ft)
Project Rating Drivers
Project construction quality and amenities o Construction Quality – Structural quality of the project is backed by the track records of the architect (M/s. Design Point, Kanpur) and structural consultant (M/s. Nirman Construction
Company, Kanpur). The project has been designed in conformance with the seismic zone IV requirements. The developer does not provide defect liability for the project. The project is behind schedule and is expected to be delayed. o Amenities: Major amenities for the residential part of the project include children’s play area, badminton court, table tennis court, jogging track, library, and temple. o Location: The project is in proximity to State Infrastructure and Industrial Development
Corporation of
Project Profile
Type of project
Location of project
Type of development
Start date of project
Possession committed to customer as per allotment letter
Total saleable area
Percentage of physical completion as on May 2012
Mixed (Residential + Shopping Mall + Multiplex + Hotel)
Delhi-Haridwar 4 lane Highway NH-58 Bahadrabad,
Haridwar
Bought Out
Residential – April 2010
Shopping Mall + Multiplex + Hotel – June 2010
Residential
Phase I – March 2012
Phase II – December 2012
Shopping Mall + Multiplex + Hotel – June 2013
Residential – 0.3 million sq ft
Shopping Mall + Multiplex + Hotel – 0.25 million sq ft
Residential
Phase I – 60 per cent
Phase II – 25 percent
Shopping Mall + Multiplex + Hotel – 55 per cent
Sponsor Profile
Name of the project
Name & address of the company developing the project
Name of the developer group
Track record in years
Projects developed till date
Ongoing projects
Raghunath Residency & Mall
Lotus Infra Projects Pvt Ltd.
6926, Jaipuria Mills, Clock Tower, Subzi Mandi, Delhi –
110007.
Raghunath Group
6
7 no (0.2 million square feet [sq ft])
3 no (1 million sq ft)
Project Rating Drivers
Project construction quality and amenities o Construction Quality – Structural quality of the project is backed by the track records of the architect (M/s. Design Point, Kanpur) and structural consultant (M/s. Nirman Construction
Company, Kanpur). The project has been designed in conformance with the seismic zone IV requirements. The developer does not provide defect liability for the project. The project is behind schedule and is expected to be delayed. o Amenities: Major amenities for the residential part of the project include children’s play area, badminton court, table tennis court, jogging track, library, and temple. o Location: The project is in proximity to State Infrastructure and Industrial Development
Corporation of