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Overall Case Outcomes
Introduction
In the competitive world of real estate, the reputation of a builder can significantly influence a buyer's decision. A K Real Estate Developers, primarily engaged in projects in Goa, is one such builder that has a mixed track record in the legal arena. In this blog post, we will explore the builder's legal history and provide insights for potential buyers, ensuring they make informed decisions.
Legal Standing of A K Real Estate Developers
A K Real Estate Developers has faced a total of two complaints, both of which resulted in cases that were lost in favor of the complainants. However, these cases were ultimately settled amicably, showcasing a willingness from the builder to address issues and fulfill commitments. The common theme in these cases revolved around the non-delivery of possession despite receiving significant payments, amounting to Rs. 62,50,000/- for the flats.
Summary of Legal Cases
- Case 1
- Appellant Claim: …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, A K Real Estate Developers, which the builder won, revealed the following information. The primary theme identified in these disputes is 'Delayed Possession Claims'. In each case, the complainants alleged that the builder had failed to deliver possession of the flats, despite having received substantial consideration of ₹62,50,000. This common element points to a recurring concern among buyers regarding timeliness and project completion.
The reasons behind these cases often involve contesting delays in possession delivery, as buyers expected timely completion of their real estate investments. It seems that buyers may have begun these legal actions due to unmet expectations, leading to feelings of frustration and distrust towards the builder. A pattern emerges indicating that buyers may perceive delays as unjust or unacceptable, prompting them to seek legal redress.
The builder's success in these cases can be attributed to several factors. …
Individual case details available for subscribers.
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