| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Buying property is often one of the most significant investments individuals make in their lifetime. However, ensuring a trustworthy builder is essential for a seamless experience. In this blog, we will delve into the performance of ACCORD INFRA PROJECTS, examining their legal history and overall reliability based on available data.
Overview of ACCORD INFRA PROJECTS
ACCORD INFRA PROJECTS operates primarily in Gujarat and has faced challenges concerning its compliance with real estate regulations. With a total of 2 complaints lodged against them, neither of these disputes has been resolved in favor of the builder, indicating a trend of unfavorable outcomes in legal matters.
Legal Issues Faced by ACCORD INFRA PROJECTS
Case Summaries
- First Case:
- Appellant Claim: ACCORD INFRA PROJECTS contended that certain unit holders did not plan to sublet their properties and had indicated they would acquire direct sale documents.
- Respondent Claim: The Gujarat Real Estate Regulatory …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed by the builder, ACCORD INFRA PROJECTS, which it lost revealed important insights into the builder's operational practices and the frequent challenges it faced in adhering to real estate regulations. The cases can be categorized into three main themes: Regulatory Non-compliance, Penalties for Advance Payments, and Disputes over Agreements and Sales. Each of these categories provided valuable context regarding the builder's legal battles and the subsequent outcomes.
The first theme, Regulatory Non-compliance, highlights ACCORD INFRA PROJECTS' challenges with adhering to the Real Estate (Regulation and Development) Act-2016. In both instances, the builder was found to have collected more than 10% of the sale consideration without properly registering agreements for sale, leading to penalties imposed by the Gujarat Real Estate Regulatory Authority. These violations indicate a consistent failure to meet regulatory requirements, which can significantly affect buyers' confidence and the builder's reputation in the market.
The second …
Individual case details available for subscribers.
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