Chaitanya Pralhad: A New Residential Project in Karanjade
This essay introduces “Chaitanya Pralhad,” a new residential project located in Karanjade, Raigarh district, Maharashtra. Registered with RERA under ID P52000052281, the project is developed by Chaitanya Developer, a partnership firm. Construction is underway and the project is scheduled for completion on June 1st, 2027.
Chaitanya Pralhad occupies a 1299 square meter plot (Plot No- 24, Sector No- 2A), with boundaries bordering a 15-meter wide road to the west and an 11-meter wide road to the north. The project comprises a single building with 14 sanctioned floors, including a stilt floor, offering a total sanctioned built-up area of 6226 square meters. The project boasts a total of 47 open parking spaces and 26 closed parking spaces.
While the project is categorized as “New,” it’s important to note the presence of ongoing litigations, a detail potential investors should be aware of. Additionally, the project includes a promoter (as defined by MahaRERA Order), indicating involvement beyond the developer.
The project’s location in Karanjade, a rapidly developing area with good connectivity to nearby cities, makes it an attractive option for potential residents. Amenities offered by Chaitanya Pralhad, including a stilt floor and a large number of parking spaces, contribute further to its appeal.
However, potential investors should conduct thorough research, considering the ongoing litigations and the involvement of a promoter. It’s also crucial to analyze the project’s financial health and the developer’s track record before making any investment decisions.
This brief overview highlights the key aspects of Chaitanya Pralhad, providing a starting point for potential investors to gather further information and make informed decisions.