| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Aakar Developers, operating primarily in Gujarat, has a notable history in the real estate sector that is marred by an unsatisfactory number of complaints and legal losses. As potential buyers consider engaging with this builder, it's essential to analyze their track record to make an informed decision.
Overview of Legal Cases Against Aakar Developers
Complaints & Litigation Summary：- Number of Complaints: 3
- Cases Won: 0
- Cases Lost: 3
Details of Lost Cases:
- Aakar Developers faced a significant accusation regarding their inability to submit crucial compliance documents and financial reports. The appellants highlighted various reasons for this failure, including technical challenges and resource limitations. However, the authority ruled against Aakar Developers, emphasizing their non-compliance with regulatory standards. Consequently, they were mandated to respond and incur a penalty within a specified timeframe.
Details of Won Cases:
- In two different instances, Aakar Developers was able to partially defend against complaints regarding …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Aakar Developers, which it lost, revealed significant insights into the builder's legal disputes. The cases can be broadly categorized into two themes: Delayed Construction and Registration Claims, and Non-compliance with RERA Act.
The first type of cases involves claims primarily made by buyers or investors who allege that Aakar Developers failed to complete projects on time or register their properties as promised. For instance, in one case, the complainant claimed that the builder did not finish constructing a project and did not fulfill the commitment of registering the complainant's shop. The builder, on the other hand, often attributes these delays to other factors and claims that buyers failed to pay their dues in full, which is critical to proceed with the construction work. However, the authority did not accept this defense and partially approved the complaint, indicating a degree of disfavor towards the builder's …
Individual case details available for subscribers.
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
The analysis of the cases filed by the builder AAKAR DEVELOPERS, which it lost, reveals significant insights into the recurring challenges faced by the builder.
One of the predominant themes in these cases is Regulatory Non-compliance. AAKAR DEVELOPERS has encountered issues related to adherence to various regulatory requirements, particularly concerning timely submissions of final accounts and compliance reports. This lack of compliance has ultimately led to disputes with the authorities, resulting in unfavorable outcomes for the builder.
Another notable theme is Penalties for Project Delays. The builder frequently engaged in litigation contesting penalties imposed due to delays. However, upon examination of the cases, it becomes evident that there was a consistent pattern of the builder attributing these delays to external factors, such as technical issues and resource shortages, rather than acknowledging their own responsibilities and shortcomings in managing the projects.
The builder also faced …
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!