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Topics: Project management, Haridwar, Real estate Pages: 3 (454 words) Published: January 18, 2013
Raghunath Mall & Residency

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,
Bought Out
Residential – April 2010
Shopping Mall + Multiplex + Hotel – June 2010
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
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 –
Raghunath Group
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 Uttaranchal...
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