| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
AB3 Asset Management India Private Limited is a builder that has made its mark in the real estate sector, specifically operating within Punjab. However, the builder's track record raises some concerns among potential buyers, especially regarding complaints and legal disputes. In this blog post, we will delve into the builder's history, examining the details of the complaints filed against them and drawing conclusions for prospective buyers.
Builder Profile: AB3 Asset Management India Private Limited
AB3 Asset Management India Private Limited has received a total of 2 complaints, with a concerning record of both cases lost, signaling potential issues in their project management and customer service practices.
Legal Case Breakdown
Cases Won: 0
Cases Lost: 2
Two notable cases were filed against AB3 Asset Management India, wherein the complaints revolved around delayed possession and the failure to deliver on promised properties. In both instances, the complainants sought a refund of …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against AB3 Asset Management India Private Limited, where the builder lost, reveals significant insights into their legal disputes. The cases can be primarily grouped into two common themes: Delayed Possession Claims and Refund and Compensation Disputes.
The Delayed Possession Claims involve situations where the builder failed to deliver properties on time, leading complainants to seek refunds and compensation for the delays. For instance, in one case, the complainant sought a refund of Rs. 19,89,522 due to the delayed possession of a commercial property. The builder's defense was that the project was complete and that the complainant had failed to provide necessary documents. However, the RERA Authority ruled in favor of the complainant, indicating a pattern where builders may not fulfill their commitments on schedule.
Refund and Compensation Disputes often overlap with delayed possession claims. Complainants who made full payments for units reported that possession …
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!
Submit Your Review
Interested in buying from AB3 ASSET MANAGEMENT INDIA PRIVATE LIMITED?
Leave your details – our team will call you back within 5 minutes.