CIN | U45208MH2007PTC174132 |
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Year Established | Not Available |
Address | S-1, JAYANTI MANSION - I, MANISHNAGAR, SOMALWADA, WARDHA ROAD, NAGPUR MH 440015 IN |
Company Status | Private |
Overall Case Outcomes
In the vast and dynamic world of real estate, choosing the right builder is crucial for ensuring a smooth and fruitful home buying experience. One such entity in Maharashtra is Abhijit Realtors & Infraventures Private Limited. However, potential buyers should tread carefully as this builder has a concerning track record. This blog post delves into the builder's history, legal disputes, and offers essential tips for prospective homeowners.
Abhijit Realtors & Infraventures Private Limited operates primarily within the state of Maharashtra. Despite the general reputation that builders strive to maintain, this particular company has encountered some serious challenges, leading to notable issues related to their projects.
Abhijit Realtors has faced two legal cases, both of which resulted in unfavorable outcomes for the builder. Here’s an analysis of the circumstances surrounding these losses:
The common thread in these cases lies in the dispute over the legitimacy of occupancy certificates issued by the Gram Panchayat. The builder consistently attempted to assert validity in situations where the tribunal found that appropriate legal procedures were not followed or that adequate documentation was not provided. This suggests a potential lack of thoroughness in their project compliance protocols.
Based on the data provided, Abhijit Realtors & Infraventures Private Limited presents a concerning picture for prospective buyers. With two lost cases and an apparent struggle in legal standings regarding essential project certifications, potential homeowners may want to approach this builder with caution.
Choosing a builder like Abhijit Realtors & Infraventures Private Limited without adequate research might lead to unfavorable outcomes, as evidenced by their track record. Always prioritize due diligence when making your home buying decisions.
Yearly Trend for these Cases
Analysis of the cases filed by the builder Abhijit Realtors & Infraventures Private Limited, which it lost, reveals several insights into its legal disputes. The cases primarily revolve around claims for waiver of pre-deposit, disputes over the validity of occupancy certificates issued by the Gram Panchayat, and challenges related to the competence of authorities to issue such certificates. These themes suggest a consistent struggle between the builder and regulatory bodies regarding compliance and authority’s jurisdiction in issuing certifications essential for project completion.
First, analyzing the 'Waiver of Pre-deposit Claims,' it is evident that the builder sought to contest the requirement of a pre-deposit as per Section 43(5) of the Act of 2016. This claim indicates the builder's attempt to mitigate financial burdens imposed during ongoing disputes. However, this often led to rejection from the tribunal when no substantial evidence was provided to support such waivers, hinting at underlying financial mismanagement or lack of proper legal counsel.
Secondly, the disputes over the 'Validity of Occupancy Certificates' demonstrate a significant conflict. The Gram Panchayat's authority to issue these certificates was questioned, both on the grounds of validity and competence. This highlights the frequent misunderstandings or potential misinformation regarding regulatory frameworks governing housing projects. The builder’s reliance on the certificates issued by what was later deemed an inadequate authority raises concerns about due diligence in legal compliance.
The builder commonly brought cases to court largely to contest penalties and the legitimacy of regulatory actions, often claiming external factors contributed to project delays. Yet, a pattern emerges where insufficient documentation or failure to prove competence of the Gram Panchayat led to a series of unfavorable verdicts. In each instance, the tribunal consistently pointed out the lack of critical evidence supporting the builder's claims, signaling a systematic issue within their operational framework.
In conclusion, the common reasons cited for the builder's defeat in these cases were largely due to insufficient evidence, misunderstandings surrounding regulatory requirements, and the failure to comply with directives from interim legal proceedings. This trend not only undermines the builder's credibility but raises red flags for potential buyers who should exercise caution. Before investing in the properties of such builders, it's crucial for buyers to approve thorough due diligence and ensure that the builders possess a track record of legal compliance and a stable operational history.
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